You probably want to mock us

advanceDNA:


Just cut ur expense....500k is not small money in naija ....just that our leaders are heartless making some expense too high

No generator every night ...u won't die

If u have kids....DStv subscriptions should be during holidays....they wont die.....

If u have a car that u use daily to work that takes as little as 10litres per day ....that's roughly 10-11k per day and 220k per month minus Saturday and Sunday outing and servicing cost....Use public transport ..u won't die...

Buy satchet water instead of bottle...or check if ur tap water is drinkable...a friend told me he started taking his tap water when he calculated and found his cost on water was 80k month...

The "YOU WILL NOT DIE" is profound. Just live below your means.

Emaprince:
What? How do you do it?

Which state do you reside..whats the rents like and general cost of living, cos 300k a month with wife and then two kids? School fees nko.

So many explanations needed

I reside in Ogun state, two bedroom flat 200k per year, no agent fees, which I save 20k per month for, every time we get paid, my wife will buy basket of peppers and tomatoes from farmers at cheap prices, then we grind it and place it inside freezer, from our compound we raise turkeys and chickens that serves as protein only spend 20k for their feeding per month, as buying Gari and Beans in local Market which come with low price sometime I do make garri from scratch at home .... alot just to reduce expenses

Someone mentioned DSTV ... a have a free to air decoder at home, that air cartoon and some other interesting stuff so no monthly subscription except for data which I do 20gb for a month around 5k, I share this with my wife and because at work I do have free wifi with no restriction

On transportation to work i spend 1k per day that is 20k for a month

Jega2000:
... maybe 2m-3m..

Guy. It would not be easy to get a job in naija where you would earn 2m - 3m per month. You could also think of more than one niche that would earn you such income

uvie66:
..... and how many organizations can afford to pay you 2 to 3m in naija?

You mustn't wait for organizations to pay you that. Go solo.

Please educate how you cope and still manage to save from that Amount.

Do you fuel car, fuel generator, DSTV subscription,
pay security levy, sweeping of compound, pay Lawma .....?

harjay1986:


That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

dheolexaone:
Except if you are looking for attention but if not, with 500k as a single guy on a monthly basis. You can say it's nothing when it equates to your high standard of living which from what I read so far it is, but when you maintain a low key life... You will be comfortable.

Let's start with rent... Where are you living and how much do you spend yearly when you can afford less.
Utility bills... How well do you manage your utilities,.light in band A etc. use Ur brain.
Transport... Going out with car on a daily as a big boy won't help you save. Use your brain.
Food... Do you patronise eateries all the time, learn how to start cooking or let someone cook for you and refrigerate all to save for later.
Dorime... How well do you do dorime and unnecessary spending ... Calculate it's all from your salary.

No matter how I count them all, if you don't live beyond the 500k, you will still complain when given 1.5m salary cuz your needs will increase as well.
j
I earn 500k as a wife and my husband earns 200k.
I support in rent, pay school fees as they don't attend most expensive schools but have the best training from myself and the dad to back them up academically. Cook without waiting for money from my husband and don't ever complain at any time. We are here to help each other not a liability to one another.
I solely subscribe for entertainment at home with unlimited data and I am still able to save up to 250-300k monthly after paying my mum salary and helping some family members for the month.
I have a car but only drive when it's important for me and us as a family.

In all, nobody can help you spend your money. Your wants needs to be worked on.
Shalom.

Wow powerful advice from a Wise woman I salute you. Twale!!

You earning such amount monthly and you are complaining many in Nigerian their is not up to 200k and they are surviving The best thing you cut many life style down

Kobojunkie:
In Nigeria today, it puts you well within the poverty bracket particularly if you have dependents apart from yourself.

Rubbish and nonsensical verdict

1Salaam:
650k in Lagos is 250k
650k in osogbo is - 500k
650k in Jos is 850k
650k in Bauchi is 1m


WHERE ARE YOU EARNING THE 650k

You are not talking reality but just what you think. Osogbo is the second city with highest food prices after Lagos, according to NBS. 650k in Osogbo is like 300k if that of Lagos is like 250k

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

many who have japa are not even earning as much where they’re yet won’t want to come back home with the promise of the amount you earn, they would have even considered with the promise of 1/3 of it. But many Nigerians here can relate how almost impossible! It is not as green on the other side.

You’re obviously from a wealthy home. No one can advise you here, you alone can advise yourself. Don’t just come here and begin insulting Nigerians because many don’t even see your 1 month earning in a whole year (annually).

Harddiskng:


Are you minding the people that are deluding themselves on the trend that it is small, set online billionaires

As a single person, the OP is earning enough to be living his best life. Only him knows what it eating up with funds with him.

Mr man! Don’t say what you don’t know

Do you know what lifestyle means?

GiftofGod77:
Yes Boss...because no matter where you are in life try to live under what you can afford. This does not mean living malnourished or in penury or poverty but living moderately and choosing the simple healthy and fun life. This will enable some savings to be made no matter how small. As the savings grow we learn different businesses or ventures well and then we can remove a small fraction of our savings to just try and see. If it works we learn more and increase our investments gradually. Over the upcoming years it will grow then we can make further investments in fixed or more viable assets for our old age and even our seeds whether born now or unborn.

.


The tragedy is that many people don't know how to manage money

Which is the number one reason of poverty

If people can manage there money well
They can wipe away poverty from there linage
Also teaching there children to learn proper management of money as they grow
It's not the amount of money that a person earn that's important
But what really matters
How much was retained, saved, invested that matters

harjay1986:


That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

300k you still save 100k? Your wife is probably contributing.

Let's assume each person feeding is N500 per meal, that's N1500 a day per head and N7500 for the 5 of you. 7500 x 30 = 225,000 in a month for feeding, other things are not included.

So there's no way 300k can sustained 5 people and still have 100k, unless your wife is contributing and you have side income.

The N500 I wrote can't even feed anyone in this current Nigeria at ago.

proeast:
Delusional thread. Comments are so disconnected from the reality in Nigeria that you begin to wonder if these ones are living in an alternate universe.

In saner climes, if you're earning above minimum wage, you're considered relatively comfortable. Here in Nigeria, how much is the old minimum wage? How much is the new one Tinubu has refused to pay? Are they anywhere close to the amount the op quoted?

This is a country where less than 3% earns above 200k per month. Many bread winners even still earn below 100k and many others don't even earn anything at all.

Continue deceiving yourselves.

Bro change your clique

harjay1986:


I reside in Ogun state, two bedroom flat 200k per year, no agent fees, which I save 20k per month for, every time we get paid, my wife will buy basket of peppers and tomatoes from farmers at cheap prices, then we grind it and place it inside freezer, from our compound we raise turkeys and chickens that serves as protein only spend 20k for their feeding per month, as buying Gari and Beans in local Market which come with low price sometime I do make garri from scratch at home .... alot just to reduce expenses

Someone mentioned DSTV ... a have a free to air decoder at home, that air cartoon and some other interesting stuff so no monthly subscription except for data which I do 20gb for a month around 5k, I share this with my wife and because at work I do have free wifi with no restriction

On transportation to work i spend 1k per day that is 20k for a month

Your head dey there.

My primary remote work pays me millions a month. I earn like a prince but live like a pauper. This lifestyle has enabled me to get solid investments because I do not spend on frivolities. All those going to club and spending money like there is no tomorrow is a life I have left behind with my 20s decade.

I have stopped recharging DSTV for months now. I have found I am too busy to even watch TV. Free to air cartoons full everywhere. As a child, we had no DSTV, no VHS machine (popsie bought it when I was 17). We relied on NTA for cartoons like Voltron, etc. We even had to hide to watch it because we were severely restricted and had to study in the evening.

Cut your coats according to your size.

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

You will still not be comfortable even with 1million

fineboynl:
To be frank each time i go out nothing less than 40k will likely go and that’s if i didn’t spend. Things are so expensive right now.

Fuel 15k-20k other’s expenses one cannot explain. And day you will spend it will get to 60-100k that depends. Even the babe you carry won’t believe you spend that much but na you know how much left you.

What do you do for a living that you can afford to spend 40k daily on yourself alone?
That is 1.2m in a month.

harjay1986:


That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

How? This has to be a miracle.

Please do a master class for us please.

Jega2000:
I spend 5k-6k daily on food..

lol

If I tell you how much I spend on food and transport everyday, you go fear.

You sell cooked meals to customers?

Jega2000:
... na phone and food stuff I dey sell ooo...

maasoap:


You are not talking reality but just what you think. Osogbo is the second city with highest food prices after Lagos, according to NBS. 650k in Osogbo is like 300k if that of Lagos is like 250k

You’re talking about food prices only

- accommodation
- transportation
- enjoyment cost

IsmailR:
Can you teach me your work? Pls try to be comfortable, there r some people looking for that type of job ooo

I swear oo. What about our likes that earn 80k monthly? OP please don't add to my anger .

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

Its a poor income...u need up to 1 mil ro ne considered good income

harjay1986:


That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

U need to be investigated

stagger:


Your head dey there.

My primary remote work pays me millions a month. I earn like a prince but live like a pauper. This lifestyle has enabled me to get solid investments because I do not spend on frivolities. All those going to club and spending money like there is no tomorrow is a life I have left behind with my 20s decade.

I have stopped recharging DSTV for months now. I have found I am too busy to even watch TV. Free to air cartoons full everywhere. As a child, we had no DSTV, no VHS machine (popsie bought it when I was 17). We relied on NTA for cartoons like Voltron, etc. We even had to hide to watch it because we were severely restricted and had to study in the evening.

Cut your coats according to your size.

Many people don't know that if you really want to have wealth you will deny yourself so manything so far they are not attached to your everyday life

don't let anyone pressure you, that salary is alot and places you in a top percentage of high earners especially if you are a single guy.

dreamxhaser:


Bro change your clique

Lolz, I have been earning in dollars since 2016. Earning over 1000 dollars on the average until AI started affecting my online work. I have also worked abroad and earned good money working as a professional but you think I'm operating on a low level because I told you the reality of most Nigerians?

Love800:
You sell cooked meals to customers?

... no raw food stuff

3ice9ce:
Move to Anambra. They will call you a Billionaire.

If dem no kidnap you join Ajeh.

Zetty177x:


U too get wisdom
Let add
If he's eating outside, he should start to cook. When I saw my expenses. I started cooking and swore not to go to eatery this year. I have been strict with it.

... is not possible for me to dey cook everyday based on the type of hustle wey I dey do...

proeast:
Delusional thread. Comments are so disconnected from the reality in Nigeria that you begin to wonder if these ones are living in an alternate universe.

In saner climes, if you're earning above minimum wage, you're considered relatively comfortable. Here in Nigeria, how much is the old minimum wage? How much is the new one Tinubu has refused to pay? Are they anywhere close to the amount the op quoted?

This is a country where less than 3% earns above 200k per month. Many bread winners even still earn below 100k and many others don't even earn anything at all.

Continue deceiving yourselves.

What is delusional about the thread?

Do you know the OP, his lifestyle, his responsibilities and his wants?

And how does more than 90% of Nigerians earning less than N200k negate the fact that the OP is struggling with a monthly income of about N500k?

Please let us stop this suffering Olympics this year and stop normalising suffering and poverty.