I was better off when i was younger and got paid weekly by cash on a friday. Actually having the money in your hand really teaches you the value of money, as you spend so it disappears. You had to actually go to a bank to put money in or get it out.
Nowadays though (i'm very guilty here) its all hole in the wall, debit cards etc so we all spend figures and don't actually appreciate the value of our spending.
Regards credit, to get any (store cards, loans etc) you had to fill out forms then await for approval, or attend an interview but thats changed now , you can borrow what you like at the touch of a button.
I have experienced bad difficulties in the past, due to bad management of money and being made redundant twice in one year. My bank wasn't helpful at all and practiced the honouring of DD then charging me for it even though i clearly had sod all in the account. Now it does make me angry with the folks who sit there and spout off that its peoples fault etc they shouldn't etc. Until you find yourself in difficult circumstances then you can't appreciate how hard it can be.