βLetβs take a painful trip down memory lane
βThe year is 2016. I just graduated. My first fulltime salary?
βBut wait ... the dollar hasn't been sleeping either. Thanks to US inflation, that $245 in 2016 is worth about
βIf we take that inflation-adjusted $330 and convert it at todayβs CBE rate of 154 ETB, do you know what we get?
βπ₯ 50,000 ETB. π₯
βThe Conclusion:
To live the exact same lifestyle you had with 5,400 birr in 2016, you need to be earning 50,000 birr in 2026
βLet that sink in
βThe year is 2016. I just graduated. My first fulltime salary?
5,400 ETB. back then, with the rate at 22 ETB/USD, that was a respectable $245βBut wait ... the dollar hasn't been sleeping either. Thanks to US inflation, that $245 in 2016 is worth about
$330 todayβIf we take that inflation-adjusted $330 and convert it at todayβs CBE rate of 154 ETB, do you know what we get?
βπ₯ 50,000 ETB. π₯
βThe Conclusion:
To live the exact same lifestyle you had with 5,400 birr in 2016, you need to be earning 50,000 birr in 2026
βLet that sink in
π’19π9π―5β€1π₯1
Forwarded from Fana Media Corporation S.C (FMC)
α¨αα¨αααΉ 2026 α α²α΅ ααα΅ α αα£α α α αΈα«α°α α α²α΅ #α α²α΅ α α α£
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