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What are the warning signs that someone could end up in financial trouble?

There are a number of warning signings, including:

  • Using credit to pay for other credit
  • Using credit to pay for most purchases
  • Spending more than you make
  • Having no budget
  • Missing bill payments or continually making minimum payments
  • Having little or no savings
  • Receiving phone calls or letters from creditors

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I have been working with Adam Agulnik of A. Farber and Adam has been helping me try to figure out what the best financial move would be for me. I cannot say enough about how helpful, knowledgeable and supportive Adam has been. If anyone I know needed similar advice I would recommend Adam and A. Farber & Partners instantly.

Regards,
Jason (Toronto)

 


 What are the warning signs that someone could end up in financial trouble?

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