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	<title>Comments on: What Are the Root Causes of Being Poor?</title>
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	<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/</link>
	<description>A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.</description>
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		<title>By: 10 Excuses for Going Into Debt &#124; The Wisdom Journal</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-412850</link>
		<dc:creator>10 Excuses for Going Into Debt &#124; The Wisdom Journal</dc:creator>
		<pubDate>Mon, 06 Apr 2009 03:10:36 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-412850</guid>
		<description>[...] an option for either my wife or myself and I can think of few things more expensive and likely to put you in debt. They say that getting a divorce is like converting all your assets into $100 bills, then you and [...]</description>
		<content:encoded><![CDATA[<p>[...] an option for either my wife or myself and I can think of few things more expensive and likely to put you in debt. They say that getting a divorce is like converting all your assets into $100 bills, then you and [...]</p>
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		<title>By: Seorsa</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-228093</link>
		<dc:creator>Seorsa</dc:creator>
		<pubDate>Wed, 06 Feb 2008 19:35:49 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-228093</guid>
		<description>The comment about the marraige study..&quot;I just wish I could find the source&quot; says it all. I ahve a friend who is a conservative fundamentalist, and they ahve been emailing these stats around for over a decade. There really is no study or source. He forwards this crap to me, and it si always a &quot;new study&quot; shows....but never really a study. Some of them are actual publications from these ultra-conservative or religous &quot;think tanks&quot; and are total bunk.

Having come froma two parent modest family but attended a upscale school, but also spending years working in poor cities and bad neighborhoods, I think there is so much variety that any time you see one of these &quot;studies&quot; with such sweeping generalizations you just have to figure your being hoodwinked. Really.</description>
		<content:encoded><![CDATA[<p>The comment about the marraige study..&#8221;I just wish I could find the source&#8221; says it all. I ahve a friend who is a conservative fundamentalist, and they ahve been emailing these stats around for over a decade. There really is no study or source. He forwards this crap to me, and it si always a &#8220;new study&#8221; shows&#8230;.but never really a study. Some of them are actual publications from these ultra-conservative or religous &#8220;think tanks&#8221; and are total bunk.</p>
<p>Having come froma two parent modest family but attended a upscale school, but also spending years working in poor cities and bad neighborhoods, I think there is so much variety that any time you see one of these &#8220;studies&#8221; with such sweeping generalizations you just have to figure your being hoodwinked. Really.</p>
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		<title>By: It&#8217;s Official: The Giants Won the Super Bowl so the Dow Will Be UP in 2008!&#8212;AllFinancialMatters</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-227016</link>
		<dc:creator>It&#8217;s Official: The Giants Won the Super Bowl so the Dow Will Be UP in 2008!&#8212;AllFinancialMatters</dc:creator>
		<pubDate>Tue, 05 Feb 2008 15:56:45 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-227016</guid>
		<description>[...] As some of the commenters said on my post last week about the root causes of being poor: [...]</description>
		<content:encoded><![CDATA[<p>[...] As some of the commenters said on my post last week about the root causes of being poor: [...]</p>
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		<title>By: Link Roundup: Punxsutawney edition at Mighty Bargain Hunter</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-226614</link>
		<dc:creator>Link Roundup: Punxsutawney edition at Mighty Bargain Hunter</dc:creator>
		<pubDate>Tue, 05 Feb 2008 04:33:01 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-226614</guid>
		<description>[...] All Financial Matters asks what are the root causes of being poor. [...]</description>
		<content:encoded><![CDATA[<p>[...] All Financial Matters asks what are the root causes of being poor. [...]</p>
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		<title>By: tara</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-226526</link>
		<dc:creator>tara</dc:creator>
		<pubDate>Tue, 05 Feb 2008 01:53:04 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-226526</guid>
		<description>It seems pretty logical to me that there&#039;s a connection between single-parent households and poverty. Like it or not, when you have two adults in a household, you generally have more of a safety net. If one loses a job, develops an illness, or needs to work less because one of the kids has a serious illness, the other is there to help deal with things. If you have only one adult in the house, it&#039;s all on him or her. And if something goes wrong that strikes at his/her ability to support the family, it&#039;s a much bigger deal than if there&#039;s a husband or a wife who can continue to bring in an income.

Is it possible for a single-parent household to not also be a poor one? Of course. Is it possible for a dual-parent household to be poor or to have other problems? Also yes. But I do think there is sense in recognizing that in general, single-parent households lack some of the benefits that-- in general-- go along with dual-parent households. There are a lot of things in life that are easier if you don&#039;t have to do them alone, and raising a family is one of them.</description>
		<content:encoded><![CDATA[<p>It seems pretty logical to me that there&#8217;s a connection between single-parent households and poverty. Like it or not, when you have two adults in a household, you generally have more of a safety net. If one loses a job, develops an illness, or needs to work less because one of the kids has a serious illness, the other is there to help deal with things. If you have only one adult in the house, it&#8217;s all on him or her. And if something goes wrong that strikes at his/her ability to support the family, it&#8217;s a much bigger deal than if there&#8217;s a husband or a wife who can continue to bring in an income.</p>
<p>Is it possible for a single-parent household to not also be a poor one? Of course. Is it possible for a dual-parent household to be poor or to have other problems? Also yes. But I do think there is sense in recognizing that in general, single-parent households lack some of the benefits that&#8211; in general&#8211; go along with dual-parent households. There are a lot of things in life that are easier if you don&#8217;t have to do them alone, and raising a family is one of them.</p>
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		<title>By: Jared</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-225007</link>
		<dc:creator>Jared</dc:creator>
		<pubDate>Sun, 03 Feb 2008 06:25:25 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-225007</guid>
		<description>@julia - &quot;Perhaps the root cause of being poor is having children!!&quot;

I hope that was tongue-in-cheek, or that you were proposing another facetious correlation-not-causation argument.  Forgive me for speaking anecdotally, but I and a number of friends have three or more children and are doing just fine.  Of course, having said that, I must acknowledge that all of us are one-income households, married, with a stay-at-home parent, so the sick child thing wouldn&#039;t be a big problem for us.

But perhaps that&#039;s Glenn&#039;s point.  There are a lot of things that are easier in a two parent household, assuming that the parents get along.  The very example that you gave lends support to the idea that a nuclear family is more likely to be well-off than a single parent home.

Putting on my engineering hat, it&#039;s simply cheaper (more money efficient) to house and feed a group of people in a single house than to divide those people among several homes -- particularly given the cost of housing in places like the San Francisco area.  This is particularly the case when the members of the household are working toward a common goal, like a happy family.

I applaud EnoughWealth&#039;s idea of creating multi-family units.  When we moved into our new home, we had to sign an agreement that our home would not be used as a multi-family dwelling.  I think that&#039;s ridiculous.  We could easily house another (small) family in our home, once we finish the basement this summer.  However, I think that implementation of such an idea would inevitably result in frictions among the families living in the home.  Arguments over details like payment for utilities usage, food, cleaning, and personality issues would reduce the effectiveness of the idea.  But it&#039;s worth trying.</description>
		<content:encoded><![CDATA[<p>@julia &#8211; &#8220;Perhaps the root cause of being poor is having children!!&#8221;</p>
<p>I hope that was tongue-in-cheek, or that you were proposing another facetious correlation-not-causation argument.  Forgive me for speaking anecdotally, but I and a number of friends have three or more children and are doing just fine.  Of course, having said that, I must acknowledge that all of us are one-income households, married, with a stay-at-home parent, so the sick child thing wouldn&#8217;t be a big problem for us.</p>
<p>But perhaps that&#8217;s Glenn&#8217;s point.  There are a lot of things that are easier in a two parent household, assuming that the parents get along.  The very example that you gave lends support to the idea that a nuclear family is more likely to be well-off than a single parent home.</p>
<p>Putting on my engineering hat, it&#8217;s simply cheaper (more money efficient) to house and feed a group of people in a single house than to divide those people among several homes &#8212; particularly given the cost of housing in places like the San Francisco area.  This is particularly the case when the members of the household are working toward a common goal, like a happy family.</p>
<p>I applaud EnoughWealth&#8217;s idea of creating multi-family units.  When we moved into our new home, we had to sign an agreement that our home would not be used as a multi-family dwelling.  I think that&#8217;s ridiculous.  We could easily house another (small) family in our home, once we finish the basement this summer.  However, I think that implementation of such an idea would inevitably result in frictions among the families living in the home.  Arguments over details like payment for utilities usage, food, cleaning, and personality issues would reduce the effectiveness of the idea.  But it&#8217;s worth trying.</p>
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		<title>By: MONEY CLIPPED &#187; Money Clippings: Watch Your Back Edition</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-224862</link>
		<dc:creator>MONEY CLIPPED &#187; Money Clippings: Watch Your Back Edition</dc:creator>
		<pubDate>Sun, 03 Feb 2008 01:57:35 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-224862</guid>
		<description>[...] What Are the Root Causes of Being Poor? AllFinancialMatters weighs in on Glen Beck&#8217;s position&#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] What Are the Root Causes of Being Poor? AllFinancialMatters weighs in on Glen Beck&#8217;s position&#8230; [...]</p>
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		<title>By: C W</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-224860</link>
		<dc:creator>C W</dc:creator>
		<pubDate>Sun, 03 Feb 2008 01:56:51 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-224860</guid>
		<description>I am not familiar with Glenn Beck, but I feel that many of his arguments may be pointing to another idea.  It is that we live in a society where single parenthood is an accepted norm and being critical of it is viewed as some sort of intolerant attitude.  It is certainly good that we no longer look at poverty or single parenthood as some sort of character defect, but it may not be so good that we let parents off the hook who have children that they are not prepared (financially, psychologically, or emotionally) to raise properly.

There is nobility in raising your children the best you can with what you have.  Accidents happen, but to continue to have children out of wedlock or not improve your earning potential once you have a child depending on you is shameful and selfish.  This shameful behavior is compounded by the self-righteous attitude of those who think that parenthood in and of itself relieves them (or others) of responsibilty and self-sacrifice.

Part of a can-do attitude is believing that you can always do more.  Any decent person wants more for their children than they have, but a good parent continually works and sacrifices to make it happen.</description>
		<content:encoded><![CDATA[<p>I am not familiar with Glenn Beck, but I feel that many of his arguments may be pointing to another idea.  It is that we live in a society where single parenthood is an accepted norm and being critical of it is viewed as some sort of intolerant attitude.  It is certainly good that we no longer look at poverty or single parenthood as some sort of character defect, but it may not be so good that we let parents off the hook who have children that they are not prepared (financially, psychologically, or emotionally) to raise properly.</p>
<p>There is nobility in raising your children the best you can with what you have.  Accidents happen, but to continue to have children out of wedlock or not improve your earning potential once you have a child depending on you is shameful and selfish.  This shameful behavior is compounded by the self-righteous attitude of those who think that parenthood in and of itself relieves them (or others) of responsibilty and self-sacrifice.</p>
<p>Part of a can-do attitude is believing that you can always do more.  Any decent person wants more for their children than they have, but a good parent continually works and sacrifices to make it happen.</p>
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		<title>By: Adam</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-224233</link>
		<dc:creator>Adam</dc:creator>
		<pubDate>Sat, 02 Feb 2008 08:59:55 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-224233</guid>
		<description>I agree. I&#039;m so sick of politicians and bleeding hearts acting like the evil &quot;system&quot; is keeping these otherwise outstanding citizens down so a select few can get richer. Sure there is people who just happen to be a in situation where they are simply a victim of the system. Take health care and disability for example, there is no middle ground. If you have a medical condition that makes it difficult to fully support yourself, yet you can contribute something, your hands are pretty much tied. You either have to be really rich to pay for everything yourself, or really poor to get assistance. Same with getting help with college expenses. That drives me nuts, but I&#039;m getting off topic. My point is, sure I&#039;ve met poor people who are genuinely, I hate to use the term, but victimized by the system; however the majority of poor people I have met simply have issues that is all on them. Now what really drives me crazy is when the bleeding hearts then go on to again blame society and the &quot;system&quot; for not only holding them back, but also causing these problems that contribute to their poverty.</description>
		<content:encoded><![CDATA[<p>I agree. I&#8217;m so sick of politicians and bleeding hearts acting like the evil &#8220;system&#8221; is keeping these otherwise outstanding citizens down so a select few can get richer. Sure there is people who just happen to be a in situation where they are simply a victim of the system. Take health care and disability for example, there is no middle ground. If you have a medical condition that makes it difficult to fully support yourself, yet you can contribute something, your hands are pretty much tied. You either have to be really rich to pay for everything yourself, or really poor to get assistance. Same with getting help with college expenses. That drives me nuts, but I&#8217;m getting off topic. My point is, sure I&#8217;ve met poor people who are genuinely, I hate to use the term, but victimized by the system; however the majority of poor people I have met simply have issues that is all on them. Now what really drives me crazy is when the bleeding hearts then go on to again blame society and the &#8220;system&#8221; for not only holding them back, but also causing these problems that contribute to their poverty.</p>
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		<title>By: julia</title>
		<link>http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/comment-page-1/#comment-224110</link>
		<dc:creator>julia</dc:creator>
		<pubDate>Sat, 02 Feb 2008 06:45:32 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/2008/02/01/what-are-the-root-causes-of-being-poor/#comment-224110</guid>
		<description>I think the most disturbing part of this post was the title. Like others have said correlation is not causation.

Perhaps the root cause of being poor is having children!! It&#039;s very difficult to be a star performer at work when you have a child who is sick and isn&#039;t allowed to go to expensive daycare. Perhaps instead of suggesting that people get married, we work harder on making sure young people get the right contraceptives and education on sex and birth control.

I would rather see a child grow up in a poor single-parent home than in a two-parent family where the father abuses drugs, the mother or the children.</description>
		<content:encoded><![CDATA[<p>I think the most disturbing part of this post was the title. Like others have said correlation is not causation.</p>
<p>Perhaps the root cause of being poor is having children!! It&#8217;s very difficult to be a star performer at work when you have a child who is sick and isn&#8217;t allowed to go to expensive daycare. Perhaps instead of suggesting that people get married, we work harder on making sure young people get the right contraceptives and education on sex and birth control.</p>
<p>I would rather see a child grow up in a poor single-parent home than in a two-parent family where the father abuses drugs, the mother or the children.</p>
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