Hello my dear friends. I am one of your friends. My name is Kartik Agarwal. I live in India. I am participating in this contest of Incredible India Community. So I am going to start my blog. So let's begin without wasting time;
Nowadays, in this time of inflation, financial difficulties have greatly affected families. Because sources of employment are becoming scarce day by day and inflation is reaching its peak due to which people have to face financial difficulties. Most of the people facing financial difficulties are from middle class families who, despite not earning enough, take care of the comforts of the entire family members and try to fulfill their every possible need.
Nowadays, in a middle class family, even after cutting a lot of expenses, all the savings and earnings of the person are getting exhausted due to expenses like children's education, home ration, petrol, electricity bill etc. and the savings of the families are getting exhausted. Due to which families have to face financial crisis. Sometimes due to these reasons, discord occurs in families facing financial crisis and the head of the family sometimes has to take wrong steps.
The economic condition of every family is also affected by the taxes imposed by the government. Because the government has imposed the burden of many types of taxes on the general public. The general public has to bear VAT, water tax, house tax and many other types of taxes on traders. Due to which the poor man is becoming poorer and there is no significant impact on the rich man. But it still has an impact. Unless there is any improvement in these areas, all families will have to grapple with the seriousness of the economic situation.
The main reason for the economic crisis is the lack of employment and sources of employment. Educated people are facing economic crisis by becoming victims of depression due to not getting jobs. Adult members of a middle-class family will have to take concrete steps to cope with the financial crisis, such as, if possible, every busy member of the family should do some work and save money, reduce their unnecessary hobbies and other expenses and small- By saving small amounts, financial crisis can be avoided and a happy life can be lived.
And the financial crisis can be overcome by making these small efforts, there will be happiness in the families and in the families where there is happiness, the financial crisis does not matter. If every member of the family lives happily together then The economic crisis does not matter there.
I want to invite my friends to take part in this contest: @sduttaskitchen , @goodybest , @o1eh .
Thank you for participating in the Steemit Engagement Challenge Season 17 in the Steem kids and parents Community.
This your entry tell about the financial difficulties faced by middle-class families due to inflation, scarce employment opportunities, and heavy taxation. You've highlighted the struggles of families in meeting their basic needs, such as children's education, household expenses, and savings, despite cutting expenses. The impact of taxes on the general public, particularly the poor, is also a significant concern.
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Thank you so much for evaluation 🙂
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Hello @barbareek, I agree with you that the middle class people are drained in the economic hardship, I also feel that the lower class suffer more of this hardship than the middle class.
Not earning enough after the hard work is crazy but we have to keep pushing and believing. This hardship is something we have to prepare ourselves before it comes. The higher class people do not feel the heat coming from the hardship because they planned themselves. I wish you all the best
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Thanks dear for your valuable feedback.
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TEAM 2
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Thank you so much respected ma'am
@chant
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