Whenever you earn an income follow below steps -

1. SAVE - jejely put aside between 30% - 40% as savings

2. INVEST - I know it's not easy but endeavor to also reserve a portion say 10% - 15% for potential investment purposes.

3. SPEND/GIVE - now use the remainder to meet your concurrent expenditures and take care of other financial needs. As you spend kindly remember to reach-out to the needy and less privileged no matter how little ( I use God beg you ).

Crypto is the way

Is it not my salary,what is how not to spend your salary

Interesting

On top how much Alawi?
Person wey dey collect 15k nko
B like say Na chevron op dey work

lilvicky68:
1..don't spend it at all be greedy to yourself..
2..Eat once per day..
3..delete and block calls from all family members..
4..instead of paying house rent,live under the bridge.
5... Wake up early and trek to work everyday..
Since you don't want to spend it na

Lol, I understand the sarcasm in your comment.

lilvicky68:
1..don't spend it at all be greedy to yourself..
2..Eat once per day..
3..delete and block calls from all family members..
4..instead of paying house rent,live under the bridge.
5... Wake up early and trek to work everyday..
Since you don't want to spend it na

Correct person!

Elsanchez:
beer beer bank nko?

you no get girl friend

SweetVibe:

Lol, I understand the sarcasm in your comment.

Lol

https://www.youtube.com/watch?v=dYEZoDIAPuA

MasterRahl:

Good tips. However, the most important is STRIVE TO EARN MORE.

No matter how hard you try to save, it is important to note that it takes just a single emergency to wipe off an entire savings... especially when you're saving in a valueless currency like the Naira.

As such, salary earners and others should try as much as possible to create at least three sources of income (in a country like Nigeria). If possible, at least one of these sources should pay in hard currency. The OP made mention of this in the last paragraph.

We will survive.

Hmm ��

Wisdom.

That's the big secret.

PRODUCE
EXPAND
DIVISIFY.

lilvicky68:
1..don't spend it at all be greedy to yourself..
2..Eat once per day..
3..delete and block calls from all family members..
4..instead of paying house rent,live under the bridge.
5... Wake up early and trek to work everyday..
Since you don't want to spend it na

They don't know there is a limit you can reduce cost, it quickly turn to suffering. Instead increase the income base.

LauraClasikVibe:
HOW NOT TO SPEND YOUR SALARY!

Earning money is difficult whereas spending money is easy. So, it is necessary to spend judiciously. I have seen that sometimes a richer person is unable to manage his expenses because of extravagance whereas a poorer person manages is expenses successfully. A person should spend in such a way that he can save some money for future. Some guidelines for spending judiciously is given below:

Lessons
1. Don’t buy what you don’t need
2. Don’t borrow to buy wasting assets
3. Have a saving habit; it helps you in rainy day
4. Don’t try to impress anybody with your clothes or cars
5. Avoid friends who make you go into debt because you want to belong.
6. Have annual financial plans

Lastly, salary is never enough. Put your money in assets that can yield returns. such as Money Mutual funds, T-Bills, Digital Assets etc

Motivational loud speaker

gentle136:
Run away from women wen u collect salary

Konji no dey disturb you

meobizy:
Invest if you see a possibility. Of recent banks make it unattractive to run fixed deposits, so I'm stuck in a rut. Buying shares is also difficult as every broke idiot automatically becomes an expert when I discuss the idea.

Many years back I bought some shares, till today nothing came out of it.
I still remember clearly, I don't know if it was on purpose or typo error, but my name on the receipt came out wrongly arranged with a different surname, and after complaining they promised to current it.

Na so e be till today

IMASTEX:

They don't know there is a limit you can reduce cost, it quickly turn to suffering. Instead increase the income base.

No mind them

Always ensure your rent, if your are working is not more than 25% of your annual salary.

Don't eat.
Don't drink.
Don't transport.
Don't recharge your phone.

Those are the sure ways of not spending your salary.

meobizy:
Invest if you see a possibility. Of recent banks make it unattractive to run fixed deposits, so I'm stuck in a rut. Buying shares is also difficult as every broke idiot automatically becomes an expert when I discuss the idea.

Call me let me help you.
08038708407 obiorah a seasoned investment expert

How do you want me to know how to spend my income, when IKEDC alone brought a bill of NGN 73,000 a month for a 2 bedroom apartment.
read details

https://www.nairaland.com/6516871/ikedc-fradulent-overbilling-scam-activities

Well just see my sig, this should be the only reliable profitable investment you may come across.

If you understand the principles of making money, you should relate

Karleb:
Don't eat.
Don't drink.
Don't transport.
Don't recharge your phone.

Those are the sure ways of not spending your salary.

Don't go out and socialise

Well said.
1. Learn to save from 2-20% of your salary irrespective of how much you earn .
Benefit .It creates a habit.
2. Save your money in a hardly accessible account.
Benefit. So you won't be easily tempted to touch it.
3. Save before you spend.
Benefit. The other way round might leave you with almost nothing.
4. Invest in your self with your savings.
Benefit..The more you invest in yourself the more your earn.
5. Have 6 months 5% emergency fund.
Benefit .In case a health related problem comes
6. Your annual savings should be used for assets like lands and property not liabilities like cars and gadgets.
7. Avoid impulse buying.. If you have stayed without that thing for many years, giving it extra two weeks to think about it won't kill you.
Benefit..The urge may have died down after the wait.
8. Stop giving your hard earned money to lazy people. People that don't want to work but beg.
9.Read financial books.
Benefit..They have hidden secrets to wealth.
10. Diversify your source of income.
Benefit...Rat wey get one hole dey die quick.
More ,more. more

hmmm country hard survival first abeg

That's nice

kennethfranc:
While it is well to save/invest, it is very difficult for someone who is underpaid to invest.
With the little exposure at work, I always imagine how possibly can a bachelor survive with 20k salary let alone a married man...

The future needs to be male jaree

The future is male already..


Funny thing, some of us have the money but na crooks full all this investment schemes from crypto, Forex and the list goes on...

Also stop chasing women

lilvicky68:
1..don't spend it at all be greedy to yourself..
2..Eat once per day..
3..delete and block calls from all family members..
4..instead of paying house rent,live under the bridge.
5... Wake up early and trek to work everyday..
Since you don't want to spend it na

Nice

LauraClasikVibe:
HOW NOT TO SPEND YOUR SALARY!

Earning money is difficult whereas spending money is easy. So, it is necessary to spend judiciously. I have seen that sometimes a richer person is unable to manage his expenses because of extravagance whereas a poorer person manages is expenses successfully. A person should spend in such a way that he can save some money for future. Some guidelines for spending judiciously is given below:

Lessons
1. Don’t buy what you don’t need
2. Don’t borrow to buy wasting assets
3. Have a saving habit; it helps you in rainy day
4. Don’t try to impress anybody with your clothes or cars
5. Avoid friends who make you go into debt because you want to belong.
6. Have annual financial plans

Lastly, salary is never enough. Put your money in assets that can yield returns. such as Money Mutual funds, T-Bills, Digital Assets etc

you just end up typing rubbish.