The cost of living is trying to kill the living - page 8.

Inwestour

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Quote from: Uruhara on June 15, 2023, 07:21:45 PM

So true. We are actually free to blame the government. especially if we are in a democracy. where the real leader is the people. so that the people have the right to criticize their government for the sake of improvement in a better direction. But there is a difference between depending on the government and blaming the government. So what we have to avoid from our mindset is to depend on the government. not only to the government but we also should not be too dependent on others. because right now there's not even much we can trust other than ourselves. And yes I agree that the solution to the problem and indeed the goal of all of us is to have more income.

How will criticism of the government help you if it is not able to influence politicians? If the country has a high level of corruption, then there will be no order in the country, the government will not think about the well-being of their country, everyone will only care about their own well-being.

But under such conditions, the economy will not be able to develop properly, because many resources will be plundered. In any situation, we ourselves should take care of the well-being of our families, but I'm not sure that we can influence the situation in the government, it seems impossible to me.

Adams0001

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According to my limited understanding of economics, governments and economists seek to keep inflation at or around 2%. At its most basic, they do this to encourage money to "stay in the system." If there was no inflation, there would be less incentive to invest and more cause to save. If you invest money, it means that someone can use it to support his ideas and give you a portion of his profits in return. As a result, your money has been made.

The cost of living always SEEMS to rise because, as a result of this policy, your money will be worth less next year than it was this year, causing you to pay more for the same goods and services.

nara1892

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Quote from: jossiel on June 15, 2023, 06:18:17 PM

Quote from: kaseygriffin on June 15, 2023, 12:35:18 PM

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.

Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.

Amidst the high cost of living, coupled with the difficulty of finding something that we will use to survive, that ultimately makes the situation even more difficult. I often think, someone who is relatively well-off says that they have difficulties and go through life, moreover, those who have had it difficult from the start when things were still normal.
I am also the same as you, that I believe that this will not be forever, and I hope that in the near future everything will return to normal and even better than before. What we can do now is keep trying so we don't fall to the point where it's even more difficult for us.

Sayeds56

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Quote from: Accardo on June 15, 2023, 06:35:08 PM

It's rare to find a person that believes the high cost of produces, house rents and devaluation of fiats will come to a halt in future. I don't doubt it, but such a beneficial change also needs a strong event to enforce it. Everything lies in the hands of the people and government. In some countries where prices of goods are not regulated, sellers may not reduce the prices of goods if the price drops. Countless times I've noticed that citizens also add to the difficulty we face today; economic meltdown, price hikes etc out of greed. It's hard to survive in a world with corrupt citizens and government.

Your concerns about rising cost of living due to inflation and declining value of currencies is quite understandable, which has made life difficult for general public. It is also true that sellers generally don't reduce the price in countries where government regulations are not strict, despite reduction in inflation rate. In a free market economy, the prices are primarily determined by demand and supply rule which can effectively work if citizen play their due role to mitigate impact of inflation by making informed decision of purchasing avoiding to buy goods from outlets where they perceive that prices are higher compared to other markets.

Uruhara

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Quote from: Mahanton on June 15, 2023, 04:41:51 PM

Quote from: Uruhara on June 15, 2023, 04:30:49 PM

The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.

You cant really blame out those people who do always have that bad views and impressions towards government considering on what those bullshit things that they have done but its true that they are really that still
playing a huge role when it comes to the economy or a certain country on which they would really be the ones on having the control and on what are the things that should really be needed to be done for its citizens.
We might be having that bad impressions towards them but in speaking about their functions then it wouldnt really be neglected. We know that there are things which cant really be controlled out like market prices
on which there are people who cant really just think off and make out some blaming directly into the government because their living is already that doomed because of high prices and high cost of services
which it would really be that something out of control of governments hands. We shouldnt really be having that kind of pointing of fingers just because we've been struggling on living.
The key on here is to find more source of income so that you could be able to sustain.

So true. We are actually free to blame the government. especially if we are in a democracy. where the real leader is the people. so that the people have the right to criticize their government for the sake of improvement in a better direction. But there is a difference between depending on the government and blaming the government. So what we have to avoid from our mindset is to depend on the government. not only to the government but we also should not be too dependent on others. because right now there's not even much we can trust other than ourselves. And yes I agree that the solution to the problem and indeed the goal of all of us is to have more income.

Accardo

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Quote from: jossiel on June 15, 2023, 06:18:17 PM

Quote from: kaseygriffin on June 15, 2023, 12:35:18 PM

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.

Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.

It's rare to find a person that believes the high cost of produces, house rents and devaluation of fiats will come to a halt in future. I don't doubt it, but such a beneficial change also needs a strong event to enforce it. Everything lies in the hands of the people and government. In some countries where prices of goods are not regulated, sellers may not reduce the prices of goods if the price drops. Countless times I've noticed that citizens also add to the difficulty we face today; economic meltdown, price hikes etc out of greed. It's hard to survive in a world with corrupt citizens and government.

jossiel

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Quote from: kaseygriffin on June 15, 2023, 12:35:18 PM

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.

Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.

Ryu_Ar1

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Quote from: Hamza2424 on June 15, 2023, 05:32:55 PM

Cost of living? I am not sure bro are you getting the point or not because if you are talking about just living inflation and all the economic crisis has nothing to do with it? In just living you don't need to pay an internet Bill, Huge electricity Bills huge Gas bills, and other luxuries which are not part of living. I am not sam not to use electricity I am saying that those who want to spend a simple life can live under the Fan rather than using the AC. Similarly, he can use a Bicycle rather than Car or Motorbike. So the point is Inflation damaged the Standards of living.

So you should say Standards of living are trying to kill the living and that is really happening. There are some other major concerns rather than this temporary inflation we getting out of resources.

In this case it may be more about how we distinguish between primary, secondary and tertiary needs.
what you said is true and there is nothing wrong with it because indeed the electricity bills, internet etc. that you mentioned cannot be released but it is actually included in the current primary needs in my opinion because it is the same as the needs in food for now because I feel that I feel almost frustrated when there is no electricity or internet. but on the other hand of course we also have to be able to limit spending and other lifestyles must be considered such as when we can choose something ordinary in secondary needs such as gadgets or maybe even vehicles do not need to feel burdened with it as long as what we have can still be used then it does not matter.
The condition that occurs for some people is where ego and prestige are bigger which makes them forget to be realistic and not appreciate what they have which makes them continue to be hedon humans which actually makes it more difficult for them to maintain conditions where inflation and the needs of life are getting bigger.

Hamza2424

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Cost of living? I am not sure bro are you getting the point or not because if you are talking about just living inflation and all the economic crisis has nothing to do with it? In just living you don't need to pay an internet Bill, Huge electricity Bills huge Gas bills, and other luxuries which are not part of living. I am not sam not to use electricity I am saying that those who want to spend a simple life can live under the Fan rather than using the AC. Similarly, he can use a Bicycle rather than Car or Motorbike. So the point is Inflation damaged the Standards of living.

So you should say Standards of living are trying to kill the living and that is really happening. There are some other major concerns rather than this temporary inflation we getting out of resources.

Mahanton

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Quote from: Uruhara on June 15, 2023, 04:30:49 PM

Quote from: Davian144 on June 15, 2023, 10:29:05 AM

Quote from: Mame89 on June 14, 2023, 07:46:20 PM

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.

The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.

You cant really blame out those people who do always have that bad views and impressions towards government considering on what those bullshit things that they have done but its true that they are really that still
playing a huge role when it comes to the economy or a certain country on which they would really be the ones on having the control and on what are the things that should really be needed to be done for its citizens.
We might be having that bad impressions towards them but in speaking about their functions then it wouldnt really be neglected. We know that there are things which cant really be controlled out like market prices
on which there are people who cant really just think off and make out some blaming directly into the government because their living is already that doomed because of high prices and high cost of services
which it would really be that something out of control of governments hands. We shouldnt really be having that kind of pointing of fingers just because we've been struggling on living.
The key on here is to find more source of income so that you could be able to sustain.

Uruhara

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Quote from: Davian144 on June 15, 2023, 10:29:05 AM

Quote from: Mame89 on June 14, 2023, 07:46:20 PM

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.

The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.

kaseygriffin

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It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.

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I'm sure, you are among the few people who feel affected by inflation which makes life more difficult. You have to learn from people who are still able to meet their needs even though they are in a state of economic difficulty, the first thing you have to do is balance income with expenses.

Living in the midst of high purchase prices is like worms in the desert, let alone having many children who are still in education. You need to break through a comfortable point to get out of the problems you are facing by looking for additional work to increase your monthly income. People who have a zest for life will do anything to maintain economic stability, they are willing to cut down on rest hours to get extra income.

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Quote from: Mame89 on June 14, 2023, 07:46:20 PM

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.

xSkylarx

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Quote from: AicecreaME on June 15, 2023, 10:02:50 AM

Quote from: Zlantann on March 07, 2023, 11:24:47 AM

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

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

This is not applicable for everyone, you know that. We all have different privilege in life, most of us doesn't even have the skills to have extra jobs because of their current life situation or their health. Funny thing about the government is they just don't really care if there are people suffering in their country, what they care the most is the money they can get while they are sitting in their position as a politician.

We can learn new skills if we are just determined; even uneducated people do it, like those mechanic people. They are usually construction workers, but they are eager to have an extra income, so they go to their friends and ask them to teach or just watch them. As long as the person is determined, they can learn new skills for additional income. Also, we should not rely on the government; we should work on our own, as we know that the government is like a turtle. Upskill and find extra income, but again, this is not easy as you will be going down a rough road.

AicecreaME

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Quote from: Zlantann on March 07, 2023, 11:24:47 AM

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

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

This is not applicable for everyone, you know that. We all have different privilege in life, most of us doesn't even have the skills to have extra jobs because of their current life situation or their health. Funny thing about the government is they just don't really care if there are people suffering in their country, what they care the most is the money they can get while they are sitting in their position as a politician.

bayu7adi

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As technology advances, the average standard of living tends to become more frugal. Inflation indeed has a significant impact on a country's economy, compelling individuals to work harder each day to augment their income.

For those with specialized skills, such as professionals, they have the ability to raise their rates in response to inflation. However, for employees working in companies, they can only hope for their bosses' awareness of this situation. A considerate employer will increase salaries, but an indifferent boss may leave their employees' wages unchanged.

The solution lies in seeking additional sources of income through side jobs to generate more money.

BitcoinTurk

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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.

When I look at your description and username I think you live in Turkey. Unfortunately, in today's conditions the prices of products are changing every day in Turkey and the purchasing power of households is getting lower day by day. The Turkish Lira which loses value day by day especially due to the mistakes made in the country's management and economic decisions unfortunately causes the Turkish people to experience more difficult days.

In today's conditions in Turkey, there is a minimum wage worker of over 60%. The rest, unfortunately work with a salary slightly above the minimum wage. Unfortunately, these salaries are not enough for basic living expenses and in some provinces they are unable to even cover the rent. For these reasons it became impossible to save or to live above the standard.

Due to the economy, which is taking firm steps towards the worse with each passing day, both the young generation and today's children are unfortunately worried about the future in Turkey's conditions.

Inwestour

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Quote from: freedomgo on June 15, 2023, 05:42:21 AM

You have a good point. Even if the basic necessities be it goods or services have undeniably become more costly these days, as long as you have your own source of income, you will get to live and survive. However, if you aim things that are above your means, like adopting luxuries in life because other people are into it, then you will really struggle in your finances and won’t be able to live your life according to what you want. But if you just chose to live within your means, live simply just like before, I guess that will never cause your life to struggle.

I am sure that you can move in parallel, while improving your standard of living and at the same time creating investments that will make you a wealthy person in the future.

There is nothing impossible in this, if you are able to plan everything for months and years, then you will have a vision of how this can be achieved. Living within your means is also not the worst option, I lived like this and there is nothing wrong with that, but I am sure that everyone can achieve more, with proper motivation.

If you really want something, then you will achieve it, even when it seems that the crisis worsens our lives, there are areas that are developing, there are professions that will be more in demand, there is no need to focus on one thing if you cannot achieve a result in one place, it may be worth considering a change of place.

freedomgo

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Quote from: Blowon on June 14, 2023, 01:45:02 PM

but everyone needs living expenses to at least allow him to buy what is needed . what they killed was not because of the cost of their lives. but because of the will of their prestige who want to have expensive things like those of their friends. this thing can kill him. if it's just to meet the necessities of life the cost won't be expensive, but if it's for goods to cover prestige it's very expensive.

You have a good point. Even if the basic necessities be it goods or services have undeniably become more costly these days, as long as you have your own source of income, you will get to live and survive. However, if you aim things that are above your means, like adopting luxuries in life because other people are into it, then you will really struggle in your finances and won’t be able to live your life according to what you want. But if you just chose to live within your means, live simply just like before, I guess that will never cause your life to struggle.

Topic: The cost of living is trying to kill the living - page 8. (Read 1669 times)