Some things underprivileged people squander money on

[freelancermaria]

According to Warren Buffet, one of the most successful investors globally, undeprivileged individuals waste their money on activities, such as gambling, not living within their means, acquiring new cars, and indulging in frequent nights out. I agree with what he said. Unfortunately, some people with limited fifinancial resources often spend their money on things that ultimately lead to their economic disadvantage. Many individuals are driven by the desire to show off or seek quick and easy money through gambling.

 

[Starmix]

That is their mindset we cannot change unless there is someone brave in the family to lecture that person. That extravagant human being lacks financial literacy. There should be someone to invite him to attend a seminar on financial literacy he will surely regret on his wasteful life.

 

[King Belieal]

An average poor person, would always try to measure and compete themselves with the poor. They have lots of kids

 

[Starmix]

Poor people also have many kids. they like to create a baby factory without thinking about how to raise them decently.

 

[Springtime]

Spending money wisely is the key to maintaining financial stability. If you waste your money on activities such as gambling, you will suffer eventually.

 

[Starmix]

Those who squander their money lack financial literacy. We cannot blame them but if they have disposition they will not waste their money.