Some people are so poor they can’t even afford to pay attention. 😆 But jokes aside, this is an important issue. About 15% of Americans, and 10% of Canadians live in poverty. Since each country has its own criteria for defining the poor it wouldn’t be fair to compare the two. However, I have a simple solution to reduce both country’s national poverty rate to effectively 0%. 😀
The Current Problems Around Poverty
North America has an abundance of wealth and there is enough food and other resources today to go around for everyone who lives here. But there are barriers in place that prevent some people from becoming financially literate and a self sustaining part of society.
- A lack of practical education.
Education is the best chance for a poor person to get out of poverty. The current public education system does a great job of testing our memories, but not so much on teaching us how to critically think for ourselves in the real world, especially when it comes to the application of mathematics and financial knowledge.