SEC17 WK:#4: the effects of economic hardships on families
Hello Steem Kids & Parents |
|---|
This contest is organised by @steemkidss. In this contest we need to write about the effects of economic hardships on families let's write and explore our experience.
The effects of economic hardships on families |
|---|
Money is very important for every work. My family's financial condition is not good. I have shop at main market but my elder brother is main owner of this shop, legally I have write on that shop, but I have to work under him and have to follow all wrong decisions which impact on financial condition.
It is very hard to cover all monthly expenses what we earn from shop. Reason is online market is killing offline sales and that's why there are very less customers come in market and competition is getting high because customers compare rates and services with online and profit is going down day by day.
1. We are doing seasonal business so In season, we earn which may cover expenses but in our of season, it is very hard to manage monthly expenses and that's why debt are increasing on us.
2. Due to low income, we are not able to plan for any health insurance or any investment plan because income is low so we are not able to plan for safe future.
3. Due to low income, we are comple to live in renting property which is situated near at drainage which is very low location. We can not think to buy new house or even to change this renting home.
4. I am father of little daughter and this year I was thinking to get admission in school for her but I have to wait for next year because this time I am not in condition to manage school expenses. I want best education for her and I want to get admission in convent school where she will learn all activities, English speaking but don't know how will it be possible because convent school's fees are really high.
5. There are a lots of pending construction work in my house but I am not able to touch that work because of low income
There are many problems, we are facing due to low income. In India, our Prime minister promote online business, he does not think for offline shop keepers, government increase price of daily use items which impact on monthly budget, income is low and expenses are high so it is very worst condition for us.
What have you done to help or how are you all coping with it? |
|---|
I am optimistic person and I believe in hard working and I am fighter. I have seen many struggle since my childhood. I work in shop from 11.30 am to 9 pm and there is no helper at my shop so I do all my work alone without any help but still shop's earning is not sufficient for monthly expenses.
So I work in Steemit also and trying to earn that much money per month which will help me atleast to pay school fees of convent school.
I also work on few platforms to earn extra money but this makes me very tired because I work hard about 17 hours and even I don't consume good diet because if I will spend money on protein, gym so how will I manage my expenses so I have to adjust in many conditions.
Conclusion |
|---|
In India, offline shop keepers are facing very serious issues and sales are going down day by day and government does not want to think over this. They shouldn't bring some good plan, I mean I am not against with technology and new things but atleast they can charge high tax from online sellers so atleast if customer have time to they will come to offline market and if customers don't have time and have enough money to pay online so they can go with online market. Atleast do something for offline shop keepers.
This time, everyone should work and and try to generate more income resources and invest small portion for good returns so it will help in future or for rainy days.
I would like to invite my few friends for this contest :@sduttaskitchen, @patjewell, @jyoti-thelight
Thank You |
|---|
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.
Dear @yourloveguru , i can see that this hardship has affected you and your family in so many ways i just wish it wouldn't have been hard on people like this, best of luck dear
It effected my daily life and my future too. If income is low so how will I plan for future . My other relatives are growing by their status and we are doing hard work but still can not beat with inflammation. Thanks for your kind words.
Your most welcone dear
Thanks 😊 it is my honour to talk with you on serious issues and this way I got to know some good budget plan which helps me to manage my expenses. Thanks a lot and thank you Steemit
Your most welcome friend
It is wonderful talking to you. You are kind hearted person . I wish my God will help you and you will not face any hardship effect in your life.
Thank you for the nice compliment, it was nice talking to you
Same here. God bless you and keep earning and keep smiling.
It is so sad to think that technology is making it difficult for shopkeepers. To crown it, AI is also coming with a big wave!
I wonder where this is all going to end.
All that we can do is stay focused on our family and work hard, like you've been doing.
Good luck! Not only for the contest but also for your business.
PS: Thank you for the invite; I have entered.
Thank you that you gave me blessings for my business, this time my shop owner also want to evict us from property. We have rented there more than 70 years and he is also taken land on lease from some one else ...and now he wants to sell his whole building and that's why he is making plan to evict us and shop is our main source of income .My baby is little and from next year study is going to start and what is next ? I am really worry. In Steemit I am working hard but not getting good results and I am very depressed now. I am not getting votes from big curators and even I am in hope that one day some one will notice my work.
When I go to home 9 pm from shop . I feel tiredness and want to play with my daughter but I stay away from her and work on here just to earn for her education let's see when my God will listen.
Life is not easy. Not outside in the wide world, and not on Steemit either.
Just keep on doing what you are doing. I remember a time when you received ample votes.
Don't give up and focus on your own blog, good quality posts, great comments, and support for your fellow Steemians.
Good luck!
I like that you remember me as son, yes I am working hard without thinking result. Hope your blessings will be with me always
Without money a person is absolutely nothing. You are absolutely right and I am very sad to hear that your daughter is not able to go to school yet with your financial issues so I will say that your daughter Good luck and let him fulfill all your wishes and you fulfill all his wishes and he will be like you if he speaks English and goes to a big school. Will grow up and take care of her and then she will take care of you too. This and your game or I would definitely like to meet your daughter. Very dear and you must tell me how much the school expenses are here?? because schooling here has become very expensive.
Yes, I could send her but that school was not good and their community was not good and now a days education is important but also children has to learn basic societies rules and activities where government school is not up to mark. I am working hard hope next year I will get admission in good school.
Greetings,
This economic meltdown has totally affected our lives and the way we lives. This period is one of the tempting and punishing period we have ever seen. The fact is that online marketing is gaining ground over the offibe one. This is because of the competition and other factors in the market ecosystem. I how you and your daughter has the best life despite this challenging time.
Good luck on your entry.
Yes absolutely right due to online , offline work and business are getting effect. This is most challenging for me to cope for my daughter and bring good luck for her. I am in tension but never express to my family because I am their hopes
It is great to see how much hardwork you put everyday to cope with the economic hardship in your country. It is not easy as there has been economic hardship in almost every nation. Saving or reinvestment us difficult to achieve too. I pray we have better days ahead.
Nice content from you.
Where income is low so how will you plan for reinvestment or how will you save money for rainy days. All things depend on good income. Income flows should be good then we can plan and predict future.