Sadly, and i know this does not apply to all at the lower end of the income scale, you would be shocked at how some people spend the money they do get. Just get into the home rental business and you will see a world that really needs some fixing.
I am still a believer in that you can move up in society but schools fail to teach people to prioritize their expenditures and to separate needs from desires. It is much easier to stay poor than to stay rich.
I am not sure of the European mindset but I do find a lot of new generations never seem to let go of the need to have the latest stuff. I have relatives in the 75+ range and even they are the stereotype of age, even the stove is older than the kids. Yet the younger generations have bought into an ever in debt lifestyle mostly because they never lived through a real depression or war.
I am still a believer in that you can move up in society but schools fail to teach people to prioritize their expenditures and to separate needs from desires. It is much easier to stay poor than to stay rich.
I am not sure of the European mindset but I do find a lot of new generations never seem to let go of the need to have the latest stuff. I have relatives in the 75+ range and even they are the stereotype of age, even the stove is older than the kids. Yet the younger generations have bought into an ever in debt lifestyle mostly because they never lived through a real depression or war.