Your way of living the wage what you need to live normal life - page 4.

ChiBitCTy

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Quote from: Fullbear2222 on December 28, 2022, 10:55:12 AM

by doing calculations with economic experts they have disvored next prices.

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.

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

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

I know that in some places here in the United States, there are certain rules about how much and how often landlords can raise the price of rent.. but I'm not sure this is something that is very wide spread throughout the United States. You mention Los Angeles and New York, but keep in mind those are pretty much the two most expensive cities in the United States. Not to mention is one's choice if they want to live in these insanely overpriced areas.

I think some of these proposal are good ideas, but at the end of the day you don't want to get too close too a communistic type state.

AmoreJaz

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Quote from: xSkylarx on January 10, 2023, 01:19:00 PM

Quote from: wmaurik on January 10, 2023, 08:43:08 AM

Quote from: erep on January 05, 2023, 12:19:49 PM

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.

look for more options of earning some money thru side jobs. don't be picky, as long as you're earning and adding to your monthly income, why not? we have different cost of living as we live in different parts of the world. some countries are expensive and yet some are cheap. if you happen to live in a country where everything is cheap, why not save some of your extra and invest it, right? it all depends on our disposition in life how we can improve our way of living, no matter where you are on this planet.

xSkylarx

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Quote from: wmaurik on January 10, 2023, 08:43:08 AM

Quote from: erep on January 05, 2023, 12:19:49 PM

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

$250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income.

Cling18

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Quote from: wmaurik on January 10, 2023, 08:43:08 AM

Quote from: erep on January 05, 2023, 12:19:49 PM

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But in some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing, and not far from urban areas.

It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

That amount of salary is just enough for a family to survive but they will surely have a hard time living a comfortable life or even saving enough for their future because $250 isn't even enough to buy all the daily necessities. Maybe in some countries, that amount is already big enough but since we're in the recession period it is important to aim for the better. Some companies are taking advantage of their employees and can't pay enough salary based on their skills. I think it's something that the government should focus on.

wmaurik

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Quote from: erep on January 05, 2023, 12:19:49 PM

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house.

Ultegra134

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Quote from: blockman on January 05, 2023, 04:54:29 PM

Quote from: erep on January 05, 2023, 12:19:49 PM

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

Even if the government pushes for higher salaries for everybody, there are companies that can't follow it because they've got a standard profit and they're not as big as the corporations. So, the ones that will be hurt by this law are those small enterprises. It's either they'll remove their staff and work their assess there as the owners or the employee will just have to accept that no increase will happen upon explanation by the owner. But I know that despite that, there are too many small scale business owners that are also generous.

Salary increases have been quite a controversial subject since inflation skyrocketed. Some economists claim that an increase in wages, at least during a period of high inflation, is a vicious cycle. The increase in wages causes companies to have higher costs; thus, they have to increase their prices, which results in a surge in inflation. Hence, we've only managed to intensify the issue. I'm not sure if that hypothetical scenario is true in practice or a claim made by capitalists in order to justify lower wages. Even if the starting statement is true, I'm more concerned about employers and companies who have found loopholes to avoid increasing their staff's salaries.

minime0105

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I can say that people should learn the habit of saving because even though the government decide to increase wages today what about smaller companies can the do the same, so in some cases when the know that Government setup committee to monitor them the will be left without any option than to reduce their workforce in other to Meetup or the will totally shut down, that's why if you are employed by a company or Government from the first month of your employment you have to start saving for the future no matter how small, the Government plays a major role in the well being of it citizens and their wages review, for you not to depend on wages you have to create a means for extra income.

Lanatsa

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Quote from: Finestream on January 05, 2023, 04:43:27 PM

Quote from: Oasisman on January 04, 2023, 11:05:12 PM

Quote from: Fullbear2222 on December 28, 2022, 10:55:12 AM

If we do this then instant paradize all around the world

Well, that's why paradise don't exist in this world, or shall I say paradise only exist in the crazy rich people's world.
But, for us who struggles everyday for living? Nah. I also feel like that's the government's responsibility to control every prices in the market, not only the rent of space and foods, but literally everything. Business owners can always find a way to get the price they want for their product and that will most likely going to involve government approval. From there, we could always tell that everything is movable by money.

And if you have the money, there’s a tendency that you can control everything around. Like for those who are rich businessmen, they can always hire workers if they want but when ask if those were properly compensated, definitely not no matter how skilled those workers are. The government should also watch over this as workers have been completely used but not getting their proper compensation. If only everything is based on skills and expertise, there will be a lot of poor and hardworking workers who are not struggling at the moment.

For sure there are sectors which do really monitors out when it comes to salary or wage standard but only applicable into those government type of institutions and services where workers do really work under

but since we do speak about private sector then it wouldnt really be that something that they could handle out or would be imposing such rule.If ever they would make out such recommendation
then it wont really be followed by most employers or private company owners.

They would be trying out to lessen it as much as they could and wouldn't be giving out that full benefit for a worker to have which is really that sad.

blockman

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Quote from: erep on January 05, 2023, 12:19:49 PM

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

Even if the government pushes for higher salaries for everybody, there are companies that can't follow it because they've got a standard profit and they're not as big as the corporations. So, the ones that will be hurt by this law are those small enterprises. It's either they'll remove their staff and work their assess there as the owners or the employee will just have to accept that no increase will happen upon explanation by the owner. But I know that despite that, there are too many small scale business owners that are also generous.

Finestream

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Quote from: Oasisman on January 04, 2023, 11:05:12 PM

Quote from: Fullbear2222 on December 28, 2022, 10:55:12 AM

If we do this then instant paradize all around the world

Well, that's why paradise don't exist in this world, or shall I say paradise only exist in the crazy rich people's world.
But, for us who struggles everyday for living? Nah. I also feel like that's the government's responsibility to control every prices in the market, not only the rent of space and foods, but literally everything. Business owners can always find a way to get the price they want for their product and that will most likely going to involve government approval. From there, we could always tell that everything is movable by money.

And if you have the money, there’s a tendency that you can control everything around. Like for those who are rich businessmen, they can always hire workers if they want but when ask if those were properly compensated, definitely not no matter how skilled those workers are. The government should also watch over this as workers have been completely used but not getting their proper compensation. If only everything is based on skills and expertise, there will be a lot of poor and hardworking workers who are not struggling at the moment.

rby

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Quote from: erep on January 05, 2023, 12:19:49 PM

Quote from: Findingnemo on January 05, 2023, 04:04:39 AM

Rent also works on the basis of demand and supply so as long as someone is willing to pay the rent the owner is asking for there is nothing wrong with it. Generally the rents of a place depends on where it is located and what are the amenities it has, etc so I don't think government can't interfere with private properties but if they really care then they should increase the wage according to the inflation rate and pass order to every employer that worker should be paid this minimum wage.

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

If government wants to work and also wants to be sincere, they can regulate housing and mortgages. Irrespective that they are private properties. The government controls the economy and they know the inflation index and they know the salary scale.
Some properties are over priced and if nothing is done to it, it will lead to melt down of the economy.
What OP proposed is achievable but the government is lazy to do it. Who knows it could affect their undue taxing

erep

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Quote from: Findingnemo on January 05, 2023, 04:04:39 AM

Rent also works on the basis of demand and supply so as long as someone is willing to pay the rent the owner is asking for there is nothing wrong with it. Generally the rents of a place depends on where it is located and what are the amenities it has, etc so I don't think government can't interfere with private properties but if they really care then they should increase the wage according to the inflation rate and pass order to every employer that worker should be paid this minimum wage.

If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.

Smartprofit

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Quote from: Fullbear2222 on December 28, 2022, 10:55:12 AM

by doing calculations with economic experts they have disvored next prices.

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.

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

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

By imposing restrictions on business, governments intervene in market relations.

Any intervention in the process of relations between various economic entities leads to the fact that market relations are replaced by elements of a directive economy. In a recession, the main costs of the problems of the world economy fall on business. State regulation of prices in such a situation will lead enterprises to bankruptcy. In my opinion, in such a situation, the government needs to go a different way.

It is necessary to stimulate the creation of new areas of economic activity in which businessmen and entrepreneurs can prove themselves.

It is also necessary to eliminate as much as possible all barriers for successful entrepreneurial activity.

fadhilz123

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Quote from: My ThuiHa on January 05, 2023, 01:59:28 AM

Although my salary is gradually increasing every year, the prices of commodities are also increasing. My current salary is enough for my daily life, and I can still invest 10% of it. I found out through chatting with my friends that many people's wages are just enough to support their families. If you want to be rich, you need to do another job. Everyone has their own way of life. I choose to invest my money, and my friends choose to travel with their own money. This is a good way of life.

When viewed from the experience of people who are already rich, it is very clear that they always work harder and do not depend on the salary given by their boss or boss only when they are still working for someone else. Because just working in a place will obviously not make someone rich right away because he needs to manage finances for himself in terms of eating and drinking as a necessity for life.

So another job is something that will support him to get rich faster by continuing to work for other people and one must also be able to distribute his time every day so that he can be very comfortable when working two different jobs in this world. Because he can fit every inflow of money he receives into the two most important parts of his life. The first is for everyday life and the second is for his savings or investment for his future.

Findingnemo

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Quote from: Fullbear2222 on December 28, 2022, 10:55:12 AM

by doing calculations with economic experts they have disvored next prices.

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.

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

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

Rent also works on the basis of demand and supply so as long as someone is willing to pay the rent the owner is asking for there is nothing wrong with it. Generally the rents of a place depends on where it is located and what are the amenities it has, etc so I don't think government can't interfere with private properties but if they really care then they should increase the wage according to the inflation rate and pass order to every employer that worker should be paid this minimum wage.

m2017

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Quote from: Fullbear2222 on December 28, 2022, 10:55:12 AM

by doing calculations with economic experts they have disvored next prices.

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.

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

If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.

Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.

If person have more skills and experinces then salary should go up immediately otherwise penalty for company.

If we do this then instant paradize all around the world

Heaven on earth is impossible. You can't just take and issue a law that will regulate all market relations and all people will begin to live in abundance. There will always be poor and rich, some will live worse, others better. Demand, and, accordingly, wages for different specialties will always vary. Some types of work are highly valued, while others are not. The same will happen with real estate. In areas of the world where demand is high, thanks to high wages and the opportunity to improve your standard of living, the price of real estate will be high. In large cities it will always be expensive, but not in the outback. Everything is regulated by the law of supply and demand, and intervening in these processes will only make matters worse.

wmaurik

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Quote from: browsiek on January 04, 2023, 11:48:31 PM

from here we can see that money is in power and even the government cannot move when money has spoken. so you work hard so that you have a lot of money plus join the people who are rich but not with their lifestyle.

Hard work is still possible and can be done by everyone who wants to be rich, but the problem is that not everyone is willing to accept new followers in their life. Because every rich person definitely has their own work relationship and their own business network so they will not immediately accept new people as their followers, except for poor people who only imitate the rich people's way of doing business so they can get the success that the rich get.

My ThuiHa

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Although my salary is gradually increasing every year, the prices of commodities are also increasing. My current salary is enough for my daily life, and I can still invest 10% of it. I found out through chatting with my friends that many people's wages are just enough to support their families. If you want to be rich, you need to do another job. Everyone has their own way of life. I choose to invest my money, and my friends choose to travel with their own money. This is a good way of life.

xSkylarx

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Quote from: wxa7115 on January 04, 2023, 10:21:08 PM

Quote from: xSkylarx on January 03, 2023, 10:53:12 PM

The irony is that the government is already doing it, and they have a branch of government that is implementing it, but the question is, is that problem solved? I mean, yes, they checked those rent prices and monitored other item prices, but still they don't take action, and mostly they will say we will increase the suggested retail price as the supplier also increased the price or because of the current economic crisis, all of the repairs in the house also increased, which is why the rent was also increased. Well, they can't really control the price, like lowering it; they can only check if it is overpriced or not, but again, there are only a few that got sanctioned or went to jail for doing this.

We either have free markets or we do not, many governments are afraid of taking very abrupt decisions like interfering directly on a single market as they know they will get a very negative reaction if they do it.

So it is up to the people to realize when a product or service is overpriced and acquire the one which is fairly priced, after all who has not faced a situation in which an item has a certain price with a vendor and then you find the same item being sold for double or even the triple amount with another vendor? Your responsibility as a consumer is to avoid the latter vendor which is trying to cheat their customers and buy from the former one that is offering you a fair price.

However, some vendors are sabotaging the price, saying that they will all increase and make sure they all have the same price, so consumers are forced to buy it. We should be practical as consumers, like trying to find the cheapest deals or buying where you can have less or save. I also noticed this mostly in those big stores; they usually have a higher price than those at the bottom, like small vendors. That is why, mostly, when I purchase items or foods, I go to small vendors, as I am sure it can help them and I can also get it at a low price.

browsiek

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Quote from: Oasisman on January 04, 2023, 11:05:12 PM

Business owners can always find a way to get the price they want for their product and that will most likely going to involve government approval. From there, we could always tell that everything is movable by money.

from here we can see that money is in power and even the government cannot move when money has spoken. so you work hard so that you have a lot of money plus join the people who are rich but not with their lifestyle.

Topic: Your way of living the wage what you need to live normal life - page 4. (Read 1244 times)