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Author Topic: Your way of living the wage what you need to live normal life  (Read 1221 times)
ChiBitCTy
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January 11, 2023, 01:22:44 AM
 #61

by doing calculations with economic experts they have disvored next prices.

If you live in generally canada you should earn at least 3500 in order to function normally.
Euro zone it's about 3500 EUR
In USA it's varied but If you live in los Angeles or new York it's a 7000$ + for sure
In UK London is more expensive but its about 4000 + for sure.

The goverment should restrict prices of rent for example If you rent out the Property goverment should check what could be the price of rent so to make sure person who rent will not use most of the work salary for rent

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

I know that in some places here in the United States, there are certain rules about how much and how often landlords can raise the price of rent.. but I'm not sure this is something that is very wide spread throughout the United States.  You mention Los Angeles and New York, but keep in mind those are pretty much the two most expensive cities in the United States.  Not to mention is one's choice if they want to live in these insanely overpriced areas. 

I think some of these proposal are good ideas, but at the end of the day you don't want to get too close too a communistic type state.

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cloirecrom
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January 11, 2023, 07:25:43 AM
 #62

the main point is the min income. is it enough to get decent house for rent or not.
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January 11, 2023, 07:52:15 AM
 #63

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.
It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.

look for more options of earning some money thru side jobs. don't be picky, as long as you're earning and adding to your monthly income, why not? we have different cost of living as we live in different parts of the world. some countries are expensive and yet some are cheap. if you happen to live in a country where everything is cheap, why not save some of your extra and invest it, right?  it all depends on our disposition in life how we can improve our way of living, no matter where you are on this planet.

If you live in a country where food prices are low, your salary is likely to be low as well, so it is still expensive. Also, before the pandemic, I've noticed that when people are looking for a job or side job, they are extremely picky, primarily because of the salary they receive; however, after the pandemic, they are now getting all the side jobs simply to add their source of income because everything is so expensive. Saving money becomes increasingly difficult as prices rise while wages remain stagnant.
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January 11, 2023, 08:38:24 AM
 #64

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.
It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.

look for more options of earning some money thru side jobs. don't be picky, as long as you're earning and adding to your monthly income, why not? we have different cost of living as we live in different parts of the world. some countries are expensive and yet some are cheap. if you happen to live in a country where everything is cheap, why not save some of your extra and invest it, right?  it all depends on our disposition in life how we can improve our way of living, no matter where you are on this planet.

If you live in a country where food prices are low, your salary is likely to be low as well, so it is still expensive. Also, before the pandemic, I've noticed that when people are looking for a job or side job, they are extremely picky, primarily because of the salary they receive; however, after the pandemic, they are now getting all the side jobs simply to add their source of income because everything is so expensive. Saving money becomes increasingly difficult as prices rise while wages remain stagnant.
Conditions like that are definitely not easy because the demands or necessities of life can be said to be high but wages don't go up,
that is why it is important to have other sources of income and not just depend on one source,
In addition, global economic conditions also make the price of basic commodities rise.
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January 11, 2023, 08:57:36 AM
 #65

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.
Even if the government pushes for higher salaries for everybody, there are companies that can't follow it because they've got a standard profit and they're not as big as the corporations. So, the ones that will be hurt by this law are those small enterprises. It's either they'll remove their staff and work their assess there as the owners or the employee will just have to accept that no increase will happen upon explanation by the owner. But I know that despite that, there are too many small scale business owners that are also generous.

In addition to the reasons you give, the simultaneous increase of wages for workers during inflation will not completely solve the inflation problem. The cause of inflation is that the government has pumped too much money to save us during the pandemic, so the thing to do now is to control the currency and revoke them in many ways, not increase wages according to inflation. If they do, the national currency will depreciate more, and inflation will be harder to control.

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wmaurik
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January 12, 2023, 01:32:19 PM
 #66

That amount of salary is just enough for a family to survive but they will surely have a hard time living a comfortable life or even saving enough for their future because $250 isn't even enough to buy all the daily necessities. Maybe in some countries, that amount is already big enough but since we're in the recession period it is important to aim for the better. Some companies are taking advantage of their employees and can't pay enough salary based on their skills. I think it's something that the government should focus on.
If for daily meals in a family I think $ 250 is already at a sufficient level although it cannot be set aside for saving or for investment. Because that kind of money can only be used for small families and will not be enough for large families. That's what I see here where I live now, where everyone whose income is above $ 300 a month can already feel a little comfortable for their life in supporting their small family.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.
That kind of money is starting to look small now because everyone also knows that every food and shelter is already at a higher price level so it is clear that it is necessary to have another source of income to cover everything in life and also in supporting their respective families. I feel myself where I still have to work to earn extra income even though at this point I have started to live a frugal life.

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Getmon
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January 12, 2023, 02:03:06 PM
 #67

Commenting on and proposing solutions to current problems is always simple. However, in fact, it is extremely difficult. I concur that apartment prices are frequently excessive in big cities. Aside from that, renting a condo or apartment is expensive due to the limited years of use of the building. Rents are also expensive because it costs a lot to buy land in a big city.

I do not have many ideas for the UK and Europe, but people in Canada and the United States can look for work and it is not hard unless someone is selective. In addition, there is always the option to relocate to other states in order to obtain a wage that is sufficient for the standard of living.

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Fatunad
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January 12, 2023, 08:59:16 PM
 #68

Commenting on and proposing solutions to current problems is always simple. However, in fact, it is extremely difficult. I concur that apartment prices are frequently excessive in big cities. Aside from that, renting a condo or apartment is expensive due to the limited years of use of the building. Rents are also expensive because it costs a lot to buy land in a big city.

I do not have many ideas for the UK and Europe, but people in Canada and the United States can look for work and it is not hard unless someone is selective. In addition, there is always the option to relocate to other states in order to obtain a wage that is sufficient for the standard of living.
Relocating might really sound that simple but it isnt something that you could really be done easily considering about the expenses and all other things in consideration, then it wont really be that simple.
It cant be that surprising about being that selective considering that we do much prefer on having that higher salary and of course it should really be in line with our skills and experience.
For most of the time on which people do end up on having no choice considering that not all countries does have ample amount of jobs to be offered and most of the time
its not that easy to find one since competition is high.

R


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January 12, 2023, 10:15:04 PM
 #69

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

Nobody is owed a "minimum wage." Every single time a minimum wage has been implemented it's caused higher unemployment because businesses are unable to keep up with an artificial minimum wage that is contrary to what the market would allow.

The easiest way to increase your wage is diversify your skillset and go in the open market for a job that pays you for what you're worth. Government isn't there to guarantee what a private business should pay its employees.
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January 12, 2023, 10:26:05 PM
 #70

by doing calculations with economic experts they have disvored next prices.

If you live in generally canada you should earn at least 3500 in order to function normally.
Euro zone it's about 3500 EUR
In USA it's varied but If you live in los Angeles or new York it's a 7000$ + for sure
In UK London is more expensive but its about 4000 + for sure.

The goverment should restrict prices of rent for example If you rent out the Property goverment should check what could be the price of rent so to make sure person who rent will not use most of the work salary for rent

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

I assume that you are using a take home monthly number.
For my wife and I taking home anything over 6k means we do not have to touch savings.



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January 12, 2023, 10:46:38 PM
 #71

My wage here on my country is playing around $300-400 depending on overtime which i could say that it is really hard to live and survive if you arent that wise on your spendings
specially if you do have some mouth to feed or simply being a family guy.
Just like the rest where saving up money is something that you would fail to do so because it cant really be that sufficient enough for you to do so,considering
that there are lots of expenses that you should need to prioritize in order to live.
This is why it would really be that sensible that you would be need to finding another source of income no matter on where it would be as long you
could really make out that add up.

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January 12, 2023, 11:09:41 PM
 #72

Primary needs may not be that much of a problem, but right now there are a lot of things to be done to make more money because of some important and decisive needs in the future. Basic needs such as food, clothing, and also shelter might not be too difficult with a standard salary in my area every month. But because there are many other things that are needed for other needs. However, the cost of education is so that we are able to ensure that our children get a proper education and prepare themselves for a better and ready future, which currently requires quite a lot of money. Maybe in some countries, education is not an expensive thing.

But here, if we want good quality not only academically but mentally, non-academic, and spiritually prepared, then we need a lot of money to go to the school we want. Not to mention the other needs which are also increasingly increasing. Unfortunately, day by day, prices and financing are increasing while the minimum wage is very difficult to increase. This is what makes us weak and want to get more money from other places of work. Because of that, it's true that we have to maximize our skills and abilities in any case in order to get more income for ourselves and also for our families and various things that always need money. We cannot deny that money is one of the keys to life.

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January 13, 2023, 10:59:16 PM
 #73

Commenting on and proposing solutions to current problems is always simple. However, in fact, it is extremely difficult. I concur that apartment prices are frequently excessive in big cities. Aside from that, renting a condo or apartment is expensive due to the limited years of use of the building. Rents are also expensive because it costs a lot to buy land in a big city.

I do not have many ideas for the UK and Europe, but people in Canada and the United States can look for work and it is not hard unless someone is selective. In addition, there is always the option to relocate to other states in order to obtain a wage that is sufficient for the standard of living.
I believe everything these days have become costly and not affordable at all even from the rent up to the items sold in the market. So expect that companies would hardly consider increasing the wages of the workers as not the workers alone are affected but even big companies too are struggling for profits. However, it’s still a great feeling and satisfying for workers if we can be paid according to our efforts and skills, so we can be more engaged and develop more passion to our individual jobs.

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January 13, 2023, 11:41:36 PM
 #74

Commenting on and proposing solutions to current problems is always simple. However, in fact, it is extremely difficult. I concur that apartment prices are frequently excessive in big cities. Aside from that, renting a condo or apartment is expensive due to the limited years of use of the building. Rents are also expensive because it costs a lot to buy land in a big city.

I do not have many ideas for the UK and Europe, but people in Canada and the United States can look for work and it is not hard unless someone is selective. In addition, there is always the option to relocate to other states in order to obtain a wage that is sufficient for the standard of living.
I believe everything these days have become costly and not affordable at all even from the rent up to the items sold in the market. So expect that companies would hardly consider increasing the wages of the workers as not the workers alone are affected but even big companies too are struggling for profits. However, it’s still a great feeling and satisfying for workers if we can be paid according to our efforts and skills, so we can be more engaged and develop more passion to our individual jobs.
Wages based on the efforts and skills won't work all the time. Maybe you have worked well for a month and the consecutive month didn't bring good revenue to the company though you've put your hard efforts and used your skills. To avoid such occasions it is good to have your wage fixed according to the position.

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January 14, 2023, 04:27:17 AM
 #75

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.
It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.

look for more options of earning some money thru side jobs. don't be picky, as long as you're earning and adding to your monthly income, why not? we have different cost of living as we live in different parts of the world. some countries are expensive and yet some are cheap. if you happen to live in a country where everything is cheap, why not save some of your extra and invest it, right?  it all depends on our disposition in life how we can improve our way of living, no matter where you are on this planet.

If you live in a country where food prices are low, your salary is likely to be low as well, so it is still expensive. Also, before the pandemic, I've noticed that when people are looking for a job or side job, they are extremely picky, primarily because of the salary they receive; however, after the pandemic, they are now getting all the side jobs simply to add their source of income because everything is so expensive. Saving money becomes increasingly difficult as prices rise while wages remain stagnant.
Conditions like that are definitely not easy because the demands or necessities of life can be said to be high but wages don't go up,
that is why it is important to have other sources of income and not just depend on one source,
In addition, global economic conditions also make the price of basic commodities rise.

We really need to adapt because relying on the government to raise our salaries will take a long time and we will be very stressed about it. That is why others will do any side hustles even if they are only earning low because it is another source of income and without it, your life will be more difficult. Also, prices continue to rise every month or year, which is a clear indication that we need to find another source of income to catch up and able to buy our needs and wants.
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January 16, 2023, 02:50:02 PM
 #76

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.
It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.

look for more options of earning some money thru side jobs. don't be picky, as long as you're earning and adding to your monthly income, why not? we have different cost of living as we live in different parts of the world. some countries are expensive and yet some are cheap. if you happen to live in a country where everything is cheap, why not save some of your extra and invest it, right?  it all depends on our disposition in life how we can improve our way of living, no matter where you are on this planet.

If you live in a country where food prices are low, your salary is likely to be low as well, so it is still expensive. Also, before the pandemic, I've noticed that when people are looking for a job or side job, they are extremely picky, primarily because of the salary they receive; however, after the pandemic, they are now getting all the side jobs simply to add their source of income because everything is so expensive. Saving money becomes increasingly difficult as prices rise while wages remain stagnant.
Conditions like that are definitely not easy because the demands or necessities of life can be said to be high but wages don't go up,
that is why it is important to have other sources of income and not just depend on one source,
In addition, global economic conditions also make the price of basic commodities rise.

We really need to adapt because relying on the government to raise our salaries will take a long time and we will be very stressed about it. That is why others will do any side hustles even if they are only earning low because it is another source of income and without it, your life will be more difficult. Also, prices continue to rise every month or year, which is a clear indication that we need to find another source of income to catch up and able to buy our needs and wants.
Indeed, waiting for companies and governments to make the adjustments would be a waste of time; you don't need to wait in the first place if they have the initiative to do so. There are many ways to earn money not just by being an employee; you may buy and sell things both online and personal but only a few has the courage and determination to do so. Sometimes, it is ourselves which is our biggest enemy to aid things and be better. Wanting or desiring to earn more won't be enough, you have to make your own actions. You may also accept services you can offer to ither people and charge them for the service. What if you din't have such skill? Then you have to learn something which would make them pay you.

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tjtonmoy
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January 16, 2023, 05:25:18 PM
 #77

It is important to ensure that workers are paid a fair wage that allows them to meet their basic needs and maintain a decent standard of living. Measures such as rent control can help to make housing more affordable for people, and in countries where the cost of living is high, minimum wage should be adjusted accordingly. However, it is important to note that implementing these measures can have a complex impact on the economy, and there are different opinions on how best to approach these issues. You may be right about something, but there will always be those people who will complain about it. Overpopulation could be the main reason and corruption. Skilled people are living without getting a decent job because of the lack of opportunity. And in the situation we are in right now, it's hard to tell whether this will change or not.
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January 16, 2023, 06:10:00 PM
 #78

It is important to ensure that workers are paid a fair wage that allows them to meet their basic needs and maintain a decent standard of living. Measures such as rent control can help to make housing more affordable for people, and in countries where the cost of living is high, minimum wage should be adjusted accordingly. However, it is important to note that implementing these measures can have a complex impact on the economy, and there are different opinions on how best to approach these issues. You may be right about something, but there will always be those people who will complain about it. Overpopulation could be the main reason and corruption. Skilled people are living without getting a decent job because of the lack of opportunity. And in the situation we are in right now, it's hard to tell whether this will change or not.
i would live a good life if my wage is $ 3000 K - I will more than happy and would not ask for anything
But my salary comes weekly and I keep spending them that is one of the reasons I am unable to save but I would wish if I get $ 3000 every month. One day hopefully

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Cryptock
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January 16, 2023, 07:30:21 PM
 #79

It is important to ensure that workers are paid a fair wage that allows them to meet their basic needs and maintain a decent standard of living. Measures such as rent control can help to make housing more affordable for people, and in countries where the cost of living is high, minimum wage should be adjusted accordingly. However, it is important to note that implementing these measures can have a complex impact on the economy, and there are different opinions on how best to approach these issues. You may be right about something, but there will always be those people who will complain about it. Overpopulation could be the main reason and corruption. Skilled people are living without getting a decent job because of the lack of opportunity. And in the situation we are in right now, it's hard to tell whether this will change or not.
In our country - the wages are not enough to meet the requirement of the people - the poverty rate is higher and the basic needfuls are very expensive hence there are street crime and theft and robbery is at the rise. I believe with the rise of salary the standard of living also increases.

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Genemind
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January 16, 2023, 08:06:26 PM
 #80

Meanwhile in Philippines, the minimum wage runs around almost $10 or maybe less and those who sit in the government think this is enough considering the price inflation. Not to mention there are still people who get paid lower than the minimum wage. Imagine how these people find ways to earn money just to serve food at their family's table. The government is mostly in favor of companies and investors since they are scared that this might cause them to back out and will leave lesser job opportunities.
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