Deals are for rich

America’s greatest grocery-store bargains are unattainable for poor shoppers

It’s expensive to be poor. A study from the University of Michigan is providing more evidence that low-income households are less able to take advantage of deals and saving opportunities, Michigan Radio reports. The nearly completed study indicates that poorer consumers are often stuck buying products at higher prices because they lack the resources to buy in bulk or wait for sales. When low-income households have cash on hand (right after payday, for example), they shop efficiently. But poorer shoppers often find themselves in a vicious cycle of paying more for necessities and then lacking the finances to buy the same items on sale or in greater quantity. ….[READ]

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