1. Unnecessary Parties

It is estimated that Lagosian's spend close to 40 billion naira annually on parties alone .

Most analyst have argued that most of these parties are completely unnecessary and most times do not add value to either the host or the guests.



2. Insisting on Designers, Labels, and Brands

From groceries to clothing to prescription drugs, you can save money by choosing an off-brand over a fancy label. And in many cases, you won't sacrifice much in quality. Clever advertising and fancy packaging don't make brand-name products better than lesser-known brands.

For example, generic drugs can cost as much as 80% less than their brand-name alternatives.

3. Shopping at the wrong store
If you are Particular about price then don't just walk into any store , a Bottle of drink at MM2 will cost you almost thrice the amount you buy it at your neighborhood fast food outlet , a supermarket in victoria Island will not sell Gala at the price you get it in Oshodi


4. Paying for "ashoebi" you may Never wear again,

Today, almost all weddings, burials,Birthdays and even naming ceremonies now have a uniforms which organizers use in adding color and or liquidating their guests ! This is one of the Biggest drain pipes in most low income Families who can hardly afford three square meals but are willing to mortgage their 5 months salary for a 2 hours programme!


5. Maintaining a Fleet of Cars
Most people keep a fleet of car to show the world they have arrived , However they fail to realize that their cars start diminishing in value the moment they drove out of the show room . The Insurance ,licensing , and maintenance is an unnecessary expense for a vehicle you drive once in a month!


6. Multiple Girlfriends or Sugar Boys.

Women are wonderful creatures, history is replete with men who died because of women only to have those women become concubines of the men who killed their lovers .
A Man with a retinue of girlfriends will have to Buy Credit for Shade , change wardrobe for Ngozi and pay house rent for Fatima all these add up to keep the young mans account in perpetual red !

In the same vein women are reinventing slavery but this time on a different dimension, they have mastered the act of keeping "Bingos" whose only duty is allegiance to the Bosom of a woman old enough to be their mothers .

One peculiar thing about these "bingos" is the Fact that they have taste as such keeping many "Bingos" sometimes leave a tsunami effect on the bank account !



7. Leaving Your Money in a Low-Interest Account

If you're stashing your cash in a traditional savings account earning next to nothing, you're wasting it. Make sure you're getting the best return on your money. Fix any money you don't need and earn good returns from your bank instead of paying account management fees to a bank which charges you for using your money.


8. Not Pulling the Plug on Electronics

If you use a prepaid meter this is one of the reasons your credits develop wings.
Electronics that have a clock or operate by remote are typical culprits. The obvious way to pull the plug on your energy vampires is to do just that -- pull the plug. Or buy a device to do it for you, such as a Smart Strip Power Strip which will stop drawing electricity when the gadgets are turned off and pay for itself within a few months.


9.Buying at the Wrong time !

This mistake could some times have devastating effect Its is dangerous to Buy a Land or House during dry season because the area might be prune to floods or the Land could be waterlogged .

Building during raining season on the other hand also has some advantages

1. Cost of Building materials especially cement falls

2.Molding Blocks and water supply for concretes works could be made easier especially for those in arid areas



10. Borrower !

Pls Borrow me =N= 500,000 I have a business deal I must close tonight?

Many people have lost millions and made great and wicked enemies just because they choosed to help.

The wisdom here is never lend out an amount you are not willing to forget!

Any business that is too good to be true is too Good to be legal!


www.twitter.com/ochejoseph

11. Campainging for the wrong party in the wrong state with ur hard earn income.
12. Spending money on a woman u will not see her pants and for another man to marry.
13. Living in ajegunle or amukoko instead of living in banana island that is too cheap.

Nairabet

merrybet

Your NO.4 and NO.6 are just annoying.


These ones are minors but they still do count.

Paying Too Much for Smartphone Data subscription. Android users know what I'm saying.

Drinking too much alcohol every evening. Once you are high, you will start buying for friends. A drunk guy always appears richer than his sober self.

Smoking cigarette, this is just like watching your money burn to ashes.

Not bargaining enough to reduce cost, most people wey dey form big guys/girls are guilty of this one.

17. Gala and La Casera

Carrying olosho's

Living a champagne life with a beer income.

Making unnecessary calls

- Crediting your Airtel Line - General.
- Subscribing for Airtel BIS - Android Exclusive.

Tallesty1: Your NO.4 and NO.6 are just annoying.

Esp no 4.

Ramon92: Nairabet

gurusmac4: merrybet

In fact, all the bets.

The sudden proliferation of these bet shops is alarming.

Patronising prostitutes

Impulse buying.
Some pple no get self control.The moment they see,they bring out their wallet to buy.

Wasting your hard earned money on overhyped products when you can for the cheap, yet so qualitative alternative, just to impress!

Sending recharge cards 2 b*tches,dat will end up using the credit to call other dudes wey no send dem sef.

Eating in a fast food restaurant instead of cooking your own food

Playing nairabet

Nice points...

Buying samsung S5 of 120k when Jiayu G4 is 35k

Taking your clothes to the dry cleaners instead of washing it yourself

hungryboy: Taking your clothes to the dry cleaners instead of washing it yourself

How is that wasting of money?

buying a pack of condom to later throw it away because you no get time to use am.

I personally find No 2 and 4 annoying

alcohol
smoking
lotterylottery is a tax on stup1d people)
burial:spending close to 5million naira on 22 yr olds burial

;Dlaughing unnecessarily

Paying #50 to upto 20 police checkpoints in a 60km journey...




The #50 is negotiable and can be reviewed to #100 depending on the illiteracy level of the policeman..

Betting on Jona's victory in 2015
Campaigning for his third term return to State House

[size=28pt]ASHO EBI??, STUPID WASTE OF PRECIOUS CASH [/size]

[size=28pt]ONLY STUPID PEOPLE BUY ASHO EBI,,,MOSTLY [/size]



NB: HighLight to See Hidden Text

18. As a student: trying to watch all premier league+champions league matches just to set record among ur friends. 19. Buying 2nd hand material(phone,laptop,BB charger) that make life unbearable or increase ur Blood Pressure. FP tinz!!! though I no go dance shoki or Azonto but will dedicate dis to all student facing one challenge or d other in their study-peace!

dis asoebi parol sucks, dem go buy cloth of 6k put am down 11k, yet u may not see food to eat for the party o, mtcheew