Yep - it could...
Exactly.
My husband has a good job, we don't have a 6 figure income and we do have some credit card debt and a car payment - but we are not behind in anything and we have want we need. And if we don't have cash for something we "want" it waits until we do have the cash.
I'm the first to admit that I learned these lessons the hard way - but I did learn them and learn them well.