Life is tougher than I Imagined

In India , the scenario was same due to politicians.cost of living has been increased.Household savings has been falling down.Yesterday our Prime minister introduced GST Reforms I have discussed the same today.Ofcourse it might be his saviour.But I hope If those reforms remains unchanged or improve some more beneficial to the people We can afford the cost of living.something we can save upon.

The key to a good, sound financial life is to stop relying on a paycheck. Instead, spend less of what you earn, save and invest wisely, and let the dividends and interest be your main source of income. It takes a while to get there. But it's better than relying on a paycheck to make ends meet. Much better to let your money do that work for you. In the meantime...a second or third job is probably in order. But it won't help you if you keep doing the same thing with your money. You're just kicking the can down the road. When you save and invest and let your money work for you, it doesn't matter what outside influences try to drag you down, you are now operating within your own personal economy, and when that happens, the outside stuff that happens doesn't matter because you are in control. Inflation goes up 4%, I just find ways for my money to make 4% more for me to make up the difference.

I agree. Recently, I realized an uncle is facing acute financial crisis. When age is not by his side (90) and the income has been eroded by inflation, haggling for small small amounts becomes a norm. There is also the fear of losing respect if they sell the home, as out here, people who have homes are respected. He threw his househelp out, because her pay he could not pay.

I agree, it's very difficult to live without enough money, especially lately. I hope you're doing okay and can start a business on the side for extra income. I've been wondering what happened to you.

At my senior age I do it all the time, I live from SS to SS, orser groceries once a month, supplement with additional monies I make online with surveys and such and I survive, Best of luck to you,

Unfortunately I think more and more people are finding it harder to make ends meet. I hope things improve for you soon.

I'm sorry to hear that the rising cost of everything is making you look for a part time job, etc. Hope you find one that pays enough to offset the rising costs.