In view of the present economic situation around the world and Nigeria in particular , adequate cautions must be taking by us all.

Be prepared to let go of some things and spend only when absolutely necessary. If you have saved money, try not to touch it quickly.

Avoid capital projects until you are certain of replenishing your bank accounts.

Avoid social travels that bring no added income.
If attending a burial, wedding, naming ceremony, marriage anniversary will eat into your savings, avoid them. You would be called names, accept the name calling but understand that these same people will call you worse names if you have to borrow from them to feed your family.

Reduce your responsibilities. Your first duty is to your family. If you don't provide for them, others will rarely do so.

Talk to your friends who are working not to bother asking you for favours.

Avoid those who ask you in advance what you are going to get for them on their birthdays or Valentine day. They tell you things are hard but refuse to agree that things are hard for you too.

Cut your pants according to your cloth. If you think that staying in Lekki will take more than half of your savings, move to Otta.

The downfall of a man is not the end of his life. Help your friends to start cutting costs by cutting costs yourself. Don't spend thousands to celebrate your birthday because you will be putting pressure on them to celebrate theirs.

If they call and ask how your birthday is going to be, tell them "Ground no level". Tell them you hope things will improve next year.

Do not be pushed into unnecessary spending for any reason.

Even if you have the money to spend, spend on things that can uplift your life and the life of others.

People have spent millions on their wedding, only to live unhappily thereafter.

People have spent millions on their birthdays, only to be forgotten a few month after.

Most importantly understand that happiness does not come from vanity.

There are hundreds of people out there that ready to rip you off even those you might not imagine.

Thanks bro!!! Super points!!! Even Olosho. And sidechics no sell for this recession period again!!!

Thanks.

theodavid:
Thanks.

Welcome

Op your write up is a bit of crap and it shows that you are lack of economic ideas. You are advising a country experiencing recession to reduce spending which will in turn slower the economy growth rate.I think you are one of these APC stewards or disciples who are blinded because of their loyalty to the Fulani Ruler who lacks the capacity to run a large economy in the 21st century.The current problem bedeviling this nation is that too much money is been withheld by few Nigerians who are scared of spending it in a draconian and dictatorship regime that does not give room for people to create wealth freely.It is only when when this govt decide to change its lopsided approach to tackling corruption before things can improve for the betterment of Nigerians otherwise we have to wait for another 3 years when a more capable leader will emerge.

Story....unnecessary spending just start sef.....clubbing things

Op you're advising people to spend wisely, but you just wasted your data.

All thanks to buhari and apc for fulfilling their cmpaign promises.

This is not the period when people spend just to show-off.

no they can all go to shoprite and buy the new iPhone 7s plus too......

them no dey tell blind man say e dey rain na

c

#this change beginswithyourspendings

oh kay

Cut your pants according to your cloth. If you think that staying in Lekki will take more than half of your savings, move to Otta.

So you want to bring me down Baa?

Thank God my girlfriend don go... If not na buy me this, buy me that like say I be ATM

When some don include iphone 7 on their wish list of next month and no matter the recession,my yoruba famz will always get money for aso ebi, funeral party etc.. .... I pray dey learn from dis write up

Makes a lot of sense.

Laitesmart:
Thanks bro!!! Super points!!! Even Olosho. And sidechics no sell for this recession period again!!!

I thought they have reduced their price per visit ni?


www.nairaland.com/attachments/3753229_saibaba_jpeg0989645d8a0fe821579c5abc258db923

Its ok

E go better make soldier slap person than to loss one thousand naira now o.

eya,naija Na wa.

5starmilitant:
E go better make soldier slap person than to loss one thousand naira now o.


www.nairaland.com/attachments/4215047_image_jpeg_jpeg6f95b5e7a24ad4fc0808d6698fd37362

Forget that one jawe.
The same Dangote who was given millions of $$$$$$$$$ at SUBSIDISED official rate

maupe:
During Currency Squeeze, Dangote Got $100million From CBN



Source: http://af.reuters.com/article/nigeriaNews/idAFL4N19E3JX?feedType=RSS&feedName=nigeriaNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAfricaNigeriaNews+%28News+%2F+Africa+%2F+Nigeria+News%29&&rpc=401

www.nairaland.com/attachments/2811193_119545964279545473921276597224668809228680n_jpegc457fb8b3ff7f2155aae3516e2429b0c

No be everybody recession affect naw, some people are actually making more money during recession than ever before.