> At least here in the US, money problems are (mostly) a money-management problem. There is a money-management problem in the US, but it crosses class lines an

> At least here in the US, money problems are (mostly) a money-management problem. There is a money-management problem in the US, but it crosses class lines and is a different problem than addressing/ameliorating poverty. Financial literacy would do a lot of good for a lot of people, but money management advice/lessons don't address the needs of those without money, regardless of whether they grok the message. My experience with poverty in the US, both first- and second-hand, is that the money problems are mostly a money-deficit problem. Being poor is expensive in many ways: financially[0], emotionally[1], intellectually[2]... and poverty closes doors in ways many don't realize[3]. [0] http://www.economist.com/news/united-states/21663262-why-low-income-americans-often-have-pay-more-its-expensive-be-poor http://www.economist.com/news/united-states/21663262-why-low... [1] https://newrepublic.com/article/122887/poor-people-dont-have-less-self-control https://newrepublic.com/article/122887/poor-people-dont-have... [2] http://science.sciencemag.org/content/341/6149/976 http://science.sciencemag.org/content/341/6149/976 [3] http://tressiemc.com/2013/10/29/the-logic-of-stupid-poor-people/ http://tressiemc.com/2013/10/29/the-logic-of-stupid-poor-peo...