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Guilty as charged. I did pretty well in undergrad with one credit card and never carrying a balance. But before I moved for medical school I went nuts. I bought beautiful photographs for my walls (one day, approx 8 pics, atleast $150 a pop).

In medical school I continued to live through money because I felt I had no other freedom. $450 for a watch, $350 for a camera... On and on. When I finally stopped (because I was pretty much maxed out and noone else would give me credit) I had over 10K in debt. Yuck.

Honestly, I could have paid some of that off before now. I also took everything possible out for med school, leaving me 117K in gov't loans (now before anyone has a massive heart attack, that is only a little above par for my school). But with that money over the years I bought a 25" TV, treadmill, computer... See a pattern.

Now that I am a Fool I have set up a budget and am paying a great deal every month towards those cards. Student loans are deferred through residency. It will all work out, but I really don't want to think about how much I REALLY paid for those pics...
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