The LA Times has a thought-provoking piece on how Americans are getting themselves more and more into debt. Not only that, once they're in debt they are languishing there longer before they cry for help. (And, we all know that they longer you wait to ask for help the worse off you'll be.) Given that, it should be no surprise that bankruptcy filings have more than doubled since 2006.
Think that person could never be you? We hope not—and if you follow all the LearnVest rules it most definitely won't be—but read on for warning signs that you may be overlooking.
How Close Are You To The Financial Edge? Take This Quiz. [Los Angeles Times]