It's actually been disproven multiple times. There have been several studies that showed that giving poor people cash results in better results than financial l

It's actually been disproven multiple times. There have been several studies that showed that giving poor people cash results in better results than financial literacy education (I don't have the book in front of me, but R. Bergman gives several sources for this in Utopia for realists). The whole financial literacy education bit seems to just be a continuation of "poor people are poor because of laziness/bad education/bad decisions" while reality is more poor people are poor because of lack of funds.