When I was younger, I didn’t make a lot of smart choices when it came to money.  Sadly, I spent pretty much every dime that came in on something and had little regard for savings.  It was these habits that would get me in trouble later in life.

I moved out of my parents house at 20 into my own apartment.  I was going to make enough to have about five hundred dollars left over each month after paying bills and buying groceries.  At this point though, I made the mistake of getting a couple of credit cards and a line of credit.

I went hog wild with my spending and before I knew it, I was in a position where I couldn’t keep up with my payments.  In fact, it wasn’t uncommon for a collection agency to call each day - I needed help.

I enrolled in a bill consolidation program, and reduced my payments to a more manageable level.  Though I am still making payments to this day, at least I am on the road to getting caught up.  I have definitely learned my lesson.