If you have credit card debt, you may be simply making the minimum payment every month. On a monthly basis, this may make sense as it allows you to keep more of your money. But in the long term, you will be paying out much more money due to interest rates than you would if you made larger payments.
There is no great shame in carrying heavy debt on your credit cards, but it can cause a tremendous amount of financial strife. The fact is, most people go into debt due to events beyond their control, such as a family medical emergency or divorce. Sometimes circumstances require pulling out the plastic, but the debts can add up quickly. Add monthly interest charges and credit card payments can place a tremendous strain on your household budget.