SPENDING BECOMING MORE EXPENSIVE

Looking back in time when we are in the time of recession and we do complain that things are costly but we never knew that was just a tip of an iceberg but now looking at the recession it can never be compared to how it was then checking for 5 to 6 years ago, I am still yet to go into the topic in full just in comparism of how things use to be then which we do complain but now those things are now high in the price which they are been distributed out.

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This topic didnt just come in without any deep thought and its just about what happen to me recently and i literally knew that happened i can know the reality since its been a while i did some spendings myself and i use to see people complain avout how much they spend on things but i never believe for once not until earlier this week when i tried doing those things myself.

My Reasoning

The cost of getting things now increase suddenly in price and this just happen without giving any sign to all so the hike in price is just always with suprise and when things really go up in their original price, it is very hard for it to go back to its original price. So to my resl reason and the motive behind this topic which i chose today.

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Three days ago when i was opportuned to hold the sum of #50,000 which is fifty thousand naira in nigeria currency and i just want to put a breakdown on how that money went within a short period of time. I thought that amount of money was worth it just like it use to be then but imeediately i got the amount credited in my account and i decided to have a little budget on the money, after few mentions, i just realised that no money is left again and that #50,000 could not go a long way as it use to be. Spending which we thought it is very cheap then have now become so expensive.

Is it worth It

Taking the sum of #50,000 outside just to get things at home have now become just as if someone is taking #1000 out to the market to get something because this amount is just multiple of initial price slated to get things. To spend now is now becoming more expensive than normal and the means of survival is now high than expected, I hope the rate of spending will be cheaper soonest and the means of spending will go low which will normalise the high rate of spending. Any plan on spending should be put on high price because it initial plan might already be higher than the price which will be met at any purchase point.

The means of getting more income is also very hard and still that doesn't stop the hike in spending, a very big factor to be considered and tackled.

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