According to the US Census Bureau, about 37.9 million people in the States are living in poverty, and more than 60% of us are living check to check.
However, there's a misnomer that being poor comes with lower associated costs, and this could not be further from the truth. So, I'm curious — speaking from your own experience, what are all the ways in which being poor can actually be super, super expensive?
Maybe you were never able to afford medical insurance, and one day you got into an accident that broke your leg. The out-of-pocket costs for an emergency room visit, X-ray, cast, follow-ups, and pain medication added up to more than you could afford.
Maybe you've noticed how a lot of grocery store deals involve saving money on your most-used items when buying in sets of two or four, but you can't afford to buy that many things at one time, so you have to pay full price.
Or maybe you saved for years and finally have enough to make a down payment on a house, but your credit score isn't the best because you've had to make sacrifices along the way. Now your interest rate is higher than the average person's, and the monthly payment for the house is out of reach.
