20 Things Poor People Foolishly Waste Money On

By Trista
20 Things Poor People Foolishly Waste Money On

Different socioeconomic classes spend their money on different things. For example, rich people will usually buy more healthy foods than the poor. The poor will often spend more money on bills than anything else. At the same time, all groups waste their money, but they do so on different items. 

This article will show you how poor people waste their money. The point of the article is not to make you feel wrong about the way you spend your money. It’s to make you think about how you spend your money. When you know what you can afford, you may find yourself climbing up the socioeconomic ladder. So take a moment to learn about where you waste your money and how you can fix it in our list below.

No matter what income level you sit at, you buy junk food is a significant waste when you are struggling to put food on your table. Shutterstock.

20. Junk Food

There is a myth that poor people can’t buy healthy foods because they are too expensive. Have you stood back and looked at the price of fresh fruits and vegetables compared to chips, ice cream, and cookies? When it boils down to it, junk food is more expensive as it doesn’t last as long as a bag of carrots or a head of lettuce. Plus, the way your body feels simply isn’t worth the price of junk food. 

Many poor people think rich people will go out for lobster often or that they eat in fancy restaurants, but the reality is that most people who are considered rich don’t do this. They like to focus on eating healthy in their own home by buying fresh vegetables, fruit, and foods high in healthy fats. The truth is, rich people save money by taking this route, and poor people can learn from this. Therefore, put down that nearly $5 bag of chips and pick up the bag of carrots that costs $0.82 per pound.