SEC17 WK:#4: the effects of economic hardships on families

in Steem Kids & Parents5 months ago
The effects of economic hardships on families

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Economic hardship bites harder each new day, sudden increase in price of goods and commodity affects not only the county's residents, diaspora, but also families too.

For the past nine years in my country Nigeria, things has been getting from bad to worst.
Before the former president, Mohammed Buhari was elected one could have a thousand naira and eat for the rest of the day with a full stomach during ex president Good luck Jonathan regime, one of my favorites president. But now, one thousand can't be enough to buy something tangible anymore.

Increase in price of fuel from #400 to #1000 per liter over night, garri which is one of the most important food in Nigeria is being sold three cups at #500, and one cup of it at #200!. Like I can't began to mention the number of things being sold at high prices.

And if you ask what's the government doing about it? They're busy doing the unnecessary things, like borrowing loans from world banks to maintain their luxury lifestyle and the most annoying thing is the sudden banning of accounts of crypto users, except one changes his or her IP address or you use a VPN which is supposed not to be so!

Nigeria my country is an underdeveloped country, because a country who sees the importance of the knowledge of crypto exchange and forex trading and yet can not give and grant access to it citizens. It's a pity to us in the next how many years to come how it will look like.!

A country that supposed to open schools for training of student, individuals on how to make money in a legit way through crypto platforms? The economy is hard, know that! and it affects every families!

What's this Economic hardship I'm writing about? You may be wondering; it's something that's related to an economy. like a system of production, distribution and also consumption of goods and services in a country.

Also this economic hardship I'm writing about also could be mixed economy, which consists of the emerging of modernization, could be primary, tertiary and quaternary global.

The hardships is already been felt by us. It's already here, the only thing to do is to find strategic ways to elevate our standards, to help lessen the effects of the hard ship so we can all survive. In times like this as families, business women and men are doing the following things;

Cook at home: it may sound somehow, but you can agree with me that buying food outside is costly and it's not even enough.

Cut expenses: you can leave the unnecessary things for now and focus on the pressing needs.

Budgeting: most persons do not plan how the go about their spending in a day and in this hardships times, one ought to have a Budget.

Agriculture: you can start by producing food crop, which instead of buying from the market you can go get yours from your farmland or even garden and this will save you some unexpected expenses.

What I have faced ever since the economy hardship bits

Countless times I have seen my dad give up his last cash for us to buy meals which is not even enough and goes out to work with an empty stomach! It pierce my heart and I wish we had at such times.

Another time, I had #3000, which I wanted using to cook Afang soup but little did I know that it wasn't even enough as you could even be surprised like the leafs too was costly and in small sizes despite having to buy at the main market!

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Money doesn't have value as things gets high. some persons are subjected to adjustments and Management.
And maybe, just maybe when we stick together as family, with love and start working for the improvement we will succeed!

Never the less, I invite my friends to also participate in this contest and I also await to read theirs @victorlives, @adachukwu, @vudeme123.

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 5 months ago 
MOD's Observations/suggestions

Thank you for participating in the Steemit Engagement Challenge Season 17 in the Steem kids and parents Community.

After reading your post, I am realizing that the situation in your country is really very bad. The situation is the same in our country as well.

The biggest thing is that now if someone becomes the President, then it is only for his own selfish reasons, to increase his power, for his own comfort, he fools the public and gets votes and reaches a high position.

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 5 months ago 

My dear work hard so that your children will have a better life and also when you make it try and remember your parents because their sacrifices like that of your dad is out of pure love.
Someone like me, my mom is my world and I'll do anything for her.

Means all government do same thing like my Indian government does. They have borrowed 80 k dollar from world bank just to launch bullet trains ..what is use of this? Absolutely right that they are busy to make their lifestyle luxury without thinking common people and even they are closing doors of income too. I seriously hate it.

I agree with you that things started this bad from 9 years ago with taking any sides. And the problem is that things will continue to take this side until we get our electioneering process correctly to help weed out these bad leaders. Thanks for sharing your piece and goodluck with your entry.

Greetings,
the current economic hardship of the country may be traced to the administration. They have decide to close their eyes on matter affecting the citizens. Their eyes are opened on thing they are not supposed to do like banning of crypto trading.
The question is has cryptocurrency posed any harm on the country or they are doing for their interest. At this point, I don't know what to say but this matter should be looked into. Good luck on your entry.

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