1. This is the thing most likely to cause you financial ruin — but few prepare for it

    This is the thing most likely to cause you financial ruin — but few prepare for it

    More than two in three bankruptcies are caused by medical problems, either from bills, income loss due to illness, or both, according to new data in the American Journal of Public Health from more than 900 Americans who filed for personal bankruptcy between 2013 and 2016. Other surveys come to a similar conclusion, noting that medical issues are the No. 1 cause of bankruptcies https://www.cnbc.com/id/100840148.

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    1. Unless you're Bill Gates, you're just one serious illness away from bankruptcy.
    2. It comes down to human nature -- a combination of being focused on other things that seem more urgent, and flat out being in denial that something will happen to them.
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