According to the subjective approach to poverty, we learn from asking people. It is based on an individual’s perception of their financial or material condition. As such, poverty is defined based on how individuals feel such that those that feel poor are taken to represent subjective poverty (Van Praag and Ferrer-i-Carbonell, 2008.).The approach involves four main ways through which poverty can be measured;
· Ask people to assess their poverty status.
· Ask people about the minimum consumption they consider necessary, and then ask whether their consumption meets that standard.
· Ask people about the minimum consumption necessary, and obtain objective information about income to determine whether the households meet that criterion.
· Ask people where the poverty line (in consumption) should be set.