Poverty is like quicksand: once you’re in, struggling only sinks you faster. Late fees, overdraft fees, higher priced smaller quantities, high interest rates… being broke becomes your biggest expense and full-time job. Always paying for yesterday, never able to build a future.
@babadookspinoza the obvious solution then is to just nor be poor in the first place!

@babadookspinoza yeah but if you skip the avocado toast /s

seriously, I wonder how many wealth persons realize that their true degree of privilege with money is invisibility: they have enough money to swallow up a myriad of tiny difficulties and worries about this or that payment, and thus costs have become invisible to them, just part of the background noise of their existence

@mxchara and it's also easier to get and safe more money, and that starts with small things. Buying better quality clothing so you don't have to replace them as often, buying better quality food to stay healthier meaning less cost for health related spending... To owning a house which is cheaper than renting or - of course - having the possibility to actually invest money...

@babadookspinoza

@leberschnitzel 💜
minus the invest money part, it feels too close to joining in on shareholder exploitation.

investing in community, yes. in the neighbors' better clothes and foods and shelter, in the libraries and bus stops that co-create "wealth" for all of us.

@mxchara @babadookspinoza

@babadookspinoza reminds me of Terry Pratchett's Boots theory.

https://en.wikipedia.org/wiki/Boots_theory
Boots theory - Wikipedia

@babadookspinoza identify ur need/requirement & spend according to them. Don't fall in trap of corporates. Present and future ll be good
@GOKUSHRM @babadookspinoza That assumes to still have more than you need. Which is not the definition of poverty.
@DO5DR @babadookspinoza spending over anything without need, thn take loan for another thing. Stuck into emi. It's a cycle
@GOKUSHRM that's easy to say, but the reality is "my requirement is food and rent, and my income is insufficient for that" and then what? "Just get a roommate." Have you seen roommates? Have you tried cosigning a lease with someone when you couldn't each afford the whole rent amount, in America, lately?
@wilbr I hav seen worse in my life & that period taught me about my needs, now even good amount of money I still eat 2 times a day, I can eat 4/5 times a day but t don't. I can afford 2 iPhone but still I'm using 4+ year old device. I'm not living in america but basic needs for a person almost same.
@GOKUSHRM so you live in a completely different world from the one OP described
@wilbr as I said, I know my requirements. Less is more for me
You need to make a list of necessary & unnecessary things in ur life (daily routine list) thn slowly slowly stop using unnecessary things. It will take some time but not impossible to do. Soon u will see the change in ur life too.