Augusta
VIP Contributor
The fact remains that they are many workers that are income earners but still tends to suffer from poverty. It is always sad that people are working but are still in high lack of funds. This is about workers having low cash both in the account and away.
Alot of this emanate from the financial inability of the workers
So what are the reasons that workers still remain financially poor despite getting paid.
Lavish spending
One outstanding reason for this is workers spending their income lavishly. Some workers just need flashy things or material things that might not serve a long purpose in their lives
High debt
Workers with high cravings for debt naturally become financially poor even when they get paid on time because the salaries are used to offset previous debts
Lack of saving culture
Not saving money has brought about financial decline for some workers . They don't have the habit of savings. They prefer to live from paycheck to paycheck.
Add yours?
Alot of this emanate from the financial inability of the workers
So what are the reasons that workers still remain financially poor despite getting paid.
Lavish spending
One outstanding reason for this is workers spending their income lavishly. Some workers just need flashy things or material things that might not serve a long purpose in their lives
High debt
Workers with high cravings for debt naturally become financially poor even when they get paid on time because the salaries are used to offset previous debts
Lack of saving culture
Not saving money has brought about financial decline for some workers . They don't have the habit of savings. They prefer to live from paycheck to paycheck.
Add yours?