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Reply to "Why is it hard for some privileged people to realize that saving is hard? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Only 2 percent of those who follow these three rules are in poverty: 1) Finish high school (at a minimum) 2) Get a full-time job 3) No marriage or children before age 21 https://www.brookings.edu/opinions/three-simple-rules-poor-teens-should-follow-to-join-the-middle-class/[/quote] Wow, I like this statistic[/quote] I have read this before and it speaks volumes. [b]It’s not that hard[/b] - finish high school, get a job, and don’t get married or pregnant too young. Most middle class teenagers know this without being explicitly told. How do we impart it to everyone else?[/quote] There should be an advertising campaign to mount this message on subways and buses.[/quote] OK, that's your perspective. There are teenagers for whom that first one is very hard, either because they've been promoted along by failing schools with no family support, or because they have to work to support their household, or or or. And #2, well, how's the job market for someone with a HS degree and no additional trade school/apprentice time? There are mythical tech manufacturing unicorns out there that will pay for your training, sure, but you have to have the wherewithal to move yourself to Bumf**k, wherever (on what savings?!) to train and then eventually start working for real money. #3, as PPs have pointed out - we have a real class disparity in terms of access to health care, comprehensive sex ed, and abortion. This is a lovely 3-point principle that seems to work, given the statistics. But to imply it's "easy" for everyone to follow is false.[/quote]
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