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Topic: Big Reasons Why Many Families Are Feeling Extreme Financial Stress (Read 3088 times)

full member
Activity: 518
Merit: 100
One of the reason why many families are feeling extremely financial stress because of not having enough income , their salary is not enough to feed their family. Another reason is the very high price of commodities. Now adays more families are suffering from poverty, cannot eat three times a day because lack of money to buy it..
member
Activity: 252
Merit: 12
Yep, for a decent number of families with financial problems it's actually not so hard to solve them, but they just don't see all those reasons. People need economical education nowadays.
legendary
Activity: 3122
Merit: 1140
The way of living today is very different and totally different from the way of living before. Today, it is very hard to earn money plus the needs are very expensive. It is also hard to find a stable job. But the worst case is when ypu have a job but you still cant afford all your family needs because the salary is not enough. Who will not become stress to this ?
A very stressing situation specially when you do have your own family and as a father which would really provide the needs of your family then you would do anything.
If your salary isn't enough then you should find another side income at all cost to patch up the needs.It wont really be that easy but a thing should really be done.
Inflation do really affects as the year goes by.
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!


1. Tobacco and smoking products

-Price increase: 90.4%

2. Margarine

-Price increase: 63.6%

3. Uncooked ground beef

-Price increase: 46.3%

4. Shelf stable fish and seafood
-Price increase: 45.0%

5. Prescription drugs
-Price increase: 43.5%

...


Frankly, I was shocked with these figures.
Strange as it may seem, prices go up though it should be on the contrary.
The expenses for production and transportation are constantly declining due to new technologies, recycling and robots - so why should everything be so expensive?

At the same time, interest rates in the US are still rather moderate comparing with other regions of the world. In my country, for example, one would have to pay like 20% yearly for a car credit - that's why not everyone can afford to buy a car.
full member
Activity: 1339
Merit: 157
The way of living today is very different and totally different from the way of living before. Today, it is very hard to earn money plus the needs are very expensive. It is also hard to find a stable job. But the worst case is when ypu have a job but you still cant afford all your family needs because the salary is not enough. Who will not become stress to this ?
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
The major reason is mostly base on unemployment and the low income rate of families this is realy causing financial stress as many family can not afford to get the basic needs of life, Government can step in globally in order to increase employment opportunity and also soften the economy through policies that can make business trive.
newbie
Activity: 3
Merit: 0
The opposite view on the future of electronic money funds comes from the prediction of some experts that bitcoin prices may fluctuate more strongly this year.
Ari Paul, chief investment officer at BlockTower Capital, expects bitcoin prices to fall to $ 4,000 or $ 30,000 in 2018.
One of the reasons experts think that bitcoin price increases are more investors believe that they will make a big profit from the next split. When bitcoin developers decide to implement a system upgrade, investors will receive an equal number of isomers.
It is possible that the predictions of many investors psychological instability and financial stress in the family.
full member
Activity: 518
Merit: 100
The financial crisis is indeed a frightening specter for everyone. Many families are not harmonious because of financial problems. In my view, the financial crisis occurred because of the difficulty of finding work, and the increasingly high cost of living, and the many corrupt government officials. They enrich themselves without thinking that there are still many people starving.

Many jobs and not paid well. Take for instance, India. Some guys are very happy if they manage to earn 3 dollars in a day. These families do not have the Internet and make laundry with their own hands.
full member
Activity: 384
Merit: 100
I think that nobody should ever start a family, for example, have kids without proper preparation.
I would have never made my wife/girlfriend pregnant if I could not find decent, stable job with salary that is able to feed my whole family.

I cant understand people that engage themself into family life, but they are not really ready for that, your source of income needs to cover up all your and your family bills.
Adequate salary is not enough salary to eat, because there must be more money just in case if there is an urgent need such as hospital fees when sick, we must have enough salary for daily needs and also for save or invest
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
I think ultimately we can blame the people in the financial department of the government and the elite who hordes everything from everyone. Consider the recent financial crisis where the mortgages collapsed. The people responsible for that are still out and about and still has their greedy hands of the government and financial sectors.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
I guess one of the reason why families are extremely in financial stress or down or in struggle coping to make the end means in their life.. is because of poverty, lack of education and laziness, they wanted to depend on somebody or blame the government for their situation instead of working so hard and become diligent in their work.
full member
Activity: 476
Merit: 100
Too true, inflation really kills the income of famiies around the world. I think the problem is that there arr way too much families sharing the already finite resources of our world. It doesn't also help that the elite 1% of the 1% of this world are hording all the resources for themselves. I just hope that the future generations won't have it this hard.
member
Activity: 714
Merit: 11
BountyMarketCap
from most families, whether it is me or another family, the problem is that those who transport jobs with their salaries from the company are not balanced with the cost of necessity which continues to increase increasingly expensive. coupled with the trade war between America and China will make the situation worse and have an impact on other countries.
full member
Activity: 644
Merit: 100
I think it's a combination of many factors whyfamilies have financial stress.
Things get more expensive, income gets lower, inflation increases.
But many people are not very competent in how to handle their money as well.
I mean not only in matters of investment, I mean the things they buy which are not necessary.

Personally one of the reason why families our stress when it comes to financial because of the inflation in the market and their income is not enough to the high prices of goods. Even though we are good in handling money still if our income does not enough then we really stress in financial, and now that our salary also did not increase in spite of some price is increasing too.
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
I think one of the reasons why they suffer financial stress is because of the way how they handle their money. They may be overspending more on things that are not really necessary for their family or they spend more than their salaries. I think it's time for them to plan and manage it better and try crypto investment.
full member
Activity: 518
Merit: 100
One of the reason  why many families are feeling extreme finacial stress is low income they have but the price of their commodities is very high. Base on my experience  i am on the situation that my budgeted allowance is not enough because of the very high price of goods. Being resourceful in life may help to overcome that financial stress.
jr. member
Activity: 140
Merit: 1
The financial crisis is indeed a frightening specter for everyone. Many families are not harmonious because of financial problems. In my view, the financial crisis occurred because of the difficulty of finding work, and the increasingly high cost of living, and the many corrupt government officials. They enrich themselves without thinking that there are still many people starving.
newbie
Activity: 126
Merit: 0
We all know for the fact that its all about money so let say if you have a big family and its the funds that you are earning is not enough to support your family the price of all that we are using in our daily basis is already increasing so before you think to have your own family make sure that you have stable job and you are ready financialy,spiritually emotionally
full member
Activity: 462
Merit: 100
Did trump really answered the issue?Or he just addressed it and do nothing as financial crisis now are scattered around the world and not only in America,with all of the decisions he made against other countries i guess he made worst the problem and instead of making solutions he does distractions

He talks alot and thats the problem about he’s presidency,because this is not the right manner handling a super power country in the world
full member
Activity: 434
Merit: 100
Because many families nowadays lack of knowledge in investing, making a good business or creating a good passive income. School system in our society dont teach broad financial literacy they just want us to be a employee of big corporation and work our ass out 9hrs a day. Many people think investing is like a gambling and they also want assurance always when they invest money to a certain things. The purchasing power of fiat money is decreasing when time passed so its better for us to make our money work for us not us working for money.
Exactly, this is what I have been trying to explain to my friends for a long time and yet they do not believe me, the school system is designed to create good employees, but it's not designed to create individuals with independent thoughts, if you take the time to read about the success stories of many businessmen you'll see that many dropped out of school and it's not really surprising because they were not learning anything that it was useful for them.
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