Big Reasons Why Many Families Are Feeling Extreme Financial Stress

[Wete]

The financial crisis is indeed a frightening specter for everyone. Many families are not harmonious because of financial problems. In my view, the financial crisis occurred because of the difficulty of finding work, and the increasingly high cost of living, and the many corrupt government officials. They enrich themselves without thinking that there are still many people starving.

[Lorin]

One of the reason  why many families are feeling extreme finacial stress is low income they have but the price of their commodities is very high. Base on my experience  i am on the situation that my budgeted allowance is not enough because of the very high price of goods. Being resourceful in life may help to overcome that financial stress.

[ELOCIN]

I think one of the reasons why they suffer financial stress is because of the way how they handle their money. They may be overspending more on things that are not really necessary for their family or they spend more than their salaries. I think it's time for them to plan and manage it better and try crypto investment.

[basyang]

I think it's a combination of many factors whyfamilies have financial stress.
Things get more expensive, income gets lower, inflation increases.
But many people are not very competent in how to handle their money as well.
I mean not only in matters of investment, I mean the things they buy which are not necessary.

Personally one of the reason why families our stress when it comes to financial because of the inflation in the market and their income is not enough to the high prices of goods. Even though we are good in handling money still if our income does not enough then we really stress in financial, and now that our salary also did not increase in spite of some price is increasing too.

[maculeth]

from most families, whether it is me or another family, the problem is that those who transport jobs with their salaries from the company are not balanced with the cost of necessity which continues to increase increasingly expensive. coupled with the trade war between America and China will make the situation worse and have an impact on other countries.

[spongegar]

Too true, inflation really kills the income of famiies around the world. I think the problem is that there arr way too much families sharing the already finite resources of our world. It doesn't also help that the elite 1% of the 1% of this world are hording all the resources for themselves. I just hope that the future generations won't have it this hard.

[dongyi17]

I guess one of the reason why families are extremely in financial stress or down or in struggle coping to make the end means in their life.. is because of poverty, lack of education and laziness, they wanted to depend on somebody or blame the government for their situation instead of working so hard and become diligent in their work.

[squog]

I think ultimately we can blame the people in the financial department of the government and the elite who hordes everything from everyone. Consider the recent financial crisis where the mortgages collapsed. The people responsible for that are still out and about and still has their greedy hands of the government and financial sectors.

[blackbold]

I think that nobody should ever start a family, for example, have kids without proper preparation.
I would have never made my wife/girlfriend pregnant if I could not find decent, stable job with salary that is able to feed my whole family.

I cant understand people that engage themself into family life, but they are not really ready for that, your source of income needs to cover up all your and your family bills.

Adequate salary is not enough salary to eat, because there must be more money just in case if there is an urgent need such as hospital fees when sick, we must have enough salary for daily needs and also for save or invest

[newbie-hero]

The financial crisis is indeed a frightening specter for everyone. Many families are not harmonious because of financial problems. In my view, the financial crisis occurred because of the difficulty of finding work, and the increasingly high cost of living, and the many corrupt government officials. They enrich themselves without thinking that there are still many people starving.

Many jobs and not paid well. Take for instance, India. Some guys are very happy if they manage to earn 3 dollars in a day. These families do not have the Internet and make laundry with their own hands.

[Primagena]

The opposite view on the future of electronic money funds comes from the prediction of some experts that bitcoin prices may fluctuate more strongly this year.
Ari Paul, chief investment officer at BlockTower Capital, expects bitcoin prices to fall to $ 4,000 or $ 30,000 in 2018.
One of the reasons experts think that bitcoin price increases are more investors believe that they will make a big profit from the next split. When bitcoin developers decide to implement a system upgrade, investors will receive an equal number of isomers.
It is possible that the predictions of many investors psychological instability and financial stress in the family.

[DAVETUN]

The major reason is mostly base on unemployment and the low income rate of families this is realy causing financial stress as many family can not afford to get the basic needs of life, Government can step in globally in order to increase employment opportunity and also soften the economy through policies that can make business trive.

[Jateng]

The way of living today is very different and totally different from the way of living before. Today, it is very hard to earn money plus the needs are very expensive. It is also hard to find a stable job. But the worst case is when ypu have a job but you still cant afford all your family needs because the salary is not enough. Who will not become stress to this ?

[max fray]

1. Tobacco and smoking products

-Price increase: 90.4%

2. Margarine

-Price increase: 63.6%

3. Uncooked ground beef

-Price increase: 46.3%

4. Shelf stable fish and seafood
-Price increase: 45.0%

5. Prescription drugs
-Price increase: 43.5%

...

Frankly, I was shocked with these figures.
Strange as it may seem, prices go up though it should be on the contrary.
The expenses for production and transportation are constantly declining due to new technologies, recycling and robots - so why should everything be so expensive?

At the same time, interest rates in the US are still rather moderate comparing with other regions of the world. In my country, for example, one would have to pay like 20% yearly for a car credit - that's why not everyone can afford to buy a car.

[dunfida]

The way of living today is very different and totally different from the way of living before. Today, it is very hard to earn money plus the needs are very expensive. It is also hard to find a stable job. But the worst case is when ypu have a job but you still cant afford all your family needs because the salary is not enough. Who will not become stress to this ?

A very stressing situation specially when you do have your own family and as a father which would really provide the needs of your family then you would do anything.
If your salary isn't enough then you should find another side income at all cost to patch up the needs.It wont really be that easy but a thing should really be done.
Inflation do really affects as the year goes by.

[Violettochka]

Yep, for a decent number of families with financial problems it's actually not so hard to solve them, but they just don't see all those reasons. People need economical education nowadays.

[Lorin]

One of the reason why many families are feeling extremely financial stress because of not having enough income , their salary is not enough to feed their family. Another reason is the very high price of commodities. Now adays more families are suffering from poverty, cannot eat three times a day because lack of money to buy it..