15 Signs That You Are Handcuffed By Debt

I found this great post last month at  http://mommysmakemoney.blogspot.com/ .  It was such a good post that I had to share it here.

 Here are 15 most common signs that you are in debt.

1. The balance on your credit card is increasing while your monthly income is decreasing.

2. Your only paying the bare minimum on your credit card if even that.

3. You’re juggling bills. Your using credit cards to pay off “other” credit cards.

4. You have more credit cards then a gambler has poker chips.

5. You are very close to the limit on all of your credit cards.

6. You have started receiving phone calls from bill collectors.

7. You have no choice but to use credit cards for food and other necessities.

8. You use your card because it is your only source of money.

9. You are taking money out of your savings/retirement to pay off your monthly bills.

10. You are hiding your bills and purchases from your significant other.

11. You’re playing the card game by signing up for every credit card that sends you an unsolicited offer.

12. You have lost your job or know you are about to and have no idea on how you are going to pay off your bills.

13. You consistently charge more each month than you make in payments

14. You have no idea how much you are really in debt and don’t want to know.

15. You have to work overtime just to keep up with your credit card payments.

Do you have a debt sign that is not covered on this list?  Feel fee to leave a comment to add your number.