Poor people with new access to money don’t have decades of surplus. It takes a long time to pay off lingering debts from when you were poor, get medical treatment for issues you were neglecting, save an emergency fund, and then start investing. It’s a year’s long process to go from poor to well-off, even after you secure a high income. The only time it’s immediate is with a sudden windfall, where you get millions all at once.
Poor people with new access to money aren’t very smart with it, shocker.
Unsympathetic people who don’t realize how expensive it is to be poor make ignorant statements, shocker.
Poor people with new access to money don’t have decades of surplus. It takes a long time to pay off lingering debts from when you were poor, get medical treatment for issues you were neglecting, save an emergency fund, and then start investing. It’s a year’s long process to go from poor to well-off, even after you secure a high income. The only time it’s immediate is with a sudden windfall, where you get millions all at once.