Barbara Erenreich's book "Nickled and Dimed" [1] is a good illustration of how lack of cash forces the working poor to make economically sub-optimal choices. A

Barbara Erenreich's book "Nickled and Dimed" [1] is a good illustration of how lack of cash forces the working poor to make economically sub-optimal choices. An example will suffice: without the savings needed to put down a security deposit for an apartment, you are forced to leave in cheap motels (absent options like living with others or in a shelter), even though the monthly rate is higher. There's no kitchen in those motels and you may be working multiple jobs, which limits your ability to cook nutritious food and eat cheaply. And the cycle continues. Some of the stories in George Packer's "The Unwinding" [2] emphasize how narrow the margin of error is. Everyone makes poor choices from time to time; those with resources (financial & social) can weather them. [1] http://www.amazon.com/Nickel-Dimed-Not-Getting-America/dp/0312626681/ http://www.amazon.com/Nickel-Dimed-Not-Getting-America/dp/03... [2] http://www.amazon.com/Unwinding-Inner-History-New-America/dp/0374534608/ http://www.amazon.com/Unwinding-Inner-History-New-America/dp...