examples of ONLY having expenses of $20 per month and how that might be realistic and also how the same guy might have an income of between $60 to $100 per month? Sure there could be some situations of informal economy and maybe you live on a farm and you raise your own food or you trade your food for someone else's food and maybe you perform labor in order to live in your house, and you don't have to pay electricity because it is free or it does not exist... but still the numbers see strange, even though surely I know some folks do have real low incomes.. yet are we even being realistic?
It's possible in my country to have total expenses a month as or lower than $20. Though my country don't use dollar but the equivalent of $20 can sustain an individual as expense for a month
Well I guess our economy can be attributed to it.
why are you guys coming up with such dumb examples in which guys have an income of $100, and they are able to invest 80% into bitcoin because their monthly expenses are ONLY $20. It hardly makes any sense
Sure I agree this doesn't make sense
The higher the income the higher the expenditure Ceteris paribus. Expenses making just 20% of your income is quite rare to see unless maybe the person is a miser.
But to be Frank we still have some workers over here earning below $100 monthly which is why our government sucks
What's the essence of increasing minimum wage when the expenses borne by the employers especially private institution would be transferred to their goods or services
It's like a circle if nothing is done to correct it.
Not supporting the government but I don't think increasing salary is The solution to our problem currently.