Topic: The cost of living is trying to kill the living - page 14. (Read 1771 times)

Yes, you can say that there is the same experience and worse here in my country, the high prices have reached an unbearable limit, the prices of basic commodities are constantly rising, the local currency is losing its value every day, and the salaries have remained the same.

Government salaries are almost unbelievable funny, it is hard to believe that the salaries of employees here in my country are less than 30$!!!!! But it is the painful truth!!!

It is not enough to pay the electricity, telephone and water bills, as well as other basic needs, so everyone here is forced to do additional work to pay off this deficit.

I think if we only have a good government know how to handle inflation in the country it will lessen the cost of their living. In my country we always feel how hard to survive with a minimum wage while having a high inflation rate, your income for a day won't be enough to survive the day. Corruption always occur that's why they can't help and support those who are in need. If only I could figure out how I can help in these kind of problems in my country tho.

 Your topic is quite catchy but sadly a depiction of what is going on in the world. You mentioned quite a few factors that can affect a salary earner's wage and if I were to be honest to myself, I doubt the government can do much right now to alleviate some of the pains of these individuals.
 While the cost of things keep soaring, but the pay remains static, I think the best thing to do is to cut back on one's expenses and just like @BADecker tacitly observed, it'd be best to form a sort of co-op thingy as some governments still struggle to recover from the blow hit them by the COVID-19 pandemic and also lack the ability to properly plan how to invest in their economy.

1. No war between Ukraine and Russia! There is a terrorist war unleashed by Russia against Ukraine. As well as economic terror from Russia in relation to European countries.
2. Regarding everything else, I agree, but with a small reservation. When we demand something from the state, we must keep two key points in mind:
- The state has no money. The state has only taxes, which we pay ourselves! And if the state has little money to provide social programs, then we either do not pay or hide a lot of taxes.
- power in the state is OUR choice! It is we who elect people and give them power. If the government turned out to be not good, then this is also our mistake when we chose!

I'm sure the governments of all countries want to do what's best for their people, but they have to do a lot of things because of the influence of the global economy, even though it will impact people with low incomes.

many countries cannot do much when there is higher inflation because the average developing country does not have much state income and the taxes it receives are low, making it difficult for them to provide subsidies or increase wages for the welfare of their people.

The prices of everyday goods continue to bear fruit, adjusting to the supply and needs of the people and many things change the prices of these daily goods. We as citizens, can only try to keep up with the changes made by the government. Hopefully the government can pay more attention to the price of everyday goods and maybe be able to provide incentives to its citizens so they can survive in this difficult situation.

Many people have complained about this to the government but unfortunately, the response given by the government often does not satisfy its citizens. This has sparked many riots in several countries because the people feel that the government has been unable to help its citizens properly. This is a serious problem faced by almost all countries, especially developing and underdeveloped countries, but I think the government will try its best to protect its citizens.

The government are actually forced to act in the way that they are acting, because the global economy took a knock from the impact of Covid and also the impact of the war between Russia and the Ukraine.

The thing is... when the economy are struggling, tax income also go down... so that means less money that can be spend on increased wages for civil servants. So now you have two things trying to kill the middle class and poor people.... namely : Higher inflation and wages that are not increasing. 

I have also felt how the price of food has increased at this time even though I can still try to get my food needs every day, but the level of fatigue and income in a job now has begun to be felt when the salary I earn now starts to feel small even though in terms of numbers still the same as before. However, due to the increase in food prices and the food that is often consumed every day, it feels like the amount of salary I am receiving now is starting to look a little low.

You’ve made a solid point here and I can understand cause I, most times also feel sorry for the very poor folks. They’re poor in almost every aspect. They’re poor in the way they think, the way they act and in the way they speak. Ignorance plays a big role in their lives. Cause how would an individual who isn’t capable of feeding him or herself comfortably go on ahead to continue breeding and producing children. Children that won’t be fed well or taken care of the way the child deserves.
That child, without having the basic things needed(education, love and care in the home etc) would probably go through a difficult time and would slowly develop the same ignorant mentality the parents had.
The cost of living is nowadays really trying to kill the living.

High inflation has indeed had many impacts on sectors of our life, especially in the economic welfare of a country. yeah, it's true that the usual one month's salary that we can use is enough for one month and even there is still some left that can be saved and invested. but today our one month's salary is sometimes only enough for that one month without leaving any money to save. even though we have done a more frugal lifestyle.

and there have been many discussions conducted regarding this issue. So that some of the solutions that can be done are indeed to find a side job to increase our financial income. so that we can still save and invest for the future. because we live not for today only. but we also have plans to build a better future.

but looking for a side job is not as easy as imagined. but as long as we try to keep figuring it out and discovering it. then in the end there will always be something we can make as a solution to increase our financial income. either by working on the side or creating a small business that can be used as a side business.

but actually there are still many out there countries that have long experienced hyper inflation. even the money there is completely worthless. even there one chest of drawers could only buy a few loaves of bread.

For example, in the country of Zimbabwe, which has a high inflation rate, I even think it is included in the hyper-inflation category. the currency exchange rate there continues to decline so that if we look at the market there we can see lots of piles of money. the conditions there are very worrying so if we compare with our conditions then we will become more grateful individuals. and appreciate the government in our own country. (Sourch)

That's the reason why many people are still poor, they just want to have a sex without any preparation. If you look on developed countries, you will see most people either only have 1 or 2 kids, if they have 3 kids or more, it's obviously the parents already rich and achieve financial freedom.

You shouldn't entirely blame the government, if you're become the president you will not able to make the price back to the previous price where inflation rate is still small.

The costs of living have increased everywhere, however I do not think it is as bad as what you describe happening in your country, however this kind of difference is to be expected as black swans appear out of nowhere and some countries are better prepared to face it while some countries were already in a vulnerable position and the black swan does nothing but to aggravate its problems, which is what I think is happening where you live.

Don't think that the government is completely wrong while we also don't correct ourselves. The fact is that people who are able to survive are they don't give up, develop their skills and keep fighting, instead of complaining and then depending on the government system. In this case, the role of the government is definitely trying to give the best but we can't blame it if it fails. Because a corrupt government will always be in its own circle to continue to enrich itself.

It is funny, but it is indeed true that the cost of living is actually killing the living. I have personally known people who are working day and night just for the sake of existing. They're not even living; they're simply supporting their own and their family's basic biological needs. They're slowly killing themselves just so that they can meet what they basically need to continue surviving.

But what's funny is that the cost of dying is also killing the living. Before somebody dies, he/she usually goes to the hospital, admitted, takes a lot of medicines, even undergoes regular medical checkups and other medical sessions, and so on. And when he/she finally dies, the expenses doesn't end. Burial is costly. A casket is expensive. You pay for the one who leads the daily prayers and offer snacks to all who attend. The list of expenses goes on.

There is no way out. You live or you die, you are a victim of the rising prices of everything.

No matter how we blame our government, they still can't move a single thing on this. Even mandating an increase in the minimum wage of employees takes time; how much more lowering the value of those things? Only you can help yourself, so it is better to move and find another source of income so that you can earn more and be able to buy our needs. As of the moment, those who are really having difficulties right now would be more struggling, so if ever we have a chance, let's help them.

Exactly, the key here is our income, don't expect the government to find a way or a solution to help us. Let's save ourselves, if our primary income is not enough to cover our daily needs, we should get extra jobs to earn extra income. Society is becoming harsher and harsher, and we should also find a way to adapt to everything, not wait for the government or someone to save us. We cannot expect that the world will be forever peaceful and free of any turbulence. I stopped lamenting about life and rushed to find a part-time job to save myself, now I have a very stable income and almost no longer worry about inflation.

If you think about it ,back in the day resources were plenty to go around for everyone but populations have grown and the process has turned out to be a competition to fight for the few limited resources out there...

Unfortunately things like inflation are influenced by external factors beyond an individuals control and also how stable a countries political, technological influence is on an economy and it's people.

The best way to survive low salaries is not to rely on one stream of income,try getting into other side hustles to help supplement the salary to make life much easier financially.

Issue of kids..well If people are going to have tons of kid's it means they have the resources to take care of them, if not it's unfair to put your responsibility on others who know that they need to live within their means chose to be ignorant about it, let's take responsibility for our actions...hope am not stepping on people's toes.

 

The living cost may be different in any country yet i think that cost of living can still be considered as very high even when it came from the developed countries too. The bad thing is after covid there is not good recovery that happened with the global economic.
The war that happened between ukraine and rusia was making the condition become even worst. The stability of countries in the world got affected caused by that. Some countries were not even able to pay the debt.
The economic growth become even less than what was already expected. This also affects the minimum salaries that have applied in any country. Any goods become even more expensive than before.

that's why almost all people are looking for income from doing side jobs. it's caused by the main job is not even enough anymore to keep your life.

All around the world, inflation have hit harder and the living costs have reached the peak. During the same time more job cuts and lack of employment opportunities makes the scenario even worse. In recent years the oil price increase due to the war have caused big impact all around the world. When the fuel price increases, automatically each and everything from the basic needs increase in the price. It takes time, if not we're gonna get adopted to the situation. This is how the world gonna move.

The cost of living started to increase as an on-set effect of the money printer first spinning up in the EU. Then, the contagion continued to spread and started to effect the rest of the globe. If it weren't for the economic strings pulled during COVID and the luck that people actually stayed indoors around the globe, causing a temporary economic shutdown and recovery, then the effect of the coming hyperinflation event would be much worse today.

This is the very reason Bitcoin was created. Bitcoin use case will go into full effect as this situation rapidly gets worse. Who to blame? Corrupt government, greedy banks, ignorant people.