Poor people don’t make bad decisions because they are poor. They are poor because they make bad decisions.
Poverty has nothing to do with your bank account. Poverty is in the mind. The poor can not and will not put off pleasures of today for a gain tomorrow. The poor what instant gratification—in things—Sneakers, Big Screen TV, etc...They believe, falsely, that such things will give them happyness—and they do for a short time— until the newness wears off. They seek the now—not the future. Most of the poor can not think more than three days into the future. I know—I have been poor and have friends and family who are.