Poverty finance refers to the financial struggles and challenges faced by individuals and families living in poverty or on a low income. It includes the difficulties of managing day-to-day expenses, such as housing, food, and healthcare, as well as dealing with unexpected expenses and emergencies. Poverty finance can also refer to the lack of access to financial resources, such as loans and credit, as well as limited financial education and knowledge. Strategies and solutions for poverty finance include budgeting, saving, accessing government assistance programs, and improving financial literacy.
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