Monday, October 26, 2009

poverty line for the urban poor

This is really true for those living in big city like KL. To survive in KL with RM3000 per family per month is really impossible! Housing loan, children daily need, Insurance for whole family, vehicles maintenance, car loan, etc.... I will say RM5k is minimum to live in a no-worries-condition.

“If you have three children and your household income is RM3,000 or below, you’re almost at the poverty line,” he said, adding that many lower income families had more than four children and still needed to pay for their cars, houses and other mortgage payments.

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