By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Next Gen Econ
  • Home
  • News
  • Personal Finance
    • Credit Cards
    • Loans
    • Banking
    • Retirement
    • Taxes
  • Debt
  • Homes
  • Business
  • More
    • Investing
    • Newsletter
Reading: Here’s Why Poor People Stay Poor
Share
Subscribe To Alerts
Next Gen Econ Next Gen Econ
Font ResizerAa
  • Personal Finance
  • Credit Cards
  • Loans
  • Investing
  • Business
  • Debt
  • Homes
Search
  • Home
  • News
  • Personal Finance
    • Credit Cards
    • Loans
    • Banking
    • Retirement
    • Taxes
  • Debt
  • Homes
  • Business
  • More
    • Investing
    • Newsletter
Follow US
Copyright © 2014-2023 Ruby Theme Ltd. All Rights Reserved.
Next Gen Econ > Debt > Here’s Why Poor People Stay Poor
Debt

Here’s Why Poor People Stay Poor

NGEC By NGEC Last updated: December 5, 2024 3 Min Read
SHARE

If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You!
[email protected]

When too many people access the Internet at the same time, it can cause the Internet to slow down. You’ve no doubt experienced this when you jump on your home computer after work.

This slow down occurs because an Internet Provider’s service lines become clogged with too many of their customers. The Internet Provider’s bandwidth is pushed to the limit and this slows down Internet service for all the customers.

Put another way, bandwidth limitation impairs performance.

Our brains operate in much the same way. When we are faced with too many problems or worries, our brain’s bandwidth is pushed to the limit and it’s almost impossible to think clearly.  

Everyone’s brain, when hit with too many problems at once, slows down and this interferes with our ability to think, which we desperately need to do, in order to solve all of those pressing real-time problems.  

If you grew up in poverty, go back to your life as a poor person and try to remember how much your family struggled financially. Never ending problems, am I right?

Almost on a daily basis, poor people are confronted with a too many problems all caused by one thing – not having enough money.

Poor people are burdened with trying to figure out how to feed their families, make rent, pay utility bills, pay car loans/leases, make the minimum payments on credit cards, fix things that broke, pay medical bills, afford transportation to and from work and a whole host of other cost burdens that weigh on the minds of every poor person, often daily.

Poor people have to constantly worry about survival. This worry causes poor people to focus, almost daily, on procuring the money they need, or stretching the money they have, just to survive.  

Various studies have shown that this constant worry and stress reduces the IQ of poor people by an average of 13%.

Imagine trying to solve real-time financial problems and then being forced to do so with a brain that is not functioning properly, making it impossible for you to think your way out of those financial problems.

Poor people have less bandwidth than non-poor people. This bandwidth limitation impairs their brains and causes poor people to make bad decisions, which only perpetuates their poverty.

Read the full article here

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Dave Says: Your Income is the Key & Find a Good Money Market Account
Next Article How To Make An AI-Proof Small Business Fortune
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow
TiktokFollow
Google NewsFollow
Most Popular
Americans Aren’t Choosing a No-Spend Year—They’re Being Forced Into One in 2026
January 11, 2026
Are Smart Meters Being Used for Tax Assessments? What 2026 Homeowners Should Know
January 11, 2026
Some Medicare Drug Plans Are Reclassifying Common Prescriptions
January 11, 2026
5 Medicare ‘Death Traps’ That Will Cost You $5,000 This Year
January 11, 2026
The COLA Illusion: 3 Reasons Your 2.8% Raise Disappeared Before it Hit Your Bank Account
January 11, 2026
7 Silent Ways Your Social Security Check is Being Drained in 2026 (Check Your Statement Now)
January 11, 2026

You Might Also Like

Debt

8 Shocking Aging Side Effects You’re Not Ready For (And How to Fight Them)

10 Min Read
Debt

Success in Life Requires That You Fulfill Your Responsibilities

2 Min Read
Debt

After January, These Preventive Screenings Are Still Covered, But Only Under Specific Plan Rules

6 Min Read
Debt

Schedule 1-A Alert: How to Claim the $6,000 “OBBB” Deduction on Your 2026 Return

7 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Next Gen Econ

Next Gen Econ is your one-stop website for the latest finance news, updates and tips, follow us for more daily updates.

Latest News

  • Small Business
  • Debt
  • Investments
  • Personal Finance

Resouce

  • Privacy Policy
  • Terms of use
  • Newsletter
  • Contact

Daily Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Get Daily Updates
Welcome Back!

Sign in to your account

Lost your password?