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Author Topic: What Really cause poverty in an individual  (Read 1378 times)
milewilda
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November 21, 2024, 01:48:15 PM
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 #41

Initially I was thinking that people who are poor where due to lack of opportunities and the right environment for them to grow and develop themselves but today I heard a different view entirely I was told that poverty is what is inside of you so before you can become rich that you need to be rich inside of you, infact the person even said if you are poor inside of you even if you are given a $million that it will be a matter of time before that money will be wasted and you become poor again.

I think this statement is too simplistic to describe why people still stay in poverty, although yes financial literation matters but just because you're proficient in finance suddenly you become rich, the money need to come from somewhere and usually money gained through hardwork, opportunity, and luck.

having the right mindset is great but you also need to add another factor, I think what most people lack and the reason they can't escape poverty is luck ,capital, and opportunity. only plenty get to have these thing and for most of people who are stuck in poverty, even if there's opportunity, they can't take advantage of it because they lacked capital.

poverty is something much much more complex than having the right mindset.
There would really be that needing up that specific criteria or factors on which you would really be needing up to consider on the moment that you would really be trying out to make up some investment or business.
Success isnt really just that simply could be able to obtain or would be able to achieve on not to include those things. It will really be that recommended that you should really be that knowing to set goals
if you are really that trying out have that kind of changes into your finances. Yes, this wont really be simple but its not something that will really be impossible. Poverty is a state whether its been that normal yet you've come from a poor family or any other possible reasons but doesnt mean that you wont really be taking out some step for you to have that much better situation or condition.

Just like on what been said above that there would really be those individuals who would really be that just simply being contented on what they do have now and there are those people who are really that
not contented on their current conditions and thats why they would really be having those kind of plans and steps on which they would really be that thriving on achieving such thing.
Its really that recommended but success isnt something that you could guarantee.
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November 21, 2024, 04:04:22 PM
 #42

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It's only true AT a certain point. For those at the very bottom? Fuck being rich inside. That ain't going to feed them for the day. Or the next. Or for the week, lol. There's a HUGE difference between trying to live for the future vs trying to live for today, and most poverty-stricken people live for today, not for the future.

And to be fair, knowing how to live for the future takes knowledge. How would people who've lived day to day know how to do that? Yes, there are some instances where some people have proven to be able to go up but humanity was never equal in the first place but rather than being knowledgeable I'd call them lucky. Yes, wouldn't deny they are knowledgeable probably, but you also can't deny that there's a lot of luck involved in being able to go up from the bottom.
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November 21, 2024, 05:31:32 PM
 #43

Oh, I didn't get your point Op. What do you mean by "inside" and "outside" poverty? Poverty means not having the basic needs for life, and struggling for things like food, shelter, and clothes. It's another topic how we can overcome this poverty, but here I will discuss your point about inside and outside poverty.

Look, mate, the things you mentioned are something else, and poverty is something else. Poverty is only related to your outer appearance and nothing else. What if someone has overcome inner poverty? Why would they still not have money in their hands? When a person becomes rich, their status changes from poor to rich, and it does not matter what their inner appearance is, no one pays attention to it when you have a lavish look.

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November 21, 2024, 08:21:33 PM
 #44

That got me worried and thinking what really makes people to become rich? Let share our opinion on this
everyone are not the same and everybody can't be the same because everything have been designed for a particular set of people of a qualification. Available job in the world is not enough, we just have limited job opportunities. Everyone doesn't come across the same opportunity. we all are not the same how we manage our money, different rate of debts and different of how we all invest our money.

So far as money has value , money is scarce, poverty will always exist in the world. There won't be poverty again if only money becomes free, people don't have to work to make money.

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November 21, 2024, 09:12:29 PM
 #45

Having no understanding of the individual, you can't make a personal inquiry about it. I understand that everyone wants to come up with solutions to a problem, but if you do not know the problem of the person, you can't just make a generalization of everyone who is poor.

That's not how poverty works, everyone has their own reasons for why they are poor and because of this they can't all be doing the same thing, it doesn't work that way and it doesn't make you any money to have that kind of result in your mind. I believe the best way to figure out a reason would be looking at a poor person and figuring out that persons reasons one by one for every poor person.

A community can't do that, can't look at every single poor person, that takes too much time, so it's easier to just distribute welfare and let them be, normally if we had people working in government to help each of them, we could slowly build a world where there are no more poor people and find a way for everyone to make an income.

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November 21, 2024, 10:56:35 PM
 #46

Good habits can make you rich. When you don't spend money on addictions, neither attempt to impress people who don't add anything constructive to your life, it means you are saving money for your future. It can be a small amount each day, but it will already make total difference accumulated along the weeks, months and years.

It's not about having a rigid plan and sticking to it, because if you do this, you will end sick and disturbed. It's really about living spontaneously and adopting positive attitudes in your daily routine. When you least expect, you will suddenly notice how much you have already done and conquered.

It has to be a natural process which you don't know exactly where you are going to reach. All you know is that you are doing your best with the current tools you have available in the present time.

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November 22, 2024, 05:12:28 AM
 #47

I think in general a poor financial ‘education’ is a big contributor to poverty. People don’t understand what money is and see it as just a means to buy stuff. That’s besides a lack of self restraint imo.

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November 22, 2024, 05:19:40 AM
 #48

today I heard a different view entirely I was told that poverty is what is inside of you so before you can become rich that you need to be rich inside of you, infact the person even said if you are poor inside of you even if you are given a $million that it will be a matter of time before that money will be wasted and you become poor again.
First of all, who told you this mate? What does this even mean lol

What is a poor mindset? If you care to expand. Because I think if you are poor with a rich person's mindset, you will definitely lose money. Imagine not having the money but you spend like you do because you are rich "inside". I actually think that it is the poor who are very careful with their money because they know better than to spend money carelessly.
Quote
That got me worried and thinking what really makes people to become rich? Let share our opinion on this
Do not overthink it. It's just hard work, patience, and a little bit of luck.

Some poor people are incredibly hard working but they are not patient enough to wait for their money to grow before they go spending it. Poor people sometimes are not given the same opportunities as others but with a little bit of luck they can be given these opportunities and all they need to do is make use of it well. That is what will make a person rich.

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November 22, 2024, 05:39:30 AM
 #49

Infact I have come to the realization that poverty is the biggest problem that we have in the world right now poverty is what actually makes people to define who we are as a person as it confines us to live a life style that is far below our expectations and potential that are deposited in us.
Well, this is true because it also results other problems like hunger, lack of education, financial problem, etc.

That got me worried and thinking what really makes people to become rich?
First is their mindset, whoever said this quote about being born poor, isn't the person's problem. But dying poor, is one's problem. That's why it all starts about mindset, getting out of poverty and doing something if there's lack of opportunity wherever you are. Finding the treasure of your life elsewhere by doing some actions could change one's fate.



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November 22, 2024, 06:11:56 AM
 #50

Let share our opinion on this
A variety of interconnected factors can cause poverty in an individual; one of the most glaring or most obvious is limited access to quality education. Which can hinder lots of opportunities and earning potential. Another reason is a lack of job opportunities or skills that can lead people out of unemployment and make it difficult to earn a stable income. Chronic illnesses or disabilities can prevent people from working or limit their options for certain jobs, leading to a strain in their financial lives. Our household most times can perpetuate cycles of poverty because the children may not have access to the same resources and opportunities that privileged children have. Recessions or industry declines have a way of impacting the availability of jobs and wages. Racial and gender discrimination limit access to lots of opportunities and resources. People get stuck with terrible personal debts that drain their financial resources and make it challenging for them to escape poverty. The kind of areas one finds themselves playing a crucial role in their financial life. Living in an area with limited access to jobs, healthcare, and education can exacerbate the problem of poverty.

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November 22, 2024, 11:24:16 AM
 #51

What Really cause poverty in an individual
There are many factors of poverty, but the common ones that every individual is not aware of are laziness and hallucinations, two things that humans often experience.
For example:
Someone has hallucinations of wanting to open a business, but he is not brave and lazy, only his thoughts are hallucinating the desire to become rich, the same goes for farmers, the desire to grow tall crops, but they are lazy to work and do it, they can only talk, if that type of person never gets better, their economy will actually get worse.

Being lazy will not produce anything, it will actually keep them in the brink of poverty, that's why the saying goes 'diligence is the source of wealth', keep working and doing something that produces economic value, being lazy is the beginning of poverty.

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November 22, 2024, 12:52:41 PM
 #52

Initially I was thinking that people who are poor where due to lack of opportunities and the right environment for them to grow and develop themselves but today I heard a different view entirely I was told that poverty is what is inside of you so before you can become rich that you need to be rich inside of you, infact the person even said if you are poor inside of you even if you are given a $million that it will be a matter of time before that money will be wasted and you become poor again.

It can be said that everything is a mindset, if our mindset is right. We will continue to try to get out of poverty even though we don't have capital, but if we have the right mindset, we will continue to fight on our own, whatever we can do from zero to be successful.

If you have the right mindset. When you want to get money but you don't have money or are very poor to start with. You can start exchanging your energy for money, for example looking for a job. Actually, if you want, there are many jobs that can exchange your energy for money as long as we are not picky.

Once you have money, you keep setting it aside and when it is collected, you can use the money to start a small business. For example selling food, selling snacks or whatever. How can you make it sell well? You have to learn, especially now with internet capital it is very easy to learn by watching YouTube podcasts or whatever. In addition, with the internet we can also learn to hone our abilities to be able to increase income by investing. We can do all that if we have a good and correct mindset.

What is happening now in many countries is that poverty is increasing because they do not have the mindset to develop or have a poor mindset as you said, besides that there are still many reasons to do something, and they do not dare to leave their comfort zone.

 
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November 22, 2024, 01:06:45 PM
 #53

That got me worried and thinking what really makes people to become rich? Let share our opinion on this
You need to have financial knowledge to stay rich, some people can be lucky and get a lot of money, or they could land a good job and earn a lot of money, but what is crucial is how they make that money work for them and how they manage to stay rich without going down again, that is where financial literacy is important.

To become rich, you first have to be earning money from somewhere, could be a job or a skill you offer, and then you have to find more ways to make extra income, that could be through learning news skills. Now what you do with the money you earn is what matters, you have to put it into different investments and let the money work for you in the long term.

 
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November 22, 2024, 04:41:09 PM
 #54

Poverty is a state of lack and not having something ( money, material, property) that is needed at that present point in time. Globally speaking poverty has been a major issues with the united nations general assembly even giving out time frame to end poverty and improve the standard of living of the world population especially in third world countries where the rate of poverty is higher.
The way poverty is dealing with people’s is something that has been become worst in all over the country, but the things that cause poverty is that if the all country is lack of jobs that’s the main causes of the poverty, loot at the population of the graduates that are in the country without any jobs for them.

But there’s some peoples that their very lazy when it come to put food on their own table and that’s why they remain in poverty without achieving anything in the world, some raise up from the poor families but today they’ve turn something that nobody except; if to say others are also doing the same things it will reduce the number of poverty in the country’s.

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November 22, 2024, 05:41:51 PM
 #55

Being poverty stricken can have many causes. It could be that the person had a really limited or non existent education. It could be that due to disability or other personal circumstances they don’t have a job. Maybe the person has lots of kids & the Father is MIA. There are lots of reasons why people are poor & often it’s through no real fault of their own.
Honestly, and this would be hated by everyone here and I know that I am one of the very few people in the world who thinks like this as well.

But, I honestly believe that if a person doesn't want to work, like not for any of the reasons you listed but literally "just don't want to", then the entire world has enough resources to provide a very basic housing, and I mean like just soviet level of housing, cheap, one room, with a tiny kitchen and bathroom, a total of very small apartment place basically, and also enough food to sustain them, I am not talking about every day burgers and pizzas, well that's usually cheap too of course but I mean like very limited stuff, water, bread, rice, pasta, maybe some tomato to put in some flavour but those kind of very cheap stuff.

Believe me, if we get rid of these people in the work force by guarantee this type of life without working, then I guarantee you that the ones who want more than that will work much better without them and productivity will increase. I am not doing this to just help people who do not want to work, that's also good of course, but I would do this to make sure only the productive people are left in the work force.


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November 22, 2024, 07:39:52 PM
 #56

Ignorance is what keeps people caught up in poverty.
You need US$ 1000 to start something, over a year many of the people caught on poverty spend that on useless things.
Most people don't know the difference between their wants and their needs; you can't be spending money on things you literally don't need and leaving the things that are essential to your well-being and still be complaining of being poor; that's totally off. 
 
Some I will say is based on the mindset they grow up with, picturing what that little amount they have at hand can do for them and raising it to in the next couple of months, which makes them rather spend it on things that don't matter, hoping for that big fish that will fill up the ocean to come, which takes forever when they could have started growing something from small.
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November 22, 2024, 07:51:01 PM
 #57

It's true that some are born into a poor home, but it's your choice to remain poor. We live in a digital age where you can take advantage of the internet and become self employed, there are so many things to do that can Make you earn money without depending on anyone. One thing that really causes poverty in an individual is excuses and laziness. If you have opportunities around you, take a hold of them instead of making excuses. Another point to look out for is the mindset, poverty isn't just the lack of money but your mental construct also matters, most people are poor today because of how they think. Lastly, people are poor because of mismanagement, they can't multiply whatever they have, they prefer to spend lavishly and always go back to square one.
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November 22, 2024, 08:39:21 PM
 #58

Being lazy will not produce anything, it will actually keep them in the brink of poverty, that's why the saying goes 'diligence is the source of wealth', keep working and doing something that produces economic value, being lazy is the beginning of poverty.
I second the motion. Those that are in poverty could have been dealing with several factors that results into their situation but with everyone into that situation doesn't mean that they cannot do anything against it. What they do is they only deal with it and stuck with that situation. They are already happy with that and think that they'll never get out of it so, it causes them no enthusiasm to do better with their lives. Laziness is what is pulling them down even deeper and that makes them to be satisfied with whatever life they already have. Whilst the rich people, they have the drive to do and to thrive better.

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November 22, 2024, 08:53:30 PM
 #59

Poverty is a state of lack and not having something ( money, material, property) that is needed at that present point in time. Globally speaking poverty has been a major issues with the united nations general assembly even giving out time frame to end poverty and improve the standard of living of the world population especially in third world countries where the rate of poverty is higher.

Infact I have come to the realization that poverty is the biggest problem that we have in the world right now poverty is what actually makes people to define who we are as a person as it confines us to live a life style that is far below our expectations and potential that are deposited in us.
Initially I was thinking that people who are poor where due to lack of opportunities and the right environment for them to grow and develop themselves but today I heard a different view entirely I was told that poverty is what is inside of you so before you can become rich that you need to be rich inside of you, infact the person even said if you are poor inside of you even if you are given a $million that it will be a matter of time before that money will be wasted and you become poor again.

That got me worried and thinking what really makes people to become rich? Let share our opinion on this
You have to explain what it means to be rich inside because many people won't understand the meaning of this word. I think in rich inside you mean a person who is emotionally intelligent and generous, someone who tries to do something good for everyone and doesn't sell his soul for money.

Btw I believe that poverty is a heritage which is very hard to get rid of. When you get born in poor family, you have a mentality of poor people, you grow up among poor people, you have poor friends, you don't have access to good health and education, you grow as a poor and if you aren't very talented and lucky like Lionel Messi or very hard working like Cristiano Ronaldo, it's impossible to escape.
Poor people don't know what investment is, how to invest, what asset to choose. If you give money to poor people, for example one million dollar, he will still remain poor because they don't know money management and it's hard to blame them, I don't blame them because they don't know, no one taught them how to be successful in life.

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November 22, 2024, 09:28:27 PM
 #60

Being lazy will not produce anything, it will actually keep them in the brink of poverty, that's why the saying goes 'diligence is the source of wealth', keep working and doing something that produces economic value, being lazy is the beginning of poverty.
I second the motion. Those that are in poverty could have been dealing with several factors that results into their situation but with everyone into that situation doesn't mean that they cannot do anything against it. What they do is they only deal with it and stuck with that situation. They are already happy with that and think that they'll never get out of it so, it causes them no enthusiasm to do better with their lives. Laziness is what is pulling them down even deeper and that makes them to be satisfied with whatever life they already have. Whilst the rich people, they have the drive to do and to thrive better.

Laziness stems from lack of productivity, and people who find themselves in a state where they can't do anything to offer the public, end up feeling weak towards making changes in their life. And the longer they allow such habit to dwell in them the more financially broken they'll become. However, most form of productivity, on the long run, always yield great rewards, but it demands hard work and consistency, which many individuals find stressful or difficult to handle.

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