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Nairaland Forum / Nairaland / General / Family / Minimum Amount Needed By A Family Of Six For Monthly Sustenance. (3366 Views)
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Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 4:23am On Jul 25, 2021 |
What do you think is the bare minimum amount needed by a family of six (The two parents and four children) for monthly sustenance in your part of Nigeria, taking into cognisanze school fees, house rent, feeding, utilities etc. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by busola500(m): 4:32am On Jul 25, 2021 |
As Nigeria Is it now let me say 40k will be manageable for them |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by Unsad(m): 4:49am On Jul 25, 2021 |
In Remote parts of Lagos , 100k monthly. In Ibadan , 50k. I guess. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 5:14am On Jul 25, 2021 |
busola500:including school fees, house rent and feeding? you need about 40k a month for school fees and supplies for four children assuming they attend schools that charge 30k or less per term. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by cRobo: 5:51am On Jul 25, 2021 |
Na wow for those saying 40k Are you guys speaking from experience or from a point of assumption 1 Like |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by frozen70(f): 6:02am On Jul 25, 2021 |
abouzaid:. Try 50k,cooperate and love madam she will add more of her own If you trouble her she will trigger the allowance more 2 Likes |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by psucc(m): 6:56am On Jul 25, 2021 |
If you're talking about monthly expenses, take away clothing, school fees and rent. I tell you, those saying N40k may not have that family size and are not talking from experience. It all depends on the area you live. And if you have a little garden. If not, your wife must be a super Manager to do with N40K/month i.e. 40,000÷30days N1,300per day. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 7:53am On Jul 25, 2021 |
frozen70:madam and oga are a tight team and 50k is hardly enough to cover school fees and house rent for a three bedroom flat with running water. How much would likely be the total monthly expenses for such a family? |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 7:57am On Jul 25, 2021 |
psucc:why take away clothing, school fees and rent? what's your budget for those in your area? |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by frozen70(f): 10:49am On Jul 25, 2021 |
abouzaid: That amount was just for feeding As for school fees they can look other schools that pays lesser As for apartments, they can afford three bedroom that's why they are in three bed rooms if not they would have been in semi flat 1 Like |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 12:23pm On Jul 25, 2021 |
N200k minimum breakdown as follows: N40k monthly for rent (3BR in remote part of Lagos), N40k monthly towards school fees, N16k monthly (N200/child/20 school days for breaktime snacks), N90k monthly (N3000*30days) for feeding, N14k monthly for miscellaneous. Note this isn't including transportation because I don't have an idea how best to quantify that. 4 Likes |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 12:25pm On Jul 25, 2021 |
frozen70: Please, what is a semi flat? I'm hoping it isn't a mini flat as that wouldn't be fair on the kids. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 1:18pm On Jul 25, 2021 |
GboyegaD:Nice, this is what got too. I hope this thread makes the FrontPage, it's way more useful than some of the threads there. 3 Likes 1 Share |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by ednut1(m): 1:44pm On Jul 25, 2021 |
4 kids in this economy 4 Likes |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by shizzy7(f): 1:47pm On Jul 25, 2021 |
30k monthly for family of three e no even reach. No idea on how to manage again. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by psucc(m): 1:55pm On Jul 25, 2021 |
abouzaid:these are items you don't spend on on monthly basis. They're done at most, quarterly or so. These items are being budgeted for from savings. In fact, adding them will skyrocket the amount 1 Like |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by frozen70(f): 2:20pm On Jul 25, 2021 |
GboyegaD: It's a room and parlour with kitchen and toilet included on the apartment It doesn't have effects on the kids because they will sleep in the parlour |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 2:30pm On Jul 25, 2021 |
ednut1:don't expect the birthrate to go below 3-4 kids, Nigeria is a high birthrate, high deathrate society so people have many children to increase their odds of having children that reach adulthood. 1 Like |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 5:05pm On Jul 25, 2021 |
frozen70: Ok ooo. I understand it because I had friends who grew up in such conditions however, whoever choose that in this age and time is wicked and inconsiderate. 5 Likes 2 Shares |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 5:06pm On Jul 25, 2021 |
abouzaid: If this is true, it means we prefer quantity to quality. 1 Like 1 Share |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 5:16pm On Jul 25, 2021 |
GboyegaD:na condition make crayfish bend, Nigerians are only responding to envirommental stimulus, good governance, effective and affordable healthcare, social and physical security and universal old age care would push the fertility rates down. 1 Like |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 5:38pm On Jul 25, 2021 |
abouzaid: Whose fault is it that we do not vote rightly? Whose fault is it that we, even the learned, fester on ethnic and religious bigotry? All those things are attainable when we do right. 2 Likes 1 Share |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by wunmi590(m): 6:13pm On Jul 25, 2021 |
May God help us in this obodo Nigeria... Me with 1kid self, I spend upto 25k in a month... Petrol to fuel generator, because we hardly have light at night 7PM-10pm or sometimes 11pm which cost N2500 every week (10k monthly).. it is a must my wife on geneator, because of my baby.. I stay in a two flat apartment, so I pay PHCN bill 2500 each with my neighbour Rest go on feeding, and other miscellaneous, and that's because I only go home once or twice a month, as I work in Lagos, and stay in my family house in Lagos... God ho help us for this country Modified 4 Likes |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by NoToPile: 6:39pm On Jul 25, 2021 |
Hmmm this your question is hard too Things are annoyingly expensive Hope there's no baby among the four, if there is then more expenses, pampers and baby milk Definitely not 40k sha. Just -Garri Palmoil Rice Beans Semovita Vegetable oil For the month will take around 20k if not more. God will help us in this country. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by ThaThinka: 6:49pm On Jul 25, 2021 |
busola500: In what part of Nigeria? Well, it won't be in Lagos. As I dey manage reach, I am not sure that amount will cover for both wifey and I if I were already married o considering all regular expenses. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by ThaThinka: 6:59pm On Jul 25, 2021 |
GboyegaD: So, sir, everyone with a family of that size make up to N200,000 monthly? |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 7:09pm On Jul 25, 2021 |
GboyegaD:what we are suffering in this country today was the same fate suffered by our fathers, the problem of this country is structural, in the words of Awolowo " There is no true Nigerian just as we have a French or italian... Nigeria is a mere geographical expression created by the British for their own diabolical (evil) intentions.", therefore, i dare to say that Nigeria have never worked, Nigeria is not working and Nigeria would never work. |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by psucc(m): 7:11pm On Jul 25, 2021 |
ThaThinka:Don't mind him. These are people living in an utopian society. 2 Likes |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by abouzaid: 7:13pm On Jul 25, 2021 |
ThaThinka:at least that amount to live decently except you are able to cut expenses like living in the family house, your are a teacher and some of your children are therefore entitled to scholarships, you have a farm etc. 1 Like |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by pocohantas(f): 7:14pm On Jul 25, 2021 |
ednut1: I know say your own comment go different. 1 Like 2 Shares |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 7:32pm On Jul 25, 2021 |
ThaThinka: Did you read the topic or you just trying to attack my post? 3 Likes |
Re: Minimum Amount Needed By A Family Of Six For Monthly Sustenance. by GboyegaD(m): 7:33pm On Jul 25, 2021 |
abouzaid: We know the issues and we can choose to build an ideology/identity and change our name. Nobody will do for us that which we can do by ourselves. |
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