“Back in the days when I was young, I’m not a kid anymore. But some days I sit and wish I was a kid again…  I remember way back when.” – Ahmad

I have two questions for you…. Are you managing your debt? Or is your debt managing you?

We’ve all been stuck in a financial quicksand before.  You may not realize it at first because you’re sinking slowing and you have that robbing Peter to pay Paul mindset.  If that is your situation, you might be in a financial storm, but it’s never too late to get out of it.

Here are 3 signs that you might be overextending yourself financially.

  1. You are charging more on your credit cards than you are paying off.

According to the National Foundation for Credit Counseling Financial Literacy Survey completed in 2014, approximately 1 in 3 adults admitted to carrying credit card debt from month to month.

  1. You are having trouble paying bills.

It may be an obvious sign that there is a problem, if you are not paying your bills on time.

  1. You are buying merchandise without putting nothing down.

Selecting 100% financing, with no down payment, and the longest terms available on non-appreciating assets is an obvious red flag.  Interest will be charged monthly on the entire amount financed.

If you are pushing your finances to the limit, the signs are already there that you are overextended.  Do not ignore it! Have you ever thought about what will happen to your finances if you continue to stretch them beyond its limits? It snaps… Or you will!

Before it reach that point, schedule a 1-on-1 consultation at www.increditablefinancialsolutions.com.  Let’s get your finances under control and end 2017 on the right foot!