Quote from: MissNonFall9 on June 01, 2024, 03:19:08 PM

Quote from: batang_bitcoin on May 24, 2024, 10:46:59 PM

Quote from: MissNonFall9 on May 24, 2024, 05:52:31 PM

Quote from: batang_bitcoin on May 21, 2024, 11:54:20 PM

Quote from: MissNonFall9 on May 21, 2024, 12:04:16 PM

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.

Therefore not wanting to go back to the bad conditions of the past and trying to continuously improve the current situation is the key to the survival of the middle class. Not only the middle class but people of any class of profession have enough of this mentality to survive. The middle classes are willing to deal with any situation in front of them in return for an opportunity. For example suppose a person can afford to buy sugar for 100 taka per kg. If the price of one kg of sugar is 110 taka, then he is able to manage his family by buying sugar less than ten taka.

If you wont really be that good on handling your finances then you would really be going back to scratch but of course you do know on what you should gonna do specially into those people who had been start on being poor and then made themselves that rich or wealthy because they do know on how to handle and manage up their funds. It would really be that somehow impossible that you would really be forgetting about the basic stuffs and would really be having that careless spending not unless if you would be getting involved with gambling then high probability that you would really be that becoming poor again. It all matters about financial handling because if you are someone whose really be having no control or having that discipline when it comes to spending money then you do know on whats next.

For those who are really that still poor or on average then savings would really be that playing a crucial role on which it isnt really just that being used for emergency purposes but also in other aspects as well
like having some investment or making up some business.