Why is it getting so difficult to make money?

[Jasz]

There are a variety of reasons why people may find it difficult to make money. Some possible factors include a slow economy, a lack of job opportunities, increasing cost of living, and competition for jobs. Additionally, technological advancements and automation may also lead to job loss or a decrease in wages for certain types of work. It is also possible that an individual's personal circumstances, such as low education or skills, lack of access to resources, or discrimination, may make it more difficult for them to find well-paying job.

Another factor that can make it difficult to make money is the growing income inequality, where a small percentage of people control a large portion of the wealth, making it harder for the majority to accumulate wealth and attain financial stability. Additionally, the cost of education and healthcare are also rising, making it harder for people to afford these essential services and invest in their future. Additionally, increasing levels of debt, both at the personal and national level, can also make it difficult for people to save and invest money.

Lastly, the COVID-19 pandemic has also had a significant impact on the global economy, causing widespread job loss, business closures and decrease in demand, which has led to an increase in financial struggles for many individuals and families.

 

[Imran Noori]

Unemployment rate is increasing day by day and this issue has several reasons as you mentioned, I think over population can also be a reason of high rates of unemployment, day by day population of the world is increasing and also the demand for employment is increasing.

Beside that, the improvement in technology is also a reason of unemployment, many big companies and businesses use machines instead of humans so joining in these companies would be difficult for people.

We should be prepared for worse because everyday the world is changing and we should adapt ourselves with the changes and update our knowledge and skills.

 

[rubesh]

There are a variety of reasons why people may find it difficult to make money. Some possible factors include a slow economy, a lack of job opportunities, increasing cost of living, and competition for jobs. Additionally, technological advancements and automation may also lead to job loss or a decrease in wages for certain types of work. It is also possible that an individual's personal circumstances, such as low education or skills, lack of access to resources, or discrimination, may make it more difficult for them to find well-paying job.

Another factor that can make it difficult to make money is the growing income inequality, where a small percentage of people control a large portion of the wealth, making it harder for the majority to accumulate wealth and attain financial stability. Additionally, the cost of education and healthcare are also rising, making it harder for people to afford these essential services and invest in their future. Additionally, increasing levels of debt, both at the personal and national level, can also make it difficult for people to save and invest money.

Lastly, the COVID-19 pandemic has also had a significant impact on the global economy, causing widespread job loss, business closures and decrease in demand, which has led to an increase in financial struggles for many individuals and families.

Overall, there are a variety of factors that can make it more difficult for people to make money, and it is important to take these into consideration when looking at solutions to improve financial stability. You can find more information about this topic by researching online or speaking to a financial advisor. The important thing is to take the time to understand the factors that are impacting your ability to make money, so that you can take steps to improve your financial situation.

 

[Activator230822]

For me I occasionally find online earning too difficult for me. This is simply because most of the time you can see the earning of $ 0.01 online requires a lot of hard work, time, time consuming, and too much consistency as compared to the offline jobs whereby most of the offline jobs pay a normal minimum rate of$5 per day in. Let's say that is the minimum but you can earn more than that.
On the other hand it's almost impossible to get an online work that can pay you $5 unless you are very much skilled with experience.
However there were some paid to post sites that were paying posters reasonably but all the well paying sites closed down business and those few ones that survived reduced their payment rates drastically. Due to this it's even difficult to get people into the earning sites since online working is becoming unworthy for one doing it

 

[saoussen5765]

The paying rate of earning sites still stagnant to little pay, the life inquiries are increasing everyday and every month means if you earn half a dollar a day this day it could be enough but in next coming years half dollar value will decrease even to quarter means if website earning doesn't increase reward this means it will not be enough for daily little expenses. This is the hard task or equation for earning te money online and getting paid. What deserves for pocket money this day will be just wasting time in next coming days. Multiply websites of earning is required.

 

[SHAHID987]

There are several reasons due to which it turned difficult to make money nowadays, one of which is inflation which turned remarkable high or all time high. Cost of living is increased tremendously, there are lack of jobs. I was thinking as it is only difficult in my city or country but when I searched deeply then I find it out as it has become the global problem. Previously here, head of the family was only earning and rest of the family members were getting its benefits now it is required to work and earn for all family members to meet the basic necessities of the family.

 

[Johnson2468]

Due to a number of variables like globalization, technology developments, and economic unpredictability, making money has gotten harder over the past few years. The rise of globalization has boosted competition since businesses from around the world may now access new markets and compete for customers. The ability of businesses to automate processes has also increased thanks to technological developments, which has decreased the demand for human labor and made it more difficult for people to find well-paying jobs. Additionally, economic volatility has made it more challenging for people to save and invest their money due to high inflation, rising debt levels, and slowing economic development. To overcome these obstacles, people must be proactive in looking for new jobs, improving their skills, and creating a solid financial plan to assure a secure future.