I’m a Financial Planning Expert: Here Are the 7 Most Common Reasons People Go Broke

By Heather Taylor

What puts people in a situation where they go broke? Sometimes the answer to this question is a lack of proper financial management, like poor budgeting or not tracking expenses. Other circumstances can make going broke beyond one’s control, like a major medical bill. Many external factors can put people in a place of unexpected financial hardship and even lead to bankruptcy. Read more

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Sechrist Financial are not affiliated.

Cambridge’s Form CRS (Customer Relationship Summary)

This communication is strictly intended for individuals residing in the states of AZ, CT, FL, IN, ME, MA, MS, NH, NJ, TX, VA, and WA. No offers may be made or accepted from any resident outside the specific states referenced.

The information being provided is strictly as a courtesy. When you link to any of these websites provided herein, Sechrist Financial makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information, and programs made available through this site.

Sechrist Financial