How do you manage your finances and family if your income is low range?

[MarjorieZimmermanGinger]

At least with your existing skills you can open up employment opportunities for yourself so you can earn extra money. It's not easy to find additional income, but that doesn't mean it's impossible, there are many things you can still do and to manage your finances so that they are stable we don't always have to have a steady job, there are many ways to make money as long as we are willing to do/look for them.

That's true and by having skills we can develop our own business potential even if it is small and in this way our income can increase slightly. If someone wants to try, there must be a way to make money, but because their prestige is greater they prefer to be unemployed rather than trying to find a solution. I also see that the circulation of money in the market is very large and if we just want to sell vegetables we can definitely make money because the market is never empty even if people don't have money.

This is currently a problem in various countries, the increase in prices of basic commodities due to global conditions is not accompanied by increasing wages, so many people are having difficulty stabilizing their finances to meet their daily needs.
There really is no other way than to save money and also earn extra money.

Creating a program to grow vegetables in your yard could also be a solution amidst the ever-increasing prices of basic commodities, at least so that these needs can be met and you are not completely dependent on produce sold in the market. If these needs can be met, it will be easy for people to face these problems, because if salaries are not commensurate with the increase in prices of goods, it will certainly make it difficult for people to meet their family's living needs.

[dothebeats]

At least with your existing skills you can open up employment opportunities for yourself so you can earn extra money. It's not easy to find additional income, but that doesn't mean it's impossible, there are many things you can still do and to manage your finances so that they are stable we don't always have to have a steady job, there are many ways to make money as long as we are willing to do/look for them.

That's true and by having skills we can develop our own business potential even if it is small and in this way our income can increase slightly. If someone wants to try, there must be a way to make money, but because their prestige is greater they prefer to be unemployed rather than trying to find a solution. I also see that the circulation of money in the market is very large and if we just want to sell vegetables we can definitely make money because the market is never empty even if people don't have money.

I understand your point and I honestly agree with you. If an individual really has the drive to find a way to make (additional) income they will somehow find a way to do so despite any discouragement they may get from others. Moreover, small income is still income and there are always available ways to increase it as long as we know how to critically analyze, plan, and put the plans we have into action. The economy is not favorable for most of us due to inflation and we can't really do anything about that state but what we can do is to adjust and find ways to constantly survive. We cannot let ourselves be stuck and just continuously cry and complain as that will obviously take us nowhere.

[Pierre 2]

It must be very hard to save money when your income is already too low. There are couple of different methods that can be followed focusing on saving money first. To be able to invest money, you need to have money. So you should cut expenses so hard. Especially when you are young it's easier to cut expenses. Then when you have money you can basically try to buy flat with low rate fixed credit from banks. I think there's no better investment than a flat/house.

[GigaBit]

Yes. Live within your means. Do not live with life’s luxuries, but chose to live a simple life. If you do that, your life will be more at peace. And stay focus to yourself and your family, do not entertain destructions that will only lead you to ruin your set limits. And as much as possible, be grateful for what you have, but always encourage yourself to never limit yourself to only single skill and single job. Develop more skills so that you can also increase your sources of income. If that happens, you will never be drown into debt but will even make your life more meaningful and progressive.

Its looks simple, life based on how much your income and not push your self with luxuries life if your income low range, regarding with many kinds of loan interested from debit card until online place for taking loan its not good ideas have to push up luxuries life with low range and have take much loan. I think when having low range financial condition try to make effective with all outcome and balance with passive income receiving, don't be shy around environment when they have luxuries life but make balance between income and life condition. One thing when you have low range income under $500 each month don't try to buy car with credit way, better use motor bike with lower range based on lower financial income than have to pay loan interested every month for showing to the other about luxuries life when having car.

Nowadays a tendency works in our mind where a person cannot afford to buy a thing but he does so with various loan facilities. As a result, when he continues to pay monthly installments, he tries very hard to reduce the expenses of his family to pay the monthly payment. But here, if he had saved some money instead of taking any kind of loan, he would not have been under too much pressure. It is a suicidal decision when we think of purchasing various expensive products to adapt ourselves to our environment. If I start borrowing once with bank loan or credit card then it will continue which can be life threatening. We should do whatever we can. If we follow others, we will invite our own disaster.

[dezoel]

First of all, if we think our capacity is not enough, we shouldn't attempt and create a family because it's not only us is the ones that are going to struggle but also the innocent kids and then our wife. I know this is hard because people are selfish and only push their deserves. They can only regret at the end but if ever we are there on the situation, all we need to do is budget properly.

We shouldn't be afraid to tell it to our family and I'm sure they will understand us. We can also try to look for another source of income if our time and body still permits. Lastly, if we have extra income, maybe we can save it or invest. Cryptos are a good option because a small amount is welcome here.

[SmartCharpa]

You do what millions of people are doing..... you adapt your lifestyle towards the income that you receive. You first start by cutting the luxuries from your budget and strip it down to the bare necessities and then you find cheaper alternatives for the bare necessities.

You also look for ways to supplement your primary income, so that you can pay off most of your debt. Also try not to incur more debt, because that puts you in a worst situation.  

Yes. Live within your means. Do not live with life’s luxuries, but chose to live a simple life. If you do that, your life will be more at peace. And stay focus to yourself and your family, do not entertain destructions that will only lead you to ruin your set limits. And as much as possible, be grateful for what you have, but always encourage yourself to never limit yourself to only single skill and single job. Develop more skills so that you can also increase your sources of income. If that happens, you will never be drown into debt but will even make your life more meaningful and progressive.

You're right; we should live within our means so that we can take care of our families. However, some people can never imagine that. There are many people who prefer to pursue a luxurious lifestyle to leaving a simple one so that outsiders should know that they have the money. As for me, we concentrate on a way that will bring us money so that we can be able to take care of our families. All they need to do is leave their current situation; we need to help them no matter how little money we make. It is okay to even tell them how much money we make, especially if we are still supporting our wives or other family members. A simple life is all we ask for; it should be simple to leave.

[junder]

It must be very hard to save money when your income is already too low. There are couple of different methods that can be followed focusing on saving money first. To be able to invest money, you need to have money. So you should cut expenses so hard. Especially when you are young it's easier to cut expenses. Then when you have money you can basically try to buy flat with low rate fixed credit from banks. I think there's no better investment than a flat/house.

That way at least we have savings even though it is small in value, but it's okay to save with even a small value because no matter how small we save if we have a strong determination there will be good results later, saving yourself in the bank or investing in anything that will provide positive value for ourselves. This is what should be applied to people with low income, even with the low income they get at least they save or invest to prepare for the future, because if they have a low income and only prioritize lifestyle it will not last long and there will be no end if we follow the lifestyle seen from the lifestyle that now people style with luxury to get praise from others. There is nothing wrong with following a lifestyle, but the other side that we must see will be the future that we will face ourselves.

Only some people can save with a low income but they don't hesitate to save in order to have savings for their future, people like this usually don't prioritize lifestyle but think about what their future will be like if they don't save from now on even though it's hard to save but we have to be able to at least set aside our income to be saved and can be used if there is an urgent need because basically no one knows when the disaster will come.

[Mahanton]

You do what millions of people are doing..... you adapt your lifestyle towards the income that you receive. You first start by cutting the luxuries from your budget and strip it down to the bare necessities and then you find cheaper alternatives for the bare necessities.

You also look for ways to supplement your primary income, so that you can pay off most of your debt. Also try not to incur more debt, because that puts you in a worst situation.  

Yes. Live within your means. Do not live with life’s luxuries, but chose to live a simple life. If you do that, your life will be more at peace. And stay focus to yourself and your family, do not entertain destructions that will only lead you to ruin your set limits. And as much as possible, be grateful for what you have, but always encourage yourself to never limit yourself to only single skill and single job. Develop more skills so that you can also increase your sources of income. If that happens, you will never be drown into debt but will even make your life more meaningful and progressive.

You're right; we should live within our means so that we can take care of our families. However, some people can never imagine that. There are many people who prefer to pursue a luxurious lifestyle to leaving a simple one so that outsiders should know that they have the money. As for me, we concentrate on a way that will bring us money so that we can be able to take care of our families. All they need to do is leave their current situation; we need to help them no matter how little money we make. It is okay to even tell them how much money we make, especially if we are still supporting our wives or other family members. A simple life is all we ask for; it should be simple to leave.

The best thing to be done from the start on which we should really be living by our means and not by our wants because if you do find yourself that too impulsive on buying things which arent that priority and the money you are really that earning isnt really that sufficient then you are really that looking yourself for trouble and this is something that you should having in mind that set your priorities first and then if you do have some extra
then this is the time that you would really be considering on buying on things that you do like. Managing finances as a main provider or simply being the father or husband is never been simple because everyone is really that depending on you on which means that you would really be needing to be wise when it comes to spending or else you would really be that overdropped or would really get lost on your budget.
If you do have plans on trying out to expand or potential source of income adding up then it would really be just that wise that you should really be dealing or looking for another job which you can add up but of
course it would really be imposing some possible or potential sacrifices but for the sake of our family and means of supporting them then we should really be doing it without hesitation but of course you should be giving
importance with your body or simply still having the balance because if body would really be that compromised then earning extra income would be pretty darn useless.

[terrific]

I've been there, and it's not easy. Budgeting is key! Cut non-essentials, save, and look for side gigs.

Side gigs or side hustles are almost everywhere today. Gig economy has been one way easy for everyone to have additional income.

Support from family and community can help too. It's all about making every penny count.

Support won't be able to feed you if you are just talking about the moral support that you need when you're looking for side gigs. Because you've got mouths to feed.

[MarjorieZimmermanGinger]

I understand your point and I honestly agree with you. If an individual really has the drive to find a way to make (additional) income they will somehow find a way to do so despite any discouragement they may get from others. Moreover, small income is still income and there are always available ways to increase it as long as we know how to critically analyze, plan, and put the plans we have into action.

There is no one who cannot make money if they are willing to work and there is always a way for those who are willing to try. The problem is that they are too lazy and not proud of the work they have so they don't want to do it. I often see people who are physically disabled but can still make money because they are willing to try. It's different about small or large income, because everyone has different needs to fulfill their daily needs and it really depends on us how to manage them.

The economy is not favorable for most of us due to inflation and we can't really do anything about that state but what we can do is to adjust and find ways to constantly survive. We cannot let ourselves be stuck and just continuously cry and complain as that will obviously take us nowhere.

Inflation and recession have indeed caused many people to lose their jobs because it is caused by the weakness of the community's economy in meeting life's needs, so that many workers have been laid off because of sales or job requirements that have to be simplified. Individual skills and hard work are important in conditions like this and if we can see opportunities maybe this problem can be resolved a little. Look at the sectors that are needed in conditions like this, for example what needs are needed even if people don't have the money to buy them, then make a plan to develop a business in that sector, even if it is small.

[doomloop]

We'd rather not think big and add more unnecessary stuff.
 - because at the moment we aim high, being jealous of others for their luxurious life, and the tendency to compromise our finances.

That is why we should be certain of our expenses and keep them low. It was very difficult honestly and many things could be sacrificed. A reason why we shouldn't make our life too easy and contented with having that situation if we know that there is a way to help it out and live even better.

To think big is actually a good thing. I'm not referring on thinking about those material stuffs like for example the latest iPhone, but it's about thinking if how we can maximize our capacity in order to improve our life more or others through contributing to the people around us or the society.

This is also important as a human being. It makes you identify the real purpose of living in this world. Being jealous with others is a bad thing but we can use them instead as an inspiration. It doesn't mean we also buy the same stuffs they have but it's about grinding hard and working to improve our ability, and lifestyle/routine. It's hard but later it will be compensated by the good things or good vibes rather.

[milewilda]

I understand your point and I honestly agree with you. If an individual really has the drive to find a way to make (additional) income they will somehow find a way to do so despite any discouragement they may get from others. Moreover, small income is still income and there are always available ways to increase it as long as we know how to critically analyze, plan, and put the plans we have into action.

There is no one who cannot make money if they are willing to work and there is always a way for those who are willing to try. The problem is that they are too lazy and not proud of the work they have so they don't want to do it. I often see people who are physically disabled but can still make money because they are willing to try. It's different about small or large income, because everyone has different needs to fulfill their daily needs and it really depends on us how to manage them.

The economy is not favorable for most of us due to inflation and we can't really do anything about that state but what we can do is to adjust and find ways to constantly survive. We cannot let ourselves be stuck and just continuously cry and complain as that will obviously take us nowhere.

Inflation and recession have indeed caused many people to lose their jobs because it is caused by the weakness of the community's economy in meeting life's needs, so that many workers have been laid off because of sales or job requirements that have to be simplified. Individual skills and hard work are important in conditions like this and if we can see opportunities maybe this problem can be resolved a little. Look at the sectors that are needed in conditions like this, for example what needs are needed even if people don't have the money to buy them, then make a plan to develop a business in that sector, even if it is small.

It all talks about hard work and effort on which this had been always the key for us to make ourselves that progress or could really be able to make money.If you do find out yourself to be that in a struggle in terms of money
then it would really be just that right that you should really be that working your ass off just to make that income or having that stream of money that you would really be using up for your daily survival. We do know that its never been that simple on living in a world like this on which every commodity and services which value increases and our salary dont increase at the same time on which you would really be ending up on struggling on day to day living but of course there would really be ways and alternatives on which you could really be able to make yourself sustain no matter what.Just like on what been said that it would really be that a matter of hard work and dedication on making yourself that progressive because if you dont act nor make a move then you wont really be finding yourself that able to survive on day to day living.

Its never been that simple but doesnt mean that you cant really be able to find ways on how to make your life better.There are really just those conditions or situations on which it
cant really be that be able to avoid but there's really ways and things which we could make out that alternative or solution.

[shinratensei_]

You do what millions of people are doing..... you adapt your lifestyle towards the income that you receive. You first start by cutting the luxuries from your budget and strip it down to the bare necessities and then you find cheaper alternatives for the bare necessities.

You also look for ways to supplement your primary income, so that you can pay off most of your debt. Also try not to incur more debt, because that puts you in a worst situation. 

Yes. Live within your means. Do not live with life’s luxuries, but chose to live a simple life. If you do that, your life will be more at peace. And stay focus to yourself and your family, do not entertain destructions that will only lead you to ruin your set limits. And as much as possible, be grateful for what you have, but always encourage yourself to never limit yourself to only single skill and single job. Develop more skills so that you can also increase your sources of income. If that happens, you will never be drown into debt but will even make your life more meaningful and progressive.

but with the fact that inflation always rising year by year that it doesn't even equate to the increase in salary, will you be able to afford living by just cutting down some luxuries? eventually your purchasing power will be a fraction of what it is nowaday, and you will be left with fewer and fewer things you could buy to fulfil your basic needs if you don't do anything to fix your financial problem.
I think thats what people with low income should always think, they are the one that always vulnerable at the slightest shake in the economy therefore something is needed to keep themselves from becoming even poorer.
its not as simple as just cutting down the things we buy, but we also need to know that inflation eats your wealth.

[MarjorieZimmermanGinger]

It all talks about hard work and effort on which this had been always the key for us to make ourselves that progress or could really be able to make money.If you do find out yourself to be that in a struggle in terms of money
then it would really be just that right that you should really be that working your ass off just to make that income or having that stream of money that you would really be using up for your daily survival. We do know that its never been that simple on living in a world like this on which every commodity and services which value increases and our salary dont increase at the same time on which you would really be ending up on struggling on day to day living but of course there would really be ways and alternatives on which you could really be able to make yourself sustain no matter what.Just like on what been said that it would really be that a matter of hard work and dedication on making yourself that progressive because if you dont act nor make a move then you wont really be finding yourself that able to survive on day to day living.

There is no way other than helping ourselves financially, people can provide a way and capital for us, but if we don't move ourselves to find a solution then there is no way out of the problem of economic hardship in conditions like now. All commodities increase while salaries are never increased in a balanced way and in the end we cannot meet the balance in terms of spending. We are still lucky to still have a salary rather than some people experiencing layoffs because production has decreased due to no sales value. There is a need for alternatives and skills in facing an increasingly difficult life and talking about prestige because work is not suitable is not a solution because we need food not just prestige.

I began to realize that when we have responsibilities towards our family, prestige is not the main thing we think about, but rather how we can make money to support our family life. Creating protection to increase financial balance is very important and as much as possible we must try to find ways to always be able to make money even if it is small. The method can be adjusted to each of our skills and see opportunities everywhere to make money, if not then don't expect us to get out of the current economic difficulties.

[zaim7413]

Prioritize needs and always close yourself off to desires that can absorb greater expenses. When you are faced with very limited financial conditions, circumstances will require you to always live frugally.
Some people are successful in managing their families very well even though their personal income is very low because they always feel they have enough of the good fortune they get. Even though they rarely eat delicious food, rarely wear expensive things, they can still live happily due to gratitude for the good fortune they get, even in small amounts.

[Davian144]

I've been there, and it's not easy. Budgeting is key! Cut non-essentials, save, and look for side gigs. Support from family and community can help too. It's all about making every penny count.

Not only can this make every penny very meaningful, but it can also make every condition capable of being faced by everyone wisely without excessive stress. Because someone who is willing to cut things that are not important and want to save every income into important savings will always be ready to face any difficulties in life.

Apart from that, support from several parties really needs to be sought, but I doubt that every community will support our efforts in this regard because currently everyone is also trying to eliminate the difficulties that exist for themselves. So the most likely means to rely on as support is our own family, because the people in our own family will always be more likely to provide full support for our success and to eliminate any difficulties we have experienced before.

[armanda90]

There is no one who cannot make money if they are willing to work and there is always a way for those who are willing to try. The problem is that they are too lazy and not proud of the work they have so they don't want to do it. I often see people who are physically disabled but can still make money because they are willing to try. It's different about small or large income, because everyone has different needs to fulfill their daily needs and it really depends on us how to manage them.

Hard work is not always make us on the stable financial condition due many countries have lower salary payment and difficult to reach better financial although spent more than 10 hours in daily days for working. But have better condition with financial when we want working hard than keep lazy and complaint how cheapest salary payment when working on some company or another job. Regarding with some people have disability with their physical but keep creative ideas for working without complaint or lazy with their condition.

Its the same meaning "where the will there the way"

If want get stable or better financial condition work and don't make your self lazy, but hard work only not enough yet because we need smart work how to get higher payment salary than focus with physically working.

[franky1]

tl:dr; just those 2 products can save £17 a week (£68 a month)
..
convenience becomes the enemy of income

i dont need to be personally concerned with finances thanks to bitcoin. but i do like to look at frugality as a thought experiment and to keep me empathetic to the unbanked population
someone in my locality talked to me about their inability to save money. saying all their money leaves before the end of the month

i asked them to for one month. do their normal activities, but ask for/provide a receipt for everything they buy that month
there were many surprising things i noted when reading their receipts

they bought individual 500ml bottles of pepsi-max for £1.20 each (6litres would be £14.40)
compare that to
18cans of pepsi max(330ml each) £7.50 = (6litres for £7.50)
1.5ltr of pepsimax for £1.20 (6 litres would be £4.80)
yes thats right same retailer sells 500ml bottle for same price as 1.5ltr bottle

making one change in just how the pepsi is contained. can save them 50%-66%+
when it comes to drinks someone can go through 6 litres in less than a week meaning saving £10+ a week
...
heinz baked beans individually £1.45
supermarket ownbrand £0.30-£0.45 can save £1+ per tin by just swapping the brand
(trick is, first time instead of buying one expensive tin. buy 3-5 ownbrands totalling the 1 expensive tin. and then taste preference the one you will only buy next time)

when it comes to tinned food most people use upto 7 tins a week per person per week. so that can be £7 saving a week (per person)

just those 2 products can save £17 a week (£68 a month)

..
too many people do not think that these small £1 premium items mean much to the budget, but it soon adds up

[Negotiation]

i dont need to be personally concerned with finances thanks to bitcoin. but i do like to look at frugality as a thought experiment and to keep me empathetic to the unbanked population
someone in my locality talked to me about their inability to save money. saying all their money leaves before the end of the month

Well,
Although I try to put thought into every step of my life, it often doesn't happen. The biggest event was when I lost my job and then I got completely hooked on bitcointalk and so far bitcointalk is my only income way of worshiping. Now that I have a family and I have a child when I think about not having any money at the end of every month I have to think about what I'm really going to do.

When Bitcointalk signature income is the only asset, I have I don't think it would work but I agree with what you said and it could be a way but I want some Bitcoin for the future. But really I don't know if I can actually save bitcoins or not.

[Winterfrost]

Depending on how low the income is then you can mange it. its not possible to earn $40 a month and expect to manage it you will still borrow some money and be in debt no matter the effort you put. That amount is not able to carter for one person completely rather a family of three and above.

i dont need to be personally concerned with finances thanks to bitcoin. but i do like to look at frugality as a thought experiment and to keep me empathetic to the unbanked population
someone in my locality talked to me about their inability to save money. saying all their money leaves before the end of the month

Well,
Although I try to put thought into every step of my life, it often doesn't happen. The biggest event was when I lost my job and then I got completely hooked on bitcointalk and so far bitcointalk is my only income way of worshiping. Now that I have a family and I have a child when I think about not having any money at the end of every month I have to think about what I'm really going to do.

When Bitcointalk signature income is the only asset, I have I don't think it would work but I agree with what you said and it could be a way but I want some Bitcoin for the future. But really I don't know if I can actually save bitcoins or not.

Bitcointalk shouldn't be the only source of your income. You have to stand and look for something doing since you have a family to look out for. What if you were not accepted in any signature campaign after applying for a long time are you saying your family will go hungry?. It will also be difficult for you to save some Bitcoins in your present condition, when the pay is not enough how do you expect to save from the little you get. The forum isn't a place for live hood living at least as a man you should have a good paying job or a good skill that can fetch you money form time to time even if its a steady job but you cam get some contracts at times.