I should be happier this month, the day that only comes once a year. Looking at my financial status versus the recent huge price hikes on the basic needs, there isn't much reason for me to stay happy. *sigh*
The prices for things like cement, bricks, steel and other raw materials for building construction has shot up this June. Besides, the price for rice and other edible stuff has also increased. How do we overcome the situation when the increment of our pay check is never in line with the inflation? *sigh*
Today, the government has announced the new price for petrol is $2.70 a litre, effective midnight tonight. The price goes up by $0.78 from the current $1.92, a hike of 40%. That means, with the same amount of mileage, it will cost me $90 extra per month for the petrol and that would make up $1080 a year since the hike. Although that wouldn't take up much of my salary, but imagine... the price of rice has shot up about 30% this month resulting in a pack of 10kg rice costs around $45. Price hikes cause chain effect in the entire market, the hawker has increased their price by 10% to anticipate that, and I definitely need to pay 10% more for a simple meal, i.e. if I am paying $500 per month for food, I guess by now I have to pay an extra of $50 for the same old things or probably smaller portion. Do you feel the pressure of life? Still no? Well, put yourself into my shoes, the government decided to have majority of the raw material price for building constructions lift when I am just about to start the renovation of my new house with great extension. Will I need to revise my extension plan? I hope the answer is no. Whatever it is, I'm struggling so hard to survive in this ever changing and very competitive world.
God bless me! It's my birthday this month and I hope the prices will go down tomorrow. However, people say any wishes make that are known to others will not come true. True?