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Thursday, April 23, 2015

It's expensive to be poor

http://money.cnn.com/2015/04/23/news/economy/poor-spending/index.html?


In America, poor people spent far more money than earn. Approve CNN that

Low-income Americans are spending far more than they earn, forcing many to dip into savings, lean on family or go into debt.Those in the bottom 30% of the income scale make an average of $14,000 a year, including the value of many government benefits like food stamps or disability payments. But they spend more than $25,000, or 182%, of their annual income mostly on basic needs like housing, food and transportation, according to a CNN Money analysis of Bureau of Labor Statistics data. So 182% who spending money are poor, 89% are middle class, and 61% are rich. In this case is expensive to be poor. At general poor people can stay poor and rich can grow up. At this time it's difficult to became rich.Any poor people dream to became rich.Then rich can expert to became more rich.That is the part of life. Any poor still working hard and be smart. Then he can realize him dream.

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