Financial Trouble

You may think that you are financially secure as long as the debt collectors are not calling but they might just be right around the corner.

It is important to analyse just how close you are to being in serious financial trouble before it is too late.

There are a number of warning signs that should set alarm bells ringing.

Here are just some of them:

· Are you unaware of what your total debt is?

· Are you having difficulty paying monthly bills?

· Have you run several credit cards up to the limit?

· Do you make only the minimum monthly payments on your credit cards?

· Have you used the cash advance feature from one card to pay the
minimum payment on another?

· Do you use cash advances (or use a credit card) for living expenses
such as food, rent, or utilities?

· Are you unaware of how long it would take you to pay off all your
current debts at the rate you are paying?

If you answered 'Yes' to one or more of the above questions then it is time to take control of your finances before you get into serious financial trouble.