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No. She's saying that the poor can't save their money, because they don't have the luxury of not having to spend it to stay fed, clothed, and housed.
by parenthephobia 11y ago
No. She's saying that the poor can't save their money, because they don't have the luxury of not having to spend it to stay fed, clothed, and housed.
- ars 11y agoNo, she did not say that. Otherwise why would the timing of the sale (start of month vs end) make any difference?
- deleted 11y ago[deleted]
- auggierose 11y agoI didn't even read the article. But obviously, if there is an offer at the beginning of the month, you can buy cheaply and save. If it is at the end of the month, you already had to buy it at the beginning expensively, and you cannot save anything. That's really simple. I am wondering where your karma points come from.
- ars 11y agoLike you said, you didn't read the article. It's usually better not to comment if you have not. But I'll help you out: Implied was that they had enough money to buy in bulk for multiple months, but had wasted it on other things by the time the end of the month came. There was another class of people who could not do even that, and could only buy for that one month, they could not buy in bulk at any time. (Which is what you were imagining I was talking about.)
- parenthephobia 11y agoThe article didn't imply anything like that to me. Where it mentioned buying in bulk it mentioned two classes of people: people who could not buy in bulk at all, and people who did buy in bulk at the beginning of the month, if the option was available, but could not do so at the end. If you could point at the paragraph which led you to believe it implied the poor were unable to afford bulk purchases due to "wasting" their money, that'd be great.
- ars 11y ago> two classes of people There are three. There are also those who can buy in bulk for multiple months. "And the poor often can't afford to do that — to pay $24 for a 30-pack instead of $5 for a four-pack. Then, because they can't stock up, they can't afford to wait until the next sale comes around." 30/4 = 7.5. i.e. implying a multi month purchase. Also "the next sale comes around": at least by me sales are on a multi month schedule, not a monthly schedule. > If you could point at the paragraph which led you to believe it implied the poor were unable to afford bulk purchases due to "wasting" their money, that'd be great. That's just it - I don't think she realized she said that. It would not be in keeping with the rest of what she wrote. And yet, her advice to stores to have sales "at the start of the month" does in fact imply that. I assume it was inadvertent, but I called attention to it because she did write it. I think she would have preferred to advise stores to have sales on a monthly schedule instead of a multi-month schedule. That would be more in line with the rest of her article. (Convincing stores to do that would be tough - they would have to stock medium quantities of many items, instead of large quantities of a few. That hurts their purchasing power and increases their labor costs.)