Go siddon abeg!!

2 Billion USD

okay.

Queengee:
Quarter of the year is going to end in a day or two from now, and everyone in Nigeria understand the economy hardship Nigerians are going through especially salary earners. Salary earners are going through lots due to high cost of living because salary barely meet up our daily needs.

However, amidst of this economy a lot of people are still doing exploit and still have little saving from their salaries, so we shouldn't be left behind when the year ends with no achievement.

As for me I had manage to save 350k since January this year till this April ending. I earn 250k monthly, and I must tell you with a wife and one child, it had not been easy to save. But saving and making good financial plans is a must no matter the economy.

Feel free to share yours and don't be shy because nairaland is a faceless forum with chances to share your view and personal experiences without criticism because nobody knows you here.

Thanks guys

Which state do u stay again? Cos If u reside in asaba delta state, that ya 250k no go reach u n ya household chop for the month

I earn monthly and weekly
I save 1m in a month
I have a different account for savings
I have been able to save 4m this year
Tomorrow will make it 5m

CuriousRabbit:

Cc 10000Capacity.
Baba don show
Be like say I go start reporting his monikers to the mods

thank you for pointing to my attention the activities of that Scammer

I have put my eyes on him

phorget:
Me I've only been able to save my life,😌😌😌

You have not been able to do that bur God did

Zero

I have been able to save money these past couple of years. But right now it’s obvious my money is saving me

Sailor never save he head finish...kontinue!

Resonance2019:
You have not been able to do that bur God did

Go stand in front of a moving train and see how God is going to save you.

Saving is bullshit

Inflation is busy eating your money that you have in your account and you are happy being cheated

Bag of rice rose from 30 k to 70k

Do you think it was because rice became more ricefull or something
Or did they use gold sack to cover the rice

So what happened

The price of food stuff DID NOT GO UP...IT WAS THE VALUE OF MONEY THAT WENT DOWN

too many money in the economy makes it Chase after few goods cus Nigeria doesn't produce local goods...and now the government plan to put more money in the economy by increasing minimum wage

The few goods in the economy acts like a mop for the excess money flowing in the economy

I explained it here:

https://www.nairaland.com/8049624/wealth-series-pt-1-inflation

Your savings is in serious trouble

BUT YOU ARE STILL BUSY SAVING

LOOK For an asset you can purchase that will appreciate with the inflation rate...that's called HEDGING against inflation

If you want to make a profit from the asset, the asset must be sold past the inflation rate ...that's if you want to make profits


But sadly enough, I don't know any asset In Nigeria that one can invest in to beat inflation and STILL MAK PROFITS


Your money is losing value sitting in your account daily

fractional reserve banking + central banks creating money out of thin air

Imagine those that were saving to buy bag of cement at the end of the year...bad of cement then was #4500

NOW ITS #11000

imagine the look on their face when they discover they would have to save more to buy THE SAME BAG OF CEMENT


SAVING IS BULLSHIT

SAVING IS A SCAM




https://www.nairaland.com/8018973/secret-redpill-all-doubts-cleared#128754111


Ask questions

Lightway:



You don't have to lie to prove a point... There is no way a married man is able to save 35% of his 4 months salary while having a child...

Trust me it's possible. Every month, I always save over 60% of my income. #No_Cap

The key to achieving it is serious FINANCIAL DISCIPLINE. Everyone knows me as the man who moves about with a calculator. I don't spend unnecessarily! You can never catch me anywhere near ALCOHOL, GAMBLING, WOMANIZING, PEPPER DEM SPENDING or any form of BILLING.

PS- I'm married with 2 kids.

Save wetin for this economy?

Queengee:
Quarter of the year is going to end in a day or two from now, and everyone in Nigeria understand the economy hardship Nigerians are going through especially salary earners. Salary earners are going through lots due to high cost of living because salary barely meet up our daily needs.

However, amidst of this economy a lot of people are still doing exploit and still have little saving from their salaries, so we shouldn't be left behind when the year ends with no achievement.

As for me I had manage to save 350k since January this year till this April ending. I earn 250k monthly, and I must tell you with a wife and one child, it had not been easy to save. But saving and making good financial plans is a must no matter the economy.

Feel free to share yours and don't be shy because nairaland is a faceless forum with chances to share your view and personal experiences without criticism because nobody knows you here.

Thanks guys

In an inflationary environment, you don’t save, you spend. What you delay purchasing today with money you have but choose to ‘save’, you won’t be able to buy tomorrow because the price has gone up.

Just imagine such topic, pls change the topic by saying those who earn 200k n above, how much av u saved this year. some persons here earn 50k or less, these silly topics is not for us anyway

Why ask people how much they have been able to save in this Tinubulation Era?

The inflation rate cannot allow you to save one single Naira, coupled with the low salary.

People are only living by the day...If not for God, thousands of people would've committed suicide in Nigeria as a result of depression.

Best bet is to revolt.

Some of una no go admit say una de do ruins for work take de save

Nah the year dey save me. Save kWh for this balablue economy. You can save 1 million naira today to realise that your 1million naira is now worth 10 Dollars in ten months time. Nah to chop money. Balablue economy can only touch the one wey he see for account

phorget:



Go stand in front of a moving train and see how God is going to save you.

Thanos5555:
2.8 million naira since Jan.

Am a AU scholarship student collecting approx #800k per month, alll accommodation and transport paid for, free feeding.

Just studying only

You are lucky.

DLioness:
Mine is about 200k

What’s your source of Income, and how much per month?

[join newsprofit.ng. quote author=Queengee post=129692160]Quarter of the year is going to end in a day or two from now, and everyone in Nigeria understand the economy hardship Nigerians are going through especially salary earners. Salary earners are going through lots due to high cost of living because salary barely meet up our daily needs.

However, amidst of this economy a lot of people are still doing exploit and still have little saving from their salaries, so we shouldn't be left behind when the year ends with no achievement.

As for me I had manage to save 350k since January this year till this April ending. I earn 250k monthly, and I must tell you with a wife and one child, it had not been easy to save. But saving and making good financial plans is a must no matter the economy.

Feel free to share yours and don't be shy because nairaland is a faceless forum with chances to share your view and personal experiences without criticism because nobody knows you here.

Thanks guys[/quote]

Lucasinho:



Invest where?

motivational speaker isonu.

DLioness:
Mine is about 200k

Which work abeg, you fit employ me

APC really destroyed this country

Plenty doings. With the dwindling fortunes of the Naira it’s best invest in assets than to save in Naira

I believe i'm not part of this discussion.i came to be oppressed. I earn 30k monthly. How i wan take save? If you don save enough, ask for my aza.

2million naira