While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.
Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).
On the time that you do have a family then you should really be having that double time when it comes to working and never intend on making yourself stick in one source of income because in todays living then it wont
really be that sufficient if you do ask me.Cost of living due to inflation becomes even more worst as the years passing on which it would really be that normal that you would really be minding about on having other income source because when situations like that pandemic would occur or whatever it would be or similar then you would really be finding yourself to be on great trouble or problem.This is why its better to be advanced or trying out your best to find another source of income and tend to save for emergency purposes on which it would really be letting you on having that kind of preparedness when these things do happen.
If you do find that living in todays world is a struggle then it would common sense that you should find another income source.
It might not be so simple on doing so but at least you do make out an immediate step for you to avoid yourself on such difficult situation.