A money/debt fool is someone who has some of the following characteristics:
- Lives paycheck-to-paycheck;
- Does not save for retirement;
- Does not have any emergency savings;
- Uses credit cards to pay for any emergencies;
- Has maxed out his/her credit cards;
- Does not want to or is afraid to open his monthly bills;
- Does not have a budget to which adheres;
- Owes more money than he/she earns;
- Continually lives beyond his/her means;
- Has creditors knocking on their doors or calling them;
- Has a low FICO score;
- Has dreams about being debt-free, but has no clue about how to accomplish this;
- Wonders each month where his/her money went;
- Ends-up with more debt than money at the end of the month;
- Has not saved for a home;
- Has not saved for their children(s)’ college education;
- Pays the minimum payments or nothing at all on their credit cards, loans, or other debt;
- Frequently gets payday loans to make ends meet.
Don’t be a money/debt fool. Get busy reversing these characteristics and be money/debt hero.