While everyone has their own way of balancing spending habits and savings goals, certain patterns tend to be more common among different income groups. Understanding how the poor, middle class, ...

With that in mind, here are seven items poor people tend to waste money on that other classes don’t. Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move?

Learn More: 7 Reasons a Financial Advisor Can Grow Your Wealth in 2024 According to Buffett, here are 10 things poor people waste money on and what he does instead.. Low-Value Investments “The ...

Here are 11 things broke people waste money on that the wealthy wouldn't pay a penny for. But it's not because of spending habits; rather, it's a social and institutional problem.

Check Out: Warren Buffett: 10 Things Poor People Waste Money On. Dining Out and Fast Food. Prepping food takes time, but it can help consumers save serious money.

With that in mind, here are seven items poor people tend to waste money on that other classes don’t. Low-Quality Goods. People with lower incomes might be more inclined to purchase inexpensive, ...