Twenty Danger sign

  • Using a charge card because you are short on cash.
  • Charging items you might not buy if you were paying cash.
  • Charging inexpensive items.
  • Charging liquor or food items.
  • Shopping only at stores where you can "charge-it."
  • Shopping only at stores where you can "charge-it."
  • Charging more each month than you pay off.
  • Letting payments "slide" to the next paycheck.
  • Paying for last year's Christmas when the next one comes around.
  • Arguments with spouse about monthly bills.
  • Writing checks today on funds to be deposited tomorrow or the next day.
  • Skipping payments on one account to pay another.
  • Charging items on impulse without considering effect on monthly budget.
  • Not having a budget.
  • Assuming your income entitles you to a particular standard of living.
  • Applying for new credit cards to increase borrowing.
  • Telling yourself you have a "right to it" because of your income or because you "work so hard."
  • Receiving late and over limit credit card charges.
  • Renting furniture or appliances because you can't afford to buy them.
  • No savings account.