5 Things That Are More Expensive For Poor People
Click here to get your tickets to TFD's Career Day! If you can't join live, you'll still receive a recording of each session: https://www.eventbrite.com/e/career-day-tickets-137701473815?aff=YouTubePromo
In this episode, Chelsea talks about the high costs of poverty, and the higher premiums people living in poverty often have to pay.
Federal poverty line: https://aspe.hhs.gov/poverty-guidelines
Food spending stats: https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/#:~:text=In%202019%2C%20households%20in%20the,representing%208.0%20percent%20of%20income
Lower cost of less nutritious food: https://naldc.nal.usda.gov/download/34238/PDF#:~:text=In%20rural%20areas%2C%20food%20prices,percent%20above%20the%20national%20average
Food deserts: https://foodispower.org/access-health/food-deserts/
Auto loan interest rates: https://www.creditkarma.com/auto/i/what-are-subprime-auto-loans
Necessity rental prices: https://www.nerdwallet.com/article/finance/rent-a-center-prices
Cost of frequent moves: https://www.census.gov/prod/1/statbrief/sb94_18.pdf
Working multiple jobs: https://www.census.gov/library/stories/2019/06/about-thirteen-million-united-states-workers-have-more-than-one-job.html
Health insurance premiums: https://www.ehealthinsurance.com/resources/small-business/average-cost-of-employer-sponsored-health-insurance
No health insurance: https://www.census.gov/newsroom/press-releases/2020/income-poverty.html#:~:text=The%20number%20of%20people%20in,point%20during%20the%20year%2C%20respectively.&text=The%20Supplemental%20Poverty%20Measure%20
Annual physical costs: https://health.costhelper.com/physical-exam.html
Recurring bills: https://www.washingtonpost.com/news/posteverything/wp/2018/01/25/why-it-costs-so-much-to-be-poor-in-america/
Bank fees: https://www.thebalance.com/bank-fees-you-need-to-stop-paying-3576590
Need-based programs costs: https://files.eric.ed.gov/fulltext/ED485918.pdf
Check cashing: https://www.nerdwallet.com/article/banking/cash-check-paying-high-fees
NCSL: https://www.ncsl.org/research/financial-services-and-commerce/payday-lending-state-statutes.aspx
Most underbanked communities: https://www.americanprogress.org/issues/economy/reports/2014/10/30/99967/millions-of-americans-are-outside-the-financial-system/
Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc
The Financial Diet site: http://www.thefinancialdiet.com
Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en
Видео 5 Things That Are More Expensive For Poor People канала The Financial Diet
In this episode, Chelsea talks about the high costs of poverty, and the higher premiums people living in poverty often have to pay.
Federal poverty line: https://aspe.hhs.gov/poverty-guidelines
Food spending stats: https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/#:~:text=In%202019%2C%20households%20in%20the,representing%208.0%20percent%20of%20income
Lower cost of less nutritious food: https://naldc.nal.usda.gov/download/34238/PDF#:~:text=In%20rural%20areas%2C%20food%20prices,percent%20above%20the%20national%20average
Food deserts: https://foodispower.org/access-health/food-deserts/
Auto loan interest rates: https://www.creditkarma.com/auto/i/what-are-subprime-auto-loans
Necessity rental prices: https://www.nerdwallet.com/article/finance/rent-a-center-prices
Cost of frequent moves: https://www.census.gov/prod/1/statbrief/sb94_18.pdf
Working multiple jobs: https://www.census.gov/library/stories/2019/06/about-thirteen-million-united-states-workers-have-more-than-one-job.html
Health insurance premiums: https://www.ehealthinsurance.com/resources/small-business/average-cost-of-employer-sponsored-health-insurance
No health insurance: https://www.census.gov/newsroom/press-releases/2020/income-poverty.html#:~:text=The%20number%20of%20people%20in,point%20during%20the%20year%2C%20respectively.&text=The%20Supplemental%20Poverty%20Measure%20
Annual physical costs: https://health.costhelper.com/physical-exam.html
Recurring bills: https://www.washingtonpost.com/news/posteverything/wp/2018/01/25/why-it-costs-so-much-to-be-poor-in-america/
Bank fees: https://www.thebalance.com/bank-fees-you-need-to-stop-paying-3576590
Need-based programs costs: https://files.eric.ed.gov/fulltext/ED485918.pdf
Check cashing: https://www.nerdwallet.com/article/banking/cash-check-paying-high-fees
NCSL: https://www.ncsl.org/research/financial-services-and-commerce/payday-lending-state-statutes.aspx
Most underbanked communities: https://www.americanprogress.org/issues/economy/reports/2014/10/30/99967/millions-of-americans-are-outside-the-financial-system/
Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc
The Financial Diet site: http://www.thefinancialdiet.com
Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en
Видео 5 Things That Are More Expensive For Poor People канала The Financial Diet
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
30-Minute At-Home Boxing Workout9 "Responsible" Decisions That Secretly Waste Your Money8 Adulthood Tasks No One Prepares You For8 Insane Things Rich People Think Are Normal12 Things I No Longer Spend Money On In My 30s5 "Good Investments" That Are Actually Total Scams | The Financial Diet6 Secrets I Learned Working For Rich People11 Life-Upgrading Purchases You Should Never Feel Guilty AboutMy 7 Dirt-Cheap Solutions to Potentially-Expensive Problems15 Expenses You're Not Including In Your Budget, But Should Be10 Purchases You Think Will Improve Your Life, But Won'tHow To Save Money, No Matter How Much You Earn8 Personal Finance Memes That Are Actually TerribleA Social Media Rant: Why I Hate Toxic Positivity8 Zero-Dollar Swaps To Help You Instantly Start Living Better8 Financial Realities That Are Making Americans' Lives Terrible | The Financial DietMy Honest Thoughts On Minimalism, MLMs, The FIRE Movement, And More5 Questions You Should Ask Someone Before You Marry Them | The Financial Diet11 Questions To Ask Before Spending $100