Category Archives: Poverty

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Don’t Lie To Poor Kids About Why They’re Poor

Don’t Lie To Poor Kids About Why They’re Poor
Above Photo: Shutterstock Those at the bottom — and the top — deserve to know why their experiences are so different. Work hard and you’ll get ahead — that’s the mantra driven into young people across the country. But what happens when children born into poverty run face first into the crushing reality that the society they live in really isn’t that fair at all? As new research shows, they break down. A just released study published in the ... Read more

Almost Half Of Americans Die Nearly Broke

Almost Half Of Americans Die Nearly Broke
Above Photo: Popular Resistance, Revolution, Rebellion, Capitalism Americans aren’t known for being great savers. In a recent GoBankingRates study, 69% of adults admitted to having less than $1,000 in the bank, while 34% said they actually don’t have any savings at all. But apparently, this collective lack of savings doesn’t get all that much better with age. A study by the National Bureau of Economic Research found not so long ago that ... Read more