These struggles affect income, confidence, motivation, and self-esteem.
Race is also a factor.
In 2020, median household income:
Black families: $41,000
White families: $70,000
Why? Education.
Remember Jimmy? He was set up for college.
What about Johnny?
Black people make up just 5% of senior manager and VP level jobs.
Only 1% of Fortune 500 CEOs are black.
Education limits opportunities. Black people are promoted less and paid less for the same jobs held by their white counterparts.
What's the moral of this story?
Telling somebody who grew up in a rough neighborhood and had to *literally* fight to stay alive that their "poverty mindset" is killing their future doesn't help.
It's like Jimmy telling Johnny to just "man up".
It's downright insulting.
Most of us have NO IDEA how the other half of society lives.
We don't know about their struggles because we find comfort in the insulated cocoon of money, wealth, and opportunities in which many of us live.