No, it's not poverty. But as someone else mentioned, you can be asset rich and cash flow poor.
Of course, you can make changes to your situation to overcome that, but even in that situation, you are not living below the poverty line.
To be honest, I feel sorry for them...living beneath the stupidity line like that.
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Not a bad time to reflect that half the world (around 3 billion) live on less than $2.50 per day.
I think you friend needs to watch the 4 corners documentary called "growing up poor". It is really eye opening.
But no, your friend is well off, it is interesting that she thinks that is what poverty is.
We live on less than half of that (combined) for the 7 of us ( plus 1 away uni) and we are no where near the poverty line. We are paying of our own home. We have 4 at private school and 1 at uni
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like others have said... she has the means to get out of financial strife if need be. People living below the poverty line - umm.. don't.
I'd like to know how they earn that much, have 2 houses & receive MORE family centrelink than we do when we earn much much less than that & don't own any houses & are paying through the roof in rent?? I hardly consider us in poverty. Things r tight but if ur surviving ur not in poverty are you?
These people seriously have no idea. Frankly I wouldn't of been able to hold my tongue.
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