The Standard Way of Living
The right for an adequate standard of living requires everyone to enjoy the necessary subsistence rights which would be having adequate food and nutrition, housing, clothing and also the necessary conditions of care when required. The important thing is that everyone should be able to without shame and without unreasonable obstacles to become ordinary in everyday interaction with other people. This in fact is why it’s important that people are able to enjoy their basic needs in conditions of dignity. No person deserves to live in conditions to where the only way of how they are able to satisfy their needs is through degrading themselves or perhaps to deprive themselves of their basic freedoms through begging, forced labor or prostitution.
In pure material terms, adequate standard of living implies on the case of living above the poverty line which according to the World Bank includes two elements which are the expenditure necessary to buy a minimum standard of nutrition and other basic necessities and further amount which varies from every country, which reflects the cost of participating in everyday life of society.
Economic, social and cultural rights are the things to which instruments and helps establish the principle of the progressive realization to where this principle does not exclude an immediate obligation or the steps towards this goal must be taken immediately. Another addition is on the prohibition of discrimination of any kind with regards to access to adequate food, clothing and housing on the grounds of sex, color, race, age, language, political, religion or other opinions, property, national or social origin, birth or other status with the purpose of nullifying or in impairing the equal enjoyment or the exercise of its rights, which is an immediate obligation for state parties to the major human rights treaties.
The standard living if a person is not determined only by himself or base on his desires. He also needs to consider what the society expects of him. It is a compromise between what he likes and what the society expects.
Quality of life in fact is a highly subjective measure of happiness, which actually is a crucial component towards various financial decisions. Factors that plays a role on the quality of life will have its variation based on your personal preference, but it mostly includes family life, financial security, job satisfaction, health and safety. Financial decisions mostly involves a tradeoff to where quality of life is decreased to help save money or that the quality of life is increased through spending more money.