Standard of living-formula
I have given a formula for the standard of living at the end of this article. Using which you can know your standard of living personally. I firmly believe that you will definitely use it.
What is the standard of living?
The standard of living in the availability of necessities for living socially and economically. It refers to the quality of living. In which the following factors are important. Factors such as social, economic, political, religious, natural, security, and freedom are included.
The standard of living of a person is in the context of a country - income, gross domestic product (GDP), economic opportunity, and life expectancy.Also, read
In my opinion, socially and economically, the standard of living of an individual can be of four categories:
1-Survival
2-normal3-Comfort
4-luxury
Some points can be considered for measuring the standard of living of the following categories of people, such as
1-SURVIVAL
People in this category are economically and socially ranked last.
Food :
In this category, there are people who keep on fighting for two loaves of bread. Their first priority is to get food for two times. Their favorite food is not destined. If these people stop short of one day, then they may have to bring them for two times of bread twice from the next day or the next day. Therefore, they have to earn and eat daily.
The most toiling people in the world belong to this category. Despite working hard, they earn very little. They have a real lack of literacy and skill.
The most toiling people in the world belong to this category. Despite working hard, they earn very little. They have a real lack of literacy and skill.
Clothes :
Due to the majority of the income being spent on food, they are also able to get clothes of low or normal quality, or only to be covered. And they have to be satisfied with these clothes. They cut every season in these clothes - be it winter, summer, or even year. There is a saying that, "Those who have more clothes, winter is more applicable to them."
To illustrate this saying, these people also beat the shivering cold.
To illustrate this saying, these people also beat the shivering cold.
House :
They have a hut or mud house, as a mud house nearby. This house also provides the only shelter. Neither summer nor winter nor year-round is fully protected.
Apart from this, nothing else matters in his life. It is not that they do not want to get any more facilities, but in addition to the basic life-saving needs, they are not being provided to them.
Apart from this, nothing else matters in his life. It is not that they do not want to get any more facilities, but in addition to the basic life-saving needs, they are not being provided to them.
Education :
These people are less educated or illiterate.
Work :
Their job is to work as a laborer or as a servant.
2-NORMAL
People of this category get to live their normal life. They can fulfill their basic needs.
People of this category get to live their normal life. They can fulfill their basic needs.
Food :
They do not face many difficulties in providing food both for themselves and their families. They can get up to 50% of their favorite food. Even if they do not work for a few days, they still have so many resources available from which they can manage food.
Clothes :
People of this category are also able to get up to 50% of their choice of clothes. But they can easily get normal quality clothes as per their requirement.
House :
Generally, people of this category have a kutcha house, semi-pucca house, or pucca house. Which does not have to face many difficulties in any season?
Education :
They have general education and are Minded.
Entertainment :
People in this category have a radio, television, etc., as a means of entertainment.
Vehicles :
They have vehicles such as bicycles, motorcycles.
Work :
Their job is to do a job or small self-employment.
3-COMFORT
People of this category have other facilities with basic amenities.
3-COMFORT
People of this category have other facilities with basic amenities.
Food :
They have enough money to get the food they want. They do not have any difficulties in getting food.
Clothes :
They can wear whatever they want. They have more clothes than required.
Education :
These people are well educated and business-minded.
House :
Their house is pucca, which means all of comforts are available.
Vehicles :
They have both two-wheeler and millions of four-wheeler vehicles as a means of transport.
Entertainment:
Entertaining things, they have their own means available.
Tours :
They go sightseeing and sightseeing within their country, and sometimes travel abroad.
Apart from all these things, they are also able to fulfill their hobbies.
Apart from all these things, they are also able to fulfill their hobbies.
Work :
Their work is business, in which hundreds of laborers or workers work.
4 -LUXURY
People in this category are the richest people. They have a wealth of wealth.
4 -LUXURY
People in this category are the richest people. They have a wealth of wealth.
Food :
Their food is a balanced diet, which has all the nutrients. Other food is also luxurious.
Clothes :
Their clothes are also prized and excellent.
House :
The house of this category of people is like a palace, in which a park or garden and a swimming pool are available.
Education :
These people are skilled, educated, super business-minded, and trained.
Vehicles :
Their vehicles are worth crores and luxury cars. They even have their own flight.
Entertainment :
They do not have the means of entertainment TV and radio, but these people have fun insight and sightseeing places abroad.
Tours :
These people travel less in the country and more in foreign countries.
Work :
These people are big businessmen and investors. They have big companies and projects, in which thousands, millions of people work. They have assets in billions and trillions.
I think people have a standard of living socially and economically in that category.
I think people have a standard of living socially and economically in that category.
Standard of living
Formula:
You can know your standard of living through this formula----------------------------------------
A list of his / her wishes/wishes/dreams of living the life that he/she wants or wants to have: --------------------
Each point mentioned in the following list has to be numbered from 0 to 10 according to the current situation: -----------------
Each point's flower marks = 10 i.e. 100%
The percentage of total marks obtained will be the average percentage of the standard of living of the person.
EXAMPLES:----------------------
1: -Bank Balance-22: -How is the home- (a)-survival?
(b)-normal,
(c)-comfort,
(d)-luxury
--------------
2
3: -Health-5
4: -Cart-0
5: - Travel -1
6: - holidays-2
7: -children's education-4
8: - Mother - Fulfilling the needs of the father - 5
9: -Relation(What did they do for them?) - 3
10: -Social Service-3
Etc. Points related to your life can be taken: ---------------------------
Total Marks: -100Total marks obtained: -2 + 2 + 5 + 1 + 0 + 2 + 4 + 5 + 3 + 3 = 27
Average percentage: -100 * 27/100 = 27%
It is a byproduct of the work done in the past.
To change the future, one has to work in the present.
To change the future, one has to work in the present.
The standard of living
I am sure that by using this formula, you will have identified the weak points of your life, by working on which you can make your life successful and happy. If a person knows the weak side of his life, then success can be achieved by working on it.
Thank you for reading this article and using the formula. Share this article with others so that they can also know their standard of living.
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