Inflation ruined everything

Lukmat said:
In 2015 in Europe it was nice to make $2000-$4000/m to live like a king.
In 2024, you need to make $10 000 for middle class life.
Forget about living like a king

40m2 flat in Poland in city like Warsaw or Wroclaw cost $250 000. 40m2! It's not king life any more.
Rental, food, clothing, fuel - $4000/m in such cities.
It's not normal

Of course you can live nice in smaller city, for $2000/m and with flats for $125 000 but it's still small flat.

People here on BHW are very happy when they earn $20-$50/day - but here even $200/day starting to become problematic.
It's not "get rich" any more. Especialy earning money with free traffic and blackhat is harder and harder each month ;)
Click to expand...

So true. No idea how this will get reversed.
 
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Don't mean to shill crypto here, but BTC is THE hedge to inflation. Saylor talks about it every chance he gets. Happy to post links to his speeches if anyone is interested.
 
Lukmat said:
In 2015 in Europe it was nice to make $2000-$4000/m to live like a king.
In 2024, you need to make $10 000 for middle class life.
Forget about living like a king

40m2 flat in Poland in city like Warsaw or Wroclaw cost $250 000. 40m2! It's not king life any more.
Rental, food, clothing, fuel - $4000/m in such cities.
It's not normal

Of course you can live nice in smaller city, for $2000/m and with flats for $125 000 but it's still small flat.

People here on BHW are very happy when they earn $20-$50/day - but here even $200/day starting to become problematic.
It's not "get rich" any more. Especialy earning money with free traffic and blackhat is harder and harder each month ;)
Click to expand...
It's a global pandemic. It seems every country is battling one form of inflation or the other.
 
1. Invest in assets that have limited supply:
Land
Cryptocurrencies
Company Stocks
and so on...

If you leave your money as it is it's never going to increase in value, just decrease. Make inflation work for you, first step is to start making as much money as possible, buy your time back as well. Move to countries with less inflation, if you have an house/apartment in Serbia you can live with 500-600$ alone per month.
 
Lukmat said:
In 2015 in Europe it was nice to make $2000-$4000/m to live like a king.
In 2024, you need to make $10 000 for middle class life.
Forget about living like a king

40m2 flat in Poland in city like Warsaw or Wroclaw cost $250 000. 40m2! It's not king life any more.
Rental, food, clothing, fuel - $4000/m in such cities.
It's not normal

Of course you can live nice in smaller city, for $2000/m and with flats for $125 000 but it's still small flat.

People here on BHW are very happy when they earn $20-$50/day - but here even $200/day starting to become problematic.
It's not "get rich" any more. Especialy earning money with free traffic and blackhat is harder and harder each month ;)
Click to expand...
Well If a person make $1000 in India per month, IS A VERY HAPPIEST MAN ON THE PLANET
 
Lige is getting hard and everything expensive in some countries life still god others everything is all going from bad to worst, at leat I can say I lieve confortably but I already feel the inflation and how food and medice is geting expensive every month, now live a lone is a luxury you need two or three people in the same house all working and sharing money for common expenses, will have to save money because as the world is going who knows what will be the next change or global problem to shake economy and hit everyone.
 
When you learn an high income skill, inflation will not affect you in any country!
 
I am in China. In fact, I also feel that inflation is very obvious.

Ten years ago, I just entered high school. At that time, my cousin had graduated from college and was working. His monthly income was about 1,000 US dollars (at that time, one US dollar could be exchanged for 6.14 RMB, now it is 7.19). At that time, in some second-tier universities in our country In cities such as Hangzhou (similar to Austin or Denver in the United States), the average housing price is US$2,500 per square meter, which means that it would cost US$250,000 to buy a 100-square-meter commercial residence. But in 2024, the average house price is 6,200 US dollars per square meter. To buy the same 100 square meters of commercial residence, you will need to spend 620,000 US dollars.

The most important thing is that the salary level has not increased. Nowadays, graduates of college students still earn about 1,000 US dollars, and this is an upper-middle level. They need to spend 500 US dollars per month on rent and food.
 
Get a normal salary in Poland and live in Indonesia. You will live like a king
The inflation impact is deep though for local people here... you will need 2-5 jobs with minimum wage here just to fulfil your monthly needs.
 
In fact, this concern you're feeling these few years in Europe and North America is a daily and normal thing for the people of the Third World.
Now you know why people are working for $20
Let's tell you worse scenario, I had a useless 10K USD value in my country (Iran) currency in my bank account, I didn't need that and i had some other investments, after 1 year now it's worth 5k USD value. Without touching, it. The worst is this 10K USD value was 100K USD one day during in my life.
People are to get paid $200 to $500 per month, but the prices are the same as New York.
Most of these inflations are because banks don't have money to give back people money, so they change economy, therefore its user's balance value decrease So they can loan their unreal money to people
The only solution is change the world or change your business
 
Lot's of fucked up mindset in here, instead of posting about inflation and complaining, why not focus on making more and becoming better at what you do?

Change your thinking process, instead of thinking shit is expensive, think how much more money is out on the world, how much easier it is to make money today vs. 20, 30 years ago.
 
umbreno said:
In all seriousness though you guys look like you’re all set for some astonishing property and tech booms. Poland is poised to become the Silicon Valley of Europe from what i’ve heard? Defo would hold on to any property there for now, at least or has that boat already set sailed lol
Click to expand...
Well, nowadays that will be tricky, even the OG Silicon Valley is having issues- https://www.cnbc.com/2024/03/15/lai...ind-jobs-with-cuts-at-highest-since-2001.html

Those US jobs are coming to cities like Warsaw, Brno, Vilnius, etc. - for half the salary and none of the benefits
 
umbreno said:
In all seriousness though you guys look like you’re all set for some astonishing property and tech booms. Poland is poised to become the Silicon Valley of Europe from what i’ve heard? Defo would hold on to any property there for now, at least or has that boat already set sailed lol
Click to expand...
I forgot about Paczkomaty. Our local po boxes. :D

You can send even some stuff like laptops via paczkomaty. Basically big box locked with cameras with phone and code auth.
 
Jack Jericho said:
Well, nowadays that will be tricky, even the OG Silicon Valley is having issues- https://www.cnbc.com/2024/03/15/laid-off-techies-struggle-to-find-jobs-with-cuts-at-highest-since-2001.html

Those US jobs are coming to cities like Warsaw, Brno, Vilnius, etc. - for half the salary and none of the benefits
Click to expand...
Ja pierdole kurwaa

Forget these jobs

I'm still recovering from one of this

The company was straight scam

They paid $10 an hour for $200 an hour job

I got that "burnt out" stuff from this

It's crazy how quickly it fcks you up

Playing with mind is no joke
 
RoboTech said:
That's great to hear! Bangkok is a really cool city, no doubt about it! I was in Thailand at the end of last year, hopping between Koh Samui, Bangkok, and Phuket. Even though I usually prefer island life, I found Bangkok's atmosphere the most appealing, despite it being a big and bustling city.



Fake Yoga gurus in Bali are based in the Ubud area, just like how you'll find them in Koh Phangan in Thailand. But I live in Canggu. Here, the community of online marketer is really great, and the locals are some of the nicest people you'll ever meet. Even though I've tried living in different cities across Southeast Asia, I keep coming back to Canggu. It's just the place for me.

With that being said, lately, it's been getting more expensive because there's a lot of excitement about it. But it's still cheaper than places in the west. You can rent a one-bedroom villa with a pool in a great location for just $600. And you'll even get cleaning services four days a week.
Click to expand...
"ou can rent a one-bedroom villa with a pool in a great location for just $600. And you'll even get cleaning services four days a week." - this is where?

reaaski said:
Ja pierdole kurwaa

Forget these jobs

I'm still recovering from one of this

The company was straight scam

They paid $10 an hour for $200 an hour job

I got that "burnt out" stuff from this

It's crazy how quickly it fcks you up

Playing with mind is no joke
Click to expand...
I know brother, and the worst is that they can do that, because there will be always someone to accept that because inflation is a bitch.

Hubery said:
I am in China. In fact, I also feel that inflation is very obvious.

Ten years ago, I just entered high school. At that time, my cousin had graduated from college and was working. His monthly income was about 1,000 US dollars (at that time, one US dollar could be exchanged for 6.14 RMB, now it is 7.19). At that time, in some second-tier universities in our country In cities such as Hangzhou (similar to Austin or Denver in the United States), the average housing price is US$2,500 per square meter, which means that it would cost US$250,000 to buy a 100-square-meter commercial residence. But in 2024, the average house price is 6,200 US dollars per square meter. To buy the same 100 square meters of commercial residence, you will need to spend 620,000 US dollars.

The most important thing is that the salary level has not increased. Nowadays, graduates of college students still earn about 1,000 US dollars, and this is an upper-middle level. They need to spend 500 US dollars per month on rent and food.
Click to expand...
What about Evergrande? Isn't the whole real estate market in CN in shambles right now?
 
Jack Jericho said:
I know brother, and the worst is that they can do that, because there will be always someone to accept that because inflation is a bitch.
Click to expand...
More like, inexperienced students who never had a job and greedy people who believe IT and programming will save their wallets and family.

We had a software house propaganda that they pay 15k PLN month. That's unachievable in any job before top executives haha.

In reality it's all internships and $1k jobs. Just like any industry. Only top people make money
 
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