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Salary Earner And Business Owner, Who Saves More? - Career - Nairaland

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Salary Earner And Business Owner, Who Saves More? by VeriteMFBank: 4:25pm On Aug 09, 2017
Placing these two different individuals on a scale, who weighs more on the earners scale?
I remember vividly when writing my final exams, a course mate came out of the examination hall look so weak and tired. He said; even after all this jacking what assurance do we have to get a good job, I will go and learn Trade he said. This young man studied a professional course, Electrical/Electronics Engineering.
I would like us to look at this typical scenario, a woman that earns 150k every month, this is her expenses list
Transport – 11,000, Feeding - 13,200, Rent – 29,200(monthly), Pension – 7,500, Clothing – 20,000, other expenses – 30,000, Total - 110,900 and She is left with 39,100 to save.
Another woman that sales well packaged crayfish and makes an average of 9k on a daily basis after supplying her customers. She makes expenses and re-invests in this form daily;
Transportation – 500, Nylon – 500, Printed label – 500, one bag of crayfish – 3000, Feeding – 500 and the Total – 5,000. She saves 4,000 on a daily basis for 26 days, the total is 104,000. Out of this daily savings, she makes expenses of Rent – 16,700(monthly), clothing- 10,000 other expenses 20,000 and she is left with 57,300 to save.
Judging from the whole analysis we can see that the salary earner has just 39,100 after all expenses and the business owner 57,300. Own a business no matter how small it will add to your earns…

Re: Salary Earner And Business Owner, Who Saves More? by andreweb(m): 4:29pm On Aug 09, 2017
I'm coming back
Re: Salary Earner And Business Owner, Who Saves More? by lordcenred(m): 10:13pm On Aug 09, 2017
U JUST TYPED IT ALL!
Re: Salary Earner And Business Owner, Who Saves More? by RalphFortune(m): 10:19pm On Aug 09, 2017
I have seen a salary earner that builds house both at home and in the city while some business owners are tenants all through the life. So, When Grace speaks for you and you apply wisdom to it. Sure you will save more in a chosen career but not for those earning #Peanut as salary

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