Big Reasons Why Many Families Are Feeling Extreme Financial Stress - page 4.

rasp

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Quote from: Hydrogen on April 19, 2017, 02:19:47 AM

These types of points relating to state driven policy failure and wealth inequality, regularly fall outside the mainstream media talking points and the degree of knowledge one can obtain by exclusively following mainstream sources.

Every other politician I've seen would have swept these issues under a rug and feigned ignorance until the next recession.

Wealth inequality and feigned ignorance you say..
If only you tried to manage the budget of $200/month per one family you would smother all American politicians with kisses.
Everything is relative. I still believe that even despite the figures you gave American families live better than families in the greatest majority of second-to-third world countries.

bluered

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Quote from: bamboylee on April 19, 2017, 03:26:02 AM

That is in USA. It is worse in my country where employees are underpaid, overworked and inflation on commodities and food are getting higher and higher by day. It is hard to survive even when both parents have jobs.

Yes same here, in our country the prices of products are getting high also the taxes and the salary of the employees are slowly getting high, everything is not balance thats why crisis is happening. And also if the leader of the family dont know how to manage the everyday budget, and even the country leader they must know how to manage the budget of the country and it is also good that he know how the money work.

onemoretime8520

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Lots of politicians before getting their places address this kind of very important topics which affect the majority of the population and are key to a comfortable life, but after they get their places they never look back to the addressed issues and leave them for the next round which will worsen the situtation.

cryptocurrencyguru

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increased inflation and lacks of jobs in market and increase in crude oil prices all these factors are the efforting middle-class person for financial stress

South Park

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Quote from: Baoo on June 10, 2018, 11:45:50 AM

Actually, the psychological problems (the internal conflicts) are the most obstacles that leads to financial stress, and unfortunately, it is widespread in many people or families. Plus, many do not have the determination to overcome the financial crises.
Furthermore, we live in a negative world, because we always read and hear pessimistic and bad news, idea, predciton, and all of this negatively effects on many people especially in terms of psychology.

As a matter of fact, if you want to achieve your goals, then you have to be isoled from this negative world, and try to deed your mind with something useful, and just read and learn, and believe me, Knowledge is potential power. You can overcome any problem, crises, eve the stress. just accept what happen (the truth) and deal with it.

No, the biggest problems are the low salaries and inflation, inflation makes low salaries even worse by allowing the government to steal the purchasing power of everyone, there are many studies that show that even in first world countries most marital problems have to do with money and those problems could be easily solved by 100 to 200 dollars every month.

kidd07

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Quote from: fcf1081 on June 12, 2018, 09:49:30 AM

One major factors that contributes to the families financial stress is poverty...lack financial support, can't hardly study, can't find job due to these condition, lack of family planning, financial mismanagement-all these add stress, difficulties to every member..but if one member can barely know bitcoin and can join bounty and later on earned this is a big help for them

Their are many reasons why many families are suffering from financial stress. I will base my answer to my experience last year of spending more than what I've earn. This not really supposed to happen. Our salary are stagnant and the cost of living keeps on higher. How to survive with that matter? my suggestion is do not buy those unwanted things focus on what is really needed. Save more than you spend, It just a matter of self discipline.

laravuemaster

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Quote from: labs0918 on June 10, 2018, 07:50:24 PM

Many families are extremely stress in their finances because of poor budgeting like spending more than how much they earn and it causes a credit. Then most of family members are unemployed and it causes shortage of allowance. My advice to it is set a budget plan.

In that case they should find another way to earn income, cryptocurrency is the best asset that you can have today in order to have financial freedom and that is the reason why people can live on a very wealthy life if they invest on bitcoins or just work on bounty campaigns here in this forum.

cdoyle14

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nobody knows the price in next month for the goods, and if people are seeing the grows of price for the food and lives they can be disappointed about future. They have money, but did not know what to do with then to have benefit

pernah ada

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if they experience it, because they have no work that ultimately has no income in the family finances. which produces stress in extreme finances.

Godexists

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for me the reason is of lack of education,poverty,unemployed.because of these ,most of the families are in financial stress.because of poverty they lead to a poor salary.and also beneficial factors of this is on how do they budget the money in they everyday life.like there basic need,food,bill and etc in otder for us to live.

fcf1081

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One major factors that contributes to the families financial stress is poverty...lack financial support, can't hardly study, can't find job due to these condition, lack of family planning, financial mismanagement-all these add stress, difficulties to every member..but if one member can barely know bitcoin and can join bounty and later on earned this is a big help for them

jameshowlett

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Quote from: BitcoinCommodor on June 12, 2018, 08:39:04 AM

Quote from: Hazaki on June 09, 2018, 11:32:51 PM

Any family will be enduring extreme financial stress if they start spending more than they are earning , and sadly most of the families around the world aren't wealthy enough or haven't highly payed jobs in order to pay for every necessity + taxes and have some money left for either entertainment or urgent situations . Moreover , the banks have encouraged such actions by making people able to spend a certain amount of money that they don't have and cut it from the next wager , which made people even more into spending especially that we are living in times where advertisement entices us to buy what we don't need by tapping on emotions and making us think that we'll have the best hair or the best skin by buying a certain product , when in reality all similar products with smaller prices will do the same .. Such practices will result in salaries disappearing by the 2nd week of each month hence the stress that everyone will be feeling ..

In my opinion, the most important thing which we all need to do is too manage our earnings in the best possible manner. It is because if you will not do some proper planning regarding where to invest your money and where to not, then you will surely run short of money and that you will spend your money at so many useless places. You need to do the right thing and that think well before spending of money.

It is undeniable that each of us need to have certain plan for our money and consider carefully and wisely before we spend it on something especially something expensive or seemed to be unworthy of buying. We can easily fall for those advertisements and waste money for no reason if we don't think it through. But since prices of things keep growing, it is also essential to have a decent and high-paid job and this is not an easy task for most people. I think bitcoin would be a grand solution since its price has the potential of going up high and somehow solve the unemployment crisis.

charlotte04

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MaoDio

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wages are stagnating, cost of livingin everey single area is rising, nothing gets cheaper ist just the opposite.

For example, where i used to live people earn 980€ minimum wage, average salary is around 1200-1300€, a proper appartment costs 1000€ easily, a appartment ina old buildign in a bad part of the city without social security sbustitution costs 700-800€.

There is juts not much left for food, insurances and what else is necessary for a respectable life above the poverty line.

All of this will escalate and probably end up in a war or social distress.

Sad but worse is, it was all planned.

green547

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The problem is Capitalism, trickle down economics do not work. We are more productive then ever but the majority of wealth goes to those at the top. We need at least a universal basic income which will actually end up costing society less. There will be much less crime, better mental health for everyone, and happier citizens.

BitcoinCommodor

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Quote from: Hazaki on June 09, 2018, 11:32:51 PM

Any family will be enduring extreme financial stress if they start spending more than they are earning , and sadly most of the families around the world aren't wealthy enough or haven't highly payed jobs in order to pay for every necessity + taxes and have some money left for either entertainment or urgent situations . Moreover , the banks have encouraged such actions by making people able to spend a certain amount of money that they don't have and cut it from the next wager , which made people even more into spending especially that we are living in times where advertisement entices us to buy what we don't need by tapping on emotions and making us think that we'll have the best hair or the best skin by buying a certain product , when in reality all similar products with smaller prices will do the same .. Such practices will result in salaries disappearing by the 2nd week of each month hence the stress that everyone will be feeling ..

In my opinion, the most important thing which we all need to do is too manage our earnings in the best possible manner. It is because if you will not do some proper planning regarding where to invest your money and where to not, then you will surely run short of money and that you will spend your money at so many useless places. You need to do the right thing and that think well before spending of money.

labs0918

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Many families are extremely stress in their finances because of poor budgeting like spending more than how much they earn and it causes a credit. Then most of family members are unemployed and it causes shortage of allowance. My advice to it is set a budget plan.

Aizel5months

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Quote from: Bionicgalaxy on April 19, 2017, 02:29:00 AM

Based on my experience that many families are feeling extreme financial stress because nowadays it's hard to find a stable job and a job with a big salary, and it's hard to earn money. Many families have a financial stress because they purchase too much they don't know how to budget their own money that's why it leads to financial stress.

True,i think its also hard to budget if the income was not consistent due to job instability.Having decent jobs nowadays is very hard to find in which salary could be more enough for families needs.One more thing is the inflationary pressure effects of our basic needs in which we can't hardly deny when we were going to grocery store.Our basic needs has a very high price that our salary cannot support.

Pamadar

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Quote from: mindfly09 on June 10, 2018, 12:49:13 PM

Quote from: bering on April 20, 2017, 06:37:57 AM

low income, expensive price for daily needs, the high cost of education because high inflation will always be the main problem for every families in the world including US especially for poor families they always be thinking how to feed their families daily even With uncertain income that's why they will feeling Financial Stress everyday however

I think low income is the main reason, because the expenses that they need are so expensive. This reason are similar in any families around the world. They don't know how to manage their financial, because they don't have enough money to provide their needs, and this is the result they fell this, and i think among people are experience this.

Most I guess, budgeting money which is really not enough for the family is really stressful, whatever you do and even you will find hard work you will still see the difference, earning which isn't enough to your needs is pain in the ass, maybe we are use to it, we can say that it's really happening in every countries where family are dwelling with this situations, but since we are inside this industry we should be better to keep looking for chances to fill this
problem and still enjoy the rest of our life.

mindfly09

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Quote from: bering on April 20, 2017, 06:37:57 AM

low income, expensive price for daily needs, the high cost of education because high inflation will always be the main problem for every families in the world including US especially for poor families they always be thinking how to feed their families daily even With uncertain income that's why they will feeling Financial Stress everyday however

I think low income is the main reason, because the expenses that they need are so expensive. This reason are similar in any families around the world. They don't know how to manage their financial, because they don't have enough money to provide their needs, and this is the result they fell this, and i think among people are experience this.

Topic: Big Reasons Why Many Families Are Feeling Extreme Financial Stress - page 4. (Read 3069 times)