That's roughly my concept of poverty - you may be functioning OK currently, but you're only one small crisis (late paycheque, car or washing machine repair bill, boiler dies, extra-cold winter, wallet stolen) from the 'which bills can I pay' dilemma.
Not having a financial cushion, in other words. Although the level of some bills is down to choices you make, it's hard to escape all of them.
The government define poverty in the UK as having less than 50% of median earnings (something like that), so it's relative. But depending on where and how you live, you might feel well off or incredibly poor on that amount.
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Not having a financial cushion, in other words. Although the level of some bills is down to choices you make, it's hard to escape all of them.
The government define poverty in the UK as having less than 50% of median earnings (something like that), so it's relative. But depending on where and how you live, you might feel well off or incredibly poor on that amount.