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Author Topic: Poor people need solution now  (Read 1878 times)
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February 11, 2024, 07:10:20 PM
 #101

I think a large number of people will find it difficult to see this, let's just say people on this forum read your post and understand what you are saying but what about people out there?
I think they are so busy working that they forget what they really need, this system has been created a long time ago, and it will be difficult to get rid of it.

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February 11, 2024, 08:36:11 PM
 #102

I think poor people and rich people will still exist. Just like you said. However, there should not be a gap that is too big. For example, every poor person can get easy access to health and education. The government can help provide/subsidize basic needs such as food, health and education so that poor people do not have to struggle to survive. Some rich countries can do this, but there are still many developing countries where poor people have to struggle to survive.

It's true, that no matter how developed a country is and how *organized* and well-managed its system and government are, there will always be poor people because they don't work to finish poverty, they don't care much about that. The USA is one of the most developed countries in the world, and you can find homeless people sleeping on the streets looking at every passing individual hoping to get some help and food because they are hungry and helpless.

If that is the situation of the world's superpower country, what do you expect from countries that don't even have a good government to talk about? There are only a few countries in the world where you can barely find a poor person because they believe in financial equality and all their people are provided with education from the beginning so that they can find jobs and live a good life, but that isn't the case all around the world.

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February 12, 2024, 01:49:38 PM
 #103

Banks are essential whereever you life - can you find any alternative to them - yet? that is easy to use and everyone accepts is and has access to it? Nope, I dont and I am sure you dont as well.

While I do appreciate the enthusiasm to find an alternative and pitch crypto as the savior, you need to improve its acceptance in the locality first. Maybe then the government will take notice and do something different?

So far I believe and indeed I feel that the presence of banks really helps people whether they are poor or rich and I think so far nothing can replace the role of banks in people's lives, some alternatives that look pretty good like crypto which on the other hand can make people know more and feel about its benefits in life but basically not all people can accept the presence of something that is considered to be a solution or savior, and of course for this problem it is the business of the government that has the power which of course can convince and increase trust in the community if it is necessary to make changes.

Humans are now very dependent on banks, in fact the current world economic cycle is driven by banks as a place for entry and exit of fiat currency and with the emergence of cryptocurrencies, this has encouraged banks to adopt cryptocurrencies with the aim of following trends. 
Currently there are several banks that are starting to study how blockchain technology works and have also started trying to adopt it. The presence of banks cannot be removed from human life today, since the beginning of the emergence of banks, it has been inherent.



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February 12, 2024, 04:18:32 PM
 #104

Often poor people like to be poor.  They are given a chance - for example, a big lottery win - but they spend it all without investing anything in the possibility of a steady income. They buy villas, cars, furniture in huge quantities, without thinking that they have to maintain it all. In the end, the money runs out - and the balance sheet is a pile of illiquid. They sell the rest for pennies, which they also spend. Poverty is often a psychological problem
You are right that there's often a lack of proper financial management skills in the poor because they are mostly illiterate as they can't afford studies and even if they did study a little bit when they were young, they never had enough money they could manage properly to learn management skills when it comes to finances, so they lack such skills which is why when they manage to get a lot of money from somewhere all of a sudden, they don't understand how they should use it, so they waste most or all of it.

However, this isn't limited just to one financial class, even a person who is rich but didn't earn the money themselves but just got all the wealth in inheritance, would barely be able to manage things properly, and will eventually spend it all and wealth will keep reducing and their businesses will shut down eventually for a lack of management.

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February 12, 2024, 06:14:51 PM
 #105

That is because it's often a rare occurrence for the poor to have money. When they do come into possession of money, they may not know how to handle it properly. They tend to spend it on unnecessary things that they've never been able to afford before, rather than investing it. This is because they lack knowledge and experience in making financial decisions.
I have also come across poor people who have traits like that, but poor people are generally like that. There are definitely some of them who are smart at managing their finances even though they themselves rarely hold large amounts of money so they are not used to using money for important things. However, we also need to know that at this time not all poor people are stupid when it comes to using money, because a small number of them also know how to manage money well and spend it on important things without any obstacles.
Yes, and since they are in that kind of situation, Some people are uncertain of the best way to invest their money. This confusion can be compounded by the influence of family and friends who encourage them to spend it on activities that are enjoyable and fun. Without them realizing that the money they have will be easily spent.

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February 12, 2024, 06:23:34 PM
 #106

Banks are essential whereever you life - can you find any alternative to them - yet? that is easy to use and everyone accepts is and has access to it? Nope, I dont and I am sure you dont as well.

While I do appreciate the enthusiasm to find an alternative and pitch crypto as the savior, you need to improve its acceptance in the locality first. Maybe then the government will take notice and do something different?

So far I believe and indeed I feel that the presence of banks really helps people whether they are poor or rich and I think so far nothing can replace the role of banks in people's lives, some alternatives that look pretty good like crypto which on the other hand can make people know more and feel about its benefits in life but basically not all people can accept the presence of something that is considered to be a solution or savior, and of course for this problem it is the business of the government that has the power which of course can convince and increase trust in the community if it is necessary to make changes.

Humans are now very dependent on banks, in fact the current world economic cycle is driven by banks as a place for entry and exit of fiat currency and with the emergence of cryptocurrencies, this has encouraged banks to adopt cryptocurrencies with the aim of following trends. 
Currently there are several banks that are starting to study how blockchain technology works and have also started trying to adopt it. The presence of banks cannot be removed from human life today, since the beginning of the emergence of banks, it has been inherent.
As long government exist then those centralized institutions would really be that existing no matter what and since all of people do really had been dealing up with traditional stuffs then its not really that shocking
anymore that we would really be sticking into something on which we know that this is something that would be normal for people on sticking on. Banks might recognize blockchain technology but it would really be just that good into that on which we know that there's no way that we could really be able to force them on dealing or integrating those decentralized cryptocurrencies that currently expecting
This is why as of today on which this market had existed then it did really give out that kind of opportunity for us on dealing up with something that we can be able to have those other opportunities
for us to make some income which it cant be that something be traced or monitored. Being poor isnt a mistake though but what makes it wrong is on the moment that you wont really be finding
yourself some alternative for you to make yourself that at least progressive on the time that you do live.

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February 12, 2024, 08:18:48 PM
 #107

Humans are now very dependent on banks, in fact the current world economic cycle is driven by banks as a place for entry and exit of fiat currency and with the emergence of cryptocurrencies, this has encouraged banks to adopt cryptocurrencies with the aim of following trends. 
Currently there are several banks that are starting to study how blockchain technology works and have also started trying to adopt it. The presence of banks cannot be removed from human life today, since the beginning of the emergence of banks, it has been inherent.
All activities today will be closely related to banks and everyone who wants to pay for the goods they want to buy uses money and if they order goods somewhere of course they need the money in their bank account to be able to pay for the goods they want to have. and with the emergence of crypto, this will create another alternative for making payments, but not all places can accept crypto as a form of payment that we can get in every place, like fiat currency.

Yes, it is indeed impossible that the banking system can be easily removed from human life because it has been deeply embedded in people's daily lives as a means of storing money and also as a legal means of payment in every country.
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February 13, 2024, 02:38:39 AM
 #108

Often poor people like to be poor.  They are given a chance - for example, a big lottery win - but they spend it all without investing anything in the possibility of a steady income. They buy villas, cars, furniture in huge quantities, without thinking that they have to maintain it all. In the end, the money runs out - and the balance sheet is a pile of illiquid. They sell the rest for pennies, which they also spend. Poverty is often a psychological problem
You are right that there's often a lack of proper financial management skills in the poor because they are mostly illiterate as they can't afford studies and even if they did study a little bit when they were young, they never had enough money they could manage properly to learn management skills when it comes to finances, so they lack such skills which is why when they manage to get a lot of money from somewhere all of a sudden, they don't understand how they should use it, so they waste most or all of it.

However, this isn't limited just to one financial class, even a person who is rich but didn't earn the money themselves but just got all the wealth in inheritance, would barely be able to manage things properly, and will eventually spend it all and wealth will keep reducing and their businesses will shut down eventually for a lack of management.
Agree with you because what you said is the correct reality. Those who are poor are backward in every way. A poor influence can be seen in their thinking, mentality and everything. If some money suddenly comes to them, they get emotional and cannot manage it properly. Once it is seen that they have nothing, they become poor again as before. If they approach it properly with humanity and work with the future in mind, only good things are possible.  Besides, nothing good is possible.
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February 13, 2024, 03:39:46 AM
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 #109

Often poor people like to be poor.  They are given a chance - for example, a big lottery win - but they spend it all without investing anything in the possibility of a steady income. They buy villas, cars, furniture in huge quantities, without thinking that they have to maintain it all. In the end, the money runs out - and the balance sheet is a pile of illiquid. They sell the rest for pennies, which they also spend. Poverty is often a psychological problem
You are right that there's often a lack of proper financial management skills in the poor because they are mostly illiterate as they can't afford studies and even if they did study a little bit when they were young, they never had enough money they could manage properly to learn management skills when it comes to finances, so they lack such skills which is why when they manage to get a lot of money from somewhere all of a sudden, they don't understand how they should use it, so they waste most or all of it.

However, this isn't limited just to one financial class, even a person who is rich but didn't earn the money themselves but just got all the wealth in inheritance, would barely be able to manage things properly, and will eventually spend it all and wealth will keep reducing and their businesses will shut down eventually for a lack of management.
People who experience the fate of poverty certainly have quite a heavy burden on their minds, financial problems that they have to think about every day make them always fail to think positively. I don't think that people who have the fate of being poor are a result of laziness, but rather that they are destined to come from poor families for generations and it is very difficult to get out of that zone. Unless the government and companies are really serious about helping them by providing financial assistance and job training to create creative self-development. In other cases, I am also very annoyed to see people who waste opportunities, let alone spend their inheritance and are wasteful and that is how poverty will continue to plague them.

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February 13, 2024, 06:16:53 AM
 #110

Yes, and since they are in that kind of situation, Some people are uncertain of the best way to invest their money. This confusion can be compounded by the influence of family and friends who encourage them to spend it on activities that are enjoyable and fun. Without them realizing that the money they have will be easily spent.
this is the importance of financial education, i think education about financial should be free so people know what they are doing with their money, lets be frank here people who have no idea about how money work will just thinking about buying thing they want to buy by the means of saving, for financially educated people, that might not be the best. after all, if we can invest and get passive income instead, we might be able to buy stuff we need while retaining our capital not throwing it around.
thats the advantage of being educated about finance, we know what we can do with the money in our hands, this is also the reason why people are really heard to get out of poverty, because lacking of financial education.
financial education should take place first these days.

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February 13, 2024, 10:40:15 AM
 #111

Often poor people like to be poor.  They are given a chance - for example, a big lottery win - but they spend it all without investing anything in the possibility of a steady income. They buy villas, cars, furniture in huge quantities, without thinking that they have to maintain it all. In the end, the money runs out - and the balance sheet is a pile of illiquid. They sell the rest for pennies, which they also spend. Poverty is often a psychological problem
You are right that there's often a lack of proper financial management skills in the poor because they are mostly illiterate as they can't afford studies and even if they did study a little bit when they were young, they never had enough money they could manage properly to learn management skills when it comes to finances, so they lack such skills which is why when they manage to get a lot of money from somewhere all of a sudden, they don't understand how they should use it, so they waste most or all of it.

However, this isn't limited just to one financial class, even a person who is rich but didn't earn the money themselves but just got all the wealth in inheritance, would barely be able to manage things properly, and will eventually spend it all and wealth will keep reducing and their businesses will shut down eventually for a lack of management.
People who experience the fate of poverty certainly have quite a heavy burden on their minds, financial problems that they have to think about every day make them always fail to think positively. I don't think that people who have the fate of being poor are a result of laziness, but rather that they are destined to come from poor families for generations and it is very difficult to get out of that zone. Unless the government and companies are really serious about helping them by providing financial assistance and job training to create creative self-development. In other cases, I am also very annoyed to see people who waste opportunities, let alone spend their inheritance and are wasteful and that is how poverty will continue to plague them.

In my opinion, the problem that often occurs in every family is finances. This is a major problem that often occurs in many circles of society, lack of employment opportunities may be one of the problems, also currently many young people are lazy to work because they are trapped in a comfort zone even though it does not produce clear income such as collecting money. with their friends from night to morning just to stay up late playing games, this is not profitable but is detrimental to their health, and I call them a burden on the family.

In my opinion, even if the government helps, it won't be much help, if the help is in the form of objects, maybe it would be better for the government to provide decent work for them. Even though they don't have the skills, I think if they have awareness they will force themselves to work in order to produce results. If poverty is destiny then we have to change it, and that is up to our own desires, because no one wants to stay in poverty, I think everyone definitely wants financial freedom, but there are still many of them who are lazy, because it is destiny Being poor doesn't mean you don't have to work or try, of course as humans we have to be willing to try to achieve success, and effort will not betray the results. That's a saying that I instilled in myself, if we ourselves have good efforts then there will definitely be good results.

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February 13, 2024, 06:46:17 PM
 #112

Yes, and since they are in that kind of situation, Some people are uncertain of the best way to invest their money. This confusion can be compounded by the influence of family and friends who encourage them to spend it on activities that are enjoyable and fun. Without them realizing that the money they have will be easily spent.
this is the importance of financial education, i think education about financial should be free so people know what they are doing with their money, lets be frank here people who have no idea about how money work will just thinking about buying thing they want to buy by the means of saving, for financially educated people, that might not be the best. after all, if we can invest and get passive income instead, we might be able to buy stuff we need while retaining our capital not throwing it around.
thats the advantage of being educated about finance, we know what we can do with the money in our hands, this is also the reason why people are really heard to get out of poverty, because lacking of financial education.
financial education should take place first these days.
Which is we don't. Financial education should begin in high school, rather than being limited to a specific course during college. It is commonly taught that students should work hard and finish their studies to secure a good job after graduation. However, there is often a lack of guidance on financial management, such as investing money and managing finances.

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February 16, 2024, 02:47:03 PM
 #113

What is most important to solve the problems of poor people is to create mass awareness. This should be taken up first by the government the second and main way is to create awareness among ourselves and commit ourselves to finding solutions to the current problems. Above all, one must move forward with what one has, one cannot stop at what one is doing.

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February 16, 2024, 03:15:59 PM
 #114

Often poor people like to be poor.  They are given a chance - for example, a big lottery win - but they spend it all without investing anything in the possibility of a steady income. They buy villas, cars, furniture in huge quantities, without thinking that they have to maintain it all. In the end, the money runs out - and the balance sheet is a pile of illiquid. They sell the rest for pennies, which they also spend. Poverty is often a psychological problem
Poor people don't like to be poor, that's why they use all of their money to buy anything that they likes to impress other people. Actually rich people are like to be poor because when they're in progress to build their wealth, they're need to limit their spending and use most of their money for investment.

Poor people don't like to be poor, but their mindset makes them to stay poor.
A luxurious lifestyle makes a poor person poorer. That is a wrong mindset as they care about how to impress others but not how to prepare for their future.
Poor should not compete with how rich people look as they have a lot of money to buy anything without worrying about where to get it.

I see now the need of the poor people is not a job but a need to be educated on financial management. As long as they don't value their money and use it wisely, it only be wasted and spent on useless stuff. They need an education that helps them see how to value their hard-earned money and help them realize that we need to change our lifestyle even if we increase our income as instead of using our extra money for nonsense, may it used to invest. Because this is the best way to have financial freedom.

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February 16, 2024, 04:19:39 PM
 #115

I have my own lands and they are not cheap at all but i will refuse to sell them because the current food production sector is not good due to which food is bought at a high price. So i can use my land for production of different food products to cope with the situation. However i have very little means of earning money so it is important to hold the land. I am not obsessed with getting rich but i want to accumulate enough money to live a decent life.


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February 16, 2024, 08:27:28 PM
 #116

Yes, and since they are in that kind of situation, Some people are uncertain of the best way to invest their money. This confusion can be compounded by the influence of family and friends who encourage them to spend it on activities that are enjoyable and fun. Without them realizing that the money they have will be easily spent.

The influence of the living environment is always there and it also depends on each of us personally how we respond to it, because for people who are not easily influenced by other people's words regarding what they will do, of course that person will not listen to what the other person says. Money is always easy to spend, but what we need to remember here is that it is not easy to get it back except by continuing to try endlessly through work and work. So before listening to what other people say, it's a good idea to make more mature considerations, because our future is only determined by our own attitudes, not by other people.

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February 16, 2024, 10:02:43 PM
 #117

Yes, and since they are in that kind of situation, Some people are uncertain of the best way to invest their money. This confusion can be compounded by the influence of family and friends who encourage them to spend it on activities that are enjoyable and fun. Without them realizing that the money they have will be easily spent.

The influence of the living environment is always there and it also depends on each of us personally how we respond to it, because for people who are not easily influenced by other people's words regarding what they will do, of course that person will not listen to what the other person says. Money is always easy to spend, but what we need to remember here is that it is not easy to get it back except by continuing to try endlessly through work and work. So before listening to what other people say, it's a good idea to make more mature considerations, because our future is only determined by our own attitudes, not by other people.
We must have principles in managing our own finances, never follow other people's advice which worsens our financial condition and every high spending decision must be considered except for the priority scale, it is very easy for us to make large expenditures but we are not aware of the financial dynamics that can change depending on use of finances, some people often indulge in activities that are not necessary.

we have to organize our finances for stable use of our finances and we have to get a permanent job to get a stable income, make sure we allocate every income and salary to save

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February 19, 2024, 07:09:16 PM
 #118

No matter what government activities or policies are made, if you don't want to work or earn money, you will remain poor.
Even those who work hard every day are poor, let alone those who don't want to work and don't want to earn money.

Actually earning is not everything but managing your salary is a big thing that play an important role in your future success. There are large number of people who in past had Larger salaries but still they are poor because they spend whole money without planning for future.

Government can just provide you job other management is your headache if you want to secure your future you will not depend whole money in present. Some people don't want to work but they wants to gather money free of cost and free of hardwork but they forget that only hardworkers can make their life better.

Find a good job and if possible then also be a participant of part time job after that you have to learn about handling situations with minimum amount of money and save some amount for the purpose of investment so you can change your condition easily.



 

 

 

 

 

 


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.
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umbara ardian
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February 19, 2024, 07:58:07 PM
 #119

Creating their own crypto or whatever might sound cool, but let's be real, surviving day-to-day takes all their energy. Building fancy systems is like trying to cook a gourmet meal when your fridge is bare. Small-scale bartering might seem like a throwback solution, but it's got its own issues. Imagine haggling over the value of a potato like it's a used car – messy and confusing, not exactly a recipe for economic progress.

Education, though? Now that's a power move! Leveling up your skills and knowledge is like giving yourself a superpower – it unlocks doors to better jobs, more opportunities, and the chance to break free from the struggle. But here's the thing, education ain't a magic wand. Unequal access, unfair hiring practices, and limited opportunities can still trip people up. We gotta fix those systemic issues too, like smashing down barriers and creating a level playing field for everyone.

SUGAR
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letteredhub
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February 19, 2024, 10:14:48 PM
 #120

So Communities If you got food you are blessed issue your own money and stop dealing with people who don't benefit you.
If you issue your own money and goverment come to buy with their money you can set your own rate higher so If they don't want then you sell to those who want.
Off course they want becouse everybody need to eat
So you make your own money and your own Community people all live Nice.
So where do you take the utility from when they have to use a community based currency? because in terms of the financial system, they need back-up, recognition, and legal legality so that the value of the public currency is guaranteed, not only for transactions, but to prove the support for this value must also be clear. You won't necessarily create community money if you can't guarantee its value yourself. Moreover, if you live in a country that has recognized fiat then it would be very futile, it would be the same as trying to stage a coup by creating new money and could be considered a violation of misuse of resources..
Op is so funny to even think of creating a currency of his own under a ruling and constitutionally recognized government in which the community of his he might be talking about might be making up just a 1% of the totally country's population. Even as that, a currency represent a country and it's sovereignty as a legally recognized entity Internationally.

So it's just a nonsense theory Op is presenting and no one need to take this into consideration, never except you're all ready to stage a war with the ruling government in the country just as we have in some nations today where a group of insurgent have taking a strong hold of some locations in the country and as such could decide to make use of anything they feel could be a currency for them, but yet that doesn't make it internationally recognized in the global market.

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