No. of Recommendations: 9
Another soap-box I regularly climb upon is this: It is very expensive to be poor.
Poor people have to drive crappy cars because they can't afford a new/good car. The crappy car breaks down all the time and they have to throw hundred of dollars--which they don't have--into repairs.


At least a part of this is that bad *behavior* drives costly decisions that make and keep people from saving money. That is, dumb decisions make and keep you poor. Examples:
-Have to take a payday loan because of spending cash-on-hand on tattoos and 2-pack a day cigarette habit,
-Traded reliable truck (which was "paid off" mainly because it was a gift) for flashier car which had tons of fundamental things wrong with it,
-Sister of above also received a (used) car as a gift...then wrecked it before getting around to buying insurance,
-Had a child with live-in boyfriend who doesn't have a full time job so there are no benefits to be had between them,
-Too busy to cook, so every lunch and supper are fast food (or more expensive restaurant)...also too busy to sit down and decide how much they spend on restaurants,
-Buy the most expensive phone on an exorbitant plan because the salesman said it would "build up her credit rating,"
-Spend all money obtained on combination of crack/meth/who-knows-what-else.

The reason I happen to know about any of those is because of relatives or friends were supporting or trying to help someone, and the money just went right through their fingers rather than acting as a "step up" to get off the money-losing treadmill. Did you ever read about the many people who win a lottery and then are worse off a few years down the road? They got the money, but didn't have the behaviors that lead to growth and improvement, but to p!$$ away every dollar they have (and then some, if loans are available).
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