Cât costă, de fapt, să fii sărac?

Being poor incurs higher costs across various budget areas, termed the 'poverty premium.' In the U.S., this premium can range from $4,350 to $12,600 annually for low-income households compared to middle-class ones. Those without financial safety nets pay more for essential services, such as high-interest loans. In Romania, non-bank financial institutions charge exorbitant interest rates, leading borrowers to repay significantly more than borrowed amounts. Healthy food options are also pricier, costing about $1.50 more per day per person. The 'boots theory' illustrates how the poor end up spending more over time due to lower-quality purchases. Ultimately, poverty is not just about having less money but also about facing higher costs for basic needs.