<prompt> Human: All too often I read about people most of the time americans - coincidence or not? who are worried about their financial situation, because additionally to students loans they have piled up tons of other credits for cars, TVs, cedit cards, maybe a house. I am seriously wondering, where this willingness to borrow a loan comes from? Im from central europe and Ive asked some friends and relatives in the past few weeks about their credit-history, and most of them said the only credit they have ever borrowed was for a house, because it is normal here to save money, before you buy something.Dont get me wrong, I am not accusing anyone of making wrong financial decisions, but if I had a 150k student loan to pay of which obviously isnt your fault, buying a car for a 20k credit would be last the thing to cross my mind.In my environment dont know if thats the right word it is common to only buy stuff when you can really afford it, I mean if you really need a car there are great ones for around 1000. The same goes for TVs and all other kinds of gadgets: I would give anything to avoid living on credits, because in the end credits just make it more expensive and you depend on someone else. I really hope I didnt offend anyone, I would just like to be enlightened, where this willingness to pile up, lets say 5 or 10 different credits comes from. Are some people too impatient to wait and save for sth.? Is it because banks give credits too easily in the US? Is it just because everyone does it this way?Thanks alot, and I really hope some can clarify it for me!  <response>: We hate socialism and get raging hard veiny boners whenever someone uses self-reliance and puts themselves in crippling debt. 