Βουκέφαλος:


mr chike obi, i am doing the calculations too
He had another budget for baby stuffs. which is 15k.
patapata na 20k for market jere. for 30 days. u sef look am nar

oyb:

i am married with two kids, i know exactly what the guy is going through as far as expenses go.

unless u are aiming for a particularly low quality of life - like back in the day when i ate agege bread for breakfast , mama put (often without meat) for lunch, and garri or agege bread again for supper. with that and the lowest quality foostuffs, that gari that is 20 parts dirt and stones, cowbell powdered milk that never fully dissolves, omo that will age your clothes faster , maybe your 20k may cut it

Βουκέφαλος:


You have 2 kids and he has 1. now u cant compare anymore you see. that how simple maths his. the variables are no longer the same so you cant really confirm if 20k will cut it or not but you are judging by your own life style and family size

oyb:

i doubt if you're married, you are not based in nigeria, so what variables are you using?

the guy lives in abuja - which has a higher cost of living than lagos

i have a direct idea of the cost of several household items

i can spend 20k in a single outing to the supermarket - on household items and foodstuffs.

most women (my wife included) whose husbands refuse to drop more than a particular amount simply supplement from their salary and keep mum. its when the man is forced to shop that his eyes open.

Βουκέφαλος:


I am not married yes, But i have friends that are . Ok now you said  wife may join some change. this MR 160K didnt state if hin wife dey support am with bar or anything.
so it still comes down to the issue. u cant compare urself coz the variables aint the same.

oyb:

if i, a worker in nigeria in similar circumstances, cannot compare myself with the guy, then frankly you have no business doing so

all your talk of variables is irrelevant - i am pointing out that there is a high possiblity that even the 30k is not enough and the wfe may be supplementing it, and you are completely missing my point

different people have analysed breakdowns - i have pointed out several cost items that you did not consider, and you are still stubbornly going on about - 'variables'  

anyway, some things will NEVER be understood or appreciated until you are in that position.

The fear of the unknown is the weirdest of all fears. He shouldn't wait for 27th as long as he has something planned to engage himself. In life, one must take a leap of faith before he/she can make it otherwise he will end up living from hand to mouth and in case you think things will change in that job, it will get worse till the finally nail him to the cross/dump him. Let him get out as fast as he came in.

obowunmi:

Is he planning to start a business ? Does he have savings? What are his future financial projections? What a WICKED MAN if not. When his wife starts disrespecting him or starts sleeping with his pastor --  he eyes go con open 

Rhino.5dm:
Well from a broader perspective and considering the fact that he has a kid and a wife to take for, and most importantly am likely to inherit his responsibilities, i advice him to hang on.

N101:

If this person is your friend, how will you "inherit his responsibilities"?

N101:

If this person is your friend, how will you "inherit his responsibilities"?

atasteve:

Naturally speaking the way you change jobs in the corporate world is like a "monkey" jumping from one tree to another. The monkey doesn't leave the present tree branch unless it is very sure of the next tree branch that it will hang on.

Even if you want to start a business of your own, you have to run it parallel until the time you feel that your business is disturbing your paid employment or the other way round.

If you were to be a single man, then resigning might be a good idea but as a married man it is a different ball game. A bird at hand is better than two in the bush!!!

Please don't cut your coat according to your size but CUT YOUR COAT ACCORDING TO YOUR CLOTH.

If your resignation is as a result of what you divinely hear from God then you can go ahead.

Mind you there are people floating larger families on salaries less than 160k per month.

klas:

N324,000 per annum rented house is too exorbitant for a qualified engineer with a family?

sleekman:

Don't want to insult anyone but his reasoning as regards this is low.

I would have rather applied some scaling back.

2year restructure plan
Give madam N20,000 to the market
Get a cheaper accomodation N150,000-250,000 besides what's he doing with a 3b/r apartment with only a wife and a kid?
Is it a must to drive a car? Cut down on fuel.
N8000 beer over three months
and a couple of belt tightening measures until I save enough to start another business or get a better paying job. I think you should also tell your friend that if he quits without something to fall back on then he shouldn't come to you when the going gets rough.

femmy2010:

Not too much and not too small but one should indeed live within ones budget.