this post was submitted on 26 Jan 2026
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The other part of the equation here is not every body has 200$ to buy a cash phone, but these days you have to have a phone. So if ur poor what do you do? Spend 200$ you don't have on a cheap phone or walk out of verizon for 0$ with a brand new iPhone that retails for 1400$ but only cost u an extra 20$ a month for the rest of your life? It's the same reason a lot of poor people buy new Nissans (read about how they made money on subprime loans if ur interested) and it brings into perspective how expensive it is to be poor!