~”annual income 19 pounds 6”
~”annual expenditure 20 pounds”
What matters in measuring poverty is the net income after withholding to fixed expense ratio.
Chattels are usually not a realistic measure of wealth or poverty.
If you have a $2,000 rent monkey on your shoulders it can be a problem if only making $15/hour.
[~”annual income 19 pounds 6”
~”annual expenditure 20 pounds”
What matters in measuring poverty is the net income after withholding to fixed expense ratio.
Chattels are usually not a realistic measure of wealth or poverty.
If you have a $2,000 rent monkey on your shoulders it can be a problem if only making $15/hour.]