While growing up our parents make it ring into our heads that money doesn't grow on trees. Definitely they are right, that's why it's vital to handle our money responsibly. But still in this part of the country cost of living its so high that the poor and average masses are working tirelessly to keep balance.
some are working longer hours to make ends meet, while some have less time to spend with their family, and when prices increases rapidly, we may not hardly notice, especially if salaries are not keeping pace. However, when prices shoot up and wages stay the same. We can become anxious and stressed particularly when if we have family to care for and compounding bills that you can hardly create room for a penny to go into bitcoin investment or diversify portfolio, and right now the price of things are getting more higher breaking the law of physics because they never coming down.
And so many of us tends to engage in different jobs just to meet up and at the end of the day you don't have time for your self or for your family or for health issues that may occur. And it's so overwhelming that one can be anxious and as a result loose his or her mental state.
How do you handle this⁸ kind of situation? Please I need suggestions.
This has risen concern in the country because the prices and cost of goods and services keeps increasing everyday and even when the price of fuel is constant the cost of living is still skyrocketing and the poor masses finds it difficult to survive, imagine a family Man with four children and a wife earning a salary of 70,000 and house rent is about 300,000 naira for a self-contained, how will he cope with that and we haven't talked about the children's school fees so no matter how he works hard, it becomes very difficult for him to cope because the cost of living is high and what he earns is small.
The only way to meet up the cost of living in Nigeria now is to have multiple streams of income or other businesses that generates money in that way one can be able to survive the high cost of living, one bad aspect of the prices of goods in Nigeria is that, once it goes up the traders never brings the prices down even when the price of petrol drops. So at this point all we need do is to invest in what will yield money on daily basis in other to pay our bills and survive.
