Reply to Why is "money management" always brought up and used against the poor?

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[quote=Anonymous]There is certainly an element of this though.  Both rich and poor people- if you don't have any money despite working full time, you have to be mismanaging somewhere.  If you are seriously not making enough due to a low wage position, that's what welfare is for.  If you are just above the welfare threshold, but still not making ends meet I can see how that would be hard-- but still, you should technically be able to afford your COL (this is assuming that gov does their job as far as figuring out when people can get basic needs on their own... I doubt they're good at that, but I'm saying there has to be a cut off point and it sucks when you're right past that point of no longer being eligible for help.)

But it does drive me crazy to see people complaining about not having money while they text on their new iPhone, smoke cigarettes, etc.  Totally agree with PP who said that these communities tend to have a culture that perpetuates these problems.  It's sad, but if parents/family don't recognize the importance of trying for more and pushing their kids to do that by modeling achieving their own goals and making sacrifices how could you possibly expect a 16 year old to?

An example of poor people just being bad at managing money- lottery winners.  People who suddenly gain wealth often mismanage it and end up broke anyway.  This is obviously an extreme example, but it exists.

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