Tuesday, July 8

Tag: debt problems

Signs You’re Heading for Debt Problems
Finance

Signs You’re Heading for Debt Problems

Hindsight, as they say, is 20/20.Recognizing something as being problematic is easy when it’s already happened. Of course, that’s also when it’s too late to prevent. The consequences have manifested themselves and all you can do is try to reconcile the resulting disparities.Seeing things coming puts you in a far better position. You can take steps to eradicate the problem before it blossoms, or at least enact some mitigating measures to make recovery easier to accomplish.With this in mind, let’s identify some of the signs you’re heading for debt problems.Robbing Presley to Pay ParkerBorrowing money to pay your monthly bills is a sure sign things are about to go off the rails for you. Don’t get us wrong here, a balance transfer can make repaying credit card debt less cos...