Living with secured credit cards

Recently I've been struggling with my personal finances in that I have been spending more money than I earn, which as you can imagine has left me short of a few bucks. It's an awful situation to find yourself in, one day you are out having a wonderful time courtesy of your plastic friend and the next day it hits you square in the face; I have a bad credit card debt problem. So what did I do? First of all I applied for various balance transfer cards so I would be able to stop paying back interest for a few months, but guess what, my credit score is now so bad that none of the companies would give me a credit card! I hit the web and started to search for options and things were looking pretty bad until I found out about these secured credit cards. They look just like any other credit card and I can use them like a normal credit card, but there is one fundamental difference. Secured credit cards are created for people like me, they are essentially-speaking credit cards for bad credit. Opening the account was simple, I just had to put down an opening deposit that would cover a payment if I couldn't make it that month. Ok, they still charge interest, but it's better than nothing.