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How To Manage Your Salary Wisely - Career (4) - Nairaland

Nairaland ForumNairaland GeneralCareerHow To Manage Your Salary Wisely (27928 Views)

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Re: How To Manage Your Salary Wisely by ruzell86: 11:26am On Mar 05, 2022
Bounceboune7:
so someone earning 20k should b saving 15k n managing 5k for a whole month?
Not really, but he can determine to save 10k (note: emphasis on determine).

The truth is our needs/bills will always rise to meet our incomes. So saving has to be deliberate, its a sacrifice or maybe discipline.
Re: How To Manage Your Salary Wisely by Bounceboune7: 12:03pm On Mar 05, 2022
ruzell86:
Not really, but he can determine to save 10k (note: emphasis on determine).

The truth is our needs/bills will always rise to meet our incomes. So saving has to be deliberate, its a sacrifice or maybe discipline.
let's talk about feeding alone at least 1 meal per day,do u think 10k can do?
Re: How To Manage Your Salary Wisely by ruzell86: 12:57pm On Mar 05, 2022
Bounceboune7:
let's talk about feeding alone at least 1 meal per day,do u think 10k can do?
With N600 you can acquire two meals per day in Lagos (despite high standard of living compared with other states excluding Abuja, PH). Even if it means not adding meat/fish to one's meal sometimes.
Mind you, it's only temporal.

Look, I'm neither saying the 10k would be sufficient nor give him total comfort. Certainly, there would be some distress, but once you learn to get along... your system adjust and it gets easy/normal.

Saving isn't easy, but we got to do it, as one of the basic ways out of economic hardships to start with anywhere.
Re: How To Manage Your Salary Wisely by Impactech: 10:37pm On Mar 05, 2022
ruzell86:
With N600 you can acquire two meals per day in Lagos (despite high standard of living compared with other states excluding Abuja, PH). Even if it means not adding meat/fish to one's meal sometimes.
Mind you, it's only temporal.

Look, I'm neither saying the 10k would be sufficient nor give him total comfort. Certainly, there would be some distress, but once you learn to get along... your system adjust and it gets easy/normal.

Saving isn't easy, but we got to do it, as one of the basic ways out of economic hardships to start with anywhere.
Then for 30days, the person will be spending 18k on feeding alone. What of other bills.
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