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Poverty often breeds more poverty. If you can’t afford high-end products, you’ll have to pay more over time for cheaper things that break easily. Here are some of the most insidious expenses poor people have to pay simply for being poor.


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According to one user who worked at a gas station, many “broke” people bought the most expensive brand of cigarettes frequently. Not only is their health getting compromised, but so is their wallet.

Old Cars

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What may seem like a bargain can cost an arm and a leg. A user shared their experience of spending a lot of money on gas and repairs for his old truck. 

It can be challenging, but purchasing a certified used vehicle may save you a lot of money. If you must buy an old car, check the main components function properly to avoid costly repairs.

Lack of Preventative Care

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Simple things such as going to the dentist, annual physicals may seem inconvenient early on in life. However, preventative care can become costly down the road if ignored. If you’re too busy to maintain your health, save money monthly for the necessary treatments.

“Lack of preventative care. Cheap shoes or cheap mattress leads to more expensive medical care. Lack of dental maintenance leads to expensive surgeries. That kind of thing. 

“When you can’t afford preventative medical care, it catches up to you, leading to more expensive costs later.”

Bad Credit

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You may or may not agree with your credit score, but you must have excellent credit to make large purchases, including a car or a home. If you’re lucky enough to get a loan with bad credit, it will have a high-interest rate.


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Whether leasing a vehicle or renting a home, you’ll continue paying if you don’t own one. This ties into having excellent credit to make these large purchases. A user expressed the frustration of renting rather than owning.

Cheap Furniture

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A user explained that he was waiting for his furniture to arrive in his new house during a divorce. While waiting, he rented $10 furniture. 

However, this came at a cost beyond money. The staff members of this furniture company were rude and pressured this man to purchase their furniture. Unfortunately, the man didn’t budget, and he had an experience he’ll always remember.

Single Toilet Paper Rolls

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Buying in bulk saves a decent amount of money. However, for many, this isn’t an option.

“4 rolls of name brand toilet paper costs 6-7 dollars [while] 12 of the same brand and size costs 11 dollars.”

Lottery Tickets

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What most people see as an investment in a brighter future may backfire if overdone. For example, buying a lottery ticket a few times a year won’t set you back financially. However, some people spend money on lottery tickets daily, obsessed with hitting the jackpot.

Low-Quality Food

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Two foods that appear identical may not be. While you may save money purchasing food at bargain prices, it usually comes at the expense of your health. Generic brands or non-organic food won’t be packed with the quality ingredients your body needs to stay healthy.


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Kids are a blessing. The problem is many people don’t plan and have more kids than they can afford to raise. Many families turn out just fine, but they end up scraping by.

Designer Clothes

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The desire to look fresh out in public has many spending on clothes they can’t afford. 

Unfortunately, it’s uncommon to hear of people with unworn shirts or pants still carrying the price tag. Instead, evaluate your closet and note what you have versus what’s missing. Then, set a budget to help you purchase these items. It will take longer, but you will avoid accumulating debt and appreciate your things more.


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People with little money tend to apply for more loans than others. Although loans aren’t the problem, building up debt is. Loans are a big reason many are broke in the first place.

Live a Happy Life

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It can be easy to get lost in the cycle of poverty. If you don’t have much money, focus on saving small amounts and rejecting unnecessary expenses if you can. But regardless of how much money you have, it’s a good idea to refrain from judging others for their financial choices — you never know what they might be going through.

10 Beautiful Countries To Spend the Rest of Your Life in if You Have 200K

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If you have some money saved up and you’re looking for a change of scenery, there are a surprising number of places around the world where you can live on 200K for the rest of your life. Dive in to find where your next adventure awaits.

10 Beautiful Countries To Spend the Rest of Your Life in if You Have 200K

15 Expenses You Might Be Wasting Money On

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There’s nothing worse than wasting money on unnecessary items — especially if you don’t even know you’re wasting money. If you have any of these 15 expenses in your life, it’s time to say goodbye once and for all. 

15 Expenses You Might Be Wasting Money On

12 Rich People Things the Rest of Us Never Think About

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It’s no secret that money can buy you all sorts of weird and fabulous things. But what do rich people actually spend their money on? Dive into the world of wealth to find out where all that money goes.

12 Rich People Things the Rest of Us Never Think About

10 Celebrities Who Are Secretly Worth Billions

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You may have heard their music or seen them on TV, but who are the wealthiest celebrities? This list sheds light on the famous people with the most money — and it might not be who you think.

10 Celebrities Who Are Secretly Worth Billions

12 Things Inflation Hit Hard That Aren’t Worth Buying Anymore

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We’re all feeling the effects of inflation these days, and some services were hit harder than others. These 12 things probably aren’t worth the inflated cost, but we keep paying for them anyway. 

12 Things Inflation Hit Hard That Aren’t Worth Buying Anymore



Christopher Alarcon started Financially Well Off to make personal finance more enjoyable. He's passionate about self-improvement, personal finance, and interviewing entrepreneurs.

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