OnlyDeCapPlease:


Let me just talk about the bolded.

A lot of people abroad might view such as a 'one off' expense therefore are prepared to take a loan, put it on a credit card, use up life savings or even remortgage. Some self employed or business people might find a way to put it down as a business cost so that it becomes 'tax deductible'. I might go as far as saying that 90% of people living abroad will do the aforesaid or something similar after which they will take their time to pay off debts or replenish savings.

Then there are the lucky ones for whom N12m (about $30k) will be money that they can just take out of balance of a current account and it will not affect anything because thousands is going in there daily, weekly or monthly. Such people might even have a $50k to $100k authorised overdraft.

Then we have the fraud people......

MrGoood:
I am a businessman and the thing is I am in for money in any choice I make. I made around 22 million in savings last year. Though I cut family and girlfriends off my life to achieve that and am in Nigeria.

But seeing the doings of people outside The country, there was an America based lady that spent over 12 million naira on her mother's burial. For her to spend that much I believe she will have 20x of that amount.

At least for an upright thinking fellow, I feel like am making less so am thinking of relocating. Can I make over 22 million yearly in savings in USA, If no how much can I save? Talk from your personal experience pls, Let stop deceiving each other pls, How much did you save annually in USA? Please let be sincere.

Predstan:


If you are in the US and $6k is a lot for you, then you need to invest some time researching better gigs for yourself and maybe investing a lot more on certifications

mrkhaynoni:


All what this guy wrote here are things he knows nothing about. Which government takes 50% of income as tax? Lol. I work in the US and I have family and friends in every major industry. Nobody, I repeat nobody pays 50% as tax on income. Not even close!

Depends what you do in America. If you work for somebody or company, I don't care if you are a doctor, engineer or lawyer, or mere warehouse worker, your income will be limited by tax even if you live frugally because you have no control of your taxes and you will shed almost 50% in taxes if you make more across taxes (federal, state, property and estate). Lets say you make $150k, government collect almost $75k in taxes across. You are left with $75k, after your house, car, emergency and personal expenses, you re left with $10-20k in the bank every yr. You can live a comfortable life but you will never be wealthy!

Now, if you own your own business, not mom and pop kiosk, I mean real business over $500k in revenue, you will have more control of your taxes. Once you understand how America works, which most Nigerians or black immigrants never understand anyways...just living the American dream blindly( big house and nice cars) and fatally in debt, you will know that America rewards business owners and entrepreneurs. Most Asian immigrants understand this which is why they own their own business and don't work for people!

Any Nigerian you know that is very very wealthy in America, has his/her own big business. These are not small boys and girls, they have over 5 employees (that's over $200k/90million in payroll a year assuming $45k each employee a yr), business location cost $500k-$5million. They rarely pay taxes because their business give them that advantage. Go and read why and how the rich in America pay zero to no taxes...actually government doesn't want you to if you create job, invest or an entrepreneur!

Juliearth:





If you can be able to garner this much while in Nigeria, all things being equal, I am quite positive that you would make far more than that amount abroad. Your major set back however,would be tax.

MrGoood:

How many hours weekly work and what percentage go in tax , And I don’t even want a serious relationship, No free relationship anyway, Don’t even mention independent ladies or self employed, The more classy the more her problem, One way or the other fire must burn one person in the relationship, You might not spend on a rich lady directly but imagine you going to expensive concert and using hotel to pass the night , 500k is off in one occasion and that might happen twice in a months, 300k table for two and Golden tulip 200$ a night , You will eat and do those unnecessary stuff, Without concert, You will spend on one thing sha ni , I hardly save 15 million when I was dating couple with families I was drained below 10 mill in 2019, Covid 19 is a blessing to me because I saved and stop shit draining money, I promise myself unless I turn billionaire, No help from me to anyone, Honestly, I need to plan for my upcoming generation.

golddust6000:
i am a social worker with 3yeats working experience, still yet to find any Nigerian I know who earn more than me.
Bro pls tell Nigerians back home the truth.

mrkhaynoni:


Lmao � � �.

I wish you all the best with your 150k a month o!

People sha!!!

MrGoood:

I hardly save 15 million when I was dating couple with families I was drained below 10 mill in 2019, Covid 19 is a blessing to me because I saved and stop shit draining money, I promise myself unless I turn billionaire, No help from me to anyone, Honestly, I need to plan for my upcoming generation.

golddust6000:
if you live in Nigeria and earn 150k you are way better than US citizens

SmartPolician:


Please this is FALSE.

Say what you know, please.

Rent varies just like it does in Nigeria

You go for what you can afford.

That's why I said that making and saving money is an individual thing.

Henvest:
OP anybody making over 2m monthly in saving anywhere in the world won't have the kind of time you have replying every
comments.
So If u are planning of selling your father's Land to relocate to America all I will advise u is watch before you leap

MrGoood:
I am a businessman and the thing is I am in for money in any choice I make. I made around 22 million in savings last year. Though I cut family and girlfriends off my life to achieve that and am in Nigeria.

But seeing the doings of people outside The country, there was an America based lady that spent over 12 million naira on her mother's burial. For her to spend that much I believe she will have 20x of that amount.

At least for an upright thinking fellow, I feel like am making less so am thinking of relocating. Can I make over 22 million yearly in savings in USA, If no how much can I save? Talk from your personal experience pls, Let stop deceiving each other pls, How much did you save annually in USA? Please let be sincere.

Ibrahimmrfish:

Most insurance don't cover dental care and cancer treatment for low income earners.As for bail some judges are evil, especially if you are black,they Jack up the bail to an unreasonable amount.

MrGoood:

You won’t understand what they mean by wanting too make more and more , Even Dangote is hoping for bigger opportunities, When you start making real money come and contribute, Btw I can go to USA if I want too , I just want a real life experience, And not blind journey, Please don’t mention me anymore

tillaman:
It Depends on the type of hustle
A dope dealer will save thrice the amount in months

bignero:


Why the frustration are you that broke that you insult the guy for no reason?

Omo nobe soo..

Like some one said even Dangote de fine money.. Carry your frustration ginger yaself or put am for ya pocket

golddust6000:
if you live in Nigeria and earn 150k you are way better than US citizens

shegzhkn:


Really ??

Make far more in abroad when there are a lot of variables that are still unknown ??

Do we even know what he is 'doing' to start with ??

Depends what you do in America. If you work for somebody or company, I don't care if you are a doctor, engineer or lawyer, or mere warehouse worker, your income will be limited by tax even if you live frugally because you have no control of your taxes and you will shed almost 50% in taxes if you make more across taxes (federal, state, property and estate). Lets say you make $150k, government collect almost $75k in taxes across. You are left with $75k, after your house, car, emergency and personal expenses, you re left with $10-20k in the bank every yr. You can live a comfortable life but you will never be wealthy!

Now, if you own your own business, not mom and pop kiosk, I mean real business over $500k in revenue, you will have more control of your taxes. Once you understand how America works, which most Nigerians or black immigrants never understand anyways...just living the American dream blindly( big house and nice cars) and fatally in debt, you will know that America rewards business owners and entrepreneurs. Most Asian immigrants understand this which is why they own their own business and don't work for people!

Any Nigerian you know that is very very wealthy in America, has his/her own big business. These are not small boys and girls, they have over 5 employees (that's over $200k/90million in payroll a year assuming $45k each employee a yr), business location cost $500k-$5million. They rarely pay taxes because their business give them that advantage. Go and read why and how the rich in America pay zero to no taxes...actually government doesn't want you to if you create job, invest or an entrepreneur!

Predstan:



However, on the brighter side. What do you need savings for? What exactly does savings do for you if I can do anything I aspire for in life without savings?

mrkhaynoni:


I can tell you ten cities with rent less than 1k. Stop misleading people. You definitely don't have enough information to back up your assertions. College station is a city in texas and you can get a 2br for less than 1k in a cool area. There are many more like that.

MrGoood:

How many hours weekly work and what percentage go in tax , And I don’t even want a serious relationship, No free relationship anyway, Don’t even mention independent ladies or self employed, The more classy the more her problem, One way or the other fire must burn one person in the relationship, You might not spend on a rich lady directly but imagine you going to expensive concert and using hotel to pass the night , 500k is off in one occasion and that might happen twice in a months, 300k table for two and Golden tulip 200$ a night , You will eat and do those unnecessary stuff, Without concert, You will spend on one thing sha ni , I hardly save 15 million when I was dating couple with families I was drained below 10 mill in 2019, Covid 19 is a blessing to me because I saved and stop shit draining money, I promise myself unless I turn billionaire, No help from me to anyone, Honestly, I need to plan for my upcoming generation.

Juliearth:




My assertion is borne out of the fact that, despite the fact that business owners have to pay taxes and all that, it is still far better than running a business in Nigeria in terms of ROI. However, this is not my forté, so I stand to be corrected.

tonididdy:
I see no reason to live the country if I make 22mil a year.

Do you know how much that is? and prolly tax free.


Bro have a trip or something but relocating... Naaaaa

MrGoood:
I am a businessman and the thing is I am in for money in any choice I make. I made around 22 million in savings last year. Though I cut family and girlfriends off my life to achieve that and am in Nigeria.

But seeing the doings of people outside The country, there was an America based lady that spent over 12 million naira on her mother's burial. For her to spend that much I believe she will have 20x of that amount. Pls what kind of business u are into

At least for an upright thinking fellow, I feel like am making less so am thinking of relocating. Can I make over 22 million yearly in savings in USA, If no how much can I save? Talk from your personal experience pls, Let stop deceiving each other pls, How much did you save annually in USA? Please let be sincere.