Credit card debt is almost always bad. At the very least, make sure that the amount of credit card debt you have is less this year than last.

I see very little other sources of financial catastrophe than credit-card debt,

Typically, students slide into debt through the extension (by credit card companies) of unaffordable credit lines.

She says, "Do you have any rubbers?" I say, I thought she was barren. "Sure, I'm sterile," she says, "but I've had unprotected sex with a million guys. I could have some terrible fatal disease." I say that would only be a problem if I wanted to live a lot longer. Fertility says, " That's how I feel about my giant credit card debt." So we have sex. If you could call it that.

I have a car again! Top of the list, easily. It’s the American dream. The attendant debt is also part of the dream, I suppose. Americans have weird dreams, when you get right down to it.

When you have unmanageable debt, debt controls you. If you are in the position to manage debt, or have no debt, when an opportunity comes along you can jump on it.