Reply to Why is it hard for some privileged people to realize that saving is hard?

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[quote=Anonymous][quote=Anonymous]I love how the main reason for poverty is "poor life choices." As if people of means don't make terrible choices. The difference is the results. Put trust-fund son into fancy rehab + get attorney if he gets caught overdosing vs. locked up for long sentence, with no rehab assistance. Or "get pregnant in high school = sneaky abortion (kids at my high school went to "europe" for a week, back in the day) vs. have kid in high school. Etc. etc. Everyone makes poor choices at some point - it's what support is already around them that makes for a very different result. [/quote]

I knew growing up that my parent's lack of resources meant that I didn't have any margin for error.  The fact that others did have a cushion didn't change that for me or give me an excuse to screw up.  Also, I don't know anyone, no matter how wealthy, who consistently made bad choices who is successful (unless their last name is Kennedy).  They may not be living on the streets, if their parents had enough money, but they are still living a marginal life, and many died young.  [/quote]

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