2 ms·
Interesting they seem to lump all poor and rich together. The poor people I personally know (relatives) are definitely there by bad choices. Perhaps there are
by readthenotes1 3y ago
Interesting they seem to lump all poor and rich together.
The poor people I personally know (relatives) are definitely there by bad choices.
Perhaps there are too many contexts to apply a simple answer to explain all?
- kjkjadksj 3y agoIt doesn’t help that financial education is nonexistent in this country, and the laws around investment advice make it so schools can’t really teach it. I took a budget class in college in effort to get more financially savvy, but they basically said they can’t really legally give advice for things like tax or investment or retirement planning, only really gave basic budget rules of thumbs that full time college students can’t really follow anyhow for lack of income. The rich kids on the other hand, just ask mom or dad what to do and they are well informed by their own family financial planner.
- christkv 3y agoIn every country
- foogazi 3y agoThere are people born today that are poor before they make their first choice
- readthenotes1 3y agoTrue, however, apparently the success sequence says that most poor people can rise out of poverty if they do 3 things in a right order
- onos 3y agoI have similar extended family. They are very entitled and lazy. When they are given things, they don’t take care of them and they basically go to shit. They aren’t mean spirited but somehow lack all drive to take care of themselves. Without our social safety net, they’d either live off of family or simply die. This is true on both sides of my family. Somehow my parents both are hard workers and have thrived, relatively speaking.
- bbwbsb 3y agoIf individual effort doesn't produce commensurate rewards people learn to minimize effort instead of maximize reward, though individual variation will exist. Isolated laziness is an individual foible, but wide-spread laziness is a market failure.