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Originally Posted by Anaraxes
Actually, no. This is a description of part of the concept of the character. For whatever reason, this guy has no money, can't hang on to money, and perhaps doesn't even want money. It's not just the state of the character at start.
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It's the can't hang onto money part that's objectionable. He can't obtain money in the abstracted daily life, but if a Dead Broke character goes an adventure and retrieves a chest of $1,000 in gold coins, he's got that money and can spend it. He could, for instance, buy a weapon and armor. He can pay for his Cost of Living with it. He can't, however, put it in the bank and get interest on it, or use it to buy a new suit solely for the purpose of going on a job interview. He has no way of getting more money except by going on adventures.