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What Salary Range Is Low Income In Recession? - Career - Nairaland

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What Salary Range Is Low Income In Recession? by javijabor1(m): 2:26am On Sep 11, 2016
With the current economic recession and price of things shooting up, what range is classified as a low income salary?
Less than 50k?
Less than 100k?

1 Like 1 Share

Re: What Salary Range Is Low Income In Recession? by Cletus77(m): 2:43am On Sep 11, 2016
if tinz hard for the country,den how come girls still get plans to throw away iPhone buy iPhone.. Abi dem get personal economy?

10 Likes 1 Share

Re: What Salary Range Is Low Income In Recession? by DankemzI(m): 2:57am On Sep 11, 2016
It depends on your living standard and family makeup!
If you're single anything below 30 is bad
Re: What Salary Range Is Low Income In Recession? by Emeskhalifa(m): 6:19am On Sep 12, 2016
with iphone7 out and my tashere salary, I no think say I go fit buy the phone.
anyway, am thinking of obtaining a 500k loan so as to buy that iphone7 cry

11 Likes

Re: What Salary Range Is Low Income In Recession? by onlymase(m): 6:19am On Sep 12, 2016
50k
Re: What Salary Range Is Low Income In Recession? by agarawu23(m): 6:19am On Sep 12, 2016
I don't know
Re: What Salary Range Is Low Income In Recession? by ladyF(f): 6:20am On Sep 12, 2016
Hmmmm.... No salary is low in this hard times o. When some people are getting no salary at all, no job, no business, nothing. Some people will still get sacked this month.

Even if na 20k, just thank God. Someone somewhere is looking for just N20 to buy his/her next meal. cry

It's [size=15pt]LadyF[/size] again grin grin grin

[size=5pt]Make I go continue my search for Skrill funds...freelancers, forexers, biko epp me. N390/$[/size]

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Re: What Salary Range Is Low Income In Recession? by EagleScribes: 6:21am On Sep 12, 2016
How much is minimum wage?
Even minimum wage cannot buy a bag of rice
.

. If Saraki and Femi Adesina are complaining of recession, Wetin make I talk?

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Re: What Salary Range Is Low Income In Recession? by Ramon92: 6:21am On Sep 12, 2016
Our Minimum wage..

2 Likes

Re: What Salary Range Is Low Income In Recession? by Sprintx24(m): 6:21am On Sep 12, 2016
Depends strictly on your expenses. Higher expenses calls for higher income or funds!

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Re: What Salary Range Is Low Income In Recession? by spactacus(m): 6:22am On Sep 12, 2016
lipsrsealed
Re: What Salary Range Is Low Income In Recession? by Odunharry(m): 6:22am On Sep 12, 2016
Will say less than 50k..

Barka D' Sallah to all my Muslim friends in the house.

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Re: What Salary Range Is Low Income In Recession? by veekid(m): 6:22am On Sep 12, 2016
Below 30k; I'll go for that

2 Likes

Re: What Salary Range Is Low Income In Recession? by Cool83(m): 6:23am On Sep 12, 2016
Less than 50k is quite low
Re: What Salary Range Is Low Income In Recession? by emerich(m): 6:23am On Sep 12, 2016
Person see 50k job 4 dis recession, no be to go give testimony 4 church be dat, who dey yarn about low income sef...... Na to see food put 4 belle all man dey find. 1 day at a time until we comot 4 dis menace called recession. E go beta my people.

9 Likes

Re: What Salary Range Is Low Income In Recession? by Nobody: 6:23am On Sep 12, 2016
Less than 100k if your eventual net savings is less than 20k per month.
Less than 50k if you're single and your net monthly spend is less than 30k

1 Like

Re: What Salary Range Is Low Income In Recession? by Firefire(m): 6:23am On Sep 12, 2016
Recession is a word.- K.A wink


Your standard of living premised on your current living expenses is a determinant of what income is acceptable.

Because the impact of recession on the citizens varies. It all depends on your status before the recession, and the impact of it on your current status/income.

We pray that Nigeria never slides into depression, but comes out STRONG from this current situation. (Amen).

Shalom!

6 Likes

Re: What Salary Range Is Low Income In Recession? by ojuoluwani(m): 6:24am On Sep 12, 2016
.
Re: What Salary Range Is Low Income In Recession? by Nobody: 6:24am On Sep 12, 2016
It's hard to tell.
'Low income' is relative.
Re: What Salary Range Is Low Income In Recession? by xpiranza: 6:25am On Sep 12, 2016
make money there and get out of recession personally check these out serrurier-pas-cher-nice com
Re: What Salary Range Is Low Income In Recession? by newheart2(m): 6:26am On Sep 12, 2016
Is only Buhari that can answer

1 Like

Re: What Salary Range Is Low Income In Recession? by Nobody: 6:27am On Sep 12, 2016
javijabor1:
With the current economic recession and price of things shooting up, what range is classified as a low income salary?
Less than 50k?
Less than 100k?



I Recieve 285k monthly before this evil baba came into power and now my salary has been slashed to 120k. I can hardly meet my needs and obligations due to the reduction. I regret voting this stubborn old man into Aso rock

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Re: What Salary Range Is Low Income In Recession? by idealuv: 6:27am On Sep 12, 2016
I think it all depend on family composition including dependants outside ur immediate family.
Re: What Salary Range Is Low Income In Recession? by john4reala(m): 6:29am On Sep 12, 2016
stopikwa
Re: What Salary Range Is Low Income In Recession? by pippimp(m): 6:31am On Sep 12, 2016
You people haven't woken up yet. This is not just a recession. It is a continuation and worsening of the recession that started in 1960. The Nigerian economy has always been propped up by oil revenue thereby creating the illusion that there was growth. If oil prices were still the same, you all would be thinking everything was fine. Get ready. It's only going to get worse.

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Re: What Salary Range Is Low Income In Recession? by Nobody: 6:31am On Sep 12, 2016
mrkayusfit:




I Recieve 285k monthly before this evil baba came into power and now my salary has been slashed to 120k. I can hardly meet my needs and obligations due to the reduction. I regret voting this stubborn old man into Aso rock
Oga answer the thread question first before sharing your memoirs with us.
Even our ancestors are turning in their grave as to how their descendants became soo dull to vote in a clueless govt .


To our Muslim faithfuls :
May the blessings of Allah
Fill your life with happiness
And open all doors of success
Now and Always
Eid Mubarak

8 Likes

Re: What Salary Range Is Low Income In Recession? by Firefire(m): 6:33am On Sep 12, 2016
sapiosexual1:

Oga answer the thread question first before sharing your memoirs with us.

Even our ancestors are turning in their grave as to how their descendants became soo dull to vote in a clueless govt


The ancestors are really angry, no be small. angry

1 Like

Re: What Salary Range Is Low Income In Recession? by niggi4life(m): 6:34am On Sep 12, 2016
50K might be okay for some, while 300k too little for some, but as long as you don't drink too much and gamble a lot you should be fine....



While i was getting so mad that Barcelona spoilt my betting ticket in which i could have won 420K, i rushed to make another bet on my team Chelsea, straight win odds of 1.66, na so i put 100k say make i chop 66k...

Chelsea do me strong tin oooo!!


13 Likes 1 Share

Re: What Salary Range Is Low Income In Recession? by Firefire(m): 6:34am On Sep 12, 2016
mrkayusfit:




I Recieve 285k monthly before this evil baba came into power and now my salary has been slashed to 120k. I can hardly meet my needs and obligations due to the reduction. I regret voting this stubborn old man into Aso rock

Eyah, pe le oooo.

Your nominal wage without adjusting for inflation has been slashed to 120k. Chai! shocked

If you come consider the current inflation at 17.1%, join am the with recession, after deducting all taxes, you will see that your disposable income is less than N50,000 from it usual N285,000.

This unfortunately is what leads to depression.

Voting a man with NEPA Certificate and a formal coup-plotter is the most grievous sin of the 21st Century. embarassed

Btw: I wish you well and pray Nigeria comes out strong within the shortest time possible.

Shalom!

6 Likes 1 Share

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