Susanna Wilson is a 70-year-old living near the Sierra Nevada who is nearly over-the-edge financially because she has no savings and around $15,000 in debt.
This, to me, seems particularly scary, since I regularly rack up $5,000 credit card bills. But there’s a way to avoid this dilemma: always save money. Use the credit cards to maintain responsible cash flow rather than simply suck interest payments out of your soul.
