What effect does poverty have on someones life?

What effect does poverty have on someones life?

Answers
Poor provision of banking services usually result in higher charges for such simple things as cashing ones pay check. Lack of financing (not being able to get a loan) leads to the purchase of cheaper goods which can result in more expense over time (e.g. buying a cheap car only to have to spend lots of money keeping it running) These effects generally work to keep poor people in poverty.
maxaw
23 February 2012
Cheap food tends to be unhealthy, hence poor people are often overweight (causing general misunderstanding as to the true condition of poverty) you can check this by comparing a hamburgerĀ“s price with a nice fresh salad.
maxaw
23 February 2012
Unhealthy diets, bad housing and money related stresses lead to a lower life expectancy. (They die younger)
maxaw
23 February 2012
Conversely it can also be a significant motivation to succeed in life and get out the poverty "trap" many people coming from poor households have been hugely successful.
maxaw
23 February 2012
Add an answer Cancel reply

Similar questions