Is it true that poor people misbehave when huge money enters their life?

[Kross]

For some people, as they are able to have huge money in their lives, they become uneasy. They would start going on a spending spree to get to enjoy what they were never able to afford before the money came in.

Some people argue that it is the poor people that are prone to exhibit this kind of behavior. Is that true?

 

[Kera]

Poor people have not seen huge money before. And would most likely be wasteful with it when it comes into their life.

 

[Augusta]

it is not about being poor or rich but the character of the person. Someone can be rich but still misbehaves with too much money

 

[King Belieal]

Most rich people are very used to having money in their lives. They most likely won't misbehave. It is poor people that suddenly become rich that would likely misbehave.

 

[eLdavis]

Not all, though most of them tend to misbehave because they get carried away when they meet some large amount of money.

 

[Springtime]

I that that depends on the character of the person, regardless of whether s(he) is rich or poor.

 

[Augusta]

Not all, though most of them tend to misbehave because they get carried away when they meet some large amount of money.

That's right they get carried away when they see money and begins to do the wrong things and sometimes even neglect their families

 

[pousinha]

Unfortunately, it often happens because poverty often goes hand in hand with lack of education (including financial education). In my geographic area, poor people can't see any money as they quickly spend all they have in few seconds.

 

[Fidelia]

Poor people only know how to spend. They have not known much about investing. And that is why they just keep spending till the money finishes.

 

[pousinha]

The worst is (at least, in my geographic area, but I came to know that things have worsened in my former country also) they spend on stupid things as parties that cost the same of an entire university degree, shopping malls located in another city (so they also spend on fuel and maybe parking), luxury cars only to impress other people...

 

[Kross]

Poor people that won lottery in my city, some of them have gone back to being broke because of no financial education.

 

[freelancermaria]

It depends on the individual. Some underprivileged people value money and do not waste it when they finally have some.

 

[Augusta]

it might just be about poor people. it's just that people of small minds do this all the time. They allow money to control them

 

[Kross]

I might agree with the small mindedness of people. That small mindedness is because they are poor though.

it might just be about poor people. it's just that people of small minds do this all the time. They allow money to control them

 

[Patty]

Some poor people might just be having too much financial problems to sort out and that is why it seems like they mismanage big money they have vv

 

[Augusta]

Just like when people gets drunk with power. people can also get drunk with money. it is to avoid this

 

[pousinha]

When they spend huge money for parties (even small money, if they have just received a salary), it's not the best thing to do. They should save and invest that money for their future, but average people in my country live as if there were no tomorrow.

 

[Nomad]

It is true that people never have had big money do not actually know how to handle money when they get access to money

 

[Tray59]

It is true that people never have had big money do not actually know how to handle money when they get access to money

It's not everyone there are still people who know how to handle and care for money even if they don't have access to money before so I think that poor people can even handle money once they have access to one

 

[Stardom22]

I can say that most poor people would oftenly misbehave when huge monies come on the ways of the poor people because they have less experience on cash management for sure.