The article though is not advocating to live in poverty, but rather to live with just the right amount of FU Money to be able to make free choices. After this threshold the perspective if one is rich of poor becomes one of mindset and not so much based on the superficial metric of one's net worth.
This is fair if you think freedom is the most important thing. Having more money has real objective benefits and most people are fine with giving up some freedom to have those benefits.
It’s understandable why a regular member of society would feel that way - but as someone recently wanting to go the entrepreneurship route I have a different take
I wish I could live on the bare minimum and not mind doing things like living off food stamps and clipping coupons, and had a partner in the same mindset. That would open up so many options and increase my runway so much!
But as it is, I’ve never had to go through that and would never want to put my partner through that, so I have to make do with a higher minimum bar