Going bankrupt while working

[UTON Blockchain]

This is just the surface issue, but the ensuing chain reaction will lead to a continuous decline in marriage and birth rates. Soon, a labor shortage will become a major problem, forcing countries to bring in immigrants to fill the gaps, further exacerbating social tensions. We can see these problems emerging, but how to improve workers' well-being remains a difficult challenge. However, sooner or later, every country will have to confront this issue.

[Webetcoins]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

The working man should not give up whatsoever. The system they said was designed to make us poor but a busy man will never fail to the system despite the challenges. The economy is not really getting better and those that are even in the government suffer it the most because of their full dependency on salary only. Having multiple streams of income is the best and for salary earners, it is usually not juicy for them all the time after been promised cloud by the governments system. Salaries are no more increased in the same proportion as the level of economical change in the society, so it makes life’s more harder for them the insider than it should for them the outsiders. 

Giving advice without having information about person is always easiest thing because we never know about facts and person who is asking with he also needed to give better view because then we can suggest better things for him or someone can understand better we have too many different things around due to geopolitical conditions we can give better view about ourselves because we understand things better around us here in our country now life is getting worst as peoples are committing suicide they are not able to have things which were easy for them sometime back.

Taking loan is easy but paying through interest and having expectations from others always give setbacks but if we are able to have manage things from early times then surely this can give some relief which is also important but still bankruptcy during work always hanging around.

[EarnOnVictor]

-snip-
So I ask you, what do you think should change for the working man to be in a better spot among all this?

You sound scary with this economic disposition, perhaps we should at times not use our country to judge the entire situation of the world. The world can never be the same, so let's assume that the condition you depict is for a terrible economy.

In this situation, everyone should look beyond the bracket, you do not sit comfortably with your 9-5 job, you need to find extra means of income to improve your situation. And even if you are self-employed, your bills, savings and investment balance should determine if you will be comfortable in the situation you are in or not. This works better for people than complaining about the situation.

[fullhdpixel]

There's no option, all you need is thinking how to make money in every possible way.

This including illegal, dirty, sins or no moral jobs, fuck off with people who said to avoid working at such jobs, they don't understand how the reality only respect to people with money.

However, make sure you not pick the high risk jobs like becoming drug dealers or something that lead you to be in jail. Being jailed is really not worth it if the reward you get is smaller than getting jailed.

Well illegal and immoral are different things. I understand doing a job someone would consider unethical or immoral, those are understandable, for a vegan, working as a butcher means you are doing something unethical and immoral, but that makes no sense to me and I would do that job easily, ethics is not really a single thing, depends on the person and each person have a different one so I would say unethical is questionable depending on the job.

Or even onlyfans models, these days there are many men who hate onlyfans models, the reasons could change, but they do hate it, that's the important part, but I am not against anyone becoming an onlyfans model at all, I am fine with that without a doubt.

However, illegal is a different branch, I am not fine with anyone becoming a drug dealer, not an illegal one at least, there are dispensaries so that's fine and a legal job, but no illegal job should be done, there are laws because of a reason and if we all start to ignore them, things could get ugly very quickly.

[Dr.Bitcoin_Strange]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

Well, there's nothing that the common man can do if not to lower his expenses and spend in accordance to how he is earning, also look for other side hustle or extra job that will fetch extra income. Those are the possible solutions but when you look at the problem, it's not something you can fight, even if you fight it, you can not win because even the government seem not to be helping the rate at which inflation continues to grow year after year and salary is not being increased to benefit workers, neither is the value of money the same as the olden days. So, the only thing a man can do to help himself is to look at the two solutions which I already mentioned above and perhaps if you can save up to invest in an asset which you know the value will also increase overtime.

[SamReomo]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

Working men can't do anything in this regard, only a government of a country can do something to make lives of the working men easier. The government should do something to stop inflation and when that's stopped the rates of things will go down and that will lead to much enjoyable lives for the working men.

The ones who are working as government servants in many countries are still okay as they earn enough wage to fulfill at least basic needs of their family, but the ones who're doing day jobs are the ones mostly affected by the impact of inflation. I think it depends more on government than on individuals, because if you see lives of the ones in UAE, and then you see lives of the ones in Poor African nations, then you'll understand  that how a good government can make lives of its citizens much easier and happier.

[Questat]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

Well, there's nothing that the common man can do if not to lower his expenses and spend in accordance to how he is earning, also look for other side hustle or extra job that will fetch extra income. Those are the possible solutions but when you look at the problem, it's not something you can fight, even if you fight it, you can not win because even the government seem not to be helping the rate at which inflation continues to grow year after year and salary is not being increased to benefit workers, neither is the value of money the same as the olden days. So, the only thing a man can do to help himself is to look at the two solutions which I already mentioned above and perhaps if you can save up to invest in an asset which you know the value will also increase overtime.

You're right, I think these are the best ways for now any man that is struggling to survive should resort doing. Don't just rely on your job, but add another source of income that will help you increase your flow of income. And when you have saved already, use it for a small business or investment that you think has great potentials for a bigger returns. Take the step one at a time. Soon you will achieve financial stability if you made your investment successful and profitable, patience and hard work would bring you there.

[Sandra_hakeem]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

Well, there's nothing that the common man can do if not to lower his expenses and spend in accordance to how he is earning, also look for other side hustle or extra job that will fetch extra income. Those are the possible solutions but when you look at the problem, it's not something you can fight, even if you fight it, you can not win because even the government seem not to be helping the rate at which inflation continues to grow year after year and salary is not being increased to benefit workers, neither is the value of money the same as the olden days. So, the only thing a man can do to help himself is to look at the two solutions which I already mentioned above and perhaps if you can save up to invest in an asset which you know the value will also increase overtime.

The nature of the side hustle matters alot. There are side hustles that might still keep the hustler in an every cycling process. A skill well monetized can be a better option. The goal is a process that will yield good fruit irresistible of the time and season. In today's world we have lots of skills to pick from.

Investment is very important mate but this will require sacrifice. Most rich people we envy around us made risky sacrifices to get to where they are today. Some might tell stories of how the started just to invest. Others how the deprived themselves luxury just to secure a better life. Life is risky and only those who embrace risk stands out

[passwordnow]

I think it's still being wise in handling finances and being an investor. Look at the rich did, they're all hard workers and majority of them came from the first generation of wealth. They did the hard work for what they have now and they all have the same thing in common, and that's most of them are investors. So, a commoner like me needs to be better at handling finances and at the same time, keeps trying the best fit investment that I can have for which, I've found it with Bitcoin but that doesn't end there because I am still continuing finding one.

Not all rich people come from the same category even though people today say investors have a much greater chance of determining success.
We can determine financial problems based on our respective abilities in handling them and if bitcoin is one way that can be utilized then do it according to the category we have.
Most people fail to achieve financial freedom because they do not understand the pattern and instead they only see the process that people do to succeed.

But if someone does not learn to go through the process then it is difficult to achieve success in investment or even business.
I also see potential in bitcoin but it requires knowledge and responsibility in handling it so that we can further control the risk.

That's the misconception of what people see with the rich nowadays. They think that they all come from money and rich family history, well, some of them are but the majority of them are really first wealth generators and they're able to do it at their times and grit that they've done. That's why if someone keeps on looking at the advantage that the wealthy has, they'll never move on. And to those that don't want to learn and don't want the normal process, they'll be the ones that will have harder time in dealing with investments. Because the most important thing in doing these is being patient and open to long suffering and delayed gratification.

[icalical]

Everything's just much more expensive, while people's salary don't actually change that much. Rent is through the roof, food is over budget, even small treats well and truly out of the question, it would seem. Whereas two incomes used to buy comfort, nowadays it barely cover basic needs, let alone being able to save. Either way, government should do something, either higher minimum wages keeping pace with inflation or better policies in terms of affordable housing and other key commodities. I would like to enjoy my life rather than just survive.

[ancafe]

The economy has recovered since COVID and kept doing ok, but the large numbers don't represent more individuals.
The salary has not gone up as much as the costs. Life is too hard now and even with two income earners in a household, expenses are so much you have to give out all your money to pay stuff without being able to save much if at all.

Covid has indeed killed all sources of income for the poor and Covid has also created new problems at a time when the economy is unstable after recovery and this has had an impact on all people in the world. Many people have lost their jobs and many small industries have started to close their businesses because they are unable to continue production, this shows how the disease has hit all sectors worse.

The price of goods that continues to rise has a very significant effect, besides salaries not increasing and many people still haven't found work after Covid is over. Needs are increasing and we are required to meet them, but the opportunities available do not provide opportunities for anyone.

[shield132]

The feeling a worker gets is increasingly being driven out of everything.
You can't buy the food you like, you can't spend on going out, you can't go on trips.
You can't rent in the neighborhood you grew up in etc...

The economy has recovered since COVID and kept doing ok, but the large numbers don't represent more individuals.
The salary has not gone up as much as the costs. Life is too hard now and even with two income earners in a household, expenses are so much you have to give out all your money to pay stuff without being able to save much if at all.

A larger percentage of the the population is unable to save anything now than pretty much anytime before in recent decades.


So I ask you, what do you think should change for the working man to be in a better spot among all this?

In this case, the maximum that a worker man can do is to sell everything they have and migrate to a new country where salaries are good and it's possible to take care of yourself and your family. Or if you have a son or daughter who is a talented athlete, musician or any other thing and it's clear that he/she will have a good career, then it's better to try your best to avoid everything good and only work for your son/daughter with the hope of having a better future.


There isn't much that man can do when salaries are so low in their country. I'm from such a country and that is the reason why we have more than a million emigrants. Some of them collect money while working abroad and then come here to start a business or buy real estate.

[iv4n]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

As I always say, the whole system is rotten and needs to change. But in order to do that, most people in this world have to wake up... and I don't see that happening anytime soon. Too much hatred and misunderstanding between people only makes things worse, all these wars around us, even more weapons are made and bought, where does it lead?

Unfortunately, we all manage in this world and system as best we know how, with someone's help if we are lucky or completely alone. And someone manages and finds a good place under the sun, but in this system, it is impossible for all of us to live nice and normal lives.

[MArsland]

The feeling a worker gets is increasingly being driven out of everything.
You can't buy the food you like, you can't spend on going out, you can't go on trips.
You can't rent in the neighborhood you grew up in etc...

The economy has recovered since COVID and kept doing ok, but the large numbers don't represent more individuals.
The salary has not gone up as much as the costs. Life is too hard now and even with two income earners in a household, expenses are so much you have to give out all your money to pay stuff without being able to save much if at all.

A larger percentage of the the population is unable to save anything now than pretty much anytime before in recent decades.


So I ask you, what do you think should change for the working man to be in a better spot among all this?

Maybe after Covid it looks better but believe me it's not as you see. You have so many economic sectors dead after Covid and neglected, you have debts that continue to pile up and income does not increase, job opportunities still have no change, the welfare of the lower classes is still in a gray area, crimes are still increasing every year and all of that indicates that Covid has left many wounds. Grocery stores in the market are deserted and closed down due to the entry of foreign markets that demand unhealthy competition in the online market and the peak of inflation until now in several countries cannot be overcome after Covid.

[YOSHIE]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

Life and the economy are two things for the sustainability of human life, basically if you look at the price of goods and the current economy/salary it is said to be insufficient, especially living on the Asian continent, that is general and average, except Europe, Thus, we see a lot of people who have a steady salary opening side businesses to cover their living expenses.

My assessment of the current situation is that it can be said to be a bit challenging for household needs, there are good side opportunities to do such as trading either online or offline, this can be done according to the skills you have or agricultural business ventures also have a good opportunity to boost the economy as a whole, such as palm oil plantations, cocoa, cloves and so on, I see what they do can raise their economy from poverty to riches.

[TheUltraElite]

I dont see any solution to this problem right away. But the end of the grind, we might see things getting better and costs reducing, though that is a remote possibility. The average working man must accept that they need to ride up the corporate ladder and get a better paying position or get a new job. Certain businesses are also happening, identify the problem and attempt to correct it and you have a working money maker in front of you.

You have to be flexible when it comes to job or businesses. Being the problem solver is not everyone's cup of tea.

[CageMabok]

This is just the surface issue, but the ensuing chain reaction will lead to a continuous decline in marriage and birth rates. Soon, a labor shortage will become a major problem, forcing countries to bring in immigrants to fill the gaps, further exacerbating social tensions. We can see these problems emerging, but how to improve workers' well-being remains a difficult challenge. However, sooner or later, every country will have to confront this issue.

The problem is that when all countries have experienced labor shortages due to declining marriage and birth rates, where can each country bring in immigrants to become their workforce, which basically all countries will definitely feel the same when this condition can occur in a chain throughout the world. So I am a bit confused when you say about bringing in immigrants when you also say that every country will experience the same thing in such bad conditions. Because when all countries have experienced labor shortages, countries with large populations will definitely value their own citizens more than making them immigrants for other countries.

[Dr.Bitcoin_Strange]

So I ask you, what do you think should change for the working man to be in a better spot among all this?

Well, there's nothing that the common man can do if not to lower his expenses and spend in accordance to how he is earning, also look for other side hustle or extra job that will fetch extra income. Those are the possible solutions but when you look at the problem, it's not something you can fight, even if you fight it, you can not win because even the government seem not to be helping the rate at which inflation continues to grow year after year and salary is not being increased to benefit workers, neither is the value of money the same as the olden days. So, the only thing a man can do to help himself is to look at the two solutions which I already mentioned above and perhaps if you can save up to invest in an asset which you know the value will also increase overtime.

The nature of the side hustle matters alot. There are side hustles that might still keep the hustler in an every cycling process. A skill well monetized can be a better option. The goal is a process that will yield good fruit irresistible of the time and season. In today's world we have lots of skills to pick from.

Investment is very important mate but this will require sacrifice. Most rich people we envy around us made risky sacrifices to get to where they are today. Some might tell stories of how the started just to invest. Others how the deprived themselves luxury just to secure a better life. Life is risky and only those who embrace risk stands out

Like I said, the person could get an extra job or a side hustle and skill could be side hustle. Side hustle is not limited to one thing. If one has a skill in trading, online marketing, programing and perhaps they also have a real job, they can still be doing their original job and yet working on their skill job during their leisure.

I know that being successful takes a lot of effort and those rich and successful people in the society today did not just become what they are in one day but anyone that has the determination can also succeed and live a better life .

[Rabata]

The way people's expenses are constantly increasing has made it more difficult to manage their lives. Agree that even after more than one member of a family works, they are not able to live comfortably. They do not get the quality of food they need. They cannot travel even if they want to. The biggest thing is that they are not able to increase their income despite trying. It is not possible to fulfill some of the demands of life by depending only on salary.

A person must find additional income along with his work to meet his expenses according to his needs. During Covid 19, many people lost their jobs and many did not get proper salaries. In such a situation, if a person does some extra work and earns a little more than the normal income of the family, then a person can cope with his adverse situation to some extent.

[Alone055]

Everything's just much more expensive, while people's salary don't actually change that much. Rent is through the roof, food is over budget, even small treats well and truly out of the question, it would seem. Whereas two incomes used to buy comfort, nowadays it barely cover basic needs, let alone being able to save. Either way, government should do something, either higher minimum wages keeping pace with inflation or better policies in terms of affordable housing and other key commodities. I would like to enjoy my life rather than just survive.

Expecting improvement from the government is as foolish as expecting help from a stranger when you are in a difficult situation. Some strangers might even give you a helping hand out of generosity, but the government of a country where inflation keeps going higher wouldn't do anything because they don't care about the citizens. They have their needs fulfilled, and they keep filling their pockets with tax money and building their empires and businesses with it, but they won't spend it all on the country to better the economy.

I live in a country like that, where inflation keeps going higher. All the government officials care about are their foreign trips and getting their treatments done in foreign countries because they believe our country doesn't have enough facilities. Instead of spending the money on creating better hospitals and creating more facilities, they prefer treating themselves with it.

So, we shouldn't expect much from the government. We should do everything on our own, find sources of income that we know can make us enough money to find against the inflation.