Frank Talk.Currency convertion is steep from Africa
Being in the African continent, currency conversion hits us hard when we make monthly subscriptions, USD 49 is not lunch money like most of the members here so forgive us if we rush through to try make money in order to offset the monthly payment. We sometimes ask "silly" questions because we havent completed all the training, mainly because we are trying to fund the subscription with the money we are trying to make. I am paying in Rands, still better than other African currencies but damn it's not cheap, so please bear with us and understand our point of departure. Thanking u in advance.....
Recent Comments
5
Probably not as bad as the Rand but here in Canada we pay $1.36+ Canadian for every US dollar :(((.
Seems to be that way with many Currencies and, to be honest, I don't understand it or think it's right.
Sadly, not much we can do about it:(((
Being from there myself and watching the Rand depreciate daily I fully understand the frustration you must feel.
The best way to halt that depreciation is to pay for your membership annually in advance.
This has a number of advantages to you:
1. It is a discount of some 40%
2. It stops the monthly cash outflow (phew!)
3. It gives you 1 year to get cracking and generate some cashflow. Now you may not generate the full amount of your next year's subscription in that time but if you press on it should certainly cover it during the course of the next year and
4. The BIG PLUS you earn in real money and then actually start living better thanks to the depreciation of the Rand that is currently dragging you down.
So press on - I cannot see any other way to earn a decent income in Africa (for the average person) that is inflation proof, takes advantage of depreciation, has a global market and is more than sustainable.
All the best
Thanks Bald, makes perfect sense. Just a scary thot to pay that much, of which I currently dont have, but will try.
That makes perfect sense. Even in aussie dollars it is not cheap on conversion but worth every cent. It's actually hard for everyone.
Lily 😊
See more comments
Hi Basey,
It has a lot of value all your effort I hope you reach all your goals!
Claudio