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70k A Month - Living In Abuja - Family - Nairaland

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70k A Month - Living In Abuja by keepingmum: 3:56pm On Sep 18, 2018
can someone living in abuja shed some light here please. 3 adults + 1 child (not infant/toddler/teen) survive on 70k a month in Abuja? Within Kubwa or Karu axis
70K a month for feeding, gas refil and electricity (this is usually within 5 - 9k pm) ONLY

All other bills Transportation/rent/childs tuition etc is catered for separately.

If someone can breakdown expenditures on how that money can be spent with or without savings please - within Karu or Kubwa axis please If more money is needed expantiate, if savings could be made, also expantiate please.....the person needing this info will be on hand to answer
Re: 70k A Month - Living In Abuja by GavelSlam: 4:09pm On Sep 18, 2018
To be honest, I don't see this as feasible.
Re: 70k A Month - Living In Abuja by LuciferCristi: 4:38pm On Sep 18, 2018
GavelSlam:
To be honest, I don't see this as feasible.



So how do you survive on your N30,000 BMC stipends?

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Re: 70k A Month - Living In Abuja by GavelSlam: 4:41pm On Sep 18, 2018
LuciferCristi:




So how do you survive on your N30,000 BMC stipends?

My previous response suggests how daft you must be
grin
Re: 70k A Month - Living In Abuja by bigtt76(f): 4:46pm On Sep 18, 2018
Make a list of your bills for example

1. Are you subscribed to DSTV?
2. How much do you spend on mobile data and calls per month?
3. How much do you spend on transportation to and fro work?
4. How much do you spend on church (tithes etc)
5. How much for feeding per month (do you buy foodstuff enbulk or need to eat basis)

Advice
1. Pay yourself a fixed amount monthly and save it for emergency
2. Cut down cost on frivolities
3. Sign up to investments apps that does auto debit monthly
4. Buy foodstuff enbulk if you can
5. Avoid parties or eating out



keepingmum:
can someone living in abuja shed some light here please. 3 adults + 1 child (not infant/toddler/teen) survive on 70k a month in Abuja? Within Kubwa or Karu axis
70K a month for feeding, gas refil and electricity (this is usually within 5 - 9k pm) ONLY

All other bills Transportation/rent/childs tuition etc is catered for separately.

If someone can breakdown expenditures on how that money can be spent with or without savings please - within Karu or Kubwa axis please If more money is needed expantiate, if savings could be made, also expantiate please.....the person needing this info will be on hand to answer

1 Like

Re: 70k A Month - Living In Abuja by keepingmum: 5:04pm On Sep 18, 2018
Please dont make this thread an abusive or argumentative one. Its supposed to be a thread to learn from.
Make your point without calling oneself out of their names please.
There r no dstv charges or gotv fees . Just regular subscription n top up mtn charges, then feeding.
No generator charges as there is an inverter.
Like i said, the 70k is for anything feeding and nepa bill ONLY

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Re: 70k A Month - Living In Abuja by bigtt76(f): 5:55pm On Sep 18, 2018
Why not list out your expenditure with the amount you actually expend on them then we can assist you to plan accordingly undecided


keepingmum:
Please dont make this thread an abusive or argumentative one. Its supposed to be a thread to learn from.
Make your point without calling oneself out of their names please.
There r no dstv charges or gotv fees . Just regular subscription n top up mtn charges, then feeding.
No generator charges as there is an inverter.
Like i said, the 70k is for anything feeding and nepa bill ONLY
Re: 70k A Month - Living In Abuja by Wilfredpat22(f): 6:07pm On Sep 18, 2018
Since it is for nepa bill pay your nepa bill and save the rest. Or are you seeking for front page with irrelevant questions
Re: 70k A Month - Living In Abuja by ObaOloye: 7:09pm On Sep 18, 2018
Wilfredpat22:
Since it is for nepa bill pay your nepa bill and save the rest. Or are you seeking for front page with irrelevant questions

Exactly
I don't understand the Op sef. His looking for relevance.. He has inverter in his house and he seems to have it figured out. Why is he disturbing us. How do I spend money when all other expenses are accounted for Is he not unwell

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Re: 70k A Month - Living In Abuja by yvelchstores(f): 9:49pm On Sep 18, 2018
70k as salary or 70k as house allowance? Either one, u can. Food stuffs are cheap in Abuja...
Re: 70k A Month - Living In Abuja by keepingmum: 9:50pm On Sep 18, 2018
70k for feeding
Re: 70k A Month - Living In Abuja by Evangkatsoulis: 10:30pm On Sep 18, 2018
keepingmum:
70k for feeding
If all expensense are accounted for separately then what do they need 70K for? 10k should be enough for feeding.
Re: 70k A Month - Living In Abuja by keepingmum: 10:56pm On Sep 18, 2018
They need to buy foodstuffs, cook soup, refil gas and pay for Nepa which is often around 5 - 9k a month.
Breakfast lunch and dinner for 3 grown adults + 1 child.

My question is , is 70k sufficient a month for the above in abuja
Re: 70k A Month - Living In Abuja by sisisioge: 11:03pm On Sep 18, 2018
Evangkatsoulis:


If all expensense are accounted for separately then what do they need 70K for?
10k should be enough for feeding.

grin grin grin grin

10k enough for feeding? Three adults and a lil one! It is well.

OP, let's hope NEPA isn't worse than they are here then 15k would be enough for them. The remaining 55k would be enough for feeding. Hopeful, the lil one eats what the rest of the house eats and the adults only eat twice in a day. 7k for biscuits, candies , ice cream and caprison. Everything must be rationed to last a month grin.

Then out of the 48k, you cook at least 6 soups with 25k and store in the freezer. 10k for beverages and cereals. 8k for food stuffs. Then the last 5k kept in a separate jar for unplanned quick fixes.

By the time you do this for 3 months, you will get a pattern that completely suits you.

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Re: 70k A Month - Living In Abuja by tenmariner: 12:15pm On Sep 19, 2018
keepingmum:
They need to buy foodstuffs, cook soup, refil gas and pay for Nepa which is often around 5 - 9k a month.
Breakfast lunch and dinner for 3 grown adults + 1 child.

My question is , is 70k sufficient a month for the above in abuja

From the above and your explanations, it is much possible with some level of prudency.
Expense to query; Feeding for 3 adults and a child;
Location; Abuja

Bag of rice: 14,000. *

Bean, garri, wheat, semo: 20,000*

* Other miscellaneous items needed for cooking; palm oil, ground nut oil, maggi, salt, seasonings; 10,000

NEPA (5-9k = 14/2= 7k) Average cost taking away assumptions

Gas; 6 kg on heavy usage = 2k/2 weeks = 4k monthly

* Soup cooking; twice/week average of 5k per week= 20k/month considering every other cooking ingredients is available

Amount brought forward= 75,000



Note; This is a surplus budget as prices of the food items are a little bit exaggerated to checkmate cost push inflation.

The asteric part are sections where cost may be lower than projected.

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