Recently, I have been noticing the increase in school canteen food, chicken, restaurants, shopping complex, etc. This is almost everything that involves in our daily lives. The increase is not that dramatic (10% – 30%) except dairy products (50% – 100%). So, if we are spending about $3000 monthly previously, the same services and products we will get at $4000 now. An increase of $1000 for every $3000 we are willing to spend every month. That is about 33% increase.
How many of us do savings? Is you saving is 33% of your expenditures every month? I don’t think so. We might have about 10% or 15% the max. Mostly, there won’t be any savings. Today’s situation, we might not do any savings (10% – 15%) but to spend more (33%) to get the same products and services. So, there is a negative financial value there. Either you change your lifestyle or shrink your saving funds. There is no other choice left for us.
There is also increasing number of crimes happening around us now. When people are desperate, only God knows what they will do to overcome their problems. This involves house break-ins, stealing office funds, kidnap-hostage situations, bank/jewelry/money changer robberies, illegal drug selling, child and women assaults, etc. We need to be extra careful these days. Don’t let go your cool and always protect your family.
Increasing personal income will another best choice but only limited individuals able to do that due to limited free time they have. I think blogging for money is not bad at all. Constant blogger who have been blogging about a year are making a good figure of maybe US$1000 per month. This can be a better seconds source of income for everyone. I’m sure the number of blogs and bloggers will increase sooner. Everyone is looking for ways to earn money now. Hopefully, they don’t get scammed out there.