Question by Tasm: How much more expensive is it to live poor than rich?
I wonder if there has been studies to show how much more expensive it is to live poor than rich?
For example:
- Poor pay interest in credit card, rich pay credit card instantly and get the rewards.
- Poor pay high prices for small items, rich pay high price for bulk items which in turn costs less overall per quality.
- Poor rent, rich own houses and put monthly payment into equity.
- Poor borrow money paying interest on
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