And for people who get into debt that is some very good advice.
It seems to me that people who look for this kind of thing are all ready in trouble and need help getting out of debt.
Its a shame they don't teach budgeting in school.
+1
agreed - teaching budgeting in school will teach us a lot more life skills than cursive, cosines/tangents/obtuse angles, etc..
Although, right now it's having all these ccs that are actually helping us financially
and giving us great flight, hotels, and vacations than we'd ever dream of in school.
(maybe a khan academy style course on building credit early, positive, financial responsibility, and cc for beginners for 18+ can be given by dan...)