Can't teach an old dog new tricks...a lot of times bankrupcy is a product of poor financial management (though obviously there are other situations too). Give someone a ton of money and they're going to piss it away even faster unless they were able to learn how to handle and save after the first time around. I am not too surprised by this study.

e.g. instead of misusing $1000 on "oh I just want that pair of jeans", it is $150,000 on "Oh I have enough money, I just want that car", bigger stakes.

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TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth