3 ms·
Being too poor to save for high quality things that don't need to be replaced as often is a tax within itself. That's part of why poverty is considered "cyclica
by uni_rule 4y ago
Being too poor to save for high quality things that don't need to be replaced as often is a tax within itself. That's part of why poverty is considered "cyclical".
- bamboozled 4y agoThere's a lot of good second hand things for very cheap available. See my other comment about coffee makers, for example. What screws people without money is the expensive once off things that just always crop up. I have a decent job and I feel the burn, especially now with inflation, a once off surprise expensive can be deadly lately. The accidental parking fines, the expensive medical bill, the new car tyre, the more expensive electricity etc. This IMO is more likely to create cyclical poverty than the ability to buy cheap things from Walmart(TM).