Economic hardship. Which part of financial relm are we?

Right from time, economic hardship has been dealing with many households. Many people from different parts of the country can testify to the fact that the economy of their country is not helping the growth of the citizens. Only a few can boldly say their economy is well to do and the citizens are living beyond the average level

For instance, the Nigerian economy is a wack. Everything sold in the market has doubled and the income remains stagnant. What about other countries where most citizens are living on less than a dollar per day? I realized there are different levels at which different people live. I've categorized it into 4

It's disheartening that huge number of people fall into this category. If we look at the poverty rate statistics, we would understand that only a few live above a dollar and ninety cents per day. Anyone that falls under the category of survival lives from hand to mouth. Some don't even have a roof on their head. They hardly find it easy to invest even if they know businesses or investments that would yield profit. They only live to survive the day to get the energy to get another meager income another day. Their needs are never met

If you can afford all those simple things that didn't coat much and you feel comfortable without any debt, you are categorized under the comfort zone. It's not that it's all that easy in this state, but it's not also hard. For instance, if $1000 is needed to tackle particular expenses, no matter how it goes, the bills would be settled. This level is different from the survival level. If you are at this level, it's easy to move to the luxury level if your finances are properly utilized (investment wise)

Have you ever heard when they say someone is living a luxurious life? This is a higher level of comfort where someone lives in abundance. His needs are always met. At this level, he can get whatever he wants at the snap of his finger. He lives with ease without any financial issues because he can afford anything he wishes to acquire. But how many people around have the advantage? It's only a few that can afford to live a luxurious life

When you see a man living an extravagant life, no one would tell you before you know. An example of this is OBI KUBANA from Nigeria. You need to see how he celebrated her mother's burial ceremony. He lavished money and his friends did the same. They went as far as spraying money on the street like water. When money is spent on unnecessary things because you have it in abundance, that's extravagance spending. They believe the money would keep coming no matter how much spend on a daily basis

Considering our financial status, where do we belong? We can just answer the question in our minds. Is it survival, comfort, luxury, or extravagance? As we reflect on this internally, we should understand that we can always improve our standard of living by doing what we know how to do best with the whole of our heart and investing in the right things that can grow our finances. Someone said