Reply To: Accepting Tzedaka – How Poor?

Using that formula, a family of 7 (5 children) that doesn’t have at least over $37,000 on hand (that’s without even offering a greater allowance than $5/meal for Shabbosim and Yomim Tovim – 7x5x3x354=37170) can collect tzedaka.

Presumably they must take into account all their liquid savings (including retirement accounts, if any). I would assume if they own the home they live in that would not be taken into account for this purpose.