Tag Archives: Family Budget

People Who Are Bad At Money Don’t Have Money

Poverty in the United States is a problem.  When folks are poor they are less healthy, receive less education and are more likely to raise children who are poor themselves.  And there are a lot of noble efforts to curb poverty in the US.  Much of that effort is, of course, centered on taking money from people who have it and giving it to other people who don’t.

There are schools of thought that say, “The wealthy are able to give their children unfair advantages.  We need to remedy this unfairness by proxy; giving money to the children of the poor.”

Not surprisingly, I don’t agree with this.

Continue reading