Marketplace Money for Friday, October 5, 2012
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How do you decide what to do with your money when you have very little? In a special report from our Wealth and Poverty Desk and KPBS in San Diego, we look at the tough choices faced by families living in poverty. For poor people in the U.S., every single penny counts. Good choices about how to spend those pennies can lead to a path out of poverty. Bad choices can send them spiraling downward. We talk with a woman who's worked and saved enough to buy her own house, a family that's counting change picked up on the sidewalk, and a young man who will be the first in his family to go to college. Plus, stories on finding the funny in frugal, driving while poor, and poverty simulation.
Posted In: child poverty, Personal Finance, San Diego, Housing, cars, wealth gap, economic mobility, tough choices, poverty
Three families living around the poverty line in San Diego tell Marketplace Money what it means to spend money when you don't have a whole lot of it.
Posted In: poverty, personal responsiblity, tough choices
Two takes from experts on both sides of the political spectrum on why people are poor and what they can do about it.
Posted In: San Diego, Income Gap, wealth gap, poverty, wealth, opportunity, Education, homeless, personal responsiblity, American dream, tough choices
Residents of San Diego's wealthiest and poorest neighborhoods reflect on opportunity, responsibility and the American Dream.