Income & The Fight Against Inflation

avatar
(Edited)

png_20220626_050457_0000.png



Yesterday, I went to sign some documents that were required to rent a property and the man in charge was talking about how people need to embrace 9 to 5 jobs as the only option was internet fraud after this.

I looked at the cost of rent and the cost of maintenance, plus the cost of other utility requirements that came with this property and I wondered how someone with a 9 to 5 job would be able to secure such an apartment and continue the payments with the level of unemployment, cost-push inflation against the increase in salaries, or the minimum wage and its redundancies.

In Nigeria, the number of 9 to 5 jobs that can comfortably allow people to live well irrespective of the inflation and still allow them to save for a better future is in the ratio of 1 to 10,000.


The Power Of Being Connected

When you have 10,000 people vying for a very lucrative job, along the way, the job is being given to a person that's got the personal connection or relativity to the people who are tasked with offering these.

Nigeria is a country where people depend on degrees to escape poverty, so we have less innovative people whose cannot come up with ideas that can change the narrative and depopulate the labor market.

The government itself is not enlightened enough as to how the effect of digitization can help solve the job scarcity problems, this is why digipreneurship is often mistaken for internet fraud.

The Real Consequences Of Ignorance

Let's be factual, ignorance is the reason why many people will remain poor in the face of deprivation. Being educated isn't being enlightened.

The current generation hasn't done well in the aspect of enlightening the next generation, rather there's we have an uneducated society with less enlightened people, the mental capacity of the average Nigerian isn't wide enough beyond their nomenclature, this is why people are choosing to get education in other to secure a lucrative 9 to 5 jobs.

Now if everyone is aiming to do this, there's going to be a situation where we'll have a very little number of people who owns the jobs and controls huge income, while we'll have more unemployed people who feel that becoming an entrepreneur is settling for less.


The Main Monetary Focus

The focus is on oil and the aim of every young unemployed Nigerian is to work in the oil sector, with a big house and fat salary to their name.

The country itself isn't structured to encourage digipreneurship this is because of the rate of internet fraud and having a government that's more focused on politicking rather than the quality of life of their citizens.

So it falls in the hand of people to take care of themselves and sometimes it's hard to do it in a country with no structural framework. The main reason for this post is to highlight the fact that there's the opinion that 9 to 5 doesn't just foster legality, but there's the expectancy that whatever salary that comes out of it should be enough for people to thrive and still save for the future.

A Side Hustle & Its Inevitability

Majorly, people take care of their expenditures by doing something extra on the side, and sometimes, the time that's required from most 9 to 5 jobs doesn't just limit people, it takes away their abilities to make extra income to fight the influx of inflation. This is the reason why some people work very hard but they're still poor and stagnated.

This is to say that owning most 9 to 5 jobs in Nigeria isn't to liberate people from poverty, it's to just keep them afloat. So most people aren't working to be financially free, they're doing so to be live.

This takes away their quality of life. At the end of the day, it boils down to the lack of innovativeness flowing from the government down to the citizens. To be enlightened, a person must be abreast of the constancy in global evolution. This is where the system has failed woefully.




Interested in some more of my works?


Crypto & The Outrageous Learning Curve: My Splinterlands Journey As A Case Study
Understanding & Adjusting To The Real Purpose Of Motivation
Thematic Expression: African Child (Shot & Edited On My iPhone 12)
How I Create Original Images for My Blog & Why This is Important
Budgeting: Paying Yourself First With Crypto
Establishing Compatibility: A Case For Self-Improvement

png_20220427_140059_0000.png


@Josediccus, your brother-in-pen & heart


I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog


My Twitter handle

Posted Using LeoFinance Beta



0
0
0.000
27 comments
avatar

Watch out for the human traffickers at hivefest. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, DHS, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.

0
0
0.000
avatar

Wao this is insightful my mentor,I agreed with all your point Nigeria is a country with selfish politicians who have no future plans and we the youth must stand to correct this wrong ,thanks for sharing @josediccus

0
0
0.000
avatar

Nice said man.. most of the works in this our very own country are not sustainable yield because those you are even working for do not want you to get a better cut of their own labour so you can be their own worker till when you will become so useless to your own self.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Hahaha I've experienced that. They will use you until you become very useless to yourself hahaha.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yes ooo. That's just it. God should just help the youth of this time and the ones to come. Because no one is ready to help any longer. You are to strive for yourself and get a better life.. That was why I was forced to stop the work I was doing before because one will feel so useless with the kind of money they will pay at the end.

0
0
0.000
avatar

@josediccus this is another amazing and factual writeup of yours. Indeed the decrease in the creativity and innovation of people because they have spent their lives, energy and resources in securing and working in a 9 to 5 job. This stereotype of going to the university in order to get a good paying 9 to 5 job is weakening the mindset of our young and vibrant Nigerians and is the cause of poverty. If everyone is chasing jobs, who then creates the jobs? I prefer building wealth for myself and creating jobs- that's the way out.
Thanks for sharing dear.

0
0
0.000
avatar

Thanks for taking the time to read. I must say that the system makes it difficult for the people to be innovative. We keep voting in people who do not have the economic capacity to change the circumstances of the state we are in.
People who are not doing 9 to 5 jobs are discriminated against.
It is a terrible..... terrible country and quite challenging to survive.

Posted using LeoFinance Mobile

0
0
0.000
avatar

I actually can relate to Nigeria being a country which its people do everything possible to get a degree yet it just doesn't get the population anywhere.

It is more about how many university graduate you have in Nigeria, I am not sure if it is still like that.

The country is full of brilliant minds but the push in supporting these minds isn't just there for innovation.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Even the brilliant minds are tailored to Limitations because of lack of sufficient resources. I'm categorically sure that if I was born in a better country, my life would be much better and adequate by all means.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think that is more of a case all around the world. A general 9-5 is not enough if you aren't minimizing your spending right now. I do think prices will go back down when the supply-chain issues get resolved.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Even if you're minimizing your spending, how about in countries where the cost-push inflation is really high? Generally people need ventures that could earn them more.

Posted Using LeoFinance Beta

0
0
0.000
avatar

One of the things I can't get is why people think that the 9-5 is the ultimate and why whenever you tell them about a side hustle they begin to fret.

One of the biggest problems in Nigeria is this ignorance of a thing and that is where the white people are more superior to us.

I came across an online that had the potential of giving three thousand dollars per month and just because it was online my friends and parents said No to it.

Well, today I know better.

Nice post @josediccus

0
0
0.000
avatar

Hahaha, I weep for that your friend. First, the competition for 9 to 5 is crazy, it becomes really difficult to even think about it.
The idea that any online job is illegitimate is the bane in our society, I think this is where first and second world countries outsmarts us.
If I had my way I'm sure I wouldn't be here any longer, it's absolutely crazy.

Posted Using LeoFinance Beta

0
0
0.000
avatar

leaving the country might not be so hard

0
0
0.000
avatar

Nigeria is full of selfish people and even most upbringing in Nigeria have always been centered on how to be selfish and that’s why the government is selfish and even churches are selfish. Our system is designed in a way to make us remain poor and the power should always be with the government but internet is breaking that and that’s why the government against it

Posted using LeoFinance Mobile

0
0
0.000
avatar

Our system is design to make us remain poor, this is outrightly true, nevertheless, it's crazy that the society isn't still enlightened enough. Nigeria itself is a barrier to growth.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The plight of this nation is so gloomy that you can't even be proud of being a citizen anymore.

The major problem lies in the people behind our recourses, it is not strange to us any longer that these people doesn't want a draft change for this country and this is basically because they are seriously looting the wealth for themselves.

We are being ruled by criminals, even the educated and sophisticated ones are not getting paid for their jobs. Why the youths now find this as an excuse to call Education "Scam" even though majority of them only say this to justify their fraudulent acts.

When I was very little, we used to say out of 100% of the whole citizens, 50% are ready to leave the country. But with the current situation, the whole 100% can't wait to leave their fathers land 😭😭😭😭.

Above all, we just have to set a good example as two WRONGS wouldn't make a RIGHT.

Nice post champ!...keep it coming 😊😊

0
0
0.000
avatar

Well... You've highlighted the problems in the society and it seems we're not getting out anytime soon. It's pathetic. If I had my way, I wouldn't be here anymore, but most times not having enough money is what limits us in all ramifications.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

Yeah that's the problem, they synchronise the masses with poverty so that it becomes so dífficult for them to think. And then they come back to bait them with little things when they need their votes.
The whole system is a joke and it's messed up

0
0
0.000
avatar

Yesterday, I went to sign some documents that were required to rent a property and the man in charge was talking about how people need to embrace 9 to 5 jobs as the only option was internet fraud after this.

Yikes, is this really the mainstream view in Nigeria...?

There are endless legitimate location independent jobs in a whole range of industries.

Fuck that guy.

You've just gotta hustle in the background, get paid and elevate yourself past morons like that.

Put yourself out there.

I have no doubt that someone with your work ethic can land a consistent, online-based role somewhere and make the money you need to pay rent elsewhere.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yikes, is this really the mainstream view in Nigeria...?

This is the mainstream view. The society isn't enlightened enough and this is because they're blinded by the stigma that anything online has got to be fraudulent. A lot of people are into online fraudulent activities though, this one is for sure, but then, the society isn't seeing past this as the only opportunity online.

It's crazy, the situation in Nigeria is more difficult for young people.

I've worked my ass out on a 9 to 5 job for 7 years and was only able to save $500.

9 to 5 jobs here are shitty unless you have huge connections to land you the big ones.

It's why I'm here online grinding.

Posted Using LeoFinance Beta

0
0
0.000