I was researching poverty in Africa and was reading about their daily wages. Based on the article linked, 2/3 of Africans live on less than $1.25 USD, a day.
However, what this article and many other ones don't elaborate on is how that $1.25 is used.
I would like to better understand how African families use their money, and am especially interested to learn how much money goes into savings. For example, maybe 1 dollar is used for food and other necessities, and other $0.25 is kept as savings.
If anyone has any answers or data that may help answer this question, I appreciate any help. Thanks.