When my Mum died she left my sisters and I exactly the same amount of money each. In last 7 years since she died sister 1 put her share in stocks and shares ISA and her share has now grown, sister 2 put her in building society her share only grown a tiny bit, sister 3 has bought a new car, been on expensive holidays to Mexico and the Maldives, had new bedroom furniture and has about 25% left in bank. I invested my share into 3 btl houses to bring in some income in my retirement and also to leave to my 3 children in due course. The houses has increased in value and so I have grown my share. My other sister spent all of hers within one year on 1 expensive holidays for all of her family children and their partners and grandchildren, one holiday for herself and dh and had her garden landscaped which was expensive. She has very little left. The point being 5 people start off with the same amount and within a few years some have spent all or most of it, others have invested and grown their share. It is the same with all people everyone could start off with an identical amount but some will always prefer to spend and others save. Often, but not always, the difference between rich and poor is their attitude towards spending and saving. We are constantly hearing about the gap growing between rich and poor and I think this because the rich invest more. In the same way some families on benefits struggle but cope without getting into debt whilst others waste some of their money and get into debt. You can't legislate for personality differences. How often should government take savings away from people who save and give it to those who spend a lot more?
being a right moany pain in the proverbial