QCQ on Nostr: 11 ways to go broke: 1. Not having insurance. 2. Taking on too much debt. 3. ...

11 ways to go broke:

1. Not having insurance.
2. Taking on too much debt.
3. Impulsive spending habits.
4. Not setting financial goals.
5. Marrying the wrong person.
6. Having no emergency fund.
7. Spending more than you earn.
8. Leasing new cars every 3 years.
9. Not understanding how money works.
10. Depending on only one income stream.
11. Buying material things to impress others.

Avoid as many of these as possible.