Posts

Showing posts with the label standard of living

How should common man Deal with inflation, rising prices and fixed salary?

Image
This is a kind of question that is making normal man, spend sleepless nights. Never the less, there is a solution for every problem, and there is an answer for every question. The common man has no control over the rising inflation, or over the prices, but there are things which he can do, to stabilize his standard of living and to cope up with, the rising prices. One way definitely is to have control over his expenditure and cut it down to the minimum, and focus more on needs than on wants. The other way is to upgrade himself in his skills, may be by planning to upgrade his skills technical and academics, so that there will be a rise in his position and salary. Or else if education is also a too costly affair, he can upgrade by learning technical skills, according to his capability, so that he can earn some part time income based on those skills. There are many other part time jobs, depending upon, and the technical and educational qualification of a person, which will enable one ...

Is it true that the rich are getting richer and poor are getting poorer?

Yes, it is a fact that, rich are getting richer and poor are becoming poorer. The reason is money is not getting evenly distributed in the society. Only few people in the high level are retaining all the money, and are not allowing it to circulate. People who have money, are investing it, and are getting high returns. While the poor, are dying hard to earn mouthful. Employees are always dependent on pay checks, for their living and what they earn is hardly sufficient to meet the needs. The other main reason is that, ever increasing standard of living. All the prices right from the vegetables to fuel are always on raise. But, the income level is the same, on and off when the government employees go on a strike, their pay checks are increased as per pay revision. But, what about, those lakhs of people, working in the private sector and as daily labor. No one is there to listen to them and their problems. More over the increase in unemployment is another major factor, because...