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Topic: The cost of living is trying to kill the living - page 5. (Read 1761 times)

hero member
Activity: 1778
Merit: 746
Of course, we need to adapt and find a way to survive in this life. But given what's going on with the economy, it must be admitted that the cost of living is killing many people. For the poor, with the current high inflation situation, it will be even more difficult for them, and not everyone has the same opportunity to find a job as others. If you live in a country at war, inflation is up to hundreds of percent, and finding a job to increase income is not as easy as you say.
The ability to find solutions in the midst of economic conditions like this is very important because expecting from others will only be in vain. The higher cost of living is due to the volatility of income and spending and what is worse, the prices of basic necessities are rising out of control, inflation and recession have killed economic growth and many big/small businesses have gone bankrupt everywhere, the impact of this process is happening the instability of fulfilling the daily needs of the lower-middle-income people.

When we live in a country that is at war it will be much worse because all economic sectors are paralyzed caused by the insecurity of a country. Any supply will certainly affect the selling price and prices cannot be controlled by anyone, so when connecting a country that is at war with a country that is not, the processes of inflation and recession are different.

Do you mean bitcoin will help us out of poverty? How?
No. If only to meet the needs of life they are difficult. How is it possible that people can run investments in bitcoin.
sr. member
Activity: 644
Merit: 262
The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
The cost of living shouldn't kill the living - wow' that's very easy for you to say depending on your disposition and socioeconomic privilege's. If you're privileged to have access to land to grow veges, rear animals etc, not so many out there are open to such opportunity and that's sad for such people. So at times we shouldn't express alternatives based on our own perspective we should try to think outside our convenience. Maybe then, we can really give an objective suggestions.
newbie
Activity: 29
Merit: 5
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.



Trade by barter was an easy and effective  means that enhanced good living,during that time the cost of living was at ease because people gave out what they had to get what they wanted in return...then the cost of living wasn't killing the living  because  buying and selling was made easy and as such life wasn't as difficult.

In recent years everything changed as the economy of the country deflated so as to affecting the lives of citizens  in cause of Borders locked down,no empowerment, no increment of salaries  and no payment of most pensioniers, no scholarships, no business developments in certain  undeveloped areas to enhance job opportunities....all of these contributed to the cost of living killing the living because the country is not developing/growing economically.

It would be a great achievement if the current government can come to the aid of citizens and make life better  for everyone out there ,by providing job opportunities, generating business developments in undeveloped areas,opening of borders etc...so as to stop the cost of living killing the living.
hero member
Activity: 1960
Merit: 547
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The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

Of course, we need to adapt and find a way to survive in this life. But given what's going on with the economy, it must be admitted that the cost of living is killing many people. For the poor, with the current high inflation situation, it will be even more difficult for them, and not everyone has the same opportunity to find a job as others. If you live in a country at war, inflation is up to hundreds of percent, and finding a job to increase income is not as easy as you say.

Do you mean bitcoin will help us out of poverty? How?
member
Activity: 378
Merit: 26
Be Happy ☺️
Inflation paralyzes a country. As a result ordinary people face many problems to live their lives. All the problems that arise from memory in a country are the problem of rising commodity prices and so on. People live in different parts of a country, some are middle class, some are lower class and some are upper class. Generally, the middle class and the lower middle class have to deal with the main problem of inflation due to rising commodity prices due to inflation, people are unable to meet their basic needs and they face financial problems before the end of the month and they struggle to cover their needs on their own food due to high commodity prices. The main reason is that their wages do not increase when commodity prices rise and because of this low salary it is difficult for them to meet their monthly needs, so the problem of inflation is often for the people of middle class and lower middle class.
sr. member
Activity: 644
Merit: 335
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.

we know this feels not easy. but we are forced to get used to and adapt to the situation and conditions that are happening. And as long as we still have jobs and income, we are still lucky. will be more worrying for those who do not have a job. because they must be living a life that is not easy nowadays. even in some countries the crime rate also seems to have increased. as a result of increasingly uncertain economic pressures.

All of what you are saying is true, but our government has the power to resolve this issue, but they are doing nothing about it. I am aware that our elders used to advise praying to God for assistance when things got bad or when we needed it, but today many nations are suffering as if they had no money or other sources of income.
Perhaps this won't make sense, but let's consider Nigeria as an example. Nigeria is one of the best countries in the world at producing crude oil, but it is also the country that is currently suffering from oil because of its high price and rising cost of other food items. My recommendation to everyone is to keep working for yourself and not depend on any government because if you do, you won't be able to eat. In some nations, there used to be only one thing that used to create all of the difficulties of each individual.
sr. member
Activity: 2660
Merit: 339
Day by day increase in prices of goods is making people's lives miserable. The goods which were earlier within the purchasing power of the people are now beyond the purchasing power of the people. A father from a middle class family knows how to manage his family. Apart from managing their own family, children's education expenses, parents' medicine expenses, a middle class family has to live a very difficult life. Cost of goods may not be a big issue for those who have very good monthly income but for a middle class government employee or officer it is a lot of concern. Once the price of a commodity increases, the price of the commodity never returns to its previous level. Everything was fine if the salary of every employee or official increased with the increase in the price of goods then there would be no impact on anyone in running a family.
If only governments were that much responsible to think about those who are living in hell due to the inflation and economic crisis, governments should try and earn enough revenue through different business models and exchanges of goods and stuff with other countries, making tourism easy and risk-free for the world so that more and more tourists come within the country which greatly increases the GDP of the country.

But unfortunately, most governments don't really care about all these things, they know that people from lower classes are suffering from all this, but they barely try and solve their issues, increasing wages can only be possible if the country produces enough revenue to sustain that.
hero member
Activity: 3052
Merit: 606
The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.
Officials in a country are basically elected by their own people so that the people must also realize this besides not having to depend forever on the government because everyone who wants more income in their life certainly has to work more hard. Whether it's by opening a business or by utilizing existing resources, because without that it will always be difficult to cope with spending money which is increasing day by day in life. I also agree not to expect much from the government, but every citizen also cannot forget the government because that is the seat of leadership for every country.
Know what you can do for the government but never rely in them what you can do for yourself. Work hard so you can make a living for yourself, and not waiting for some assistance and donations coming from the government. That way, you will survive every step of the way, and as much as possible have your own side hustles too so you won’t rely on just a single source of living. By investing in bitcoin or any other high potentials investment, you will have another passive income aside from your own job.
hero member
Activity: 630
Merit: 611
The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
Everyone certainly has their own thoughts about it. and everyone has to be able to survive at any cost. but for hyper-inflation, it is the most difficult to avoid and even sustainable hyper-inflation can kill many people. because there have been many examples of countries that have experienced it which ended with their people starving. while we are healthy then the solution is we have to increase the income we get. one of them by working part time.
hero member
Activity: 616
Merit: 749
The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

The living has to find a way to survive, humans are survivals and that's what we have been doing from the stone age. We don't have to stop now, the human beings we have today have lost their survival skills because of technology but we have to find it back. Based on what you say, we have to go back to the farmland to cultivate what we eat, they aren't hard to grow and when we grow our food it'll help reduce expenses.

Expenses are the reason it feel like the cost of living is killing us. We don't have to get the latest car to live comfortably or wear the latest clothes. We have to reduced everything that take money out of us and increase the things that can bring money like investing in Bitcoin.
full member
Activity: 406
Merit: 100
The cost of living is trying to kill the living is a powerful commentary on the struggles and challenges that many people face in their daily lives. The cost of living refers to the amount of money that is required to maintain a certain standard of living, including expenses such as food, housing, healthcare and transportation. For many individuals and families these expenses can be overwhelming and difficult to manage. The cost of living has risen in many parts of the world, making it increasingly difficult for people to make ends meet. This has led to a growing sense of frustration and desperation among those who are struggling to keep up with the rising costs of everyday life. One of the significant challenges associated with the high cost of living is the impact it has on peoples health and well being. When individuals are forced to spend a large portion of their income on basic necessities like housing and food they may not have enough money left over to invest in their health and well being. This can lead to a wide range of health problems including malnutrition, stress and mental health issues. The high cost of living can also have a negative impact on peoples social lives. When individuals are struggling to make ends meet they may not have the resources or time to engage in social activities or participate in their communities.
legendary
Activity: 2814
Merit: 1112
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The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
Not people in this part of the world can do what you say, for a long time they have never even thought about houses, cars or even vacations, to make ends meet they have faced difficulties because they are in a barren area and no one gives them funds or also the knowledge of how to survive in a very limited resource area.
People living in developed or developing countries can adjust when their income is no longer sufficient to meet their living needs, but in poor countries, it is almost impossible even though there are survivors, the percentage is very small, and many more end up dying due to malnutrition or difficult access to health.
hero member
Activity: 2352
Merit: 594
The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

This is really the hard truth right now because of the keeps rising price, and even others can't grow their own crops because they don't have empty land on their house, mostly if you live in an apartment, condo, or metro, where land is almost not visible. There are solutions to this, like vertical farming, but again, you need to set it up, unlike when you just have a back yard and can just dig and plant some crops.
STT
legendary
Activity: 4060
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Co-op sounds right but it might be tempting to sell into the market at the higher rates available.    I think it can work within a community because of environment and security of living close to each other, allowing your neighbors to have enough to live on is just smart policy if you want a nice place to live.    A country is always nearer to the end when they fail to avovid criminalizing a population, such as starving and taking food or poaching etc.   These aren't new lessons, we should know by now how to prioritize people over profits because ultimately it will make sense to do so and is a good investment from every perspective.  Im not in favor of socialism but people are the best investment a country can make.
hero member
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The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
legendary
Activity: 3234
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I think it is not "that" different in most of other nations as well, not really that different in my country too. The logic is that if you are making a salary, then you shouldn't be able to live a great life, it just doesn't or will probably never happen. I think it is quite important to just focus on what you could do with it, and learn how you could get out.

There is a reason why there are so many authors from so many different nations that keep on writing books about how you could make more money if you got out of the 9-5 lifestyle. Sure maybe yours is worse than others, but doesn't make other nations a great place to live with a salary neither, believe me because I know millions even tens of millions having debt and barely surviving in my nation as well.


Since we do not compare the two countries here of course I cannot say that your comment is wrong but at least as far as I know, if Turkey and many other countries are to be compared unfortunately it would not be right to say that it is in the same situation with other countries because it is more difficult for the people of Turkey to live due to the economy getting worse day by day. Of course, regardless of the country anyone working with a salary cannot live a very good or high quality life today because salaries have become incredibly low in today's conditions.
It isn't the same situation all around. Everywhere people were affected much out of the inflation and other problems that arise out of inflation. Based on the percentage of impact the changes can be experienced on people's living. In my understanding the impact of inflation and other economic issues have hit the urban population higher than the rural population. Because the urban population is much dependent for food and everything and the salary too comes out of corporate. With rural population they're mostly self reliant and this doesn't have much impact over the living style.
sr. member
Activity: 910
Merit: 430
I think inflation occurs in many countries,
and indeed sometimes we are always frustrated with the current economic situation which always continues to decline, but of course we have to face it with patience and sincerity.

and I think we also have to learn to buy and only buy the essentials.

but we also have to see people who are unemployed with the aim that we can be grateful for what we get.

sometimes I always think that even people who have a small salary are tired of inflation, especially people who don't have a job (unemployment).
yeah right. at least those of us who still have income are still quite lucky because we can still fulfill every need we need. And sometimes looking down is necessary to make us more grateful for our personal circumstances.

Inflation has now decreased in several countries but the current recession is increasingly haunting every country. In fact, dozens of countries in Europe have almost entered a recession. while in Asia the economy can still be said to be quite good. so that here the economic difficulties have actually faded.
Recession is indeed a problem that has been predicted even since last year. Because this can also happen due to the impact of the central bank which massively raises interest rates to reduce the inflation rate. It's just that in some Asian countries the recession may not occur. It's just that the number of unemployed in several Asian countries is still known to be quite high. But because the cost of living in Asia is much cheaper. So that is what makes the economy there become much more controllable. and from Asia we also see a lot of agricultural sectors that are quite advanced and lots of open land that still requires human hands to manage. So even unemployed people can still survive in several Asian countries if they are diligent and skilled in agriculture.

besides that we really have to be people who are always grateful for what we have now. But we also have to have motivation to keep improving the business or work we have. Because if inflation then becomes high again then at least we already have preparations with a higher amount of income. And don't forget to get used to living frugally and investing more for the future.
hero member
Activity: 2170
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This is actually the reality, if you're still studying and have a mindset that if you have a degree you would get a high paying job which is ain't true. If you lack the communication skills and having connections then for sure you would be stuck at being unemployed. Just imagine this you're not only the one that are good and talented that attained degree, so you need to build up your social ability to survive the working industry.

Knowledge itself won't do good if you don't have the strategy and hard work to pursue those dreams. I still believe skills is better than knowledge because they are most likely to survive in this industry.
I agree 100%, in my case I already have a degree and good experience in my jobs before but still without adding additional job for me to live will not keep me financially stable, in this world hardwork is a must no matter what degree you have still you need to endure this hardship of inflation and economic crisis especially if you are living in a 3rd world country like us, having one job is not enough in here.
full member
Activity: 1092
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Unless you are the owner of the company and does have a vast network of investments, then you can somehow say that you can really survive without worrying about the inflation because you are always producing funds even if you're sleeping.
Even the owner of the company is also stressed about the impact of ongoing inflation because the company's financial management is not optimal and in the end many employees are fired to reduce the company's financial expenses, so his opinion above is very inappropriate because he can survive with the impact of inflation forever and he may earn high from his current job .

The government has an obligation to overcome the impact of inflation that occurs in the economy. Many steps of government work must be implemented to overcome the effects of bad inflation, the government must encourage local products, maintain price stability so that people's purchasing power is still sufficient, the government must be able to control imports so that the prices of local goods remain stable.

This is true as well. Many think that company owners, business or entrepreneurs can live very happy life even in the time like this. However it is them who are first hit very hard and that’s why the effect is percolated down the sink and then reaches to the common man. In this case it reaches to the employees of that company. However you or me cant blame the owner because for the long term business survival they will always have to look after their company revenue generation system and do the accounting. This is ti safe kering their company or business and not for themselves. What would all the employees do if company got shut right away? It’s better to have few losses as compared to entire colony getting abandoned with the inflation. Might be hard to digest but truth always hurts. Just save money and try to have more income sources. That’s how we survive.
hero member
Activity: 1666
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I think it is not "that" different in most of other nations as well, not really that different in my country too. The logic is that if you are making a salary, then you shouldn't be able to live a great life, it just doesn't or will probably never happen. I think it is quite important to just focus on what you could do with it, and learn how you could get out.

There is a reason why there are so many authors from so many different nations that keep on writing books about how you could make more money if you got out of the 9-5 lifestyle. Sure maybe yours is worse than others, but doesn't make other nations a great place to live with a salary neither, believe me because I know millions even tens of millions having debt and barely surviving in my nation as well.


Since we do not compare the two countries here of course I cannot say that your comment is wrong but at least as far as I know, if Turkey and many other countries are to be compared unfortunately it would not be right to say that it is in the same situation with other countries because it is more difficult for the people of Turkey to live due to the economy getting worse day by day. Of course, regardless of the country anyone working with a salary cannot live a very good or high quality life today because salaries have become incredibly low in today's conditions.
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