TOZZIBLINKZ
VIP Contributor
There is indeed a thick-obvious relationship between the cost of living of a particular society and their spending habits of a particular individual and although a lot of people do not see this link or relationship between these two but yet is totally exist . By definition the cost of living of a particular society simply refers to the amount of resources a particular individual should have so as to live life freely and satisfactorily in a particular society , for what we know when the cost of living increases an individual spending habits totally decreases especially if he or she is of the low income earners category , on the other hand if the cost-of-living increases an individual's spending habits totally increases even if he or she is of the low income earning category or possibly on the high-income earners category . The cost of living of a particular society must be totally conducive for the low-income earners to spend money so as to acquire the wants and they needs they desire .
In a country like Nigeria the cost of living is totally increased and it has totally made it very hard for a normal individual possibly an individual on the low-income and in particular to leave his or her life without issues and problems . Nowadays people over here do not spend money on things they think it's best for them to have or own , but rather they spend money only on things that they need to survive , and that includes the essential part of food , clothing , and shelter .
In a country like Nigeria the cost of living is totally increased and it has totally made it very hard for a normal individual possibly an individual on the low-income and in particular to leave his or her life without issues and problems . Nowadays people over here do not spend money on things they think it's best for them to have or own , but rather they spend money only on things that they need to survive , and that includes the essential part of food , clothing , and shelter .