Posts Tagged ‘cost of being poor’

The Hidden Costs of Being Poor


16 Mar

It costs more to be poor than it does to be middle class.

If the cheap version of something costs $10, but only lasts for 2 years, while the expensive version costs $20 but lasts for 5 years, in the long run, it’s obviously better to buy quality. But what if I don’t have $20 in my budget? What if I don’t really even have $10, but I need this item now? Which am I going to buy?

Sadly, I think this may be why Wal-Mart is so successful. If you buy it cheap, you have to buy it often.

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