The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
Not only the price of food but now the price of almost every other product needed to survive has doubled from two to three years ago. Especially since the covid-19 pandemic. The price of daily necessities is increasing and there is no way to reduce it. Among them, inflation is going extremely high in my country, two years ago USDT price was around 90BDT and now it has increased to 120BDT. All in all, it has become very difficult to make a living for the general population of third-world developing countries. Moreover, if we talk about medicine, if a person from a middle class family goes to spend for treatment, now there is no money for food, there can be no talk of savings.
When you say product needed to survive, I think that will still be the same as food. You know, we can still live even without a shelter but as long as we can eat and drink, and maybe consume some meds once we got sick. The rise of price is called inflation and it already occurred long time ago.
Price of goods will also depend on the demand. During the Covid era, demand for many goods might have declined and so as their price as people lost their jobs. People who are not that wealthy can actually refrain from treatment as it was costly but there is no way they will neglect food as it was needed by humans daily. It's only true that they rarely have a saving.
You are right when you say that even without a shelter, people can still survive; you will just go out on the streets to sleep. Will we just be like the beggars who are on the streets and our home will be? That's why everyone doesn't want that; that's why we all do it for us to survive.
So those who spend money will probably realize that when they feel that they are struggling to get money to live at this age, They may think that they should have saved money or savings for the times when they had the opportunity to do so. This is just what I thought; that's why I said it.