Post
Topic
Board Economics
Re: Take care of your money and learn to save.
by
batang_bitcoin
on 24/05/2024, 22:46:59 UTC
Sorry for not being able to explain clearly. What I mean is that people in middle-class households cannot invest in anything they want because their limited income makes it difficult to manage the household. Those who have only one income field have less income, so they have to save first if they want to invest. I am not saying they will save to earn good profit. They will save to raise investment capital.
It's sad that from the poor to middle class are dealing with the same thing but obviously, the poor is the one that's struggling more. While before and several years ago, the middle class can live a lavish life without having any problem at all. And now, this seem to be the new poor description by being in the middle income earners. But there are a lot of middle class that are wise with what they earn and learned how to save and to invest properly so that they won't downgrade their lifestyles in the future.
Apparently, poverty-stricken people may appear to be struggling more when seeing their suffering. (sorry - I am not belittling them because I don't have the ability to belittle them) The middle class once lived a good life without any kind of calamity but in today's context it has become really difficult to live in an economic crisis with these rising market prices. I am saying that the suffering of the middle class is greater because they are far removed from their position and cannot tell anyone about this misery. In any case intelligence must be introduced through creative planning and action to manage life smoothly from now on.
That is the real situation now, almost everywhere in the world regardless of the kind of living and status of life in each country. You will see the huge gap of the rich and the poor with the middle class. But I think that middle class will be able to survive and adapt more with the situation because of them came from being poor and don't want to get back on that tough situation of their lives. I wouldn't classify myself as rich and I think I belong in the middle of middle-poor class.