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Author Topic: Cost of living  (Read 3351 times)

Offline Youngkhngdiddy

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Cost of living
« on: December 18, 2023, 01:07:24 PM »
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the 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. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
« Last Edit: December 18, 2023, 04:47:57 PM by Youngkhngdiddy »

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Cost of living
« on: December 18, 2023, 01:07:24 PM »

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Re: Cost of living
« Reply #1 on: December 18, 2023, 01:12:18 PM »
for this country

This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D
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Re: Cost of living
« Reply #2 on: December 18, 2023, 06:46:50 PM »
If I am not mistaken you are pointing out to the government that they are not taking action on food and other necessities prices are going up, and they aren't helping us. Also I'm not really sure what place you are referring to but I will just generalize it because mostly we have a common perspective in government, with which I agree and disagree because the government is doing their stuff but we can't see it but at the same time we need to take care of ourselves and not rely on them as we get starved. Instead of wasting our time mocking the government, let's find another opportunity to earn money rather than just keep monitoring the government's next move.

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Re: Cost of living
« Reply #3 on: December 22, 2023, 01:14:53 PM »
If I am not mistaken you are pointing out to the government that they are not taking action on food and other necessities prices are going up, and they aren't helping us. Also I'm not really sure what place you are referring to but I will just generalize it because mostly we have a common perspective in government, with which I agree and disagree because the government is doing their stuff but we can't see it but at the same time we need to take care of ourselves and not rely on them as we get starved. Instead of wasting our time mocking the government, let's find another opportunity to earn money rather than just keep monitoring the government's next move.
I do agree with you. Here in our country, many people disagree with the decision of the government because they do not see any improvement in their lives. These kind of individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
« Last Edit: March 08, 2024, 08:46:50 AM by DabsPoorVersion »
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Re: Cost of living
« Reply #4 on: December 22, 2023, 01:25:22 PM »
This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
I think you're right, the ones who depend on governments often become lazy and they don't put any effort to earn a living for themselves and for their families. People in some countries prefer to work as a government servant and they proudly say that they're working for the government.

I believe that a person should not rely on government to look after his/her daily expenses. A person should be at least self-sufficient enough to earn bread and butter for his family and for himself. Someone who's doing that won't have to worry even if he gets no money from government.
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Re: Cost of living
« Reply #5 on: December 22, 2023, 05:18:29 PM »
This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D
This really got me laughing, because this ought to be posted on a local board (Nigeria), because he/she is writing from the Nigeria perspective. Or if he/she insist on posting it here, then there should be a need for identifying the country.
« Last Edit: December 22, 2023, 05:56:26 PM by Tribalchief »
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Re: Cost of living
« Reply #6 on: December 22, 2023, 05:21:58 PM »
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the 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. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
The plain truth is that: Nothing can be done about the whole situation. Kindly transfer similar discussion to the local board(Nigeria) for further discussions.
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Altcoins Talks - Cryptocurrency Forum

Re: Cost of living
« Reply #6 on: December 22, 2023, 05:21:58 PM »


Online DabsPoorVersion

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Re: Cost of living
« Reply #7 on: December 23, 2023, 12:30:04 PM »
This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
I think you're right, the ones who depend on governments often become lazy and they don't put any effort to earn a living for themselves and for their families. People in some countries prefer to work as a government servant and they proudly say that they're working for the government.

I believe that a person should not rely on government to look after his/her daily expenses. A person should be at least self-sufficient enough to earn bread and butter for his family and for himself. Someone who's doing that won't have to worry even if he gets no money from government.
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. It seems unfair when these same individuals appear to be unaffected by the pandemic and continue to live their lives as usual on social media. They should not rely on the government to provide for them unless they truly need the support.
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Re: Cost of living
« Reply #8 on: January 01, 2024, 09:05:37 PM »
No one should be dependent on the government in a nation like ours. Everyone needs to be self-sufficient financially.

In terms of financial capacity, you can operate a small business or develop content from the comfort of your home. We don't need to rely on our country's leaders because they have let us down.
Tears roll down my cheeks as I consider this country's current state; the cost of living is rising daily.   A pleasant supper is quite difficult to afford, especially in a home with children, as many people are on the streets daily looking for bread. We cannot fold our hands when we sit. Let's get ourselves employed.

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Re: Cost of living
« Reply #9 on: January 05, 2024, 11:13:48 AM »
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.
Where do taxes come from ? Correct - from the contributions of those who work. And if the majority of the population does not want to work hard and look for a job or create a business - there will be no taxes ! And so there will be no pensions, social medicine, education, and other things that the state pays for. Therefore, the right way is not to let the state do steps 2 and 3, and personally make every effort to either find a job or create a business - and give others a job.  There are also additional rules - not to spend money on unnecessary things, even if you want to, to consume responsibly, to help your loved ones,....

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Re: Cost of living
« Reply #10 on: January 06, 2024, 09:53:07 AM »
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?
Not all countries get money from taxes. There is money they get from selling oil and gas, money they get from customs, money from sovereign wealth funds (as an alternative to borrowing from the World Bank and the IMF), in addition to some intellectual property rights and the sale of air and sea areas. The citizen is not the government's first item, but he is an important source of its revenue. If the government is managing its economic conditions well, taxes should not represent more than 25% of the citizens' total expenditures.
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Re: Cost of living
« Reply #11 on: January 06, 2024, 11:27:36 AM »
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?
Not all countries get money from taxes. There is money they get from selling oil and gas, money they get from customs, money from sovereign wealth funds (as an alternative to borrowing from the World Bank and the IMF), in addition to some intellectual property rights and the sale of air and sea areas. The citizen is not the government's first item, but he is an important source of its revenue. If the government is managing its economic conditions well, taxes should not represent more than 25% of the citizens' total expenditures.

At the same time, it is tax revenues from oil sales, for example, that fill the budget. And only a few examples exist, when the entire amount from the sale goes to the budget and then goes to the implementation of social programs.
In 95% of countries - it is taxes that form the state budget.

The size of taxes is a delicate issue, and there are no ideal recommendations. But we should remember:
- lower taxes=lower state revenues=lower social programs for the population=higher expenditures of the population to provide their basic needs.
- Higher taxes=higher state revenues=higher social norms and living standards.

Therefore, each country is looking for its own "balance" taking into account many factors, peculiarities, economy, private business.....

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Re: Cost of living
« Reply #12 on: January 09, 2024, 10:38:14 PM »
Well, sorry if things really got out of hand, but you must know that some people in some low-income countries are also facing the same issues. What you have to do in order to minimize costs for yourself is to always have a budget for your spending. If you also have some free land space in your place of residence, you can set up a small garden and grow some vegetables, which you will no longer need to purchase from the market. In the compound where I live in the city, there is a small space, so what I did was plant pepper in a plastic bag. I also planted okra, ginger, and garlic in a plastic bag. I don't usually buy pepper all the time because I can just harvest from the one I planted.

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Re: Cost of living
« Reply #13 on: January 10, 2024, 07:51:56 AM »
The governances of nowadays are becoming Wilder and the masses are left with no choice to adapt to the harden situations it brings.
The economic projections of the nation is gradually depreciating whereas the welfares of the masses are no more termed priority while the leaders are consciencelessly feeding fats on the public funds while the masses are crumbling disasterously even while there are revenues enough to ease the massive economic rupt. 

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Re: Cost of living
« Reply #14 on: January 10, 2024, 03:38:07 PM »
The governances of nowadays are becoming Wilder and the masses are left with no choice to adapt to the harden situations it brings.
The economic projections of the nation is gradually depreciating whereas the welfares of the masses are no more termed priority while the leaders are consciencelessly feeding fats on the public funds while the masses are crumbling disasterously even while there are revenues enough to ease the massive economic rupt.

When a person comes into a system, he becomes a hostage to that system. If he tries to go against the system, the system will reject or destroy him. So there is no choice here - either go with the flow, or simply do not enter this river

 

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