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fryheid | 29 days ago (raw) | root | parent | reply | flag +3 
 The example of not buying dollar store underwear wasn’t that clear to me until I remembered Boots theory https://en.m.wikipedia.org/wiki/Boots_theory
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kineticfinance | 29 days ago (raw) | root | parent | reply | flag 
 this is a great reference. some people are forced into high time preference purchases only because there is no alternative at certain income levels