Q&A: What is considered financially rich in Bangladesh?
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Question by labelapark: What is considered financially rich in Bangladesh?
What is the worth of a million takas in Bangladesh? 50K USD currently is almost 3.5 million takas. Can you live off of that for 30-40 years if one chooses to live in moderation?
Also, how much money does a high school teacher (at a city or suburb) make on average?
I appreciate it!
Best answer:
Answer by Hafiz
I’m sorry that I could not grasp the first question “What is considered financially rich in Bangladesh?” Let me try anyway… Financially rich business at this moment is export oriented garments factories and associated services, like Buying Houses or its representatives.
For a single person in middle class category the complete living cost may come somewhere around US00 per month considering you are availing bachelor’s facilities those you get in the western world, like decent full furnished single-room apartment, private car, telephone & cell/mobile phones, A/C, Hot water supply, nutritious meals etc.
Now if you want to have bare minimum facilities and cut the above or their costs by 50% then US0 per month would suffice.
Therefore, USD50000 could be consumed up within maximum 100 months (about 8 to 10 years) and minimum 50 months (about 4 to 5 years) depending on your lifestyle and expenses incurred to maintain them.
A High School Teacher (at a city or suburb) makes about US0 to US0 if he/she gets the opportunity to do some ‘private tuition’ job, which is also becoming controversial issue in these days. So, let us say a teacher could make barely Taka 10,000/- (US0) if he/she is not doing any extra job on top of regular service as a teacher.
Hope this info would be useful to you.
Know better? Leave your own answer in the comments!
