Cost of living

[Chilwell]

Yeah because of the high inflation rate, it's been tough to keep up with prices where we can barely buy our basic needs and it feels like no matter how hard we try, our money just doesn’t stretch far enough. It’s getting harder every day.

The situation has not been easy for everyone seriously, several countries are complaining about the increase in the price of the commodities. But sometimes I thank God for everything, because no matter how high the prices of the commodities rises we still manage to purchase them, also despite the inflation we still have peace of mind and I think this is more than enough for me.

[Aanuoluwatofunmi]

Cost of living must be what is affordable by us before settling for a particular one, we have to take our time in estimating on the cost of a particular living standard and balance this equation with the total income we earn from what we do, if we discover that what we spend is more than what we earn, then something is wrong and we have to fix it before we can't be able to afford a cost of living at the course, which everything can begins with how we plan ourself for a daily living expenses.

[Sim_card]

Yeah because of the high inflation rate, it's been tough to keep up with prices where we can barely buy our basic needs and it feels like no matter how hard we try, our money just doesn’t stretch far enough. It’s getting harder every day.

The situation has not been easy for everyone seriously, several countries are complaining about the increase in the price of the commodities. But sometimes I thank God for everything, because no matter how high the prices of the commodities rises we still manage to purchase them, also despite the inflation we still have peace of mind and I think this is more than enough for me.

It's no longer just inflation but hyper inflation in my country. Everyday by day the cost of commodity is increasing, and the government is still paying the same amount of salary. How do they want the people to survive. I am happy that I am into crypto because it has been surviving me a lot.

[0t3p0t]

It's no longer just inflation but hyper inflation in my country. Everyday by day the cost of commodity is increasing, and the government is still paying the same amount of salary. How do they want the people to survive. I am happy that I am into crypto because it has been surviving me a lot.

Yeah same here mate. I am glad to be here and this is the best place or industry that I came across because if not then I am one of those who rely on government aid which is very political based on my observation. My Bitcoin when converted to my local currency has a very good value since dollar has higher value than our local fiat. Though I am just having few dollars from here but it's enough for me to survive weekly.

[Stuart]

Someone said The cost of living wants to kill the living Hilarious.

The rate of inflation has caused a big draught, that one can hardly fend for a complete three-square meal daily which is under normal state of being. If not for the knowledge on some internet stuffs that pays, it is hard to survive with monthly salary, because it is not able to take care of the daily needs/expenses. Private sectors in my country take it to themselves that if you are not ready to abide and work with the stipulated salary paid, you can leave, and funny enough, when you leave thinking you will see a job immediately, months will be counting, you are still searching for.

As it stands now, the first battle is feeding, when feeding has been settled, then anything else can come in.

[libert19]

It's no longer just inflation but hyper inflation in my country. Everyday by day the cost of commodity is increasing, and the government is still paying the same amount of salary. How do they want the people to survive. I am happy that I am into crypto because it has been surviving me a lot.

Yeah same here mate. I am glad to be here and this is the best place or industry that I came across because if not then I am one of those who rely on government aid which is very political based on my observation. My Bitcoin when converted to my local currency has a very good value since dollar has higher value than our local fiat. Though I am just having few dollars from here but it's enough for me to survive weekly.

I am also grateful for crypto, without it I'd be likely worse off than I am currently.

But, for salaried man too, they are having good salaries here, so may be my country is good in that regard; as long as salaries and cost of goods stay in equilibrium, it's alright I think.

[bitterguy28]

I am also grateful for crypto, without it I'd be likely worse off than I am currently.

a lot of us are definitely very grateful for bitcoin especially when hard times hit us bitcoin was there for me to help me with finances and i do not want to imagine where i would be right now if not for bitcoin

But, for salaried man too, they are having good salaries here, so may be my country is good in that regard; as long as salaries and cost of goods stay in equilibrium, it's alright I think.

except cost of goods will always continue to rise in price because of inflation so people have no choice but to find other work that could pay better or work more jobs if the salaries do not go up to accommodate the rising cost of goods

[0t3p0t]

if we discover that what we spend is more than what we earn, then something is wrong and we have to fix it before we can't be able to afford a cost of living at the course, which everything can begins with how we plan ourself for a daily living expenses.

Unfortunately, that is what most of the people are doing when we check social media people are spending more than their earnings. I am wondering how they survive that situation because even though I am living alone and has enough income for myself I still save and spend my money wisely because we'll never know how things are going in the next few months or even years. I see them suffering from poverty just like me but they are prioritizing wants rather than needs.