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Author Topic: The cost of living is trying to kill the living  (Read 1764 times)
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March 08, 2023, 04:00:35 PM
 #41

It's not trying to kill the living, it's to keep the poor and middle class alive but as close to desperation as possible.

Been struggling with inflation here where I am, already, but at least it's still doable. As in, if it used to cost let's say 10% of monthly wage for a week's groceries (and that's almost luxurious), price doubling is 20%, but cutting down on luxury I can already minimise it to 15% of monthly. That's about 60% just on groceries, but I support a big family so it's actually all right.

Back home, for most of my family, it's far worse. Already living on minimum means, price doubling means people already are out of means.

Meanwhile, companies are posting more profits. I'm not saying Bitcoin's the sole solution, but it's a pretty good start.



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March 08, 2023, 04:03:33 PM
 #42

While growing up things were quite easy, an I also know that life was also easy for the common man...
While growing up, you did not have many responsibilities, and maybe there were people catering for you, so you will never have been able to tell the exact pressure that they were going through to make you comfortable.

  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
There is the need to seek to increase your sources of income, depending on just one source of income at this time is not advisable. You also need to increase planning in use of what you have already to avoid wastage.

Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
Family planning was advised all along, give birth to the number of children that you can comfortably take care of. Giving birth to children and hoping that you will find a way to take care of them is simply putting yourself under pressure.

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March 08, 2023, 04:04:13 PM
 #43

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.

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March 08, 2023, 04:38:38 PM
 #44

Yes of course nowadays it is hard to Offord daily expenses because there is no job in recent year and instead of completion of degree there is difficulty in getting job so it's important to do plannings for the expenses of life.

I will guess that a person should think about other ways because these days are very hard to manage.

50 percent of individuals of our country are jobless and due to this reason they have no opportunity to earn money so focus is needed for another way of doing something for the earning of cash.

Crypto investment is very important way because now its a better way specially investment in Bitcoin and Ethereum.



 

 

 

 

 

 


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March 08, 2023, 05:37:36 PM
 #45

Yeah, it's realization that we are grown ups now. Until we were kids we had no idea how our parents are managing the money for house and how the expenses are getting percolated throughout the months. By the time we stand for ourselves in the real world we come to know that we have so many things to take care of and it ain't easy to manage money for everything.

The situation that was there in 19's is similar to what we have in 20's the only thing is appreciation for the materialistic things have gone too far. As the natural resources are depleting and demand is rising due to over population, things are now on our shoulders through cost of living.

That is the main reason we are getting that high burning feeling mate.

Idealistically, our payouts do increase, we also get appraisals for our salaries. Though the formula has been set correctly, the problem is with the faster inflation and lower appraisals for us. It's getting mismatched and we are overburdening ourselves.

The economics management is one thing and actually living with it is whole new universe.
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March 08, 2023, 05:42:08 PM
 #46

Cost of living is becoming too much and it's almost impossible to extract the middle class from the poor. The cost of petroleum is getting higher than before, inflation is at the top, unemployment increases everyday. Citizens don't get enough care from the Government, prices of commodities are not being regulated in some countries, which helps vendors to skyrocket prices of goods and services without reducing prices even when it drops. Most nation's are being manipulated by both the Government and citizens who work for them to suppress the poor masses. In all these challenges, what matters is to be alive, that's the purpose of living. And always think of getting a decent skill that'll solve some of these problems sorrounding the world.

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March 08, 2023, 06:43:04 PM
 #47

Inflation occurs everywhere in the world, but the rate at which it affects each country varies. We are all aware that the government cannot completely satisfy the citizens but can only do its best. Despite this, corrupt leaders have made it appear as if it is impossible for citizens to see that as an impossible fact, which it is not. The cost of living will not kill a person, but it will make their life miserable.

Those who intend to have a large number of children should consider the country's economic situation and whether it will be advantageous for him to have more children there or not in order to avoid birthing children who will suffer. Because we cannot rely on the government for our daily needs, learning a vocational skill in addition to one's degree education will go a long way toward assisting and sustaining one's living amidst the country's difficulties.

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March 08, 2023, 09:08:38 PM
 #48

I was just on a thread with an outlook on how inflation has impacted cost of living. It is rather obvious the current living conditions of most, but one thing to note is that, survival as humans is based on the ability to adapt where there is little to maintain a certain standard of living.
Things like cutting our budget down, hiking for few kilometers to reduce transportation cost and save more can go a long way in making life more liveable, believe it or not.
Alternatives are the best options, ignore luxury and just try to fulfil the need of shelter, food. Clothing can be reinvented or recycled.

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March 08, 2023, 09:54:13 PM
 #49

Dealing with inflation is getting harder each day. It seems like we are just working to pay bills that are getting more expensive and continuously increasing even if we try to save and lessen our consumption. Big families are deeply hit by this inflation and e children are suffering. Unfortunately, in our country, the government only does a temporary solution to this problem. They are just giving a small amount of penny which will not help in the long run. I think if we want to survive this crisis we have to double our jobs and always look for alternative ways to make money because we can't rely on anyone especially the government who are also taking advantage of the situation.
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March 08, 2023, 10:33:12 PM
 #50

We have no other choice but to adjust. Cost of daily living won't fall down if we would complain about it, unfortunately. The only thing we could do to continue living is to seek for a better job or adjust our expenses as much as possible.Waiting for things to be at ease won't mean nothing 'coz that is not how economies work.
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Don't think that the government is completely wrong while we also don't correct ourselves. The fact is that people who are able to survive are they don't give up, develop their skills and keep fighting, instead of complaining and then depending on the government system. In this case, the role of the government is definitely trying to give the best but we can't blame it if it fails. Because a corrupt government will always be in its own circle to continue to enrich itself.

You are right there, if we already know life is getting harder and harder, the government cannot help us. Why don't you save yourself but complain to others? That will only make people mock you more, don't think that anyone will sympathize with you. Inflation, crisis... that many people are still living well while we lament, we should take a look at ourselves.
This is how I view things but not with the extent that people will be mocking me because of how I look towards economic situation. I tend to complain but I also keep it to myself, while creating a solution and not complaining alone. In the first place we are all suffering from the situation. Sympathizing is a good thing. Wishing for a betterment for the next day is also a good thing. But to wait for things to be in favor on your end is a different thing, it'll cost you forever, trust me.

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March 08, 2023, 10:56:22 PM
 #51

Such different factors cause this living a hard one. Economic inflations, cost of living, education and healthcare costs. i understand the difficulties you are experiencing but come to think of it, you are surviving until now. That means you are coping up with the situation and you are able to adjust to what it is right now.

Thus, the cost of living is actually challenging to most of us. Government and other agencies, I believe are doing their best to make some solutions about these problems but demands and supply are always connected with these problems.
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March 08, 2023, 11:00:54 PM
 #52

Am wondering if it's same experience in other part of the world.
I don't know what part of the world your from but these days, the world has become a global community and somehow, we are linked. How do you know this, dump some huge waste in an ocean and you might find it having effect in the other end of your world. So does the economic situation in sme nation. Its never rray better anywhere as, there are always going to be some sort of problem a nation face and how they handle it is always up to both government and individual effort. Although, its always not easy as corruption always elevates the suffering of a people due to individuals with selfish interests.

When the economy gets difficult, you try to cut down cost using what ever means.
Today might seem better tha  yesterday because, a lot has changed in today compared to yesterday. Most of all, the population aren't the same no more but sincerely, as humans, we ought to have built standards to keep the effects to a minimum but, hard times always crrates an opportunity for wealth for others and so, they drive to make things difficult is always there. Sad.

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March 08, 2023, 11:09:49 PM
 #53

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.
You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.

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March 08, 2023, 11:14:21 PM
 #54

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.
You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.
Whether we do like it or not when it comes to economic problems or situations that we are facing then there's no way that we could able to avoid it which means that we dont have no choice but to face it.
Economic situations or conditions becomes more worst as years passing by and goods and necessities becomes even more expensive the the wage and payrates do remain still the same which means
that you are really that overdropped in that case.As an individual then we are the ones who should be finding ways on how to sustain and survive yourself somehow and this is via finding
other sources of income although it might not be simple on looking one but we should thrive if we do really like on surviving this conditions or situation.

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March 08, 2023, 11:18:49 PM
 #55

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.
You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.
Almost every country is experiencing the hard days. For now the governments only can take necessary action to safeguard the living of people. Hard days are particularly for the middle class and the lower class of people. The rich are still enjoying the luxury, I'm not sure whether this the imbalance in the economic structure or the lack of governance.

To make a recovery of the economy it takes time. As mentioned the people need to limit the spending on unnecessary needs. At some point these unnecessary spending contributes more to the economy through increased money circulation which too need to be noted.

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March 08, 2023, 11:26:02 PM
 #56

Whether we do like it or not when it comes to economic problems or situations that we are facing then there's no way that we could able to avoid it which means that we dont have no choice but to face it.
Economic situations or conditions becomes more worst as years passing by and goods and necessities becomes even more expensive the the wage and payrates do remain still the same which means
that you are really that overdropped in that case.As an individual then we are the ones who should be finding ways on how to sustain and survive yourself somehow and this is via finding
other sources of income although it might not be simple on looking one but we should thrive if we do really like on surviving this conditions or situation.
You are right. we cannot avoid the economic crisis that has befallen almost everyone. And we are responsible for ourselves. then we must be able to develop ourselves in this case so that we can continue to adapt and survive.

I even keep looking for opportunities that I can take to serve as an additional source of income. and I also develop other skills in my life so that I am always ready with every opportunity that arises.

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March 09, 2023, 12:44:16 AM
 #57

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Most of us suffering from the high price of the basic needs for today, in my country basic needs price rice almost 80 percent together with the diesel and the gasoline price, the most affected is the minimum wage earner the salary is not enough to feed the family it is really devastating, the government is still looking for the very best way to support the countries needs but still because of the calamity the assistance for poorest of the poor is not enough i think all we need to do is still work and slowly we will rise again, there is a change for everything if today we suffer maybe soon we will rise and become successful.

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March 09, 2023, 03:10:31 AM
 #58

I don't get the point of having many children. Wouldn't it be more challenging for people to do it? I think it's going to be a challenge if you have more children and be someone who will be another addition to the population that would create "needs" to have that effect on the economy.

Don't you think it will be even worse for the child? The more demand, the more it would be hard for the people in the country.

As long as the country isn't developing, the salary increase wouldn't happen. Better to have a great leader.

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March 09, 2023, 03:34:02 AM
 #59

The cost of living is getting more difficult because of rising prices, it's very difficult for workers to get a raise, especially since the impact of the pandemic is still being felt today, namely many companies are bankrupt, but we must always be optimistic, the presence of the internet, which is getting easier and cheaper, gives us opportunities to earn income In addition, even people who don't graduate from school can earn thousands of dollars a month just creating content on YouTube or TikTok.



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March 09, 2023, 04:08:16 AM
 #60

People are really finding it difficult to feed themselves in my country, because the inflation has collapsed the government plan during the pandemic that took place over one year are some months which is not giving the government and the citizens joy. I believe, government will not allow this inflation to take people life than to do what will help the people to recover from their losses they had experienced from their various businesses in the country. Since many countries has adopted Bitcoin for their youths to make progress, I believe our government will do the same thing to ensure the youths of the land will experience positive changes in the living.

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