With many people languishing in poverty in America, several things can be done to uplift others. Entrepreneurs can do a lot to generate income and meet the moral obligation of helping others.
Impoverished people encounter several barriers and challenges to at least achieve middle-class standards, unlike those born in better circumstances. James Gutierrez is a fintech entrepreneur who claims that some people are sunk further into problems while others advance further away from poverty.
The system is not meant to assist the strugglers especially in the lending, loans, and finance realms or small business establishment funding. Innovators and investors in these sectors should leverage opportunities and access to evolving the normality.
James Gutierrez claims that individuals who start poorly remain there forever because poverty is an expensive lifestyle since society is highly influenced by capitalism. Therefore, people value money and liquidity access more than mere human survival.
If your parents are capitalists who helped you go through all levels of education can give you a perfect stature in the system. You can also have biogeny wealth from grandparents that alienate you from poverty to stake you higher in the capitalist system. Therefore, you must not strive to accomplish in life because your generation’s success can give you a better starting point.
James Gutierrez states that when beginning at nothing, the poverty standard might never last forever, but at times the minority gap seems to be more complicated to bridge. Therefore, James Gutierrez dedicated his career to creating tech-based sites to offer banking solutions for the underbanked society.
In 2018, the US Census Bureau recorded that 11.8% of the population were living below the poverty line. The numbers among the poor Americans decrease in this order respectively; Native Americans, Black, and then Hispanic Americans. On a wider perspective past the federated poverty line, approximately 30% of the population survive on the poverty edge.
Learn more about James: https://www.perc.net/profile/james-gutierrez/