You look in the couch cushion for a down payment

Anything at your workplace is deep fried

You know any bill collector on a first name basis

Your car payment is more than 30% of your take home pay

You are on a payment plan at the local payday loan office

Your credit card minimum payment is more than 15% of your take home pay

You don’t know what “interest rate” means

You’ve never heard of a “fixed rate” mortgage

You can’t keep the $100 minimum in your checking account

You’ve been late paying the rent more than once this year

You think negative amortization is a good thing

You change jobs more than twice a year

You seek investment advice from the payday loan clerk

The current check number in your checkbook is 6

You have paid one credit card payment with a cash advance from another

You have more than $5000 on your credit cards

You cash your checks at a check cashing branch

Your bank account is in your ex-girlfriend’s brothers name

 

From: broknowrchlatr

You are not able to save money each month while renting

You have declared bankrupcy in the last 3 years – obviously you need to learn how to manage money

You have less than 5% to put down – PMI is terrible and 80/20 loans are risky (for most)

Your savings ratio matches the national average

 

From SavvySaver

You had to have a co-signer on your car loan

You have had anything repossessed in the last three years

You think leasing furniture and/or electronics is a good idea

You aren’t contributing enough to your 401(k) to get the full company match 

And I know you’ve got a few.  Let’s see how long we can make the list!  Leave them in the comments and I’ll add them in!