What is a common sign that someone may need debt counseling?

Consistently making minimum payments on debts is a significant indicator that an individual may need debt counseling. When a person is only able to make minimum payments, it often suggests that they are struggling to manage their overall debt levels and may be living paycheck to paycheck. This situation can lead to a cycle of accumulating interest and extending the time it takes to pay off the debt, which can be a source of financial stress. Debt counseling can provide strategies and support to help individuals manage their debts more effectively and work towards financial stability.

On the other hand, receiving many promotional credit offers might indicate a positive credit score or active credit behavior, but it doesn't necessarily mean that the person is in financial distress or in need of counseling. Having a high income without any expenses is unrealistic in the context of debt management, as most individuals encounter necessary living expenses. Lastly, being a successful investor usually implies a strong financial management ability and does not indicate a need for debt counseling.