I'll consider myself Rich earning 500k monthly,I don't spend money on frivolities,I have a good saving culture and I don't have much responsibilities....

Comfortable not rich

Op Juz wan show off,my opinion…I thank GOD for the grace upon ur life

Omshausgdhdjsgs:
Op Juz wan show off,my opinion…I thank GOD for the grace upon ur life

Show off to faceless people?? Pls get a seat

Oga ..... You are financially stable .

Being "rich" is a question of location...

If you reside in Banana Island, Lagos, your living expenses will piss on your monthly 500K...

If you reside in Ikeja, you're a "big boy" and if you don't allow those runs girls at Ikeja City Mall to milk you dry, you may afford to buy a Nigerian used small sedan without Police case...

If you reside in Mowe, Ogun State, you can talk about acquiring a manageable size of land and maybe have an uncompleted building to your name in like a year...

If you decide to live in Baruten, Kwara State (near Benin Republic), with your 500K, you can easily be crowned a King.

Kaycee54321:
Being "rich" is a question of location...

If you reside in Banana Island, Lagos, your living expenses will piss on your monthly 500K...

If you reside in Ikeja, you're a "big boy" and if you don't allow those runs girls at Ikeja City Mall to milk you dry, you may afford to buy a Nigerian used small sedan without Police case...

If you reside in Mowe, Ogun State, you can talk about acquiring a manageable size of land and maybe have an uncompleted building to your name in like a year...

If you decide to live in Baruten, Kwara State (near Benin Republic), with your 500K, you can easily be crowned a King.

Thank you much for this sincere analysis

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions

Brethren, you’re a rich man!

Waiting for online beggars to slide into OP's dm...

You’re living normal life if you’re earning 500k monthly not rich ..

Bills and other expenses go make it look worthless

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions

Earning just north of 700k per month here, and I don't consider myself rich. Comfortable, maybe, but certainly not rich.

The truly rich are those buying #100 million presidential forms like pure water, and even to them, there's someone richer.

Onariii:

Which kind boring life be that remember u only live once

To u is boring and to him is self fulfillment and happiness.

Johnchrix:
You are Rich Oga.

Money should never change you as a person if you can't save and invest with 10k then you can't with 10m.

If you want to really know a person inside and out look at how they spend their money you can easily know where and what they stand for.

Someone is even suggesting a guy who does not drink club or carry oloshi as living a boring life but here's what you must know that is their value and what they can do with money.

UyaiIncomparabl:


500k Isn't rich, please. Especially if you have a lot of responsibilities/mouths to feed.

Na average salary. Start earning it and you'll know how far.

What is this one saying. 500k ? Guy man is fucking rich. That's 6m a year. He even has several add ons. Person wey dey earn 50k self dey feel fly not to talk of 500k

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions

500k a month is supposed to be average income for a middle class person in Nigeria not rich.



You are a middle class citizen especially if you are still single.



If you are single, the income that qualifies you as rich in Nigeria is 2.5million and above monthly take home.



If you are married, it means 3.5million and above monthly take home, anytime less means you are a middle class not rich.



But to be realistic, you are not earning badly based on Nigerian situation, but don't let that bobo you, you still have a long way to go cos I have an elder bro who works for a big multinational and he earns around 1.5m monthly take home and believe me, he is not close to others running their own companies and earning heavily, so he still sees himself as struggling.

SUPERPACK:
500k average salary in Nigeria? Same amount that can pay salary of entire staff of a small private primary/ secondary school monthly. Women and their wahala sha.

That lady you quoted is telling you the absolute truth.


500k monthly salary is an average income not rich. If the op is married and living in a high desnity city like Lagos, believe me, he will still be struggling to pay his bills and may never have savings at the end of the year.

UyaiIncomparabl:


Of course, I can. But, I just made him to understand that a 500k earner can't be called rich in present-day Nigeria.

You sound very knowledgeable and that's awesome coming from a lady.


I know a lot of people earning even 1million and above and they aren't considered rich.



Rich ke, can such salary afford him a brand new car of at least 20million and above? Can such salary afford him vacation to at least two popular cities in the world a year? I am not even talking about any other responsibilities like family dependents, I am talking about the lifestyles that qualifies one as rich; going on at least 2 vacations abroad a year, buying a good trendy luxury car, etc.



Nigerians abuse the word 'rich' sha lol



Some of us earning above 3 never even see ourselves as rich talk more of 5k lol , it is well

Emmanuel909090:
Anybody earning 500k in today's Nigeria is a rich man

Hahahahaha, that means I need to contact Forbes asap, they must have been omitting my name for long, that must be a costly error from them





500k ke wahala de oh

Kaycee54321:
Being "rich" is a question of location...

If you reside in Banana Island, Lagos, your living expenses will piss on your monthly 500K...

If you reside in Ikeja, you're a "big boy" and if you don't allow those runs girls at Ikeja City Mall to milk you dry, you may afford to buy a Nigerian used small sedan without Police case...

If you reside in Mowe, Ogun State, you can talk about acquiring a manageable size of land and maybe have an uncompleted building to your name in like a year...

If you decide to live in Baruten, Kwara State (near Benin Republic), with your 500K, you can easily be crowned a King.

Benwallt:
What is this one saying. 500k ? Guy man is fucking rich. That's 6m a year. He even has several add ons. Person wey dey earn 50k self dey feel fly not to talk of 500k

Don't worry, you'll soon start earning as much as that. Only then will you understand my point.

N2B2:


Earning just north of 700k per month here, and I don't consider myself rich. Comfortable, maybe, but certainly not rich.

The truly rich are those buying #100 million presidential forms like pure water, and even to them, there's someone richer.

what do you do man?
I'm interested in it

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions

I wonder why nobody has asked you what job I'd is you do...I'm super interested to know pls

franchasofficia:
You sound very knowledgeable and that's awesome coming from a lady.


I know a lot of people earning even 1million and above and they aren't considered rich.



Rich ke, can such salary afford him a brand new car of at least 20million and above? Can such salary afford him vacation to at least two popular cities in the world a year? I am not even talking about any other responsibilities like family dependents, I am talking about the lifestyles that qualifies one as rich; going on at least 2 vacations abroad a year, buying a good trendy luxury car, etc.



Nigerians abuse the word 'rich' sha lol



Some of us earning above 3 never even see ourselves as rich talk more of 5k lol , it is well

Yes oh, Oga FranchasNG

Well, I just had to stop arguing with these men so they don't start redirecting questions that I can't answer.

500k nor small oh, but no still be big money!

A friend earns about 800k, but he will tell you it's just not enough for him. As I said in one of my mentions, as your earnings increase, so does your taste. Well, except you want to be very frugal with yourself. . Na average, abeg.

UyaiIncomparabl:


500k Isn't rich, please. Especially if you have a lot of responsibilities/mouths to feed.

Na average salary. Start earning it and you'll know how far.

Are you earning that salary?
How come you are arguing with someone in that salary range

Okonandmary:


Are you earning that salary?
How come you are arguing with someone in that salary range

UyaiIncomparabl:


500k Isn't rich, please. Especially if you have a lot of responsibilities/mouths to feed.

Na average salary. Start earning it and you'll know how far.

500k per month is huge ma'am!

UyaiIncomparabl:


Of course, I can. But, I just made him to understand that a 500k earner can't be called rich in present-day Nigeria.

Nigerian money doesn't have value.

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions

When you get married and started buying cerelac/daipers or paying school fees every 3months, you LL know that what you have there is a peanut.

Your friend is only taking advantage of you, stop running errand for him with your money even though you can afford it. He's earning in dollars over there. At least, let him pay for service once in a while

franchasofficia:
Hahahahaha, that means I need to contact Forbes asap, they must have been omitting my name for long, that must be a costly error from them





500k ke wahala de oh

Thanks for informing us. 90% of salary earners in Nigeria earn below 500k.

Your account statement will also help us validate this.

You're not rich but you're also not in the percentage of Nigerians that are poor. Many Nigerians earn below 60 k as salary, those who manage to get something 'better' earn 120k to 150k.
With 500k, you have just enough to live comfortably well in present day Nigeria! This will soon be a thing of the past, if the country continues to have same useless leaders, as hyperinflation turns your 500k into meaningless money!

UyaiIncomparabl:


Yes oh, Oga FranchasNG

Well, I just had to stop arguing with these men so they don't start redirecting questions that I can't answer.

500k nor small oh, but no still be big money!

A friend earns about 800k, but he will tell you it's just not enough for him. As I said in one of my mentions, as your earnings increase, so does your taste. Well, except you want to be very frugal with yourself. . Na average, abeg.

Hi Uyai lol


I know 500k monthly salary in Nigeria isn't a small income lol, but honestly its very very far from qualifying anyone as rich.


But since the op is a young single guy, the salary isn't bad anyway, but he should not let his friend deceive him, he is very far from being rich lol, rich ke



When he gets married and start footing recurrent bills, then he will understand that he still have a very long street to walk to freedom lol. Hope you are good?