Mininum Essential Budgets for Six Households Policy Implications of Changes in Minimum Essential Budgets 2006-2008
Issued: November 2008
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Summary
Updating the findings on an annual basis allows the changes in the financial situation of households in this study to be tracked over a period of time. Updating the study helps to identify and explain changes that have taken place for the six households and helps to keep attention focused on the fact that households unable to afford a Minimum Essential Standard of Living households will continue:
- To struggle unsuccessfully to cope on a daily basis
- Have unmet physical, mental, spiritual and social needs
- Become trapped in poverty
In its work on Budget Standards the Vincentian Partnership for Social Justice hopes to provide an insight into the income required for a Minimum Essential Lifestyle and in the process promote a more just and equal society.