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?
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?
This is true on both sides of my family. Somehow my parents both are hard workers and have thrived, relatively speaking.
Isolated laziness is an individual foible, but wide-spread laziness is a market failure.
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.