Topic: The cost of living is trying to kill the living - page 5. (Read 1669 times)

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.

No. If only to meet the needs of life they are difficult. How is it possible that people can run investments in bitcoin.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.