How did you managed life with the higher cost of living with low salaries?

IB D

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I have tried to adjust my lifestyle. I have cut down on how much I eat snacks and I manage every resource like water and power so I don't incur extra costs.
 

Cam

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We're all dealing with this issue. Until the inflation calms down, you just have to make the necessary cuts to keep the wheels spinning. We've been eating out a lot less, for example.
 

Fidelia

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For me, I don't host people as much as I used to anymore because of the boring inflation. I just try to be staying alone in my house to manage my little resources so as not to accumulate more bills.
 

freelancermaria

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Oct 24, 2022
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I used to spend money on things I did not really need, but now I have cut back. This way, I can manage to cover some of my expenses, even though it is tough most of the time.
 

Passiveearner

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We're all dealing with this issue. Until the inflation calms down, you just have to make the necessary cuts to keep the wheels spinning. We've been eating out a lot less, for example.

This is a very huge problem in my country. The cost of living has increased tremendously. However, salaries of people are not increasing. The best way to deal with this problem is to cut down cost of living. Moving to a poor neighbourhood is something many people in here are doing right now.
 

nomad

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I will downgrade my life if my income is not enough to pay bills. For instance, I will move to cheaper place to cut my living cost
 

Sanjeev

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Make a budget and prioritise your expenses as much as you can.
Cut unnecessary expenses.
Develop some additional source of earnings.
Focus on essential expenses.
Creat emergency fund account.
Save bills like electricity, water , gas by avoiding wastages.
 

Sawe

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May 14, 2024
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When I was earning really low income yet the cost of living was high, I opted for living at home with my parents. Good thing I am still young and single, but I still had to buy most of the things for myself. So I also opted to increase my income by working online.
 
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