How To Stop Being Poor: Breaking The Cycle Of Poverty

[Yusra]

There is no one-size-fits-all answer to this question, as the causes and solutions to poverty can vary greatly depending on the individual and the circumstances they are in. However, here are some general tips that can help someone break the cycle of poverty:

1. Get an education

Education is often the key to better job opportunities and higher earning potential. Investing in education can help open up doors to higher paying careers and improve one's long-term prospects.

2. Develop a savings habit

Building up a savings cushion can provide a safety net in case of unexpected expenses or job loss, and can also help with larger expenses like buying a home or starting a business.

3. Look for ways to increase income

Consider taking on a second job, starting a side hustle, or asking for a raise at your current job to increase your income. This can help provide the financial stability and flexibility needed to break the cycle of poverty.

4. Seek out government assistance programs

Many governments offer programs and services designed to help low-income individuals and families. These can include things like food assistance, housing assistance, and healthcare assistance.

5. Build a support network

Surrounding oneself with supportive friends, family, and community members can provide emotional and practical support during difficult times. This can include help with things like childcare, transportation, or advice on job opportunities.

 

[Augusta]

The first and most outstanding way of stopping the cycle of being poor or remaining broke is to have a job or run a profitable business even with one's degree or degrees without a job you just have potentials but no money so you still be broke

So the bottom line is that one needs to make money to live above poverty, of course poverty means lack of money to cater for one financial requirements so even beauty, good morals and other things can not stop one from being broke it is only money that will keep you afloat financially so look for money.