If you are born poor, it is not your fault but if you die poor, it’s your fault. Poverty can be defined as a persistent shortage of the financial means, necessary to upholding a relatively acceptable or comfortable quality of life.
How to escape poverty
- Avoid unnecessary spending – Do not spend your salary or income, or whatever money you have on things you don’t need
- Increase your income – Get steady streams of income if you want to avoid poverty; you must have income streams that not only cover your monthly financial obligations, but that also allow you to save and invest for your future.If you have a sellable talent or skill, use it to generate extra income. You can go into singing, photography, fashion designing, computer related business, cook meals, clean houses, plait hair or paint to make extra money.
- Avoid short-cuts to wealth – Poll betting and online betting promise instant wealth but in truth, you’re pouring water into a basket. Dabbling into prostitution, hard drugs sales, 419 business and kidnapping will make you poor because you will get to the end of the road one day
- Invest – Speak with a financial adviser about investment ideas that you can use to leverage a small amount of money into a larger one like real estate and stocks. This way you can make your money work for you, toward your goal of becoming financially free and permanently overcoming poverty.
Start these steps today and you will escape poverty and become financially free. Do not wait for tomorrow!
God says in Deuteronomy 15: 4, “In any case, there shouldn’t be any poor people among you, because the LORD your God will certainly bless you in the land he is giving you as your own possession.”