Money Talk Matters

As I was watching CNN today catching up on the news, it shared that 60% of people that filed bankruptcy did so because of medical bills. What I found interesting was most of these people had medical insurance, it was the co-pays that added up over time.

This story says to me these people circumstances got to be unmanageable and felt this was their only option. Bankruptcy should be seen an alternative solution for those with unmanageable debt but not used as a scapegoat for overspending.