Am wondering if it's same experience in other part of the world.
This country's economy is currently in such terrible shape. The means of survival is so hard that three meals a day are scarcely enough to ordinary man. The pay remains stable but the expense of living is increasing for essential necessities. My survival plan involved cutting back on unnecessary spending. For instance, as a bachelor, I used to frequent clubs frequently and spend money on unimportant things. Now, however, because of the economy, I only go to a club once a month. I virtually always eat at an expensive restaurant because I'm single. But because of the economy, I've come to understand that preparing the food myself will cut costs and save me at the end of the day. 
Topic: The cost of living is trying to kill the living - page 11. (Read 1669 times)
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.
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.
There is always a crisis brewing or a crisis of some kind spilling over in the world, it's inevitable. Just when things looked like they were getting better, Putin - the dictator running Russia - decided it was a good time to invade their neighbor and cause the biggest war in Europe since the end of World War 2. That is bound to have a huge effect as they are both big mining, energy and food producers. Supply chains had barely recovered after shutdowns in the last few years that were unthinkable just 5 years ago. If you're looking at someone to blame, it is the Russian government and it's leadership. There may have been some inflation still happening at this time, but they made it so much worse and unnecessary, yet the poorest (people and countries) always suffer the most.
Remind yourself whose actually responsible for inflation. Seems people have forgotten that it's a manufactured issue stemming from fiscal ineptitude by most governments and central banks. Setting aside Ukraine war related price hikes, the inflation rate of nearly every currency is outpacing wage growth.
I'm not under the illusion that over the last year the cost of living hasn't increased despite what the conduct of the central banks are -- But eventually the COVID stimulus spending spree must be paid for. I'm not sure what country you're from which caused living costs to increase in 2018 but I can only imagine it's gotten worse since 2020.
I'm not under the illusion that over the last year the cost of living hasn't increased despite what the conduct of the central banks are -- But eventually the COVID stimulus spending spree must be paid for. I'm not sure what country you're from which caused living costs to increase in 2018 but I can only imagine it's gotten worse since 2020.
Opportunities are everywhere, but you also need to have determination because it is not that easy to earn money online, even though it is still good for us to get hired and just work from home, but our bosses are from other countries. Though this opportunity is only for those who have gadgets and have internet access, what worries me more are those people who are not computer literate and are relying on physical jobs since there are still companies that are not open right now and there are low hirings, so the unemployment rate is still high.
The opportunity that are everywhere isn't for everyone since not everybody learnt those skills that have job openings online. This is why we have to be prepared ourselves by getting educated on the trending things. Now that we have blockchain technology taking over, we should equiped ourselves with this knowledge so we can get the jobs when we see the opportunity.
Many people still don't understand this, the manual jobs are crowded and unavailable but this online jobs lack skillful workers and companies are out there looking and waiting on someone they can hire for the role, we just have to make ourselves available by shifting our attention to learning the skills needed to be hired for this online jobs.
The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.
If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.
To do that, the government needs more money, and the government's money comes from taxpayers' money. Therefore, it is very difficult for the Government to arbitrarily adjust gasoline prices, if any, it can only support a little part. The government will not be able to adjust gasoline prices in a way that benefits the people but must follow the world market prices.Instead, keep the gas prices low, so that tomato prices would be low and increase the tax on the tomato, they would still buy the same amount of tomato because price is the same, but this time you are getting bigger tax returns from each sold tomato. Much better for the government.
It's not trying to kill the living, it's to keep the poor and middle class alive but as close to desperation as possible.
Been struggling with inflation here where I am, already, but at least it's still doable. As in, if it used to cost let's say 10% of monthly wage for a week's groceries (and that's almost luxurious), price doubling is 20%, but cutting down on luxury I can already minimise it to 15% of monthly. That's about 60% just on groceries, but I support a big family so it's actually all right.
Back home, for most of my family, it's far worse. Already living on minimum means, price doubling means people already are out of means.
Meanwhile, companies are posting more profits. I'm not saying Bitcoin's the sole solution, but it's a pretty good start.
I guess everyone that is kicking alive surely experience the heat of inflation, though some had live it worst. However, on my country, there’s always this rising inflation but I’m just thankful that I was able to manage the risk and still live on my own comfort. That’s the benefit if we can always increase our income despite of the negative economy. And certainly, bitcoin is a good start. If you don’t find it as a reputable investment, then there’s always job opportunities brought by bitcoin, it’s up to you how you will conquer it. Been struggling with inflation here where I am, already, but at least it's still doable. As in, if it used to cost let's say 10% of monthly wage for a week's groceries (and that's almost luxurious), price doubling is 20%, but cutting down on luxury I can already minimise it to 15% of monthly. That's about 60% just on groceries, but I support a big family so it's actually all right.
Back home, for most of my family, it's far worse. Already living on minimum means, price doubling means people already are out of means.
Meanwhile, companies are posting more profits. I'm not saying Bitcoin's the sole solution, but it's a pretty good start.
If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.
To do that, the government needs more money, and the government's money comes from taxpayers' money. Therefore, it is very difficult for the Government to arbitrarily adjust gasoline prices, if any, it can only support a little part. The government will not be able to adjust gasoline prices in a way that benefits the people but must follow the world market prices.Instead, keep the gas prices low, so that tomato prices would be low and increase the tax on the tomato, they would still buy the same amount of tomato because price is the same, but this time you are getting bigger tax returns from each sold tomato. Much better for the government.
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 don't see an end to this because is like things are getting worse everyday and if we do not make proper plan now, it's going to affect us in due time. We need to keepaking savings so when things get worse it's not going to affect us too much. Inflation in my country is very high and I don't know why things are getting worse daily. We need to ki wep try to pay our bills and put food on the table for the younger ones. Since the end of COVID-19, the world economy had changed making inflation to rise and people begging for food because the money is not there. 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.
Our government could be helpless in this situation as you can see even the largest economy in EU such as Germany is struggling as well. The working class in US are also living paycheck to paycheck. So you could be barking at the wrong tree in blaming your government.
We must understand that this is the effect of what is going in globally like the war in Russia-Ukraine where our gas supply is affected making prices goes high as well. And then there's also the printing of money. We are in a recession.
People are really finding it difficult to feed themselves in my country, because the inflation has collapsed the government plan during the pandemic that took place over one year are some months which is not giving the government and the citizens joy. I believe, government will not allow this inflation to take people life than to do what will help the people to recover from their losses they had experienced from their various businesses in the country. Since many countries has adopted Bitcoin for their youths to make progress, I believe our government will do the same thing to ensure the youths of the land will experience positive changes in the living.
Inflation and deflation are the roots of a country's problems, it's one of the government's challenges in managing a country. Rising and falling prices are a natural thing, of course there are natural factors, technical and non-technical factors that we cannot predict when they will come and go. It's just how we are able to adapt to situations and conditions until everything returns to a reasonable and normal point accompanied by the government's ability to manage a country. All countries are struggling with their respective struggles. We hope that the best solution will soon be found and the situation will improve 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 keep on getting worse by the day.
Am wondering if it's the same experience in another part of the world.
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 keep on getting worse by the day.
Am wondering if it's the same experience in another part of the world.
I think all countries are experiencing it, the cost of living is very high at the moment, compared to existing income, you need extra work at this time if you want to earn more money,
the government is indifferent in economic matters, only believes in reports with inaccurate data, without looking down on the economic condition of its people
With the current situation that we are dealing with, we have no choice but to save and minimize our expenses. Proper budgeting is now necessary regardless of the amount of our monthly income. Saving is not becoming a challenging thing because most of the time, our salaries are just enough to buy our basic needs and to pay our bills. I agree that doubling our job will help or at least have a part time job for us to have a tighter budget and at least we can get rid of financial distress.
We think life is easy when we are still young and no other obligations to do other than having fun but as we grew older and started to have a family we realize that we were wrong. The government should increase your pay. Don't tell me they can't feel these issues happening around? If they won't, maybe it's time for you guys to switch on other careers. If you are afraid then just find another small job.
This should make you an extra money to sustain the life that you want if you can not adjust. Problems that you are currently facing are also felt on other parts of the world but I think some governments are kind enough to help. People there are just lucky.
This should make you an extra money to sustain the life that you want if you can not adjust. Problems that you are currently facing are also felt on other parts of the world but I think some governments are kind enough to help. People there are just lucky.
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.
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 think all countries are experiencing it, the cost of living is very high at the moment, compared to existing income, you need extra work at this time if you want to earn more money,
the government is indifferent in economic matters, only believes in reports with inaccurate data, without looking down at the economic condition of its people
I think what you feel right now is also felt by other countries, our needs of life are getting bigger but the salary we get where we work is not enough and very different from a few years ago, and this problem there is no right solution to be overcome by the government so many people still feel that their lives are getting more destitute, So for now we as a society must be able to manage the cost of expenditure that is in accordance with our income, and hope that the government can reduce the price of basic necessities that we need today.
If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.To do that, the government needs more money, and the government's money comes from taxpayers' money. Therefore, it is very difficult for the Government to arbitrarily adjust gasoline prices, if any, it can only support a little part. The government will not be able to adjust gasoline prices in a way that benefits the people but must follow the world market prices.
I think what you feel right now is also felt by other countries, our needs of life are getting bigger but the salary we get where we work is not enough and very different from a few years ago, and this problem there is no right solution to be overcome by the government so many people still feel that their lives are getting more destitute, So for now we as a society must be able to manage the cost of expenditure that is in accordance with our income, and hope that the government can reduce the price of basic necessities that we need today.
If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food. 
The cost of living especially if we live in a city is of course very expensive, 3 years ago I lived in a rural area and I could get almost all the vegetables from my neighbours, or plant them in the fields, now to eat vegetables I have to buy and almost everything has to be paid for with money, if I am 3 days late paying the room rent, I will be evicted without pity.
the same condition actually happened in my country. and probably also occurs in the majority of all countries today. because inflation is currently happening globally. even Bank interest rates continue to be raised which means the inflation rate is still high.
But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.
The inflation rate is not a problem in a particular country, inflation is booming every where and in the global market and it keeps getting worse when we think things we get better.i feel the government are not very concerned with how the economy can get better, if we keep waiting for government having in mind they will do something about it, we might just waste our time waiting for nothing. The best thing to do is to think of a way how money can be generated to sort out high rates of bill. But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.
I think what you feel right now is also felt by other countries, our needs of life are getting bigger but the salary we get where we work is not enough and very different from a few years ago, and this problem there is no right solution to be overcome by the government so many people still feel that their lives are getting more destitute, So for now we as a society must be able to manage the cost of expenditure that is in accordance with our income, and hope that the government can reduce the price of basic necessities that we need today.
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.
It sounds like you are facing economic challenges in your country, it is true that high inflation has become a global issue & it has made life of a conman man very miserable due to stagnant salaries of civil servants. This is a difficult situation, specially for families with children. While government & its agencies play important role to stabilize economy, addressing economic issues can be complex and take time to implement effective solutions. It is important to continue raising voice and hold leaders accountable for their actions.
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