3 ways to tell if your cash flow needs help

Are you seeing any of these telltale signs that you may be heading for a cash flow crunch?

1. You often find yourself overdrawn or approaching a zero balance by payday.
2. You pay only the minimum balance on all your credit cards and loans.
3. You frequently use one credit card or loan/credit line to pay off another.

If any of the above apply to you, it may be time to revisit your budget and trim spending. You may also want to consider getting Overdraft Protection. It provides a "safety net" of a predetermined amount, in case you experience a shortfall of funds. Overdraft protection can help you avoid fees for NSF (non-sufficient funds) cheques and declined transactions.

Use the Cash Flow Calculator to track your cash flow and see whether it is positive or negative.

Avoid a cash flow crunch by watching for these tell-tale signs.