Poverty creates more poverty.
That is to say, once you fall behind on one bill, it becomes harder and harder to pay your other bills.
You rob Peter to pay Paul. But with each late or defaulted payment comes with its own consequence: a late fee, increased interest rates, foreclosure or repossession. And these consequences can make it even harder to dig out of poverty.
Ashlee experienced the consequences of falling behind firsthand. First, she got sick and lost her job. Then she had to break her lease to avoid being evicted. Then she could no longer afford gas or car insurance.
Being unable to drive to interviews makes the job hunt even harder for Ashlee. But she is determined to press on and has faith that things will get better.
“Everything will work out,” she says, “with every sacrifice comes a better gift.”
But Ashlee will need a little help to get back on her feet again. Feed The Children helps people like Ashlee every day with food and essentials—giving them the break they need to stop the downward spiral of accumulating debt.
Hi, cool post. I have been wondering about this topic,so thanks for writing.