that proves you can't buy the poor mentality out of these people. Its amazing little fact but so true.
2007-03-08 02:41:11 · 5 answers · asked by Anonymous in News & Events ➔ Current Events
That's interesting. It's probably because they are so addicted to gambling (i.e., playing the lottery, etc.) that they can't control their own money. I know many poor people who, when given large sums of money, are as frugal as ever. It stems from a fear that they could lose it all very quickly and end up where they were.
That's an unfortunate statistic, though.
2007-03-08 02:45:24 · answer #1 · answered by ? 3 · 1⤊ 0⤋
Yes, it's common knowledge. It's simply the result of poor money management (lack of financial knowledge) which is why they are poor in the first place.
Recommended reading: "Why We Want You to be Rich", by Donald Trump and Robert Kiyosaki.
BC
2007-03-08 10:51:36 · answer #2 · answered by Barkley C 2 · 1⤊ 0⤋
10 yrs of good luck is better than none at all.
God must of richly bless them poor folks.
Judge not.
2007-03-08 10:46:27 · answer #3 · answered by sunflare63 7 · 0⤊ 1⤋
it just the way it is
2007-03-08 10:50:01 · answer #4 · answered by charles h 4 · 0⤊ 0⤋
they have no experience investing their money wisely.
2007-03-08 21:19:49 · answer #5 · answered by Anonymous · 1⤊ 0⤋