A lot of us are in denial about whether we have a problem with debt and credit management. If you’re making your payments on time or if you have a reasonably high income, you might not realize you are in a "danger zone" in terms of your debts and bills. But don’t be fooled.
You have too much debt or are mismanaging your credit if any of the following 12 warning signs described in this video apply to you. Want to know what's included in the "Dirty Dozen" of the "Debt Danger Zone"? Watch and find out now!
Lynnette Khalfani-Cox,The Money Coach®, is a personal finance expert, television and radio personality, and the author of numerous books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. Lynnette once had $100,000 in credit card debt, before paying it all off in three years and turning her financial life around.
Since then, she has appeared on such national TV programs as The Oprah Winfrey Show, Steve Harvey, The Today Show, Dr. Phil, The Dr. Oz Show, The Talk and Good Morning America sharing her success story and teaching millions about proper money management, including managing credit and debt wisely.
Lynnette, an award-winning financial news journalist and former Wall Street Journal reporter for CNBC, has also been featured in top newspapers including the Washington Post, USA Today, and the New York Times, as well as magazines ranging from Essence and Redbook to Forbes and U.S. News & World Report.
Lynnette is a money expert for AARP. She can frequently be seen as a guest commentator on CNN, FOX Business Network and MSNBC.
When she's not acting like a Tiger Mom, and staying on top of her 3 kids' grades, Lynnette can be found taking a much-needed travel break on a warm beach with her amazing husband, and business partner, Earl Cox.