10 things poor people waste money on

1. Lottery tickets: Spending money on lottery tickets in hopes of winning a large sum of money can be a waste of money, as the odds of winning are extremely low.

2. Tobacco and alcohol: Poor people often spend a significant portion of their income on cigarettes, alcohol, and other addictive substances, which can be expensive and detrimental to their health.

3. Fast food and junk food: Opting for convenience foods like fast food and processed snacks can be more expensive than cooking meals at home with fresh ingredients.

4. Brand-name products: Choosing brand-name products over generic or store-brand alternatives can be costly and may not offer better quality or value.

5. Payday loans: Turning to payday loans or other high-interest borrowing options can trap people in a cycle of debt and financial hardship.

6. Unused subscriptions: Paying for subscriptions to services or memberships that are rarely used or not necessary can drain money from your budget.

7. Impulse purchases: Making impulse buys on unnecessary items can quickly add up and lead to overspending.

8. Expensive coffee drinks: Regularly purchasing expensive coffee drinks from cafes can be a costly habit that adds up over time.

9. Late fees and overdraft charges: Poor money management and failing to pay bills on time can result in costly late fees and overdraft charges.

10. Keeping up with appearances: Trying to maintain a certain lifestyle or image by overspending on material possessions, clothing, or luxury items can lead to financial strain and debt.