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Author Topic: Reason we must do more to be earning in dollars  (Read 349 times)
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January 19, 2024, 05:31:34 PM
 #21

Loook am from this angle now, if 100 dollars dey fit pay ur bills before, e go still pay all your bills today because before 100 dollars na 75k, but now na120k plus.
So my country people, anything or business wey we know say we go fit do in dollars, wey go make us earn in dollars, abeg make we do am, as long as no be wuruwuru or wayo make we try do am to lighten our burden.

This na true talk you yan so for this thread, because due to the high rate of inflation affecting our fiat Naira currency, still having long term funds save in fiats is the worst financial decision anyone can make this 21st century, because with the illustration you just made above how someone who was earning in dollars $100 monthly (i.e 75k six months ago) will still be able to cope with today's economy, I bet you so hard will it be for someone who was earning that same 75k in Naira to be able to cope with today's high price of food stuff. Hence, earning or saving in dollars or Bitcoin is a better option anyone can adhere to.

R


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