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Irony - Things Cost More If You Are Poor

It might sound ironical, however, a recent study conclusively prove that on an average a poor person spends more on the same stuff which an affluent person gets for less. Being broke is already hard for the poor, and then there are other challenges the like the ones listed below that make it extra difficult for the low income individuals. Here are some examples, here are a few expenses that actually cost more for low-income individuals.




 



Car Insurance
Car insurance premiums are truly difficult to understand. Surprising factors come in to play when your premiums are calculated. In a recent 3 year study conducted by Consumer Federation of America (CFA), it was found

 

The cost of state-mandated basic liability insurance is higher than many lower-income Americans can afford and the number of uninsured citizens in this category is higher than the n
Irony - Things Cost More If You Are Poor

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