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Warning Signals of Financial Difficulties

Here are the nine most common signals that you may be heading for financial difficulties.

Do these situations apply to you?

  • You find that you are using your credit cards more and more. You are constantly exceeding your limit.
  • You borrow from family and friends to help you make it to the next pay day.
  • You avoid opening your bills or you only open one or two and ignore the rest.
  • You are afraid to answer your phone because you think the call could be from a collection agency.
  • You are worried and depressed about money and this is affecting your health, your job and even your personal relationships.
  • You feel your spending is out of control and you don't know what to do to get a handle on your finances.
  • You have a garnishee against your wages or you are being sued by a creditor.
  • You have tried to consolidate your debts but find you still cannot keep up the payments. The lender now wants the loan paid off or is asking you for a co-signer.
  • You have received your layoff notice at work and you have no idea how you will make ends meet.
Are you having money problems? Financial difficulties can happen to anyone. BDO Dunwoody Limited can help you.

 

 
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BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

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