A life of poverty is hard and draining.Many people never rise above poverty because there are many barriers to achieving a life of financial security during difficult economic times.If you don't attempt to escape from poverty, you will not succeed.There are some strategies that may help you deal with poverty.
Step 1: A budget is created.
Creating a budget is one of the best ways to make sure you are getting everything you can out of your money.By keeping track of how much money you bring in and what you spend it can eliminate the uncertainty that comes with not knowing if you can afford something.You should keep a record of how much you earn and spend.Classify your expenditures into three categories: fixed essentials, variable essentials and non-essentials.You can keep track of your budget.An old fashioned ledger book or ordinary lined paper will work just as well as a computer program or app that makes this process simple.
Step 2: Cut expenses.
It's easier to identify areas where you can cut back on spending once you've created a budget.If you can eliminate some of the non-essential expenditures in your budget, you might be able to make them cheaper.If you use less energy, you can spend less on utilities.When not in use, turn off all appliances and plug them in when they're not used for a long time.Between one and three percent on your heating bill will be saved if you reduce your thermostat every degree.A person spends $600 a year on phone service.If you are paying more than that, you may want to look for a less expensive plan.Going without cable television for a while is a good idea.Many of the shows you're watching are free on-line.If you can, drive less.If you live in a place with a good public transportation system, you'll find that it's cheaper than gas and parking.Carpooling can save you thousands of dollars a year.
Step 3: You can reduce your medical costs.
With the cost of medical treatment increasing all the time, anything you can do to reduce your bills without sacrificing your health is a good idea.Go to generics.Generic drugs do the same thing as their name brand equivalents, but at a fraction of the cost.You can visit the pharmacy clinics.If you don't have insurance, this can be a cheaper alternative to a regular doctor.You can get a free checkup at your dental school.Many dental schools will give you a free checkup and cleaning as a way to train their students.
Step 4: You can reduce your housing costs.
You can save money by moving to a smaller house or apartment, renting out spare rooms, or getting a roommate.You can save a lot of money if you move to a different neighborhood.You might want to consider moving to a different part of the country.If this is an option, then the cost of living is lower and job opportunities are more plentiful.
Step 5: It's a good idea to cook at home.
Although 99 cent hamburgers from fast food restaurants seem like a bargain, you can prepare meals at home that are often equally economical, healthier for you and create leftovers for your lunch the next day.It's cheaper to cook at home if you plan meals in advance so you can use what you already have in your kitchen and take advantage of sales at the grocery store.
Step 6: Debt shouldn't be avoided.
It can be hard to live within your means when you don't earn much, but buying things using credit or rent-to-own plans makes them cost more in the long run and is a factor in keeping many people poor.Try to avoid getting a "pay day" loan.The loans come at a high cost.The amount you will have to pay back will be three times the amount of the loan.These loans should only be used as a last resort.
Step 7: Go to the food bank.
Most communities have at least one non-profit organization that distributes food to those in need.If you can't afford to go to the grocery store, this can be a great way to get some basics in your pantry.If you want to find a food bank in your community, you should be able to use the phone book or on-line.If you're not sure where the food bank is in your community, you can check out the website that lists many food banks around the nation.You can get similar services to help with your clothing needs.The clothing banks are run by private charities and can be found at the same site as the food bank.If your food bank doesn't have a clothing bank and you need some clothes, the volunteers may be able to tell you where these services are available.
Step 8: You need to apply for food stamps.
Individuals and families who have an income of less than 130 percent of the poverty line can receive assistance from the USDA.The Supplemental Nutrition Assistance Program (SNAP) can make grocery store trips much less painful and make cooking your own meals an even cheaper option.You can apply for the Supplemental Nutrition Assistance Program online in most states.You can find links to each state's application page here.
Step 9: If you want welfare, apply.
If you have children, you could be eligible for a federal program called Temporary Assistance to Needy Families.It is possible to make ends meet with this cash assistance program.The Administration for Children and Families is a division of the Department of Health & Human Services.It is up to each state to distribute the funds.You can find information about your state's requirements and application processes on the website.TANF benefits are available for a maximum of five years, and recipients must demonstrate that they are making an effort to become self-sufficient.
Step 10: You have to apply for Section 8.
Families who earn less than 50 percent of the median income in their area can receive assistance with housing costs.If you qualify, the HUD will pay part of your rent.Section 8 housing is administered by the state.To apply for a HUD voucher, visit the HUD website and select your state.
Step 11: Get help with child care.
If you have a family, the cost of child care can be a burden, but it may be unavoidable if you go to work or school.Working parents of children under the age of 13 can receive assistance from the Child Care and Development Fund.This assistance is provided at the state level.You can find information about assistance in your state on the Department of Health and Human Services Office of Childcare website.
Step 12: You can apply for a reduced lunch.
If you have school aged children, they may be eligible for subsidized meals at school.They have a website where you can find information about eligibility requirements.Information on how to make low-cost healthy meals and snacks for your children can be found on the NSLP website.
Step 13: Take care of the basics.
People without a high school degree are more likely to be unemployed.The GED is an important step to escape from poverty if you don't have a high school degree.This is the equivalent of a high school degree.Some states offer free classes to help you prepare for the GED.Depending on where you live, the test may or may not be free.Information about how to get a GED in your state can be found here.
Step 14: Take part in a job training program.
The United States Department of Labor's Employment and Training Administration provides funding for a number of different programs designed to make you a more qualified job candidate.To find out more about their programs, and to find links that will lead you to opportunities in your area, visit their website.The requirements for TANF benefits may be fulfilled by participating in one of these programs.
Step 15: You should go to college.
A college degree, even a two-year Associate's degree from a community college, can make a big difference in your prospects for employment and the wages you might earn once you do get a job.If it is possible for you to get a college degree, you can rise above poverty.You may think you can't afford a college education, but the Department of Education may be able to give you a loan or grant that will allow you to attend college.Federal aid can make a less expensive option like community college a reality for many people.To find out what options are available to you, visit their website and file a Free Application For Student Aid.
Step 16: There are job opportunities out there.
There are a lot of ways to find a job.It's a good idea to check out postings in your local newspaper and on websites.As you go about your daily business, it is a good idea to look for help wanted signs.It's a good idea to make sure your friends and family know you're looking for a job because many people get jobs through their social networks.There are many websites that connect employers with potential employees.
Step 17: If you want a job, apply.
You should apply for as many jobs as you can.Carefully read the application requirements for any job you apply for.Make sure that your application is complete and that you respond to every requirement in the job description.Key words and ideas found in the job description should be included in your resume and cover letter.The letter or resume should make it clear that you are a good fit for the job and should not be a generic one.Make sure the application materials are easy to read.Someone else might be able to check your work.As you apply for jobs, make sure to keep your social network profiles clean.Any pictures of you drinking, dressed provocatively, or suggesting you are not professional should be removed or your privacy settings made unavailable to potential employers.Employers often check applicants' social networking profiles.
Step 18: Interview well.
If you are called for an interview, you need to show up on time, look professional, and speak articulately.The interviewer should shake hands at the beginning of the interview.No matter how nervous you are, try to relax.Answer the questions with a positive attitude and listen carefully to them.Concrete examples can be used to emphasize why you would be a good candidate.
Step 19: You should move up.
If you already have a job, you should keep an eye out for better opportunities.If your job doesn't pay enough to raise you out of poverty, stick with it.It is easier to get a job if you already have one.