Relationship existing between cost of living and spending.

[CALVINDOL]

There is indeed a visible and clear relationship between the cost of living and an individual spending habits , first of all for us to clearly see the visibility of the relationship existing between cost of living and their spending habits of individuals is most festival understand what is a cost of living . By definition or description cost-of-living totally refers to the amount of money in which a particular individual whether young or old, big or small, short or tall, matured or childish will have to spend so as to sufficiently and adequately get his or her needs and wants satisfied . The cost of living is usually determined on how exchangeable and commercial-known the country's currency actually is . In a country like Nigeria the cost of living is considered to be very high in the sense that our country's currency is probably losing its value and so for an individual to enjoy the good things of life or for an individual to get his needs and wants satisfied he or she must have to spend more than usual amount of money expected .

Believing we all understand what the concept cost-of-living is , we can physically and visibly see it relationship and link to an individual spending habits . If the cost of living of a particular country is high in value an individual is more likely to spend less or spend his or her money in moderation but when the cost of living of a particular country is low , an individual who is more likely to spend more money .

 

[TOZZIBLINKZ]

There is a so much existing relationship and link between cost of living and an individual spending habits . Most of the countries and regions of the world have high cost of living and by definition and description the concept of cost-of-living refers to the amount of money and individual will have to spend so as to successfully and sufficiently enjoy the good things of life and when the cost of living increases and individual is more likely to spend less so that he or she may not run out of financial funds , another other and when cost of living is low or in a decreasing rate and individual can spend more on what he or she desires and wants .

In essence the cost-of-living of a particular country totally depends on the value of the country's currency and it becomes a particular country diminishes in value the countries cost of living is more likely to increase as if the country's currency has more value the cost of living is possible to decrease and life will be more and more easier .