Living costs are not so sustainable

What's up, everyone? It's me intishar once again here with my another blog of Hive learners. I am from Bangladesh and my country belongs to the category of developing country. So the economic condition of my country is not so impressive like developed countries and it's normal also.

Let's talk about the living costs of my country. The price of necessary things is very cheap compared to the developed countries. Suppose a USA citizen came to my country to stay a few months then, He may feel he came to paradise. In my country, he can spend his life luxuriously at least 3 to 4 months using the same amount of money that he spends in his country in one month. Can you imagine the difference? It's huge. I think in developed countries living cost is naturally greater than developing countries. Again their earning are also huge there compared to developing countries. Even if in my country the product prices are very cheap then my country's people also earn very little. The difference created between developed and developing countries is in developed countries people are capable enough to save some money for their future or for their investment but in the case of developing countries it's not like that and most of the people can't save a good amount of money for their future or can't save some money for making the investment.

It can be easily said that the earnings of developed countries are sustainable and in the case of developing countries it not so sustainable. From another perspective, it can be said that in developing countries most people living their life below the poverty level. So comparison between earning and spending between developing countries and developed countries is illogical from my perspective. I think the comparison between the current living cost vs the living cost between a few years ago and the current income vs the past income. I think a 2-year difference is enough to see the difference. In the last two year the price of every necessary item especially food has increased more than twice. The price of petrol, soybean oil, and other oil also increased by more than 2.5X. Technological devices have increased more than 1.5X to 2.5X based on product. Transport costs increased and that thing created an impact on each sector because almost all the things are related to transport.

Let's talk about my earnings. On average I can earn more than 150 dollars each month by doing tuition although, at the current time, I stopped it completely because of my ongoing exam. Moreover, I can earn a little also from online platforms. Using the money I try to help my family financially as much as I can. And I am capable enough to survive with current situation also it's also creating negative impacts.

If in any case, I get the opportunity to live in another country I may not choose to take the opportunity at the current time because in the current time living in a developed not a possible thing for me as my earnings are not enough. But in the future, I would consider the opportunity to take if I enter in job sector because as well as I know in developed countries the salary of a job is much higher than in my country, and compared to cost, it is sustainable.

Unfortunately, that kind of opportunity doesn't come to anyone itself because one needs to create that kind of opportunity. In my case I am facing not tough time but enough difficulties with inflation and creating a balance. So I am not thinking to go another country and I think thinking about it will be difficult also because in the future I can't see any positive signs about the ongoing situation. Moreover, I have some other reasons for which I don't think I am ready to live in other countries.