Topic: Your way of living the wage what you need to live normal life - page 2. (Read 1329 times)
January 26, 2023, 09:11:51 PM
Now I'm 27 years old and I'm planning to get married this year or at most next year, I'm happy because I can work and also pay for 2 people to be a waitress at the fruit shop that I've managed since 3 years, I've prepared a lot of things like saving for receptions and of course preparing funds after marriage, the family of the future wife wants a lively party and of course it takes a lot of money, I hope not to sell assets or go into debt and have a simple party.
January 26, 2023, 06:41:51 PM
Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.
Can this happen in Nigeria. Alot of private sector here pay below the minimum wage. Government can do anything about this because they themselves have fail to produce enough job for the citizens.
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If person have more skills and experinces then salary should go up immediately otherwise penalty for company.
Alot of skills and expertise are out here still seeking for job. It is better one try his/her best to establish on his/her own.
Meanwhile in Philippines, the minimum wage runs around almost $10 or maybe less and those who sit in the government think this is enough considering the price inflation. Not to mention there are still people who get paid lower than the minimum wage. Imagine how these people find ways to earn money just to serve food at their family's table. The government is mostly in favor of companies and investors since they are scared that this might cause them to back out and will leave lesser job opportunities.
That’s how inflation have turned people into wanting any job as long as they can afford to put food on the table. But seems the government has been blinded by it, believing as long as people get job, they can never be fully dependent anymore from the assistance of the government. Well, that may be true, but my only hope is that the government too will show more support to the needs of the workers rather than favoring the side of these businesses owners who are mostly not Filipino citizens, but foreigners.
Normal is a relative term. People that post here that 100$ weekly is enough will never understand those who say that they are happy to receive 3000$ monthly. It does not matter how much person earn, because he will always want more. That is how we are built. Our current normal will be below average in few years, and minimum in 10 years. People adopt to things quickly. Get back to this topic in 5 years and the amount you state as enough wont be enough any more. Even if I earn a million per year, that wont be enough for normal life anyway. Even now, I can spend 1k per month it will be ok, but next month 2k will be a minimum for my needs.
and that is too good - people can maintain their living very easy - here in my country the bag of flour is approx 20 dollars which has increase doubled the price in last 6 month.
The inflation has not been in control over here and people are very upset. Over average cost of living is approx 60 $
Even if it gets annoying, there isn't much that can be done to stem it other than just going with the flow by working more diligently than usual. The increase in the price of all goods is already very felt in everyone's life now so that sometimes resentment doesn't mean anything at all. I also sometimes spend $70 a week on necessities of life, and it can be even more than that because when there are unforeseen needs in life, that's where the spending money becomes inflated The inflation has not been in control over here and people are very upset. Over average cost of living is approx 60 $
Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.
I think this is very beneficial for workers, but if placed in a less developed country, the elimination or banning of businesses will cause many consequences, such as increased unemployment, which has a very bad effect on the economy. The application of the salary-based formula for labor productivity will be more appropriate. Each country will pass laws and maintain or grow GDP. Food increases but wages do not increase is a consequence of inflation. It is difficult to deal with these situations in the immediate future, which are essentially the self-balancing needs of each person for his or her salary. 
Cost depends on wages in our country which he spends as wages are necessary for living a normal life. We sometimes get frustrated with life short work or overthinking causes panting this weariness and frustration tends to prevent us from making any progress again and again. Sometimes demoralizing but apart from thinking about these things, have we ever thought that if there is any way to reduce these problems and make life easier, we have to look for good jobs to get real wages.
You are trying to achieve the impossible .....
All countries have a minimum wage.... and that is based on the cost of living in that country. Let's take the UK for instance...
The minimum annual salary for working 40 hours per week are £19,760 if you are 23 years and above (roughly £9.50 per hour) and £4.81 per hour or £10,004.80 annually if you are 18 years and younger. (Now if you are living in Londen, that salary will not get you very far, because the property prices are very high.... and the rent is not much cheaper)
Also, more and more people are now working from home ....so you can be situated anywhere and still earn a salary. You even see people working from other countries .....and earning massive salaries, but their rent or property prices are dirt cheap.
All countries have a minimum wage.... and that is based on the cost of living in that country. Let's take the UK for instance...
The minimum annual salary for working 40 hours per week are £19,760 if you are 23 years and above (roughly £9.50 per hour) and £4.81 per hour or £10,004.80 annually if you are 18 years and younger. (Now if you are living in Londen, that salary will not get you very far, because the property prices are very high.... and the rent is not much cheaper)
Also, more and more people are now working from home ....so you can be situated anywhere and still earn a salary. You even see people working from other countries .....and earning massive salaries, but their rent or property prices are dirt cheap.
Actually there is no scale to measure the skills of an individual so mostly their productivity will be taken into consideration and without any doubt when someone is contributing a lot for a company in their revenue making then surely they will be rewarded because no boss will like to let away such a good employee from their company but when someone feel they are not rewarded what they deserved to be then better to look for a better job and government has minimum wage policy which will never cope up with the inflation rate at any situation.
Meanwhile in Philippines, the minimum wage runs around almost $10 or maybe less and those who sit in the government think this is enough considering the price inflation. Not to mention there are still people who get paid lower than the minimum wage. Imagine how these people find ways to earn money just to serve food at their family's table. The government is mostly in favor of companies and investors since they are scared that this might cause them to back out and will leave lesser job opportunities.
and that is too good - people can maintain their living very easy - here in my country the bag of flour is approx 20 dollars which has increase doubled the price in last 6 month. The inflation has not been in control over here and people are very upset. Over average cost of living is approx 60 $
We are all striving to have a better life and its up to someone on what ways you would be making yourself to survive.
It is very logical and makes sense because everyone is fighting for a better life according to their respective abilities. Likewise with me who is trying to have a side hustle so I can increase my income which is much better for me. So I think it only depends on each other's ability to find and do it optimally.Monthly income of $3k every month must be recognized the high income that can be achieved for every month, some people can collect that kind of salary according to their work and skills, I can say that freelancer income for content publishers can reach that high income every month, so we must change mindsets and develop new strategies for freelancers or side jobs to improve the economy, advantages for publisher jobs do not interfere with the activities of the main job.
Now, indeed, many people have jumped into side jobs and become content publishers on certain platforms by trying to focus better because they have seen the income of other freelancers who look very good and can even exceed $ 3k every month. But it also really depends on one's expertise in achieving it because not everyone has the same skills even though their mindset is not different. 
i would live a good life if my wage is $ 3000 K - I will more than happy and would not ask for anything
But my salary comes weekly and I keep spending them that is one of the reasons I am unable to save but I would wish if I get $ 3000 every month. One day hopefully
Until now I have never dreamed of getting that much salary every month, because I myself am aware of my abilities which are still very lacking so that it is still difficult to achieve that big salary every month. But I also never underestimate the ability of other people to achieve their goals and targets for a bigger salary, although sometimes I don't believe what other people say. Because that's a huge number for an average person and even a person would have to be able to earn close to a thousand dollars in a week if one wanted that kind of salary.But my salary comes weekly and I keep spending them that is one of the reasons I am unable to save but I would wish if I get $ 3000 every month. One day hopefully
I don't know if that is a huge salary in developed countries, but in my 3rd world country, I would say that 3k dollars are a huge amount of income for us. Even half that income is already a dream because the average income of workers in my country is still only 300$/month. If it comes to dreams, it is the dream of most people in third countries, where life is still extremely difficult. With that income, I can save 2k dollars per month, and I will have no difficulty saving money to invest in bitcoin
. 
Right now 100$ per week is enough for me and my family, I know that people living in the U.S will need more than this to survive but dollar value to my local currency in my country is satisfying, I am still able to save some money and run my business, so as you can see I don't need a lot live a normal life.
It is clear that we cannot equalize salaries in every country because the needs of life are different,for me $100 per week is more than enough and if I lived in the US it would definitely be less,
but back again if we are not smart in managing finances then no matter how much we will be lacking.
Right now 100$ per week is enough for me and my family, I know that people living in the U.S will need more than this to survive but dollar value to my local currency in my country is satisfying, I am still able to save some money and run my business, so as you can see I don't need a lot live a normal life.
Meanwhile in Philippines, the minimum wage runs around almost $10 or maybe less and those who sit in the government think this is enough considering the price inflation. Not to mention there are still people who get paid lower than the minimum wage. Imagine how these people find ways to earn money just to serve food at their family's table. The government is mostly in favor of companies and investors since they are scared that this might cause them to back out and will leave lesser job opportunities.
That happens because the government alone have less sympathy on the minimum wage earners and so there is always low increase for minimum wage earners not considering that they have heavier load of works compared to the ones sitting in the government. That is why it’s hard to eradicate poverty in the Philippines because even the government alone cannot compensate well their workers especially in private establishments as they favor more on the owners than on the workers.Such government conditions will certainly make the people there more difficult. But actually in my country there are still many large factories operating and employing hundreds of employees to thousands of employees. However, these factories do not comply with government regulations regarding minimum wages for employees. so many employees there are paid with a salary below the minimum wage. Many employees there really complain about it. Even demonstrations and protests are often carried out. reporting to the government has also been carried out. But it seems the government prefers to turn a blind eye. and does not help fight for the rights of workers to be able to get paid a decent salary. What's even worse is when there are workers who protest about the salary. then in the future he was removed from the factory. things like this make the people's economy closer to poverty. because their salary is not in accordance with the minimum wage that should be.
Meanwhile in Philippines, the minimum wage runs around almost $10 or maybe less and those who sit in the government think this is enough considering the price inflation. Not to mention there are still people who get paid lower than the minimum wage. Imagine how these people find ways to earn money just to serve food at their family's table. The government is mostly in favor of companies and investors since they are scared that this might cause them to back out and will leave lesser job opportunities.
That happens because the government alone have less sympathy on the minimum wage earners and so there is always low increase for minimum wage earners not considering that they have heavier load of works compared to the ones sitting in the government. That is why it’s hard to eradicate poverty in the Philippines because even the government alone cannot compensate well their workers especially in private establishments as they favor more on the owners than on the workers. 
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If you live in generally canada you should earn at least 3500 in order to function normally.
Euro zone it's about 3500 EUR
In USA it's varied but If you live in los Angeles or new York it's a 7000$ + for sure
In UK London is more expensive but its about 4000 + for sure.
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If you live in generally canada you should earn at least 3500 in order to function normally.
Euro zone it's about 3500 EUR
In USA it's varied but If you live in los Angeles or new York it's a 7000$ + for sure
In UK London is more expensive but its about 4000 + for sure.
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And where is the rest of the world?
I guess we need to find a definition of "normal life" first, after that, we can discuss how much money a person needs every month to maintain that "normal life".
I work in a state sector where wages are 500 euros more or less... compared with the ones from the Eurozone it's a lot lower, but the prices in the Lidle markets are the same in all countries.
Until now I have never dreamed of getting that much salary every month, because I myself am aware of my abilities which are still very lacking so that it is still difficult to achieve that big salary every month. But I also never underestimate the ability of other people to achieve their goals and targets for a bigger salary, although sometimes I don't believe what other people say. Because that's a huge number for an average person and even a person would have to be able to earn close to a thousand dollars in a week if one wanted that kind of salary.
Monthly income of $3k every month must be recognized the high income that can be achieved for every month, some people can collect that kind of salary according to their work and skills, I can say that freelancer income for content publishers can reach that high income every month, so we must change mindsets and develop new strategies for freelancers or side jobs to improve the economy, advantages for publisher jobs do not interfere with the activities of the main job. 
i would live a good life if my wage is $ 3000 K - I will more than happy and would not ask for anything
But my salary comes weekly and I keep spending them that is one of the reasons I am unable to save but I would wish if I get $ 3000 every month. One day hopefully
Until now I have never dreamed of getting that much salary every month, because I myself am aware of my abilities which are still very lacking so that it is still difficult to achieve that big salary every month. But I also never underestimate the ability of other people to achieve their goals and targets for a bigger salary, although sometimes I don't believe what other people say. Because that's a huge number for an average person and even a person would have to be able to earn close to a thousand dollars in a week if one wanted that kind of salary.But my salary comes weekly and I keep spending them that is one of the reasons I am unable to save but I would wish if I get $ 3000 every month. One day hopefully
really be sticking out on where you are currently being placed with on which you dont have any choice but to deal with it.If you do have plans on having some side hustles then it would really be depending on someones choice because not all does have that kind of mindset on making themselves do upgrade somehow when it comes to their earnings.
We are all striving to have a better life and its up to someone on what ways you would be making yourself to survive.
The goverment should restrict prices of rent for example If you rent out the Property goverment should check what could be the price of rent so to make sure person who rent will not use most of the work salary for rent
Easy credit is one of the factors that contributes to high rents. When credit is too simple to obtain, that asset is effectively given a subsidy. housing in this instance. Instead, than attempting to pass rent control, people should pass laws making it difficult to obtain mortgage financing. increasing mortgage rates and mandating a 20% down payment for all borrowers. The cost of housing would drop sharply and resume being within reach.
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