The boots theory is an economic theory that people in poverty have to buy cheap and subpar products that need to be replaced repeatedly, proving more expensive in the long run than more expensive items.

https://en.wikipedia.org/wiki/Boots_theory

  • pantyhosewimp@lemmynsfw.com
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    5 months ago

    I may have dragged it out to 2 years, but yes.

    As for $400 in one go, yes. It was new underwear time. The expense was bigger than normal so I didn’t spend money in other areas to make up for it.