Good day family landers.
I'm here again with my epistle but I'm confused as the session is wrapping up I need advice towards the upcoming session.


Last year I posted my story here on how I shoulder responsibility with my 35k teaching job yet facing abuse from my spouse.

I was advised bymatured NLanders to start saving from my little salary to inculcate the saving habit and for future purposes....so far, since June last year I've been doing that and the results are both positive and negative.

Breakdown of the 35k monthly
2k compulsory savings (welfare1)deducted by the school to be given when you're resigning.

1500 tax ...I no sabi how dem calculate am

12k savings into school welfare2 where I can have access to loan of the double amount of my savings ..eg, if I save 100k I fit borrow 200k

10k thrift done amidst staff where we pick numbers to pack in 50k's (5months)


10k deductions for my 2kids tuition fees to be deducted 4times per term...they pay #21,500 each I only add money when we buy new uniforms or books and parties like Carol, career day etc



The positive part.


I was able to do a business in Feb-March this year from my savings... though it wasn't much but I gained close to 200k which enable me to pay my rent of 70k, buy a big generator of 95k(I bought this to as an asset,I can't keep it in my account I'd spend it without any good account for it basically on foodstuff)...pay my kids tuition fees of 61k and settled many debts I was owing.



The negative part
I discovered that since that last year's June I no longer receive salary.

Salary is just audio to me...when other teaching staff are buying new things monthly...I just remain the same no new wears... can't make good hair just #200 weaving and sometimes I borrow to buy foodstuff which I do pay with my extra lesson fees.



Since that last year...once the salary is paid my boss would always call me to pay her my minus i.e the excess after all the deductions, so I always have something to pay her at the end of the month ranging 2-5k monthly.


My question is

Am I doing the right thing?
Or am I taking the advice in the wrong way?

What can I do to enable me balance myself? The savings are helping but I no longer receive salary.


Please advise me on what to do...


Cc lalasticlala
Dominique
Royalty

Kindly push to frontpage for a wider view.
Thanks

Your pains are your gains!

Hell no !!!!

U have a conscience and it will tell u if I are doing d right thing or not.




Say no to AGBADO and cassava munching, Godforbid BATthing

reduce the amount you are saving with the school welfare.

you shouldn't be saving so much because you hope to have access to loans

OP I can help you but you will allow me to suck your breasts

Newborn27:
Good day family landers.
I'm here again with my epistle but I'm confused as the session is wrapping up I need advice towards the upcoming session.


Last year I posted my story here on how I shoulder responsibility with my 35k teaching job yet facing abuse from my spouse.

I was advised by matured NLanders to start saving from my little salary to inculcate the saving habit and for future purposes....so far, since June last year I've been doing that and the results are both positive and negative.

Breakdown of the 35k monthly
2k compulsory savings (welfare1)deducted by the school to be given when you're resigning.

1500 tax ...I no sabi how dem calculate am

12k savings into school welfare2 where I can have access to loan of the double amount of my savings ..eg, if I save 100k I fit borrow 200k

10k thrift done amidst staff where we pick numbers to pack in 50k's (5months)


10k deductions for my 2kids tuition fees to be deducted 4times per term...they pay #21,500 each I only add money when we buy new uniforms or books and parties like Carol, career day etc



The positive part.


I was able to do a business in Feb-March this year from my savings... though it wasn't much but I gained close to 200k which enable me to pay my rent of 70k, buy a big generator of 95k(I bought this to as an asset,I can't keep it in my account I'd spend it without any good account for it basically on foodstuff)...pay my kids tuition fees of 61k and settled many debts I was owing.



The negative part
I discovered that since that last year's June I no longer receive salary.

Salary is just audio to me...when other teaching staff are buying new things monthly...I just remain the same no new wears... can't make good hair just #200 weaving and sometimes I borrow to buy foodstuff which I do pay with my extra lesson fees.



Since that last year...once the salary is paid my boss would always call me to pay her my minus i.e the excess after all the deductions, so I always have something to pay her at the end of the month ranging 2-5k monthly.


My question is

Am I doing the right thing?
Or am I taking the advice in the wrong way?

What can I do to enable me balance myself? The savings are helping but I no longer receive salary.


Please advise me on what to do.



Cc
Mindlog
Pocochantas
Cococandy
Jabolo

I for drop my own advice but since u mentioned a particular name their, no need for my own advice, one of d names wey u mention na nuisance she sabi cause

What goes out of your salary every month is too much, how are you able to feed or run d home?

Newborn27:
Good day family landers.

Buy and read the book 'The Richest Man In Babylon'.

It's a small book. Read page by page, digest and practice it. I am sure it will help you.

More importantly, the answer to your question would have dawned on you by the time you finish reading it.

YourHighTension:


Buy and read the book 'The Richest Man In Babylon'.

It's a small book. Read page by page, digest and practice it. I am sure it will help you.

More importantly, the answer to your question would have dawned on you by the time you finish reading it.

You are absolutely right.
Op can download a free copy online.

In addition Op, i think u are trying 35k is peanuts as it can't make u live out of poverty, however, the business you are into can given more attention so that it can increase your earning potential and help you diversify into other businesses.

Kindly of necessity read and meditate on the content in the pages of that book The Richest Man In Babylon by George S. Clason

VeryWickedMan:
OP I can help you but you will allow me to suck your breasts

Common sense is a very beautiful flower that doesn't grow in everyone's garden.


If she were to be your sis,wud you have spewed this rubbish?

Abeg make una wey una mama still dey feed try get sense small na.

anthonyuncle:
reduce the amount you are saving with the school welfare.

you shouldn't be saving so much because you hope to have access to loans

The savings is actually broken into 2

10k for rent and Xmas
2k for December foodstuff to be bought by the school so that amount is the least I can go

VeryWickedMan:
OP I can help you but you will allow me to suck your breasts

Na poison you dey write letter so.

I'm not interested.

emmanuelbrown26:

I for drop my own advice but since u mentioned a particular name their, no need for my own advice, one of d names wey u mention na nuisance she sabi cause

Lol

I'm sorry on her behalf....I mentioned them cos they knew my story from scratch....I can't mention the whole nairalanders names kindly drop your piece of advice..it might go a long way in helping me.

Thanks

tayo60:
What goes out of your salary every month is too much, how are you able to feed or run d home?

I engaged in extra lesson that fetch me up to my basic salary monthly....only that it won't come once....3k per child....one may pay today and another next week....e no dey balance.

YourHighTension:


Buy and read the book 'The Richest Man In Babylon'.

It's a small book. Read page by page, digest and practice it. I am sure it will help you.

More importantly, the answer to your question would have dawned on you by the time you finish reading it.

I already read the book including Rich Dad poor dad...we have the copies and more on finance at home.


Thanks for the advice

infogenius:


You are absolutely right.
Op can download a free copy online.

In addition Op, i think u are trying 35k is peanuts as it can't make u live out of poverty, however, the business you are into can given more attention so that can increase your earning potential and help you diversify into other businesses.

Kindly of necessity read and meditate on the content in the pages of that book The Richest Man In Babylon by George S. Clason

Thanks for your contribution.

The business I did wasn't a long term one....I did it within a month period.

It was selling of career day's costumes in which I traveled from Ore to Lagos- Idumota within 4weekends.

As soon as the program ended the business also ended.


My teaching routine never give room for other activities not to talk of business..even during holidays we'd be on seminar.


Some persons advices me on content writing when I was at the verge of losing my job then but I don't know what it entails and how to balance it with my 7am- 6pm routine.

ahnie:

Common sense is a very beautiful flower that doesn't grow in everyone's garden.


It she were to be your sis,wud you have spewed this rubbish?

Abeg make una wey una mama still dey feed try get sense small na.

I'm taken.
Try another guy.

ahnie:

Common sense is a very beautiful flower that doesn't grow in everyone's garden.


It she were to be your sis,wud you have spewed this rubbish?

Abeg make una wey una mama still dey feed try get sense small na.

Lol

No mind the troll ma'am

E just dey dere dey spew trash for in gutter-mouth.

How's the family and business doing?

VeryWickedMan:


I'm taken.
Try another guy.

This comment really cracked me up

Like seriously??
Na now I know say most of una nor well for this nairaland.

Once gain, thanks for the laugher

ahnie:

This comment really cracked me up

Like seriously??
Na now I know say most of una nor well for this nairaland.

Once gain, thanks for the laugher

Shut up.

@datboredberri come see she's trying to snatch me.

Newborn27:


Lol

No mind the troll ma'am

E just dey dere dey spew trash for in gutter-mouth.

How's the family and business doing?

yen yen yen yen
See dis sokoloan woman wey I wan even help before. OYO now

[quote author=VeryWickedMan post=115132446


yen yen yen yen
See dis sokoloan woman wey I wan even help before. OYO now[/quote]

Lol

For your mind.


What is sokoloan?

Kindly swerve if you have no good advice to give...I'm candid about my post allow reasonable NLanders to give advice...not everything is joke.

shalom

Newborn27:


Lol

I'm sorry on her behalf....I mentioned them cos they knew my story from scratch....I can't mention the whole nairalanders names kindly drop your piece of advice..it might go a long way in helping me.

Thanks

Take one or two of these advice from Steven.
He said it all.
If I were you, I'd explore option 3 & 4.

Stevenbright:


It can be in any of these ways:

1. If you have a skill like platting of hair, etc. Monetize it by doing it for people and get paid.

2. Buy some products that can easily be sold out from the market and sell for profit to other people that need it.

3. Produce consumables like liquid soap, snacks e.g groundnut if you can and sell for profit.
4. If you are a private school teacher, add home lesson to the mix for additional earnings.

Newborn27:


Some persons advices me on content writing when I was at the verge of losing my job then but I don't know what it entails and how to balance it with my 7am- 6pm routine.

You see that bolded part, just follow up with it if you love it.

Never mind the children that have flooded nairaland speaking senseless things

Danke

VeryWickedMan:



yen yen yen yen
See dis sokoloan woman wey I wan even help before. OYO now

Foolish boy

Newborn27:
Good day family landers.
I'm here again with my epistle but I'm confused as the session is wrapping up I need advice towards the upcoming session.


Last year I posted my story here on how I shoulder responsibility with my 35k teaching job yet facing abuse from my spouse.

I was advised bymatured NLanders to start saving from my little salary to inculcate the saving habit and for future purposes....so far, since June last year I've been doing that and the results are both positive and negative.

Breakdown of the 35k monthly
2k compulsory savings (welfare1)deducted by the school to be given when you're resigning.

1500 tax ...I no sabi how dem calculate am

12k savings into school welfare2 where I can have access to loan of the double amount of my savings ..eg, if I save 100k I fit borrow 200k

10k thrift done amidst staff where we pick numbers to pack in 50k's (5months)


10k deductions for my 2kids tuition fees to be deducted 4times per term...they pay #21,500 each I only add money when we buy new uniforms or books and parties like Carol, career day etc



The positive part.


I was able to do a business in Feb-March this year from my savings... though it wasn't much but I gained close to 200k which enable me to pay my rent of 70k, buy a big generator of 95k(I bought this to as an asset,I can't keep it in my account I'd spend it without any good account for it basically on foodstuff)...pay my kids tuition fees of 61k and settled many debts I was owing.



The negative part
I discovered that since that last year's June I no longer receive salary.

Salary is just audio to me...when other teaching staff are buying new things monthly...I just remain the same no new wears... can't make good hair just #200 weaving and sometimes I borrow to buy foodstuff which I do pay with my extra lesson fees.



Since that last year...once the salary is paid my boss would always call me to pay her my minus i.e the excess after all the deductions, so I always have something to pay her at the end of the month ranging 2-5k monthly.


My question is

Am I doing the right thing?
Or am I taking the advice in the wrong way?

What can I do to enable me balance myself? The savings are helping but I no longer receive salary.


Please advise me on what to do.

Weldone so far

You are doing very well, but you have to reduce your savings so that you won't be pennyless all the time

What about your spouse has he charged for good

VeryWickedMan:
OP I can help you but you will allow me to suck your breasts

Leave families matter alone. Go joke somewhere

Newborn27:



Thanks for your contribution.

The business I did wasn't a long term one....I did it within a month period.

It was selling of career day's costumes in which I traveled from Ore to Lagos- Idumota within 4weekends.

As soon as the program ended the business also ended.


My teaching routine never give room for other activities not to talk of business..even during holidays we'd be on seminar.


Some persons advices me on content writing when I was at the verge of losing my job then but I don't know what it entails and how to balance it with my 7am- 6pm routine.

Its all right. Your mind is very active as i can see however, u just need a unique twist to get going again.
I can see in your signature, that you are a conqueror which I like.
And u know that a life of victory, triumph and conquest can only be achieved with help and leading of the Holy Spirit.

In the light of that, Kindly sit with the Holy Spirit to inspire you,
open your eyes an lead you on the victory, triumphant path of a business that you can
do with lots of profits to show even with your tight schedule. Is 48:12

I will like to talk privately with you if you don't mind.
U can reach me on whatsapp through the digits on my signature

Mariangeles:


Take one or two of these advice from Steven.
He said it all.
If I were you, I'd explore option 3 & 4.

I'm already living on the option 4 although it doesn't come at once but it surely meet needs.

Thanks for your response.

Guderian:


You see that bolded part, just follow up with it if you love it.

Never mind the children that have flooded nairaland speaking senseless things

Danke

I wish I could see a tutor especially this holiday but I hope I won't be told to get a laptop and career fee .....any reference from your end?

frozen70:


Weldone so far

You are doing very well, but you have to reduce your savings so that you won't be pennyless all the time

What about your spouse has he charged for good

Thanks for your response..... I'd keep your advice in mind.