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7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. - Career - Nairaland

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7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Datevilme: 11:46am On Oct 19, 2015
It is a known fact that a substantial percentage of Nigerian Graduates are Unemployed, and from the few that do have jobs, many of them are underemployed and payed stipends that barely see them through to the end of the month. Here are 10 ways you can maximize your low income.

1. Cut your cloth according to your material. Acknowledge the fact that you earn a low income, don't spend above your means. Minimize your spending as much as possible. Bare in mind that your current status is only for a while, you will blow eventually. wink wink wink

2. Try as much as possible to ensure you do not spend too much on transportation. Transportation as we all know takes up a great chunk of ones earnings most of the time. If possible find someone who owns a car and plies your office route, and tag along with them. You have to be jovial, and make them like you, so that you wont be a burden, but rather good company.

3. If you are ever going to break out of your tight financial situation, and not be the type of person who lives from hand to mouth, you need to develop a culture of saving, yes! you need to save. No matter how little, you can make up your mind to save between 10 and 20 percent of your earnings. In the event that you lose your job, or an emergency comes up, you will have something to fall back on.

4. Pay your Tithe and Give cheerfully. The saying "Givers Never Lack" is one of the most accurate sayings ever. Try it and you will be surprised, it works like magic! grin

5. Dedicate a Fraction of your stipends to self development. Your chances of getting a better paying job will definitely increase if you have more skills, certifications, etc.

6. Check your Relationships!! Guys, is your girlfriend milking you dry? Girls, is your boyfriend feeding of you continously? The hard truth is that if you are going to move ahead, you need to cut off those that are constantly pulling you back. If they truly cared about you, they wont keep demanding, knowing fully well you don't earn that much.

7. Feel free to add up... cheesy

100 Likes 6 Shares

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Sweetyie(f): 11:59am On Oct 19, 2015
Nice

4 Likes 1 Share

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by franklingud(m): 12:43pm On Oct 19, 2015
But naira no get value na!

9 Likes 1 Share

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Tosinex(m): 1:06pm On Oct 19, 2015
Thanks. This are great tips.

4 Likes 1 Share

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by MrSmith007: 2:18pm On Nov 12, 2015
Buying what you need instead of what you want.

27 Likes 1 Share

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by damton(m): 2:18pm On Nov 12, 2015
ok
Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Andyblaze: 2:18pm On Nov 12, 2015
I concur




Meanwhile this is crazy..JEEZ - www.nairaland.com/2731806/girl-does-every-mans-dream/1
Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by biz2get(m): 2:19pm On Nov 12, 2015
K
Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Nobody: 2:19pm On Nov 12, 2015
Betting

8 Likes 1 Share

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Nobody: 2:19pm On Nov 12, 2015
Good one

1 Like

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by kennyman2000(m): 2:19pm On Nov 12, 2015
Noted!

2 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by cjmike704(m): 2:19pm On Nov 12, 2015
how that one take sub my phone
Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by hertheytheydgee(m): 2:20pm On Nov 12, 2015
Nice one, please write on how to stop Nairalanders from insulting one another? He be like sey you be writer, write wetin concern me

11 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by antontech(m): 2:20pm On Nov 12, 2015
Nice one.
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Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Demmocrats(m): 2:21pm On Nov 12, 2015
Op nice one cheesy

The way you analyzed it, its from your experience

2 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by eph12(m): 2:21pm On Nov 12, 2015
If you can't save on your own join colleagues or friends to do monthly contributions. cool

17 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by braine(m): 2:21pm On Nov 12, 2015
grin
Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Nobody: 2:22pm On Nov 12, 2015
I agree with you, except on point no 4, who asked you to pay tithe ?

6 Likes 1 Share

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by holyokoto(m): 2:22pm On Nov 12, 2015
paying tithe does not increase money , but just a fiction of imagination . am not discouraging anyone though

2 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Nobody: 2:22pm On Nov 12, 2015
okay.
Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Nobody: 2:23pm On Nov 12, 2015
How does paying tithe equate savings?

4 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by freshness2020: 2:24pm On Nov 12, 2015
True talk

1 Like

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Nobody: 2:25pm On Nov 12, 2015
Datevilme:
It is a known fact that a substantial percentage of Nigerian Graduates are Unemployed, and from the few that do have jobs, many of them are underemployed and payed stipends that barely see them through to the end of the month. Here are 10 ways you can maximize your low income.

1. Cut your cloth according to your material. Acknowledge the fact that you earn a low income, don't spend above your means. Minimize your spending as much as possible. Bare in mind that your current status is only for a while, you will blow eventually. wink wink wink

2. Try as much as possible to ensure you do not spend too much on transportation. Transportation as we all know takes up a great chunk of ones earnings most of the time. If possible find someone who owns a car and plies your office route, and tag along with them. You have to be jovial, and make them like you, so that you wont be a burden, but rather good company.

3. If you are ever going to break out of your tight financial situation, and not be the type of person who lives from hand to mouth, you need to develop a culture of saving, yes! you need to save. No matter how little, you can make up your mind to save between 10 and 20 percent of your earnings. In the event that you lose your job, or an emergency comes up, you will have something to fall back on.

4. Pay your Tithe and Give cheerfully. The saying "Givers Never Lack" is one of the most accurate sayings ever. Try it and you will be surprised, it works like magic! grin

5. Dedicate a Fraction of your stipends to self development. Your chances of getting a better paying job will definitely increase if you have more skills, certifications, etc.

6. Check your Relationships!! Guys, is your girlfriend milking you dry? Girls, is your boyfriend feeding of you continously? The hard truth is that if you are going to move ahead, you need to cut off those that are constantly pulling you back. If they truly cared about you, they wont keep demanding, knowing fully well you don't earn that much.

7. Feel free to add up... cheesy
once you do number 6
You won't even know weather you are earning low income or not!

I swear! You won't even feel the pressure of life, you will be as free as a bird and light as a feather.
In Nigeria we are! Having a girlfriend is like having a child you take care of! There are always like a baby crying on this and that, want you to be everything without knowing that you too also will be in the needing side one way or the other.

10 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by nnanna11: 2:29pm On Nov 12, 2015
I agree with u dude

1 Like

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by miraz(m): 2:29pm On Nov 12, 2015
Seconded shocked shocked shocked shocked

1 Like

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by Bollinger(m): 2:29pm On Nov 12, 2015
Datevilme:
It is a known fact that a substantial percentage of Nigerian Graduates are Unemployed, and from the few that do have jobs, many of them are underemployed and payed stipends that barely see them through to the end of the month. Here are 10 ways you can maximize your low income.

1. Cut your cloth according to your material. Acknowledge the fact that you earn a low income, don't spend above your means. Minimize your spending as much as possible. Bare in mind that your current status is only for a while, you will blow eventually. wink wink wink

2. Try as much as possible to ensure you do not spend too much on transportation. Transportation as we all know takes up a great chunk of ones earnings most of the time. If possible find someone who owns a car and plies your office route, and tag along with them. You have to be jovial, and make them like you, so that you wont be a burden, but rather good company.

3. If you are ever going to break out of your tight financial situation, and not be the type of person who lives from hand to mouth, you need to develop a culture of saving, yes! you need to save. No matter how little, you can make up your mind to save between 10 and 20 percent of your earnings. In the event that you lose your job, or an emergency comes up, you will have something to fall back on.

4. Pay your Tithe and Give cheerfully. The saying "Givers Never Lack" is one of the most accurate sayings ever. Try it and you will be surprised, it works like magic! grin

5. Dedicate a Fraction of your stipends to self development. Your chances of getting a better paying job will definitely increase if you have more skills, certifications, etc.

6. Check your Relationships!! Guys, is your girlfriend milking you dry? Girls, is your boyfriend feeding of you continously? The hard truth is that if you are going to move ahead, you need to cut off those that are constantly pulling you back. If they truly cared about you, they wont keep demanding, knowing fully well you don't earn that much.

7. Feel free to add up... cheesy

Funny post. There are only two ways to make the best of your income. Never ever borrow money and always have a budget. Simple.

16 Likes

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by uyidata: 2:30pm On Nov 12, 2015
ok

1 Like

Re: 7 Ways Low Income Earners Can Make The Most Out Of Their Earnings. by sochima1989(m): 2:31pm On Nov 12, 2015
dont join biafra

13 Likes

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