Why are so many people broke?

[Anonymous]

why are so many people broke? It seem like most people I know are broke? My dad and mom seem broke?

Why do so many people not have the money they need for things?

why do so many thing cost a lot now day?

Sometime I think I am rich or have nice thing in my head then remember I am broke too. I not sure if I doing ok are not. but cars and homes and school and baby all cost a lot.

I want all those things. I try be good with my money. I not so good with my job. Are most American broke?

are people in the rest of the world broke? Are you broke?

Sometime I think I be ok if I just work but I not sure. Also a girl I know work a lot but she dose not have money for thing like a car. bit many she have to many bill ore she buying other wrong thing. maybe she can not have a car or she just want someone to give her one.

[Anonymous]

No, I'm not broke. Part of the problem with austerity is people, especially young people, entering the work force and living above their means. They want the things their parents saved 3-4 decades to have, and they want to have it NOW.

[DeeDeeDeVour]

a. Lack of formal education.

b. Terrible local economy.

c. Lack of valuable knowledge to manage their finances wisely.

d. Lack of helpful, supportive people in their lives.

[Adam1978]

No I am not broke and haven't been for a very long time. I am not in any risk of becoming broke in any near time unless there a complete society collapse.

[In_Trance]

Simple

[Anonymous]

It is no surprise in America. They can't even pay most people a normal living wage.

[Anonymous]

Biden