Think you have a good handle on your debt? Here Are Five Signs You’re In Over Your Head

Dave Ramsey once said, “Debt is dumb, cash is king.” Truer words have never been spoken.

According to data from the U.S. Federal Reserve, the average amount of credit card debt per U.S. household is over $16,000. And even though debt and consumerism are the American way, staying up at night worrying about money doesn’t have to be the norm.

The ability to make the minimum payments on all your debts each month doesn’t constitute financial stability. Your credit card bills may not be keeping you up at night yet, but if you analyze your financial situation, you may find that you are closer to the edge than you think.

Here are a few warning signs that you have way too much debt: Read more.

Featured image by Jason Rogers on Flickr


Published by Hill Writing & Editing

Denise Hill is currently a speech writer and senior editor at a government agency and also a professional freelance writer and editor. She has written and published over 200 online articles, ghostwritten a book and has an array of publishing and editing experience. She is a competent, creative and a deadline driven professional.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: