Quote from: doomloop on Today at 09:33:53 AM

Quote from: Riginac111 on May 09, 2024, 09:42:18 PM

Quote from: shanhaigamefi on April 18, 2024, 08:34:07 AM

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

that is why it's not good to depend on monthly salary if you are working and you are earning money monthly you have to diversify your source of income so that when economy of your country is rough you can survive through different ways because many people who depend on monthly salary do suffer when they country is not balanced myself I have different investment have that used to sustain me since I was born I've not done a government work before or based on monthly salary to take care of my needs and want.

I think it's not the fault of our salary or not having a multiple income stream but the problem is about the inflation and its rising rates. We don't want this to happen either because we know that it will only going to affect us negatively but it can be the result of greedy actions made by the people who are more higher than us. You know, the banks and governments for example. But since it is already there and it seems there is no stopping them anymore, the only thing that we can do is to follow your suggestion there. The last thing that you have said is only a bit exaggerated to me and it already sounded like you are boasting already. Sorry about that.

If you have knowledge about money and spend time learning about how the economy operates in history, you will see that inflation, crisis, recession... are inevitable. They have been there and existed for hundreds of years, and they do not just appear in our generation.

The simple reason is that many people rely too much and put too much trust in the government, they think that the government will protect and save them if they are in trouble. They are too dependent and too subjective that they forget to make backup plans. If a person is smart, they will always find ways to increase their income and assets even when they are living in a stable economy. They will always have backup plans and always update and evolve to adapt to the development of society.
If we want to survive, we need to change and adapt promptly. Finding ways to blame others will not help us survive in this world.