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Wow, check your privilege. https://flowingdata.com/2018/02/08/how-different-income-groups-spend-money/ https://flowingdata.com/2018/02/08/how-different-income-
by kthejoker2 8y ago
Wow, check your privilege.
https://flowingdata.com/2018/02/08/how-different-income-groups-spend-money/ https://flowingdata.com/2018/02/08/how-different-income-grou...
Housing, health care, food, and transportation make up close to 75% of of all household spending. And it's an even higher percentage the lower your income level. And on average people in our lowest income brackets spend more money than make - so really it's like they spend 100% of their income on necessities and then borrow for things like the Internet, travel to their uncle's funeral, repairing their broken heater, and so on.
These are basic life functions, forget about an iPhone.