What is the poverty trap and how to get out of it

Work tired, and every day you work more and more, not paying enough attention to personal hobbies, relations and rest... Salary finally meet your expectations, but just want more, because the cost of each Happy growing.

No matter how much you may earn, there is always the risk of falling into the poverty trap.

What is the poverty trap

This concept comes to us from the English language, where the poverty trap phrase usedDo Poverty Traps Exist? Assessing the Evidence to describe the economic phenomenon, when a person ceases to work, to receive social security benefits. His work does not make sense, as they often wage level is even lower than the payment of unemployment. This makes the poverty trap every generation all poorer and poorer, and poverty, in fact, there is no escape.

But now under the poverty trap imply a broader concept. It does not describe the amount of money and availability of property in man. The poverty trap can cater to both the unemployed and the millionaire businessman.

The problem is not the lack of savings in the long run, but in the wrong perceptions and ways of earning money. How many people would not earned, it will always be small. This is a trap.

Who is at risk to fall into this trap

People engaged in low-skilled labor

Any work ennobles man, but not any paid appreciatedThe Poverty Trap: Definition, Impact & Solutions. Inquiring wage levels, such as construction workers in Moscow, can be seen as 35 thousandwork builder rubles per month, and 100. Of course, in other parts of the salary may be considerably less, although the main responsibilities of the employee do not change.

The poverty trap is not every handyman country hits. An experienced worker is able to find the most advantageous option, which guarantees a good income. But the necessary expertise and time to find a good job do not have everything.

Here the question arises: how does this relate to the poverty trap? The fact that the children born in a family where the parents carried out low-skilled jobs, a higher risk of falling into the abyss of poverty. In 2015, scientists from the University of Massachusetts conducted an experiment during which found that poverty is inheritedPoverty shapes how children think about themselves.

The problem arises not only in finance, but also with their wrong perception. Growing up in poor families, children do not even think about the fact that work can be fun, because the main purpose of her - only money. Growing up, the child can go in the footsteps of their parents and choose a profession with which he is already familiar.

Low-skilled work is directly related to the lack of higher education. Often you can see a picture when a person, not being able to study at university, finally finds menial physical work, in order to provide themselves and their families. That's it: the trap shut, and now from it much more difficult to get out.

People who spend free time on useless vacation

Actually, any vacation - it's good. Yet there is a difference between the one-time "lazy" output and a regular waste of free time to waste.

And because the problem is not even that money for healthy and active holiday there - rather it did not have enough energy. It turns out that instead of the more labor-intensive pastime we choose something affordable and easy: sit with friends at the bar, watch the new series from Netflix or just lie on the couch, looking thoughtfully at ceiling.

Here you have a vicious circle: it would be desirable to develop, which can contribute to improving the well-being and financial situation, but just do not have neither the strength nor the time. So, there is no development. Is not it a trap of poverty?

I have given birth to a child too young age

For a good upbringing of the child little desire to be a parent. Nevertheless, this does not prevent many young girls on their own risk to give birth to a child, not having enough finances to secure it. And this is only one side of the coin.

On the other hand, she is not able to receive higher education, find a good job that would give her a comfortable existence. It turns out that having a child in her arms, the young mother automatically gets into the poverty trap.

After the release of the decree does not improve the situation: the girl is banal not have experience and sometimes a higher education diploma, which significantly reduces its chances of getting a good position.

As a result, we get another cell in a trap from which, of course, you can get out, but it will take a lot of time and effort.

Living all his life in a poor country

The country, like people, can fall into the poverty trap. Bad economy, corrupt leaders, unstable trade - all this leads to the fact that an ordinary citizen living all my life in a country automatically enters the prisoner of poverty.

In conjunction with this, he is surrounded by people who, like him, try to survive, not to live, to earn as much money to finally "redeem" themselves from captivity. And thus increasingly forcing itself in a vise.

How to get out of the poverty trap

1. Change attitude towards money

Many of us start to adult life literally with nothing. We rejoice in his first salary and we understand that our efforts were not in vain: Now it is possible to realize all your dreams and plans. Yes, but our requests and grow in proportion to the growth of wages. And there is nothing wrong with that, on the contrary, the desire for the better - it is a huge plus, which allows a person to develop. Money - a good motivator, and yet they do not serve the main purpose of the work.

We need to realize one thing: you're managing money, and not vice versa. And only depends on you quantity. You can spend all the empty amusements, and then complain about the low salaries. And you can skillfully manage their finances, saving money or investing them in developing their own business and myself. And in fact, and in another case, the amount of funds can be absolutely identical, except that the proper handling of money - the key to their augmentation. So start not with criticism of their own work, prices and bad government. Start with yourself.

2. To consider even minor expenditure

On the way to work will certainly need to go to your favorite coffee shop near the house. And after a hard day because I want to eat something tasty, because you deserve a reward. Everyone has their own little tradition, habits and whims, which take the seemingly small amount of money.

The key phrase - "it would seem." Have you ever tried to calculate how much money is spent per month, for example, on your favorite morning coffee? Or all the cute trinkets, by whom you were not able to pass? How much did you spend on trips to the coffee shop with your friends?

Occasional minor expenses not too impact on your finances. If they were one-off... It seems to us that if we spend $ 100 now on some kind of whim, then it will not affect your wallet. But even with such a minimum spending per month you lose already 3000 rubles.

The best way to control their own finances - it is clear budget management. Whether it is a special application or notebook, where you will make absolutely all costs (even the smallest) - any of these options will help at least to understand what has become of the money.

And then the case for small: to learn to control the inner shopaholic and finally free from the shackles of poverty.

3. Stop waiting for a miracle

The idea that someday podvernotsya unique chance to become rich in just one day, perhaps, attended many of us. Buy a lottery ticket for 50 rubles and win a million. Having inherited a huge house in Norway from an unknown relative. Earn promotion at work and earn enough to enough to absolutely everything that your heart desires.

Of course, there are situations where someone really "lucky". But instead of over the years believe in luck, you can independently achieve career success.

Your earnings It depends entirely on you. Should start small: to learn save money or at least not to spend it on unnecessary things like the lottery, I promise you mountains of gold. Strive for professionalism in the work, not to get into loans for the purchase of the status of things and not hope that someone will make you rich - it's only you.

4. Do not be afraid to take risks

The fear to try something new, to deviate from the usual course, the inability to properly risk makes people either do nothing, or to commit rash acts. And in fact, and in another case, the person still remains in the trap: because of their own fear or irrational attempt to get rich quick.

Risk - it does not give up a steady job, collect credits and jerk in Bali, to be creative. Risk - a smooth, sustainable change in their lives and habits.

You can go for further training courses or to turn hobby in favorite business and way of earnings. The main thing - do not hurry, do not put money into the foreground, and just enjoy the first change for the better that you make in your life.