One of my students tweeted this article out. It was the best thing I read all week:
What is the value of a status symbol? Are the poor held to higher standards in managing their money? https://t.co/icaUZBpkgf #RutIED
— Shelli Koffman (@ShelliKoffman) November 4, 2013
“If you are poor, why do you spend money on useless status symbols like handbags and belts and clothes and shoes and televisions and cars? One thing I’ve learned is that one person’s illogical belief is another person’s survival skill.” Read the whole thing.
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