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Nairaland Forum / Nairaland / General / Business / Are You Rich With 50 Million? (1537 Views)
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Are You Rich With 50 Million? by lyriclekidd(m): 11:22pm On Jan 27, 2022 |
We had an argument in a whatsapp group. The argument was Guys, please allow me to ask you this question. What category can we place someone with a bank account of ₦50million naira. A) Rich. B) Average. C) Poor. Please I'd be glad if I get answers. |
Re: Are You Rich With 50 Million? by gmacnoms(m): 11:25pm On Jan 27, 2022 |
lyriclekidd:With 50m in your account, you are already among the billionaires we have in this Nigeria Even Dangote, na 48m dey e account 2 Likes |
Re: Are You Rich With 50 Million? by PoliteActivist: 11:30pm On Jan 27, 2022 |
The question is malformed. No rich person would have N50M sitting dormant in a bank account in Nigeria. Anybody who'd do that probably knows nothing about money, didn't work for the money, and will soon be broke! 2 Likes 2 Shares |
Re: Are You Rich With 50 Million? by 9182736455O1999(m): 1:06am On Jan 28, 2022 |
There is difference between being a big boy and becoming rich. Abi you don 4get say nigerian money dey loose hin value. |
Re: Are You Rich With 50 Million? by chukzyfcbb: 1:27am On Jan 28, 2022 |
PoliteActivist:Money wey no reach $100,000 lol It is well 3 Likes |
Re: Are You Rich With 50 Million? by MotivationKG(m): 8:53am On Jan 28, 2022 |
lyriclekidd: First of all, my answer is B) Average Now there is a major difference between been rich and been wealthy which I have always taught people. Been rich only looks at the size of your bank account but being wealthy involves everything financial about you which produces something. Your investments & returns qualifies you a wealthy man more than the size of your account. You can inherit an amount of #50million and you will be counted among the rich but not the wealthy. chukzyfcbb: According to the nigerian standard, #50million is already being rich but when compared to dollar like the guy above, it's nowhere near rich. STRIVE TO BECOME WEALTHY AND ALL THE RICHNESS IS YOURS...
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Re: Are You Rich With 50 Million? by Springboot: 11:11pm On Jan 28, 2022 |
PoliteActivist: I don't know if it's poverty or education or just ignorance but most of you on nairaland dish out dumb information without facts, just for the sake of this silly argument without any intention of bragging, yes I have had more than that in my account or the equivalent in usd, and yes and I know about money and I have a 9-5, I am not a business man in anyway, I also have friends and colleagues I'm certain have such. 1 Like |
Re: Are You Rich With 50 Million? by PoliteActivist: 11:14pm On Jan 28, 2022 |
chukzyfcbb: See what I was saying? A self-made rich person that knows anything about money won't think like this at all. All they'd be thinking is why in the world they'd leave a kobo long-term domant in a Nigerian bank when the value would halve in two years, instead of putting the money where it'd be generating money! |
Re: Are You Rich With 50 Million? by PoliteActivist: 11:24pm On Jan 28, 2022 |
MotivationKG: The discussion is not wether N50K is rich or poor. The discussion is wether a rich would keep such money dormant in a Nigerian bank. And BTW 95% of Americans can't afford to have $100K in a bank account. Also $100K is A LOT of money to vast majority of Americans just as it is no money to some people in Nigeria! 1 Like |
Re: Are You Rich With 50 Million? by PoliteActivist: 11:27pm On Jan 28, 2022 |
Springboot: You don't understand the discussion. The question is: would you leave 50 million NAIRA dormant in a Nigerian bank??! 1 Like |
Re: Are You Rich With 50 Million? by Springboot: 12:29am On Jan 29, 2022 |
PoliteActivist: I see. |
Re: Are You Rich With 50 Million? by DeeBaDan: 3:50pm On Jun 23, 2023 |
Hmm |
Re: Are You Rich With 50 Million? by valiju: 4:05pm On Jun 23, 2023 |
Did you live in Nigeria because 100k dollars you have in USA will not qualify you as a rich man but If you have 50milion in Nigeria you are doing well than most of Nigerians and that can’t be said of USA Springboot: |
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