Post
Topic
Board Economics
Re: Trusting your budget in times like this.
by
milewilda
on 27/10/2024, 19:36:05 UTC
It is very important for every man to have a budget on how to spend to avoid being broke or overspending. But some people I take myself for an instance no matter how I make my budget at some points I still exceed it so I really need your thoughts guys.
And at the same time having a successful budget and maintaining your budget depends on the situation of your country in a country where prices of goods are not stable it would be very difficult to have a trusted budget.

So how do you manage your budget in a rotational economy I think I myself would need to hear from you guys.

I have noticed one thing, that the cost of living is constantly being raised so that people cannot improve their standard of living. Inflation, tax increases and other economic difficulties lead to the fact that we constantly need to think about how to distribute our will in such a way that it is enough for the standard of living to which we are accustomed, or think about how to increase our income. Sometimes in the most difficult times you have to save.
Actually it would really be that just fine if things will really be that increasing but it will be always best that in terms of salary then this is something that should reallly be increasing as well or would really be trying out to changed up as well same goes with those taxes and other expedentures that a certain person would really be having in terms of living. It wont really be something that give out that kind of hardship but of course we do know that they cant really easily do that. If it were that possible or a solution to avoid too much poverty problem then the government would really be doing it. Come to think that raise up of salary or wage
on a certain country will really be still needed up to be passed or be that discussed whether it would be approved or not and also the increase wont really be that significant or really that something that could match up
those increase of prices and expenses and taxes. If it were able to patch it up or getting even with those things then there's no issue but we are really that seeing the different thing. Prices and inflation becomes worst
while salaries are still that the same on various years to come on which means that people who are earning that basic wage will gradually be struggling on way of living as years passing. So better not yourself be waiting up for government aid or someone who do expect such change. As a personal point of view then you should really be acting out into yourself and find out for another source of income for you to be able to add up into your day job salary. If you do find out that you are already struggling on way of living then its normal that you would really be making out adjustments accordingly.