5 Ways We Punish People For Being Poor
The Financial Diet 19:09
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In this video, Chelsea illustrates just some of the many ways our society criminalizes and punishes people simply for being poor — which continues the cycle of poverty.
Source links:
Lotteries: https://www.liveabout.com/where-does-lottery-money-go-4159831
http://www.naspl.org/wherethemoneygoes/
https://www.bloomberg.com/opinion/articles/2022-11-04/-1-5-billion-powerball-jackpot-a-failure-of-state-governments?leadSource=uverify%20wall
Fines on misdemeanors:
https://www.americanbar.org/groups/government_public/publications/public_lawyer_articles/fees-fines/
Predatory bank fees:
https://www.bankrate.com/banking/checking/checking-account-survey/#interest-checking
https://www.cbsnews.com/news/atm-fee-cfpb-fdic-checking-account-low-income-overdraft-fee/
Unequal education:
https://hechingerreport.org/new-data-even-within-the-same-district-some-wealthy-schools-get-millions-more-than-poor-ones/
Job application gatekeeping:
https://www.marketplace.org/2022/02/17/hiring-based-on-skills-instead-of-college-degrees-opens-up-opportunities-for-millions/
https://www.usnews.com/education/best-colleges/paying-for-college/articles/see-how-student-loan-borrowing-has-change
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In this video, Chelsea illustrates just some of the many ways our society criminalizes and punishes people simply for being poor — which continues the cycle of poverty.
Source links:
Lotteries: https://www.liveabout.com/where-does-lottery-money-go-4159831
http://www.naspl.org/wherethemoneygoes/
https://www.bloomberg.com/opinion/articles/2022-11-04/-1-5-billion-powerball-jackpot-a-failure-of-state-governments?leadSource=uverify%20wall
Fines on misdemeanors:
https://www.americanbar.org/groups/government_public/publications/public_lawyer_articles/fees-fines/
Predatory bank fees:
https://www.bankrate.com/banking/checking/checking-account-survey/#interest-checking
https://www.cbsnews.com/news/atm-fee-cfpb-fdic-checking-account-low-income-overdraft-fee/
Unequal education:
https://hechingerreport.org/new-data-even-within-the-same-district-some-wealthy-schools-get-millions-more-than-poor-ones/
Job application gatekeeping:
https://www.marketplace.org/2022/02/17/hiring-based-on-skills-instead-of-college-degrees-opens-up-opportunities-for-millions/
https://www.usnews.com/education/best-colleges/paying-for-college/articles/see-how-student-loan-borrowing-has-change
Join this channel to get access to perks:
https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join
The Financial Diet site:
http://www.thefinancialdiet.com
Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en
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