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> People scraping together a few thousand dollars to buy a beater ICE so they can get to work are not doing TCO analyses Is that something you’ve studied, or a
by erikpukinskis 9y ago
> People scraping together a few thousand dollars to buy a beater ICE so they can get to work are not doing TCO analyses
Is that something you’ve studied, or are you just guessing? You don’t think there are people with low incomes who budget aggressively?
- ghaff 9y agoThe reasons why it can be expensive to be poor have been studied and written about rather extensively. e.g. https://www.huffingtonpost.com/lauren-greutman/why-being-poor-is-more-ex_b_9194906.html https://www.huffingtonpost.com/lauren-greutman/why-being-poo... I do think many people with lower incomes budget aggressively. However, they may simply not be in a situation that they can optimize for a longer time horizon.
- erikpukinskis 9y agoOk, maybe don’t say they don’t budget then if it’s not true.