Poverty is a result of multiple factors including political environment, availability of opportunities, health factors and a lack of education.
Apart from these a key factor is the lack of a proper guide to motivate and show the right direction. They grow up in a vicious circle that sucks them back.
Over decades I have been observing the economic conditions of our maids. We lived in over 25 homes and have had 40 odd maids overall in my life. In practically all cases they educated their children and many of them are doing well in their life.
What makes the maids do so well in climbing the prosperity ladder, compared to their peers in the slum? A key thing is they are looking at the right examples. They are observing what you are studying, what career options you are choosing, what financial habits you are having and overall have a much better idea at what makes someone succeed. Many of these maids use these practices at home and climb out of poverty faster than other poor people.
If poor people get the right role models, guides, examples and plan, many could climb out of poverty.
-Balaji Vishwanathan
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