Topic: Everything is over priced but people keep spending - page 6. (Read 1816 times)
Despite increasing prices people continue to spend. Inflation erodes the purchasing power of money making it necessary for individuals to spend more to maintain their standard of living. I guess societal & peer pressure as well as psychological factors like the fear of missing out drive people to spend. There is easy access to credit & the desire for instant gratification contribute to increased spending. People may also prioritise certain expenses such as basic necessities or personal preferences which leads to continued spending despite rising prices.
I believe this is exact definition of inflationary corruption of society. Everyone knows prices are increasing but everyone also knows money they own now is more valuable than money of tomorrow. This causes people to spend their money on many different kinds of markets, so they will be avoiding becoming poorer over time. This is net negative for society, sure, but most individuals don't know how to properly invest their money anyways. Best thing they know is to spend.
People won’t live and survive if they never spend and buy their necessities in life. So that’s already given. However, if you only focus on spending and only earn from a single source of income, you will certainly become poorer and poorer in the process. That’s why taking investment is highly introduced and encouraged. That way, even if your expenses are high since the prices of basic commodities are also highly increasing, your investment profits will also be a lot of help to you to combat your financial problems. There are quite a lot of things that must be fulfilled, needs and desires and currently when the price of necessities is increasing, we have no other choice, anything will be done to be able to fulfill them all.
That absolutely true, we can't just stick to one income, we have to look for other sources of income that can support our needs. By having several sources of income, We can get through the phase where the prices of all basic necessities rise due to Inflation. I think there's no harm in trying to learn new skills in addition to your main skills, using your free time to learn these new skills can provide opportunities to increase your income. If there is one source of income, it is also very difficult to divide it into several parts, including if we have the desire to invest.
We have to look for other alternative income to increase monthly income, this economic condition is getting worse due to the impact of global inflation so that our income is getting lower because all basic needs for monthly needs are not met, the government must look for alternatives to deal with this problem to increase income for their communities, they must provide cheap alternative markets for basic needs from local producers rather than increasing imports which are detrimental to all communities.The impact of inflation can be handled in agricultural countries because they have food for all basic needs without expecting imports from other countries. One hope of the people is that they want to have leaders who are competent and have integrity so that the leaders are able to handle everything aimed at the prosperity and welfare of society.
I believe this is exact definition of inflationary corruption of society. Everyone knows prices are increasing but everyone also knows money they own now is more valuable than money of tomorrow. This causes people to spend their money on many different kinds of markets, so they will be avoiding becoming poorer over time. This is net negative for society, sure, but most individuals don't know how to properly invest their money anyways. Best thing they know is to spend.
People won’t live and survive if they never spend and buy their necessities in life. So that’s already given. However, if you only focus on spending and only earn from a single source of income, you will certainly become poorer and poorer in the process. That’s why taking investment is highly introduced and encouraged. That way, even if your expenses are high since the prices of basic commodities are also highly increasing, your investment profits will also be a lot of help to you to combat your financial problems. The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
This is all caused by inflation which causes all goods to rise and income does not increase so that there is no balance between income and rising prices of goods. This also happens in my country, buying food in restaurants is certainly expensive but there are still many people who actually buy it because they have no other choice but to buy the food. However, there are also those who choose to cook themselves at home but it still doesn't enable them to invest and save because the prices of basic ingredients have also increased.Sometimes the cost of living is expensive not because we want it but because circumstances force us to. That's why many people today who have small incomes cannot invest and save. because their income only goes to food and bills to survive. The only solution in times like this is to increase your income level and manage your finances well so that you can allocate your money for long-term investments.
I believe this is exact definition of inflationary corruption of society. Everyone knows prices are increasing but everyone also knows money they own now is more valuable than money of tomorrow. This causes people to spend their money on many different kinds of markets, so they will be avoiding becoming poorer over time. This is net negative for society, sure, but most individuals don't know how to properly invest their money anyways. Best thing they know is to spend.
People won’t live and survive if they never spend and buy their necessities in life. So that’s already given. However, if you only focus on spending and only earn from a single source of income, you will certainly become poorer and poorer in the process. That’s why taking investment is highly introduced and encouraged. That way, even if your expenses are high since the prices of basic commodities are also highly increasing, your investment profits will also be a lot of help to you to combat your financial problems. 
The cost of cooking a meal isn’t comparable with eating at a restaurant. We should note that a restaurant is different from a fast food joint.
The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
The costs we incur to be able to eat at a restaurant will of course be greater than cooking, but with all the busyness that a person has, of course they have to choose to eat at a restaurant or at a fast food place, but if we choose to save money of course we We have to take the time to cook in order to save on our expenses.The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
Yes, of course the cost of living today is very different from before and if we can't live frugally of course it will be very difficult to have savings or even think about investing and if we can save on our expenses of course we will be able to save from the remaining needs. we have and will also be able to think about investing in our future, but if a man doesn't think about how to get a lot of income, of course they have to be able to reduce their expenses and limit themselves from choosing to spend their income uncontrollably.
for you to go outside on eating instead on cooking into your own home and save up tons but its true that there are really conditions that you would be needing to eat outside specially if you are a busy person
on who doesnt have the ample time for you to cook for your own food on which you would really be seeing this to be something more efficient and something you could say that it wouldnt really be affecting
you that much when it comes to budget.
Proper budget management would really be always the key for you not to be ending up on being broke on which this is a common approach for someone who would really be having
that kind of plans and preparations is that they've been wary about on the probabilities if they would do this and that.
When we talk about necessities even though prices are starting to rise we will still not be able to stop buying them because after all its something that must be done considering it is one way to make us survive with the current life even though we often complain but to support the needs we have , we will definitely keep bought again and again because its the only choice we can do .
In the current situation when inflation makes the value of money lower its very difficult for us to avoid prices that are getting more expensive because it also adjusts to the current situation , but we can't do much other than continue to follow the flow of market conditions .
Although in the end we will feel depressed because of the higher cost of living, we will not be able to do anything but complain about the situation, but we still do what we should do, such as shopping, even at higher prices to support our needs.
In the current situation when inflation makes the value of money lower its very difficult for us to avoid prices that are getting more expensive because it also adjusts to the current situation , but we can't do much other than continue to follow the flow of market conditions .
Although in the end we will feel depressed because of the higher cost of living, we will not be able to do anything but complain about the situation, but we still do what we should do, such as shopping, even at higher prices to support our needs.
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
All countries are experiencing such an overpriced cost of living. I have not seen anything that, with each passing year, the goods and needs have decreased; all are actually increasing. And I also think that will never be resolved.
Right here in our country, there is nothing cheap; everything is expensive, and you have to strategize to earn money. Otherwise, many people will starve. For others, it's hard to spend money on what they want to buy, so they should be wise about what they buy.
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
the cause of materials or commodities that Rise Up should be caused by the government of that particular nation because it's not all the country that is witnessing a hardship that is why I reference it to your home country because when a country is experiencing a hardship that means the people who is the power in that particular country lack the knowledge of governance and that is why some of them put their country into suffering because of lack of economy management and they also lack of unemployment and the lack of provision of food and services and social amenities The cost of cooking a meal isn’t comparable with eating at a restaurant. We should note that a restaurant is different from a fast food joint.
The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
The costs we incur to be able to eat at a restaurant will of course be greater than cooking, but with all the busyness that a person has, of course they have to choose to eat at a restaurant or at a fast food place, but if we choose to save money of course we We have to take the time to cook in order to save on our expenses.The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
Yes, of course the cost of living today is very different from before and if we can't live frugally of course it will be very difficult to have savings or even think about investing and if we can save on our expenses of course we will be able to save from the remaining needs. we have and will also be able to think about investing in our future, but if a man doesn't think about how to get a lot of income, of course they have to be able to reduce their expenses and limit themselves from choosing to spend their income uncontrollably.
Goods have skyrocketed to the extent people are afraid to feed themselves." Imagine a world where basic necessities feel like luxuries. The frustration and anger you express resonate deeply. The grocery store becomes a battlefield, every purchase a calculated risk. The mental strain of figuring out "where to start" amidst rising prices is a heavy burden. It highlights the fundamental importance of food security – the fear of not being able to provide for your family is a primal one.
You yearn for the past, a time when your parents "were lucky" to raise you with affordable food. This sentiment reflects a sense of loss, a nostalgia for a time when basic needs weren't a constant source of worry. Restaurants, once a treat, lose their appeal. The price parity with home cooking eliminates the convenience factor. But more importantly, it speaks to the pervasiveness of the problem – no escape from the high cost of food. The impact extends beyond immediate needs. Saving money, once a possibility, becomes a "war." This highlights the ripple effect of food inflation – it eats away at disposable income, hindering saving goals and impacting long-term financial security.
You yearn for the past, a time when your parents "were lucky" to raise you with affordable food. This sentiment reflects a sense of loss, a nostalgia for a time when basic needs weren't a constant source of worry. Restaurants, once a treat, lose their appeal. The price parity with home cooking eliminates the convenience factor. But more importantly, it speaks to the pervasiveness of the problem – no escape from the high cost of food. The impact extends beyond immediate needs. Saving money, once a possibility, becomes a "war." This highlights the ripple effect of food inflation – it eats away at disposable income, hindering saving goals and impacting long-term financial security.
I believe this is exact definition of inflationary corruption of society. Everyone knows prices are increasing but everyone also knows money they own now is more valuable than money of tomorrow. This causes people to spend their money on many different kinds of markets, so they will be avoiding becoming poorer over time. This is net negative for society, sure, but most individuals don't know how to properly invest their money anyways. Best thing they know is to spend.
Or what we call programming by the rich, to keep them rich, and the poor, poorer as they keep on telling us that only the rich can afford over price items. And with that, the poor wanted to show in the society that they move that they are also rich by buying this expensive things. But in a hindsight, this is what this expensive clothing brands or whatever they wanted to sell us, giving us a fake lifestyle. So if we wanted to break from this programming, we really need to understand it so that we can shift our paradigm, learn how to control our money specially if we don't have that big account to start with. And stop portraying who we are in public.
I believe this is exact definition of inflationary corruption of society. Everyone knows prices are increasing but everyone also knows money they own now is more valuable than money of tomorrow. This causes people to spend their money on many different kinds of markets, so they will be avoiding becoming poorer over time. This is net negative for society, sure, but most individuals don't know how to properly invest their money anyways. Best thing they know is to spend.
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
I don't know which country you are talking about but my country has a lot in common with your country. In my country it is now a situation where the price of any thing has increased so much that people are struggling to buy anything. I am talking about my Bangladesh, the current situation of my Bangladesh is very terrible. If I want to buy something, I can't buy it at the previous price, it has increased by more than 50%. The condition of the rich in this country is improving day by day, the condition of the poor is slowly going down. Those who are rich are leading their lives well and those who are poor are leading their lives with difficulty. The rich are investing and saving from this country but the poor are unable to exchange anything. I am a child of a middle class family according to the conditions of my country I am middle class. Can't invest properly Can't save properly. 
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
to get out of there, level up your skills, look for a side job, save 80% of your salary to invest and reduce useless expenses, avoid debt because if we just work and the money just runs out then we will work forever
I agree that developing skills and having a positive mindset can be beneficial in a challenging economy. Taking initiative, seeking opportunities, and making informed decisions about saving and investing can help individuals improve their situation. It's important to stay informed, be open to new ideas, and take calculated risks to achieve long-term financial stability. Oftentimes small steps can lead to significant progress over time. It is hard to achieve, but definitely worth it.
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
The cost of cooking a meal isn’t comparable with eating at a restaurant. We should note that a restaurant is different from a fast food joint.
The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
to get out of there, level up your skills, look for a side job, save 80% of your salary to invest and reduce useless expenses, avoid debt because if we just work and the money just runs out then we will work forever
Because of the current state of the economy, some wealthy people feel that not only those with numerous success stories in life can afford the high cost of living in Nigeria, but also those who are not as wealthy. In this life, the amount of money that some people spend on a daily basis exceeds the amount of money they make from their jobs.They just spend their money as they please, not knowing if it is overpriced or not. However, even if prices rise, I have doubt that both rich and poor men will continue to spend, since we can never again claim that we cannot feed our families because prices are too high.
That's how the economy of the world has turned us to be working and hustling for food to eat, pay bills, and survive without building or having a substantial project to our name.
At times I begin to imagine whether are we created to only live just to eat and pay bills without enjoying the good things of life. It's quite funny if we are to live in that way and our stay on earth ends there without pointing out a successive project or investment we can hand over to our kids. However, there is more to life than just living to eat, and pay bills. And if the case of our living is to be so, we should develop a strategy that will help us live above such limits of eating, and paying bills.
I think this time calls for each of us to be investing in crypto or have a leveraged business that will be giving a daily income.
The economy of the world will continue to be like this, and won’t help us either in reaching other goals in life. So even if we don’t want this scenario, but we have no choice but to embrace that this is the reality now. If the world can’t change you, then change and improve yourself for the better. Have more skills and strategies in life so that whatever the world will thrown you, at least you have your own weapon for yourself. And as much as possible, do not limit yourself into a single source of income, but gain more skills so you can have more side hustles. That way, even if the prices of goods rise even more, you won’t be totally affected since you have multi source of profits that will provide for yourself. At times I begin to imagine whether are we created to only live just to eat and pay bills without enjoying the good things of life. It's quite funny if we are to live in that way and our stay on earth ends there without pointing out a successive project or investment we can hand over to our kids. However, there is more to life than just living to eat, and pay bills. And if the case of our living is to be so, we should develop a strategy that will help us live above such limits of eating, and paying bills.
I think this time calls for each of us to be investing in crypto or have a leveraged business that will be giving a daily income.
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