The concept is absolutely the same. You have a budget, you have expenses, you have debt, when you have more than you can pay. You can budget to stay out of debt, or you can suffer the consequences. For folks like us, we're not allowed to simply print more money, or just raise our amount of what we owe, and not pay it. We either get forclosed or, fined, or even go to jail. It's nice that you seem to be advocating that, if we're to follow the path of government