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Old 06-19-2009, 08:13 PM
wnlbutterfly wnlbutterfly is offline
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I came from a poor family, dirt poor. Never felt poor (at least not growing up). Was poor for quite a few years in my young adult life (married going through college with kids....not a good idea, but we made it).

Why do they get trapped? I would say you live what you know. It can be hard to break out of the cycle.

In the article they discussed working poor at the end, a woman making $15 an hour, but having problems because rent is so high, saying a 2-bedroom apt would be $1,400. She needs to MOVE to a lower-cost of living. She is a nurse and she could literally move anywhere in the states and get a good job, and be buying a house for less than that rent payment. But I assume if you mentioned that, she would say she had friends and family there and moving that far away wouldn't cross her mind.

I have family that live in So. CA, the cost of living is extremely high, they all live together (many different family units together) to pool their money to make the rent. All they see when they think about moving here is how low the wages are, but forgetting that the cost of living is also low.
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Old 06-20-2009, 01:34 AM
RedThunderBird RedThunderBird is offline
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Money Education ! would be an important step
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