Mr. Magkaisa
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March 20, 2023, 04:58:42 AM |
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- Here in the Philippines, if I compare to other countries, I can say that the prices of goods are better and better somehow.
Maybe from the food, except for other vegetables that are expensive, the rest is also okay, then from the rentals, you can get something that is also cheap, but it depends on the place of course. But when there is a crisis due to inflation, it is also a bit difficult, but now it has been fixed.
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S A KHAIR
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Activity: 952
Merit: 108
1xBit recovered their reputation
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March 20, 2023, 05:17:14 AM |
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I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.
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leonair
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March 20, 2023, 07:54:00 AM |
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I am 28 years old and I live in Indonesia, the cost of living here is different for each region, at my place for now maybe around 200$ a month is enough if you live alone it might increase if you have a family. the problem of price increases also occurs here and it can be said that it is also high, around 10-40% of the normal price.
$200 for only one person is really too much. My family has 5 members in this case according to you $1k will be my family expenses if I live in Indonesia. Where I live it takes $300 to run my family of 5 where we can eat chicken, beef and all kinds of good quality food as needed. here chicken is $2 per kg and beef is $6 per kg and rice is $0.3 per kg. I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.
I think unemployment rate is very high in your country so workers wages are very low. And the reason for this is that the income is low, but because of the shortage of goods in the country, the price of goods is very high. So in this case you have to outsource. And you have to work hard in different ways to earn more money only then you can live in harmony with the price of your country's products. and the government of your country should be more aware and try to reduce the price of products
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Kadal Ijo
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March 20, 2023, 10:26:08 AM |
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I live in a small town with an income from working in a company that produces paint and textiles about $ 400 per month, my living expenses are still alone about $ 250, which makes it cheap because I get lunch at the office so I can save costs, but every year the cost of living continues to increase because my country often experiences inflation.
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Uruhara
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March 20, 2023, 12:13:09 PM |
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The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.
Many factors are the cause of the price spikes from day to day. However, in recent years the main trigger and cause has been the pandemic. And then there was inflation. exacerbated by the war between Russia and Ukraine which affected many countries. even the price of wheat continues to rise at this time. and it is true that in a few years the price increase can reach 2 times due to high inflation. and what makes it even sadder is that employee salaries have not increased. so that it is increasingly difficult for us to be able to set aside money such as for saving and investing. and we are currently encouraged to be more efficient.
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Rupok
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March 20, 2023, 01:38:35 PM |
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In our Bangladesh, the price of all the daily necessities is very high. Probably more than any other country.The biggest impact in our country is the price of soybean oil, which was a little less than $1 a year ago but has now gone up to $2.Boiler was 1.5$ but now it's 4$. Not only that, the prices of daily necessities are increasing at a high rate. Gas prices are increasing at a double rate.Expenditure is doubling as compared to people's income. Because of this people are suffering a lot. People are not able to lead their prosperous life.This problem has arisen since covid 19. Agricultural laborers are struggling to earn money for their basic needs.
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pantek talacuik
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Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
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March 20, 2023, 01:55:32 PM |
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The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.
This is the same with my country as we are now facing the worst inflation rate. However, even though prices go up faster every month, our country is so incompetent that they can't increase the wage. Meaning the level of wages isn't moving but the prices of goods are moving very fast. This is hard since you can't catch up and your purchasing power decreases every month. I just hope our government do something to address this. The rise of prices are everywhere. Be it east or west, people are upset due to increased prices. The government can not do anything - because they care for themselves only way out is work double shift and earn more money to meet your fiances You can also do two or three jobs at once if the time you make is very good and good in the future. So what will happen all about how enterprising you continue to grow going forward.
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19Nov16
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March 20, 2023, 02:21:05 PM |
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I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.
To improve welfare of course we have to be creative, don't blame too much on any condition, even if we work and only get a basic salary then we can still find additional income, the presence of the internet opens up opportunities to get additional earnings, I have a friend who is a worker in a garment factory, but at night he goes online on tik tok even though he only tells anything for up to 2 or 3 hours, the result is that he can get earnings from tik tok which are sometimes bigger than the wages of workers.
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xSkylarx
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March 20, 2023, 02:27:40 PM |
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- Here in the Philippines, if I compare to other countries, I can say that the prices of goods are better and better somehow.
Maybe from the food, except for other vegetables that are expensive, the rest is also okay, then from the rentals, you can get something that is also cheap, but it depends on the place of course. But when there is a crisis due to inflation, it is also a bit difficult, but now it has been fixed.
For sure, you are in the middle class or higher because you can say that. From rents, most of the house rentals increased due to the electric bills and water bills that also increased. In addition, the price of canned goods, which most low-income and minimum-wage earners complain about, is rising. I do have a lot of friends in government (contractual or job-ordered) who say that their salary is not enough and want to increase their salaries. Though those street food vendors have increased slightly, it is understandable given that all ingredients have increased.
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VRExpress
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Activity: 263
Merit: 15
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March 20, 2023, 03:20:15 PM |
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The cost of living is very low in my country, but it comes with a price, like, there is no job, the poverty rate is very high and things are costly, when I think about other countries I see that things are not balance either.
In Dubai, you will spend a lot of money to have a good life. In America, tax payments will rob you every month.
I don't pay for living in my country, with as little as 50,000$ in my country you are already a millionaire and you will live comfortably with your family.
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Sir Legend
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March 20, 2023, 03:33:06 PM |
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I live in Asia and according to government reports per capita income is around $7500, of course very far compared to developed countries like the USA or Europe, and if the total income I get is around $8500, the cost of living alone because I'm not married is around $700 so I'm still can save $ 1500 per year which I usually use for traveling 2 or 3 times a year.
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ichsan ardi
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Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
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March 20, 2023, 06:43:26 PM |
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from the lower middle class to the upper class can actually live in our country (Indonesia) but the quantity and quality of various kinds of materials and tools for living are definitely different, that's the only thing that affects the way of life in this country. it's simple, the more you have, the more you get, but the gap must still exist.
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cryptoknightt
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March 20, 2023, 10:57:00 PM |
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Even in developed countries, you experience difficulties, what do you think of me, who live in a country where I live is a country that is still developing. this pain is extraordinary from you
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Desmong
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Crypto bookmaker and casino
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March 20, 2023, 11:04:46 PM |
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I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.
Things are not too expensive in my region that is why I can easily decide to eat what ever I want to eat. The inflation is why but the government is making an effort to make sure that things does not get too busy and worse by the day. I work and I earn, those who do not have a work or something doing are the one that might keep making the same mistake over again.
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DainSLane
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March 21, 2023, 02:23:17 AM |
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In my Opinion The rising cost of goods and services is a global issue that affects people of all ages and backgrounds. It's important to be mindful of the impact it has on vulnerable populations, such as the elderly or those on fixed incomes. While it's important to prioritize our needs and budget accordingly, it's also important to advocate for policies that support fair and affordable living standards for all. Sharing experiences and knowledge can help raise awareness and bring about positive change.
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Docnaster
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March 21, 2023, 08:37:35 AM |
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The cost of living my is absolutely high and it's affecting the general populace here. The cost of goods and services is continually on the rise which has made it almost impossible for so many people living here and the government is not even putting good measures to regulate the price of goods and services.
The huge bad effects of governmental policies on local currency redesign and distribution was the latest to have crippled so many micro businesses. In country of over 200 million people, over 75% of the total population are living in abject poverty.
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rhodelmabanal
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Buzz App - Spin wheel, farm rewards
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March 21, 2023, 12:02:45 PM |
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I am a 32 year old male living in Australia.
Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.
I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
I really feel bad for the elderly pensioners in this country. They are definitely struggling.
I would be curious to read of the experiences others around the world are having in regards to their cost of living.
We have the same experience, in my country the gas price is increasing i think it is all because of the ukraine and russian war because one of this country supplies gas to my country and because of this high gas price most of the people are struggling but we are still surviving i hope that someday everything will be alright and we will back to normal life.
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autumnleaf
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Activity: 219
Merit: 19
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March 21, 2023, 12:22:54 PM |
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We are all concerned about the rising prices of items, the rising costs of utilities like water and electricity, and the fact that we cannot afford to purchase even the most basic necessities with our salaries. I am unsure of what will happen to us because inflation appears to be rising in other countries as well.
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Semar Mesem
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March 21, 2023, 01:19:14 PM |
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I live in a country that is still developing and the cost of living in my country can be very different, there are areas where 1 person can live for less than $ 100 per month, and I have been to these areas, these areas are in coastal areas, almost all necessities of life do not buy , fish, groceries and vegetables are all produced from their own garden so the cost of living is very cheap
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cafee_orange
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March 21, 2023, 06:34:34 PM |
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I am a 32 year old male living in Australia.
Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.
I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
I really feel bad for the elderly pensioners in this country. They are definitely struggling.
I would be curious to read of the experiences others around the world are having in regards to their cost of living.
for the current world economic conditions it is undeniable, the price of basic goods is very expensive while the value of the currency is no longer valuable. In my country, for example, all types of basic commodities are classified as very expensive, be it rice, oil and flour and other types of needs, while the current value of money seems to be no longer valuable so that when shopping at the market we have to spend large amounts of money. I think this is all because of the global economic crisis
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