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RE: The first earns it, the second enjoys it and the third destroys it

Just like you said, these people don't know the pain of working hard and earning every penny they spend, that's why they spend lavishly.

Parents should learn to teach and make their kids know the value of money, from a young age they should make them earn their allowance, even if it's by doing chores at home

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You might want to learn what GINI is and the countries that sit top of the GINI rankings. Clue - the US sits the very bottom of the GINI rankings in the developed world.

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