1. You’re living paycheck to paycheck. If you’re spending every dollar you take home, you are, by definition, broke. More than 75% of Americans are living paycheck to paycheck (with little to no savings), which means that, right off the bat, at least three-quarters of us are impecunious.
2. You have credit-card debt. There’s no such thing as “good” debt. The debtor is always slave to the lender.
3. You have student-loan debt. Read our lips: THERE’S NO SUCH THING AS “GOOD” DEBT, DAMMIT!
4. You have a monthly car payment. Ahem.