Yes, absolutely just look at college education. You need quality not quantity education now. Meaning expensive summer camps, private school, prep school, and elite/ivy league college degree. Read Tom Nicholas Death of Expertise , watch Waiting for Superman and this Adam's Ruin everything to see quality education matters. https://www.youtube.com/watch?v=ETR9qrVS17g

by Anonymous 11 months ago

Yes, the original poster is correct. Take motels versus apartments. You gotta pay more if you don't have the money to pay first, last month's rent, and a security deposit. You gotta be rich to be poor. " A lot of poor people don't have regular bank accounts, much less ATM cards, and so when they do get checks, they have to go to check cashing service which typically charge very high rates. You know, you could go in with a check for $100 and have to pay a $10 check cashing fee and that's a very expensive process. Whereas, typically the middle-class has bank accounts, ATM cards, debit cards and easy access to that kind of retail credit." https://www.npr.org/templates/story/story.php?storyId=104337079

by Anonymous 11 months ago

Billionaires start at 3rd base and think they are amazing "self made". Yet, the deck is against people who are poor. https://en.wikipedia.org/wiki/Cost_of_poverty One example is in health/money of tankless heaters. Tankless heaters cost more to start, but last longer, less maintenance meaning less opportunity cost you could be doing other tasks than maintaining your water heater, use less natural gas which saves on bills, and health. https://www.energy.gov/energysaver/tankless-or-demand-type-water-heaters If you can't afford a washer and drier you pay more in both time and money at the laundry mat.

by Anonymous 9 months ago