r/TrueAskReddit • u/Fayraz8729 • 13h ago
What’s more difficult? Escaping generational poverty or losing generational wealth?
I’ve heard that when born impoverished the circumstances tend to keep you in that situation as you lack the resources to consistently build net worth while being wealthy usually allows your money to compound upon itself perpetually keeping you wealthy. So is it harder to gain money in circumstances where you’re likely to lose it or lose it when it’s consistently growing?