Dr. Judith Gerhart, CFP
Certified Divorce Financial Analyst 
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Warning Signs of Debt
December 1, 2008
10 Warning Signs of too Much Debt
- You don’t have any savings.
- You only make the minimum payment on your credit cards each month.
- You continue to make more purchases on your credit cards while trying to pay it off.
- You have at least one credit card that is near, at, or over the credit limit.
- You are occasionally late in making payments on bills, credit cards, or other expenses.
- You don’t even know how much total debt you actually have.
- You use cash advances from your credit cards to pay other bills.
- bounce checks or overdraw your bank accounts.
- You’ve been denied credit.
- You lie to friends or family about your spending and debt.
By: Jeremy Vohwinkle
Posted by Judith Gerhart on December 1, 2008 | Permalink | Post a comment
Topics: Finance |
