Here’s an article about something that was a real eye-opener for me a few years ago: it costs more to be poor.
Basically, if you’re poor, you pay more for everything. Housing (you rent, you don’t own), food, loans, you name it.
Study Documents âGhetto Taxâ Being Paid by the Urban Poor: “The poor are also the main customers for appliances and furniture at ârent to ownâ? stores, where payments are stretched out at very high interest rates; in Wisconsin, a $200 television can end up costing $700.”