Living standard is related to your financial status. If millionaire, for sure his living standard is veryhigh compare to just normal earning people. For just enough for living is normally eating in warong and shopping in Tesco or Giant. For those high living standard is normally eating in comfort and nice place like lounge of the hotel and shopping in 5 star places like Pavillion.. just as example.
How to increase the living standard????
1..Start saving from small or when start working.
2. invest in high return investment like Share market or unit trust
3. invest in instrument that give passive income like housing and land for renting.
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