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starcat_jewelstarcat_jewel on March 15th, 2010 10:49 pm (UTC)
Beyond the obvious -- poverty is what happens when you don't have a safety cushion of any sort. Remember "for want of a nail"? If your income-to-expenses ratio is so low that you can't put anything aside, then the least little piece of bad luck can send you into an out-of-control downward financial slide. Poverty is not being able to afford anything to go wrong.