Danhumprey: I would go with #75k per month,provided there would be job security. If you chose #3million,it would be exhausted in no time,unless you invest it. But I would rather go for 75k per months. It would suffice me. It's dangerous to be keeping a large sum of money with you.

alfredo4u: I was offered 3million without paying back and at the same time a job of 75k with a company.

I'm asked to chose one.


Pals, if u are in my shoes what will you do?

Candid advise needed pls. No insults

Fhemmmy:

Not bad either . . . in 20 months, you would have realized 3M Naira but the cost of living nko?

chymystique: Take the 3million... And kip searching for anoda job!.. Goodluck!

Danhumprey: I would go with #75k per month,provided there would be job security. If you chose #3million,it would be exhausted in no time,unless you invest it. But I would rather go for 75k per months. It would suffice me. It's dangerous to be keeping a large sum of money with you.

Like seriously

skyp: What kind of biz would you guys advice him to do.

okpara ugo:

40months oga... Upwards of 3 years and 4 months to earn N3m...

Op, with 75,000 a month, you will never put together N3m from savings even in 10 years time unless you no wan chop or marry wife..

Raggedy_Ann: This is so typical! Nigerians like awoof joor. 3M for nothing seems like a better deal than 75k for a 9 to 5 any day. You should keep in mind the following before making your decision.
1. For a job, you don't just get paid in cash, you get experience and referrals that improve your worth over time. If you want to build a career in that field this would be your stepping stone.
2. Not everyone is cut out for entrepreneurship. A job gives you security, stability and you get paid right away. A business needs to "take" first. You might not break even after the second year sef.
3. 3M might seem a lot of money to you now but it really isn't. Dont make the decision arbitrarily, draw up plans for potential businesses that could be started with a capital of 3m and evaluate the odds. How long will it take before you start making profit? What are the risks involved? A high risk biz may potentially yield more returns but high risk means that you could potentially lose all your money and end up knocking on the door of your benefactor for that job after all.

For all you know, this could be some social experiment. Knowing the risks involved in starting a business, some people prefer to have another safe source of income before jumping off the ledge into uncertainty. You NEVER know. And when the pressures of self sustenance set in you might not find the discipline to stay off your capital.

remember too that It's not money that is your asset, it's creativity. If you have it you might just make that 3m work for you - eventually and with a load of luck. And if you do not have it, you get to ride on your bosses creativity. Just be honest with yourself.

naijacutee: The way I see it, you will need to save 50% of your N75,000-a-month salary for 80months (6 years and 6 months) to be able to save up to N3million. Before you you get that N3million in bulk to do what you need to do. In that time, you might be stuck in that job.

On the other hand, you could take the N3m now and do what you need to do with it. If it fails, you can get a job in less than the 6 years, 6 months it would have otherwise taken you to save the same amount of money.

I think you should take the N3 million and invest it. I see no compelling reason to take the job.

alfredo4u:


If u don't ve reasonable contribution pls stay clear

maximunimpact: Take d 3M, even if u lack bizness idea just fix it in a bank per month, u are guaranteed atleast 4% interest each month wich is:
4÷100=0.04X3,000,000=N120,000 which is far above 75k with all d stress dat goes with working 4 som1 else. U can be managing d 120k interest monthly until a beta bizness idea sets in.

alfredo4u:


If u don't ve reasonable contribution pls stay clear

okpara ugo:

Mindset separates the rich from the poor, not paper money..

With the bolded, you have sworn allegiance to poverty for life...

N3m that cannot purchace a plot of land in a state capital. So young men still think like this ?