This is an excellent post. I've been poor and I've been middle-class and frugal, and I agree with you, the two are worlds apart. When you're living frugally, you generally reap some benefits, like savings, and all the emotional security and options that savings provide. Poverty has no benefits, no buffer zone. I still remember the stress I felt over my child's growth spurt, because I had no money for new shoes or clothing for him (not even second-hand). It was scary living in poverty.
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Excellent post
Submitted by zoom on July 20, 2007 - 09:06.
This is an excellent post. I've been poor and I've been middle-class and frugal, and I agree with you, the two are worlds apart. When you're living frugally, you generally reap some benefits, like savings, and all the emotional security and options that savings provide. Poverty has no benefits, no buffer zone. I still remember the stress I felt over my child's growth spurt, because I had no money for new shoes or clothing for him (not even second-hand). It was scary living in poverty.