Nuevo poor is a financial situation where someone is poor without technically being poor.
It is when someone can afford most things, but they know their bank account though in the greens, is just one payment away from being in the reds.
Late last year, I was in conversation with an acquaintance and he asked me, “where is your money? Why aren’t you wealthy?”
The person in question can be categorized as rich. And I know him well enough to know that he didn’t ask the question as an insult.