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Author Topic: The economy is not hard  (Read 1729 times)
Sobz (OP)
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November 17, 2024, 10:13:04 AM
 #1

Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
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November 17, 2024, 10:18:27 AM
 #2

People should start their own business and sell whatever they can. Working under somebody else will never get anyone anywhere unless he is the CEO of some big tech company. The economy is indeed not bad because every day people purchase something and somebody else sells it. The problem is, most people don’t know where to start and they don’t have enough initial capital. And when they enough money to start a business they often fail because they lack knowledge. If you are smart and have some money, you can become rich very quickly. Easy peasy lemon squeezy.

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Ziskinberg
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November 17, 2024, 10:21:56 AM
 #3

Buying and selling will always continue .. that’s basic. But in a bad economy with high inflation, the purchasing power of our money drops, and everyone feels the impact. The poor get poorer, and even if you manage to live comfortably, seeing so many people struggle isn’t a sign of a good place to live.

When people are struggling just to meet their daily needs, it creates a ripple effect. The financial struggles often leads to a rise in crime, as people resort to desperate measures just to survive. And that’s not the kind of society anyone wants to live in, right?

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November 17, 2024, 10:28:11 AM
 #4

People should start their own business and sell whatever they can. Working under somebody else will never get anyone anywhere unless he is the CEO of some big tech company.

Exactly, looking at the economy and how people complain about it being hard makes it to be so but then I'll it keeps flourishing cause people tend to purchase their demands and wants and yet complain everywhere is difficult whereas it's not but on the brighter side I agree with you that being your own boss will definitely exempt you from experiencing the hardship of the economy.

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November 17, 2024, 10:45:45 AM
 #5

Just because people still spend their money, it doesn't mean the economy is all right.

It's like saying the economy is fine because Eminem's concert tickets is sold out, not all people have money to go concert, 10K people who bought the tickets doesn't represent of 5 Million people.

Of course there's a way to make money in difficult economy, which is the rich buying real estate in cheap price and sell it when the economy back to normal. Tongue


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Marykeller
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November 17, 2024, 11:19:32 AM
 #6

The concept of buying and selling has existed for quite a long in the world; I don't think it will ever stop, even if the economy seems worse or harder. Human beings will find ways how to readjust themselves to continue their buying and selling because that's the way we tend to survive and save up for the future. It's either someone buying something for present or future use, or they are selling something for present or future gain. Whichever one they choose. It will either be for their gains, for continued survival in the hard economy

kotajikikox
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November 17, 2024, 11:31:36 AM
 #7

But it is indeed really difficult, mate.

I do not think it is wrong to admit both that life in this economy is difficult while also working hard. Both things can coexist. If you think life is easy then you won't be working hard. Those who were able to experience not having money knows just how hard it is to live without money and they will be the ones to persevere the most. While people who never got to experience life at its hardest, they will live under their own bubble and might not even succeed in life because they think life is too easy.

If you think economy today is not bad, then you probably have not been able to go through serious challenges. What you should not do is admit that life is hard then give up. Use this as a motivation to keep going and be able to rise above all the challenges life gives us.

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November 17, 2024, 11:37:19 AM
 #8

Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
You can't blame who is complaining in a bad economy, when your income cannot equal your expenditures, such situations can be very frustrating. Although complaining doesn't make your standards of living to become better, especially where the people in authority doesn't care about the suffering of the masses. What to do is to think outside the box on how to increase your income, perhaps quit your job for a better one, get a second job or Lean a skill that will empower you to earn more. This is the reason why the rate of immigrants from poor countries that are seeking for greener pastures in developed countries are on the increase. Self development is a key factor to escaping harsh economies because complaining alone can not solve your personal problems.

 
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November 17, 2024, 12:40:33 PM
 #9

Let’s face it, the economy will always be hard if you are not good in managing your funds. Regardless of the inflation, if you focus on spending money without good returns, you will be doomed and suffer financial crisis. That’s why investment should always have a vital role in our finances.

Whether it’s big or small, that won’t matter. The important thing is, you are consistent with your plans and stick to your goal. In the end, you will realize that the economy is not totally bad, it’s just those people who are not wise enough in managing their funds end up feeling bad and blame the government for not making some progress.

 
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November 17, 2024, 02:28:40 PM
 #10

It's easier said than done.

A lot of people have never made any kind of investment in their lives which means they can't just start investing with no experience or understanding of different markets and their dynamics. That is actually a recipe for disaster.
The time to learn is when things are normal and people can afford to lose money not at hard times. In fact during "hard times" people get more desperate and are more susceptible to making mistakes.

With that said, if they have no other choice they should try to start very small and learn. First months should not include any major investments. For example if it is bitcoin market, then start with a small amount like a hundred bucks and see how you can make profit. Then after a couple of months increase it.

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November 17, 2024, 03:29:53 PM
 #11

But it is indeed really difficult, mate.

I do not think it is wrong to admit both that life in this economy is difficult while also working hard. Both things can coexist. If you think life is easy then you won't be working hard. Those who were able to experience not having money knows just how hard it is to live without money and they will be the ones to persevere the most. While people who never got to experience life at its hardest, they will live under their own bubble and might not even succeed in life because they think life is too easy.

If you think economy today is not bad, then you probably have not been able to go through serious challenges. What you should not do is admit that life is hard then give up. Use this as a motivation to keep going and be able to rise above all the challenges life gives us.

I agree with you that our life is getting more and more difficult as money depreciates day by day while people's income is only enough to meet basic needs. But I also agree with what OP said, we should stop complaining and instead focus on finding solutions to get out of the problem. Because complaining won't make our lives better, if we want to improve our lives, other than working harder and more, we have almost no better solutions.

Everyone has their own difficulties in life, not just OP, you or me, everyone has their own difficulties so we need to save ourselves because no one can help us if we don't save ourselves.
That's why I don't like people who constantly go on social media complaining about life and waiting for people to sympathize. Will it make our lives better? No, then spend that time saving yourself.

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November 17, 2024, 03:59:19 PM
 #12

~
The point is you encourage people to keep innovating, keep fighting and reduce complaints because that will not improve the situation. Always improvise with modern economic conditions, try to get out challenging yourself from a new zone. But unfortunately, the difficult economic situation makes sales pressure and purchasing power decrease because there is no money to spend. Usually buy more inventory but when the economy is difficult you are required to reduce excessive purchases, finally the purchasing pressure decreases and traders in the market feel the impact of unusual sales of goods.

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November 17, 2024, 04:14:24 PM
 #13

Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.

The stock market goes up, the stock market goes down, but adding slowly and steadily to your investments over time will produce results in the long run. There are always opportunities to take, just don't be too greedy because it can lead to you getting wiped out. Try to have some spare reserves which you can use to buy in the depths of a recession when everything is going super cheap because everyone else has nothing left to spend. The best thing is to stay employed, but you may need to move around jobs if you want to work your way up the salary ladder - companies will often avoid paying their existing staff extra if they can get away with it.

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November 17, 2024, 04:15:41 PM
 #14

This is bullshit. Most times you people say things without being realistic. Life is not an idea, it's a reality. Not everybody can be a business owner, not everybody will be a CEO, not everybody will be a successful freelance.
The economy is hard. I don't know how it is in your country, but in my country, inflation is over 100%. Do you have any idea how difficult it is to live in a country like that? Do you know how difficult it is to start a business in that kind of place? Complaining about the economy doesn't mean you're not working hard. People are working their asses off and they make a lot of money but the inflation is so high that they don't even have enough purchasing power to afford basic things.
Don't come here and tell me the economy is not hard when you live in a different reality from others. Statements like these are just excuses for very horrible governments.


People should start their own business and sell whatever they can. Working under somebody else will never get anyone anywhere unless he is the CEO of some big tech company. The economy is indeed not bad because every day people purchase something and somebody else sells it.

This is a very myopic thing to say because can't you see that people who buy it have to work three times as hard to afford what they used to and the person selling doesn't make as many sales as they used to.
People just say "start a business" like its that easy. What about starting a business makes you people believe its that easy?


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November 17, 2024, 04:18:27 PM
 #15

Complaining will not change the situation and complaining is also useless because it is only temporary and in the end we will continue to walk and face it.
And here we are required to be independent and think smart, try and also work hard because no one will help us and even if there is it will not last long.
Buying and selling will always exist in any situation and it will be useless if we talk in that direction because we will not know the truth. And the best thing is that we must have additional income or create skills that we have to make money, and with that we can slowly make the economy good, and we can even make investments even if only in small amounts.
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November 17, 2024, 04:48:11 PM
 #16

Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
It is unavoidable when people complain about how tough the economy is nowadays. In fact, this isn't the only generation dealt with and talked about it. Every generation seems to be problematic with the economy and only the real wealthy of this world are becoming wealthier because the odds and advantage are with them. They know how to sell what people needs and as you're saying, everyone still spend money regardless of the situation of the economy. They are sellers and we as consumers only buy and they take advantage of that because they know what to sell at these times and that means margin and profit for them.

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November 17, 2024, 06:32:50 PM
 #17

The economy will not be difficult only when everything is normal, but nothing is normal, that is why the life of the common man is becoming more difficult.

However, when inflation occurs in a country, the economy of that country definitely goes for the worse. The state of the economy depends on inflation. When the state of the economy goes for the worse, this effect falls on everyone. ‌Then although the rich can maintain their lifestyle normally, the poor cannot maintain their lifestyle normally, they become poorer and it becomes difficult for them to live. Therefore, the economy goes for the worse only when the inflation of that country increases.

Due to the increase in inflation, people's normal life is hindered. They struggle to meet their biological needs because it becomes very difficult to run their family with the amount of income they earn. For example, A banana could be bought for 5taka earlier, but now it costs 10taka to buy one banana. Here, there is one banana, the price of which has increased by 5taka. Therefore, their struggle is increasing day by day and the economic situation is getting worse.

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November 17, 2024, 09:46:58 PM
 #18

Economy isn't hard while you are young, healthy and full of motivation and excitement to develop yourself, so make sure to use this time of your life in your favour, because once you reach your 30's or 40's you won't be the same anymore. I don't want to discourage anyone from that age, as there is always human potential in every ages, but fact is that it's much easier to do things when you are young.

It's during your early life you will sow the seeds of the fruits you are going to gather on the next decades. So make sure to do it in the present moment diligently aware that you don't have time to waste with worthless and ephemeral things which don't add anything to your existence on long term.

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November 17, 2024, 10:46:18 PM
 #19

You make it sound so easy like you not affected by the economy
Even the wealthiest are affected and could loss everything because of the economy.
The economy gets a point when you holding Fiat and another when there's unemployment.
How can you save little you have when that little is nothing in the eyes of Inflation.
All many do is try to survive and they are there not because it's their fault
But they lack the necessary resources or utilization to turn Threat into opportunities.
Mind you an Opportunity to one
Is a threat to another
Everybody can't win.

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    No @1.15         Yes @6.00    
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mirakal
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November 17, 2024, 11:25:44 PM
 #20

There’s no bad and hard economy for a person who is thriving to secure his financial stability. Even though we wouldn’t jump into seeing progress, but the fact that you set plans and goals to secure your own economy, that’s already a good guarantee that you will boost your economy status until you finally flourish and made a good progress.

Consistency is the key. If you don’t quit easily on whatever financial opportunities that will open for you, you will see positive outcome for your future economy.

.
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