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What is this talk of "extreme poverty"?

Let's assume for the sake of argument that Americans earning the minimum wage are living in "extreme poverty" (which is not true in my opinion, but let's be conservative).

The median household income in US is around U$50k.

http://en.wikipedia.or/wiki/Household_income_in_the_United_S...

So the median household is already living above poverty. You alone can earn more than $50k as a junior programmer. You probably have above average programming skills, and will eventually earn 100k if you get a job in a big company and stick to it.

You don't even need to live too frugally. You only need to pretend your income is $50k -- you'll still live at least well as the median household -- and sock the rest away in very conservative investments.



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