How can money safe us out of the hands of poverty

[Oluwasegun purpose]

Money is one of the importance in our life ,because no one on earth can live without money there are lot of things money can do and also be of help to us ,for example we need money to achieve so many things and buy so many things like buying of food stuff,buying of materials things,it also help in paying of children school fees and also paying of the house rent.. All these are the use of money , so with these you can now how money is so important to us ..

Now how can money safe us out of poverty is that we need to learn how to save , if you don't know how to save that mean you not ready to come out of poverty, at least you should try and save part of your income or salary that is the only way you can safe yourself out of poverty..

 

[Ithedicious]

Yes, saving is very important and that is what every body must try as much to do . Without proper saving plan you won't even have money to engage in any profitable ventures that will help your life..

That is why sometimes if your current salary is not able to sustain you and give you enough saving , you should try to engage in other business you believe will help you generate enough money to have a better saving.. it is not just about saving , you can use your personal saving to start up a business or maybe invest in real estate.

A lot of people may be saving for different reason, but to me I believe investment is one of the most important way of committing our money and putting it into action for the money to work for us because we will definitely have an interest after a certain period of time.

 

[Suba]

In my opinion, money cannot lift us out of poverty, but only ourselves can get us out of the cycle of poverty. Many people have received a large inheritance, but it runs out somewhere, but on the other hand, many people have nothing, because of their disciplined, thrifty and hard-working personality, they will be able to get out of poverty.

Although money is very important or meaningful in our lives, but money is not everything, you can never be controlled by money, so you will become greedy and greedy and will do bad ways to get money, but you must be able to control money by saving and invest so that one day you can achieve financial freedom

 

[Mika]

What does poverty mean?

Isn’t that a state of not having money?

How much money do you need so that you are not classified as “poor”?

According to the World Bank definition, if you don’t generate $1.9 per day, you are below the poverty line or are living in extreme poverty. Sadly, a lot of people are extremely poor (about 9.2 percent of the global population). Even though most of the world’s poorest people live in Africa and Asia, the United States also has 10.5 percent of people living in extreme poverty.

In order to get away from poverty, you need to make money, you can make money only when you have knowledge and skills, you can have knowledge and skills only when you get an education. Education does not always mean going to school and college. You can get an education even in the real world.

If you are already making money, but still living in poverty, you need to try to make more money, save more money, and invest more money.