1.Because it is so prevalent not only in the world but in our own country.
2.Because I am currently out of work and have been paying attention to the amount of money that I spend and how much I want to save
3.Because poverty has different meanings to different people and low-income doesn’t necessarily mean poverty but how you use your income determines whether or not you may be poverty-stricken.

I’ve learnt much about myself these past few months that might help others to try and encourage themselves out of the possibility of poverty.

1. I recently learnt that you do not need an address to open a bank account, all you need is at least $50.00. I have an address and opened an account and with saving nothing but pennies and other change and a few bills that was gifted to me by my father from my purse, I have accumulated the following deposits to help pay my own bills:

5/29/09 $2.50
6/17/09 $20.86
6/29/09 $22.42
6/29/09 $70.00

My small change made more of a difference than I realized and I was able to pay not just one bill but two. I surprised myself and was encouraged at the possibilty of getting my finances in order in this manner.

2. I have been cooking for me and my family and just by recycling leftovers into new meals such as soups and small rice dishes, I have saved my mother and the rest of my household over $200.00.

3. In another means, I’ve been calculating the amount of money that I spend daily to survive by only catering to the necessities in my life and so far, I’ve realized that for less than $5.00 a day by cooking for myself and my family rather than buying food outside, I’ve been able to fulfill all my own requirement and still have some change to save.

This may not be helpful to individuals in other countries but might help young adults in this country.

Sincerely,

Kamini Kandica Abdool
W.
ONE and RED Member.