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Money and Finances
Reply to "Why is "money management" always brought up and used against the poor? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Some poor people are poor money managers. But some poor people just don't have enough money to really manage it, period. If you are literally down to your last $5 every month, I don't really expect you to save it. [/quote] Not to mention, being poor can be expensive. For example, you can't afford to buy the high-quality thing that costs more, so you buy the cheaper things but have to replace them more often, so it's more expensive in the long-term. You buy a cheaper car that requires more repairs or gets worse gas mileage. And often getting things really cheap requires more time, which is also something that is often in short supply. [/quote] This. I read an article about how much cheaper things are for people with more $. Comparing what diapers cost at a B&M store or a convenience store compared to Amazon. Availability of stores and the prices generally charged. I have told my Latina sitter that she should not shop any place that exclusively caters to one ethnic group. Especially if the owner isn't from that group. Chances are it's part of the problem.[/quote]
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