Knowing the warning signs of impending debt

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(July 8, 2015)- There are warning signs that point to imminent debt when reviewing your financial history.

Andy Mattingly with Forum Credit Union is here to discuss how many individuals rack up debt, even when they aren't aware of their actions. An example of this is dipping your hands into the emergency fund. Mattingly explains that we convince ourselves we are in emergency situations so our actions are justified. But over the course of time the emergency fund runs out which could then lead to more credit card charges.

To find out more about signs leading to debt watch this edition of 4 Your Money.

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 )

Google photo

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

Twitter picture

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

Facebook photo

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

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.