19/07/2023
All over the World,*INFLATION* is the order of the day so it's no news that fuel price in Nigeria has increased from N195 to N600+.
*The attendant effects:*
1. Increase in cost of food items
2. Increase in school fees
3. Increase in cost of transportation
4. Increase in cost of spare parts and other maintenance items for vehicles
5. Increase in house rents
6. Increase in health risk
7. Increase in other unforeseen circumstances.
You will notice that all are increases which are not positive. Even an increase in salary will not totally cover the chain effects of the fuel increase.
Then what do we do?
At a time like this, the best and first solution is to look for ways to manage the situation.
*Possible ways:*
1. Look for extra source of income. How? Commercialize your talent/skill turn it to resources.
Get additional job on part time basis.
Look for things you can do that will generate income - no matter how small, it will go a long way.
2. For married couples, this is the time to work together in unity. This is not the time of - “you do your thing while I do my thing.” Take decisions together in agreement, prioritize your needs, support one another, etc. This season will test the commitment of couples.
3. This is not the time for a spouse to be idle. Before now, it's not easy for one spouse financing the home fronts, this present economic situation makes it tougher. All partners must generate something substantial to the family.
4. For single parents, you can add this - manage within your means, educate your children so they can bear with you if adjustment has to be made here or there. God is our strength!.
5. Watch your health. Medical items will go up. It's cheaper to maintain good health than to manage a sickness. Watch what you eat, drink. Rest and exercise.!
Natural Products are the best now.
7. Cut down on your frivolities. Reduce parties. Reduce eating outside - it's cheaper to cook at home.
6. Finally - Pray. Let's all put our hope in God.
