Today's New York Times features an article on the growing scourge of credit card debt in Turkey. This is a nation where borrowing money was exclusively a family affair up until the last two decades--many Turks did not even have a bank account when they signed up for their first credit card.
The article is interesting, but I'll admit I'm linking to it here mainly because I love this proverb about living beyond your means:
“We did not listen to our ancestors’ proverb,” Mr. Kaya said. “ ‘Stretch your leg only as far as your blanket.’ ”