Apropos “Watch that Credit Card Spend” (MoneyLIFE, 13 September 2007), credit is really a trap because once you take a loan, you pay interest on it and, naturally, the principal also has to be repaid. There is a famous saying “Jitni chadar ho utne pair pasaro” (spend as per your income). The telemarketing calls from banks and credit card companies show that credit is easily available today. A...