gbami:

Remember the statement I said... It creates a habit. If you can't save any percentage of money when you earn 10k.. you won't be able to save anything from 1million naira .
Habit, habit, habit.

gbami:
Well said.
1. Learn to save from 2-20% of your salary irrespective of how much you earn .
Benefit .It creates a habit.
2. Save your money in a hardly accessible account.
Benefit. So you won't be easily tempted to touch it.
3. Save before you spend.
Benefit. The other way round might leave you with almost nothing.
4. Invest in your self with your savings.
Benefit..The more you invest in yourself the more your earn.
5. Have 6 months 5% emergency fund.
Benefit .In case a health related problem comes
6. Your annual savings should be used for assets like lands and property not liabilities like cars and gadgets.
7. Avoid impulse buying.. If you have stayed without that thing for many years, giving it extra two weeks to think about it won't kill you.
Benefit..The urge may have died down after the wait.
8. Stop giving your hard earned money to lazy people. People that don't want to work but beg.
9.Read financial books.
Benefit..They have hidden secrets to wealth.
10. Diversify your source of income.
Benefit...Rat wey get one hole dey die quick.
More ,more. more

sparko1:


You made some point, but I want to explain the asset and liability issue.

You have read in books, cars are liability, land is asset, well in Nigeria, having a car can be an asset, let me just put it straight, having a car is an asset, there are places you will go, especially if you are an experienced professional, they see you walk into the compound, they are afraid to hand a 5million naira contract to you, they feel, that might be your first.

Many people bought land and the land was sold under them, case in court, money can't be refunded, investing in Land in Nigeria is a big risk, if you are just starting, I won't advice you to start with it. I have attended many of my company land case judgement, the loses are just too much, don't tell me, you didn't check properly, as far as there's no C-of-O, anything can happen.

So instead of throwing your money to some omonile, learn a skill, get a car and run your business like a professional, not all instance of buying a car is it considered a liability.

Lemmy123:

That's not true... I'm holding back from saying "You lied"
First of all 10k it's not the same as 1 million, he'd definitely save if he wants to
Secondly why would you save a currency that will most likely lose its value in years to come, reaping the reverse of your intent...
Thirdly, you should think of investing, not necessarily online things, not everyone actually the strength to be checking their phones for new trends on crypto platforms and what have you...
He could buy a fairly used car and put it out on his purchase
He could invest in agric
Many things bro....
Lastly 10k is not 1 million, them no be mate!

tunary:
Konji no dey disturb you

PussyKing:


And show back after you have judiciously used the money

gentle136:
E no dey disturb me wen I don collect salary

mazichido:
Whenever you earn an income follow below steps -

1. SAVE - jejely put aside between 30% - 40% as savings

2. INVEST - I know it's not easy but endeavor to also reserve a portion say 10% - 15% for potential investment purposes.

3. SPEND/GIVE - now use the remainder to meet your concurrent expenditures and take care of other financial needs. As you spend kindly remember to reach-out to the needy and less privileged no matter how little ( I use God beg you ).

Sheuns:


Topic should be how not to finish spending your salary before the next one comes.

PussyKing:
Can you explain more about this ??

PussyKing:
Can you explain more about this ??

Wonk:
Bullshit!
What am I suppos'd to do with that piece man? I ain't got no job, I'm just a jobless ugly mothafucka!

lilvicky68:
1..don't spend it at all be greedy to yourself..
2..Eat once per day..
3..delete and block calls from all family members..
4..instead of paying house rent,live under the bridge.
5... Wake up early and trek to work everyday..
Since you don't want to spend it na

hstar:

There are senses in some of what you typed there

If I get time I go bring out those points

I guess u urself didn't know u made some points there, u just thought u are being sarcastic

lilvicky68:

I like mixing sarcasm.. do well to mention me when you do that..

IMASTEX:

They don't know there is a limit you can reduce cost, it quickly turn to suffering. Instead increase the income base.

Karleb:
Don't eat.
Don't drink.
Don't transport.
Don't recharge your phone.

Those are the sure ways of not spending your salary.

gbami:
Well said.
1. Learn to save from 2-20% of your salary irrespective of how much you earn .
Benefit .It creates a habit.
2. Save your money in a hardly accessible account.
Benefit. So you won't be easily tempted to touch it.
3. Save before you spend.
Benefit. The other way round might leave you with almost nothing.
4. Invest in your self with your savings.
Benefit..The more you invest in yourself the more your earn.
5. Have 6 months 5% emergency fund.
Benefit .In case a health related problem comes
6. Your annual savings should be used for assets like lands and property not liabilities like cars and gadgets.
7. Avoid impulse buying.. If you have stayed without that thing for many years, giving it extra two weeks to think about it won't kill you.
Benefit..The urge may have died down after the wait.
8. Stop giving your hard earned money to lazy people. People that don't want to work but beg.
9.Read financial books.
Benefit..They have hidden secrets to wealth.
10. Diversify your source of income.
Benefit...Rat wey get one hole dey die quick.
More ,more. more

tunary:
LWKMO see this guy o, na so you like money reach

lilvicky68:
1..don't spend it at all be greedy to yourself..
2..Eat once per day..
3..delete and block calls from all family members..
4..instead of paying house rent,live under the bridge.
5... Wake up early and trek to work everyday..
Since you don't want to spend it na

Baawahala:
Please I need a job
I only had 1 year experience,the pandemic cost me my job...Engineering...please sometimes I wish I can just help someone I don't know from nowhere,if you also feel like that please let me the one you will help...
I stay in PortHarcourt,but I can relocate
Thank you

LauraClasikVibe:
If you don't mind learning about crypto

https://chat.
Whatsapp.
com/GLIe4YCQNKwHvG9lmwM0N3

Baawahala:

didn't get the link

LauraClasikVibe:
add everything together no space