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[quote=Anonymous][quote=Anonymous]Oh and btw, I grew up around a lot of poor people and I am sorry, I know people think the truth is ugly, but the poor make a lot of stupid choices in life that keep them poor. Examples: Spending your windfall $400 (so, all the "extra money you have) on a tattoo (I was on a mom's group on FB and this was the consensus as to how this one mom should spend the $400 she suddenly has). "Save it" came up a few times but was a very small minority. So how do you build up any kind of wealth with thinking like that? These are the people at the very bottom. [/quote] You are right that a lot of low income people make poor financial decisons. But the environment in which they grew up in plays a significant time in this. When a lot harder to learn proper money management when nobody in your family has ever had money to manage. [/quote]
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