Your Credit Card Bills Are Too High

. .

Where are the "priceless" TV credit card ads when your bills begin to mount off? They’re off on vacation with your hard-earned money.

Here are 15 ways you can know when your credit card bills are too high.

1. Do you have trouble sleeping at night because of financial pressure?

2. Do you spend more than twenty percent of your net income on credit card payments?

3. Do you borrow on one credit card to make the minimum payment on another credit card?

4. Do you make only the minimum payment on your credit cards?

5. If you try send any extra money toward paying off a credit card, are your finances too tight for the rest of the month?

6. Do you mail your monthly payment without signing the check just to buy a few extra days?

7. Do you use your credit cards to buy perishable items, i.e., groceries, just because you have no other way to pay for the purchases?

8. Is every credit card either maxed out or close?

9. When American Express sends you a letter and says, “please leave home without us.” (By now I figured you needed a little humor.)

10. Do you wait until the grace period is about to expire before you mail your payment?

11. Do you hide credit card purchases from your spouse?

12. Do you and your spouse repeatedly argue about your family’s finances?

13, Do you continually depend on someone else to help you make the minimum payment on your credit cards?

14. Does it seem that your existing credit card balance never goes down?

15, Do you end up paying late charges because you can’t pay your credit card bill on time?

If you answer more than two of these fifteen questions with a “yes,” then you need to STOP charging and develop an out of debt plan immediately.

If you have questions. . .send me a “short” email and I’ll get back to you ASAP.