I contend the reverse is more often the case: bad [personal] business policy is a primary (though not exclusive) cause of poverty. The smarter you are with money, the easier it is to acquire more of it; likewise the reverse.
Pretty much everyone understands the primary principle: spending > revenue has, on the whole, obvious results. Rectify that. Yes, you can...you must.
> I contend the reverse is more often the case: bad [personal] business policy is a primary (though not exclusive) cause of poverty.
Yes, I agree actually -- I was being a bit ironic in my original post. There's plenty of personal responsibility in poverty, at least in Western, democratic countries. People could take a number of constructive steps to better themselves, like shred their credit cards, don't fall for some of the more obvious economic traps like borrowing money for unnecessary possessions, thinks like that.
And I also completely agree with your other point -- that understanding how money works is critical.
I contend the reverse is more often the case: bad [personal] business policy is a primary (though not exclusive) cause of poverty. The smarter you are with money, the easier it is to acquire more of it; likewise the reverse.
Pretty much everyone understands the primary principle: spending > revenue has, on the whole, obvious results. Rectify that. Yes, you can...you must.