Breaking the Cycle of Poverty in Papua New Guinea

 Poverty remains a major challenge in Papua New Guinea, and while many blame external factors, some of the biggest reasons for financial struggles come from within our own communities and cultural practices. Wantokism, unnecessary giving, and traditional customs that demand excessive spending are among the common habits that keep many Papua New Guineans poor. Additionally, supporting adult dependents for too long, failing to prioritize retirement savings, and trying to buy leadership with money only add to the financial burden. If we want to build a better future, we must recognize these issues and make wiser financial choices. Let’s take a closer look at the things that are making Papua New Guineans poor and how we can change our approach to money management.

Things That Make Papua New Guineans Poor

1. The Burden of Wantokism

One of the biggest contributors to poverty in Papua New Guinea is wantokism. While it is part of Melanesian culture, it often leads to financial strain on individuals, families, and even businesses. The practice of prioritizing wantoks—relatives and close associates—over merit and sustainability results in mismanagement of resources, favoritism, and economic downfall. Many hardworking individuals find themselves unable to progress financially because they are expected to support extended family members who do not contribute in return. This cycle creates dependency and prevents wealth accumulation, leaving many people struggling to make ends meet.

2. Unnecessary Giving

Another habit that keeps Papua New Guineans poor is reckless generosity. While generosity is a virtue, giving without boundaries leads to financial ruin. Many people give freely to others simply to be called bossman or bossmeri, but these titles do not put money in their pockets or food on their tables. Those who constantly ask for handouts rarely return the favor, and continuous giving drains personal finances. Instead of engaging in reckless generosity, it is important to invest in oneself and ensure financial security before assisting others. A firm stance on limiting free handouts is necessary to build a sustainable future.

3. Overspending on Traditional Customs

Traditional customs like pig killing and hauskrai (mourning feasts) also contribute to financial struggles. While it is culturally significant to honor the deceased and celebrate important events with feasts, excessive spending on these occasions leads to long-term poverty. Many people go beyond their financial limits just to meet societal expectations. A better approach is to contribute within one’s means rather than overextending financially. Managing these expenditures wisely allows families to save and invest in more productive ventures rather than depleting their resources on one-time events.

4. Supporting Adult Dependents Indefinitely

Another factor that keeps Papua New Guineans poor is the habit of allowing adult children and other dependents to live at home indefinitely. Parents who continuously support grown children or other relatives hinder their ability to become independent. When adults remain dependent on their parents for shelter, food, and money, they do not develop the skills or discipline needed to survive on their own. It is essential to encourage young adults to find jobs, manage their finances, and take responsibility for their own lives rather than relying on family support indefinitely.

5. Saving for Adult Children Instead of Retirement

Similarly, saving money for adult children instead of securing one’s own future is a financial mistake many Papua New Guineans make. Retirement savings are meant for personal security, not for supporting grown children who should be financially independent. Many parents deplete their retirement funds trying to help their children, only to end up struggling later in life. While it is important to provide a good start for children, financial planning should prioritize personal well-being to ensure stability in old age.

6. Attempting to Buy Leadership

Finally, attempting to buy leadership with money is another common financial pitfall. Many people believe that giving away large sums of money will secure them leadership positions or political favor, but this often leads to disappointment and loss of wealth. Leadership should be earned through integrity and capability, not financial transactions. Uncontrolled giving in hopes of gaining influence often results in financial hardship, as people who spend excessively on campaigns or community handouts may end up with nothing in return. It is better to focus on building genuine influence through hard work, knowledge, and leadership skills rather than wasting money on uncertain political ambitions.

Final Thoughts

By recognizing these financial pitfalls and making conscious decisions to manage money wisely, Papua New Guineans can break the cycle of poverty and build a more stable future. Financial discipline, responsible giving, and long-term planning are key to achieving economic success and independence.

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