Answer the questions as honestly as you can.

1. I spend most of my take-home pay on paying credit card bills.

2. I am near, at or over the limit of my lines of credit.

3. I am habitually late paying my bills.

4. I often pay late penalties.

5. I make only the minimum payment on my chare accounts.

6. I have to pay half my bills one month and half the next.

7. I write post-dated cheques.

8. I’ve bounced three cheques in the last year.

9. I often “overshop to meet the minimum purchase requirement for credit card transactions.”

10. I’ve taken a cash advance on one credit card to make the payment on another card.

11. I have to work over time just to meet my current financial obligations. 

12. I am unable to estimate how much I owe in installment debts.

13. I worry about money quite a bit.

14. I do not have a regular savings program.

15. I carry a balance from month to month on at least one credit card and keep hoping to pay it off completely one day.

16. Some months I do pretty well, and then other months I’m really caught off guard by unexpected expenses.

17. I live from paycheque to paycheque and would be in big trouble if I lost my job.

18. I’d love to be able to make charitable contributions, but forget it.  There’s just not enough money to go around.  I’m my own favorite charity.

19. If I made more money, I’d be just fine.

20. I’m in really big trouble.  Creditors are calling all the time and I just don’t know how long I’ll be able to juggle everything.  I’m really scared.

21. I feel mature and grown up when I use credit cards.

22. I use credit cards to buy things I would never purchase with cash.

23. I spend money because I expect my income to increase.

24. I have applied for more than five credit cards in the past year. 

25. My credit cards make me feel rich.

26. I like to collect cash from friends in restaurants, then charge the bill to my credit card.

27. I can’t imagine living without a credit card.

28. I have lied to my spouse or my creditors about making payments.

29. I worry every time the phone rings.

If you have answered yes to less than three questions, you are probably okay, but you could use some help in refining your money management skills.

If you have answered yes to three or more questions you are in need of money management counseling.

Don’t worry.  You are not a unique case.  Did you know that ninety percent of your friends and relatives know very little about managing their money?

Over fifty percent of Canadians save less than three percent of their salaries.

The average credit card debt is $1,200.00

If you truly want to work at changing you’re spending habits and freeing your self from the revolving door of permanent debt…We can help!