Serious question: are there resources that exist for former poor kids that explain things like "this is a stock and this is what you do with it?" Do people just know this stuff? Do they learn it from their parents? Literally how
In the last 6 years I've decupled (10x) my income. I mostly learned personal finance things from /r/personalfinance, and I adopted some of mrmoneymoustache's advice about money management after late nights reading his blog.
He takes some very hard stances on frugality and stuff that 1) might not be foreign to the formerly impoverished and 2) might seem a little crazy. But the underlying principles are good. Ignore individual stocks, invest in low-expense index funds.
