As money is coming in, it is already going out on bills. The future of the average seemed to be a mere dream.
The current rate of inflation has even worsened the situation. Some people's salaries are not even enough to meet basic needs talk more of to save.
The prices of goods kept going higher and higher. It's as if each day you go to the market, there is an increment in the price of goods, and honestly, this is making life unbearable.
This persistent rise in goods prices has made money and labor less valuable. Imagine you spent a whole month working only to earn what will not sustain you for another month. It's so pathetic.
I was interacting with one of my friends sometime early this year, and he said, “With the way the Nigerian economy is, it is very difficult for an average man to own properties and a nice car.
How much will you save that will get you a nice car like a Hilux, for instance? Unless one is into business or something else, most government jobs are designed to cage people in mediocrity.
Jobs don't pay well, most people only work to eat and settle bills. There are people whose lives are like a cycle of taking debt and repaying.
That's how they survive. They take debts, when salary comes they pay then continue like that.
Someone may say that's a bad lifestyle, but you won't blame them; most of them can't do anything reasonable if they don't live that way.
Talking about savings, many people don't save anymore. The cost of living is high, people earn little, with so much budget on it, how will they save?
I am not encouraging living without savings, but let's be honest, it is not as easy as it looks.
Do I save for the future? The answer is “yes and no.” Sometimes, I save for events or projects; sometimes, I don't. Although I have been working on how to improve it.
Do I receive help from anyone? “No,” in this economy, everyone is trying to survive; mounting pressure on people to support you is not something I am okay with.
I have just been doing my thing, but I won't fail to mention that my mother has been my backbone.
I have other sources of income: apart from teaching and blogging, I am also involved in businesses that raise extra income for me.
Life is hard, people are going through a lot, but we have to survive. The current inflation is not friendly, but we will survive it if we want to.
Instead of lamenting, we should look for ways to make extra income and spend wisely, strictly on a budget. It may not make things better overnight, but I reckon that it will lessen the effect of inflation on us.
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Lamentations would not solve any problem. Thanks for sharing.
Exactly sir.. if we don't step out and take bold steps, we will complain and cry yet nothing will change
It is difficult when our countries do not guarantee us stability we have to fight and work more to live
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It's annoying, but we hope for good days.
Funny how inflation hits the average man more but those who it does not affect much are actually the major cause of the problem and they can actually control how inflation works.
Baba, that's it. Those it doesn't affect are aware of how to tackle it but they won't because they are profiting from it
Honestamente yo entiendo tú situación, Venezuela esta exactamente en la misma posición que Nigeria actualmente. Y la ironía terrible, es que técnicamente somos unos de los países más ricos en recursos naturales en sudamerica. A diferencia de lo que hizo España, en sus otras colonias, la mayor de los recursos naturales de Venezuela no fueron descubierto sino hasta el siglo XX por lo que se enriquecieron tanto como ocurrió con el oro de Perú o la plata de Bolivia y Argentina. En mi país se quedaron enormes minas de oro, de diamante, de minerales raros, de petroleo, etc. También tiene enormes extensiones de tierras de cultivo donde puede crecer de todo, y es el septimo país del mundo con mayor variedad de eco-diversidad (tenemos montañas, desiertos, sabanas, selvas, islas, etc).
Y la razón por la estamos arruinados teniendo todas esas riquezas que no tienen muchos países, es porque somos gobernados por personas ineptas, no solo asquerosamente corruptas, sino completamente y absolutamente ineptas en materia financiera.
It's painful to see things this way, we pray for better days
Humm such is life, but even in the midst of these difficulties we can try to stay alive and continue thriving ✨️
Some of my colleagues do other businesses together wirh their salaries and are able to make ends meet.
Especially skill acquiaition. Some of the females run beauty salons some engage on some side hustle that bring in reasonable resources.
However, I must accept the trurh, things are not really smiling in my country 😕
We keep puahing.
I understand, things are difficult and it is our desire that everything becomes better, nevertheless we have to look for other ways to survive before that time
I agree completely. Enjoy the rest of the day.
!BBH