RISE ABOVE POVERTY. . . If you are born poor, it’s not your mistake BUT if you die poor, it’s your mistake. Poverty can be defined as a persistent shortage of the financial means necessary to upholding a relatively acceptable or comfortable quality of life. Rising above poverty involves improving several aspects of your personal and financial well-being using a number of different ethical methods. TIPS ON OVERCOMING POVERTY: 1. Avoid unnecessary spending. Dont spend money on anything you dont need. 2. Increase your income. Effectively ending poverty requires that you have a steady stream of income that not only covers your monthly financial obligations, but that also allows you to save for and invest in a future without poverty. 3. Learn about money management. When you are on a restricted budget, it is important that you take measures to organize and allocate your income funds so that you are meeting your financial obligations as well as accounting for your future goals. 4. Side work. If you have a marketable talent or skill, then you can use it to generate extra income for overcoming poverty. For example, you can go into singing, photography, fashion designing, computer related business, cook meals, clean houses, plait hairs or paint to make extra money. 5. Investments. 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 permanently overcoming poverty. God says in Deuteronomy 15: 4 “In any case, there shouldnt 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”.
Posted on: Tue, 20 May 2014 00:13:15 +0000
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