lol. I am married with a son and am not broke. It requires alot of discipline. I know alot of people who did a bad stock trade and lost thousands. Budgeting is tough.
The biggest and most common way people go broke that I hear about is through medical emergencies.
Yeah, I said I was serious, but I was probably mostly joking. I can see medical emergencies being a big one. I think student loans are another one that tend to put people in a pretty bad position. Any sudden major expenditure that you don't have money set aside for can put you in a bad position...