₦airaland Forum

Eagba:
my take is, you r almost on a sound footing, but increase the money you spend month, 20k is too small. Saving isn't really the key, keep making shrewd investment, eat better and you r good.

Lol thanks. Albeit I eat well cos I have a fixed deposit dat gives me anoda 20k monthly. So that's it.

Holamscoh:
But pls don't tell me u spend only 20k monthly.

i also hav a fixed deposit dat gives me anoda 20k monthly. So that's it.

madridguy:
Yahoo Boy No Laptop

YBNL

phr33man:
My brother, I mentioned matured mind. And I am telling you that I am a living witness of that. I lost my dad 2015. And his salary was 55000 Naira after working for a Lebanese company for over 20years and my mum a teacher earning less than 100k. With their combined effort and maturity, they were able to send 3 of us to school (till university) and now have a house along epe express way and a land along badore road.

My brother, not to bore you with little story about my family. Just to let you know that this is very possible with my aforementioned list.

Peace

bros naira no get value again oh. Go market go buy baby tins, sch fees for uni no be beans. In fact naija is drifting backward. Our parents lived in a better country.

zicoraads:
What baffles me is how people like cleaners and security marry, have kids and still feed and cloth and send their kids to school. Are they magicians?

lol it all depends on the kind of life u want for urself

Johnadelaide00:
I have a target to finish up a similar project b4 I turn 30 by the start of next year and I intend to get married by then.

i wish u well bro.

LegDoLand:
Considering your achievements, you are doing quite well. But i am quite concerned about your plans and considering your age too. I aint really a fan of late marriage, especially if you can afford to marry earlier, and trust me, you can.

it is understandable if you dont have a ready woman now, but trust me again bro, if you get a decent woman that has her own source of income you will hit your 5m mark and even more within the next 2years.

Judging from the comments on here, it is clear that people think the only reason for getting married is to immediately raise a family. Thats why "raising children" expenses tops the list of their considerations as they dish out advice.

True, procreation is one of the main reasons for getting married, but it has unfortunately become the reason why a lot of guys remain single for long.

Look at it this way, how about marrying the woman you truly love and who has her own source of income, leave off child-bearing for 6months to 1year to enable you both enjoy yourselves, plan your lives and save towards raising a family?

Based on that, i think 500k is sufficient enough to settle down, as long as it doesnt run out, implying there should be an income.

- LegDo Land...give your feet a treat

thanks, no woman for now and I'm not really desperate abt it. Wen she comes, she'll be happy cos av prepared a place for her already.

angelbulksms:
I admit, I scanned through your post and didn't digest all.

So, you're allocating N1m for wedding.

Fair enough but don't wait till your N5m Savings is complete except you currently don't have a lady you can marry.

If you do, this might be the best period to tie the knot so that you can face other aspects of life.

I appreciate u sir. The goal is to marry at 35, that's if I dnt travel out of naija. No lady for now.

peacenaija:
bros you're lucky, I earn a lil above yours but I spend almost 20k on transport fare... I really love your plan.. how were you able to achieve that I mean. the bungalow, am I young guy and I also wanna invest and have a good plan.. I don't mind connecting with you online for guidance.. Thanks

I saved tru my nose plus financial discipline, no impulse buying plus I only buy wats important, many ladies called me stingy but I didnt care cos my focus was to build a house for myself b4 I clocked 30 n I did!
Pm me.

angelbulksms:
If I get you right, you want to save N100k per month till it reaches N5m, and then use it for wedding/marriage.

Admirable but not wise enough. Because that would require over 4years, with the hope that everything would be fine at your workplace.

Try and figure out a wiser plan.

obviously u didn't comprehend my comment. I never said i will use the 5m for wedding, read my comment again.

Bamz:
https://www.nairaland.com/4472519/canadian-express-entry-federal-skilled

Canada

https://www.nairaland.com/4478747/diy-guide-australian-permanent-resident

Australia

You're welcome.

thanks

ekanDamie:
Ur own is better o. Us we just dey move sha.

keep moving

ekanDamie:
This is the kind of articulate answer that we expect.
But pls may i ask all things being equal. How soon would u hit d 5M margin if u dont mind am only asking cos i wanna know ur age by then.
Am 26 presently. Less dan 200k in my
earning bout 60k tho reason for poor bal is i support myself in school n oda expenses.
I just dey reason how man go fit even save 1M
For this life

i shud be able to save that in 3 years cos my job allows me to travel n I mk extra cash from nyt allowances. So @34 giv n take I shud hav 5m cash in my account, then marry at 35.

ideology:
Bros its well whatever suits you. But look for alternative investments please don't leave money as savings in your account. Ask around about Money Market and rather leave the money there.


Visit Stanbic IBTC, ARM or Axa Mansard
You will be glad u did.

ok thanks

TheTechMan:
You be rich man o! I hail you baba.

for where? Abeg leave dat side. No be man like me buy porshe of 20m for him babe?

Akalia:
your plans aren't bad though, it all boils down to good financial management. Your pay grade can comfortably keep a family in Nigeria if you get your acts right. You are fortunate.

good financial mgt it is!

ideology:
Nice but how do you survive with 20k bros

Even if you don't help anyone or send money home ...

Do you pay utility bills, Trans to office , recharge voucher and subscription??

To the matter, well its good you have extra source but since you get that extra once a year, I suggest you find where to invest it to give birth to another steady source.

Pls don't save money in the bank, even if you have no plans for it, buy treasury bills or invest in money market. Don't just leave any cash in the bank.

i pay utilities n tfare but very very small amount. But I live like a student, no frivolous spending or carrying women n giving dem tfare. I live like I will enjoy later.

Arondizuogu:
#100? Bro you own better oo. I know someone that wanted 75% of his income on transport.

i hear that all d time. Tnx tho

blank:
Look for the thread on Canadian Express Entry to see if you meet the requirements. You can save towards that.

have searched to no avail, pls can you share the thread link here for me. Thanks

OmoAlata1:
Lol I don’t believe a woman wrote this. It is coming from a micropenis misogynist pig.

u r not wise.
If any woman treats me dis way, I will never ever stop loving her, in fact all she wrote above is my mumu bottom. I will worship the woman that treats me dis way surely.

Hi

addictiv:
Date the man, dump ur bf and end ur relationship, use the money u get to make ur life better.and ur child better.Forget the bf cos ur re better off without him. A real man would rather die than sell out the mother of his kid.

this is a very stupidd advice.
Wat if the politician wants to use her for rituals n the bf knows abt it but because he has no love for dis babe, agreed to sacrifice her.
Girl leave d two of them. I mean ur bf n d politician. Remember, 2019 is around d corner, politicians n their ilks hav started perpetuating all manner of ritualistic acrobatics n voodoistic manipulations. Stay woke!

swiz123:
Your question looks childish; the replies you've gotten so far, childish too.

You don't literally need to have 500k in your bank account before thinking of getting married.

You just need to have a steady source of income that will be enough to cater for a family.

A man might be running a business with less than 500k, but he makes steady profits from the business. He might decide to folk out 150k for traditional marriage(depending on the state he intends to marry from), then later he can do church wedding.

Having the mentality that I need to save up to half a million before getting married has kept many men above 35 single.

If you can clothe, feed, provide health care etc for 3 persons comfortably, then getting married shouldn't be a problem.

But while at it, avoid marrying leeches

oversabi. Considering naija's present economy, how many pipo can provide quality 3 square meal for themselves dis days? Or u tink the news abt job losses is fiction?This is why some men of 35 r still single not the baloney u spilled up there.

BrainArk:
Create a separate thread for this, I am sure you will get some good advice.

aiit thanks.

hmmm

while reading, I paused to tink for a min concerning this news
wat if the killer is the one leading the search for the killer?

A fool forever.
U make use of my monthly tax deduction every time sponsor ur medical check ups in the UK.
And leave me and other nigerian tax payers wit dilapidated hospitals.
Na ogun go kill u oh.

wristbangle:
You are welcome boss. That's great. I have my reasons for quoting you. Almost in same shoe

u See, the reason I consider traveling out is cos I need assurance and I hav pipo there, private job is really not safe in naija, which is d reason I'm living on meagre funds upon wat I earn. Just need to quickly do sometin on ground fast b4 any yawa.

wristbangle:
You have a good plan but how come are able to save 100k while 20k alone in a month. Are u in Lagos? Is your work place close to your residence?

When you save the money, you can kindly invest in a profitable with high ROI.

Agreed, marry a lady that will bring something to the table, no matter how small it is. Don't settle for broke/hungry lady bro. You will be her ATM machine for life.

thanks boss, ur assessment is noted. And yes I live in Lagos n also live close to my office in lagos mainland. I only spend 100 naira as tfare daily. Thanks once again

pocohantas:
I am not stupid. I don't keep people in my life if they have no use.
I don't hide it either...

Do I look like a host, where parasites attach? Every relationship I am involved in, be it romantic or platonic, same sex or opposite sex...you better be useful.



They don't know how stupid they sometimes sound with their unending attack on the female folks. Why do people make friends if not for some use? Abi does he want to be a useless friend?

Anyway, some of them are actually useless.

u said the ryt thin in a stewpeed way. Cheers

I already hav a bungalow which I let out n rciv 350k annually, i work wit a private firm n rciv 120k monthly after tax n pension, i am able to save 100k from dis amount n use 20k for myself monthly, my plan is to either save money n travel out or save up to 5m, use 1m to get a moderate car e.g. Camry, use anoda 1m for wedding n settle down with a lady day can also bring sometin to d table no matter how small. I'm 31 yrs old.
Pls evaluate my plans.