Ask yourself the following questions:
1. Do you spend money on the assumption that your income will rise?
2. Do you fail to keep an accurate record of your purchases?
3. Do you hide your purchases from your family?
4. Do you often fail to pay your monthly bills on time?
5. Do you own more than five credit cards?
6. Does having several credit cards make you feel richer?
7. Do you spend more than 20 percent of your income on credit card bills?
8. Do you tend to make only the minimum payment on your credit card bills?
9. Do you take cash advances on one credit card to pay the balance on another?
10. Do you often pay for groceries with a credit card?
11. When you eat in a restaurant, do you collect cash from friends and then pay the bill with your credit card?
12. Do you have trouble imagining how you would survive without credit?
If you answered yes to 4 or fewer questions, you're probably not an overspender.
If you answered yes to 5-8 questions, it's tme to pay off your debts and folow a strict budget.
If you answered yes to 9 or more questions, consult a credit counselor or financial planner for help in changing your spending habits.
(Note: Test done for American audience. Paano kaya ang Pinoy version nito?)