Also, and this is true for many things, the poor are less capable of spending more money now to save money over the long term. E.g., if a pair of boots that wil

Also, and this is true for many things, the poor are less capable of spending more money now to save money over the long term. E.g., if a pair of boots that will last 3 years is $150 and a pair of boots that will last 6 months is $30, the $150 pair of boots is a better deal because you'd have to buy $180 dollars worth of cheap boots to last 3 years. But if you only have $50 available to spend and you need new boots now, you have to choose the cheap boots. So, forget buying everything in bulk, or buying a membership to a warehouse club.