Everything is over priced but people keep spending

[kryptqnick]

The prices and inflation are different in different regions, so not everyone might be able to relate to the op. In my country, the prices changed dramatically (around 1.7x, I'd say) in 2022, and then a little more in 2023. So generally, goods are now worth twice as much as they used to be a little over 2 years ago. But the restaurant prices changed accordingly, so cooking at home is still way less expensive than eating out. In my country, a lot of people actually can't afford all these things and poverty grew significantly, but since the reason of the price changes is much bigger than the price changes (the reason is war), people naturally don't complain much.

[Dzwaafu11]

Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

Even if they complain, they don't have a solution to it, so it is better if they work hard and get what they want. If not, it is easy for everyone out there to look for a way to meet their needs. Although I don't know if in your side it food is only that costs, in my side everything has doubled in price, but I can say all this is because of inflation. Everything is expensive. Since these two things are done when you are financially okay and since people are looking for ways to eat their daily food, you can see that they won't think of investing or saving money. 

[batang_bitcoin]

We're all living to survive and if there are people that have been spending and not thinking about tomorrow because they are right, no one really knows what tomorrow will be. As much as we want to have some decent meal that's going to satisfy us and it's like a reward to ourselves, there are times that we can't do it anymore because we feel that we're cheated by the inflation and while wages don't increase a lot, it's being beaten it and all we have to do is to tighten our pockets. 

[Faisal2202]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

I don't agree with the fact that we can spend the same amount on meals at home that we spend at restaurants. Because making things at home is mostly in bulk quantity and we know that things made in bulk are always cheap in compared to the ones we eat in restaurants. I don't know where do you live and what are the economical situation in your country but IMO that's not right to say. Besides that, I do agree with the fact that things are expensive nowadays.

Let me share a story with you, once I was buying vegetables from a shop, and some other stuff for dinner, and there was an old man standing there and started to say, you are spending a lot of money on this stuff and without any hesitation. I then thought two things first, if I wouldn't spend the money then how I am supposed to make dinner, second I thought for that old man the money might be a big amount because they have seen a time where they buy more with less money and now the same amount of money is being spend for lesser things. So when this happens in front of them it gives them flashbacks. So I ignored his statement at the moment as nothing can be done, if prices are high then salaries  as well. Please note that I am talking about the salaries not the value of money we are earning.

[letteredhub]

. An average man has to just eat, pay bills, and survive.

If at this height of economic hardship with a sustainable inflation rise and a laying-off of workers by some companies resulting to many employed, and in all of this happening right now in the world and you're lucky to find yourself in a position you're able to fend for your family, pay bills and surviving it all then you should not think you are not rich. Being rich isn't just about owning multibillion properties and investments, being rich should be a subjected issue to the individual. As there are still people that have what you may call wealth to you but for then they still feel poor.

[el kaka22]

The thing about high inflation is that, you are going to be able to afford something in the future that you can't afford right now, but if you wait then you can't. What I mean is that, lets assume that there is a thing that costs 100 dollars, and your salary is 1000 dollars, but you do not want to spend it because it is 10% of your salary and you will not be able to pay it.

What you do is, you make 100 dollars debt, and in 1 year the thing that you wanted to buy becomes 200 dollars, and your salary becomes 2000 dollars. Now, if you didn't buy it, it is still 10% of your salary, but if you did then it is 5% of your current salary, your debt will be paid. So people buy things with todays price, to pay for it with tomorrows salary.

[Fortify]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

I definitely agree that some people are willing to pay far too much for stuff these days, it often seems to be driven either by laziness or lack of shopping around. However you can turn this to your advantage with just a little bit of research and investment, instead of getting angry at how society works - just start harnessing it instead to your advantage. Seek out the shops and retail locations that you think will perform best in this environment, look for value in erratic markets for a chance to beat this race. You need to accept that many people will stay in the "rat race" their whole lives, just running on a treadmill and living a bit of a miserable existence in some ways. Others will seek to capitalize and squeeze out the highest potential from every situation presented to them, try to find a balance in the middle.

[Synchronice]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

Overall, there is an ongoing economic development every year and despite the fact that there is an inflation and prices are going up, the salaries of many people is going up too, so, technically there is no difference between $2 brurger when your salary is $2000 and $4 burger when you earn $4000. But for many people, life is getting hard and expensive, that's fact. By the way, make no mistake, slavery isn't gone, it just improved and become a little comfortable. Many people all around the work live to work. The only escape probably seems to always use best chances. You have to be super lucky to catch coins like Matic, BNB and Solana. These are new coins, anyone that invested in these coins in 2020, can now sit on Ibiza and relax. This kind of investment seems the only way to escape 9-5 routine.

[Coyster]

I completely understand everything, things are going from bad to worse in my own country, cost of living is skyrocketing whilst salaries and wages stay the same, a great percentage of people are basically living from paycheck to paycheck, with no sort of savings at all. Inflation is a real global problem right now, and it is worse in third world countries. The poor is getting poorer, and if the gap between the haves and the have nots continues to widen, then there is serious problem/crisis looming.

Having said that, to survive this harsh reality, people must seek extra sources of income, depending on one alone is no longer possible as things stand. Learning profitable skills is also advisable.

[bitzizzix]

There is no need to worry, even though all prices are rising, they can still live, eat and buy their own way because in conditions like that we are required to be independent in everything.
Those who usually buy at fast food or restaurants are now switching to buying their own ingredients and cooking themselves because it is cheaper and more economical. And there are also those who in the end inevitably have to have a side job or additional income, so that their needs and habits can still be met.
Complaining will not be able to solve the problem of the situation, because everyone feels the same way and we have to be independent and think smartly in dealing with it and we also have to be able to manage our finances wisely.

[Adbitco]

I believe life is planning and money is planning as well before you become somebody today you must start from somewhere and everyone must not be equal in life, meaning there are people who still afford such meal but that doesn't mean they are extremely poor but they are working hard to make sure they survive while those who are rich are getting richer due to their life planning. What I understand from people of nowadays is that they don't plan life before enjoying life rather they enjoy life before planning life that is why we find ourselves into several wants where we can't afford to foot all things by ourselves. It's of a truth that price of food stuff is hecking on a daily basis and even the poor can't afford to have three square meal per day so most of them goes for only one square meal per day.

[KingsDen]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

I had thought that it is only in my country that things went out of shape. It is so bad that people who could survive and also accomplish projects can no longer afford food. In my country, the prices of things has gone x5 within the space of 1 month. Many people can no longer afford eating in nice restaurants, whereas those restaurants are still filled by people.

This is the right time to plan very well and have multiple jobs doing to have multiple streams of income. The inflation seems global but the suffering is more in corrupt countries.

[maknyos]

I believe life is planning and money is planning as well before you become somebody today you must start from somewhere and everyone must not be equal in life, meaning there are people who still afford such meal but that doesn't mean they are extremely poor but they are working hard to make sure they survive while those who are rich are getting richer due to their life planning. What I understand from people of nowadays is that they don't plan life before enjoying life rather they enjoy life before planning life that is why we find ourselves into several wants where we can't afford to foot all things by ourselves. It's of a truth that price of food stuff is hecking on a daily basis and even the poor can't afford to have three square meal per day so most of them goes for only one square meal per day.

We are grateful that we can eat three times a day or twice a day. Not everyone is lucky in mastering certain skills, this can be due to limited education, so it is very difficult to find work due to lack of skills, we often encounter such difficulties in society. For those who have sufficient or stable income, it is very important to manage their expenses well, a kind of long-term financial planning. Like setting aside a certain amount of income for old age, it is not good to spend all your income on temporary pleasures, such as traveling, luxurious meals and so on.

[hatshepsut93]

Funny enough people still afford all these things without complaining.

Because salaries also go up. In the developed world most people don't have to spend all their income on basic necessities.

It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

This isn't true for countries that are considered rich. Their citizens spend less than 10% of their income on food, while people from the truly poor country could spend even 50% of their income on food or more.

[harapan]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

The cost of living is incredibly trying to kill the living and we are all living in this irony of insecurity.Its so scary and depressing to wake up every morning with the feeling that ones life in invariably no more guaranteed confidently.

I always tell people that even with the current difficulty and hardship in nations presently,people will always look for ways to cope and cater for themselves.I honestly don't know how they do it,but its so encouraging and mindblowing to discover how people are still able to survive this precarious challenge.

Even with the inflation of prices and goods,salaries also go up.Like some companies have engaged in an increment in their employees salaries and wages,but even with the sudden increments of payments,it still seems difficult for people to live up and meet up to thier desired living standards.

Its disheartening to find out that there won't be any improvement sooner or later.The life is all about planning,and those who have chosen to make efforts to eradicate and get rid of the difficulty they wish not to experience are the ones to survive.

[poodle63]

thats the harsh truth but what can we do we got our purchasing power plummeted everyday due to inflation but nothing we can do at all except strive to get better career and salary.
the only way to counter this is just investing the circulation of money is so good with investment in general nowaday people are making money off investing where people that saving money got their
money losing value overtime, I think eventually it will become a problem when the purchasing power finally meeting a road block then it will become problematic.
the only way for us though as an individual is just to put all them money into investment, the risk depends on your toleration, not doing so will mean we are not generating wealth like as you said
the rich people are making money the poor people aren't therefore you need to find a way yourself to go against that game otherwise you will never be able to afford housing as well as other basic thing that a normal people should be able to afford back then.

[arjunmujay]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

The cost of living is incredibly trying to kill the living and we are all living in this irony of insecurity.Its so scary and depressing to wake up every morning with the feeling that ones life in invariably no more guaranteed confidently.

I always tell people that even with the current difficulty and hardship in nations presently,people will always look for ways to cope and cater for themselves.I honestly don't know how they do it,but its so encouraging and mindblowing to discover how people are still able to survive this precarious challenge.

Even with the inflation of prices and goods,salaries also go up.Like some companies have engaged in an increment in their employees salaries and wages,but even with the sudden increments of payments,it still seems difficult for people to live up and meet up to thier desired living standards.

Its disheartening to find out that there won't be any improvement sooner or later.The life is all about planning,and those who have chosen to make efforts to eradicate and get rid of the difficulty they wish not to experience are the ones to survive.

Do you still remember yesterday's coronavirus pandemic? Indeed, at that time the price of basic commodities did not increase, but people's purchasing power decreased due to limited movement.

Many companies even lay off employees to maintain company stability. and what about the people affected, there will definitely be economic difficulties because they have been laid off from their jobs.

but miraculously, they were still able to survive in such difficult conditions. So I think the government must also contribute again to overcome the increase in basic prices, so that it doesn't become something terrible, inflation and poverty rates will continue to grow.

[Strongkored]

The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

Because food is the main need, so over-priced will not prevent people from continuing to buy it, if their income does not increase, all they will do is reduce other costs, but food will still be the main thing, so it will not reduce consumption.
In fact, you can see that many luxury goods are still being sold because they have the money to buy them, even though they are not a main need but will be the main thing for many rich people, as well as food for everyone.
Indeed, with conditions like today, it is increasingly difficult to save and invest. Having access to additional income is the solution, but unfortunately many countries are actually experiencing an increase in the number of unemployed.

[retreat]

No matter how expensive the food is, people will still buy it, even though in their hearts they are annoyed and protest that why the price of the food is too expensive, but people have no choice but to buy it, because their stomachs cannot be filled with stones or pebbles. But if it's not too important, you can reduce your food portions and buy food that has been discounted beforehand. That should be able to reduce the burden a little from food prices which are currently increasingly unreasonable.

[Plaguedeath]

Do you still remember yesterday's coronavirus pandemic? Indeed, at that time the price of basic commodities did not increase, but people's purchasing power decreased due to limited movement.

Many companies even lay off employees to maintain company stability. and what about the people affected, there will definitely be economic difficulties because they have been laid off from their jobs.

but miraculously, they were still able to survive in such difficult conditions. So I think the government must also contribute again to overcome the increase in basic prices, so that it doesn't become something terrible, inflation and poverty rates will continue to grow.

At that time we can't go anywhere, the entertainment we get only playing games, watching movies and video call. But after the world transitioning from pandemic to new normal, we can go anywhere, many places are opened and there are many entertainment we can get. People like to spend to buy branded cloth and expensive things, this give pressure to unfortunate people to buy it too.

So they over spend their money just to the trends, right now fashion is really booming. That's why we suffer economy difficulty and many people don't have money to buy foods.