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Home» Questions»Q 199221
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Carpon
CarponExpert Mind
Asked: September 23, 20252025-09-23T06:29:24+00:00 2025-09-23T06:29:24+00:00

I need tips on how to escape poverty

How can I live above poverty and brokeness in this economy

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3 Answers

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    2025-09-23T10:52:33+00:00Added an answer on September 23, 2025 at 10:52 am

    If you want to escape poverty, you need to have a skill. These days there are so many skills you can learn both offline and online skills. While having a skill is important, investing and saving should also be part of your lifestyle. Have a skill you can use in starting up a business of your own, thRead more

    If you want to escape poverty, you need to have a skill. These days there are so many skills you can learn both offline and online skills. While having a skill is important, investing and saving should also be part of your lifestyle. Have a skill you can use in starting up a business of your own, then also find something you can invest in. Investing in real estate or stocks is a great idea. One thing you also need to understand is that making money takes times.

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  2. Emmy boy
    Emmy boy Newcomer
    2025-09-23T11:06:06+00:00Added an answer on September 23, 2025 at 11:06 am

    What that individual need is to find a skill be it online, hand work or business skill. This is because the job availability in Nigeria is very low so the best way to escape poverty is to find a skill that suit that individual personality. You can choose to learn a digital skill this skill has a higRead more

    What that individual need is to find a skill be it online, hand work or business skill. This is because the job availability in Nigeria is very low so the best way to escape poverty is to find a skill that suit that individual personality.
    You can choose to learn a digital skill this skill has a high potential for more earning opportunity. While hand work skill is also profitable and can put food on someone’s table it truly profitable and the last acquiring a business skill that will enable the individual make good choice in his or her various businesses.

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  3. Mike Larry
    Mike Larry Active Contributor
    2025-09-27T00:21:44+00:00Added an answer on September 27, 2025 at 12:21 am

    Escaping poverty requires a mix of mindset, strategy, and consistent effort. First, focus on education and skill development—learning practical skills, digital tools, or trades that are in demand can open better-paying opportunities. Second, budget wisely and save even small amounts, as building finRead more

    Escaping poverty requires a mix of mindset, strategy, and consistent effort. First, focus on education and skill development—learning practical skills, digital tools, or trades that are in demand can open better-paying opportunities. Second, budget wisely and save even small amounts, as building financial discipline is crucial. Third, seek multiple income streams; combine a stable job with side hustles like freelancing, online work, or small-scale business. Fourth, network and learn from mentors—connecting with people who have achieved financial success can guide your decisions. Fifth, avoid debt traps and unnecessary spending, as financial freedom grows when expenses are controlled. Finally, cultivate a resilient and growth-oriented mindset, believing that with effort, planning, and persistence, your financial situation can improve. Progress may be slow, but consistent action, learning, and smart decisions are the keys to moving out of poverty.

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