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How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? - Business - Nairaland

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How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by kelvinnaira: 9:48am On Apr 02, 2019
Dont know if this is the right place to post this sha..

Please, family men and women, young men and women, what is the average income a person have to earn monthly to be classified as "living OK or doing well" in Nigeria?

OR what is the average amount a person has to earn or make in a month if he/she needs to beat the poverty standard of living?

I really dont know how to best put this English.. But if you get my point, please help me.. Am open to correction as well..

Thanks..
Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by donbachi(m): 9:54am On Apr 02, 2019
nigerians just ranked the 6th most miserable people in the world,as stated by world misery index...300k.
Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by Nbote(m): 9:54am On Apr 02, 2019
Jus calculate ur house rent and other bills, transport and feeding, and other miscellaneous expenses... Dat is d minimum salary u shld b earning to b ok.. If at d end of it all u are still able to save some reasonable amount den my brother U are doing well... Dat is basic

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Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by kelvinnaira: 9:56am On Apr 02, 2019
Nbote:
Jus calculate ur house rent and other bills, transport and feeding, and other miscellaneous expenses... Dat is d minimum salary u shld b earning to b ok.. If at d end of it all u are still able to save some reasonable amount den my brother U are doing well... Dat is basic
thanks for the reply.. But what about family members? You know we Nigerians always have family members bringing their own un-expected wahala to the menu..
Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by kelvinnaira: 9:59am On Apr 02, 2019
donbachi:
nigerians just ranked the 6th most miserable people in the world,as stated by world misery index...300k.
Is it for a single person or as a family man?
Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by Nbote(m): 10:05am On Apr 02, 2019
kelvinnaira:
thanks for the reply.. But what about family members? You know we Nigerians always have family members bringing their own un-expected wahala to the menu..

Which is why I factored in miscellaneous expenses and savings... U do not owe family members jackshit.. U are only obliged to offer assistance where U can.. U can do dat from ur savings as well if U want to carry everyone's load. If U begin to factor in family members and friends, trust me no amount is going to really b ok for U

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Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by LuciferYaweh: 10:19am On Apr 02, 2019
Nbote:
Jus calculate ur house rent and other bills, transport and feeding, and other miscellaneous expenses...


You forgot to include olosho expenses...

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Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by Nobody: 10:32am On Apr 02, 2019
LuciferYaweh:



You forgot to include olosho expenses...

Lolz.

Must you patronize olosho?

Go and marry. Marry someone who is working or doing legit business, and who understands that right hand washes left hand.....and vice versa, makes the marriage worthwhile.
No much burden will be on you and you get to f**k your wife for free.


Op, the most important is to be happy while you live within your means and still striving to get better.
Even if you earn 500k monthly and you live above your means, you will never be contented and happy.
Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by Nobody: 10:32am On Apr 02, 2019
We need to consider environment... 200k might be good for someone living in areas like Oyo, Osun, kwara n some other South-west n Northern region, where the cost of living is low-moderate.


Wen it comes to Lagos, Abuja n some areas in South-South, it might not sufficient, we can say 300k in these areas.


It all depends on how economical individuals are also, cos to some people...200-300K may just be peanut.

To really answer ur question....I'l go for 300k as things are now.

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Re: How Much Can One Make A Month To Be Considered "Living Okay" In Nigeria? by donbachi(m): 12:01pm On Apr 02, 2019
kelvinnaira:
Is it for a single person or as a family man?
family.

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