Take this test….
Financial
problems, from high credit card debt to a bad credit rating aren’t
necessarily the result of poor money management. Sometimes financial situations
beyond our control, such as divorce, death of a spouse, health problems
or a change in household income can lead to financial problems. Regardless
of the cause, financial worry about money problems can impact both your
work life and family life.
Many times we don’t see the signs of a financial trouble until it’s too late. But financial crisis don’t occur overnight. There are several warning signs that indicate debt problems may be getting out of control.
Take this test….
Do you…
- Pay only monthly minimums or miss payments on charge accounts?
- Consolidate debts by borrowing from a high-interest lender?
- Depend on overtime or moonlighting to cover monthly bills?
- Find it impossible to save money or immediately withdraw money from your savings to cover bills?
- Panic when faced with an unexpected expense, such as car repairs?
- Hope that checks you’ve written don’t clear the bank before payday?
- Borrow from friends and relatives to cover basic expenses?
If you’ve answered "yes" to any of these questions, you may be heading for financial trouble.