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Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? - Jobs/Vacancies (16) - Nairaland

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500k Per Month In Nigeria Or 2000pounds Per Month In The Uk / Can He Still Be Considered 26 Years old or not? / Business Idea For A Budget Of 500k (2) (3) (4)

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Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by dvkot(m): 4:26pm On May 26, 2022
pongwa:
walahi I just replied someone now I a manner similar to yours. God bless you. I didn't even read this before
God bless you too boss, they just saying rubbish

Someone making 500k/mnth can buy a car of 3m
Someone making 5m/mnth can buy a brand new car of 30m
Someone making 50m/mnth can buy a ferarri
Someone 100m/mnth can buy a private jet
Someone making 1bn/mnth can buy a private yatch

All of them are rich.. Make una rest this matter abeg if you think you not rich is your mindset cos even if you make 5m you won't still see yourself as being rich

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Emoney2M: 4:27pm On May 26, 2022
SUPERPACK:
Speak for those that have zero in economics sha not me. With that pay I will enjoy my life here in Nigeria and never look for more. I will still save 250k per month at the end minimum. I live a minimal lifestyle, no smoking, drinking, clubbing, womanising nor friends and don't fancy social attention.

And what life are u now living?

No sin, no socialization and yet there's money to spend?

Ita basically because you've not gotten such funds, you will find your Taste and circle of friends change, and gradually you learn some vices.
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by chigoizie7(m): 4:30pm On May 26, 2022
You are comfortable atleast.

Btw, that’s my monthly rent where I stay. Excluding water, electricity,wifi, gas and pay tv subscriptions.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Angelfrost(m): 4:31pm On May 26, 2022
SeunTheOwner:


This is not true.
Over the last 12 months, my earnings increased by an excellent percentage and I have more savings than in any other year.
The reason is simple, I did not change my lifestyle. Besides Food, TP, and rent, what took money out of my pocket was gifting.

Leave these people... They have never seen or earned real money!

Nairaland is filled with people who assume ridiculous airs. People that fake it so unnecessarily. Even Dangote and Otedola won't look down on 500K a month.

People who grew wealthy through hard work don't turn their nose at where they were before.

4 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by SUPERPACK: 4:33pm On May 26, 2022
Androgens:


One word POVERTEA. N500k Is Just an Average Salary In a SANE Working Nation. Only In A Poverty Ravaged Nation like Nigeria will senseless people consider someone earning N500k monthly rich..
Shut your dirty mouth empty barrel. As if you are even earning up to 200k. Una go just open mouth waaaa like Donkey.

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by SUPERPACK: 4:37pm On May 26, 2022
Emoney2M:


And what life are u now living?

No sin, no socialization and yet there's money to spend?

Ita basically because you've not gotten such funds, you will find your Taste and circle of friends change, and gradually you learn some vices.
I spend my money on my hobbies e.g research, electronics and videogames. You must not socialise to be alive, there is much more to life. Besides, I never complained to you.

2 Likes 1 Share

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Tomilola360: 4:40pm On May 26, 2022
buhahahaha! rich? you are below average. except you are used to hard life
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Angelfrost(m): 4:41pm On May 26, 2022
NOETHNICITY:
I earn over a million monthly, yet I don't see myself as rich

Others earn a little past 600k monthly and not only see themselves as rich, they actually live it up!

That's why it is subjective!

If Elon Musk looks at the account balance of most entertainers, he will probably despise them as miserably poor!

Your perception of wealth is your choice not fact!

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Ashekboy: 4:42pm On May 26, 2022
If you don't go beyond your limit, you will soon get rich with 500K monthly. It depends on individual lifestyle

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Angelfrost(m): 4:49pm On May 26, 2022
Androgens:


One word POVERTEA. N500k Is Just an Average Salary In a SANE Working Nation. Only In A Poverty Ravaged Nation like Nigeria will senseless people consider someone earning N500k monthly rich..

Is America a poor nation??!

How many Americans living in America would you consider wealthy??!

How many Canadians and British living in their respective flourishing nations would you consider WEALTHY?!!

Let's start from there!

Some of you think you can just throw words around!!! tongue
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by NOETHNICITY(m): 4:54pm On May 26, 2022
Angelfrost:


Others earn a little past 600k monthly and not only see themselves as rich, they actually live it up!

That's why it is subjective!

If Elon Musk looks at the account balance of most entertainers, he will probably despise them as miserably poor!

Your perception of wealth is your choice not fact!
The bolded is absolutely correct. Infact it can't be more correct. You are a genius.
I've since told myself that I will not consider myself rich until I set up my own biz that can generate a monthly income of at least 2mil. Only then will I relax and tell myself that I am rich

3 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Angelfrost(m): 4:58pm On May 26, 2022
NOETHNICITY:
The bolded is absolutely correct. Infact it can't be more correct. You are a genius.
I've since told myself that I will not consider myself rich until I set up my own biz that can generate a monthly income of at least 2mil. Only then will I relax and tell myself that I am rich

I like that sir...

Please, keep it up. Stay motivated but remain legit.

You will make it!

3 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Aaaaarghmed(m): 4:59pm On May 26, 2022
MaZee1:
I earn 2.7m monthly and I don't consider myself rich yet
na you sabi o.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by NOETHNICITY(m): 4:59pm On May 26, 2022
pongwa:
no be fight man. Truth is bitter anyway. I also perceive you have poverty of knowledge and understanding. If you think you need a particular sum to be rich then you are not far from poverty.


'Rich' is a mindset, the one that enables a man to make decisions that'll add value to his life. You have to get it right first before you escape poverty. I thought you knew that. For that guy to land a job of 500k plus, it means that he has something qnd its that thing that will add value to his life. Not knowing this amounts to poverty (I don tire to type)
Oga sir, I say you win sir
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by pongwa(m): 5:03pm On May 26, 2022
NOETHNICITY:
Oga sir, I say you win sir
I don't expect you to quote me again after telling me this same thing earlier. Make e rest for your side
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by baretalk: 5:04pm On May 26, 2022
Op are you a kid, don't you know what rich is, lol
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by SenecaTheYonger: 5:05pm On May 26, 2022
UyaiIncomparabl:


Start earning it and you will know.

As your income increases, your taste increases. Those that know, know.

You don’t even earn up to minimum wage. Well sha, anyone can form anything here grin grin
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by JBoss25(m): 5:12pm On May 26, 2022
MaZee1:
I earn 2.7m monthly and I don't consider myself rich yet
you get this kind money but to give somebody urgent 2k is a problem sad
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by kelvindj98: 5:18pm On May 26, 2022
Person wey no get even 10k for account dey call 500k average salary. All of una and the OP wey use the post catch cruise are mad

3 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by JayIsforGod(m): 5:20pm On May 26, 2022
Mehn ; I am so touched by OP testimony of #500k legit earning per monthly basis. . Boss come tell us too what career path you are , what certificate , skills & knowledge you have bank to earn this much with a country like Nigeria where , where graduate & master degree holder work 100k -150k/month. . .

I have saved #500k I want to splash on acquiring international certification in HSE, Logistics Or PMP. . . I must live this life on my own dictate. More blessing to all Guys working legit here.

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by ceematics: 5:24pm On May 26, 2022
God should just bless me with 100k salary I don't need millions this 30k salary wey I dey try to save 5k every month sef na wahala. God please uplift my salary.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Ezidimma(m): 5:25pm On May 26, 2022
SUPERPACK:
Speak for those that have zero in economics sha not me. With that pay I will enjoy my life here in Nigeria and never look for more. I will still save 250k per month at the end minimum. I live a minimal lifestyle, no smoking, drinking, clubbing, womanising nor friends and don't fancy social attention.
Rubbish, you only need to taste it to know that in our present Nigeria, 500k will not make you rich if you havr four or more children that you intend to give quality life. And if you have an aged mom that depends on you like I do......I & my wife earn a joint Salary of 450k & we are not vain yet we can call ourselves rich & we have 2 kids not 4 & we live in Surulere not Lekki.
Say what you know.
How much is noodles?
Beverages?
Fuel?
Garri?
Rice?
Etc etc?
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by wirinet(m): 5:29pm On May 26, 2022
dvkot:
God bless you too boss, they just saying rubbish

Someone making 500k/mnth can buy a car of 3m
Someone making 5m/mnth can buy a brand new car of 30m
Someone making 50m/mnth can buy a ferarri
Someone 100m/mnth can buy a private jet
Someone making 1bn/mnth can buy a private yatch

All of them are rich.. Make una rest this matter abeg if you think you not rich is your mindset cos even if you make 5m you won't still see yourself as being rich

3m will get you a tokumbo 2003 -2004 Toyota Camry (pure water). Do you consider a person buying a used Toyota Camry as rich?

30m will buy you the 2021 model Toyota Camry brand new. Do you consider someone driving a 2021 Toyota Camry rich?

A brand new Mercedes-Benz GLS-Class 2021 model will go for ₦300,000,000. Now do you consider someone driving it rich?

Which of these 3 will you consider rich?
The bone of contention is if we can consider someone earning 500k in Nigeria as being rich by International and not Nigerian standard.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by tarantino1: 5:32pm On May 26, 2022
Angelfrost:


True sir... 150k is quite small even for a bachelor, but that is the reality of most Nigerians today.

How many Nigerians see legit 500k every month to call it common or average?!! That is my bone of contention on this thread.

Many of those making empty noise about how small the amount is actually live well on less as we type. So why the needless bragging all over?!!

The annoying part is this constant comparison with those earning Dollars abroad... Like what kinda dull economics is that?!!

It's so annoying to see Nlders labelling an amount that 90% of Nigerians don't earn anything close to monthly as average.

What's the average household income in this country? It's a shame we don't have the statistics. But the CBN report about bank savings was an eye opener.

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by wirinet(m): 5:32pm On May 26, 2022
Ezidimma:

Rubbish, you only need to taste it to know that in our present Nigeria, 500k will not make you rich if you havr four or more children that you intend to give quality life. And if you have an aged mom that depends on you like I do......I & my wife earn a joint Salary of 450k & we are not vain yet we can call ourselves rich & we have 2 kids not 4 & we live in Surulere not Lekki.
Say what you know.
How much is noodles?
Beverages?
Fuel?
Garri?
Rice?
Etc etc?

No mind them? They are just starting life. When they start their own families and drown on responsibilities, they will know what's up?

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Angelfrost(m): 5:40pm On May 26, 2022
tarantino1:


It's so annoying to see Nlders labelling an amount that 90% of Nigerians don't earn anything close to monthly as average.

What's the average household income in this country? It's a shame we don't have the statistics. But the CBN report about bank savings was an eye opener.


Nairaland is social media like Instagram and Twitter where people lie through their teeth. Take them seriously at your own peril.

You don't even need CBN report to tell you that, averagely, most working and hustling Nigerians don't earn anywhere near half a Million monthly. That's a Lottery by Nigerian standards.

Don't mind some of these people forming what I don't know! grin

3 Likes 1 Share

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Remnita(f): 5:40pm On May 26, 2022
MrBrownJay1:
@OP
as much as your friend is just a greedy person who expects you to dash him money left right center, he is righ to say that you aint poor.... but just because you aint, that doesnt mean you should also be foolish in throwing your money away like that.

How is it a lot
Omo nah poverty Dey do you sha
Guess you have not even seen 100k in your life before
Calling 500k money in this dwindling economy just be deceiving yourself

lots of responsibilities/mouth to feed??!!?! do the people who earn 50K monthly NOT have these same responsibilities/mouth to feed?!?!?
i think it is dangerous to claim that earning 500K monthly in Nigeria is anything but being rich....lets forget anywhere else in the world, in NIGERIA, 500K monthly is a LOOOOOOOOT!
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by MrBrownJay1(m): 5:47pm On May 26, 2022
Remnita:
How is it a lot
Omo nah poverty Dey do you sha
Guess you have not even seen 100k in your life before
Calling 500k money in this dwindling economy just be deceiving yourself

what does the dwindling economy got to do with anything?! the only thing the dwindling economy is gonna do is make POOR PEOPLE POORER... and if you believe that someone earning 500k monthly in Nigeria is a poor person, then so be it....you are entitled to your opinion.
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Angelfrost(m): 5:53pm On May 26, 2022
MrBrownJay1:


what does the dwindling economy got to do with anything?! the only thing the dwindling economy is gonna do is make POOR PEOPLE POORER... and if you believe that someone earning 500k monthly in Nigeria is a poor person, then so be it....you are entitled to your opinion.

Don't mind these people... Coming to social
Media to show off their imaginations.

Where them see the money sef?!!

The only thing this economy has done is to make people who are wise to be more prudent with their money... They confuse financial prudence with poverty!

They believe extravagance and showing off are equal to being wealthy! Such pathetic reasoning.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by SUPERPACK: 5:54pm On May 26, 2022
Ezidimma:

Rubbish, you only need to taste it to know that in our present Nigeria, 500k will not make you rich if you havr four or more children that you intend to give quality life. And if you have an aged mom that depends on you like I do......I & my wife earn a joint Salary of 450k & we are not vain yet we can call ourselves rich & we have 2 kids not 4 & we live in Surulere not Lekki.
Say what you know.
How much is noodles?
Beverages?
Fuel?
Garri?
Rice?
Etc etc?
You are married OP is not
You and your wife earn 450k only him earns 513k after tax, pension and insurance deductions plus possible welfare packages. The reply is to the OP not you.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by twosquare(m): 5:55pm On May 26, 2022
Lol...we have different mindsets to life...I am like that guy, and I have not learned vices. I enjoy being at peace and my circle of friends are people who abound in good works, not the corruptible.

If you don't have crowns in certain matters, well, you are bound to misbehave and get pushed.

Emoney2M:


And what life are u now living?

No sin, no socialization and yet there's money to spend?

Ita basically because you've not gotten such funds, you will find your Taste and circle of friends change, and gradually you learn some vices.

1 Like

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