The cost of living is trying to kill the living

Jatiluhung

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Quote from: Paul Pogba on July 15, 2023, 10:04:36 PM

Quote from: ?? on ??

Quote from: mu_enrico on March 07, 2023, 01:09:27 PM

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

I agree, that indeed by increasing income and doing a lot of work will make our finances better.

The best thing for us to do is to continue to increase our sources of income, especially now that we can easily get any information on the internet because the knowledge to create a source of income for a business can be easily and for free, don't miss this easy opportunity and always be optimistic that the future will get better soon.

Opportunities to get side jobs and additional income nowadays are indeed much easier than in ancient times when there was no internet and digitalization did not exist. Now in the digital era everything has become more practical. including in finding work and additional income that can strengthen the financial resilience that we have.

Adding income from a side job via the internet can be even more flexible with time. for example becoming a reseller on social media, becoming a content creator on various social media platforms or even on YouTube, becoming an influencer, or even if we have skills in crypto trading then we can open a VIP class to share trading signals and share insights. The point is that there is a lot of work that we can do to bring in additional income at this time. I also have income from a main job and a side job. and this has helped my economy so far.

Paul Pogba

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Quote from: mu_enrico on March 07, 2023, 01:09:27 PM

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

I agree, that indeed by increasing income and doing a lot of work will make our finances better.

The best thing for us to do is to continue to increase our sources of income, especially now that we can easily get any information on the internet because the knowledge to create a source of income for a business can be easily and for free, don't miss this easy opportunity and always be optimistic that the future will get better soon.

JeffBrad12

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Quote from: DeathAngel on July 15, 2023, 04:54:50 PM

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

thats true I just feel like many are undermining the effects of inflation over the course of the year that gets heavily influenced by the presence of COVID.
everything is quite literally so inflated right now in terms of price that I think life gets harder and harder when the buying power isn't there.
we can work all day long having two shifts and we'd still broke, its just how it is nowadays, life aren't about living anymore its all about competition and just surviving.
what a tough world we live in but then again thats just how the reality is.

Uruhara

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Quote from: DeathAngel on July 15, 2023, 04:54:50 PM

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

The trigger for the price increase actually did not just happen because of the post-pandemic impact. but price increases also occurred as a result of the impact of the war conflict that occurred between Russia and Ukraine. that is, when fuel prices rise dramatically, all things that use fuel will certainly experience an increase. and of course at this time there are many fields that cannot be separated from the use of fuel. so that the increase that occurred in all industrial sectors became unavoidable. and what makes us annoyed is when the price of fuel has fallen but it turns out that the prices of some necessities in the market have not decreased again. For example, the price of transportation costs has not decreased even though the price of gasoline has decreased slightly here. and many other things in common.

The rich are getting richer because they have large reserve funds that are used to buy valuable assets that have decreased during the pandemic. and when the economy recovers they get more and more profits because the assets they bought start to grow in price.

DeathAngel

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It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

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Quote from: Renampun on July 15, 2023, 04:10:47 PM

Quote from: Kara3 on March 06, 2023, 04:36:28 PM

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

It's a must, in minimizing your expenses and try to find additional side jobs to fill the big gaps as we are really having difficulty to face this situation, the cost of living even with those who have a decent paying job are being felt and we can't argue about that in many places this condition are really bringing tough and hardship with each individuals especially those who only earn minimum or less than the minimum wages.

Need to work harder and find add-ons with your salary, selling online or even extending your time to find extra jobs to make sure that you can address the needs of your family.

Hamphser

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Quote from: Renampun on July 15, 2023, 04:10:47 PM

Quote from: Kara3 on March 06, 2023, 04:36:28 PM

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

On the time that you do have a family then you should really be having that double time when it comes to working and never intend on making yourself stick in one source of income because in todays living then it wont

really be that sufficient if you do ask me.Cost of living due to inflation becomes even more worst as the years passing on which it would really be that normal that you would really be minding about on having other income source because when situations like that pandemic would occur or whatever it would be or similar then you would really be finding yourself to be on great trouble or problem.This is why its better to be advanced or trying out your best to find another source of income and tend to save for emergency purposes on which it would really be letting you on having that kind of preparedness when these things do happen.
If you do find that living in todays world is a struggle then it would common sense that you should find another income source.

It might not be so simple on doing so but at least you do make out an immediate step for you to avoid yourself on such difficult situation.

Renampun

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Quote from: Kara3 on March 06, 2023, 04:36:28 PM

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

Asuspawer09

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Quote from: Kara3 on March 06, 2023, 04:36:28 PM

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

I mean it's a big problem around the world even some of the biggest country experience inflation, and I guess there is just no way out of it. I mean we already see a lot of countries that suffer from this, I remember watching it on the news when people started to do riots, and the crime rate there was already so high plus thieves are everywhere because of the country's inflation problem. In my country the inflation was really a big hit, I remember when I was just a student 100pesos here is already a big amount of money, with that 100pesos I can already buy everything that I needed like food, fees, jeepney fare, etc. But now you're gonna need around 300-500 pesos to be able to live somehow comfortably as a student. Even on groceries something like 500 pesos you're already going to buy a lot of groceries, but now your gonna need around 3000 pesos just to buy the basic needs of groceries.

If you not going to do anything you could easily get eaten by inflation, but there is still some way around it, having multiple income streams, and as well as keeping your money out of the bank, you just need to make your money work something like a business.

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Quote from: Rockstarguy on July 14, 2023, 05:34:29 PM

Quote from: wmaurik on July 14, 2023, 04:07:01 PM

Quote from: Desscount on July 14, 2023, 01:56:08 AM

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

You are right. It is not easy for price of things to reduce, I went through a research to check price of food stuff in my country 30 years of ago. I saw that things never reduced but it keeps increasing till date, I think the price of things can't remain the same at a particular point
, it is expected of things to go high. Depending on the government thinking that they can bring the price of things down may not happen sometimes, it is just better people get double source of income than waiting for price of things to come down.

The price keeps increasing, but The salary also increases, but it is only small, which is not balanced for the price of food today. This has really a chain effect because of the expensive fertilizer and the fact that the government can't regulate it. When fertilizer keeps increasing, the price of food also increases as planting becomes more expensive than in previous years. Even the farmers are saying that they aren't getting a profit and prefer to do work in the city.

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Quote from: wmaurik on July 14, 2023, 04:07:01 PM

Quote from: Desscount on July 14, 2023, 01:56:08 AM

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

You are right. It is not easy for price of things to reduce, I went through a research to check price of food stuff in my country 30 years of ago. I saw that things never reduced but it keeps increasing till date, I think the price of things can't remain the same at a particular point
, it is expected of things to go high. Depending on the government thinking that they can bring the price of things down may not happen sometimes, it is just better people get double source of income than waiting for price of things to come down.

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Dealing with it would be itself a deception as its a beast created and released by government itself. Government has the means and control to release more money as they wish, the effects of that decision are not felt until sometime later in some cases it will be years or decades. Inflation is very attractive to government as a form of funding, debt relief and means to distance themselves from budget failure, the enemy appears to be those who raise prices or ask for higher wages when it began as the government producing cash via deficit budget planning and bond issuance. If gov only spent actual capital, was constrained to its gold reserves the world would look differently.

wmaurik

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Quote from: Desscount on July 14, 2023, 01:56:08 AM

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

molsewid

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Quote from: Desscount on July 14, 2023, 01:56:08 AM

Quote from: romero121 on July 13, 2023, 07:57:17 PM

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

The thing is, in a country like where we lives they spend too much money to unnecessary things and they have the guts to share it on nationwide television. There's no plan for agriculture in here now, inflation really hit us hard, having a job is not sufficient even though it is white or color blue collar still it is not enough, it is hard to live in a country where you were born but the cost of living is getting bigger.

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Quote from: romero121 on July 13, 2023, 07:57:17 PM

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

romero121

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Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.

Gulttam2a2

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I think the whole world is having the same problem as your country. If you talk to me about what is happening in our country, I will say it is the same problem as your country. The prices of goods in my country are skyrocketing. Where the rich people in my country are stumbling because of this inflation, the middle class, The situation of the lower class people is becoming very difficult. Those who work and earn money every day,in a word those who eat day by day are in a very delicate situation,they are unable to do anything, they are unable to bear anything. The crisis is over by the middle of the month. There is no possibility of increasing the salary of those who are working. Everything is done by the government so they don't pay any attention to the people of the country? So I would say the cost of living tries to kill life.

Wimex

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I believe that in recent years the economic situation for practically all countries has become complicated, events that have occurred such as the pandemic, wars, and political disagreements have affected the stability of centralized currencies, causing inflation worldwide... and This scenario is expected to become even more complicated, as many will know and it has come to be commented, the United States this year is going through a financial problem that is going through a fairly predominant situation that has put many on alert, most regions use the US dollar as form of payment for commercial exchanges at the international level and I go further, there are countries that have had to dollarize their territory, so a decline like this could lead us to an international economic crisis. This might not hit as hard if governments change their minds about cryptocurrencies, since for example bitcoin could be a wild card for scenarios like this. If they would just drop their rejection of these assets the disastrous results would change for everyone.

Hamphser

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Quote from: Uruhara on July 08, 2023, 04:58:25 AM

Quote from: Swordsoffreedom on July 07, 2023, 10:38:00 PM

Quote from: Uruhara on July 07, 2023, 07:10:27 PM

Quote from: DeathAngel on July 07, 2023, 05:10:54 PM

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.

I also remember the same thing a few years ago when fuel prices were half as cheap as they are now. And even though inflation is stated to have fallen, it is strange that fuel prices are no longer decreasing. the point is when fuel goes up then they never lower it back down. then automatically makes the price of all things go up. because transportation costs, culinary and food staples all use fuel in their processing. so that everything continues to rise because the fuel also rises. Well investing in bitcoin is expected to keep us from inflation.

The current crisis is said to show signs of cooling off, but depreciating currencies over time is not new and is almost impossible to prevent. Because there are many factors that cause inflation, plus the weak management of the state, causing prices to increase day by day. I believe that at some point, the current monetary system will collapse, and the world economy will reset everything. So we must prepare for that by investing in deflationary assets like gold and bitcoin. If we don't prepare from now on, we will most likely be eliminated when that happens.

So that's what we should prepare for. We have to be prepared when something unexpected can happen to the global economic order which causes all countries to experience further crises in the economy. Real Estate and Bitcoin both have become the current trend for investment advice. and for assets that are inflation-resistant and able to maintain value, gold is a favorite of many people. Many people have said the same about this. but I'm sure in reality not everyone can do the preparation properly. because everyone's condition is always different. But I hope we can all prepare everything carefully.

When it comes to financial situation or condition then its true that everyone is really that totally different and this is why methods and ways of living would be entirely different too.If you are on the part to those people
who had been struggling because of this inevitable inflation and soaring prices then it is really just that wise to do that we should really be that finding other source of income on which we could really be able to sustain at least. Dont tend nor really that trying out to be dependent with your government because not all would really be given out the opportunity or not all would be able to solve out those common nation problems.

Also there are things which it is really out of their control and this is why it would be wise that you shouldnt really bother yourself on this part. you cant rely on them but instead you should
find ways on how you would gonna sustain.

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Quote from: KiaKia on July 08, 2023, 04:27:51 AM

Things don't just get worse for a country out of nowhere, it's very sad to see countries that have their own resources and yet their people are suffering, the problem is like an apple that was once fresh and slowing starts to rotten, if you look onto the past of such tough countries you will see that there are cases of greedy leaders that have used a lot of money to deceive their people and rob them back in hundred folds, now it's left for the people to find a way to survive with or without the government.

If people are leaving a country for another country, there is a 99% chances that the leaders of that country they are coming from are greedy bastards that only cares about their own stomachs and families.

You are the master of your own life, do not let the greed of another man block your future, find means to make money, learn something new, be creative and see how you will have a better future.

I'd argue the whole pie, not simply the apple, should be considered. Yes, leaders affect a nation's state, but isn't the pie's taste determined by the overall recipe? Each slice, each component, affects the country. Your immigration view makes me laugh. Like suggesting all people wearing raincoats outside are frightened of getting wet. Some are, but others appreciate the style or the smell of damp polyester for unknown reasons. Your credo of self-reliance sounds like an invitation to a solitary dance-off on life's vast stage. But not everyone can dance or afford shoes. I see a creative spark and enthusiastic catalyst for change in your writings. Let's fan that flame for ourselves and everyone else on the dance floor

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