Debt rarely accumulates overnight or accidentally. It is often the result of certain spending habits developed throughout the course of one's life. Here are some habits you should begin to recognize to avoid debt compilation; if you notice them, it may be time to pursue professional debt help.

3 Spending Habits That Create Debt

1. Spending More Than You Earn

It's no secret that it costs money to live. From rent or mortgage payments to groceries, there is a seemingly endless number of day-to-day expenses that eat away at your income. Spending beyond these necessities when you simply don't have the money to do so is one of the easiest ways to accumulate debt. A good budgeting rule to remember is the 50/20/30 rule. Spend 50 percent of your income on essential expenses, 30 percent on nonessentials, and put 20 percent in savings.

2. Charging Everyday Purchases

If you have money in your checking account, use it to make everyday purchases, like groceries and gas. Try to avoid charging daily expenses on credit cards, as many people find it easier to put off paying for items that they've already consumed. But, you'll have to pay for charged items eventually; when you do, there will be added interest and fees on top of the original cost. Additional charges can spiral out of control and require professional debt help.

3.  Paying Bills Automatically

Autopay can be convenient and ensure on-time payments every month, but it presents potential problems if you're living paycheck to paycheck. Bills automatically deducted from your bank account could take the last penny out of the account—and then some—resulting in an overdraft. Then, you'll be saddled with exorbitant overdraft fees and return-payment penalties.

If you need debt help, trust the Law Office of James B. Mallory III. With nearly three decades of experience, Attorney Mallory serves clients throughout the Iredell County, NC, area. He represents Chapter 7 and Chapter 13 bankruptcy clients and can help stop foreclosures, repossessions, and judgments. Explore your debt help options by calling his office today at (704) 872-1911 or visiting his website.