The affluent often blame poverty on bad budgeting skills, claiming the poor just need to be taught financial literacy. But working-class people require living wages and a functioning safety net, not condescending lectures about money management.
  • jtrek@startrek.website
    0·
    1 day ago

    The rich are famously bad at money. “It’s one banana Michael” resonates for reasons.

    Someone who’s low on money is going to look at the unit price of paper towels. A rich person probably isn’t going to think about it at all.