My experience with poor people is that most lack the skills to view money as a tool to build something. They can only think in terms of its immediate usage to buy personal bodily needs. They do not think in terms of using it towards the next step of building something.
Yours is a thoughtful observation. Cheers!
That’s why you see a person being killed for the $30 in their billfold. And, the killer isn’t using that money to stock their child’s college fund.
Poor people have no big picture view of life. They live for today.
experience with poor people is that most lack the skills to view money as a tool to build something.
BINGO, and not only poor people. I recall the Obama Administration paying 10 times the usual cost to build the health care website that very few visited. They think business is easy “build it and they will come”. It is not.
Then, when a poor person comes into some money (inheritance, insurance payout, lottery, whatever) they immediately spend it on:
1)A brand new car
2)Latest most expensive cellphone
3)Big-screen TV
4)other crap/”bling”
They won’t use it to pay off their debts, which would improve their 400 credit score.
While I agree in theory, in reality if you have little money and mouths to feed and shelter to secure you don’t have a lot of time to think about building things. You’re in survival mode. If, on the other hand, you’re spending your meager excess on smokes, dope, alcohol or shiny things then I agree wholeheartedly with your contention.
We used to have a term for that when I was young, but it uses a derogatory term not allowed to be uttered in polite society.
You must know my daughter.