Poverty comes in many forms but one color: gray.
There is the poverty of the poor, the poverty of the rich, the poverty of the academically under-qualified, the poverty of the academically over-qualified. The poverty of the poor pretty much speaks for itself. The riches of the rich may be deceptive.
The biggest drain on them is education for the kids. Luxuries and pleasures can be sacrificed, but to compromise where the children are concerned is (or is seen to be) to deprive them of the leg-up they need (or are seen to need) to gain a foothold in life.