The cost of living is trying to kill the living

[Desscount]

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

[1715151616]

1715151616

[molsewid]

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

The thing is, in a country like where we lives they spend too much money to unnecessary things and they have the guts to share it on nationwide television. There's no plan for agriculture in here now, inflation really hit us hard, having a job is not sufficient even though it is white or color blue collar still it is not enough, it is hard to live in a country where you were born but the cost of living is getting bigger.

[wmaurik]

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

[STT]

Dealing with it would be itself a deception as its a beast created and released by government itself.   Government has the means and control to release more money as they wish, the effects of that decision are not felt until sometime later in some cases it will be years or decades.     Inflation is very attractive to government as a form of funding, debt relief and means to distance themselves from budget failure, the enemy appears to be those who raise prices or ask for higher wages when it began as the government producing cash via deficit budget planning and bond issuance.   If gov only spent actual capital, was constrained to its gold reserves the world would look differently.

[Rockstarguy]

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

You are right. It is not easy for price of things to reduce,  I went through a research to check price of food stuff in my country 30 years of ago. I saw that things never reduced but it keeps increasing till date, I think the price   of things can't remain the same at a particular point
, it is expected of things to go high. Depending on the government thinking that they can bring the price of things down may not happen sometimes, it is just better people get double source of income than waiting for price of things to come down.

[xSkylarx]

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

You are right. It is not easy for price of things to reduce,  I went through a research to check price of food stuff in my country 30 years of ago. I saw that things never reduced but it keeps increasing till date, I think the price   of things can't remain the same at a particular point
, it is expected of things to go high. Depending on the government thinking that they can bring the price of things down may not happen sometimes, it is just better people get double source of income than waiting for price of things to come down.

The price keeps increasing, but The salary also increases, but it is only small, which is not balanced for the price of food today. This has really a chain effect because of the expensive fertilizer and the fact that the government can't regulate it. When fertilizer keeps increasing, the price of food also increases as planting becomes more expensive than in previous years. Even the farmers are saying that they aren't  getting a profit and prefer to do work in the city.

[Asuspawer09]

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.

I mean it's a big problem around the world even some of the biggest country experience inflation, and I guess there is just no way out of it. I mean we already see a lot of countries that suffer from this, I remember watching it on the news when people started to do riots, and the crime rate there was already so high plus thieves are everywhere because of the country's inflation problem. In my country the inflation was really a big hit, I remember when I was just a student 100pesos here is already a big amount of money, with that 100pesos I can already buy everything that I needed like food, fees, jeepney fare, etc. But now you're gonna need around 300-500 pesos to be able to live somehow comfortably as a student. Even on groceries something like 500 pesos you're already going to buy a lot of groceries, but now your gonna need around 3000 pesos just to buy the basic needs of groceries.

If you not going to do anything you could easily get eaten by inflation, but there is still some way around it, having multiple income streams, and as well as keeping your money out of the bank, you just need to make your money work something like a business.

[Renampun]

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.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

[Hamphser]

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.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

On the time that you do have a family then you should really be having that double time when it comes to working and never intend on making yourself stick in one source of income because in todays living then it wont

really be that sufficient if you do ask me.Cost of living due to inflation becomes even more worst as the years passing on which it would really be that normal that you would really be minding about on having other income source because when situations like that pandemic would occur or whatever it would be or similar then you would really be finding yourself to be on great trouble or problem.This is why its better to be advanced or trying out your best to find another source of income and tend to save for emergency purposes on which it would really be letting you on having that kind of preparedness when these things do happen.
If you do find that living in todays world is a struggle then it would common sense that you should find another income source.

It might not be so simple on doing so but at least you do make out an immediate step for you to avoid yourself on such difficult situation.

[Fredomago]

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.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

It's a must, in minimizing your expenses and try to find additional side jobs to fill the big gaps as we are really having difficulty to face this situation, the cost of living even with those who have a decent paying job are being felt and we can't argue about that in many places this condition are really bringing tough and hardship with each individuals especially those who only earn minimum or less than the minimum wages.

Need to work harder and find add-ons with your salary, selling online or even extending your time to find extra jobs to make sure that you can address the needs of your family.

[DeathAngel]

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

[Uruhara]

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

The trigger for the price increase actually did not just happen because of the post-pandemic impact. but price increases also occurred as a result of the impact of the war conflict that occurred between Russia and Ukraine. that is, when fuel prices rise dramatically, all things that use fuel will certainly experience an increase. and of course at this time there are many fields that cannot be separated from the use of fuel. so that the increase that occurred in all industrial sectors became unavoidable. and what makes us annoyed is when the price of fuel has fallen but it turns out that the prices of some necessities in the market have not decreased again. For example, the price of transportation costs has not decreased even though the price of gasoline has decreased slightly here. and many other things in common.

The rich are getting richer because they have large reserve funds that are used to buy valuable assets that have decreased during the pandemic. and when the economy recovers they get more and more profits because the assets they bought start to grow in price.

[JeffBrad12]

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

thats true I just feel like many are undermining the effects of inflation over the course of the year that gets heavily influenced by the presence of COVID.
everything is quite literally so inflated right now in terms of price that I think life gets harder and harder when the buying power isn't there.
we can work all day long having two shifts and we'd still broke, its just how it is nowadays, life aren't about living anymore its all about competition and just surviving.
what a tough world we live in but then again thats just how the reality is.

[Paul Pogba]

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

I agree, that indeed by increasing income and doing a lot of work will make our finances better.

The best thing for us to do is to continue to increase our sources of income, especially now that we can easily get any information on the internet because the knowledge to create a source of income for a business can be easily and for free, don't miss this easy opportunity and always be optimistic that the future will get better soon.

[Jatiluhung]

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

I agree, that indeed by increasing income and doing a lot of work will make our finances better.

The best thing for us to do is to continue to increase our sources of income, especially now that we can easily get any information on the internet because the knowledge to create a source of income for a business can be easily and for free, don't miss this easy opportunity and always be optimistic that the future will get better soon.

Opportunities to get side jobs and additional income nowadays are indeed much easier than in ancient times when there was no internet and digitalization did not exist. Now in the digital era everything has become more practical. including in finding work and additional income that can strengthen the financial resilience that we have.

Adding income from a side job via the internet can be even more flexible with time. for example becoming a reseller on social media, becoming a content creator on various social media platforms or even on YouTube, becoming an influencer, or even if we have skills in crypto trading then we can open a VIP class to share trading signals and share insights. The point is that there is a lot of work that we can do to bring in additional income at this time. I also have income from a main job and a side job. and this has helped my economy so far.