Not the guy you replied too, but I don't think he was implying that poor people are stupid. It's more like people who work for their money and earn it step-by-s

Not the guy you replied too, but I don't think he was implying that poor people are stupid. It's more like people who work for their money and earn it step-by-step are better suited to manage and grow it further. Earning money gradually gives you leeway to slowly adjust your lifestyle to your upgraded monetary status. I'm not sure this is a sound analogy, but imagine someone picking up cigarettes for the first time and building up tolerance over time as they go from one cig a day to two, three, four and so on. Now, compare that to someone suddenly smoking 10 cigs per day. The latter person is more likely to get wrecked from the side effects. Edit: I checked your profile and saw that you're the co-founder of Industry Dive, damn. I love your newsletters and websites!...especially Payments and Banking Dive.