The Cost of Being Poor

2/18/2023

This blog post explores the hidden costs associated with being poor and the financial challenges that low-income individuals and families face. It discusses how individuals in poverty often have limited access to affordable housing, reliable transportation, and healthy food options, which can result in increased expenses and financial instability. The article also delves into the concept of the poverty premium, where individuals living in poverty end up paying more for basic goods and services compared to their higher-income counterparts. It highlights the importance of addressing systemic inequalities and providing resources and support to help break the cycle of poverty.

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