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Is It Possible To Live A Good Life With........ - Family - Nairaland

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Is It Possible To Live A Good Life With........ by efismikoko(m): 6:00pm On Aug 27, 2015
Hello house I would like your opinion on this please
Is it possible to live an "okay life" with 80k monthly income for 3 mouths (wife husband and a kid) we live in our own house and the income we are sure of getting always because it is generated by us even if we decide to stay at home all year thanks
Re: Is It Possible To Live A Good Life With........ by ladyF(f): 6:03pm On Aug 27, 2015
shocked school fees nko?
Re: Is It Possible To Live A Good Life With........ by efismikoko(m): 6:06pm On Aug 27, 2015
School fees for the child is included o
Re: Is It Possible To Live A Good Life With........ by Cutehector(m): 6:13pm On Aug 27, 2015
Op, pls dnt mind wat people write here to discorage u... The lord dat said, he who finds a wife, finds a good thing and obtains favor frm d lord shall bless ur hustle...
Re: Is It Possible To Live A Good Life With........ by IamforGod: 6:14pm On Aug 27, 2015
It is o if ur wife does nt wear brazillian hair and expensive make up
Re: Is It Possible To Live A Good Life With........ by efismikoko(m): 6:21pm On Aug 27, 2015
I have a job now kind of okay atleast in the past few years have been able to invest in properties that gives us that money but right now my job is getting tiring I always feel like pulling out so that's why I want to know if one can live well with 80k for now
Re: Is It Possible To Live A Good Life With........ by Nobody: 6:24pm On Aug 27, 2015
It will depending on how you manage it.. The child is still small, his school fees wouldn't be much and it's paid quarterly or annually. Not a monthly thing...

The rest would be for your upkeep. ..

Anyway, it depends on the standard of living you wish to command. ...
Re: Is It Possible To Live A Good Life With........ by Nobody: 6:29pm On Aug 27, 2015
efismikoko:
I have a job now kind of okay atleast in the past few years have been able to invest in properties that gives us that money but right now my job is getting tiring I always feel like pulling out so that's why I want to know if one can live well with 80k for now

You should know better. . What's your average monthly expenses like? Can the 80k cover it?
Re: Is It Possible To Live A Good Life With........ by SUGARBEE(f): 6:38pm On Aug 27, 2015
It's very very possible.. Good planning on how to spend your income would really help
Re: Is It Possible To Live A Good Life With........ by zainabicy: 8:03pm On Aug 27, 2015
It is, very well. U hav ur budget so u stick with is.

People dat collect minimum wage nko? R dey dieing?
Re: Is It Possible To Live A Good Life With........ by efismikoko(m): 8:36pm On Aug 27, 2015
that's true I wonder how minimum wage families survive and still pay house rent. Am just indecisive to pull out of my job and start something of my own. Atleast if I pull out another person can get a job that's true I wonder how minimum wage families survive and still pay house rent. Am just indecisive to pull out of my job and start something of my own. Atleast if I pull out another person can get a job lol
cheesy
Re: Is It Possible To Live A Good Life With........ by GHoJes: 9:02pm On Aug 27, 2015
If there was no property would you be seeing your job as tiring?
80k is quite okay, but i advice you work some more targeted time frame living only on 80k or less, then use the accrued salary to open a business that you can do with your wife as you wait for another job or better still do full time.
If you really are the laid back type i'm sensing, you may not stress yourself to join a more tiring hustle for another job especially with your 80k comfort zone. As you continously stay at home, you may make everything your tenants do your job, you may irritate them, they may irritate you easily and you may possibly lose their respect. When your needs become bigger, your eyes will be on your tenants, you may helplessly find yourself increasing rent outrageously or eyeing that tenant living larger than the landlord (it may sound "unyou", dont be too sure till you wear the shoe). How about savings? What about when more kids come? Property maintenance? You dont want to teach you child to only to sit back and depend on property, you are still a young man dont retire yet.
I know you are thinking it is just for now, but have you alternatives if now extends into 5years or more given the country's position. Get something to fall on immediately aside the 80k property before quiting your job.

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Re: Is It Possible To Live A Good Life With........ by IamGabby: 9:22pm On Aug 27, 2015
Might be okay for now.With time you might have mouths to feed and prices of things can even rise up.
Re: Is It Possible To Live A Good Life With........ by GodnGold: 11:24pm On Aug 27, 2015
efismikoko:
I have a job now kind of okay atleast in the past few years have been able to invest in properties that gives us that money but right now my job is getting tiring I always feel like pulling out so that's why I want to know if one can live well with 80k for now

For now,it may seem ok,but dont quit that job.Times are really hard brother,hold on to the job.Thank me later.

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