3 ms·
Well-off people are usually quick to criticize the decisions of "the poor", but they rarely understand the context. For example, why do poor people stand in lin
by lpapez 5y ago
Well-off people are usually quick to criticize the decisions of "the poor", but they rarely understand the context. For example, why do poor people stand in line for a new iPhone just to sell it immediately upon exiting the store? Its often because they can get it on a telecom-contract, sell it unopened immediately for less than it usually costs to someone else and pay it off across two years. It effectively serves as a quick cash loan with a moderate interest fee in case you can't get one from a bank and are smart enough not to contact the mob. Every time the iPhone gets more expensive, people with a dire need for cash rejoice...
- nly 5y agoI know this sounds strange and privileged, but I'd love to see a compilation of tid bits like this (alongside a myth busting element of whether it's really true)