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Please How Much Should I Spend Per Week Or Per Month With Family Of 5 - Family - Nairaland

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Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:13pm On Apr 10, 2020
I have a family of 5 (Me,My wife,2 kids below 4 years and a maid below 11yrs
I am confused really want to know if my wife is not manging funds correctly..please how much should be okay we can spend in a week or in a month
I really want to know if I am wrong or my wife is wrong...

I am confused..

Experienced should help out...or direct me how to handle it

I am new on this forum
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Jayjezey: 3:23pm On Apr 10, 2020
Tomtomy98:
I have a family of 5 (Me,My wife,2 kids below 4 years and a maid below 11yrs
I am confused really want to know if my wife is not manging funds correctly..please how much should be okay we can spend in a week or in a month
I really want to know if I am wrong or my wife is wrong...

I am confused..

Experienced should help out...or direct me how to handle it

I am new on this forum

Expenses are dependent on your location and cost of items in your location. For instance, things are costlier in Portharcourt than in Kaduna or Kano.

Secondly, you failed to mention the area you're concerned, is it feeding expenses or general expense which might include transportation to work and back, money for hairdo, electricity bill, water bill, gas refill and what not, the list is totally endless, so please be precise with such enquires.

6 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by bluemansion: 3:26pm On Apr 10, 2020
Lalasticlala
Do you have any idea about this?
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Ahmed0336(m): 3:33pm On Apr 10, 2020
Jayjezey:


Expenses are dependent on your location and cost of items in your location. For instance, things are costlier in Portharcourt than in Kaduna or Kano.

Secondly, you failed to mention the area you're concerned, is it feeding expenses or general expense which might include transportation to work and back, money for hairdo, electricity bill, water bill, gas refill and what not, the list is totally endless, so please be precise with such enquires.

Bros, one chilled Yogurt for you. You've said it all.

3 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:34pm On Apr 10, 2020
Jayjezey:


Expenses are dependent on your location and cost of items in your location. For instance, things are costlier in Portharcourt than in Kaduna or Kano.

Secondly, you failed to mention the area you're concerned, is it feeding expenses or general expense which might include transportation to work and back, money for hairdo, electricity bill, water bill, gas refill and what not, the list is totally endless, so please be precise with such enquires.
Umuahia,Abia state Precisely
I am only concerned about feeding expenses..others are okay
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by RoyalBlu(f): 3:34pm On Apr 10, 2020
Question is, what's your earning power?

I've got same size of family as yours sans the 'maid' tho.


To start with, since your kids are still very young, cereals and milk should have a constant fix in the budget, unless they don't like it.

A big sized cereal and a can of milk should do for a week. Snacks... Fruits...

As for the rest, it'll now depend on what you like eating.

The higher your taste, the higher the kudi wink

4 Likes 1 Share

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by bendazum: 3:37pm On Apr 10, 2020
Tomtomy98:
I have a family of 5 (Me,My wife,2 kids below 4 years and a maid below 11yrs
I am confused really want to know if my wife is not manging funds correctly..please how much should be okay we can spend in a week or in a month
I really want to know if I am wrong or my wife is wrong...

I am confused..

Experienced should help out...or direct me how to handle it

I am new on this forum

How much you spend depends on many factors such as your salary, location, current price of commodities, children ages etc

1 Like

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:39pm On Apr 10, 2020
RoyalBlu:
Question is, what's your earning power?

I've got same size of family as yours sans the maid tho.


To start with, since your kids are still very young, cereals and milk should have a constant fix in the budget, unless they don't like it.

A big sized cereal and a can of milk should do for a week. Snacks... Fruits...

As for the rest, it'll now depend on what you like eating.

The higher your taste, the higher the kudi wink
You mentioned can of milk and a big cereal snacks and fruits....How much should it take per week..
To me I feel I am spending much per week or per month
I will reveal how much I spend per week or monthly

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by bendazum: 3:39pm On Apr 10, 2020
bluemansion:
Lalasticlala

Do you have any idea about this?

Snake master wouldn't be bothered. He has a lifetime supply of snakes already.
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:39pm On Apr 10, 2020
bendazum:


How much you spend depends on many factors such as your salary, location, current price of commodities, children ages etc

70k per month,Umuahia,ages not more than 4 yes and maid below 11yrs
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by veave(f): 3:41pm On Apr 10, 2020
Maid below 11yrs... That's all I'm concerned about. Why would a baby be doing chores?

9 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:43pm On Apr 10, 2020
veave:
Maid below 11yrs... That's all I'm concerned about. Why would a baby be doing chores?
She is not not doing all the jobs,what she does is washing plates and bathing my children..that's all.
I help her parents to train her in school

2 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Kylekent59: 3:43pm On Apr 10, 2020
120k per month should be ok.

They are all gonna be well fed,looking hale and hearty including you.

1 Like

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by bendazum: 3:45pm On Apr 10, 2020
Tomtomy98:
I have a family of 5 (Me,My wife,2 kids below 4 years and a maid below 11yrs
I am confused really want to know if my wife is not manging funds correctly..please how much should be okay we can spend in a week or in a month
I really want to know if I am wrong or my wife is wrong...

I am confused..

Experienced should help out...or direct me how to handle it

I am new on this forum

I believe #10 000 - #15 000 weekly will nourish your family.

1 Like

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by frozen70(f): 3:45pm On Apr 10, 2020
Tomtomy98:
I have a family of 5 (Me,My wife,2 kids below 4 years and a maid below 11yrs
I am confused really want to know if my wife is not manging funds correctly..please how much should be okay we can spend in a week or in a month
I really want to know if I am wrong or my wife is wrong...

I am confused..

Experienced should help out...or direct me how to handle it

I am new on this forum

No matter how you guess, you can't get it right unless you take it up on your self to handle it for three good months

There are some reasons why it's confusing

If there are bulk food stuff at home, then it's lots easier to calculate

If there are no bulk food stuff at home, it's more complex to calculate

But I think you ought to know if wifey is extravagant or economical

On the average, 50,000 can be enough without food stuff and 30000 with food stuff at home, excluding provisions but including bread for breakfast

Your children ate still small, I don't think you will be having issues feeding them no matter your budget

If you and your wife are doing big guys but giving them more of cereals and their ages are above three years, then that's where the extra cost is coming from

After two years, a normal child should eat what other family members are eating

Left for children, they don't like agricultural food, they prefer cereals, beverages and noodles.

You are the one providing not them, though it's time you let them know what is good for them and enforce it, with the sight of a cane, they will cooperate

4 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:46pm On Apr 10, 2020
Kylekent59:
120k should be ok.
For monthly or weekly?
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:47pm On Apr 10, 2020
frozen70:


No matter how you guess, you can't get it right unless you take it up on your self to handle it for three good months

There are some reasons why it's confusing

If there are bulk food stuff at home, then it's lots easier to calculate

If there are no bulk food stuff at home, it's more complex to calculate

But I think you ought to know if wifey is extravagant or economical

On the average, 50,000 can be enough without food stuff and 30000 with food stuff at home, excluding provisions but including bread for breakfast

Your children ate still small, I don't think you will be having issues feeding them no matter your budget

If you and your wife are doing big guys but giving them more of cereals and their ages are above three years, then that's where the extra cost is coming from

After two years, a normal child should eat what other family members are eating

Left for children, they don't like agricultural food, they prefer cereals, beverages and noodles.

You are the one providing nit them, do it's time you let them know what good its good for them and enforce it, with the sight of a cane, they will cooperate
Thanks so much..you mentioned 50k and 30k is it weekly or monthly?
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by bendazum: 3:48pm On Apr 10, 2020
Kylekent59:
120k should be ok.

grin grin

I have never laughed like this in my life.

How much do you think is average salary?

Unless op is rich but then #120k?

Like I said unless they eat chicken, eggs etc in every meal.

1 Like

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by KevinDein: 3:48pm On Apr 10, 2020
Tomtomy98:
...and a maid below 11yrs
Stopped reading after this. You and your wife are child abusers if you don't know. Disgusting.

5 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:50pm On Apr 10, 2020
KevinDein:

Stopped reading after this. You and your wife are child abusers if you don't know. Disgusting.

You ain't reasonable....abeg..over sabi....I don't know your problem
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by RoyalBlu(f): 3:51pm On Apr 10, 2020
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by bendazum: 3:53pm On Apr 10, 2020
Tomtomy98:


70k per month,Umuahia,ages not more than 4 yes and maid below 11yrs

Does your wife work cos its another thing to consider.

If she works, giving her #10 000 weekly. She can supplement if there's need to.

Otherwise #10 000 should be managed. Eggs occasionally for the children.
Soy beans should not be lacking.
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:54pm On Apr 10, 2020
RoyalBlu:

Thanks so much
Noted..
Very helpful
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by RoyalBlu(f): 3:54pm On Apr 10, 2020

1 Like

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by frozen70(f): 3:56pm On Apr 10, 2020
Tomtomy98:

Thanks so much..you mentioned 50k and 30k is it weekly or monthly?

It's supposed to be monthly

What will she be doing with it for weekly, with just toddler at home, haba

Does she work
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 3:56pm On Apr 10, 2020
bendazum:


Does your wife work cos its another thing to consider.

If she works, giving her #10 000 weekly. She can supplement if there's need to.

Otherwise #10 000 should be managed. Eggs occasionally for the children.
Soy beans should not be lacking.
Thanks so much..bro
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by KevinDein: 3:57pm On Apr 10, 2020
Tomtomy98:


You ain't reasonable....abeg..over sabi....I don't know your problem
Just read your response to another poster, you could have used another word instead of "maid". The whole idea of a 10+ year old being referred to as a maid isn't just cool.

Sorry about my other post.

3 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by RoyalBlu(f): 3:57pm On Apr 10, 2020
Tomtomy98:

Thanks so much
Noted..
Very helpful
.


You're welcome.

Easy does it.

Please try and spend within your means no matter what. And SAVE up as much as you can. smiley
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by chii8(f): 3:58pm On Apr 10, 2020
Tomtomy98:

She is not not doing all the jobs,what she does is washing plates and bathing my children..that's all.
I help her parents to train her in school


A girl below 11years shouldn't be bathing kids under 4years, you can train someone's child without the child leaving with you.You seems to be very comfortable with that.I don't want to deviate though but can't you and madam take care of your kids alone?
Now, back to your question, simply do the buying yourself,so you will be able to identify the spending ishh...

2 Likes

Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 4:00pm On Apr 10, 2020
chii8:



A girl below 11years shouldn't be bathing kids under 4years, you can train someone's child without the child leaving with you.You seems to be very comfortable with that.I don't want to deviate though but can't you and madam take care of your kids alone?
Now, back to your question, simply do the buying yourself,so you will be able to identify the spending ishh...
Thanks so much...
Will be corrected
It's because of her work,I stopped her and opened a shop for her beauty makeup..at least now she will take care of them
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by jenifer007: 4:00pm On Apr 10, 2020
If all she needs to buy are soup ingridents, she should be able to manage 20k for a month but with food stuffs like yam,bag of rice etc,she should be able to mange 40k at least food stuffs can last you guys for at least 2 months or more.
Re: Please How Much Should I Spend Per Week Or Per Month With Family Of 5 by Tomtomy98: 4:02pm On Apr 10, 2020
frozen70:


It's supposed to be monthly

What will she be doing with it for weekly, with just toddler at home, haba

Does she work

Thanks so much
She just started her new shop few weeks ago..lets see how it works

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