Do the poor actually spend more money than the rich?

[King Belieal]

People always say that the poor spend more money than the rich people do. It sounds true to an extent. The poor always buy things in retail which is more expensive than buying in bulk, which the rich do.

Is it very true that the poor spend more money than the rich?

 

[Fidelia]

The poor spend more money and have more financial challenges than the rich. That is an established fact. Poor people rarely get discounts because they can't afford to buy in bulk.

 

[Springtime]

It is true that the rich can afford to buy in bulk and save some money. But on average, the rich spend more money than the poor. They buy luxurious goods, travel internationally and enjoy fine dining.

 

[Augusta]

Well for me i think the rich spend more money than the poor. The rich buys more goods and products than the poor because they have more money

 

[Miley]

No the rich spend more money than the poor cause they feel that the money is always available while the poor uses their wisely.

 

[Stardom22]

In most cases l have realised that the poor people doesn't spend too much compared to what the rich people spend for the truth of the matter. That is because most poor people doesn't have enough money for running their lives.

 

[freelancermaria]

The rich have greater means to buy items, which leads to higher spending. They can buy nearly anything they like without checking the price tag.

 

[eLdavis]

Poor people don't actually spend more than the rich cause they do not even have that much resources, the problem is they tend to spend more than their income.

 

[Kross]

Poor people spend more money on food more than the rich. They always buy in small quantities and that is more expenses.

 

[Augusta]

How can someone that is poor which means low money spend more than the person with money I don't think so