Cost of living

[Evgenklm]

Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.

[Sim_card]

Unfortunately, there's another problem that people can't understand. Many people believe that the state should provide a beautiful, nourished and rich life for a person. But this shows that people do not understand how the state works.
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
3. Borrow money from another country ?

The correct answer is item 1.

A lot of countries are endowed with natural resources which the government should use to take care of the citizens, and I have seen some countries that uses oil and gas as their major means of getting funds for the country. Suadi Arabia, Qatar are oil producing countries and that is what they live on. However, when your government is careless and self centered i.e they don't take care of their citizens, the citizens should also look for a means to take care of themselves by learning skills and also look for a means of survival rather than waiting for the government and lamenting. It used to be before that government provides job for its citizens but right now in my country it is the opposite. Citizens provides job for themselves so that they can become independent. Let's not put all the blame on the government but also help ourselves out from poverty and hardship.

[DrBeer]

Unfortunately, there's another problem that people can't understand. Many people believe that the state should provide a beautiful, nourished and rich life for a person. But this shows that people do not understand how the state works.
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
3. Borrow money from another country ?

The correct answer is item 1.

A lot of countries are endowed with natural resources which the government should use to take care of the citizens, and I have seen some countries that uses oil and gas as their major means of getting funds for the country. Suadi Arabia, Qatar are oil producing countries and that is what they live on. However, when your government is careless and self centered i.e they don't take care of their citizens, the citizens should also look for a means to take care of themselves by learning skills and also look for a means of survival rather than waiting for the government and lamenting. It used to be before that government provides job for its citizens but right now in my country it is the opposite. Citizens provides job for themselves so that they can become independent. Let's not put all the blame on the government but also help ourselves out from poverty and hardship.

If we talk about resources, there are many examples in the modern world that say:
- you have resources, you have a reasonable government, your population lives well (for example, the UAE)
- you have resources, you have a corrupt/stupid/kleptomaniac government, people live unhappy (for example Russia)
- you have no resources, you have a reasonable government, you have a high-quality economy, your population lives well (for example, Singapore)
- you have no resources, you have a corrupt/stupid/kleptomaniac government, people live miserable (for example North Korea)

So I will say - the presence or absence of resources is not an indicator of the quality of life of the population.
But it is the work of the government, the state system that is an indicator of how citizens will live and what they will do - create and enjoy a quality life, or survive and suffer.

[$crypto$]

Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.

Government and society are two things that cannot be separated from each other, they must be sustainable to make the economy better, because the measure is when the poverty rate in a country is high, then it affects the country as well. The government plays an important role in this, because they can grow the economy through the policies they make. The community must also participate in helping, because they are the forefront in carrying it out.

But the problem now is that many policy makers side with certain people who have personal interests that will benefit themselves, sometimes many policies are actually detrimental to their citizens. Yes, now I see that the rich are getting richer, and the poor are getting poorer.

[Uruhara]

The root of the problems that occur in every country is actually quite the same, namely in mismanagement of the state budget and resources and rampant corruption. These two things are two things that have a huge impact on the welfare of a country. If a country has been able to manage the country's natural resources well but in government there are still many corrupt practices, then this will only cause disadvantage to lower parties. In this case, the bottom party is the community. Inflation actually occurs because of this. External factors such as pandemics and war also have a big influence. But out there there are also countries that went bankrupt even before the pandemic and war occurred. Well, everything happens due to incompetence in managing state resources, be it budget, income, nature and so on. So this is where the importance of a fair leader. Unfortunately it is not easy to find it nowadays.

[Gurujebs]

Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.

No matter the population of a country, if they don't have resources and manage it well, the economy will never progress. Our leaders are the main cause of the reason why things aren't going well for the country. They are so corrupt and when they see a single opportunity, they use it to loot  and do what they want to do and when you think you have seen the worse, the next leadership will even be poor than the previous one and the circle of corruption will continue forever.

If the government manage inflation very well, even with a limited resources if the people work hard to increased their production, they will do well. They just need to find a better thing they are good at, like agriculture, mining of mineral resources, petroleum, steel production and many more to ease the stress of cost.

[SamReomo]

Yes, no one should rely on the government. Everyone needs to work hard and provide for themselves. However, due to the recent pandemic that has affected people around the world, some individuals have become reliant on the government to support them financially until they can recover from the damage caused by the pandemic.

Many people have recovered from the damages that were caused by the pandemic but they don't really know where to start their businesses again as pandemic has destroyed many people's businesses and a few of them became so lazy because of that pandemic.

Some people who have become jobless due to the pandemic aren't sure what to do now and that's why they want a simple government based job that would fulfill their daily needs. The hard working people can still choose to earn from social media and other online sources but they aren't a lot in number.

The majority of the public is still not sure how to earn money from their own personal blogs, social media accounts, and other social media platforms. And, in fact everyone can't earn online that's also true. Some people still have to find a physical job to do and those people always prefer to have a government job instead of doing physical labor.

[Bodhi2021]

Smiles! Cost of living, This is actually what everyone is facing now due to instability and increase in inflation rate in the country, but we can still earn a good living by not just depending on the government but rather we should start up a small business to sustain a living. By doing so I believe live will smile at your door step and not being in Agony of sorrow about the Economy.

[DrBeer]

"...so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect."

Question, it certainly smells a little bit of politics, but still - if your government does not care about the population, which by the way elected this government, and the population suffers at the hands and actions of its "elected", why is not raised the issue of distrust of the government ? The next step - either the government (president, parliament, .... ) must accept the claims of the population of the country and:
- propose a way out of the situation and a plan of action
- or leave office in order to be taken over by more decent and responsible people who will correct the situation in the country and improve the life of the population.

[Gormicsta]

Cost of living can be easier or harder depending what you do for a living although the society now it's very difficult to live but it's also depends the neighborhood we live in so we need to consider the cost of things.

[Uruhara]

"...so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect."

Question, it certainly smells a little bit of politics, but still - if your government does not care about the population, which by the way elected this government, and the population suffers at the hands and actions of its "elected", why is not raised the issue of distrust of the government ? The next step - either the government (president, parliament, .... ) must accept the claims of the population of the country and:
- propose a way out of the situation and a plan of action
- or leave office in order to be taken over by more decent and responsible people who will correct the situation in the country and improve the life of the population.

Yes, that's right, friend. This is why a democratic system should be used where people can freely speak and raise every aspiration and criticism along with suggestions to the existing government.

And indeed the government must pay more attention to its people. Because they are elected by the community to protect the community and manage the country to make the community more prosperous. Because after all, the government is actually a servant of the community. It's just that they are entrusted with managing the country's wealth so that it can be used better and the final results must still be in the interests of the state and society and not for personal interests. Personal interests that are not in accordance with the rules will only lead to the growth of worse corruption.

[DrBeer]

Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.

No matter the population of a country, if they don't have resources and manage it well, the economy will never progress. Our leaders are the main cause of the reason why things aren't going well for the country. They are so corrupt and when they see a single opportunity, they use it to loot  and do what they want to do and when you think you have seen the worse, the next leadership will even be poor than the previous one and the circle of corruption will continue forever.

If the government manage inflation very well, even with a limited resources if the people work hard to increased their production, they will do well. They just need to find a better thing they are good at, like agriculture, mining of mineral resources, petroleum, steel production and many more to ease the stress of cost.

I beg to disagree with you. There are plenty of examples of countries with good economies but lacking resources. And vice versa - there are countries with huge resources, but the economy is degrading and a huge part of the population lives in poverty.

For the first example, I can cite Singapore, Switzerland, Japan.... I could go on and on. Economy is not about resources. Economics is about management, planning, and production of competitive goods and services with high added value and a large market. This is very much simplified

[Martyns]

The cost of our living (individual) depends on the way we plan our self, family, and society at large, this means that the various way in which we plan our individual lives is also the way we plan or run our organisation. if we as an individual or a society can plan our life in a batter way, its also means that we can plan the society well to reduce the level or rate of hardship in our society and countries.managing our individual life helps us to reduce the cost of our living. In a case whereby the society or country standard seems to be difficult its certainly means that the citizen of that particular country is definitively going to experience a high standard of living. for an individual to go through low level of living it certainly means that the economic standard of that country is not favorable,therefore the government is meant to provide, to its citizen a good and comfortable standard of living in order to reduce the rate of crime and suicide committed  in various society and as well our countries. It is now notice that most of the criminal act carried out by countries today is being cost by our leaders as a result of bad governance. some economic system set by the government hots the citizens due to the fact that its not good and favorable thus enable Individual to plan their live base on the economic system of the government or country in which they live in.         

[Perfect540]

My standard of living in Bangladesh has increased so much that it has become very difficult to live on a daily basis with my daily income.  It will be very difficult to live normally in our country due to the way the prices of daily necessities are increasing in my country.  Moreover, inflation has increased so much in our country that generally the prices of goods are increasing unbridled due to this inflation rate.

[DrBeer]

My standard of living in Bangladesh has increased so much that it has become very difficult to live on a daily basis with my daily income.  It will be very difficult to live normally in our country due to the way the prices of daily necessities are increasing in my country.  Moreover, inflation has increased so much in our country that generally the prices of goods are increasing unbridled due to this inflation rate.

The only available and conventionally simple solution, for you, but not for the whole country, is to find a job, including remote work, where the payment will be made:
- in stable currencies (dollar, euro)
- in cryptocurrency, e.g. in USDT stablecoins

This way will level out the problem of strong inflation - in your country the price of living increases in local currency, but actually does not increase, for example in dollar equivalent.
Dollar/Euro/USDT conversion costs are not so high as to have a noticeable impact on your income.

However, it is not worth converting all your income into local currency at once