Unfortunately this is the generation we have created. Everything on credit so it's not as in your face as cash. At least when we had pay packets you knew what cash you had to spend, when it's gone its gone. That's why I worry for the kids of today, TV's, playstations & Xbox's, mobile phones, the list goes on. No wonder when they get out into the world of working and have to start paying for themselves they get sucked into the world of credit cards
When I read that they were £400 a month short on a £600 mortgage I was flabbergasted. I would imagine that you would be paying £600 a month for a 3 bedroom council house these days. They definitely need to be told to grow up and face their responsibilities, so good luck with that.