Myth: $2 a day

Extreme Poverty is defined as anyone living on less than about $2 a day. We still have hundreds of millions of people in that situation which is horrific and no one should ever have to go through it.

I don’t know about you, but there have been times when I would try to calculate what I could with $2 per day to see if there is a way that I could survive. Surely you can make anything work, if you budget well enough, were frugal with spending, survival would be possible. Extreme poverty can’t be that difficult. Can it?

Not only is that a harsh way to look at it, but my thinking also had a fundamental flaw. One of the most difficult aspects of life for those living in extreme poverty is the unpredictable manner in which they earn an income. Whilst in Australia, most of us know what our next pay check is going to be, when it will arrive in our bank account and how we can access it. In places like India for example, many work in unregulated areas and do so irregularly. They may earn $20 on day ten which averages out to $2 a day. Meaning that they don’t literally receive $2 every single day. It’s not neat and tidy and it makes budgeting and increasing financial security impossible.

There are many organisations, including Opportunity International, who are fighting against this and creating a way for people to earn a regular income to increase their financial security, making life just that little bit easier.