Inflation is now moving faster than lightning and guess what's trying to keep up with it, our Paychecks. This race is like putting an Olympic Athlete who has familiarity with the tracks side by side with a ten years old boy ,who hasn't had breakfast. We definitely know who would finish first.
In times past everyone was comfortable and your salary takes you from payday to payday , (time duration 30 days).
You need not worry because definitely you'd get sorted at the end of the month. Life was easier, but with the current race life is moving away from having "The Rich, Middle Class and Poor", now it's either You're Rich or Poor.
Splitting your salary wasn't a hard decision to make , you'd just take what you need a throw the rest into a savings account.
Right now before you blink the money is gone , hardly any means to even save money.
Today in our present Economical Crisis in Nigeria Inflation has deeply eaten into our pocket rapidly and quietly.
The tax now increases life now gets harder and prices in the market constantly change there price like it's a meme project , that Degen traders trade on .
One minute you have the price of something at $1 , you go back for the same item the following week, it has touched $4, but the same salary.
Nothing changed in Salaries but market price increases everyday.
It's not as though your salary was reduced as the month goes by, it's just that prices of goods rapidly increased.
Our Money is loosing value , and it's happening so fast that paychecks can no longer keep up with the race.
In some companies Salaries are reviewed once a year, but that's by some sort of miracle. If you have a boss that has a heart of gold, a few bonus could be given to you, but that's all about it.
Even with the new reviewed minimum wage, most government institutions are still not paying the minimum wage.
Yet the citizens still have to cope somehow.
Salaries don't move an inch from where they've been in the past 4 years, but the same can't be said for the prices of goods.
With all these inequalities and Economic Imbalance it's impossible for one not to have so much as an Emotional break down.
You work, so hard putting in the effort to make it happen , but then again looks as though all efforts are thrown into the bin.
It's one thing to have money it's another thing for it to be able to meet up the basic needs and necessities for our daily living.
