What is self-perceived poverty?

Self-perceived poverty refers to an individual's assessment of their own financial situation, where they identify themselves as being in poverty regardless of objective measures or income levels. This subjective view often encompasses feelings of deprivation and lack of resources necessary to meet basic needs or achieve a desired standard of living. It highlights the psychological and social dimensions of poverty, emphasizing how personal experiences and societal comparisons influence one's perception of economic status. Such perceptions can significantly affect mental health, social behavior, and overall quality of life.