Only sith deal in absolutes. Objectively the poor have money to manage, there is not likely to be a single person in the US that doesn't have money of some kind. Start an llc to avoid taxes, take on long term low interest debt to build credit and acquire wealth, don't have a kid out of wedlock. There are a variety of tips and tricks that almost anyone can engage in. I know a lot of rich people, and I know a lot of poor people, its a product of marrying someone born to a different economic class; the rich are always talking about how they are rotating their investments and ways they are finding to save money, the poor have their second baby (dad in jail) wearing the newest jordans. There is no comparison.
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Doubtful. More likely they can simply afford to have people who ARE better with money management manage their money.
The poor, they don't have any money to manage. Stop assuming they're shit at it. If anything they have to be a damn sight more clever about it.
Only sith deal in absolutes. Objectively the poor have money to manage, there is not likely to be a single person in the US that doesn't have money of some kind. Start an llc to avoid taxes, take on long term low interest debt to build credit and acquire wealth, don't have a kid out of wedlock. There are a variety of tips and tricks that almost anyone can engage in. I know a lot of rich people, and I know a lot of poor people, its a product of marrying someone born to a different economic class; the rich are always talking about how they are rotating their investments and ways they are finding to save money, the poor have their second baby (dad in jail) wearing the newest jordans. There is no comparison.