₦airaland Forum

gunners160:
Gbam. ur Brain get oil

It was not even a self con , it was a single room. There were few single room self con in the early '90s..

gunners160:
Ogar wetin u dey write? Your dad gave birth to you guys in a single room does that mean you must also follow the status quo in the family. Yes my parent are also average but I will never and I mean never marry being average and staying in a self contain...
Yes, getting a beta room might be a liability but if we keep running from certain expenses all in the name of liability then people will start wearing rags.

These post is typically a post for mediocre people. Must people suffer in the name of marriage

while living in a self con. I was earning 185k. I was writing my ACCA and FRM, they were expensive and gulping my savings. I needed to get married and have kids. My present rent is over 500k per annum. Bro! for once I a m never bothered about my present never!

Ayemileto:
Nobody said they should stop existing. Reproducing in poverty is the main point of contention here!



Lol. I get it now. You're the last born. I doubt the first or second born of your family will go around advising people to get married and start having children when not financially stable.



Why many of them can be doing good, I'm 100% sure they wouldn't have needed to make as much sacrifice as they made to get to where they are today, if their parents were financially stable before bringing them to the world.

Also, I'm 100 percent sure they would have passed the current level they are financially, if their parents were financially comfortable before bringing them to the world.

I never said they won't do good. But they will have to struggle, go through untold hardship, miss many opportunities and sacrifice much more than they would have done, had their parents be financially comfortable!!!




Yes. Like I said earlier, It's better not to get married and produce offsprings, than to bring them into this world to come and suffer.


Peace.

Like I said, we have to make different degrees of sacrifices to make it in life. If waiting until you have enough before starting a family then we need to anlayse your enough. You are like a politician stating that we should discontinue the importation of fairly used clothes but keep up with fairly used planes. Now it will not be fair to your kids if you send them to a FGC or a close by private high school. The standard should be British International School or Loyola Jesuit. It will be unfair if your kids don't have at least 5million each invested in a hedge fund for them at birth. Because that is the least most comfortable people I know do. If you can't do these don't bring ur kids to suffer. I agree with your philosophy

Edyice:
Uncle anyone that want to bring babies in poverty should go on with it already .. some months ago , a lady killed her children because she can't cope .

As for me I can't marry Until I have things in place for my kids .. things to fall back to and more ( makes life easier for them including their plans to achieve more )


My papa have three HOUSES and five lands ( untouched)
Uncle seeing this eeeh .. joy just full my heart

I wish I can explain more but bringing children into this hard world without proper planning is not worth it ...

Those who have ears , let them hear ( in my pastor's voice)

Ensure you solidify the plans and bring it to fruition. Some people plans are their low paying jobs. Let them begin their lives with it. It wouldn't matter to me now if my dad had houses or not. This is because I have started acquiring the little I can.

LadySarah:
Your father had 8 children in a self con? Tufiakwa!

I advised the couple to let the sis go. She must not stay there. It is a shameful thing. Let them manage and Eke out a life for themselves there not carrying another person's problem.

The sister-in-law living with him is his choice. It is his prerogative to either tell her to go or stay. There is nothing wrong/shameful in starting poor. Finishing poor is not so good and that is life.

Ayemileto:
Lol.

I couldn't read the entire epistle, but with the little part I read.......

There's really no sense in starting early and bringing children into poverty and suffering.

In fact, it is even better not to have children, than to bring them around to come and suffer, all because "you want to start early".

This is because, the poorer you are, the more difficult it will be for your children to become financially comfortable.

This is why children of rich people are always rich while poor people keep breeding their kind.


The fact that it worked for your parent and you does not necessarily mean it will work for everyone.

Just the way it worked for your parents, we have lots of people it didn't work for, so advising him to start giving birth to children is really wrong.


Also, it appears you also suffered, because you have to start hustling early (At a time where you'll still be dependent on your parent assuming they were comfortable). There's also many things you got denied due to your parent's poverty.

You want his children to miss all this too? That's wickedness!!!

---

That said, I probably missed the earlier thread, but it doesn't make sense as well to be saving up to rent a bigger apartment.

One of the basic rules of becoming rich, which I read in the book, "The richest man in Babylon" is to OWN THE PLACE YOU LIVE.

The more rent you pay, the more difficult it'll be for you to invest in profit yielding businesses.

When you save, save up for a profit yielding investment, Not a liability!!!

Hmmm so, because one is poor, one should not marry and reproduce? So you are suggesting that for us to have a saner Nigeria, about 40% of Nigerians that live in abject poverty with no hope of a breakthrough should stop existing? Dude wake up. I am the last born of my family and grew up around Alausa. Some of my high school friends from the same neighborhood are doing good. I mean very good! (some not so good) and that is life. People can't stop living because they are poor. When you marry at 45 because you were chasing money are you wise?

I will really appreciate anyone that will disagree with the subject and come up with a silver bullet so that we can kill poverty once and for all. Guys I will tell you this 6 months into my first employment, I had colleagues who were already in debt. It is better to prepare children than to repair adults. Have your kids on your income, and train them to be upright. It doesn't stop you from increasing your hustle.

Westernlove:
This Is one the most useless, deluded filthy post I've ever seen on the cyberspace....... Ten people In a single room and you still had the effrontery to come online and publicize It?? Jesus!!! You are shameless and need to be arrested Immediately. It will never be well with you people encouraging and breeding poverty all In the name starting early and having offspring, Your likes cannot and will never easily assist someone who haven't experienced or fall Into the category of the harsh reality your filthy wicked parent put you through In life because you will feel the person Is Lazy or Unambitious.......With your likes, your parents and siblings In abundance, The world will never be a better place like the way Nigeria Is, Thank God your likes and your parents are not the ones In charge of affairs of the better nations......

My wife was still serving when I got married. I was earning 185,000 monthly and I was living in my sisters
BQ. It was a single room selfcon. Trust me we enjoyed it back then.

Westernlove:
This Is one the most useless, deluded filthy post I've ever seen on the cyberspace....... Ten people In a single room and you still had the effrontery to come online and publicize It?? Jesus!!! You are shameless and need to be arrested Immediately. It will never be well with you people encouraging and breeding poverty all In the name starting early and having offspring, Your likes cannot and will never easily assist someone who haven't experienced or fall Into the category of the harsh reality your filthy wicked parent put you through In life because you will feel the person Is Lazy or Unambitious.......With your likes, your parents and siblings In abundance, The world will never be a better place like the way Nigeria Is, Thank God your likes and your parents are not the ones In charge of affairs of the better nations......

I am very proud of what I have achieved and what we have achieved. You should be proud of what and all you have got. I may not have gotten the best of childhood. But I am greatful for what I have. I am greatful to be part of my family success story.

Westernlove:
This Is one the most useless, deluded filthy post I've ever seen on the cyberspace....... Ten people In a single room and you still had the effrontery to come online and publicize It?? Jesus!!! You are shameless and need to be arrested Immediately. It will never be well with you people encouraging and breeding poverty all In the name starting early and having offspring, Your likes cannot and will never easily assist someone who haven't experienced or fall Into the category of the harsh reality your filthy wicked parent put you through In life because you will feel the person Is Lazy or Unambitious.......With your likes, your parents and siblings In abundance, The world will never be a better place like the way Nigeria Is, Thank God your likes and your parents are not the ones In charge of affairs of the better nations......

OK, let me ask you, who created the poverty in the first place? I have worked over 7 years in Finance and banking and 70% of employees of all the FMCG/Manufacturing sectors earn between 70-100k this is because the use more of contract employees. In the financial sector, 60 percent of bank employees are on contract and earn less than a 100k. How much is a two bedroom apartment in Ikeja? That is around 700k per annum. Now 60-70% of most employees earn less than a 100k and you expect them to leave in a 700k apartment? Now I want you to brainstorm and bring on a good game plan for that fellow living in a single room.

bizme:
Poverty na bastard!
Are we really using your Dad as an example here? Devil is a liar.

OK, let me ask you, who created the poverty in the first place? I have worked over 7 years in Finance and banking and 70% of employees of all the FMCG/Manufacturing sectors earn between 70-100k this is because the use more of contract employees. In the financial sector, 60 percent of bank employees are on contract and earn less than a 100k. How much is a two bedroom apartment in Ikeja? That is around 700k per annum. Now 60-70% of most employees earn less than a 100k and you expect them to live in a 700k apartment? Now I want you to brainstorm and bring on a good game plan for that fellow living in a single room.

How do I get the guy to see this. So that he doesn't make a mistake. @lalasticlala locate him.

"This thread is my Advise to the young man living with his wife and sister in-law in a room self con"



I read on this forum about a young man and his wife living in a room self con and the wife's sister is living with them. Everyone criticized him and advised him to save and get a bigger apartment and live comfortably (Instead of saving to increase your stream of income, you are saving to increase your liability "rent" how are you gonna get out of poverty when you are increasing your liability and expense on a fixed income? Sadly the ladies were encouraging the young man to SAVE and (become poorer) get a bigger apartment without thinking twice. (May God deliver is from partners without wisdom)

I will use a real life scenario to support the subject.
My dad got married at about 26, gave birth to 8 children in a single room(3.6mx3.6m). My dad worked as a bank security guard all his life (All his eight children are/were bankers). My mum was into ajo/esusu. We lived in that single room until my oldest brother got a job.Who says you can't start a family in a single room? let alone a self con. Listen, we are all going to make different degrees of sacrifices to get a better life. You better start now.

Let us use my dad as a case. If he had waited(for years) for the situation to improve, before he started giving birth, he would have been too old/weak to give my elder ones (then teenagers) the beatings they deserve to keep them in check while growing up in the ghettos.

You will have to focus on what is important on time. I could remember when my dad deprived us of a coloured TV. My mum had saved a little for us to purchase our neighbors spoilt coloured TV. My dad took part of the money to buy an Oxford dictionary for my oldest brother. My siblings and I got so angry that we wanted to read up/ copy out the whole dictionary and sell it the next day.

Thirdly his income never improve! (his meager salary increase could not knock off inflation) This is life and is real. you may never have that increased income. Are you going to pause your life hoping for an increased income? "you don't get caught up on where you would rather be and fail to make the best use of where you are."

Fourthly, you will have an increased sense of responsibility. My dad knew the value of a bottle of beer. A bottle of beer then was N40 naira. That is equivalent to 4 exercise books. Instead of having Deborah waiting for him early in the morning for books, he will decline the beer.

With the right training and God, you may not have to LABOUR for too long. at 56 my three of my siblings were graduates and gainfully employed and forced him to stop working. we had relocated to a three bedroom apartment. At 60 my Dad became a high chief. @65 he was Knighted and we gifted him and my mum the duplex he had always fantasised about and his Son in-laws once gifted him a car each ( imagine you have five son in-laws). At 56, the first child of my dad's closest friend was 12.

Lastly, do not allow narrow minded people impair your judgement. Narrow minded people are dangerous. They don't have a game plan. they just want to live comfortably (big rented apartment own a car with all their savings) and retire to nothing. These are the set of people that will see their children going into crime to make money and they will look away. They want to "meet-up". There is nothing wrong seeing a young man hustling and sacrificing for his family. There is something wrong seeing an old man struggling.

When I got my first job after a year, I was entitled to about 2m for a car loan, I took the loan, use one of my brother's car to front. I got married (while living in my elder sister's BQ a single room selfcon and I gave birth there.)with part of the loan, I used the other part to complete my professional certification cos I was paying in USD. After repaying part of the loan for a few months, I borrowed from my sister to pay back the outstanding on the loan. I left the company for one of the big 4 audit firm. worked there for two years and I came back to my former company on a middle management grade.

Many may disagree with the subject, but while we argue about the correctness or suitability of the subject, our greatest enemy "time" is ticking.

Finally brethren, beware of narrow minded people! flee from them. They always want chop chop and comfort at the present they are myopic.

gloryon:
the teller called because cash was handed to a customer. In this case, account was credited. That's why reversal codes are there my brother because of over credit and what not. Take care.

how do you reverse what has already left? the best you can do is to lien the account for the excess or entire sum. Now this is the case, what if the customer now claims the cash she gave was what the teller credited and she wrongly filled the deposit slip? teller word vs customer's word..who will win? truth is either way the teller loses. If you want to fight it you need to escalate then you will sanctioned if not dismissed cos most tellers are on contract. now customer can sue you for debiting her account without any instrument. Those days in banking we just call and beg...if the sum is huge we go through details and tty to contact anyone close to the customer. We try to kill the matter in the branch and we try not to inform the operations manager sef..las las you go use your money pay.

WILLuKPquiet:
You are right babe. Its too bad when its even by a lady.
years back I went to withdraw money at the bank I didn't use my ATM. I asked for ten thousand naira and the lady at counter counted the money and gave it to me. I did not count it. I just put it in my pocket and left.
I had already boarded a taxi when a call came in. "Hello Mr. Oluwaseun, I am sorry the money I gave you is more than you asked for. I know you did not count it. I gave you double pls sir can you help me by bringing it back" the lady begged.

I dipped my hand in my pocket counted the money and it was twenty thousand. So, I called her that on my way back from where I was going I would bring it and later I did.

If I had denied it there was nothing she could have done with it. She would only need to balance her account by refunding it from her pocket, but Integrity is too important to be ignored by me.

The guy has done well. But he could still tamper justice with mercy.

@gloryon, look at this response why didn't the teller just reverse the money from this persons account? why did she need to call and beg? that guy was trying to educate you but una ignorance too much

Mikyle:
am I the only one thinking that "is it possible to use someone you are yet to marry as your next of kin"?


I dey smell something.

you can use anyone as a next of kin. A next of kin foes not mean you are the next in line to the persons assets. A next of kin is someone close to you that the bank can contact when something happens to you....even if you don't have a will, the court sees ur parents as nexyt in line if you are unmarried

Saintinoo:
Those banks are also robbing us, they hardly return the illegal charges on our account.
If you think you can have an angel as a wife, then try and watch your own life and see if you have no fault.

What will you fo, if you were in his shoes?

mabebe1:
Wife's food is NTA, side chick's food is CNN....

mabebe1:
Wife's food is NTA, side chick's food is CNN....

hahahahaha ...what of FOX?

donbachi:
Wife's food nourishes ur whole body.while,dat of side chick nourishes ur toilet.

na lie

Someone asked me, what is the difference between a wife's food and a side chick's food? obviously his uncle is no longer eating at home but at bae's place.

My response: Wifey's food is meant to fill your stomach while sidechick's soup is meant to Impress you..

na the analyses keep me for office till 8pm. please feel free to state the difference from your POV.

uboma:
It is safe to say the evening commences at 5:00pm

British standard is 6pm. Why play safe when you can be correct?

uboma:
4:00pm is still considered as afternoon.

The evening starts from 5:00pm.

Evening starts by 6:00pm ...5:59pm is still afternoon.

Acehart:
I’m sorry. Please be strong.

how did your parents survive this?

SweetCunt97:
Bro why busting my balls huh?

...sorry

SweetCunt97:
OH well, cost millions

the average leather sofa from reputable furniture coys in Abj like kitwood and qunchi cost millions...so?

SweetCunt97:
A house in maitama that had Gold chairs... I nearly shed tears! See opulence

it is gold coated...not entirely gold

bluskyee:
Nice article...really cool

Thank u

Cutehector:
cbn is the only apex bank in Nigeria.

perhaps he meant in terms of earnings (for commercial banks)

solasoulmusic:
Money comes and goes but the loyalty that stays and supports is valuable she should have sent it sometimes yes it’s frustrating when you have to handle all the bills but for the people we love we should not count the cost. I’ve sent credit to someone when they only called me for one minute

This comment is worth a million naira. " for the people we love we shouldn't count the cost". I read your comment over and over and over

This will be very useful to families as well...
Managing family finances can be a tough job especially if the family is on a fixed income with no other side hustle.

First step is to calculate your total monthly income. You have to be factual. Do not speculate or add cash receivables. Also note that you can only manage what you have at hand.

The first step is savings. You really need to learn how to save if you are on a fixed income (salary earner). Your salary is fixed but your expenses are not. Therefore you need to learn how to save.

What next after saving? You need to benchmark your savings. What this means is that the money you have saved cannot be used for expenses rather it will be utilized for further creation of wealth...

which leads us to the next stage investment. People often think you need to have millions before investing. As a beginner I will recommend low risk(risk free) investments like Fixed Deposits, Call deposits, TBs, Mutual Funds and Bank Guaranteed CPs. Good thing is, you can start investing with as low as 100k. At first your interest will be insignificant but the good thing is, keeping your funds in these platform reduces the temptation of withdrawal and also as the investment matures, you might have saved up to add to it.

The next step will be how do I grow my savings. As a fixed income earner, growing your savings might be difficult. But if you are already investing, the interest from your investment can be used to cushion your expense hence allowing more room for savings.

Also we can increase savings by delaying expense. Let's say you want to buy a car or a refrigerator in January, but you delayed the purchase till June. While the price of the car or fridge might still be same, you have already invested the funds for that six months period. The interset earned can get you a table gas or a washing machine.

Buying what you need is also essential. Make budgets before spending and be sure about something before buying. Look out for less expensive stores, ensure you keep your coupons and always use it.

Also try and follow my simple triangle of personal finance which is: save, invest, and spend...spend wisely...

Thank you....

Earthbound:
Have some empathy. Some are weaker than most. Some break down uncontrollably, so much that they find it hard to talk to anyone about it, especially in a country such as this where visiting a shrink comes with stigma. Suicide is the hardest decision a person can make. It is not cowardice. This life too short and sweet. I cannot come and go and kill myself.

I have great respect for people who commit suicide. They have the courage of walking away...

stephleena:
They've satanic strength for them to take their lives.. if Job no commit suicide who I be?
there's light at the end of the tunnel

the matter wey dey now pass Job