Of course; you would think it's lack of savings, lack of income, lack of rich family, ...
> But psychology research says the opposite might be the case: poverty makes it hard for people to care about the future and forces them to live in the present.
This piece of insight is so old and well-worn that it goes by glib names, like the vicious cycle of poverty.
The "permanent now" is also traditionally called "(living) from paycheck to paycheck" or "from hand to mouth".
If you have nothing, it's very hard to get anywhere just by delaying gratification. There has to be something in place that accumulates or appreciates in value while you delay.
> But psychology research says the opposite might be the case: poverty makes it hard for people to care about the future and forces them to live in the present.
This piece of insight is so old and well-worn that it goes by glib names, like the vicious cycle of poverty.
The "permanent now" is also traditionally called "(living) from paycheck to paycheck" or "from hand to mouth".
If you have nothing, it's very hard to get anywhere just by delaying gratification. There has to be something in place that accumulates or appreciates in value while you delay.