3 ms·
The thing is that it all adds up, and poor people are constantly being forced to repurchase simple things. Yes, well off people might spend more on cars, clothe
by dorchadas 8y ago
The thing is that it all adds up, and poor people are constantly being forced to repurchase simple things. Yes, well off people might spend more on cars, clothes, etc., but they don't have to do it as often. Overtime, the fact that poorer people have to buy more often adds up to them spending more money. Plus, it means they don't have any time to save up the money, since they always have to worry about replacing something frequently as opposed to 10 years from now.
I've seen it with people buying jeans for work. Buying the cheapest quality jeans possible from a Rural King, and then having to buy another pair again in a few months. Same with tennis shoes from Payless Shoes, for instance, versus buying Nike.