I was raised in a family of four with an anual income around $14,000 a year. Today, I'm an engineer with a base salary in the six figures. I can tell you first hand, wealth gives you not just the ability to do more but the ability to make the money you do have go further.
It's not the $4,000 sofas that strain poor people to the financial limit. It's the hot water heater you have to put on a credit card instead of paying cash. It's the groceries you pay twice as much for because you can't afford them in bulk. It's the overdraft fees that make a $100 mistake into a $500 one. It's the nickle and dime medical bills because you can't afford to address the root cause of an affliction.
I was raised in a family of four with an anual income around $14,000 a year. Today, I'm an engineer with a base salary in the six figures. I can tell you first hand, wealth gives you not just the ability to do more but the ability to make the money you do have go further.
It's not the $4,000 sofas that strain poor people to the financial limit. It's the hot water heater you have to put on a credit card instead of paying cash. It's the groceries you pay twice as much for because you can't afford them in bulk. It's the overdraft fees that make a $100 mistake into a $500 one. It's the nickle and dime medical bills because you can't afford to address the root cause of an affliction.