We can say that poverty refers to lack of money, We can consider weather individual are able to full fill their basic needs or not. If He/she are able to full fill their family's basic needs then we cannot consider them under poverty level. Poverty is said to exist when people lack the means to satisfy their basic needs. There are several things to determine poverty like poor education, unemployment, over population etc. We can reduce poverty with Productivity and incomes from occupations and livelihoods are important factors for reducing poverty. Social conditions such as health, nutrition, education and housing influence productivity, thus affecting poverty status.
That's true if a number of things are fulfilled, such as having a place to live (a house), access to education, health and daily basic needs, then the social status can be said to be not poor. Conversely, if access to these things is not fulfilled, a social gap will be created which will end up in poverty. In a broader definition of poverty, money plays an important role to improve social status and can provide access to opportunities and can be used for self-development.
I think even though poverty is often generalized by not having money. There are several other factors such as not having access to education, health, and business opportunities which can also be called poverty. By managing finances well and working hard, we can avoid poverty, of course it's not easy, but it's an obligation for every individual to improve the standard of living in society.
Its not merely a monetary issue, but rather one of access to the possibilities, health, and education that such funds make possible. No matter how hard people try, they wont get very far without these
Its true that working hard and being responsible with money can help people get out of poverty, but calling it a "obligation" is a bit much. Problems at this level are systemic. It is the responsibility of all members of society to ensure that everyone has access to quality education, healthcare, and opportunity. Therefore, it is not enough for individuals to make an attempt; collective action is required. Responsibility, not fault, is at issue here. I've witnessed firsthand the wonder of human resiliency and the dissonance of cultural norms. It certainly provokes some deep consideration