Six Warning Signs of a Financial Problem

1. More than 20% of your monthly net income is going to pay back credit cards and other loans (excluding mortgage).


2. You’re borrowing money to make payments on loans you already have.


3. You’re frequently at, near, or over the limit on your credit cards.


4. You’re paying only the minimum required on your credit card bill.


5. You’re paying bills late or putting off visits to the doctor because you don’t think you have enough money.


6. You’re working overtime or a second job just to cover food, housing, and other living expenses.