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Nairaland Forum / Nairaland / General / Career / Salary Spending Formula (819 Views)
The Hard Truth About Your Salary / Shell Sacks 6,500, Slash Capital Spending / Picture: Anything Bad Spending My Salary This Way? (2) (3) (4)
Salary Spending Formula by lucky98: 11:55pm On Jan 19, 2013 |
Hi, i just got a good job with a mouth-watering pay, and I was wondering if anyone has a good spending formula. Hey, i know its always normal to wanna save and pay bills, but aside that is there really any formula that can be used for efficient or prudent spending, or is there any stuff u can do with the remaining pay after one has taken care of the usuals. |
Re: Salary Spending Formula by sixteen08(m): 6:56am On Jan 20, 2013 |
Savings:20 percent Living expenses(clothes,food,shelter):50 percent Education:10percent Recreation:10percent Miscellaneous:10percent......dis isn't a hard n fast rule bt I guess it culd serve as a compass |
Re: Salary Spending Formula by lucky98: 1:51pm On Jan 20, 2013 |
@Sixteen008, thanx for ur input. Kinda sad that Nigeria has little or no exciting investments options. Everything seem to be usual. |
Re: Salary Spending Formula by sixteen08(m): 6:02pm On Jan 20, 2013 |
Everything seem to be usual" can u pls expatiate on dat. |
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