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RE: ARE YOU BULLISH ON HIVE
I think my greatest investment is HIVE too.
However, unlike where you are, fiat jobs here pay waaaaaay more than blogging on HIVE. Last time I had a traditional job was back in 2019 - and the pay was $16 an hour. It was HORRIBLE pay, and the only reason I accepted was because the job was walking distance from my house, and I was scheduled to work between 9am and 2pm which meant I could take the kids to school and pick them up, but the budget was really tight.
In fact I would not have survived on that income if both my husband (who does not live with me) AND my father had both given me a stipend.
Minimum wage back then was $12 an hour, now its $15, but most jobs around here pay $18-$21 for entry levels.
The good thing about that means that all my HIVE earnings get to stay on HIVE - and wow, they sure do grow. My blogging earns in bits and pieces but the interest rates, and the games and all the other things on the blockchain make the account grow.
Now that its grown I look at the account every month and consider powering down, however, I know that I would spend the money in a month or two, and here, it can keep growing and fund my retirement.
Wow... Unless the standard of living in your country is high $16 is a huge amount here and to think that you can get that per hour.
Minimum wage here is $70per month, that $2 per day and barely a cent per hour...
The work is very very stressful too. You resume by morning and close at night.
Besides the jobs aren't readily available.
If I have your kind of pay here I would be rich without support 🤓.
Maybe standard of living in terms or rent and others may rise up to meet the wages but if all things remain the way they are, your minimum wage can make anyone here get rich easily.
Thanks for your engagement on my post.
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I live in Southern California, the cost of living is ludicrous, though I fully understand that the work (at least the work available for me) is "easy" work, it still needs to pay at least that much to be able to afford life.
The job consisted of sitting in an office (air conditioned) and answer phones, or file paperwork, and send emails out etc.
I know we have it good, so I am not complaining, just noting differences.
My home for example, cost $650,000 and is an "average" sized home, yet on the older side. It was built in the 1950's and needs constant and consistent repairs. I love it, of course, but one would think that $650,000 would equal up to something GRAND, not average.
My four kids and I spend about $1200 a month on groceries. I make sure to buy them as much organic stuff as possible though that's getting tough with inflation.
I also have a home garden. I could do better though, when I was living off of $16 an hour I was spending 696$ on groceries, but there were only three kids back then.
My utilities include water, sewer, gas, electric, phone, internet... about $700 a month
Then there is house insurance (mandatory cause of the mortgage) car insurance (mandatory in california), health insurance (mandatory as well) and those.
We do live nice, and we do enjoy our lifestyle, but we sure do pay for it.
I would say that the people around me all spend about the same amount of money on stuff, though I have four children and that really is an anomoly out here - most people have two, and we are in "big family" territory.
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You know, this is where each country's currency and exchange rates come into place. That $16 per hour is
hoogehuge money here. Not that huge but when calculate to about 8-12 hours of work each day. My dear, I am almost a millionaire by the end of the month 😂I understand.
Let me know how much you pay for your housing, and get ready for me to start crying.