In my opinion, the problem isn't that people don't have enough money to survive, but rather that they focus on wants instead of needs and prioritize appearances. They choose lifestyles beyond their means, and some resort to harmful actions like theft. Ultimately, the issue isn't a lack of money but rather greed and misplaced priorities.
If we live in an environment like that, it is very possible for bad events to happen, but if we live in an ordinary environment without any fear of missing out on our lifestyle, I think it won't be too affected.
It is only the influence of our mentality and moral burden on how to survive living with a financial condition that can only accommodate 50% of the income from our monthly needs in our daily lives.