Inflation woes, coping with increasing prices.

It can be frustrating when the cost of everyday items seems to be constantly increasing. This morning when I sent one of my cousins to pick up a sachet of spaghetti, only to be shocked when they returned saying they had paid #560 for it, which is equivalent to about $1.53 in U.S. dollars.

It is natural to wonder where the country is heading when money isn't coming in as steady as it should be and everything is getting more expensive on a daily basis.

Inflation and the rising cost of living are common concerns for people all over the world. It can feel like prices are increasing faster than our incomes, leading to feelings of helplessness and a sense of being unable to keep up.

It is especially frustrating when it is something that we rely on or consume frequently, like spaghetti, that suddenly becomes much more expensive.

While it is not always possible to predict or control the factors that contribute to the price of goods and services, there are things we can do to try to save money and stretch our budgets.

This might include looking for sales or discounts, shopping around for the best prices, and being mindful of our spending habits. It is also important to remember that while the cost of living may be increasing, there are often opportunities to increase our incomes as well. This could involve seeking out new job opportunities, negotiating for a raise or promotion at our current jobs, or finding ways to earn extra money on the side.

It is important to stay positive and find ways to adapt to the changing economic landscape. It may take some effort and creative thinking, but there are always ways to make ends meet and make the most of our resources. So, the next time you find yourself in a similar situation, try not to get too discouraged. Instead, focus on finding ways to save money and increase your income, and remember that this too shall pass.

Thank you for stopping by and do have a productive day ahead 😊❤



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11 comments
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That's the greatest problem I have with Nigeria's economy 😞

The cash inflow is not great at all yet everyday th cash outflow routes keep expanding and increasing, too sad.
Where are we headed to exactly 😓

I pray we get diversified sources of income because that is the only help we will be getting

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You are absolutely right.

May God see us through because this is not really easy for the masses.

Even though we don't get to buy or use luxurious things, how about daily feeding 🙁

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No one is even thinking about luxurious things again... What people complain and strive for is just for their daily bread😓

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I tell you and they are not even making that easy. Things just get complicated by the day. May God help us

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I tell you and they are not even making that easy. Things just get complicated by the day. May God help us

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This problem is prevalent in a first world country like Canada too. Those in the lowest strata in standard of living suffer the most as Social assistance funds from the Government only increase around 2% rather by the real inflation numbers. More middle class are falling behind especially with mortgage and consumer debt driven by higher interest rates.
This has already manifested in significantly higher demand on food banks.
One community based plan is that my Church may begin communal bulk purchasing to save by volume. Voluntary pooling of resources should things get bad.

As food becomes more expensive with less options, there will be an increase in crime.
We have to be creative and flexible with our resources and to prepare the best we can.

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That's too bad.

And it is this same government that are shouting end crime but they are not ready to take the right steps.

Even though the masses do not get to live a luxurious lifestyle, how about everyday feeding because that is really important.

May God help us all.

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I like how you took a post that many would keep negative and complaining and put a positive spin on it! That’s important to do, take a bad situation and figure out how to make it better. There’s always going to be economic troubles so it’s best if we learn how to adjust and make the most out of it. The market conditions that often make people very successful are the ones where it seems like there’s no hope!

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We just have to find a way out in every situation. May God keep paving ways for us.

Thank you so much for your wonderful comment 😊

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