Growing up poor can place hindrances and obstacles on the path to one’s success and achievements in life. It can hurt education opportunities, employment opportunities and recreational activities such as hobbies and skills. However, there have been American presidents who experienced poverty at some point in their lives. Despite this, each managed to climb the political ladder to the top.
Here are five American presidents who experienced poverty:
- Harry S. Truman – Preceded by Franklin D. Roosevelt, he was the 33rd President of the United States. His presidential term last from April 1945 through January 1953. He is well-known globally for the establishment of the Marshall Plan, the Truman Doctrine and NATO. Although Truman had a humble upbringing, he often had a chaotic financial situation due to his poor investment choices. He also had unsuccessful business ventures such as a men’s clothing store and a mining and oil company.
- Ulysses S. Grant – The 18th president from 1869 to 1877. Unlike Truman, he never had the opportunity to turn around his financial situation. He eventually became bankrupt after he lost $100,000 due to the fraudulent behavior of his son’s business partner. Grant was well-known for being a national hero following the Civil War after President Abraham Lincoln made Grant a brigadier general. It was only after his death that he was able to provide finances to his family, leaving them with around half a million dollars, sourced from his Civil War memoirs.
- William Henry Harrison – He was a farm owner so he was quite dependent on agricultural factors for his wealth. Unfortunately, while he was serving as the Ambassador to Colombia, the harsh weather destroyed his crops. This naturally steered to his failure to accumulate much wealth. Harrison was the ninth president for 31 days in 1841 before he died of natural diseases. While he may not have had much time in office to prove his capabilities, he had military experiences that stood out.
- Thomas Jefferson – One of the founding fathers, he was the third president of the U.S. between 1801-1809. He was the main author of the Declaration of Independence. Additionally, he served as the second vice president from 1797 to 1801. Although he started with affluence, he accumulated a lot of debt throughout his life. He was not able to take care of his debts as he could not find buyers for his land. As a result, his daughter did not inherit much and had to live off charity.
- James A. Garfield – He served as the 20th president of the United States in 1881 for around six months until he was assassinated. He had served as a general during the American Civil War and attempted to fight off corruption in the post office. Garfield was born into poverty and worked many jobs such as being a carpenter or a janitor so that he can get through college. Since he was dedicated to being a public servant, he did not have much room to be able to accumulate much wealth. By the time of his assassination, he was penniless.
These American presidents who experienced poverty shed light on the fact that even the brightest or the most capable among us who can lead a nation like the United States can be living in poverty. Economic empowerment and education opportunities can be presented to all talented potentials, thus eradicating global poverty and reducing global inequality in all spheres.
– Nergis Sefer
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