#24: Poor Cost
Now for something that’s not so funny: the cost of being poor. Every little expense can add up and make life even more challenging when you’re living paycheck to paycheck. A report from the Brookings Institution shows that low-income households pay an average of $1,200 more per year for basic goods and services compared to higher-income households.
And the worst part is that these extra expenses can make it even harder to break the cycle of poverty. But there are ways to save money and make the most of your budget, whether shopping at discount stores or taking advantage of free resources in your community. We can do it!