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What Can One Do With N42k Salary? - Career (3) - Nairaland

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Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:23pm On Sep 18, 2018
Tolzeal:
Would you be paying for transportation as well from the pay ?

what's your daily TP like ?
There are quite large number of things to set aside before making up a conclusion
TP EXCLUDED,I treck to work
Re: What Can One Do With N42k Salary? by qanda: 3:24pm On Sep 18, 2018
Depends on location, Marital Status.... Provide more information pls
Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:25pm On Sep 18, 2018
Naijaguy12345:
You have to do something else on the side. If you want better things in life which am sure you do, 42k won't do. First thing, buy your foods in bulk as that saves money. Consider cycling to cut transport fare or talk to people that drives near your workplace for a lift and you pay them monthly. Set out few percentage of your wages for training or more education . You have to lift up yourself as no one will and batter training or education might help. Depending on your age, girlfriend might be a no no until your finance improve or else the relationship will cost you a big chunk of your little income.
Thanks

1 Like

Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:26pm On Sep 18, 2018
qanda:
Depends on location, Marital Status.... Provide more information pls
Lagos and i support my family
Re: What Can One Do With N42k Salary? by Nobody: 3:26pm On Sep 18, 2018
Is it becoming a trend on Nairaland that some lame folks seek attention regarding financial advice!!
Re: What Can One Do With N42k Salary? by oluwasegun007(m): 3:26pm On Sep 18, 2018
wHEN YOY SPEND N39000 ON TRANSPORT, WHAT'S LEFT

1 Like

Re: What Can One Do With N42k Salary? by biggie73(m): 3:26pm On Sep 18, 2018
BigbamoAYO:
My fellow nairalander pls advice,what can i do with 42k salary, am single buh i have a lot of bills to pay,
....i won't give you guidelines on how to spend your money. If you don't spend your stipend judiciously, how will you spend millions?
Re: What Can One Do With N42k Salary? by Nobody: 3:27pm On Sep 18, 2018
Newboss:
Bros, change that moniker to 'm' moniker. angry
Lolz... I'm a girl, bruh.

I'm not all that girly, i admit.... But i'm a girl.
Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:28pm On Sep 18, 2018
Curry30:


Play 2 sure odds every weekend with 20k. By the months end you'll double your salary.

Bloody truth bro but don't take me serious grin
grin
Curry30:


Play 2 sure odds every weekend with 20k. By the months end you'll double your salary.

Bloody truth bro but don't take me serious grin
Re: What Can One Do With N42k Salary? by jbcul4ril(m): 3:28pm On Sep 18, 2018
Take a loan and invest in poultry, fishery, etc
Re: What Can One Do With N42k Salary? by successtutor(m): 3:30pm On Sep 18, 2018
You just av to start somewhere. God help us all.
Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:31pm On Sep 18, 2018
Hizzy:

bro if there's vacant let me know I need something doing badly, hunger has dealt with me plz
Haa
Re: What Can One Do With N42k Salary? by gbengaoyeladun(m): 3:32pm On Sep 18, 2018
I don't even earn like that and I am schooling and working......plan your life buy yourself.... people here will just tell you how they us to plan theirs and it might not help you. Sit down and think sister.... My salary is #18k and I am schooling paying something less than 90k for my school fee alone talkless of other, in this same Lagos.

1 Like

Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:36pm On Sep 18, 2018
Uglyaddy:
Cut off unnecessary expenses.
Avoid impulse buying.
Maintain a low budget for now.
Aim for better job with higher pay.
Avoid mockery friends.
Dont smoke,drink alchohol or patronize olosho.

May God grant your heart desires bro....42k in this Buhari era....It is well!
Thanks bro

1 Like

Re: What Can One Do With N42k Salary? by OShepherd: 3:36pm On Sep 18, 2018
PRINCEVICKEY:
depend on ur location ...i have a graduate friend in ekiti wt 35k salary....he called me last year that he just finish roofing his house ...while i collect *3 of his own in lagos ... my brother my land never get foundation....
grin
Re: What Can One Do With N42k Salary? by ennon92(m): 3:37pm On Sep 18, 2018
donigspain:
Manage it or try unemployment.
abi o...42k seem to be like million naira in my eyes presently courtesy of unemployment.
Re: What Can One Do With N42k Salary? by jahmeyou(m): 3:38pm On Sep 18, 2018
BigbamoAYO:
It's Lagos
that's bad.
Re: What Can One Do With N42k Salary? by BruncleZuma: 3:38pm On Sep 18, 2018
BigbamoAYO:
LAGOS,Condition rice,72k per yr,3,500,
I support my family

Here we go bro and don't take it personal.

• You need to save atleast 15% of your pay every month to catch up with your rent.
• Reduce your Internet data consumption by 25% to 2500# or try the night plans.
• Mama put won't kill you as cooking for yourself will make you spend more that should help you reduce the amount of times you eat.
• Cut down on the types of dashing you give.
• Buy the things you want from a wholesale shops.
• Not forgetting transportation.

3 Likes

Re: What Can One Do With N42k Salary? by Nobody: 3:39pm On Sep 18, 2018
Naijaguy12345:
You have to do something else on the side. If you want better things in life which am sure you do, 42k won't do. First thing, buy your foods in bulk as that saves money. Consider cycling to cut transport fare or talk to people that drives near your workplace for a lift and you pay them monthly. Set out few percentage of your wages for training or more education . You have to lift up yourself as no one will and batter training or education might help. Depending on your age, girlfriend might be a no no until your finance improve or else the relationship will cost you a big chunk of your little income.
cycling isnt a good idea in lagos.

Trekking is better

4 Likes 2 Shares

Re: What Can One Do With N42k Salary? by obicaddy(m): 3:41pm On Sep 18, 2018
U spend it!!
Re: What Can One Do With N42k Salary? by Newboss(m): 3:41pm On Sep 18, 2018
BigbamoAYO:
LAGOS,Condition rice,72k per yr,3,500,
I support my family
Then you don't have any problem. angry
Open an account for rent and transfer 6k to the account every month. angry
Subscribe once a month. angry

Then spend the rest as you wish. angry

PLEASE, DO NOT buy any property in Lagos on that income. angry Property tax is high in Lagos. angry Don't even think about it. angry

Open a new savings account, without ATM or SMS alert, for anything you need to buy but cannot afford in a month but can afford in few months. Divide the cost by 12 and transfer the result to that account every month. angry

Stay off borrowing else you could get your life fūcked. angry Right now, if you've not started borrowing, your life is ABSOLUTELY PERFECT! angry

Keep your eyes open but be committed to your work. angry

7 Likes 1 Share

Re: What Can One Do With N42k Salary? by GavelSlam: 3:43pm On Sep 18, 2018
asdfjklhaha:
take it to a genuine man of God, give it to him and tell him you want God to increase it. I'm sure after praying for you, God would add one more zero making it 420k which I believe would be OK for you.

You are joking right?

3 Likes

Re: What Can One Do With N42k Salary? by ogunnoikitaiwo(m): 3:43pm On Sep 18, 2018
omocalabar:
Use it to play Barcelona today
smile...u no well at all...
Re: What Can One Do With N42k Salary? by Damsyjay(m): 3:44pm On Sep 18, 2018
42k??....small thing..use am carry 5odds for bet9ja this weekend, thats 210,000. Then next weekend use the 210,000 carry another 5odds thats about 2.something million naira...thank me later

1 Like

Re: What Can One Do With N42k Salary? by Newboss(m): 3:44pm On Sep 18, 2018
Emusan:


Throw the job away, go and join UBER!
Thank me later
UBER with his dick? angry

2 Likes

Re: What Can One Do With N42k Salary? by xtervaganza(m): 3:44pm On Sep 18, 2018
asdfjklhaha:
take it to a genuine man of God, give it to him and tell him you want God to increase it. I'm sure after praying for you, God would add one more zero making it 420k which I believe would be OK for you.
I hope for the sake of mankind you meant this comment as a joke
Re: What Can One Do With N42k Salary? by IbrahimDamola: 3:44pm On Sep 18, 2018
Newboss:
Take it from the annual view, then you will see how to use saving as a tool to live big on nothing angry

42k per month is 504k per annum. angry

Make sure your rent is not above 150k per year. angry

Open an account for rent and transfer 12,500 Naira to that every month for your rent. angry

Spend the rest as you wish. angry

The main thing is to ensure your accommodation is guaranteed angry

If I earned below 50K I will never stay in a house that's above 60-70K per year, even if na face-me-I-face-you I go manage am. I am of the fiscal opinion that annual rent must not take more than 15% of total annual salary.
I believe in more income, less expenses and heavy saving. I get a lot satisfaction looking at my account balance, it quenches hunger sometimes.

A 42K monthly earner has no business, keeping girlfriends, buying impulsively and sitting idle at home if you can come home by 5pm in the evenings. Ol' boy, buy frying pan and other small cooking utensils get a location in a busy bus stop and make fried yam or chicken when you get back from work, you can make up to N5,000-10,000 per evening from 5.30pm-9pm. Some people rushing home in the evenings don't have time to cook, especially bachelors. I've been there.

7 Likes 1 Share

Re: What Can One Do With N42k Salary? by Welcomme: 3:44pm On Sep 18, 2018
Carry straight two odds
Re: What Can One Do With N42k Salary? by valentineuwakwe(m): 3:45pm On Sep 18, 2018
BigbamoAYO:
My fellow nairalander pls advice,what can i do with 42k salary, am single buh i have a lot of bills to pay,

see question..ok wait....go and ask npower beneficiaries what they have been doing with N30k monthly stipends
Re: What Can One Do With N42k Salary? by BigbamoAYO(m): 3:47pm On Sep 18, 2018
oneda:
Living in Lagos with 42k? Is the job located where you don't need to pay transport for instance because transport alone can tidy such sum
No TP
Re: What Can One Do With N42k Salary? by SeyiAyorinde(m): 3:47pm On Sep 18, 2018
anochuko01:
i jokingly tell people that they can become wealthy even with a 5k job. No matter how low paying a job can be, as long as you can spare 2k monthly to buy books on financial literacy, investments and personal development, and carefuly study them, then youre on your way to great success....

try this for six months, then youll see that even 42k is even too much to start something that'll turn big.
Kindly recommend some of the books

1 Like

Re: What Can One Do With N42k Salary? by kayceeD2(m): 3:52pm On Sep 18, 2018
BigbamoAYO:
My fellow nairalander pls advice,what can i do with 42k salary, am single buh i have a lot of bills to pay,
How do you manage 19800 Nysc alawee?

1 Like 1 Share

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