@sarahwedde I had a conversation with a friend recently who claimed that poor people are just bad with money and should be just taught how to save.
So we did a little exercise of how much one can save if one saves a bit of their tiny income every month. In a year we would have not nearly enough to get a second hand fridge if the old one would die.
Said friend could buy a brand new fridge every month without even noticing on their budget.
It's not wealth illiteracy that makes people poor. It's a lack of money.