Why Buying Cheap Keeps You Poor

Описание: Buying cheap feels smart in the moment. It feels responsible. It feels like you’re saving money.
This video breaks down the illusion of cheap—why low upfront prices often lead to higher long-term costs, more stress, and repeated replacement purchases. Using real-world examples and behavioral economics, we explore how buying cheap can quietly keep people financially stuck, even when they’re trying to be careful with money.
We cover concepts like the Boots Theory, planned obsolescence, survival-mode spending, and why short-term affordability often overrides long-term value. This isn’t about blaming people for their choices—it’s about understanding the system that nudges you toward decisions that feel cheaper today but cost more over time.
If you’ve ever wondered why you keep replacing the same items, or why “saving money” never seems to translate into real financial progress, this video will change how you think about spending, quality, and value.
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Disclaimer
I am not a financial advisor, certified financial planner, or licensed investment professional. The content on this channel is for educational and entertainment purposes only and should not be considered financial or investment advice. Examples and scenarios discussed are illustrative and hypothetical. Individual financial situations vary based on income, expenses, and personal circumstances. Always do your own research and consider consulting qualified professionals before making financial decisions.