People don't climb out of poverty by saving. They climb out of poverty by climbing the income ladder, and then diverting excess income into savings.

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They are the same - savings can only happen if your income is more than your expenses.

You literally said that the definition of being poor is to not have savings.

Yes. The definition of being poor is to have no excess income. Which, by definition, means no capacity to accumulate savings.

Poor people are not getting poorer because the cash under their mattress is losing spending power. This is just a wrong way to think about it.

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