Wednesday, March 20, 2013

5 ways on how to lift from poverty


The world is full of various people. Some people are rich but some others are poor. They are hard to find dollars for buying foods. Sometimes they must find food at rubbish. They hope the rich man throw the food to rubbish. I believe the food must be bad for health. They are forced to live in shirt without a settle. The cold often make them fever and the rainy make them wet. They just burn the fire in a barrel to warm their body.
Most people do not want to live in poverty though lazy man. People try hard from morning to evening to lift them from poverty.  Some poor people choose wrong ways to lift from poverty.  They sell the kidney for thousand dollars. I believe I will not lift the poverty. They still live in poverty and loose the kidney. We do no have to sell our organ to lift the poverty or play Russian Rolette for it because there are so many ways to lift from poverty?
There are some ways to lift you from poverty, such as:
1. Working
Most people get money from working. They will get paycheck everymonth from the company. The company also give the employee retirement fund, medical benefit, insurance and others. After work dozen years, you can lift the poverty. You may have car, house, and other. You can also consider working for government. Find the jobs that right for you.
Only few people will get the top position, such as Jack Welch. Most people will stay in down line or work as clerk. They may not rich but they can lift them from poverty. They can save dollar by dollars for long time.
You can work as a freelancer. If you have a skill, you can offer to other people or place ads in gigs. The people will pay you after you finish the jobs. At first time, you can offer free service or cheap payment service but after that you can charge expensive fee for your service.
Walk around your environment. Perhaps your neighbor needs you to paint the wall or house. You can also help your neighbor to cut the grass or others else.
2. Starting a business
In a developed  country, most people prefer to start business rather than working as employee. They believe that business can make more money rather than working as employee. They do not have to go to office everyday but they receive more money.
This is a fast ways to live from poverty. If you have marketing skill, you can get money fast. You can sell anything to other people to makes money. The return of selling could reach hundred percent in a short time. It is better than any investment today. For example, you buy a toy one hundred dollars this day and you can sell it for two hundred dollars. 
You do not have to have much money to sell anything. You can sell other people stuff to get the margin. Surely, you need to ask the permission first. Some blogger or website owner sells other people stuff for the commission. The commission is not much four percent but you can make more money. In my country, a internet marketer got $5000 per month from Amazon.

3. Saving
You may not have much income but you always set aside the money for saving. After long time, you will find your money so abundant. You can become wealth someday. I hear a poor man collect a penny by penny and he bring the penny by wheel. He buys the house after he collect the coin dozen years.
Saving is very important for every one no mater what is your prophecy. The rule of thumb is ten percent of your income. Place the saving first when you receive the salary. You can put the money at the safe place.
Saving does not mean you insert the coin to the piggybank. You can also save the money when you buy at the grocery. You can also use coupon to save some dollar.  You can save so much money from there. You can save the money or you can use the money for other need.
Saving is also important when you must spend for unexpected things. We cannot predict when we sick. Sometimes we must go to the hospital because a virus attacks us.

4. Investment
After saving money, you can invest it to the investment. If you are lucky, you can get benefit from it. Some people can get benefit from gold investing. They have invested their money to gold years ago. They know that the gold price will increase due economic meltdown.
On the other hand, the stock market investment is not good recently. Most market index declines so it can generate return to the investor. However, someday, the stock will rise to the peak. We do not know when it will happen.
Do not put your money to an investment only. You can allocate the money to various investment such as stock, ETF, mutual fund, and else. Consider the real asset such as land, farm land, property and else. The property price increases and you can also make money from it. Rent he property o whoever need it. 
Manage your investment well. Construct the portfolio that can reduce the investment risk. For young people, they can prefer the risky portfolio that consist risky investment. Thee risky investment is risky but it can make more money. For old people they are better to safest investment.

5. Write a book
Some book writer can make million dollar from book. If you have talent to write, you should start now. Increase your skill to write by writing in blog. Someday they become a famous writer in the world.
Everyone is an expert like Seth Godin said. Why something do no write that you know it very well? The people may buy your book.

You should work hard to lift you from poverty. Do not hope that gold rain come to you.

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