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Topic: Standard of living - page 3. (Read 1721 times)

staff
Activity: 3276
Merit: 4114
June 02, 2022, 08:19:19 AM
All matters on how much you do earn because even if you do live on a first world country but if you dont have any decent job or source of income then your standard of living or status would still be that hard.
thats why its really important that you would really be having a decent income or source to live a comfortable life. Despite of country conditions in terms of economic but still there are people who do live
a decent living because they could able to support theirselves which means that this wont really vary or matter much most of the time.
There are small differences, homeless over here have more access to food. Whether that's people giving it to them i.e donating or dumpster diving. The fact is, in Western countries food is tossed away even when it's marginally out of date or has something wrong with it. It most likely is safe to eat still, but because of strict selling laws, they can't legally sell it.

In third world countries you aren't going to get as much access to that as you would in a first world country. Besides that, there's also more help in first world countries, government schemes, soup places, and various other things have been setup. It isn't perfect don't get me wrong, and there's plenty of people struggling, but when you compare the living conditions, it's likely it's slightly better in a first world country.

Not that it makes that much of a difference if you're in that situation mind, both will feel absolutely awful, and it's quite shocking we don't do more to avoid it.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
June 02, 2022, 08:14:45 AM

this is why we all have to wake up and realize our unique roles to be olay in the current economic situation, if we can not make it grow then we shouldn't constitute to it fallings, we have to source for alternatives in everything we do, have plans and still maintain a learning ground, despite al this challenges we have many people making it with ease with the struggles all because they have oaid the sacrifice needed to enjoy the result they are seeing.
I don't think anyone in this case wants to make this thing go down but the thing is we're in a pretty tough situation right now to get this to look okay.
Maybe for now the Pandemic is not entirely the reason given that there are some concessions that are happening now but the impact from before is still very much felt where when we are stuck in the house and everything we do is limited, it is clear this makes the impact of damage to individuals and countries affected and like it or not. wish we could only accept things like this. we don't want to fall but situations that make us consciously or unconsciously retreat
member
Activity: 167
Merit: 19
Bisq Market Day - March 20th 2023
June 02, 2022, 03:44:46 AM
In my own part of the world, there's a considerable decline in standard of living of citizens. The prices of goods and services have skyrocketed over the weeks partly due to the ongoing invasion by Russia on Ukraine. Energy prices as well as prices of oil and natural gas used in the running of the economy has also gone up. With Demand going sky high and very little supply, inflation is bound to set in as it has in various countries all over the world. Therefore it is certain that the standard of living in most countries have declined.
legendary
Activity: 2618
Merit: 1103
May 31, 2022, 05:03:18 PM
I can tell you a bit about soaring prices of fuel in the EU. We used to pay 1.2 EUR 2 years ago and now it's 2 EUR. This is crazy but I don't really see people walking or cycling instead of driving their cars. It used to be hard to park downtown and it still is. I used to be stuck in jam at 7 am and I still am, so people are rather using up their savings and driving like they used to.
According to the statistics there's much more people looking for apartments than a few years ago. Everything gets more expensive but it doesn't stop people from spending money.
hero member
Activity: 812
Merit: 560
May 31, 2022, 04:34:25 PM
Standard of living nowadays,depends in your earning everyday

it's a personal choice which i find in the ability of individual to maximize their potential to realize the type of life they had always wanted for themselves, this is a logical mentality that you can't afford or achieve what you never admires or desire, once the aim is set then the target follows.

If you notice because of pandemic all over the world,decrease econamic system

this is why we all have to wake up and realize our unique roles to be olay in the current economic situation, if we can not make it grow then we shouldn't constitute to it fallings, we have to source for alternatives in everything we do, have plans and still maintain a learning ground, despite al this challenges we have many people making it with ease with the struggles all because they have oaid the sacrifice needed to enjoy the result they are seeing.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
May 31, 2022, 04:31:21 PM
Standard of living nowadays,depends in your earning everyday.If you notice because of pandemic all over the world,decrease econamic system.For every country trying to be finding how to contribute there fellow country men to achieve and to avoid poverty .
To our society who living everywhere,trying to seached and find solution how they live everyday because of pandemic .The best way for  continue living without using a lot of money is every hone needs to plants any variety of foods vegetables ,and others plant that we can eat and takecare different animals to solve the poverty.Standard of living depends how and what you have to be contribute not only to yourself also in our society and community
All matters on how much you do earn because even if you do live on a first world country but if you dont have any decent job or source of income then your standard of living or status would still be that hard.
thats why its really important that you would really be having a decent income or source to live a comfortable life. Despite of country conditions in terms of economic but still there are people who do live
a decent living because they could able to support theirselves which means that this wont really vary or matter much most of the time.
jr. member
Activity: 119
Merit: 1
May 31, 2022, 01:03:56 PM
Standard of living nowadays,depends in your earning everyday.If you notice because of pandemic all over the world,decrease econamic system.For every country trying to be finding how to contribute there fellow country men to achieve and to avoid poverty .
To our society who living everywhere,trying to seached and find solution how they live everyday because of pandemic .The best way for  continue living without using a lot of money is every hone needs to plants any variety of foods vegetables ,and others plant that we can eat and takecare different animals to solve the poverty.Standard of living depends how and what you have to be contribute not only to yourself also in our society and community
hero member
Activity: 1400
Merit: 682
May 31, 2022, 11:26:45 AM
If I talk about Turkey; We are dealing with a devastating economic crisis. The economic crisis which did not make itself felt much during the pandemic deepened with the absurd economic decisions made by the decision makers after the pandemic. Interest was seen as the cause of inflation and the button was pressed to decrease interest rates. We are faced with a very scary picture. Interest rates were lowered but inflation did not fall on the contrary it increased. Money was constantly printed and the purchasing power of the people decreased. The middle class is melting. Now you are either rich or poor in this country.
hero member
Activity: 2884
Merit: 579
May 31, 2022, 09:36:57 AM
Even if mostly monthly incomes has increased, there's an inflation and price increase for most commodities and that's because of the oil's sudden hike.

I'd say that I've lost a lot of income from this time during the pandemic and it's never been the same again. But I know that things would come back to at least nearly normal and everyone's livelihood will be back again.

We all have learned how to be appreciative with things that we've got and don't look at what we don't have. Somehow and thank God that I'm not in a tough situation and my family is doing well despite all of these problems, we'll just endure it.

That is true. With this war, the oil price I believe, in most countries skyrocketed. And so with our commodities. The pandemic is still not over and this war came. But during the pandemic, we already learned a lot of lessons such as be frugal as much as possible, just spend on important things, it is better to spend quality time with the family over buying luxury items, be self-sufficient like planting vegetables when you have your own garden, don't rely on somebody's help and many other things. The standard of living is a very subjective concept. If you are happy and contented with your life, that's more than enough for me even if you lack those material things like luxury cars or big home.
Yup.

The pandemic has taught a lot of lessons that we should be grateful for what we have and don't ask for more if we're in a tough situation. But, things will become better and we're not going to remain on this situation for life.

Or if we do, we have already adapted with the situation and this challenge that has been so difficult to deal with during its beginning times can now be easily dealt my majority of us.
sr. member
Activity: 882
Merit: 268
May 31, 2022, 08:35:41 AM
it is very difficult to see things like this if it is without self-awareness.
As you said the earth has now been damaged and we as the main actors in the destruction are still not aware of this kind of thing because indeed regret is completely covered with the ambition that exists to get as much natural wealth as possible.

there is no turning back, because indeed here it is not only 1 or two people who act but almost all people do this kind of thing
Standard of living around the world has been affected, people monthly income has reduced, they have been laid off from the jobs.
Many people learned to reduced their entertainments. Especially in third world countries.
So - the best I learnt from all the crisis - is limit your resources to your income, do not spend before you receive the money.
Don't spend before you get money this implies that when we already have extra money we can spend our previous money.
This is a naive act, friends, because even though we already have financial reserves, it doesn't mean we have to spend the rest of the money beforehand.
You have to change this mindset if you are still running it. Even though now it's quite good but things like that are always good don't come every time
member
Activity: 130
Merit: 28
May 30, 2022, 06:31:22 PM
it is very difficult to see things like this if it is without self-awareness.
As you said the earth has now been damaged and we as the main actors in the destruction are still not aware of this kind of thing because indeed regret is completely covered with the ambition that exists to get as much natural wealth as possible.

there is no turning back, because indeed here it is not only 1 or two people who act but almost all people do this kind of thing
   
    Yeah without self awareness can turn down ourselves ,not enough knowledge might be down our ambitions. Standard of life is just a cycle like goes up and down
full member
Activity: 1848
Merit: 158
May 30, 2022, 05:58:52 PM
Standard of living around the world has been affected, people monthly income has reduced, they have been laid off from the jobs.
Many people learned to reduced their entertainments. Especially in third world countries.
So - the best I learnt from all the crisis - is limit your resources to your income, do not spend before you receive the money.
Even if mostly monthly incomes has increased, there's an inflation and price increase for most commodities and that's because of the oil's sudden hike.

I'd say that I've lost a lot of income from this time during the pandemic and it's never been the same again. But I know that things would come back to at least nearly normal and everyone's livelihood will be back again.

We all have learned how to be appreciative with things that we've got and don't look at what we don't have. Somehow and thank God that I'm not in a tough situation and my family is doing well despite all of these problems, we'll just endure it.

That is true. With this war, the oil price I believe, in most countries skyrocketed. And so with our commodities. The pandemic is still not over and this war came. But during the pandemic, we already learned a lot of lessons such as be frugal as much as possible, just spend on important things, it is better to spend quality time with the family over buying luxury items, be self-sufficient like planting vegetables when you have your own garden, don't rely on somebody's help and many other things. The standard of living is a very subjective concept. If you are happy and contented with your life, that's more than enough for me even if you lack those material things like luxury cars or big home.
hero member
Activity: 2884
Merit: 579
May 30, 2022, 05:50:17 PM
Standard of living around the world has been affected, people monthly income has reduced, they have been laid off from the jobs.
Many people learned to reduced their entertainments. Especially in third world countries.
So - the best I learnt from all the crisis - is limit your resources to your income, do not spend before you receive the money.
Even if mostly monthly incomes has increased, there's an inflation and price increase for most commodities and that's because of the oil's sudden hike.

I'd say that I've lost a lot of income from this time during the pandemic and it's never been the same again. But I know that things would come back to at least nearly normal and everyone's livelihood will be back again.

We all have learned how to be appreciative with things that we've got and don't look at what we don't have. Somehow and thank God that I'm not in a tough situation and my family is doing well despite all of these problems, we'll just endure it.
legendary
Activity: 3122
Merit: 1140
May 30, 2022, 04:46:59 PM
The cost of living is increasing because the current growth model of the world is simply not sustainable. The earth is hollowing out. We have already mined deep and flattened the mighty mountains. The sea, sky and earth is polluted. I see no future if we don't mend our ways and go for a more sustainable growth.

Sadly we are not realizing our mistake, but we are expecting a life which is simply not sustainable
it is very difficult to see things like this if it is without self-awareness.
As you said the earth has now been damaged and we as the main actors in the destruction are still not aware of this kind of thing because indeed regret is completely covered with the ambition that exists to get as much natural wealth as possible.

there is no turning back, because indeed here it is not only 1 or two people who act but almost all people do this kind of thing
Standard of living around the world has been affected, people monthly income has reduced, they have been laid off from the jobs.
Many people learned to reduced their entertainments. Especially in third world countries.
So - the best I learnt from all the crisis - is limit your resources to your income, do not spend before you receive the money.
Would be totally dumb if you do spend lots or there's no tommorow kind of behavior if you know that you are on a crisis specially into those past years where pandemic hits very hard on every economy on each country.

It does really affect the way we live not only on the behavior but also into the source of income we do have.Even if we do have a business, it doesnt really indicate that we are safe from that bad situation.

We do normally find out ways for us to sustain no matter on what form as long it could possibly able to make us survive and status of living will really vary.
full member
Activity: 1050
Merit: 110
May 30, 2022, 02:52:25 PM
The cost of living is increasing because the current growth model of the world is simply not sustainable. The earth is hollowing out. We have already mined deep and flattened the mighty mountains. The sea, sky and earth is polluted. I see no future if we don't mend our ways and go for a more sustainable growth.

Sadly we are not realizing our mistake, but we are expecting a life which is simply not sustainable
it is very difficult to see things like this if it is without self-awareness.
As you said the earth has now been damaged and we as the main actors in the destruction are still not aware of this kind of thing because indeed regret is completely covered with the ambition that exists to get as much natural wealth as possible.

there is no turning back, because indeed here it is not only 1 or two people who act but almost all people do this kind of thing
Standard of living around the world has been affected, people monthly income has reduced, they have been laid off from the jobs.
Many people learned to reduced their entertainments. Especially in third world countries.
So - the best I learnt from all the crisis - is limit your resources to your income, do not spend before you receive the money.
sr. member
Activity: 882
Merit: 268
May 30, 2022, 01:24:45 PM
The cost of living is increasing because the current growth model of the world is simply not sustainable. The earth is hollowing out. We have already mined deep and flattened the mighty mountains. The sea, sky and earth is polluted. I see no future if we don't mend our ways and go for a more sustainable growth.

Sadly we are not realizing our mistake, but we are expecting a life which is simply not sustainable
it is very difficult to see things like this if it is without self-awareness.
As you said the earth has now been damaged and we as the main actors in the destruction are still not aware of this kind of thing because indeed regret is completely covered with the ambition that exists to get as much natural wealth as possible.

there is no turning back, because indeed here it is not only 1 or two people who act but almost all people do this kind of thing
hero member
Activity: 1792
Merit: 507
May 30, 2022, 12:43:07 PM
That's true, inflation was already soaring and so did fuel prices, but in the name of war, everything suddenly increased. Living costs have skyrocketed while wages remain still.
The Government should increase the wages of the workers because inflation is inevitable. The salary of the minimum wage earners are low and not enough to live without worries because of the expensive price of almost everything and its a burden for poor families.

The condition was getting better before the pandemic struck, now however, it's even worse than it was with Covid-19. The increased living costs have made it unbearable to have any purchasing power.
Indeed. Before, I can buy more in my $60 budget for groceries every week. But now, I have to adjust my list because this amount cant cover the cost of what I used to buy. Life is hard but even harder now and if you dont strive, you'll suffer.
The standard of life has been affected everywhere. People are striving and they are holding unnecessary buying and saving up.
But that too is true that Covid has taught people to control their needs  and concentrate on their wants. And most of the people have become minimalist in last couple of weeks.
hero member
Activity: 3010
Merit: 629
May 29, 2022, 11:32:10 PM
That's true, inflation was already soaring and so did fuel prices, but in the name of war, everything suddenly increased. Living costs have skyrocketed while wages remain still.
The Government should increase the wages of the workers because inflation is inevitable. The salary of the minimum wage earners are low and not enough to live without worries because of the expensive price of almost everything and its a burden for poor families.

The condition was getting better before the pandemic struck, now however, it's even worse than it was with Covid-19. The increased living costs have made it unbearable to have any purchasing power.
Indeed. Before, I can buy more in my $60 budget for groceries every week. But now, I have to adjust my list because this amount cant cover the cost of what I used to buy. Life is hard but even harder now and if you dont strive, you'll suffer.
legendary
Activity: 1904
Merit: 1158
May 29, 2022, 12:35:28 PM
The cost of living is increasing because the current growth model of the world is simply not sustainable. The earth is hollowing out. We have already mined deep and flattened the mighty mountains. The sea, sky and earth is polluted. I see no future if we don't mend our ways and go for a more sustainable growth.

Sadly we are not realizing our mistake, but we are expecting a life which is simply not sustainable
full member
Activity: 1050
Merit: 110
May 29, 2022, 11:40:09 AM
Now in some cases this is indeed decreasing and in my country now there is no mandatory rule to wear a mask if you want to leave the house and the restrictions are getting less and less which makes this quite good for now.

It is important to keep a balance because we need to keep the world going. I know that we all want to stay safe and healthy and the most important thing right now is to stay alive. For a while pandemic caused too many people to die, we had over 6 million people dead, and over 500 million who got it, which is around %6-7 of the entire planet so it was a big deal. At that level it was staying alive that we focused on. However, economy can't survive years and years of staying inside, it gets impacted and the thing we need right now is to get back, keep safe, and start economy back up again.
It's true, the losses from the effects of this pandemic are truly extraordinary. Basic needs in food and financial needs are currently being damaged and indeed, as you said, it's not only from an economic perspective that has been affected, even the lives of millions of people have been lost due to this virus. which makes this terrible.
But in this case life must go on and we who are still alive must be able to survive so that indeed we can make a reversal and come back to make life better
I think the standard of living has increased/ decreased drastically during Covid.
Now due to Russia and Ukraine war. The prices of wheat and oil has increased drastically. So it is trouble everywhere.
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