Top 5 Reasons People Go Bankrupt And How to Avoid It

Many people struggle with managing their money. Sometimes, there just isn’t enough to go around. In fact, over 900,000 Americans filed for bankruptcy in 2014. You might think that those who file for bankruptcy are irresponsible spenders. That’s certainly some , but in reality many people are not excessive over-spenders. They’re simply unable to respond to unfortunate events.According to a 2010 study, the top 5 reasons why people file for bankruptcy are:Medical expenses (42{0e584ec94eaa64d073763ee1dc286a1f4d0f941424b1448bbfd01af7d90f9475})Job loss …