People can experience poverty for many reasons. Some may be born into such a situation. Others may be thrust into debt for one reason or another. Regardless of the origins, it is extremely difficult for a person to break the cycle of poverty and continue moving up the ladder towards financial stability. This is due to several factors.
Underlying Conditions
It is, unfortunately, apparent that disability and poverty go hand in hand. Individuals that are disabled or struggling with certain disabling mental health conditions often go into medical debt trying to get the right treatment. Medications, mobility devices, and doctor’s appointments can all be quite expensive. In order to help break the cycle of poverty, it is essential that society provides health care and mental health services for the homeless Sacramento County.
Income Caps
Typically, aid is available to certain people who may be dealing with poverty. What is unhelpful about this is that this aid typically comes with an income cap, meaning that the person has to continue making below a certain amount of money in order to receive the aid. This means that for those in poverty, it is impossible to progress to a comfortable income level. This system keeps low-income people dependent on the aid of the government.
Fees
There are several instances where having a low income can put you in a situation where you have to pay fees. Overdraft fees are one example of this. These fees essentially tax individuals for being poor, making it even harder to escape debt.
Whether you have been dealing with poverty your whole life or it is a new situation to you, it can be a very difficult situation to navigate. It is important that society recognizes the ways that we make life more difficult for low-income people and work to make that path smoother.