Hi

Many salary earners have actually spent their salary before receiving it, like ill jokingly say my eyes have spent my salary

We will be looking at stuffs that take your salary, we will be using the singles as we know most married people have extra stuffs added to their expenditure monthly example children school fees, diapers ,baby food etc

we will be using the salary scale of ₦ 70,000

Power Bills: Depends on what you use prepaid or direct bills, you still pay a lot. the average cost of power bills in Nigeria is ₦5,000 monthly note after paying maybe ₦1000 you still pay one hidden maintenance fee somewhere, you wont see this until you check your receipt. if you are using direct light be expecting nothing less than ₦7,000 monthly from the power companies

Lawma(Trash Management): Waste management is serious business especially in Lagos, do you know if you don’t pay you waste bills you can be prosecuted in Lagos or the gate of your house locked up, in my house that consists of 6 flats we pay ₦ 6000 monthly for waste management, that’s ₦ 1,000 naira per flat depending on your location.

Security Bills(Olode): This one is now a compulsory thing in Lagos and some part of western Nigeria, some group of young youths would come together and form a group , become a vigilante and start charging each street at least
₦ 1,000 per month note this is per flat too.

Transportation: Whether you are using a car or a bus, you would still pay for transportation. it cost an average lagosian ₦ 1500 daily to move to and fro around lagos to work.

Food: Should i say food is a curse because of the cost, lagosians spend an average ₦5000 per week for a person, this is because most lagosians are working class and dont have time to eat at home. so they end up buying food, Food Stuff should go for ₦ 15000 per month for a single person if the person chooses not to eat outside or minimize it.

Cable Subscription: The lowest Dstv or gotv sub goes for ₦ 2500 monthly , NOTE: Some people would still go out and spend ₦ 100 to watch football at viewing centers.

Recharge Card/Data: According to the NBS , Nigerians spend more on recharge card than food, in an average we recharge ₦ 5000 monthly on call cards and data

Notable Mentions

Partying: Cloths,shoes and drinks

Family Members which include parents,girl friends etc

Alumni associations

Emergency Health Conditions

Professional Exam fees etc

Police Fee (For those that like trouble making)

If you look at this over 75% of your salary is gone remember you still need to save for yearly rent and house maintenance.. why not save cost and share that empty room with people working near and save yourself some financial stress follow this link to get started

https://new.cotenant.com.ng/my-account/

Feel free to add what takes your salary monthly

you can read more here
https://new.cotenant.com.ng/2019/03/09/top-things-that-take-your-monthly-salary-silently/

lalasticlala

Hmmmm

Data

Fuel too

Fact

Salary

Sa- La - Ri
that is the yoruba translation( Losely)

meaning, 'we saw it briefly'


If you don't know, you dont



Drabeey was Here

U no add yeye girlfriends that brings absolutely nothing to the table.

Paying bills , with some for saving is the reason we all work.

Data own no be here oooo

Tax & Kelechi

If GOD wan catch you make the transformer for your street spoil, then the little savings you suppose make go follow fuel go.

family family family! really sucking the hell out of me!

Girl friends and side chicks

Okay

All the above on the 70k salary ?

Ok so op you forgot to add slay queens and baby mamas.

We are now in the era of those.

Human being we are born to suffer

MARKone:
Girl friends and side chicks

MARKone:
Girl friends and side chicks

.

Yes... women if you are not wise... and fake guys looking for desperate single ladies.

Bank maintenance fee

Every month 100 is deducted from my acc.

You no lie at all. Recharge card, data subscription for phone and viewing centre can take money away from us unknowingly.
Weekend vibes nko, Alcohol is number one of it. May God help us

True true

Aplaudez:
family family family!
really sucking the hell out of me!

You have said me mind.

A lot of lies and fabricated figures

Childofaking:
All the above on the 70k salary ?

Even in a less expensive cities than Lagos 70k won't take care of that

Lol arent what you posted the reason we work? If you can avoid all of them, then why the hell would one work? Are you a beast of burden? Please when you work, enjoy your money. Spend it on things you enjoy. Youve earned it. Pay your bills and have rest of mind. Eat well. It would be foolish to be working and still be eating like an undergraduate. Only advice is to always remove a chunk for savings for rainy days.

Remember when you get your salary, pay yourself first, no matter how small.

Don't forget to add tithe and offerings to the list of money reducing agents in the lives of many people.

To be working for someone is a curse unless u re working with chevron, shell, Texaco etc

Mine is data and cable subscription