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Paying On Time - Credit Cards » 5 Warning Signs That You've Got Way Too Much Debt
November 9, 2009 at 11:36 am
5 Warning Signs That You’ve Got Way Too Much Debt | YoGoG.com
November 9, 2009 at 12:03 pm
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Debt Help November 9, 2009 at 10:27 am

I absolutely agree with all 5 of your warning signs. I also think that there are much earlier signs that people should look for. The biggest one is if you have no money in your account before your next payday. If you are living paycheck to paycheck, this is the first sign that you need to spend less money.

Ashley November 9, 2009 at 4:38 pm

Good points, and I’ll add another “You have problems paying for the things you need (mortgage, car note, food, credit card payments, electricity and water) yet you somehow have everything you want.” I’ve known many people to constantly complain about how they can’t pay their bills and have money problems, yet they always manage to have the newest electronic gadgets, clothing, and cars.

Tamara Holmes November 10, 2009 at 6:24 am

Though it may seem excessive, credit card establishments are lawfully have the authority to file suit not in favor of an individual who declines to make payments regarding credit card dues. The loan collector will largely likely attempt to resolve with you before pressing charges, but they will choose that if you settle not to go with them to repay your balance and reduce credit card debt.

Debt December 22, 2009 at 4:30 am

Great points. The biggest one is if you have no money in your account before your next payday

FX March 26, 2010 at 1:04 am

I do not see a problem in using your credit card in buying everyday items as long you can pay off the whole amount due come due date.

Alex Burda April 30, 2010 at 2:55 pm

HI… I think its a great post credit card users make this worse when they need to pay their loan next day and they don,t have money in their account so its must to pay off the amount on due date and free from the debt

Alex Burda May 1, 2010 at 2:01 pm

HI….. WE know somewhere we have got the fear of debt but we don,t care about it and don,t think about to pay on time there wouldn,t be any problem if we will pay our credit card money on time to reduce credit card debt.

Tom@easyfinance May 12, 2012 at 1:28 am

Amazing post. All 5 points are much useful and indeed true. We can easily have a hassle free life without having any debt burden if we take precautions within the given period. Too much of credit card using make things worse most of the time. We can use it for our every small and big necessary belongings. But at the same time should keep an eye on the total amount of due payment so that we can pay it off within time.

KYD May 20, 2012 at 3:19 am

Nice article. Most the time debt gets over our head just because of our negligence. If we make a calculation on the paid and due debt and maintain a chart from the very beginning, we can easily resolve this issue by paying it off before the amount gets too high. I thoroughly agree to the thing written above that most of the time the debtor loses the willpower to combat with it. So just tries to pretend oblivious to the entire upcoming troublesome days.

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