Breaking the chains of poverty requires a holistic approach that encompasses education, healthcare, and community empowerment. By understanding the underlying causes of perpetual poverty and implementing transformative programs, we can empower individuals and communities to overcome the challenges they face.1 - Educate Yourself. This one comes first because it's the most important. ... 2 - Change Your Mindset Towards Money. ... 3 - Leverage Community Resources. ... 4 - Avoid Predatory Payday Lending. ... 5 - Ask Someone you Trust. ... 6 - Focus on your Credit. ... 7 - Don't be Afraid to Walk Away. The “Success Sequence” is a thoroughly researched, three-part formula for overcoming poverty: (1) complete at least a high school education, (2) get a full-time job, and (3) get married before having children.Unless we break the poverty cycle, one in five children will continue to live below the poverty line. A child living in extreme poverty does not have a present or future. Moreover, they are at risk of lower cognitive development. They are also at a greater risk of not getting an education. What are types of poverty? Answer Situational poverty. Generational poverty. Absolute poverty. Relative poverty. Urban poverty. Rural poverty.Global poverty is one of the most pressing problems that the world faces today. The poorest in the world are often undernourished, without access to basic services such as electricity and safe drinking water; they have less access to education, and suffer from much poorer health.