Read the signs - Are you heading towards financial trouble?

See how many of the following statements best describe you.

• My required monthly minimum payments are 20% or more of my take-home pay, not including rent or mortgage payments.
• I use cash advances from one credit card to pay off another.
• I pay only the minimum amount due or less each month.
• I have no idea what my total debt adds up to.
• I get calls or letters from creditors about overdue payments.
• I pay bills late frequently.
• I've recently been denied credit.
• My income isn't enough to pay all my current bills.
• I have more than three credit cards and I use all of them.
• A purchase was turned down because I had gone past the credit limit on my credit card.
• I have to use credit cards to pay for things I used to pay for with cash.
• I have at least three credit cards and I am still applying for more.

If two or more statements mentioned above describe your credit behavior, its time to seriously look into your finances.

Living within your means is not difficult, it just demands discipline. Click here to know how you can budget and keep track of your expenses.