SALARY IS NOT ENOUGH

[ethereumhunter]

Yes, salary is not enough to cover our daily needs because the daily needs can increase anytime while our salary is rarely to increase depends on the company policies. We must search for other opportunities so we can have additional income that we can use to fills our daily needs and we can save the rest of the money for our future. We can not depends on our salary but if your salary is big enough to cover all of your daily needs and you still have more money in your wallet that will be good. But not many people who will have a big salary because many people still have low salary which will hard to use for their daily needs. That is why we must trying to have more sources of income whether that is additional work or investment so we can have more chances to earn money to fills our daily needs.

[Slow death]

I think that in all countries in the world, there are different levels of employment, so people who are at the top of the ladder will have high salaries that can provide them with a good life, to the point of paying all their bills and still having plenty of money left over to have fun. Now, in the case of people who have a low salary, they need to save up to have a good amount of money to start a business, because to borrow money from banks, they need to meet many requirements. Most of the time, banks do not give loans to people who work in private companies; they give loans to people who work in the government. That is why, in my opinion, a salary is a means of getting money to start a business, and even after having a business, a person should not quit their job.

[Marvelockg]

In conclusion I am of the view that working for an organization for salary which is not up to half of your productivity in the month is like you giving yourself for slavery and to me is one of the ways the modern world as modernized slavery to be.

Working for someone is nothing like modernized slavery. Even if you're self-employed or an entrepreneur, you're still working for someone directly or indirectly. Some jobs pay better than what you might get from starting a business of your own and starting something doesn't come easily on a platter of gold. Even when you have a certain skill set, you will still need to work with someone in some way and will have to be grateful for whatever you're being paid based on mutual agreement.

It's a big problem when everyone wants to start a thing of their own. If everyone does it that way, who will then work for who? at some point, you will still need others to help you do some jobs and if everyone has that kind of mentality that working for others is slavery, I bet you can never grow your company. I know the angle you're coming from is because of the inflation and the bad pay that some companies gives to her staff. It's understandable to think that way, at least that will spur you to think outside the box and not restrict yourself to working in that organization for the rest of your life. It's not every one that can succeed well independent of systems that's already well structured and it's not every one that grows well in an already structured setting. The take is to know what works well for you and stick to it.

[sosruko]

With the economy the way it is, it's getting harder and harder to make ends meet on just a salary. Most people are spending more than they earn, and it's a constant struggle. Relying on a paycheck every month feels like you're trapped, just working to survive instead of living your life.

I think the answer is to be more self-reliant. Instead of waiting for a small paycheck, learn a skill that can bring in money whenever you need it. It's not just about having a job; it's about having options and control over your income.

Working for a salary that doesn't even cover your expenses feels like you're a modern-day slave. It's a system that benefits the company more than it benefits you. We need to find a better way to make a living.

[fuguebtc]

~

I'd say it depends? In our country at least afaik a person can still live with their own monthly salary. Doesn't take into account emergencies for the most part though so I guess that's a minus. It also depends on the level of how a person themselves live? I know quite a few people who always seem to want the latest stuff just to make it look like they're at the "top" of the social caste without being able actually to support themselves lol.

We have to admit that our lives are getting harder and harder, making money is getting harder and harder while the prices of goods are increasing , and that makes us feel suffocated . But you're right , it all depends . If our income is low but we always want to live a rich life then obviously our salary is not enough. But if we know how to balance our salary with our current life,  I believe that even with a low salary,  we can still maintain our life.

I believe that in addition to trying to earn more money, we should have a spending and saving plan . If we don't have a spending plan, no matter how much money we earn ,  we will always feel like it's never enough .

[Kelward]

With the rate at which the prices of goods and services are increasing in most countries due to high inflation, it has become necessary to have more than one source of income. The government of my country has grudgingly increased minimum wage because of our labor union strike. But the increment has not added any value to workers because of the high cost of commodities in the market. The super rich might not be affected but the average and low income earners in these economies needs to find alternative sources of incomes to be able to survive hardships.

I cannot categorize all workers as slaving for their employers, there are top management levels that enjoys special benefits and attractive salaries. Also there are employers that runs their businesses with the interest of the growth of their workers, they'll pay them very well and give them deserved benefits. But I must agree that most employers don't care about the welfare of their workers, they see them as tools to get their work done rather than fellow human beings that needs to excel in life. The bottom line is that anybody that is working for somebody else should not totally depend on what they're getting, they should always have a plan b.

[Oluwa-btc]

With the current economic realities on ground it is suicidal for anyone to still depend on salary for survival as the monthly expenditure of the average individual is far above the monthly income of the ordinary citizen's

Very correct the current rate of increments of things in the country whereas leading to a bad and porous economy has brought about a very needless measures to salary earners and with time it is insufficient to sustain an individual and his family. So your very correct salaries ain't enough, so depending on salaries for whatsoever reason is indeed a suicide mission. Funny how one would be thinking his/her salaries should be enough for their needs and this is a more reason sn individual needs to multitask and earn multiple income to get enough backup in this current country but depending on a salary is a no for me.

[Huppercase]

 With the economic problems of the world we find our self today waiting for a monthly salary is like you shortly your life Spam by two as you will continue to be a slave to your salary and work.
Off recent I have come to the realization that self reliance and acquiring a skill that will fetch you Money at every given point in time is the best and should be encouraged over going to work where you will be paid peanut at the end of the month.
In conclusion I am of the view that working for an organization for salary which is not up to half of your productivity in the month is like you giving yourself for slavery and to me is one of the ways the modern world as modernized slavery to be.

Salary is not enough but we have to a good judgement and address this very well because of people that may think job is not enough to make a living. Your salary is a big factor here, there are people that work there life and put their reputation in their job and their job pays them very well, the money they make is enough to help them establish a business but they don't quit instead they put their money into other investments while maintaining their job.

The place where I think salary is not enough is when you are earning less amount of money and yet you are putting alot of effort to the job like you can't do without the job and the job can't even pay your basic bills. If indeed you're earning huge amount, you may not have time to try other means of making money but you can invest your money, let your money make more money for you, however a low salary earner need to look for other means of making money.

[uswa56]

With the economy the way it is, it's getting harder and harder to make ends meet on just a salary. Most people are spending more than they earn, and it's a constant struggle. Relying on a paycheck every month feels like you're trapped, just working to survive instead of living your life.

I think the answer is to be more self-reliant. Instead of waiting for a small paycheck, learn a skill that can bring in money whenever you need it. It's not just about having a job; it's about having options and control over your income.

Working for a salary that doesn't even cover your expenses feels like you're a modern-day slave. It's a system that benefits the company more than it benefits you. We need to find a better way to make a living.

For now, it is indeed very difficult to be able to meet all the needs we need if we only rely on the salary of the work we do and what you say is very appropriate if we only rely on the salary then whatever desires we have will be very difficult to fulfill because the income we have is only enough to be able to survive.
Choosing to learn skills that can make money is certainly very good, this will really help increase the income we have, of course, it will be able to help us in fulfilling what we want, because if we only rely on the salary we get, of course we will not be able to get what we want, it is important to be able to have a skill that we can master well so that we can have an additional income that we can can cover the shortfall of the salary we get.

[Frankolala]

Working only for the government or a company that doesn't care about if you salary is neeting up with your monthly expenses is rat race and you will end up in poverty. This is why one needs not to depend on one stream of income because the cost of commodities increases due to the passage of time.

It is not a bad idea for you to be set up a business when you are working with the extra funds that you are having from your salary at that time that your salary could afford you monthly expenses, otherwise if inflation hits the country hard, you will be badly affected.

I have a friend, two years back his salary was good and his monthly expenses was 60% of his salary, when I told him to set up a business or invest, he felt unconcerned and told me that he has more than enough and is ok with the funds coming in. Currently, his salary cannot meet up to his family needs and he is leaving on loan. He is regretting his actions because he never wanted to grow from that level he was initially and he forgot that in life, if you are not increasing your income overtime, inflation will reduce your income overtime. You need to think out of the box most time because our government does not care about whatever challenges we are facing but they care more about themselves and their da family and that is why you need to fight your way to success by yourself.

[Farhan99]

Yes, salary is not enough to cover our daily needs because the daily needs can increase anytime while our salary is rarely to increase depends on the company policies. We must search for other opportunities so we can have additional income that we can use to fills our daily needs and we can save the rest of the money for our future. We can not depends on our salary but if your salary is big enough to cover all of your daily needs and you still have more money in your wallet that will be good. But not many people who will have a big salary because many people still have low salary which will hard to use for their daily needs. That is why we must trying to have more sources of income whether that is additional work or investment so we can have more chances to earn money to fills our daily needs.

Your point is true, but what should one do if he has a good account and cannot do any other work. The real reason is that the company gives us a little salary and they take more profit in it they also lose, but they should pay according to the needs of those who work and after some time  Salaries should also be increased. Do mostly for those who have been working with them for a long time and have worked with them honestly. If the work is not completed by the company itself, where will the income come from?  If the company supports these workers, that is enough for them. The salary is so much that the boss has 20 to 25 days to spare and besides that he has to save some money. That is why they are very worried about it and think of getting rid of it to do other work and many people also have children who are still young and cannot work. Our companies should increase the salaries of these workers so that they too can happily run their own homes.

[Oshio-man]

What your salary use to buy before, when the economic was well balanced and still have enough cash to spend in other projects, it will be difficult for you to buy all those things in this current economic because salary still remain the same amount it was before, and the price of things is increasing daily to cause a big hardship in some country. You better apply this dollar cost average (DCA) method on bitcoin or other potential cryptocurrencies investment to have something to boost on in the future because salary is no longer enough for people to make their wants available in the country these days.

[Findingnemo]

So this is the trend, tell someone not to work for salary instead make yourself a employer which is correct but possible in the real world?

How about if they don't survive for the next month, it's not possible to make their dream come true of whatever it is.

Salary is like a cage and anyone who depends on it trapped forever that's why it's important to save a certain part of it instead of spending it entirely and if it's not enough the find a better job or multiple jobs until you have some capital then only you can start business or investment or anything that's gonna make you rich.

[NeuroticFish]

So this is the trend, tell someone not to work for salary instead make yourself a employee which is correct but possible in the real world?

How about if they don't survive for the next month, it's not possible to make their dream come true of whatever it is.

Salary is like a cage and anyone who depends on it trapped forever that's why it's important to save a certain part of it instead of spending it entirely and if it's not enough the find a better job or multiple jobs until you have some capital then only you can start business or investment or anything that's gonna make you rich.

First of all, many seem oblivious to the fact that while for the vast majority the salary is not enough or barely enough, others can live a very good life off it. And of course, everything in between.
This being said, many cannot even save to invest.

This being said, I find very important to get time and learn. Getting better at something can get you better salary, off which maybe you can live better or even save. Of course, even this is not an option in many regions, sadly. But I see so many people waste their time and then complain their money is not enough... it's impressive, in a bad way. I start to feel rather old, I am older than ~75% of my colleagues; the salary is just/barely enough (and I painfully feel the effects of the inflation); but I still take time to learn.

For me this forum was in many cases a great safety belt: it helped me learn of Bitcoin, it was a place to relax while interacting with nice people and it provided some extra money which pays for my loan at the bank. Please don't take this as "if you don't have money, then post at Bitcointalk"; times change and a stable salary is still the norm, while the pay for posts is going down (exactly because more and more people want to post). But learning about Bitcoin is important. Learning about all you can is important. If one wastes his time and also complain he's bored and also that his money is not enough.. then he's doing it wrong.

While it's known that one can break the slavery/salary cycle only when he starts earning even while sleeping, investments are not for everybody. In many countries the wages are just too low. Still I think that learning can make a difference.


PS. If it was not clear, after learning and getting better salary, even the smallest investment in Bitcoin can at least bring hope, if done right (no FOMO, no panic, just calculated and done after learning and research). But most don't do it right.

[Zoomic]

With the current economic realities on ground it is suicidal for anyone to still depend on salary for survival as the monthly expenditure of the average individual is far above the monthly income of the ordinary citizen's
 With the economic problems of the world we find our self today waiting for a monthly salary is like you shortly your life Spam by two as you will continue to be a slave to your salary and work.
Off recent I have come to the realization that self reliance and acquiring a skill that will fetch you Money at every given point in time is the best and should be encouraged over going to work where you will be paid peanut at the end of the month.
In conclusion I am of the view that working for an organization for salary which is not up to half of your productivity in the month is like you giving yourself for slavery and to me is one of the ways the modern world as modernized slavery to be.

It is not everyone who earns salary that is being underpaid or receiving peanuts for the job they do. Some salary earners are actually doing well for themselves, even better than some people with multiple streams of income. No matter how one earns money, if they do not have a good budget, no amount of money will be enough to sustain him. Having multiple streams of Income is not really easy for some people. Anyone who can create multiple streams of income for himself without much stress can go ahead to do it and still live on a good budget so as to create a financial balance for himself. Those who are earning normal income (not high or low) should also live within their means too.

[Tamaj]

Salary is never enough and that's why one should not boost of it by making it as the only income in life. It comes in one day of the month and probably finish that same day. Of the rest days of the month! What would you do to sustain? Beg or fast? Hilarious!!!         
Earn cash every day cos every day needs it drive.

[Roseline492]

With the current economic realities on ground it is suicidal for anyone to still depend on salary for survival as the monthly expenditure of the average individual is far above the monthly income of the ordinary citizen's
 With the economic problems of the world we find our self today waiting for a monthly salary is like you shortly your life Spam by two as you will continue to be a slave to your salary and work.

I no that there are Economic crisis everywhere around the world but let's not generalize it because there are countries there monthly salary is very high for someone to depend on because they made things very affordable for the people because the only reason why it seems that most of the country salary is not enough is the increas of commodities and food items are very high that's why it looks like salary is no longer enough but there are some countries that there Prices of everything remain the same from year to year, so in a situation like that why wouldn't there salary be enough for them?, however I cannot say that focusing on one thing is the best, so even if the salary is okay there is always a need to adding up more things in support to the monthly salary.

[Alone055]

With the current economic realities on ground it is suicidal for anyone to still depend on salary for survival as the monthly expenditure of the average individual is far above the monthly income of the ordinary citizen's
 With the economic problems of the world we find our self today waiting for a monthly salary is like you shortly your life Spam by two as you will continue to be a slave to your salary and work.
Off recent I have come to the realization that self reliance and acquiring a skill that will fetch you Money at every given point in time is the best and should be encouraged over going to work where you will be paid peanut at the end of the month.
In conclusion I am of the view that working for an organization for salary which is not up to half of your productivity in the month is like you giving yourself for slavery and to me is one of the ways the modern world as modernized slavery to be.

Even though you are right, I don't think it's a choice people make but more like a compulsion. Not every person can acquire some skill and start earning money with that skill because it's not as easy as it is when we say it. Who wouldn't want to be their own boss and stop being a slave to a firm or a company for peanuts? People do that because they have no other choice, most of the time.

Some people might be too afraid of changes. They think that if they try to change things, they might lose the position they are currently in and they probably can't afford to do that. They don't have the mental capacity to be able to keep doing what they are doing while also preparing to do something of their own on the side. Hence, they keep grinding on their 9 to 5 jobs and keep pushing their lives ahead without any purpose.

Having a source of income where you work but do it independently, without having to obey orders or being on a constant payroll where you might get pay cuts or even get fired if you aren't working harder and harder after each passing day is everyone's dream, I believe.

[indah rezqi]

Working only for the government or a company that doesn't care about if you salary is neeting up with your monthly expenses is rat race and you will end up in poverty. This is why one needs not to depend on one stream of income because the cost of commodities increases due to the passage of time.

It is not a bad idea for you to be set up a business when you are working with the extra funds that you are having from your salary at that time that your salary could afford you monthly expenses, otherwise if inflation hits the country hard, you will be badly affected.

I have a friend, two years back his salary was good and his monthly expenses was 60% of his salary, when I told him to set up a business or invest, he felt unconcerned and told me that he has more than enough and is ok with the funds coming in. Currently, his salary cannot meet up to his family needs and he is leaving on loan. He is regretting his actions because he never wanted to grow from that level he was initially and he forgot that in life, if you are not increasing your income overtime, inflation will reduce your income overtime. You need to think out of the box most time because our government does not care about whatever challenges we are facing but they care more about themselves and their da family and that is why you need to fight your way to success by yourself.

First, we should not expect the government to come with its assistance, because we are not the only citizens. Second, do not let the government dictate the business we start, when they only care about the taxes we pay. Third, I agree with you that they only care about their own families. Therefore, thinking far ahead, even though we are in a stable financial condition is very important, because this method will save us from poverty. Use the capital we have to do business, or to invest, which in essence can generate income to support the needs of life that are increasing day by day. Keep learning, and use your free time well, we will see a number of business opportunities available around us. Many jobs with monthly salaries are not comparable to the time we exchange for them, because after all they only want profit.

[uneng]

Minimum wage isn't enough, but it's already a beginning. As a young worker, you should draw long term goals for your finances, while decreasing your expenses the maximum as possible on the present moment. It's not what most people want to hear, but I fear that is what people have to do in the present moment if they wish to have a more comfortable and peaceful life in the future.

Avoid wasting money on ephemeral pleasures such as alcohol, parties, drugs and sex. Use your salary to start new investments, including investments on your education and professional career. So futurely you can have access to better paying jobs, instead of sticking yourself to the current job which doesn't pay enough to fulfill your financial expectations.

Moreover, don't wait for the help of third parties, such as governments in order to improve your financial life. Keep in mind you rely only in yourself to make it work!