₦airaland Forum

I am really enjoying your contribution. I like how you break everything down

Originalsly:
Not multiple job.... single job. E.g .... a blue collar worker... $25 /hr.. 40 hrs per week.... $1000/wk... $4000/mth. White collar worker (most likely supervisor+)... $4000/mth. Same pay. The blue collar is likely to make overtime .... each hour O/T he is paid at a rate of $37.50 /he. If he makes just 5 hours OT per week (and this is soooo common).. . that's a boost of $185/week..... $740/month... x12 ... you have a calculator?? .. and we wonder why so often blue collar workers make more than their supervisors.

I did my calculation thoroughly before posting. In Europe or North America someone who earns $50,000 will be left with $$37,000 to spend after tax. A standard one bedroom goes for $14,400 a year. When other bills are factored in I believe you will agree with me that it becomes impossible to save $9,000 a year. That was why I included a video below my post for a breakdown of cost of living

Muleriders:
$25 that folks earn PER HOUR and even more is what you said it's impossible to save in a day?.

If Christians worldwide can pay 1/10 of earnings as tithe, then you think saving 1 out of 8 - 10 hours wages is a problem?.

Bros change your loud plug.

Please can you explain why I should remove asap? Let's discuss and share ideas if you don't mind

RunzMAN:



Remove asap

I have done a thorough research and my findings are very interesting. I hope the Moderators considers me worthy to move this to the front page.

It is impossible for someone earning $50,000 annually abroad to save $25 daily (Over $9,000 annually). Majority, if not all of western countries consider people making $50,000 as middle class. $25 dollars is just 10,000 naira daily. I believe most Nigerians with handwork can make that much comfortably daily. I am not trying to discourage anyone from traveling abroad, I just want us to have a rethink and see that Nigeria is not that bad as we portray it to be. Drivers, laborers, petty businesses etc all make over 10,000 daily. Forget the daily complain of hardship we read online daily. It is a Nigerian trait. Tens of millions of our citizens do actually make above 10,000 daily. What we need to do is cultivate the saving habits of our brothers who live in diaspora. Nigerians only learn how to save when they travel abroad. If we work on ourselves, saving a million naira annually won't be a problem. Thanks

https://www.cnbc.com/video/2021/06/25/how-to-budget-your-money-if-you-make-50000-per-year.html