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>False theories of poverty spread by people like yourself are the reason more people don't get the right advice to get out. What exactly is your theory of pove
by elhudy 6y ago
>False theories of poverty spread by people like yourself are the reason more people don't get the right advice to get out.
What exactly is your theory of poverty, if you don't mind me asking? That impoverished folk should be better at saving, and then they wouldn't be impoverished?
- schrodinger 6y agoLet’s agree that both forms exist. There are definitely people with very little financial literacy living paycheck to paycheck, in constant fear of an unexpected cost, that could have adjusted their lifestyle to save a small amount over time into a meaningful nest egg. There are also people who just make less money than even a spartan life costs. It’s ignorant to assume that all poverty is the result of poor decisions and an unwillingness to save, but equally ignorant to pretend that doesn’t exist at all.