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Poor people don't save because they are poor and there's nothing to save. It costs loads more to be poor than to have some money. You won't save money by buyin
by lancesells 2y ago
Poor people don't save because they are poor and there's nothing to save.
It costs loads more to be poor than to have some money. You won't save money by buying up-front, if your credit is low you'll pay more than a person with more money, you miss payments and the late fees rack up, you overdraft and your fees add up, you can't go on autopay to save money because you risk going into overdraft, etc.
Maybe if the 1% didn't own 50% off all the resources (money) than poor people could find some money to save.