According to the U.S. Department of the Treasury, many signs that help evaluate the health of a financial institution are relevant to individuals as well. Among these warning signs are failure to file taxes and other financial statements in a timely fashion; slowing or decrease in one’s income over time; deterioration of our available cash; decline in our assets as percentage of our total assets (e.g., the value of our principal residence and its equity declines); our debt increases; and keeping poor financial records (not knowing our current financial situation).