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You can leverage debt as an individual as well. We often shame people for bankruptcies when we shouldn't. Businesses fail all the time and go bankrupt -- runnin
by ahallock 3y ago
You can leverage debt as an individual as well. We often shame people for bankruptcies when we shouldn't. Businesses fail all the time and go bankrupt -- running a household is similar and can fail.
- HideousKojima 3y agoBarring difficult to foresee circumstances like an expensive medical procedure, a debilitating injury/illness, or a devastating lawsuit, most of the circumstances that lead to a household going bankrupt are directly attributable to mismanagement.