Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,415 members, 7,974,694 topics. Date: Monday, 14 October 2024 at 09:49 AM |
Nairaland Forum / Nairaland / General / Travel / Nigerians In USA, Do You Save More Than N15 Million Yearly? (59989 Views)
Yearly Salary & Monthly Income After Tax Deductions In UK / Nigerian Man Makes N207 Million Yearly Carrying bag of Cements in South Korea / Give Birth In USA: Cost And Procedures Part 6 (2) (3) (4)
(1) (2) (3) ... (7) (8) (9) (10) (11) (12) (13) (Reply) (Go Down)
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Cocao(f): 7:48pm On Mar 07, 2021 |
ttoyetade: I love competitive people, but the obsession I saw in his posts is just utterly disgusting. 5 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Cocao(f): 7:49pm On Mar 07, 2021 |
pocohantas: Exactly. Everyone is in a journey for himself. |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by golddust6000(m): 7:58pm On Mar 07, 2021 |
bilulu:pls if you do not live in US don’t quote me 3 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Maski87: 8:05pm On Mar 07, 2021 |
It's not just the money, it is also the quality of life you live,I don't care if you make 200million naira a year,if don't have roads light water security, safe school,and not fearing kidnappers and Jazz men,you are really not living considering that you are only in this world for a limited time 4 Likes 1 Share |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by SoccerUSA(m): 8:09pm On Mar 07, 2021 |
. |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by fuugee(m): 8:14pm On Mar 07, 2021 |
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! You've made very valid points overall, but there's no way someone who earns $150,000 in gross annual income will be taxed at 50%. in the U.S. It should be more like 35% max depending on their marital status and number of dependents. Agreed the tax codes favor business owners more than paid employees but the disposal income available to people will depend of several factors like: location, lifestyle, spending habits, financial responsibility etc. 1 Like |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by bilulu(m): 8:15pm On Mar 07, 2021 |
golddust6000:I don't live in the US but I live in Canada and saving 5m is damn possible over here and I ve friends who can save up to 5m in US also.... 1 Like |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by chris51(f): 8:17pm On Mar 07, 2021 |
If you are making so much money in Nigeria, please stay. If you think you can do better in the US, it's a big fat lie. Ask about Bills people pay in US. Tax, electricity, rent, transportation etc. Its not easy. People survive mostly on Credit Cards and that's the truth. You cannot even save N2m a year. 3 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Freemasonry: 8:20pm On Mar 07, 2021 |
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 $10-20k in the bank every yr. You can live a comfortable life but you will never be wealthy!Succinct. |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Johnchrix(m): 8:34pm On Mar 07, 2021 |
chris51: You are right dear, can u loan me 3k$ for business, pay back installmental with desired interest. |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Yeyeboi05(m): 8:48pm On Mar 07, 2021 |
America is overrated.. You guys should try European countries |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Godbpraised: 9:00pm On Mar 07, 2021 |
@ Nobody, you have said it all the rich do not pay taxes in the west, it may look like they pay, but in actual sense they do not., my brother or sister do not engage in people who do not know what a plane looks like, not to talk of how an airport looks like. silence is golden.
|
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Godbpraised: 9:03pm On Mar 07, 2021 |
what can of work are they doing and what is the quality of life they are living, these are the question you should ask them, i doubt they would give you clear picture bilulu: 1 Like |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Nobody: 9:13pm On Mar 07, 2021 |
Ibrahimmrfish: I see a lot of people making assumptions on how others live.....how many regular working Nigerians can save 1 million naira yearly...for if you are equating a regular workers saving with that if a man who is into biz then that makes no sense Ps you can be rich anywhere if you are lucky and smart enough |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by chris51(f): 9:13pm On Mar 07, 2021 |
chris51: |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Nobody: 9:22pm On Mar 07, 2021 |
Godbpraised: Dude...not everyone living a comfortable life is into dirty deals....a lot of us don't need 2nd jobs to be comfortable |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Nobody: 9:25pm On Mar 07, 2021 |
chris51: Get yourself a decent job and saving $4k is nothing Don't know where you all get your deluded info from |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Rhea(f): 9:31pm On Mar 07, 2021 |
MrGoood: Long story short. Money spent does not equal to money saved. Did you pay tax last year? Or are you talking of N22m tax free? |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Nobody: 9:31pm On Mar 07, 2021 |
Ibrahimmrfish: Minimum wage only applies to those who no wish much for themselves...minimum wage here does not give you any meaningful life that allows you to save |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Cajal(m): 9:36pm On Mar 07, 2021 |
MrGoood:Hmmm....that's true U can begin to diversify ur investment in other areas Like agro business, Education, transport Am sure this will give you more earnings |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by cbngov01(m): 10:15pm On Mar 07, 2021 |
MrGoood: All I smell is inferiority and a smirk of foolishness. I was taking this thread serious until I got here... Are u trying to better ur life and that of ur unborn children or you are trying to compete with someone that spent 12m for burial? Wake up o thou fool...! BTW, my advise is to stay put.. 3 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by komodapson(m): 10:19pm On Mar 07, 2021 |
FrankLampard: They'll tear him into shreds 7 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by merits(m): 10:32pm On Mar 07, 2021 |
November1857:Wahalla.........for those who think blessings come from abroad.meanwhile blessings come from above not abroad. 1 Like |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by IgbohoSunday: 10:39pm On Mar 07, 2021 |
Bros better stay here and do ur business cos if u kidnap in the US u will be caught. 4 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by falcon01: 11:06pm On Mar 07, 2021 |
Ibrahimmrfish:this guy na shege |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by eyebee01(m): 11:09pm On Mar 07, 2021 |
Please let me speak to you via PM |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by madridsta007(m): 11:16pm On Mar 07, 2021 |
MrGoood: Depends on what you do. Surgeons save more than that. |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Nicoswit(m): 11:25pm On Mar 07, 2021 |
Ynix:Bro...can you elaborate more on how an offshore company works? |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Abiboss: 11:51pm On Mar 07, 2021 |
Fash20:Bro how much is it to start that your business, I have 600k but I'm still saving though |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Nobody: 11:59pm On Mar 07, 2021 |
knowyaself2:Life is absurd. You keep making money just to keep making money till you die. If you have children,they will do the same. If you don't die,there will be too many humans. Life is absurd. If you are poor like me,you will have to keep living from hand to mouth till you die unless you experience a breakthrough that will make you to want to have children that will not suffer like you till you die. 4 Likes |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by NovusHomo(m): 12:09am On Mar 08, 2021 |
[quote author=golddust6000 post=99677607]An average Nigerian in US don’t save 5m yearly. All these people on the comment section don’t know how US or Europe works, you may die while working, you will age faster than your younger brother in Nigeria, you will likely fall sick by tomuch work overload. At the end of every year you will realise that you did not save up to 4m. Here you can’t escape tax, you ca never escape it. You will work for the government till you die, be wise.[/quote It depends on your educational achievement and skill. Do not let any security guard tell you he saves 15 million naira a year. |
Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by firstratedcitiz(m): 12:23am On Mar 08, 2021 |
How much you are able to save within a year depends on the kind of jobs you do that yield the money. I can only be honest and speak for myself: I don't quite manage to save up the kind of amount you're mentioning (millions) per annum. My own savings acummulated over the years. I am studying here in Atlanta but also working and making money at the same time. But much of my savings ends up in my domiciliary naira account back home in Nigeria. A small chunk of my earnings do end up also as remittance to family and friends back home. If I should look at my personal savings and equate the sum of money to living standards in this country, it would look as a small saving. However, as repatriated savings, it would appear as multiple millions. So, it depends. The exchange rate of the naira to dollar plays a huge part. MrGoood: 4 Likes |
(1) (2) (3) ... (7) (8) (9) (10) (11) (12) (13) (Reply)
Jelili Atiku Dresses As A Masquerade In Israel To A Dinner As People Stare -Pics / COVID-19: Niger Turns Back Trailer Load Of Lagos Returnees / "Ladies Now Offering Sex To Uber/Taxify Drivers As Payment"
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 87 |