HOW DO I KNOW IF
I’M IN FINANCIAL
TROUBLE?
Do You Know The Warning Signs Of Too Much Debt?
Listed below are some questions regarding your finances. If you answer “yes” to more than one of these questions, then you are probably in financial trouble, whether you realize it or not, and you need to find out what options are available.
Here Are Some Of The Warning Signs:
- Are you losing sleep at night wondering how you are going to pay your bills?
- Have your insurance rates gone up for no apparent reason?
- Do you need your next paycheck to SURVIVE?
- Are you robbing “Peter” to pay “Paul?”
- Are you spending more than 20% of your net income to pay credit card bills?
- Are you dipping into your savings accounts or retirement accounts just to pay monthly bills?
- Are you using credit cards to pay necessities, like groceries, because you don’t have the cash?
- Do you depend on family or friends to bail you out?
- Are you leasing, or financing a car for more than 5 years, so that your payments are lower?
- When you buy a car, are you more concerned with the monthly payment than the amount of the purchase?
- Do you need a co-signer in order to get a loan?
- Do you hide credit card statements or lie to your spouse or other family members about purchases?
- Are you overdue on any of your bills?
- Are you starting to look at “minimum payments” as being normal?
- Are you using “payday loans” to make ends meet?
- Do you bounce checks?
- Are you unsure about exactly what you owe on your debts?
- Have you tried to purchase something on a credit card and found out that the charge has been declined?
- Have you been denied additional credit?
- Are you getting collection calls from creditors?
- Are you getting charged a high interest rate when you borrow money?
Quick Test:
Knowing what you know about your situation,
would you lend yourself more money?
Do you really want to spend the best years of your life in debt?
Is it time to find out what options you have?
Call 210-930-7000 for a Free Initial Consultation.
