tallar:
Hello, I am a woman and I manage my home and also try to save and these are the things I do, I hope it can help u.
Meat; I buy a full goat btw 13-18k depending on size (including killing and cutting) not from market women but the slaughter, I buy chickens from farmers directly during off season btw 1k to 1.5k depending on the size 5k total. I portion the goatmeat 30pcs per bag and keep them in the freezer and it can last me for 3months. The chicken I use when I feel like eating chicken stew

I buy rice, palm oil and garri in bulk sometimes vegetable oil(off season too). I just bought rice for 9k half bag and it should last for 5months.
Every Saturday, I limit my spending to 4K (this includes, salt, Maggie half pack, dry pepper 100, G/oil etc)or less for soup and stew depending on the soup I am cooking
For fuel 4500 is what i spend cos I need my freezer frozen due to the meat, chicken and other things I store.
Dstv 1900, water bill 4000, Gas refill is every 2-3months depending on usage. I buy provisions like milo, milk sugar from wholesalers and mostly small satchels or refill packs. 8k. Pure water 3000, data 6k, Airtime 3k.

Most times when price of things have gone up, I reduce the foodstuff I buy. For instance, if yam is expensive I don't buy, I substitute with plantain or sweet potatoes. I try to maximize the cash I have as much as possible and most times I end up not spending up to 100k in a month.

Pls tell your wife that you are in debt and that the company has decided to cut your salary. Therefore her upkeep money will be reduced from 250-150k. Then give your bank a standing order that as soon as you get paid they should deduct 150k into an account that you can't withdraw from till end of the year. This way you won't have spare cash to help all and sundry but u will have substantial savings by year end. Also encourage your wife to save telling her that as the economy is getting bad u need her to save so she can stand on her feet Incase anything happens to u or your job. Nobody knows tomorrow. Wish u the best.

77FOT:


Thanks a lot.

She claims life in PH is more expensive than LAG..... even if it is, some families do well with quarter of that upkeep money monthly and they reside in PH

I think one of the mistake I made was to reveal how much I earn just after I got this job.
[color=#990000]There is absolutely nothing bad in revealing to her, she only should have used her feminine strength to help build a savings culture and if I may say cover your weakness.

You a right on your assertion on the many people calling me for financial help. My mother and my mother-in-law has said the same thing. They got know I don't turn down cry for financial help from my wife.
Hmmmm, does she discuss everything with 3rd parties?

There are no two ways I must take a stand and make adjustments before its too late. Yes, you have too except from the 250k she is doing a business or probably an investment or building your family a house[/color]

tallar:
Hello, I am a woman and I manage my home and also try to save and these are the things I do, I hope it can help u.
Meat; I buy a full goat btw 13-18k depending on size (including killing and cutting) not from market women but the slaughter, I buy chickens from farmers directly during off season btw 1k to 1.5k depending on the size 5k total. I portion the goatmeat 30pcs per bag and keep them in the freezer and it can last me for 3months. The chicken I use when I feel like eating chicken stew

I buy rice, palm oil and garri in bulk sometimes vegetable oil(off season too). I just bought rice for 9k half bag and it should last for 5months.
Every Saturday, I limit my spending to 4K (this includes, salt, Maggie half pack, dry pepper 100, G/oil etc)or less for soup and stew depending on the soup I am cooking
For fuel 4500 is what i spend cos I need my freezer frozen due to the meat, chicken and other things I store.
Dstv 1900, water bill 4000, Gas refill is every 2-3months depending on usage. I buy provisions like milo, milk sugar from wholesalers and mostly small satchels or refill packs. 8k. Pure water 3000, data 6k, Airtime 3k.

Most times when price of things have gone up, I reduce the foodstuff I buy. For instance, if yam is expensive I don't buy, I substitute with plantain or sweet potatoes. I try to maximize the cash I have as much as possible and most times I end up not spending up to 100k in a month.

Pls tell your wife that you are in debt and that the company has decided to cut your salary. Therefore her upkeep money will be reduced from 250-150k. Then give your bank a standing order that as soon as you get paid they should deduct 150k into an account that you can't withdraw from till end of the year. This way you won't have spare cash to help all and sundry but u will have substantial savings by year end. Also encourage your wife to save telling her that as the economy is getting bad u need her to save so she can stand on her feet Incase anything happens to u or your job. Nobody knows tomorrow. Wish u the best.

Acidosis:
Family of 6, 250k per month?

I don't think that is too much in a place like P/H.


Some Bachelors earn 200k monthly and can't account for any thing. DSTV, fuel, transport and electricity bill gulp about 50k. Food and upkeep take a larger share, so what's left?

You've got TBills investment plus an asset (land). Worry less, it is not as bad as you think. To clear your doubts, sit with your wife, try to know what she spends on, and see how you can manage the budget.

It is not an easy task to take care of 5 people plus yourself. Some people are finding it difficult to maintain 1 girlfriend in spite earning averagely. Plus you also need to consider the fact that baby stuffs are expensive.. Bros you've got 4! As in 4!
You can't work with the same budget posted by people with 2 teenagers.

helovesme:


He does not have any investments in T Bills. Read his post again.

The only “investment” he has is the land and he’s yet to pay off the cost of the land in full.

yeyerolling:
Bear d consequences. See as u born pikin plenty

tallar:
Hello, I am a woman and I manage my home and also try to save and these are the things I do, I hope it can help u.
Meat; I buy a full goat btw 13-18k depending on size (including killing and cutting) not from market women but the slaughter, I buy chickens from farmers directly during off season btw 1k to 1.5k depending on the size 5k total. I portion the goatmeat 30pcs per bag and keep them in the freezer and it can last me for 3months. The chicken I use when I feel like eating chicken stew

I buy rice, palm oil and garri in bulk sometimes vegetable oil(off season too). I just bought rice for 9k half bag and it should last for 5months.
Every Saturday, I limit my spending to 4K (this includes, salt, Maggie half pack, dry pepper 100, G/oil etc)or less for soup and stew depending on the soup I am cooking
For fuel 4500 is what i spend cos I need my freezer frozen due to the meat, chicken and other things I store.
Dstv 1900, water bill 4000, Gas refill is every 2-3months depending on usage. I buy provisions like milo, milk sugar from wholesalers and mostly small satchels or refill packs. 8k. Pure water 3000, data 6k, Airtime 3k.

Most times when price of things have gone up, I reduce the foodstuff I buy. For instance, if yam is expensive I don't buy, I substitute with plantain or sweet potatoes. I try to maximize the cash I have as much as possible and most times I end up not spending up to 100k in a month.

Pls tell your wife that you are in debt and that the company has decided to cut your salary. Therefore her upkeep money will be reduced from 250-150k. Then give your bank a standing order that as soon as you get paid they should deduct 150k into an account that you can't withdraw from till end of the year. This way you won't have spare cash to help all and sundry but u will have substantial savings by year end. Also encourage your wife to save telling her that as the economy is getting bad u need her to save so she can stand on her feet Incase anything happens to u or your job. Nobody knows tomorrow. Wish u the best.

Agbaletu:
O ga o 250k for a family of four! Op, please do something very fast. My driver earns 75k in abuja, he has almost completed a three bedroom flat in Nasarawa State and he bought a car he uses for taxi after closing by 4-5pm. He has two kids and a wife o.
250k is just too much man!

Acidosis:
Family of 6, 250k per month?

I don't think that is too much in a place like P/H.


Some Bachelors earn 200k monthly and can't account for any thing. DSTV, fuel, transport and electricity bill gulp about 50k. Food and upkeep take a larger share, so what's left?

You've got TBills investment plus an asset (land). Worry less, it is not as bad as you think. To clear your doubts, sit with your wife, try to know what she spends on, and see how you can manage the budget.

It is not an easy task to take care of 5 people plus yourself. Some people are finding it difficult to maintain 1 girlfriend in spite earning averagely. Plus you also need to consider the fact that baby stuffs are expensive.. Bros you've got 4! As in 4!
You can't work with the same budget posted by people with 2 teenagers.

janefarms2015:
Listen to the advice of babythug, and also stop sending mrs 250k monthly kilode? Dont be suprised she will be taking care of her families problems with part of that, send her 100k, she will know how to manage, how do you pay ur kids school fees? I may sound harsh but your wife is not prudent enough, what if your salary is 150k, wont all of you survive? My friend wake up before its too late

77FOT:


Thanks a bunch!

As at yesterday evening when I got home, we had a discussion based on the feedback I got here.

I don't think she is sending to her folks.

My parent in-laws are comfortable.....

she has only on sibling who is also married.

I found out we have spent 150k already...

That means 150k for 2 weeks in the month!

I can confirm that retail buying is not cost effective for us.

Hence, the bulk buying option is way to go.

We also plan to cut cost on fuel.

77FOT:


Thanks a lot

School fees and rent not included in the 250k.

I will get more involved just as you and other great people have suggested. Next month, I would drive her to the market to encourage her and see how much difference we can make.

We have agreed on No more babies.

77FOT:
@babythug

@keepingmum

@dunasy

@Roseey0

@Jaychubi

@izaray

@Firerain

@Janefarms2015

@serenegroup

@Noloss

@yeyerolling

@tallar

@agbaletu

@Acidiosis

@helovesme

Thank you so much !.

UjuJoan2:
250k for 4 kids (including an infant) is not too much to spend ooh. PH is a very very expensive place. Taking care of an infant is expensive. Baby formula, diapers,
cereal e.t.c.

But OP I agree you can still cut cost. I noticed recently that it is way cheaper ( and healthier) if you process your baby cereal yourself. Corn, dawa, soya bean, crayfish, e..t. c. At the end of it all you get a very healthy cereal and you don't even need to add too much milk to make it sweet and creamy. Try it. I used to spend almost 60k on baby items, but now I spend barely 25k and my baby is as chubby and healthy as ever!

FireRain:

Well done to everyone Mam babythug,helovesme.dunasy.coldplay.Uju..everybody..you have made valid points infact am learning too,may God bless your lives,Oga 77FOT,may God made it easy for u and ur wife,honestly d economy is not helping but there are millions out there living faarrrrrrr below yours and coping well,all the best sir.

77FOT:
Less I forget:

Total request for financial assistance as at yesterday Friday 17-11-2017 :

A. via call #80k (he is a former neighbor.....he has issues with local money lender he borrowed money from)

B. via call #150k (met him during my NYSC years ago...helped him through School...he just left Youth Service wants to start a small business)

C. via call/sms #50k (visually challenged friend......we attend the same church.....wants to write Trade Test(NATEB) and Special GCE as a requirement for LASG job program for people living with disabilities)

D. via verbal/call #any amount (he is a junior colleague at work father's burial today)

E. verbal/call #any amount (former class teacher of my daughter....mother's burial on 25th Nov. next Saturday)

The month has not ended Oh!

77FOT:
Less I forget:

Total request for financial assistance as at yesterday Friday 17-11-2017 :

A. via call #80k (he is a former neighbor.....he has issues with local money lender he borrowed money from)

B. via call #150k (met him during my NYSC years ago...helped him through School...he
just left Youth Service wants to start a small business)

C. via call/sms #50k (visually challenged friend......we attend the same church.....wants to write Trade Test(NATEB) and Special GCE as a requirement for LASG job program for people living with disabilities)

D. via verbal/call #any amount (he is a junior colleague at work father's burial today)

E. verbal/call #any amount (former class teacher of my daughter....mother's burial on 25th Nov. next Saturday)

The month has not ended Oh!

Acidosis:


Chai

tallar:
Hello, I am a woman and I manage my home and also try to save and these are the things I do, I hope it can help u.
Meat; I buy a full goat btw 13-18k depending on size (including killing and cutting) not from market women but the slaughter, I buy chickens from farmers directly during off season btw 1k to 1.5k depending on the size 5k total. I portion the goatmeat 30pcs per bag and keep them in the freezer and it can last me for 3months. The chicken I use when I feel like eating chicken stew

I buy rice, palm oil and garri in bulk sometimes vegetable oil(off season too). I just bought rice for 9k half bag and it should last for 5months.
Every Saturday, I limit my spending to 4K (this includes, salt, Maggie half pack, dry pepper 100, G/oil etc)or less for soup and stew depending on the soup I am cooking
For fuel 4500 is what i spend cos I need my freezer frozen due to the meat, chicken and other things I store.
Dstv 1900, water bill 4000, Gas refill is every 2-3months depending on usage. I buy provisions like milo, milk sugar from wholesalers and mostly small satchels or refill packs. 8k. Pure water 3000, data 6k, Airtime 3k.

Most times when price of things have gone up, I reduce the foodstuff I buy. For instance, if yam is expensive I don't buy, I substitute with plantain or sweet potatoes. I try to maximize the cash I have as much as possible and most times I end up not spending up to 100k in a month.

Pls tell your wife that you are in debt and that the company has decided to cut your salary. Therefore her upkeep money will be reduced from 250-150k. Then give your bank a standing order that as soon as you get paid they should deduct 150k into an account that you can't withdraw from till end of the year. This way you won't have spare cash to help all and sundry but u will have substantial savings by year end. Also encourage your wife to save telling her that as the economy is getting bad u need her to save so she can stand on her feet Incase anything happens to u or your job. Nobody knows tomorrow. Wish u the best.

77FOT:


Thanks a lot.

Your points are very revealing....

I have never thought of taking advantage of strategic seasonal bulk buying.

Waooo.