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Pressure is something that no one would want to have at all there are some pressure that can even bring a man to see his end. So many things in this our human world can cause pressure to a man.
An example of this pressure am talking about is this our economy an economy where things rises everyday but no sufficient fund to back up with. Ok Imagine I bought a soup for 250 naira just after three days I went back to get the same soap I was told the soap is now #350 imagine me that have only 2k and have already scheduled how to spend it before I will expect something in the day coming this kind thing is another pressure I just dropped this one, there are many more  bigger than this one.

How can a family man who earns 50k with 3 kids and also paying for rent feeds and many more, how can he with stand this economy pressure where there is no stability no mouthwatering salaries at all. This days we wake up and pray things should get better but it's like our country does not accept prayers everyday increments.

I would assume you are a Nigerian due to the communication style and you're referrn to the current inflation and economic situation in the country. It is a fire situation, with each day the naira losses value against global currencies, leading to higher cost of goods and services and little to no local production to boost exports.

Twenty years ago, such a family would have been in the middle class of society, but today they are in extreme poverty and the middle class has been all but eroded.

On the "how", I would suggest entrepreneurship. White collar jobs have fixed payments which do not increase to accommodate inflation, but selling a service or goods allows you flexibility to adjust prices as the economy changes.

The content of the thread seems to focus mainly on the form of hardship Nigerians are facing due to the bad economy and high cost of living when their earnings are not even helping matters for those low-class civil servants and public servants. This thread could have been best suited for the Nigerian local board, but then again, Nigeria is not the only country suffering from this economic recession, so it's a global problem.
 
The cost of living is really something else in this part of the world. You can't even make a proper plan on how to spend money on things you really need. Leaving your house to the market with an estimated budget and getting to the market to realise that what you have at hand can't even get you half of the things you have on your list is very alarming.
 
Those who are earning in their respective local currency in a country that solely depends on exportation, which increases their demand for the use of foreign currencies, are the ones suffering the most in this hard economy, and aside from this, a country where the price of things is not being regulated will suffer more compared to the level it could have been if it were only because of high inflation.

This is what is happening to every country now. It won't be long and we will see more hardships for the food prices going to the roof. Sooner you will see your government will suggest the salary increase but while doing so the company you work for will also lay off employees because of the salary increase.

Time to just eat a peanut butter sandwich for a meal. Just buy something that your kids can have and prepare to buy something that you can sell when the price skyrockets. I'm buying dried fish, liquors, painkillers and antibiotic capsules. This might just save me.

It's a global thing that the goods that we consume are increasing, some may not be on a daily basis but you expect that if there's a rise on the crude oil and any related products. Then, all of the things that are being transported are also going to increase. It sucks that it all started during the war of Russia and Ukraine when mills have increased and oil due to demand and supply and even until now, everything has risen. Coming up with some news, UK has admitted that they're economy have fallen into a recession[1].
[1] UK economy slipped into technical recession at the end of 2023 (https://www.cnbc.com/2024/02/15/uk-economy-slipped-into-technical-recession-at-the-end-of-2023.html)

It’s so hard in the current economic climate, all we can do is try our best. You can create a budget to manage expenses effectively & prioritise essential needs. Think about exploring additional sources of income like part time jobs or freelancing. Try to save money by adopting frugal habits & cutting unnecessary expenses. You can take advantage of government assistance programs & maybe seek financial advice from professionals to make informed decisions.

Furthermore, plan very well and for every activity. If you are not married, plan the number of children to have, giving birth to too many children can put you the provider under pressure and financial stress. If you are married already and have children, do not plan to have more, engage in family planning so as to ensure that you do not start expecting any new children you do not really want.

Also, because the economic situation is not peculiar to you, there are friends and family members that may want to start depending on you for financial assistance, do what you can, but do not exceed your limits, or put yourself under the pressure to want to meet all their financial needs. You have to conserve more money now, invest and save for the days when you will need it.

Maybe your trouble with this world is that you are praying for things - wishing to some sky fairy like there is something out there going to save you and even if there were, chances are there are many people worse off than you who need helping first. How has all this praying in your life brought you to this current predicament? Maybe if there was a god, they are not even kind. Try existing without having the religious crutch to rely on and understand that man should judge man and society can make rules based on morality that changes over time. Too many societies have been ruined, because manipulative leaders twist words that were written thousands of years ago and have no reference points in the current world we live in.

If your post was made on the local board, it would have been better, most people here are not from your country, and they will hardly understand your post because you are making use of your local currency, which is the naira.
 
I am also from your country, and seriously, I don’t really know how people are surviving with that amount of money. Some people will pay for house rent, feeding, school fees, and other necessary things. Seriously, #50,000 is not even enough for a bachelor to take care of himself for a month, not to mention someone with a wife and children, y hat’s just kind of low.

Yes, it's not just in Africa, but all over the world including Asia wherein prices of basic commodities keeps on going up but the basic pay of people are stagnant. So there is no balance and so people continue to suffer and even had problems putting food in the table for their families.

I guess everyone here is really feeling the pain right now, and if we don't have stable jobs, gonna be difficult. There are people who go to extremes, like having 2 jobs or a side hustle but barely above waters in this trying times. And so we really have to prioritize things, like the education of our kids and again 24x7 shelter above them and basic necessities and hopefully we can all survived.

If prices in a country continue to rise, especially if the increase is large, it means the government in that country cannot control inflation. So prices have increased significantly. Usually, when inflation is high, the government will make social assistance policies for its citizens who are less well off to increase people's purchasing power.

From your local board engagement, it seems you are a Nigerian, and the 50k you mean, I guess you are referring to Nigerian local currency, which should be worth $32 if converted to the current rate based on my research. 

If the economic situation in Nigeria is so bad and the inflation rate is so high, then it's very important for you to cut down on your budget and relocate to a less expensive apartment or a location where the cost of living is less expensive. 

I remember, while I was young and growing up with my grandmother in a village, that she had a farm where she cultivated some vegetables, maize, potatoes, and some other crops that lasted no longer than 6 months before they were due for harvest. With such engagement in the cultivation of those vegetables, it helped her not to be buying everything in the market; at least she could easily get some vegetables from the farm, which helped to reduce costs for her. So, there are some locations where you will live and you can manage your finances very well, but if you are living in a city where the cost of living is very high, probably because traders travel far to purchase goods for their businesses, the price of things will definitely be higher than when you are living in a local place where you can get some things easily at a low cost. 

So, to help you fit it, relocate to a less expensive apartment, cut down on costs for your family, and always make a budget for your spending.

Other people are forced to find side hustles or a second job. You can't really depend on the government to provide aid or even help those who are in the poverty zone all the time. That's why this day and age is a curse to all the up and coming adults: you can never really raise a family with these wages unless you work double shifts or have another stream of income. That's also why most young adults are choosing not to bear kids, and with it comes declining population. Choose your poison, I guess. You can't have even the most basic of things if you have these people in power running things.

this kind of problem is though, try to solve a problem another problems arise, the government could be printing money to help the people in need but the price of foods in general gonna increase significantly.
the best course of action is the strengthen various vital fields like foods with agriculture and many more that way we can get past through many crises.
but we all know the trend of agriculture has been decreasing significantly in many places. it seems really grim future for us.
hopefully though there's no problem happening at the scale of world wide like war and similar, because it could further affect us and cause us to have smaller purchasing power.

This problem can happen in various countries and to everyone, but there is no point in complaining because the situation has happened and we have to accept it even though it is difficult and confusing to overcome economic conditions that are not appropriate to the situation.
And what we can do is overcome it and also overcome it independently by having a side job or additional income and that is the only thing that can help us overcome our economic problems, so that we remain well off without having to reduce important needs such as healthy food and education.
It is indeed difficult and not as easy as what is stated, but this is where we are required to be smart and independent in solving this problem because it is all for us and our families and the government will not care about our situation. But they're definitely working on it and it's only a matter of time, and being independent will make us much better off when things return to normal.

That is why we have to prepare for the worst because if not, we will end up in misery just like others who did nothing but accept their fate. The need to get a passive or extra source of income will give us a chance to fight back in times of crisis or economic pressure. We need sustainable investments for us and our family to survive. Much better for us to not rely on government financial aids as it might come too late and still sometimes not enough for us. I know most of us has lesson learned when crisis struck 2008-2009 and then pandemic came so be prepared.

That is a pressure almost everyone around the world is feeling, but other than to earn more money and trying to reduce costs there is not much else you can do, governments will do whatever they think it is better for them, and if this means approving policies which put millions of people at a disadvantage they do not care and will do so, so even if I can clearly see your point, there is nothing you can do to change the overall state of the economy on your country.

That is why there is a saying that the rich get richer and the poor get poorer because the rich are the ones who sell these goods and the ones who buy are the poor, and what is happening in almost all countries with difficult economies, for example, I bought 10 kilos rice and the next day the shop owner said the price had increased by more than 10% from the price I bought yesterday and usually this would be followed by an increase in the price of other ingredients, so what can be done? almost nothing other than accepting and trying to retrench and trying to find additional income which is not easy for developing and poor countries.

Last month, the inflation rate in Nigeria was 29.9% (https://tradingeconomics.com/nigeria/inflation-cpi) and I believe it will keep rising, the best is to convert your salary to Bitcoin in lightning network, use custodial exchange and wallet to minimize the fees and comfortable for beginners to use it. 50K Naira is only worth $33, that's why I say transaction fees need to be minimized as low as possible.

You can use the exchange in this list https://github.com/theDavidCoen/LightningExchanges

Then use bluewallet or wallet of satoshi as your wallet.

In fact, the current situation in the country and outside the country.  In this case, it has become very difficult for an ordinary day laborer to live. Earlier, he could do a whole week's market with 1000 taka, but now there is such a situation that you cannot do two days' market with 1000 taka.  At present the situation is such that the prices of the products are increasing manifold day by day and the prices of the products are not reducing at all because now we are feeling a situation that it is difficult for us to survive.  But an educated person does not have any problem because he  Earning money is increasing and there is no difficulty in doing business in that case, a busy person with a busy life is finding it very difficult to earn daily wages and the prices of others are increasing day by day.  What's in the future but pray Korea Inshallah we will definitely come out of this coinage one day.

Inflation is one of the worst diseases of the economy because of its direct impact on the middle and poor classes instead of the rich classes, and because the poor do not have assets but mostly liabilities and expenses, inflation will be very bad for members of this class.

People from Nigeria may give you better details, but you must know the cause of inflation in order to find the appropriate treatment. Is inflation in your country due to money printing, or due to an imbalance in exports and imports, or due to external influences? Then improving your skills to find a better job while investing any amount you have in food storage. Reducing any unnecessary expenses will help you greatly in reducing the effects of inflation.

A lot of countries are experiencing inflation. And we've all been experiencing it ever since. Compare the prices of stuff before to today's price, you will always see a huge difference. Everything's becoming more expensive each day. Just a few years will pass, the prices of goods would probably be doubled. I feel like even the government can't really do anything about it. Perhaps the best they can do is to try to maintain or slower the increase of commodities and goods.

It has been a long issue of inflation, and instead of waiting for the government to solve this issue, individuals are forced to find other ways to earn income instead of just relying to a single source of income so they can afford to live a comfortable life.

Financial pressure is something that affects every homes.its not really easy to have kids,cater for their financial needs like food,school fees,and even their upkeep.Inflation is one of the things that is affecting many countries presently,and its only the ones that understands how to deal with the logic that can survive here.

Inflation exists in many nations, if you look at the inflation rates in nations, Venezeula, Zimbabwe, Sudan, Argentina and Turkey has some of the highest, Nigeria is not in that list. It is of course important for those people to earn in dollars, to have a stable income. If you make the fiat of those nations your money will be gone for good, and that is not really something you could expect at all. However, if you end up with something that would be smaller, then you are going to end up with a good return.

Hopefully, we could see it change one way or another, and with that we could consider making some USDT income at crypto, and that will definitely allow these people to get a good return one way or another thanks to bitcoin.

I think if something like that happens, people have to think about what to do next, but I don't know how people can be in that situation, because human fate is different, some are born rich, some are born poor, some just live. enjoy life, some have to struggle to be able to eat every day.
but it's all based on initial financial management.

I understand how you feel because we Nigerians need prayer on our economic situation. Inflation has really affected our economy as the price of goods are going up due to some common economic mistakes our leaders did.
It started when the Nigerian government announces the removal of fuel subsidy, then the instability of Naira to dollar value.

Nigerians mostly depends on importation, and their currency Naira loses value to USD, as a result of that, if business people import goods, they sell it at a very high price and if the dollar to Naira value keep dropping, the price of goods keep increasing that is why the inflation rate is becoming high.

Nigerian Government need to stabilize the exchange rate to bring an end to this problems.

I dont see how you can help yourself to a better state of living at the current situation. Cost of living has increased with you are implying from the cost of the same soap. You cannot always increase your own wage by your own to balance that. In Nigeria, the situation is indeed bad and have you ever given the thought of moving to a different place?

Bringing three kids to the world was your decision so now you have to face the problems. Bitcoin might help to combat the inflation but to what extent, I cant say. Better you try it out and see for yourself.

We need to know this that there's pressure everywhere, we are the ones to know how we could manage well those pressure and avoid being under it influence, there are times we also have to pretend as if we are not seeing some things happening, even though they were happening and others were being affected by it, we should instead focus on finding a means of rescue in such a way that we will be exempted from being affected of the pressure going on, but the more we are being much concerned the more its likely to affect us along with other people being affected already.

If we compare it to initial financial management for all people, basically not all of them were born from rich families and not all of them were born from poor families. This seems unfair because those who were born poor obviously don't have the money to manage them well in their own lives, while those who were born rich certainly have the money to manage them well in their lives. So, in terms of initial financial management, it may only apply to those who are rich, because those who are poor have to struggle with many things to be able to do things better.

Apart from that, the life struggle between those who were born rich and those who were born poor is very different, because those who were born poor must be able to prioritize two important things in their lives. The first is about filling their stomachs, and the second is about how they can manage their money well after they earn it through their own work. Meanwhile, those who are rich can immediately apply how to manage their money well because they already have money straight away without having to think about how to fill their stomachs every day.

This is Nigeria thread, you should have posted it in the local board or you make references in your currency to what other people can understand so that they can relate like telling them what inflation rate is and how the dollar has appreciated to a naira since the new government came into the office on the month of May 2023 and also how the fuel subsidy has been removed tocm curb corruption but all not working.

I was watching Channels TV, I'm sure you are familiar with such TV stations and one economist was lambasting the president Tinubu governance, I think so far in the history of Nigeria, this is the worst economy we have face and most challenging one for that matter. Even PDP 8 years of bad governorship isn't as worse as this despite meeting empty reserve, this is the worst to say. The cement is selling for ₦11,000 to a bag and Naira to dollar is trading at ₦1640/$, I think Nigeria is heading into worst time + recession soon.

Inflation is continually on the rise and from the look of things, you cannot rely on the government to come up better solutions to ameliorate the current economic challenges in country.

To make the impact less severe:

• Buy and hodl bitcoin.
• Get foreign currencies and store in dorms account.
• Don't rely on a single job, look for multiple streams of income. If you've a farmland, grow vegetables, cassava, yam, plantain etc, to generate more income.
• Spend less on frivolities.

I have to ask why someone have 3 children when they're only making 50k per year?  One of the things that I come across most while financially preparing people for retirement is those whom have a multitude of children, yet have low to "middle of the road" jobs, always have, and yet they still continued to have more children.  I honestly don't understand this. (I'm not saying this is the case with you necessarily, but in general).

I hope you remain strong in the midst of this uncertain economic pressure, friend, and it's not just you who feels it, almost everyone in the world feels the same way, this is hellish inflation.
every month the price of raw rice in my city rises by 1%, sometimes I wonder what the government is actually doing, why they are unable to overcome the inflation problem that is occurring, why there is no definite solution to reduce the difficulties experienced by the small people.
Easy solutions such as cash assistance every month, free access to health will really help people from low economic levels, for now, if you haven't received all of that, I hope you are patient, you have to be strong, enthusiastic about your children's future.

Please, whenever you are describing the amount of value of money it will be comprehensive for you to use sign of the currency or just equate it to dollar. I don't really understand the value of the amount in dollar but that shouldn't be a problem. Currently inflation is just everywhere. People keeps complaining about the high rise of food stuff and provisions. Does that mean that we are closed to the end of the world? The inflation is too high even in advanced countries, people are complaining of high rise of goods and the salary is not increased.

Pressure is really something. When things get tight economically, it's like doing a jigsaw puzzle with missing pieces. A budget can be your map to figure out where your money goes. Focus on the must-haves first like food and a roof over your head. If your income isn't cutting it, consider side gigs or learning new skills for a potential boost. It's all about adapting and finding ways to make the financial puzzle fit even when it seems like some pieces are missing.We dont have a choice, we need to survive and enjoy life as much as possible

The current state of the economy is not very good. Especially the prices of goods are increasing day by day. Because of this, those in the middle and lower middle classes are threatened to run their families with little money at the end of the month. In such a situation, what the middle-class people should do is not to spend unnecessarily, eliminate unnecessary expenses, find different ways to earn money without depending on one medium. Spend the entire month according to a plan. It may still be stressful for us, but planning may bring some relief.

This directly indicates the current pressure facing many countries presently around the globe. The mistake you made was using a local currency, but nevertheless, many countries in the world are suffering from inflation, and I know Nigeria is also one of those countries. It is not just African countries that are presently in this situation. Other countries that also face the same inflation, or even more than that of Nigeria, include the following: Turkey, Argentina, Iran, Venezuela, Ethiopia, Haiti, Ghana, Nigeria, and a lot of them, seeing all those countries facing the same issues of inflation, which is causing a trait to the world entirely.


This is a great point of pressure and suffering because, even with a budget, it will be so simple for such a house to fulfil most of their needs as a result of their income. Many issues of hunger come from those families, and all these things are what trigger many crime rates in society, like thuggery, drug abuse, kidnapping, prostitution, and many more. The only solution to this inflation in a household is to allocate diverse ways of income, create a meal plan, pay all depths, have an effective review of the budget, open higher savings account and so on.

Now this is also something I often encounter, someone who has a middle to lower economic situation, they have many children. One of the reasons I have encountered is also that they hope that one of their children can help their economy when they grow up. I'm not going to judge this as wrong or right, but we know the risks are always there, such as the child not getting enough education and so on.
In my own country, there is a government program that says two children are better, but not everyone agrees with it. Yes, I understand that this is our right because it is a recommendation. But here we also have to consider, do not let children become victims.

You see this is why government policies have some logic behind them and people dont realize their bad habits. Having more children does not necessarily mean that your future income from these children will be multiplying - that will only happen if each of them gets educated and skilled enough to get an income of that standard to support themselves. If you cant pay for that first part, then forget about the second part.

In that way government who attempted to curb the number of children in a household have done a right thing in my opinion. Think twice before having more than one or two, if you are unable to feed them, use a condom.  ::)

It sounds like your income may be below the minimum wage in your country. I understand that this can be a difficult situation, and it's completely understandable to feel pressure to provide for your family. While enduring a low-paying job can be tough, there are ways to work towards improving your income. Investing time in learning new skills, like programming or freelance writing, can open up new job opportunities with higher wages. There are also online resources and training programs available that can help you develop your skills. Remember, progress takes time and dedication, so be patient with yourself and celebrate your achievements along the way.

Everyone has a different fate in their lives, for those who are born into families with sufficient wealth, it is very unlikely that they will experience economic difficulties and they will never know how people experience economic difficulties, but for those who are born From families who have little wealth, of course they will have experienced what it would be like if they experienced economic problems, they only think about how to meet their daily needs and also how to survive without thinking about how to save.

These two financial situations will make two differences in terms of viewpoints and ways of valuing money, when you are born into a rich family then maybe you will not have any problems in terms of finances, or that means you will have no difficulty when you want something or buy the things you want and making ends meet is easy for you, but if the situation is reversed, in the sense that you are someone who has medium or even below average finances then obviously the amount of money that a rich person thinks is nothing but for you it is something very valuable.

And it means as you said that when they are born into a rich family then simply they will never feel any difficulty in terms of finances and for the poor then it is the opposite, so as I said above that there are two different perspectives on the value of money. On the other hand usually rich people's children are more likely to squander money because they feel that they can afford to do so, but actually no matter if you are rich or not, the perspective on the value of money should be the same, or that means we should really be able to appreciate any amount of money because this will lead to good actions and habits for management, life will not always have the upper hand and that means there is a possibility for rich people to go bankrupt and financial management such as saving money will be very important for you in any situation especially when you experience bankruptcy in the future.

Maybe that's true, but I think the environment really influences a person's thinking, imagine a child born to a poor family, even though he doesn't have dependents, but the way he thinks with rich people may be different because their environment is different.
So habits and environment are also factors why people get caught up in this.
for example, you are not a smoker but your close friends smoke and you have been friends for a long time, maybe you will become a smoker too.
but yeah if the first like you said if we compare, that really totally different start.

In my country the price of every food item has increased so much that you cannot imagine how much people in poor and middle class families are struggling to survive. Here the food production is good but there are many cases of unsustainable practice of selling it in the market at higher prices. It is really less security of strict laws because of which people continue these activities by going beyond the laws of the government. Besides the means of earning money are the same and the wages of the people are still low. However you should always prepare yourself according to your ability to earn and spend money.

In some countries in Africa where back in those days we find that amount of money (50k) like you call it, we see it as something big, we can use it to feed those 3kids, wife, pay their school fees, drop money for the wife to take good care of herself and pay the rent too with more money to still go round again but now things have changed. That amount of money can't take care of the family in a month, the society has gotten so bad to the extent that we don't know if working and saving is the right way to live.
Everything has to do with the government, they're the cause of it all, imagine how they think just to get their pockets to be as fast as an elephant without thinking of the poor masses. If they increase the price of fuel I don't think those transporting goods and properties even humans will charge less, to me that's the number effect of things going high everyday in some countries, ones transportation fee is high everybody would try to make gain when they start selling in the market so OP that's one cause of things changing price everyday.

Just like I said before, having many children does not always give us something good for the future, especially if we cannot cover or fulfill all their needs, from food, clothing, education and others. We can't hope for something that is uncertain, if that's the case then we look like we want luck to come to us.
There are those whose children can raise the status of their families, but not everything goes as planned. It is quite worrying to see that in the end the child does not get what they need when they are still young. And it is not uncommon for me to see them having to work even though they are still at an age where they should still be in education.
Of course the government will consider when they make decisions that will come out as policies or recommendations. But again as I said before, not everyone can see deeper why the government issued the recommendation or policy.

It is not just external factors that have caused this. There are also many mistakes made by the counties themself.  The same in Germany. There, too, the country was hit economically by the war in Ukraine, but the reasons for the current recession also have to do with the incompetent government. The situation is similar in the UK, which has not developed any ideas for country's economy since the Brexit vote. There are also many positive examples of countries in the EU that have also been affected by external factors such as the war in Ukraine, but are nevertheless developing positively, e.g. Spain.

Under no circumstances should anyone blame the traders or food sellers in our respective areas, because not all of them deliberately increase the price of goods if they can still get their goods at a cheaper price. The increase in food and food supplies is indeed a problem for everyone and this is not only felt by poor and middle class families, but is also felt by street vendors who are also struggling to make a profit so they can buy a bite of food for their family members at home.

So in cases like this, the government must be more involved in stepping in to ensure that food ingredients do not become more expensive at any time so that all elements of society can experience prosperity so that people do not always experience hardship. Apart from that, job vacancy sectors also need to be paid attention to because this is the main sector for increasing people's income for those who are unable to create jobs themselves. Because when there are many job sectors that can be utilized by the community, of course all elements will no longer find it difficult to earn money and fulfill their own daily needs.

Inflation have practically taken over the price of everything in most part of the world, it's not only in your country, though in some places it quite worse, but this shows why it's not really good now to depend only on a source of income, so that even though the inflation rate is very high in your country, you wouldn't feel much of the effect if you have more than one thing that brings you more income, so my advice to you is that you should look for a way to add another source of income, to lighten your financial burden.

Poverty is a huge challenge, and not having enough money to cover basic expenses can be frustrating. Ideally, it's something that the state should work on, to offer some support and special opportunities to those who are struggling.
Another thing that generally helped in developed countries was feminism, actually, because tons of women joined the workforce on par with men, and having two major earners in a family makes things much easier.
Sometimes, you can also gather natural resources, but that depends on where you live and what kind of laws and customs you have there. In my country, it's possible (and pretty common) to gather mushrooms and go fishing as food sources.

50k is of course depending on the nation, because in my nation that would mean you would be rich, you could have 8 kids and still be able to look after them (well at that point money won't be your only issue lol). However, considering it as USA, and if we put that into my nations situation, I would say probably someone who makes around 10k a year. With three kids, and 10k a year, you do not live properly at all.

There are a few problems there, first of all if you are not ready for it then you should not have three kids, it is unfair to them as well, but as long as they have mother love and father love, even if they are raised in poverty, they will become good people who will help the world. Isn't that all we should want as parents? Sure we would also love to give all of them Mercedes and yachts and buildings. However, I would rather have a good person as my kid, then a rich one.

50k income in one month in USD is enough for me to cover responsibilities for 3 children and 1 wife. If this amount is received as a steady income for one month, you will already be classified as a rich person considering the prices of all goods are expensive.

If the figure referred to is in US Dollars, then for more than one month the amount of fixed income will not make it difficult at all to live with 4 dependents even though living under economic pressure.
What will be difficult is if the income earned for one month is below the minimum wage. You really won't be able to bear the responsibility of being the head of a family with 3 children.

The price increase is not only in your country but everywhere, and this hike shows that the government is not responsible and has been careless all this while. Currently, in my state, I think the governor is trying to regulate the price of goods and not just regulate because it is a free market, so the governor is looking for possible ways to support the farmers if not, it will be difficult for him to be able to regulate the free market.

Even the rich are finding life difficult because of the increase in all commodities because it looks as if all products have 5 to 10 times their initial prices. For average people, you cannot even eat to your satisfaction, and everyone is avoiding waste by all means. and only a few productions, and that is also contributing, and the government is folding its hands and doing nothing. Just very few politicians are interested in the welfare of the people. Anyone who goes above the government should be punished, not more than that if not, people will continue to contribute to this economic problem we have today.

Well social security is about $1000 to $1200 a month with some extra. So many living with around $12k to 15k. If you have 50k you are in a more senior position than many others. You shouldn't be blinded by all the $100k+ people flexing it on Tiktok and Youtube. Of course, it also depends on the region, but if you don't live in the centers and don't throw your money away, then you should be fine.

Inflation sucks, It hits low-income folks the hardest, like a bully picking on the smaller kids.  Why? 'Cause they don't have fancy investments or stockpiles of gold, just their income, which inflation slowly chews away at. Imagine trying to buy groceries when food prices are skyrocketing – not fun.

Now, figuring out the exact culprit behind inflation can be tricky. Sometimes the government prints too much money, other times there's a supply chain snafu, or maybe it's something else entirely. But hey, knowledge is power! Understanding the cause helps us find solutions.

While learning new skills to land a better job or stashing some cash in food storage can help you personally weather the inflation storm, it's like putting a Band-Aid on a bigger problem. To truly tackle this beast, we need to work together. Governments could step in with targeted help for those struggling, like making sure basic necessities stay affordable. They could also be smarter with their spending, avoiding printing money like it's going out of style. And central banks have tools like interest rates to manage inflation, but it's a delicate dance they gotta do.

This is why it's important to think twice first before having a family because life is not easy especially if you are born to be poor. Before having a family, make sure to finish your studies first and have a good job to be able to save and invest. We don't want to see our family suffer only because of our naughtiness.

Even though many people don't understand inflation because they are not really educated, they can still be able to survive but maybe their lives are still the same poor. There's also less educated people who can get lucky or maybe skilful enough to go out of their poor situation. That is nice to know because at least we know that life is not really unfair.

This post is specifically addressed to Nigeria because that is the country that most needs assistance right now. People there can't even sleep or wake up peacefully these days because there are so many things on their minds. In fact, things are getting out of control to the point where people are crying in the streets and demanding help from the government. This is not what the government promised the people, and some have become so afraid of the government that they have decided not to vote again.

I have witnessed thousands of families crying over this difficult economic climate, but the government has chosen to remain silent and to keep asking people to calm down for them. Yes, I know that government actions include trying to calm people down, but if these families perished from hunger, the government will be held accountable by God when He judges them because a leader cannot watch his people perish from starvation.

A week later, the dollar to a Naira is trading above ₦1800, I don't know what your state of mind will be right now about the economy. Nigerian is going through hard time right now, things are rally tough as food inflation and economy inflation are so high right now, the only thing that has not increased in price is only the air that we breath in daily, it's so difficult for anyone earning in Naira to survive this economy.

The problem started from the fuel subsidy that the government remove even though I have heard that the government is doing it back door because the landing cost of petrol should be around a ₦1,000 but the government are keeping down below ₦700. If the government don't hold it around that price range, the life of average Nigerians and rich men will be miserable.

Obviously, we are not  exporting anything significant to give the Naira demand and because the importation is high, there is buck demand of dollars and since it's getting higher due to the advice of world bank and IMF of floating the Naira, the government has also stop subsidizing the dollar to naira and we are now feeling the heat so bad because we are to used to subsidy.

Such difficult situations are what causes corruption. Such man when he is enticed in the office with money to do the wrong thing, he is likely going to do that and collect the bribe money to augment his salary not minding the havoc his action or omission will cause to the company, the economy and the country at large. This is why the government need to grow the economy genuinely and make provisions for better standard of living including the enumeration of workers, proper health care and welfare packages so that they would give in their best without fear or favour.

For instance if that same family man was well paid with all his work entitlements and benefits for him and his children welfare is sure like it is in an organised and working country, then he won't fall for such temptation. So not falling for such bribery temptation to manipulate figure or to omit same for collection of certain heinous bribe. This pulls the economy backwards because some thing has gone wrong. Low salary and low standard of living leads to distrust, compromise and the height of it being corruption that gradually kills the countries economy.

Prayers has nothing to do with economy and governance,  if the right things are not done you can pray from now till the the end and nothing will change. The economy problems are not spiritual that prayers are needed for it to be solved.  This things are things that is being handled by man, man is the cause of inflation,  economy problem,  and bad governance.  This can be fixed when we have good leaders that are competent of solving problems and have good reasoning in generating money.

Op we are in the inflation era which you shouldn't be surprised to see when price of commodities changes, it is expected for price of things to increase during inflation that is why in times like this it is important for one to increase income by creating more sources of income to be able to survive the increase of price in the market. 

It's not just about one country, most countries in the world are going through the same thing, and people who aren't rich or have high incomes are suffering from this thing. Inflation keeps going up while minimum wages that matter a lot stays the same in most countries and people who are not doing very well financially suffer because of this issue, their employers don't increase their wages and the economy keeps getting worse.

These issues cannot be solved unless the government starts focusing on these things, but most of the time, governments of countries that are suffering from such economies don't care because they are filling their pockets from tax money and they will retire once they are not in power and will go to a foreign country to spend the rest of their lives in luxury along with their families while people of the country are left to suffer.

Economic stress is a great stress.  Money is very much needed for daily living and survival.  I don't think there is any solution to economic pressure.  When people are physically ill, they can get well by taking medicine, but there is no medicine for financial crisis.  After the covid, the situation of many countries was very bad, most of the countries were able to overcome the pressure, but the developing countries are still under the pressure.  The rise in commodity prices has put people's lives at risk.  People are living life with great suffering.  The prices of consumer goods have increased but the amount of money earned by people has not increased.  Because of this, most of the people of the country are now suffering from economic pressure.

Even the countries with huge GDPs are also having their own problems when it comes to commodity prices. It's the little ones that are very much affected as gas/oil prices are the first we need every day. Food as the most important will be sacrificed this time by the parents, as I have read in some news are skipping meals already.

So many company layoffs these days that I see closed shops on every corner of the city. The stalls in the mall where I usually go to buy tacos and hotdogs are gone.
We are already in recession but the media are just not telling it on TV.

To be able to meet daily needs, of course everyone needs money to be able to pay for the needs they need. Without having money, it will be very difficult to live this life because for every need we have we have to pay for it. The increase in the price of goods will certainly be very difficult for some people who have low incomes so they have to be very frugal and manage their money well in order to meet their needs, for now we have to try to find several sources of income to be able to meet the needs we have and if we can still hold back our desires, of course it will be better in the current economic situation.

That is the profound impact that fluctuations in commodity prices and economic downturns have on communities, particularly those already vulnerable. It's indeed distressing to witness the ripple effects of economic challenges, with essentials like gas and food becoming increasingly unaffordable for many. The struggles faced by individuals and families, such as having to skip meals to make ends meet, imply the urgency of addressing economic disparities and ensuring access to basic necessities for all members of society.

The closure of businesses and widespread layoffs further accentuates the severity of the economic downturn, with the effects palpable in everyday life, from vacant storefronts to dwindling job opportunities. Maybe there is a common disconnect between official economic indicators and the lived experiences of individuals on the ground. While official economic indicators provide valuable insights into the overall health of an economy, they often fail to capture the nuanced realities experienced by individuals and communities on the ground.

The majority of people in countries feel the economic pressure greatly. When you put pressure on each living creature, that creature will get sick and will not be able to handle the situation as long as this pressure lasts for a long time. I understand the economic pressure. We are in a period where we have difficulty in meeting even basic needs. We are in a deepening economic crisis all over the world. We are experiencing this, of course, this economic crisis will not be endless. We should put everything that is going on aside and focus on doing what is best for ourselves and our family. If you are going to leave the rest to your flow and destiny. In some situations that are not related to you, not thinking about those situations can produce better results.

You arent the only one who do suffer such problem brother but most people who are living in between middle-low class will really be having those day to day challenges on which inflation is really something that
makes us even hard to survive if we are really just that depending into our salary which there's no way that we could really be able to avoid such thing but only having that additional income or source
that you could have.So that you would be able to patch up those lacking funds with your budget. It is hard but its not impossible. It would really be just that depending on how you work hard on finding those
other income source.You should be wise with your decisions of course.

Economic pressure or problems doesnt really easily resolved out. Year by year it becomes worst. So as common sense tell you then having other source of income
will be the key specially if you do find out that your current earning or income doesnt really fit out or not enough.

Yes, the country is currently not really reducing inflation, because in all corners of the world they are screaming about the expensive prices of basic commodities in the market, such as rice, edible oil and other basic commodities, they also have to think about what the fate of society is now, now everyone is in trouble. , work is difficult, the economy is declining, the prices of basic necessities are all rising and never going down, what will happen to society in the future if the prices of basic commodities continue to rise and never go down, such as free basic necessities for the poor, I don't think that's a valid solution for dealing with the poor, but they You have to also think about the welfare of your own community, then help the community's economy to stabilize, the prices of basic food ingredients don't rise, I think the community will also be happy if the government takes such a shortage, it doesn't make it difficult for the community but it improves the welfare of the people.

Every country must feel the economic pressure of every society, especially the middle class will definitely have an uncertain global economy. Indeed, many people feel how difficult the economy has been difficult for several years, not only emergency savings that have been dry but investment assets must be forced to be sold to be sold to fill life.
The solution for all of this is indeed the role of the state is very necessary starting to have no more corruption, so that the state is more advanced and its poverty level has fallen significantly.

The current economy is indeed very difficult, the money is at the lowest point because money only piles up among the upper community, in the community the lower circles of money are dry. The government must take a solution so that the situation does not get worse. There are times when the government must succumb for the survival of the people, lower the lowest possible tax and find other solutions for state revenue. With low tax economic people will improve.

Economic pressure is really affecting the human living badly,it has been leading to people commiting suicide because they can't bear the pressure.people falling sick and there is no enough money to take medications because product are getting higher by the day.it not really helping matters instead giving more people depression.the world is now a jungle were the strongest only survive.

It's not really the fault of politicians that we are not managed well. Voters usually do not elect the person that tells them the worst thing, they end up electing the people who say what we want to hear, and that is why we have bad leaders all around the world. We shouldn't vote for the people who say the things we want to hear them say, we should elect people who say things that would be painful to hear, but the reality.

A true leader will know that it will suck for a long time before we could do better, and that means we are not going to end up doing anything good, we will end up with as much of a change as we possibly could, that's just the reality of it. I hope that the life we live in is not that hard, but sometimes we just do it to ourselves.

This is indeed normal, mate, because every human being who wants a more comfortable life and wants to survive better in difficult conditions must be willing to fight in order to achieve the results he desires. Because it is highly discouraged for every human being to be lazy and not fight for anything if their desire is to be successful in world and economic conditions that often experience uncertain changes like today.

Everyone must be able to survive the environmental pressure that always comes to everyone, so no one should complain about it because other people can also feel the same thing, although sometimes everyone will handle it differently. So there is no need to talk about this excessive pressure as long as you yourself still have the desire to get up and fight difficult conditions to become very ordinary conditions, especially for yourself. Because in general, only a few people will feel sorry for you when you start complaining about things like that in life.

Everyone wants the simple life; it's obvious. Comfort doesn't come free like samples. It must be grabbed and fought for. The world is uncertain and evolving. So what? Its job. Your job? Outwit it to adapt. Lazy? That's no go. If you want success in this whirling economy, no. Also, pressure? Buddy, it's universal. We feel and cope differently. But whining? Nothing comes of that. Fast

Be wise: only you can convert your problems into the norm and improve your game. Nobody has time for pity parties. Their own conflicts are ongoing. Cut the complaints, focus, and remember: life and finance are about adapting or falling behind. Simply no excuses

In this situation the best is to look for a solution and focus more on balancing with the economy standards, like I will always say "it was not so during the early times" but as time goes on and things continue to change we also must adapt to the system. In times like this let's be honest your salary can never satisfy your standard of living mostly those low salary earners except you've not gotten a family but if you're with wife and kids you'll definitely find other source of income that can help with other needs. Secondly earn with little things like, advertising, social media influencing job still related to advertising. We view common things like nothing and surprising people earn good money using their social app. If you're looking for a way to earn then they're a lot of job to keep up with during this time that's why it's always advisable to learn different skills.

We can’t tell since you haven’t given detailed information on your cost of living. You speak about paying of rent but there’s still no way to compare. But  from how you sound, irrespective of the amount, it seems you are undergoing a really intense economic crisis in Nigeria. What if you try leaving your country to work in another country? It isn’t easy but this is what every other country does.

It happens all over the region and strangely people go through the process on their own despite the hardships of having to survive for very important needs. Conditions like this force people to live frugally and when they eat, they have to buy one egg to eat with four children. What makes people get through these situations and I only see patience and trying to live as economically as possible. For some people who are able to work hard even though the job is not permanent, they will definitely do it because they cannot possibly wait for this to be resolved by itself.

The economy in certain countries is very bad and the government always has an indirect impact on society. Surprisingly, they don't offer any solutions and the rest of us, the small community, are required to solve every problem. There are many children who cannot get access to education, treatment or adequate nutrition, this is very sad and there is no solution that they can do.

Difficult financial conditions put men under quite pressure, many of them prefer the fast route by ending their own lives with limitations and pressure on financial conditions. However, not all the pressures faced by a man prefer the fast route by ending his life, many struggle from difficult economic conditions to being able to become financially stable with hard work and being able to face strong pressure, especially financial problems. I think don't make your self controlling by pressure exactly with difficult financial condition, there are have thousand way how to increasing with financial condition and make us opening new journey to be success in the future.
Don't make economic pressure blame your self how to get second chance to make financial better, have one think before take decision the end your life what most important do you have, family, friend, your sister or brother and life for them get better economic condition.

How funny. Every threads must have point to focus on else it would be meaningless so regarding that the thread is based on the form of hardship as pointed out . Therein, economy and hard times of survival as a cause of inflations and high cost of living is best fit for this economy global discussion board if as much as you said that it is not only affected to the Nigerians then it should be an economy global crisis to be discussed here.

Indeed it is saddening and unbearable when you struggles to make an earning even at when the economy is kinda appreciating talk more about the economy downtimes and then booms on of a sudden that the cost rate of goods and services has been multiplied.
It should be believed that the OP is crying out loud out here because he is been depressed and feels he could find solutions on how to boycott the survival situations in the harden economy condition within the country.

Earning a higher income is not so easy for most of us. The better way is to put money aside when times are better and invest, especially in companies that benefit from inflation, e.g. consumer goods. Then you also benefit indirectly from inflation and don't have to worry so much about extra income. However, this presupposes that you save in good times and don't consume everything.

There is problem in the world and this is not just happening in one area but in multiple regions and everyone is complaining too even the rich too are complaining that there business is not bumming the way it was before. Economy inflation has make things more expensive than what it is now. We need to check and make sure that we look for other things we can be doing so that we will not going to have problems dealing with our financial stress. The world is going to an end and there will be more problems coming that would make people to curse God. I pray that time will not be now.

It is not easy to cope in this current economic crisis but I think to give up is not the solution of this , their is a way out from this challenge.  Instead of one thinking and getting depressed it is better to think positively on how money can be made. The good thing about this challenge is that it is affecting everyone,  I'm not in it alone,  I don't see any reason why I should think and be depressed,  it will get better it is just a matter of time.

It has always been this way, it's just that the world now knows what's happening in another corner of the world due to technology which hasn't been the case in history and people wouldn't know what's happening in the town next to them unless someone had visited and came back to bring back news and updates, but nowadays, you know almost everything that's happening around the globe because of the widespread use of the internet and other means of communication.

So, the fact that the world is a jungle and only the strongest will survive has always been present but was just unknown by the most which isn't the case anymore, so now even the poor know what's happening because there is more awareness among people these days.

We are facing challenges today based on the countries that we belong to or the country we found ourselves there is some certain country whereby everything in their country is being regulate and control by the government not being determined by the entrepreneurs inflation occur incapability of the government to determine the commodity of the country so what ever thing that is happening in any country based on inflation and harshship is being determined by the government but increment and decrements of raw materials those things can be controlled by the government of that particular nature.

I know right well that before you figure out this analysis or this point of yours there is something that you have experience from your country but the end product of this question is that government that have almost 80% to regulate or determined the cost of things, any sudden increments of commodities in a country is being determined by the government and law makers of the country.

When an economic crisis hits, the government and we have to think about a solution together, it's not easy but the government's role is very important in how to overcome it all, from inflation to the economic crisis under the auspices of the government, they have ministers and cabinets who handle their fields. themselves, they have to find a solution and a way out of all this, what will happen to the people if the economic crisis continues to hit, we as people also have to help each other find a way out, for those of us who have small or medium businesses we also have to be good at maintaining the economy at least economy for ourselves and our families, stabilize our own economy first, then we think about how to solve the problems that exist in our own country, hopefully we will not be affected by the ongoing economic crisis.

Difficulties and pressures will always have a solution and it depends on how someone can be responsible for their life. The increasingly bad economy forces people to find ways to make ends meet and we are required to have skills in earning money amidst current economic conditions. Household needs are increasing because prices continue to rise and the minimum wage for workers only rises above the average which cannot be kept up with needs and expenses. Conditions like this make it even worse for men who have responsibilities towards their families and if they are unable to find decent work it will end up being very disappointing.

We have to do many things to balance life and as long as the big responsibilities towards the family are not fulfilled then don't expect any joy in life. Because the burden on men is very large if household needs are not met and we will definitely become increasingly depressed and lose direction if we are faced with this problem. Try to find a stable job and live as simply as possible so you can balance your expenses and income.

Yes exactly, basically this is indeed the task of the government that must re-adjust and balance the economic structure in the country, if the case of this economic crisis is experienced by most people in the country then clearly this has become the obligation of the government, I am sure that people who experience such economic downturns are not unwilling to work but the difficulty of employment in their country is a big problem for them which is added to the price of basic necessities is increasing over time but income and unable to balance and meet all the needs of their lives because of difficult employment.

Inflation can lead to many negative problems in the economy and one of them is certainly reducing people's purchasing power because the price of necessities is increasing and it makes it more difficult for people to spend money because they will prioritize long-term savings, but however needs cannot be tolerated, therefore if problems like this are not immediately handled by the government then most likely it will not take long for people to end up starving when income and expenses are not balanced.

Economic recession is prevailing all over the world and in every country.You may be talking about the economic condition of your country from Nigeria or economic stress just like in our country different citizens are suffering from various economic problems.Most of the citizens of our country are under economic stress because the prices of daily commodities are constantly increasing in our country due to which the common people are living a very ordinary life.

There are many products in our country whose price is $100 one week and then increases to $200 the next week just example.

Maybe it's not the difficulty that makes us afraid and choose to give up, but the fear itself makes it even more difficult for us. Giving up on the situation doesn't seem like the right choice, because it won't change anything. And I quite believe that God will never give trials above the abilities of his servants. And God depends on his human prejudices. God will not change the condition of a people, unless it is the people who change it.

So in my opinion there is no reason to give up, it all depends on the effort we put in. Continuing to be optimistic that I will be able to overcome this situation, this is what we must instill in ourselves. At the moment we are indeed faced with a quite difficult economic situation, giving rise to doubts that we will be able to get through all of this. But don't let fear and doubt continue to haunt our minds, and hinder the process. Open our minds and hearts to accept new things that come in the form of challenges and difficulties, try to face them with a straight head and full of self-confidence.

I mean, what is there to do really, it's not like inflation's gonna stop just because you wanted it to stop. It's not how it works. The thing is that inflation's been a massive problem, even in the past, it just so happened that there are a lot of exploitable ventures back then that they were able to maximize which lead to generational wealth. It's quite harder to accomplish the same feat now but it's not impossible, matter of fact I would say that the internet is one of the biggest things you should capitalize on if you wanted to really succeed.

The secret to financial success is not really to always complain about how high prices are nowadays, and no don't get me wrong, this isn't me being elitist or whatever, matter of fact I stand by the poor who were not able to really find the money to support themselves on a daily basis, but we're not poor, we have all the tools in the world to get to where we want to be, we just need to learn the right things, and be very responsible with money. Pretty sure even your example of a family man earning 50k on a monthly basis will have just enough to get by, get savings, and still be able to take their kids to some formal education, and that is without bitcoin, imagine just how greater the implications would be if bitcoin is then incorporated into the system!

I completely agree with you, economy pressure is something someone can't withstand, especially when it comes with it's problems like bills, foods, especially now that things are very costly, which makes people go extra miles just to make a living or just to survive because in this our society, once the price of things are up, it won't come down again, so I think it's very wise for everyone to work very hard and advisable to go into cryptocurrency because anyone earning in cryptocurrency has more advantage of surviving the economy pressure than someone who depends on salary

If a person can use this market to their advantage, more power to them, but this is a solution only a handful of people can effectively use, since there is a great deal of people that try it and then instead of protecting their capital and getting some small profits, what they get is scammed by a random person online and lose whatever capital they had left, so we must not deceive ourselves and think that this market by itself is the solution to our problems, because it is not.

You couldn't be more right by implying that the financial market isn't the solution to everyone. On the contrary, it is infact a very big problem to those who are inexperienced or lacking adequate knowledge about how they work. Everyone in the financial market can testify that the risks involved in the financial market is humongous, from the risk of being scammed, down to the risk of losing all your money when you make a bad Investment.
Before anyone decides to fully go into the financial market, there's need to always sort for the knowledge and equip yourself with the right resources, those are the things that determines how successful you will turn out to be in the financial market, or if you be out in a matter of weeks.

The government must be able to overcome difficult situations like this. People's income is not commensurate with the costs that must be incurred to meet all their needs.  The main factor must be to be able to stabilize food prices and also provide economic equality to the people, especially the lower middle class who must be able to earn sufficient income.  There will be pros and cons between the government and employers if wages are increased, but this must be agreed upon so that there are no detrimental effects.

Here it is what's called as era shift.Thie world and the political and economical system it's working on is now outdated.Countries and in debt and they are taking more debt to payback the previous one. People are moving below the poverty line day by day.Thw consumption of goods is decreasing and people have started to compromise on many things.

We just have to make sure that how we can survive this cruel world it's only by sacrificing our wishes and by focusing on our needs only. The crisis will be even more in the coming future and no one could ignore that we are a generation that is here to face the crisis and we have been left with no option.

Nobody forced this man to have 3 kids, if he felt like he could not support them reasonably, so it is irresponsible in the scenario given. His lack of contraception usage is a problem that he has brought on himself and his family, so why should others have sympathy, but at the very least in many countries he would get government support at different levels. Pressure can also help build a man up to be an even better provider for his family, as it might drive creative thinking and inspiration in the aim of seeking out a better future for all of them. You could said it is a weak man who runs, hides or breaks down in the face of pressure that he has created upon himself out of a lack of self control in the bedroom.

In today's competitive world and growing market system it is understood that no fixed country but every country is going through economic stress. If you observe the market daily you will see how quickly commodity prices change or increase over a very short period. This rise in commodity prices started in the world market during the Corona period and since the Russia-Ukraine war. But our salary is not increasing in line with this growing market system so as the common citizens of the country are under pressure the economy of the country is facing pressure due to the increase in the price of everything in the global market. So now we need to be aware and take the necessary steps to deal with economic stress.

There is no one in this world who doesn't have life pressure, especially a man, who of course has to be responsible for family life, but we have to be able to react to it and think positively which means we have to be able to get out of the pressure. Many people are successful because they started from squeezed by circumstances, so you are forced to think and try to finally overcome obstacles, there are many examples such as when the Covid outbreak occurred, apart from natural selection

Everyone has the pressure of money, everyone has the ability to bear the pressure and no one has it, but if anyone understood how much money a human heart gives to pressure  Nowadays the movement of the middle class is very difficult because nowadays the price of goods is increasing more and more for a common daily wage earner.  It is becoming very difficult to eat a handful of rice because nowadays the prices of everything are increasing and the are not able to run their family well.  Now an unemployed boy will have money pressure, it is normal but it is very difficult for an unemployed boy to live with his head high in the society because the society does not respect him because the society needs money those who have money have respect and those who do not have no respect

I get what you want to point out in the thing you are saying; in fact, most countries around the world are suffering from this right now. That's why we, as individuals, should know how to strategize on things that we know we can get other earnings from, not just from one source of income.

This is where entrepreneurship comes in, because most of us are poor people, and there are many people in today's stupid world who are struggling not only with one job, but as long as they can earn something else, they will do it because, due to the hardships of life or else, if you don't act or find another source of income, you will really lack.

The current world economy is going through a lot of stress. Several reasons can be cited for this, among them the COVID-19 pandemic, a war in Europe, climate change, and supply chain disruption. To cope with all these situations, the world economy has to go through many pressures. But the salary and allowances are not increasing in keeping with the current situation making life more complicated. In such an economic situation we all need to be aware and we all need to be productive to cope with this economic pressure.

As I take the position of this story, we also have big questions about how and why we are in such an unstable economic environment. Honestly, this situation does not only happen in your country, in our country the situation is the same even though the country's economy is stable, but we all still have to work and cannot depend on government programs. It's bullshit if you continue to hope in top parliamentary officials because in reality they only want to save themselves. Poverty continues to soar job vacancies are increasingly difficult because they require official legality. Therefore personally we need to strengthen the people around us, especially our families, so that they can always support each other and try to maximize every opportunity that exists, even though the opportunity to make a profit is small, we must take advantage of it.

Dealing with the shock of the corona virus epidemic the business was able to turn around a lot. But then one hurdle after another has to be faced at the domestic and global level. The dollar crisis has to be dealt with the common man has to be crushed by the pressure of high inflation which is putting pressure on the economy. Also to ensure uninterrupted supply of quality fuel at competitive prices which is not possible through import dependency. Imports can temporarily solve the current gas supply problem but in the long run the uncertain movement of prices will put additional pressure on the country's economy. In view of the bright prospects it is necessary for the government to act quickly.

Look around: the instability isn't a malfunction; it's a feature of a system on autopilot operated by folks who've lost touch with reality. The twist: this upheaval offers a perfect chance for recalibration

We concentrate? Micro-economies. Collective, microfinance, community-supported agriculture, and local cooperative power. Instead of just surviving, thrive through innovation and flexibility. Adapters and conquerors might find fresh ground in the gig economy, internet business, and digital platforms as the work market tightens

Rewriting personal finance norms is more than making ends meet. Emergency reserves, self-education, and income diversification are lifelines, not buzzwords. The family's economic role becomes even more important. It involves sharing resources, risks, and opportunities. Not gold, but communities' resolve to overcome their situations

The truth is the government can clearly not take care of us anymore and we are left to fend for ourselves, the currency they gave us to store value delicates I value everyday as more are been printed out, and I wonder if they never thought that this system would affect their citizensm price if transportation has drastically increased in my country and the worst part is we have all the raw materials available for producing our own fuel but yet we import, the average man is left to suffer and that's why corruption has increased a lot in the world right now and we can do nothing about it. The system continues to favour the rich and the poor has to suffer dearly for even been alive, one day they would tax us for breath, after they have finished destroying our ozone layer and then introduce a new technology for breathing.

That's life and if you think about it how they can survive on a limited budget is truly impossible but this is the power of God. What is needed from us is to try and pray to get relief and ease in seeking sustenance for our children and families, of course.

Talking about the current economic pressure, it is really felt and if you have excess fortune and when trading, be patient first and don't rush, meaning just relax, wait for the price to go down, then buy again and don't see a slight decline, just go straight in again, maybe it's a trap to fall even deeper. and one more thing. Discipline and consistency are the main keys to surviving in the crypto market.

At the moment, the majority of countries across the globe are facing some sort of inflation. The economic conditions in the developing and underdeveloped countries are much worse. In these testing times, one can only work hard and try to have more than one source of income to feed their family. It is also important to prioritize your expenses. Focus on more essential items and expenses. Plan your income and expenses for 5 to 10 years in advance because the conditions in underdeveloped countries take time to improve. If you can not find a way and your country's poor economic condition persists, you should relocate to another country for a better future.

The economic situation in Nigeria, presently is crazy, as the naira is devaluing, the prices of commodities are increasing everyday, causing economic hardship to the citizens. I know that citizens of some other countries are also facing similar economic hardships, especially developing and underdeveloped countries, this is why many of their citizens are finding means to migrate to developed countries where they can enjoy better standard of living. The governments of these countries needs to be proactive and find lasting solutions to stabilize their economies, that is why they're voted in power. Unfortunately most of the leaders of these countries are clueless and are more concerned about enriching themselves.

A country's economy becomes poor and difficult largely because the government of that country is still quite weak in leading the country. But I agree with you, we should stop whining and stop hoping for them, and save ourselves. I see many people just complaining and criticizing the government for their poverty while around them there are still some people who are living a well-off life. That's because some people stop complaining and find ways to save themselves while we just sit there criticizing without knowing how to stand up and take advantage of every opportunity to save ourselves.

Society is increasingly degenerating, politicians will become more and more corrupt and we will not be able to change that, so let's find ways to save ourselves instead of relying on them.

We are required to survive in the midst of this difficult situation, we must be able to be clever to manage finances as well as possible, because if not so we might have difficulties in the future. Expenses and income must be balanced and must even be greater income so that we can save and invest. Finding additional income is one way to cover that, but finding additional income is also not as easy as one might think, and it requires us to work harder.

Moving to another country might be a fix, but it's not easy and it's also very risky. Just imagine if we fail when we are in a country that we are not familiar with, it will make things worse. Moreover, we must also have the capital to do so or in other words we cannot just bring empty hands.

An increment in the prices of commodities becomes more of a problem when wages are not raised for workers in different sectors. No matter how much inflation increases, people are still paid the same amounts for their jobs which is the reason why they face more problems you don't get to buy the same things at the same price because of increasing inflation but you still keep getting the same income.

Governments need to maintain a balance for labour based on the amount of inflation within the country so that they don't face a lot of problems, but an harsh reality is that they barely care about people from lower classes, they don't face such problems because they are rich and they think there are no problems at all.

It cannot be denied that economic difficulties can affect a person's emotions and behavior, especially in the family. Stress and pressure from economic difficulties can trigger behavioral changes, such as becoming angry and temperamental. Apart from that, it can also cause anxiety about the future. However, although economic difficulties can affect a person's or household's behavior, it is important for us to control our emotions and try to solve problems in a good and productive way.

It is quit disheartening of how the prices of things increases daily and salaries doesn’t increase making survival hard … The government isn’t really doing anything about it, it’s left for we the masses to strive and survive for ourselves and family

Since civilization began, it has always been a thign for matters to get worse, so everyone should be prepared and work his way out rather than  do nothing, wishing is a waste and its better you work than do nothing in this current economy.


Mate I get your point but the only way to survive I to raise up your fucking income and begins planning your life, earning 50k in your local currency, if not enough fjnd a way to start earning in a better currency, yeah I heard such are possible through online skills and some free lance stuff, find a way bro, complaining would do you no good.

If you've been working for how many years but still ended up on having no raise on where you do work then it would really just that mean that you would really be needing to act fast before its too late or
you dont have still those tons of responsibilities like on having a family on which it would really be just that a huge problem if you wouldnt really be finding any additional income because things gotten more worst
as years passing and if you dont act fast or trying to find ways then year by year you would really be having that kind of struggle on living.

This is why it would really be better that you should really be that sensible on the things thats happening because if you would really be just that making yourself that too confident then you are really that putting up
yourself on such trouble on which this is something that you should really be avoiding in the first place. You wont really be able to realize until you would be able to experience such
hardship.

We're all getting pressured by our own economies and that's why we have to adapt the situation and as they say about lemons and lemonades, we have to do that and apply it to ourselves. We'll never know what's coming next to our own countries and economies but it's best to just be prepared and have a life that we're living simply. Because in just a matter of few years, what I am hoping for is that there shall be a recovery where this inflation goes lower and at least some pullback to goods prices.

Stay enthusiastic about finding the best solution, make peace with the situation and continue to hone skills that can help provide additional income. If conditions get worse, there's no harm in migrating to look for work outside the area where you currently live. It is difficult to save money or spend when the income we have is far from sufficient, at some point we have to take a step forward to look for better job opportunities. Surviving in conditions of economic pressure that is completely inadequate is indeed very difficult, especially if we have responsibilities towards children and wife.

On the other hand, as head of the family we must provide an understanding of work conditions and income to our wife, that way you can get support to continue trying to improve the family economic situation. Apart from that, by giving them understanding, the pressure they and you feel will be reduced because has understand each other. That is my assumption, I realize that not everything may be relevant to what you feel.

in the current economic situation we have to be able to adapt to our environment, if our primary needs have been met then our lives are still safe, because currently there are so many people whose economy is completely destroyed so that daily income is very difficult for them to get, and the situation Currently, many countries feel that after the pandemic occurred, all countries have not been able to stabilize their economies, so when economic pressure occurs we must be able to adapt well.

Even if our needs are met, I wouldn't say were safe. Safe in terms of what? There's no more safety in terms of economic matters nowadays because a lot of changes are happening. If there seems to be safe, those are the richest people in the world because they're making their own bunkers and the are not even thinking they're safe because if so, they wouldn't make those bunkers and that's why, we, the plebs are having hard times but we know how to survive and to adapt with the situation.

What does constitute primary needs? Shelter and food? There is so much more
a person needs in order to live a sustainable lifestyle and not just
depend on what he or she was directly given.

One needs to study or work and they need transportation to get to work
food to eat in school or in the workplace, they need uniforms,
they need devices and the internet it is so much more expensive to live
now than before

  There are too many people that are dependent on our food supply. We used to grow all our own fruits and vegetables, and slaughter beef, pork and chickens for our meat. Many today don’t even cook, just eat at fast food places and restaurants. And when they do eat at home it’s just heating up some frozen foods. When we do run out of fossil fuels, estimated to happen about 2050? Then cities will not be “The Place to live”. As natural gas supplies 40% of our electricity, and coal 19%. Ships, airplanes, trains and trucking won’t be as common either. Oil is not the only commodity whose supply chains have been disrupted. Foodstuffs, especially grains that are basic ingredients in a vast number of food products, have also been affected by the Russian invasion of Ukraine.
  Governments and policymakers can employ various strategies to tackle high food prices and mitigate their impact on consumers, particularly vulnerable populations. Governments can implement price controls or price stabilization measures to regulate the cost of essential food items. This can involve setting maximum price limits for certain food products to prevent excessive price gouging and ensure affordability for consumers. Encouraging sustainable agricultural practices, such as conservation farming, agroforestry, and organic farming, can improve productivity, resilience, and environmental sustainability in the agricultural sector. Sustainable agriculture can help reduce input costs, increase yields, and stabilize food prices over the long term. There are many other  effective measure that can help ease this economy pressure, by implementing these strategies in a coordinated and targeted manner, governments and policymakers can help address the underlying factors driving high food prices and improve access to affordable, nutritious food for all segments of the population.

People often change their lifestyle according to their income so a person having less salary will always focus to minimize his expenses and save some amount for emergency purposes. You will have seen that a person having three kids and have less salary will choose a school for them which will take less fees but wealthy people will always focus to provide better educational environment to their children so in most of the cases people choose things according to their wealth.

In some countries the situations are so worse that children are eating grass just to avoid their hunger so I think those who are wealthy should help such people who cannot afford to eat well and living in a country where inflation is on peak but salaries are lower.

There is no need to blame the government for anything as long as you and many people can still struggle to survive with your own efforts. Because the government also has more agendas that must be considered in stages, which are not only about the salaries of civil servants. So the only solution you have to do in conditions like that is to continue to improve your own ability to earn more income by not depending on just one thing, namely your basic salary from the government.

I do agree that it is not easy, but we can't just assume that it is going to be that hard forever, we can just see it grow eventually as well. I get that people could be in stress, but we need to focus on how to get better with time as well. I think it is clear that people will not be approaching this situation quite slowly, we will definitely end up with a much better result eventually. Stress or not, we need to just focus on doing the right thing.

If we sway away from how to trade even for a while, we will end up with losing money. I know what is right, which is holding, for me at least, some people can trade and make a lot so they do that, but for me it is holding which means if I stop holding then it is not going to be easy for me.

The price of commodities has increase higher in many countries of the world, which it will take many countries time before they can withstand this inflation that is affecting their economy and other amenities to make the citizens to experience negative things from the country. If the government can increase the salary of their workers in the country, I think their citizens will be free from this inflation that is making the civil servants not to enjoy their monthly salary because of the high price of goods and services in the country. I know that those that got themselves involved in Bitcoin investment will have some money that will reach them to sustain themselves till the deflation come back to the country.

If we look at the changes in behavior that occur in most people when facing difficulties in the economic sector, what stands out most often is robbery and theft in areas that are not safe enough. Because this is no longer based on his intentions and common sense but because he is forced to do so because he is no longer able to endure his hunger, this is also part of the influence of the current economic difficulties. And we can also prove this for ourselves in developed countries in this world where in developed countries very few bad things like that happen because basically all citizens do not feel excessive hardship or hunger in their lives.

The current situation is that the price of everything is increasing at an upward speed but there is no excuse that the price of things increases once the price of bad goods never decreases and it never decreases.  .  Because everyone only increases the price of their products, now a syndicate has been formed in the market. When a thing comes to the market, it is placed in the market through intermediaries, and when the price increases, it is handed over to the people again.  In such a situation, if it is not done well or if it is not syndicated, then people will die without eating. It will be the same as in the previous era, people would not eat for two meals or three meals without eating.  At present the situation is terrible because the pressure is on the human being because of the human body, many people are dying of strokes and many people are committing suicide. Actually, I don't understand how the economy of Bangladesh will be fixed again.

A bad economy causes people to behave undesirably as a result of stress resulting from their inability to control their emotions. It can sometimes be difficult to control this feeling, but it is necessary to learn to cope with stress. Not learning to cope with stress or any other negative situation can lead to bigger problems.

Not every person lives in the same conditions and not everyone's stress level is the same. Even though this is the case, everyone should look for ways to cope with stress and pressure.

When someone blames other people for economic pressure, of course it is very clear that they don't think about anything and are lazy types because if someone experiences economic difficulties, of course they will look for ways to find work that can be done to provide them with income and I I really agree with what you said, developing skills will of course really help us in terms of earning income, because when we are experts in a field of course people will look for the skills they have to do what they need.

Indeed, it will affect someone's emotions, but we should also realize that it will not change the situation but make it worse. When we face difficulties, following our emotions is not a good thing because if so we will not be able to think logically and it will not solve the problem. I will not blame people who are more emotionally controlled, because it is a difficult situation and everyone has different difficulties.

However, if we remain calm, then we will be able to think of a way out that we can do. Being calm will not solve problems instantly, but at least we can think clearly to find solutions to the problems we are facing.

This is interesting to talk about because indeed economic problems will affect a person's mentality in himself if he gets more pressure than his sense of responsibility, but in terms of emotional control I think this will return to himself, his life fundamentals, if I relate it to religious matters, people who have a much better religious soul will be much calmer under economic pressure because he has the mindset that what he will have and has been destined by his god.
 
But things are different with people who are not that deep in the fundamentals of their lives will have emotions that fluctuate depending on the problems they face, this can result in someone taking the wrong path in fulfilling their desires, there are even some who commit crimes to get money because they have the mind that they have no other way but that way, if seen broadly again this can be influenced by the environment and also their previous education.

Everyone is under pressure under this economy as the price of goods and services are sky rocketing every single day, personally for me I have cut down on my spending on allot of things just to cop up with the present economic situation

Personal responsibility and government support can coexist to create a better society for everyone. It's essential to have a balanced perspective on the role of the government in our lives. While it's true that individuals should strive to improve their financial situation, the government also has a responsibility to create an environment that supports its citizens. Government policies significantly impact employment, income distribution, and social services. Instead of blaming or relying solely on the government, consider focusing on enhancing ones own skills, seeking additional income sources, and staying informed about relevant policies. By doing so, you can better navigate the economic landscape and secure a more stable financial future.

Inflation has become a problem for the whole world, no doubt, but as they always say, when you are faced with certain situations in your life, you learn to face them no matter what. It is difficult to manage your household expenses, pay rent and bills, and take good care of your family if you don't have a high income, but I agree that if you discuss these things with your family, especially your partner, that can ease the pressure to a great extent.

You might not be living an ideal life if you have a small budget, but if you have the support of your family and if they are always backing you up in tough situations, you will have the courage to fight the hardships and feel less pressurized until the hardships are gone.

Yes, if you respond to something with emotional outbursts, you won't be able to solve the problem and will actually make the situation worse. I really understand that everyone will face difficult times, but those who are able to manage their emotions will be the winners against adversity. So as much as possible we have to be smart in responding to problems, whether economic or other things.

In fact, emotions are everything, in all problems faced, emotions determine everything for resolution or problems that get worse because of the inability to control emotions.
In terms of economic pressure in life, this is also the case, there are many factors that can resolve it and being able to control emotions is one of the important factors.

This is everyday knowledge that can be learned without theory, the economic difficulties that occur are actually quite natural and it all comes back to you how you can get out of these problems.

I agree with what you said, maybe you could say this is a spiritual thing that a person has, if their spirituality is very good, then maybe they will be able to better control something that can control them, in this case mental pressure when someone experiences economic problems. That's also what I see from my environment which is still very strong in their spirituality or belief in their god. Usually they believe that the problems they face will not come unless they are able to overcome them.

Family will also have a big influence on a person's actions or behavior. If they have a harmonious family and can provide support when they experience problems, they will usually be calmer. However, if they have a family that is not very harmonious then it is possible that they will be controlled by emotions.

At present, economic pressure exists among the people of almost all countries of the world. About 60-70 percent of the people in the country where I live, live under economic stress. As a result of economic pressure, many youths of the country are forced to join the workforce before a certain age. I see economic stress is poverty very closely.

There are many ways to solve financial problems, note that frugal living plays the most important role in financial problems. Do not spend in any way beyond the necessity. Creating production systems on own resources. Substitution of higher value products.Saving for future from earned money. Finally, receiving aid from government funds.

By adopting these ways we can easily deal with economic pressure. By doing this it is possible to live a simple life and it is also possible to create a future.

This economy pressure has been coming worst honestly expecially this our own country which is Nigeria it even worst then other countries, because I won't believe that the others country are received economy pressure like the way where received in this our country and instead of president should should take the solution and solve this economy pressure we're facing county, but it couldn't and where aspecting corruption to stop in this country how will that can be possible when the cause of living want killed the living.
Those that are with families are the one suffering pass in this hardship period, because the amount of money Some people are collecting in their working place cannot enough them to feed their family's the way things are increasing every day. Cost of goods now in the market is very higher which it has reach that not all people can fit afford feed their familys again just because their suffering enough in this hardship period the leaders are not considered them they just overlook, how they aspect people's to survive?

In my country, this kind of thing also happens... and the solution given by the government is to raise salary standards for all types of work and regulate it in law. Inflation can no longer be avoided, so the salary in my area is now 2x what it was 10 years ago. This is real, you can see it on my government website: https://sukoharjokab.bps.go.id/statictable/2016/12/20/73/upah-minimum-regional-kabupaten-sukoharjo.html

The instant solution taken by people with this kind of economic pressure is usually to go to another place with a more advanced economy, either out of town or abroad. Yes, working in a place with a high salary and building a business unit or agricultural land in the village is still a favorite goal for some people to escape economic pressure. You can try it if it's possible...

Even watching several videos circulating on YouTube, monthly salaries in developed countries can reach 30x for the same job and the same working hours. This gap is difficult to accept, but it is real.

The economic crisis shows no signs of abating rather it is getting deeper and longer many economic indicators have weakened further. The biggest problem of common man now is inflation. It has increased the cost of living decreased real income. Big problem for entrepreneurs is power and energy crisis. Production is decreasing in these the economy will be under more pressure.

The impact of the economic crisis has been felt by all groups throughout the world, all countries are competing to improve their economic systems in order to maintain stability. I think there are many factors that cause the economic downturn, namely due to the war that is increasingly burning and coupled with climate change which makes agricultural yields less than optimal. Now employers also have to terminate work contracts with their employees due to further instability in the company's balance sheet, thereby increasing new unemployment figures which have quite an impact on the environment. We both just hope that the world will improve again and that super power countries must be able to think about policies that benefit all parties.

Of course, every country will try as hard as possible to recover from the economic crisis so that people can have a decent life as before the economic crisis. It is true that what makes the economy slump is of course security problems and also reduced income from agriculture, but if the government can think of solutions to get out of this situation, of course people will be able to have a decent life and be able to get out of economic pressure.

Of course, every country will try to make the economy recover so that its people are prosperous, but currently developing countries or underdeveloped countries do not have the power to stabilize the world economy, so whether they want to or not, they have to accept what is happening and the people themselves are also not supposed to always depending on the government for economic pressure in this life, they should have many ways to get out of this pressure.