There has been a lot of talk on the You Need A Budget (YNAB)
forums recently about a "poverty
mindset", and how it affects how people handle money. The general
consensus seems to be that some people in rough situations get so used to
having little money that, when they get more, they automatically squander it.
Another side of the debate points to people who abuse social
care systems, making no effort to lift themselves out of the state of poverty.
Instead of trying to do better, they settle into the rut of receiving handouts
and build their life around them.
For me, I have been blessed to never know poverty. I have
never been hungry; I have always had a place to lay my head. I have been
clothed and I could get to school. I realise how fortunate my upbringing was in
that regard. Even so, there were times when I felt my inability to afford the
extras in life and, at the time, that felt monumental. Since then, I have grown
enough to know that the extras aren't that important after all. I have my
Father to thank for a good bit of my financial sensibility. He told me in my
teen years about my responsibility to support the household I was in, and also
cautioned against spending money frivolously.
This is not to say that I have not had my moments of
completely going against some parts of his advice, but eventually I returned
back to the basics.
One of the other things which has affected me positively
over the years is embracing minimalism. It was like waking up from a stupor of
reckless spending and hoarding and realising that I was drowning in 'stuff'.
What followed was a massive purging of things in my surroundings. Even more profound and far reaching, however,
was the mental shift that took place; my mind decluttered as well as my
environment.
I realised that most things in this material world are
completely unnecessary. Despite what society is claiming to be the basic
standard of living - which generally includes a car, a house, many gadgets and
toys, plus the latest fashions - the basic needs of life have not changed.
Food, shelter, clean water and clothing remain the basic
needs of life. In a forward society one could add education, health care and
employment opportunities; these assist you in securing the first set of basics
I mentioned.
From this starting point, I realised with a thundering clap
of awareness that I was extremely fortunate. Despite being nowhere near a
millionaire, I have more than enough to sustain an extremely comfortable life
and, further, when compared with most of the other humans on the planet, I am
rich.
I see the poverty mindset in people who are just as
fortunate as I am but, because their frame of reference is different, they feel
like they are constantly in a rat race. There is never 'enough' money and so,
instead of being prudent, they take that as an excuse to 'live it up' and not
worry about the future.
Some people genuinely don't know where their next dollar is
going to come from and have neither family nor government assistance to fill in
the gap. Their dreams start at a hot plate of food and their stretch goal might
to be able to eat in a fast food chain one day.
I remind myself of my good fortune regularly to keep myself
from feeling bogged down by the expectations of other people, especially when I
get caught up in the hype over something that, at the end of the day, is only
an extra. I remind myself that extras
won't significantly improve my quality of life.
Most of all, this allows me to be more generous and to help
others who are truly in need of support. Knowing that I can furnish someone
with a need instead of simply buying something I want lifts my spirits.
I do my best to help my friends and family to see that they
are one of the privileged few and not part of the struggling many but I also
know it is a hard sell. When you compare yourself to celebrities and
upper-middle class examples of wealth, you will never feel as if you match up.
We all need to step outside of our self-imposed poverty mindsets by taking a very hard look at what is necessary in life and what is simply 'good to have'.