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Do people who buy cheap smartphones even buy apps?
by mig39 11y ago
Do people who buy cheap smartphones even buy apps?
- davidp4321 11y agoThey don't buy apps but they do spend a lot on in-app purchases.
- dogma1138 11y agoLike it was mentioned people from low income brackets are more likely to spend money on in-app purchases especially those which are designed similarly to games of chance, lower income people are also likely to impulse buy. Financial planning is like the chicken and the egg - poor people don't have good financial planning abilities because they aren't used to having capital and because they aren't good at financial planning they are more likely to remain poor even on a steady income. There were some startups that aimed to fix just that by managing your monthly expenses and basically giving you a daily allowance almost if you hand over your salary to them.