₦airaland Forum

Baawahala:
OK done,just wish for better

Obasanjoslim:
hope u will not tell the young man to start selling GNLD products

seyicodes:
can i call you .. i dont have a whatsapp phone.

eodavids:
Call me, if you can manage a forum website profitably

seyicodes:
i dont have your number sir.. and yes i can manage it sir ..

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

LauraClasikVibe:
Good afternoon

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.