In this paper, our focus will be on individuals experiencing absolute poverty. By definition, this is the state of being poor wherein the individual lacks the income to sustain their daily needs and wants, leading to extended periods of “bankruptcy.” When talking about cash or money, poor people will less likely to have some immediately at hand with them. If ever they do have some extra cash though, chances are they will use it to buy supplies (like canned foods) because during times of emergencies, these items are sure to have a higher utility value than cash itself. Some of them will use the extra money for gambling because they wanted to take the chances of becoming rich in the shortest time possible. These are however the conventional views on poor people. But what we learned from the literatures and theories prove to be the opposite though.In the theoretical framework, we have seen some of the theories supporting the “poor can save” argument. In support to these theories, the review of related literature part of this paper also highlights that people who are under the poverty line have at least one of the two factors in savings, which are the capacity and willingness to save a part of their income for the future, or both. These two things give us a strong argument that the poor people do save.