₦airaland Forum

Justkatty:
God has blessed you with a virtuous woman
All I see here is understanding and better management.
May God continue to uplift you and I pray may she deliver safely.

When she has put to bed, you can consider saving up for few months to setup a business for her, so the workload won't be much on you.
More grace to your family.

He should save up for wetin na, u want to kill the man. After she has regain fully, she should work.
I wouldn’t advice any lady to wait for her husband because anything can happen.

Mcslize:
Bro that's not true. You can make a living from Forex trading. Just get the knowledge from the right source. Most people issue is that they don't have access to the right information at the right time. From your tone, I believe you had gone into Forex before. But you got it all wrong. The issue is that you didn't get the proper knowledge of how Forex works before embarking on trading live.

I will still stand by my words. Forex is one of the best skills in the world. Lack of proper knowledge was what causes most people to fail in Forex. You don't need indicators to be profitable. Just having a proper price action skill and knowledge of how the market works, you will be made for life.

Have you heard of top down analysis? That's all you need to succeed. Forget indicators, fundamental news and the rest. You don't need all that. If you are still learning, I will advise you never to give up. You will surely reap the benefits at the end. It's something you can be learning at your spare time. Master the craft first before concluding Forex is bad.

And don't discourage others about Forex. It still remains one of the best skills ever that will allow you live the best of your life if only you put in the work.

Let me not say much!

If you want to waste your money and give village people your glory,invest I. Forex.No be only touch down ,na touch up.Werey people .

zed7:
This is what we call trying to survive. Hopefully ,things will improve for you guys.
However, my own issue is that you have to bring in kids when you are already struggling as it is.

Again, how do families survive on 5k a week? Is it not the same market we all go to? Nigerians are really rugged.

U think is every Nigerian that lives in this our Lagos? Lmao

Go to Jos and see cheap food stuff.

With 500 a pot of stew/soup is sure...locations where varieties abound,u tend to spend less.


@op,if wifey can’t do white collar job because of pregnancy wahala. Pls open a small business for her. Let her run a business...if rent is an issue she can start from home or she learns a skill...does she have passion for baking/food business or anything? She can start attending a class from a pro. Think about this pls. Wahala no dey finish

Minjim:
I earn 85k and I live in a 350k apartment.

My wife is not working and doesn't know how to manage like yours. I can't even give her money to buy stuff. The last time I did, what she thought for 10k, if I enter market, I can but it for 8k .This always causes quarrel between us.
If she craves to eat something, she must eat it. According to her - she's pregnant.

How do I survive? Thank God my father lives with me. He's the head of his family and many family members send him money. Since I'm in charge of his account, I'm also in charge of the money they send to him.
Now that she is 7 months pregnant, my family member have started bringing baby things. In fact, the ways things are looking I may not have to buy any baby clothes at all.
I must say, my family members keep me going. I don't know how I can ever survive on that 85k with a wife that doesn't. Want to understand the current situation

How often does your wife insult you? Don't be ashamed, tell us. It's an anonymous forum

AstraDroid:
The poor should not reproduce much as it will affect their quality of lives. The poor should consider celibacy, while the wealthy should have more kids, cos they can take care of them.

What we have now is the poor having plenty kids and the wealthy having less. There is a strong likelihood that a family will become poorer by having more kids since it takes average of $300K to raise a kid based on global assessment. Therefore, the poor can not afford to have many kids but I recommend not having at all, until one is capable of raising one.

Except you own farmlands and actually grow food crops to feed the family.

This is a white man mentality. Kids in Nigeria are a blessing and the sole reason for getting married. If there are no kids, then there is no marriage.

Minjim:
I earn 85k and I live in a 350k apartment.

My wife is not working and doesn't know how to manage like yours. I can't even give her money to buy stuff. The last time I did, what she thought for 10k, if I enter market, I can but it for 8k .This always causes quarrel between us.
If she craves to eat something, she must eat it. According to her - she's pregnant.

How do I survive? Thank God my father lives with me. He's the head of his family and many family members send him money. Since I'm in charge of his account, I'm also in charge of the money they send to him.
Now that she is 7 months pregnant, my family member have started bringing baby things. In fact, the ways things are looking I may not have to buy any baby clothes at all.
I must say, my family members keep me going. I don't know how I can ever survive on that 85k with a wife that doesn't. Want to understand the current situation

How long will you continue to pay annual rent with your 4-month salary as a married man with responsibilities?

Thank God you have a support system but shouldn't you be making more concrete and realistic plans for yourself?

Be smart and stop blaming your wife. You and your partner need to share a common vision. That's something you need to work on. She's not a tree. Talk to her, she would listen.

Minjim:
I knew some kid will definitely talk trash.
I remember I said my father, not yours?

I hope I'm correct.
This is not a singles thread. You can't understand family issues if you've never started any

See the way you’re overheating. That’s the right word used to describe what you’re doing to your old man. But know that,It’s not your fault and it can never be your fault. I am sure you’re a graduate,if the country was good,Daddy’s money won’t entice u,not at all.

Long life to ur Daddy

pansophist:
This is a white man mentality. Kids in Nigeria are a blessing and the sole reason for getting married. If there are no kids, then there is no marriage.

I beseech u to open your eyes and read thoroughly what he posted. While keeping ur Nigeria mentality aside, Go and read that post again

Food prices are the most expensive thing in Nigeria. I shuttle in and out of Nigeria frequently and I can tell you for a fact that the more developed a country is, the cheaper food becomes.

If I take 20 euros to the open market here, I'll feed for straight one week. I'll buy at least 3kg of chicken, oil, rice, tomatoes, fruits, bread, drinks, pepper, potatoes, vegetables, and even small chop at the market.

And its because all these food are grown mostly in the country. Meanwhile Nigeria imports frozen chicken, rice, oil, and lots of foods. This is why things are expensive. And our farmers mostly don't use farm machines, yielding less crops, and no national logistics to move perishable foods quickly to consumers.

And the end, the consumer suffers it all. All the bottleneck prices will be heaped on the end buyer. This is why foods are expensive. I respect you my man. I don't think I can survive on that. I'll just remain single before one daughter of man go change am for me.

pansophist:
How often does your wife insult you? Don't be ashamed, tell us. It's an anonymous forum

Honestly I dislike lazy women. @minjim The day your wife insults u,use ur charging cord to tie those her lazy mouth. Na her mate dey ring bell for bend down select dem;for Balogun market...Na her mates dey go waterside for Oron to go buy fresh fish to sell in d market. Na her mates dey push wheel barrow with coolers of cooked food for sale.

Landmack:
Honestly I dislike lazy women. @minjim The day your wife insults u,use ur charging cord to tie those her lazy mouth. Na her mate dey ring bell for bend down select dem;for Balogun market...Na her mates dey go waterside for apron to go buy fresh fish to sell in d market. Na her mates dey push wheel barrow with coolers of cooked food for sale.

Youre right, but that's not a good way to look at it. Ungrateful Women will always live amongst us, but why marry such in the first place? Such women should be left for the rich men that deserves them. I hope she finds such a man. At the end, age humbles us all.

xxmoney15:
Guy u need to start learning skills or getting a better job.

My salary is 76k as a teacher but my living with 2 kids n my wife isn't working yet is a miracle. Just that as a physics teacher I do get private lessons, waec registration business.

Currently I'm learning forex seriously because I want to be in charge of my future. Rent is pH is not cheap, 300k for that matter.

But na God de run am for us

Brotherly don't give up on the forex stuff, I'm also interested, please can I meet you on WhatsApp?

Landmack:
I beseech u to open your eyes and read thoroughly what he posted. While keeping ur Nigeria mentality aside, Go and read that post again

I did. My point stands. People marry in Nigeria mostly for kids. So his suggestion will not be adopted by the poor masses. UN projection is that by 2100, Nigeria will be more populated than China.

Nigeria population has also tripled from the 70's, and growing exponentially. We have one of the highest birth rate in the world, which testify to what i said earlier. I repeat, people marry for kids in naija. Companionship is a topping.

Tobaadis:
Hi guys!

Let me share my experience

I got married 8months ago with a monthly income of 110k in a private establishment in XYZ.

My wife works in an FG establishment in KD with a monthly income of 110k but on a compulsory contribution of 30k at her workplace. So she's left with about 63k after every deduction.

However, I managed two accommodations.
XYZ is 140k for a Year
While KD is 200k a year too



Compulsory Cooperative deduction of 10k monthly
A monthly contribution of 50k for 6 months (300k)
Sends 10k to my wife for GOTv sub
and PHCN(Buy power)
I fill gas (12.5kg) once in 3months since she stays alone

So I manage 40k for TP and feeding for the months. Though I got raw foodstuffs from KD.

I just buy a few things to balance the meal. Before I forget cooking is my hubby.

Immediately after we got married we stock the house with foodstuffs worth 100k, aside other foodstuffs received from my family members to push us.

I paid my KD house rent this month from the cooperative. So am left with 100k to use to pay XYZ house which I will still add 40k to balance up.

In all these, my wife agreed to every one of our decisions and said she will be buying a few things to make the food since I come once a month and go back to XYZ.

May God bless every supportive wife.

I’m very sure the FG establishment is the sole reason why u allowed her to stay at KD if not U for don drag her down to your base.
You’re not an igbo man,are you?

Na only my igbo brother go tell him wife to resign from her well paid job and come join him; even if he is soaking Garri morning and night at his base and can hardly feed himself,I lie?

pansophist:
Youre right, but that's not a good way to look at it. Ungrateful Women will always live amongst us, but why marry such in the first place? Such women should be left for the rich men that deserves them. I hope she finds such a man. At the end, age humbles us all.

Same thing I told him. When he was supposed to be taking courtship very serious,they’ll be busy fornicating 6-6 . So how then do they study their partners ? How then do they know who to dump at the right time before together forever?

pansophist:
This is a white man mentality. Kids in Nigeria are a blessing and the sole reason for getting married. If there are no kids, then there is no marriage.

It is not really a white man's mentality. it is a wise man's mentality irrespective of race and complexion.

123readygo:
Hmmmmmm

At a point in your write up I started shedding tears! People are suffering in this country. To even imagine that there people earning less beats my understanding. Bro, its well.

So many years ago I was earning 15k, (equivalent of 100k now) and life was hell for me. I hate anything called management and I prayed to God that I do not want to live this kind of life and boom, within 5years he answered my prayer.... You too can overcome this stage and become comfortable in life. Just work hard and prayer harder

Mehn, my heart melt reading op post. And what's worse? There are folks than earns way lower with kids. Just pause and imagine their pain. I can't imagine going through life with only survival on my mind and not to thrive, to live, and pursue something meaningful.

Also, a man feels alive when he can comfortably cater for his family. The fast way to depress a man is to make him incapable of taking care of his family. And majority of men in naija live through this.

Landmack:
Same thing I told him. When he was supposed to be taking courtship very serious,they’ll be busy fornicating 6-6 . So how then do they study their partners ? How then do they know who to dump at the right time before together forever?

Last last, many people are the architect of their own problems

Normally if I see people suffering stupidly, before I pity the person, I always ask, "what did he do"?, is it his fault? You can't put your hand in a crocodiles mouth and shocked when it cut it off.

Courting for many people is to nack and nack, then marry, then suffer. Then yab each other until their either endure or divorce. Men suppose de look well well, because men carries the burden of marriage mostly. Verify the woman or you pay for it.

pansophist:
I did. My point stands. People marry in Nigeria mostly for kids. So his suggestion will not be adopted by the poor masses. UN projection is that by 2100, Nigeria will be more populated than China.

Nigeria population has also tripled from the 70's, and growing exponentially. We have one of the highest birth rate in the world, which testify to what i said earlier. I repeat, people marry for kids in naija. Companionship is a topping.

Nigeria population will continue to quadruple because poor pple are still giving birth like rats.

The govt keeps looking away from this impending danger...in fact, the danger already lives with us.
Who gave birth to the bandits and other vices?

beekyynd:
Don't say that because you tried an failed. Forex has given me a lot and I'm a full time Forex trader. I do programming but it's more like a thing I enjoy. From my house rent to properties in the house to expensive gadgets, Forex gave me all. I have friends who are full time traders. Because it didn't work for you that doesn't mean you should discourage another person. That's a very bad habit.

Please teach me, I have been learning since last year, I have blowed my account several times but I will never give up on forex trading.

Please teach me your techniques.
Can I meet you on WhatsApp?

Kudos to those old parents whose children are surviving on their wealth/inheritance. Those were d parents whom were hustling and saving up cash either to buy landed properties or to establish a big business and now posterity dey enjoy their hardwork and wisdom. Some parents had those privilege but chose to squander them on ashawos/frivolities of the 60s,70’s etc and now don’t even have a pin to their name. It’s well o

Landmack:
Nigeria population will continue to quadruple because poor pple are still giving birth like rats.

The govt keeps looking away from this impending danger...in fact, the danger already lives with us.
Who gave birth to the bandits and other vices?

Naija government does not serve the mass. Infact Nigerians defacto are stateless. You are on paper, a citizen of Nigeria but in practice, you have no citizenship.

When your relationship with the state is one of pain, wickedness, anger and indifference, its safe to say that such person has no citizenship in practice.

God will Bless your wife and she will put to bed successfully a beautiful and healthy baby By God grace

tomtomastom4:
I created this thread in response to the post on front page about ladies that date men who earn less than 100k. Below is the link.

https://www.nairaland.com/7292274/ladies-relationship-men-earns-100k

Of a truth, its not easy to manage such amount, but when one is already in such situation, you just have to manage and improvise.
Now like the OP of the above thread requested, here is the break down of how we make our expenses.

To start with, I was earning about 130k previously before we got married by March this year, but I changed job and the pay of the new job is 95k. STarted the new job around Feb this year, even though there was a loan I was paying off.. Need I add that my wife was working in a firm where shes paid 45K, but two months after our married, she quit the job due to pregnancy stress. Am sure ladies will understand.

This is our break down.
Monthly salary 95k
I remove 40k first from the salary and transfer it to 3 different acct.
The first acct receives 20k. This acct is not touchable except on extreme emergency. Its our main savings acct.
The second acct gets 10k and its for our rent, also non touchable. Rent is 150k per year. Before u say my rent is high compared to my salary, I like my privacy very well. and the cost of rent isnt friendly in my state.
The third acct also gets 10k. This one is for semi savings. This acct is touchable when cash at hand have been exhausted before the next month salary.

From the remaining 50k,
I send 10k to my family acct. I and my brothers do contribute 10k+ every month and its been used to run expenses WRT our parents and last born.
I gv my wife 10k for her monthly up keep. Its small. But its the sacrifice we all have to make for the good of the family.
I hold 10k myself for logistics and transport. I must confess, is not enough. But One have to strive. My wrk place isnt far. SO transport is N100 to and fro, thats approximately 3k per month. The remaining money i use it for other logistics. 4k out of this money goes for gas wch last for abt 2 weeks. And when we want to refill and there is no other money left, we fall back to the 3rd acct.
The remaining 20k is strictly for food ( On this food issue is where I "duff my hart" cos shes really managing things well and trying.
Sometimes, I really feel for her, cos this her pregnancy makes her to crave for things that is not on our food menu, but then when the money is not there, she just surpress the cravings. At times I feel bad.

The remaining 5k, for now is used to pay back a tailor who sewed multiple pregnancy gowns for my wife.

Its good to add that any small money I make like 1k or 2k on side hustle, I directly buy mudu of rice, beans or flour for swallow.

Its not easy at all. But there are families with kids leaving below that.

My wife is abt 5mnths pregnant, we plan to divert the 20k savings to buying baby things in preparation for child birth.


The truth is that the economic situation in this country is bad and so cost of leaving is very high. But then one have to survive.
But then in Nigeria now, how many percentage of the population earn above 100k. In fact how many jobs out there pays such as amount.

The only advice I have for ladies is that if you are not working and you parent family is the type need financial help from your husband after marriage, or you are the type of lady that is high class and wont settle for less or manage with your man. Plz kindly wait and take your time to look for a man that is RICH or financially capable of taken care of you and maybe your family. Please dont hide under the cover of you want to marry quick and then accept a struggling man only to start putting pressure on his head. Plz wait and marry a rich man.

Most responsible men wont really appreciate it if you are always demanding for things you knw fully well that he can not afford.


It is also good to note that no condition is permanent, things will definitely get better. A better job might come or my wife might get a job after her maternity which will increase our income.

The bottom line is, as a couple, but of you will have to work things out to improve your finances.

tomtomastom4:
I created this thread in response to the post on front page about ladies that date men who earn less than 100k. Below is the link.

https://www.nairaland.com/7292274/ladies-relationship-men-earns-100k

Of a truth, its not easy to manage such amount, but when one is already in such situation, you just have to manage and improvise.
Now like the OP of the above thread requested, here is the break down of how we make our expenses.

To start with, I was earning about 130k previously before we got married by March this year, but I changed job and the pay of the new job is 95k. STarted the new job around Feb this year, even though there was a loan I was paying off.. Need I add that my wife was working in a firm where shes paid 45K, but two months after our married, she quit the job due to pregnancy stress. Am sure ladies will understand.

This is our break down.
Monthly salary 95k
I remove 40k first from the salary and transfer it to 3 different acct.
The first acct receives 20k. This acct is not touchable except on extreme emergency. Its our main savings acct.
The second acct gets 10k and its for our rent, also non touchable. Rent is 150k per year. Before u say my rent is high compared to my salary, I like my privacy very well. and the cost of rent isnt friendly in my state.
The third acct also gets 10k. This one is for semi savings. This acct is touchable when cash at hand have been exhausted before the next month salary.

From the remaining 50k,
I send 10k to my family acct. I and my brothers do contribute 10k+ every month and its been used to run expenses WRT our parents and last born.
I gv my wife 10k for her monthly up keep. Its small. But its the sacrifice we all have to make for the good of the family.
I hold 10k myself for logistics and transport. I must confess, is not enough. But One have to strive. My wrk place isnt far. SO transport is N100 to and fro, thats approximately 3k per month. The remaining money i use it for other logistics. 4k out of this money goes for gas wch last for abt 2 weeks. And when we want to refill and there is no other money left, we fall back to the 3rd acct.
The remaining 20k is strictly for food ( On this food issue is where I "duff my hart" cos shes really managing things well and trying.
Sometimes, I really feel for her, cos this her pregnancy makes her to crave for things that is not on our food menu, but then when the money is not there, she just surpress the cravings. At times I feel bad.

The remaining 5k, for now is used to pay back a tailor who sewed multiple pregnancy gowns for my wife.

Its good to add that any small money I make like 1k or 2k on side hustle, I directly buy mudu of rice, beans or flour for swallow.

Its not easy at all. But there are families with kids leaving below that.

My wife is abt 5mnths pregnant, we plan to divert the 20k savings to buying baby things in preparation for child birth.


The truth is that the economic situation in this country is bad and so cost of leaving is very high. But then one have to survive.
But then in Nigeria now, how many percentage of the population earn above 100k. In fact how many jobs out there pays such as amount.

The only advice I have for ladies is that if you are not working and you parent family is the type need financial help from your husband after marriage, or you are the type of lady that is high class and wont settle for less or manage with your man. Plz kindly wait and take your time to look for a man that is RICH or financially capable of taken care of you and maybe your family. Please dont hide under the cover of you want to marry quick and then accept a struggling man only to start putting pressure on his head. Plz wait and marry a rich man.

Most responsible men wont really appreciate it if you are always demanding for things you knw fully well that he can not afford.


It is also good to note that no condition is permanent, things will definitely get better. A better job might come or my wife might get a job after her maternity which will increase our income.

The bottom line is, as a couple, but of you will have to work things out to improve your finances.

i did not see any where you mentioned saving for delivery aka hospital bill
i budgeted 100k for delivery but finally paid 400k so think twice on the matter

tomtomastom4:
I created this thread in response to the post on front page about ladies that date men who earn less than 100k. Below is the link.

https://www.nairaland.com/7292274/ladies-relationship-men-earns-100k

Of a truth, its not easy to manage such amount, but when one is already in such situation, you just have to manage and improvise.
Now like the OP of the above thread requested, here is the break down of how we make our expenses.

To start with, I was earning about 130k previously before we got married by March this year, but I changed job and the pay of the new job is 95k. STarted the new job around Feb this year, even though there was a loan I was paying off.. Need I add that my wife was working in a firm where shes paid 45K, but two months after our married, she quit the job due to pregnancy stress. Am sure ladies will understand.

This is our break down.
Monthly salary 95k
I remove 40k first from the salary and transfer it to 3 different acct.
The first acct receives 20k. This acct is not touchable except on extreme emergency. Its our main savings acct.
The second acct gets 10k and its for our rent, also non touchable. Rent is 150k per year. Before u say my rent is high compared to my salary, I like my privacy very well. and the cost of rent isnt friendly in my state.
The third acct also gets 10k. This one is for semi savings. This acct is touchable when cash at hand have been exhausted before the next month salary.

From the remaining 50k,
I send 10k to my family acct. I and my brothers do contribute 10k+ every month and its been used to run expenses WRT our parents and last born.
I gv my wife 10k for her monthly up keep. Its small. But its the sacrifice we all have to make for the good of the family.
I hold 10k myself for logistics and transport. I must confess, is not enough. But One have to strive. My wrk place isnt far. SO transport is N100 to and fro, thats approximately 3k per month. The remaining money i use it for other logistics. 4k out of this money goes for gas wch last for abt 2 weeks. And when we want to refill and there is no other money left, we fall back to the 3rd acct.
The remaining 20k is strictly for food ( On this food issue is where I "duff my hart" cos shes really managing things well and trying.
Sometimes, I really feel for her, cos this her pregnancy makes her to crave for things that is not on our food menu, but then when the money is not there, she just surpress the cravings. At times I feel bad.

The remaining 5k, for now is used to pay back a tailor who sewed multiple pregnancy gowns for my wife.

Its good to add that any small money I make like 1k or 2k on side hustle, I directly buy mudu of rice, beans or flour for swallow.

Its not easy at all. But there are families with kids leaving below that.

My wife is abt 5mnths pregnant, we plan to divert the 20k savings to buying baby things in preparation for child birth.


The truth is that the economic situation in this country is bad and so cost of leaving is very high. But then one have to survive.
But then in Nigeria now, how many percentage of the population earn above 100k. In fact how many jobs out there pays such as amount.

The only advice I have for ladies is that if you are not working and you parent family is the type need financial help from your husband after marriage, or you are the type of lady that is high class and wont settle for less or manage with your man. Plz kindly wait and take your time to look for a man that is RICH or financially capable of taken care of you and maybe your family. Please dont hide under the cover of you want to marry quick and then accept a struggling man only to start putting pressure on his head. Plz wait and marry a rich man.

Most responsible men wont really appreciate it if you are always demanding for things you knw fully well that he can not afford.


It is also good to note that no condition is permanent, things will definitely get better. A better job might come or my wife might get a job after her maternity which will increase our income.

The bottom line is, as a couple, but of you will have to work things out to improve your finances.

I wish I had the opportunity to recruit you to work or me. You are a real man!

Rozross:
Thank you for this explicit and detailed explanation and may God bless you beyond your imaginations in no distant time . This is all I ever wanted to get in my post. You really trying as a man.

i followed your initial thread and know how much you asked for a breakdown like this and i wondered what you actually wanted it for. Now that this OP has taken time to elaborate on his expenditure, you still didn't satisfy my curiosity. Why exactly did you want this breakdown in the first place? A response from you could really help to disabuse the minds of several people who hitherto perceived you as a gold digger!

tomtomastom4:
E no easy brotherly. But am happy I have an understanding wife. She always tell me not to bow to pressure from anything or any one. If na one cloth I dey wear go wrk, as long as the cloth is neat, make I no send anybody.

I believe after birth, once shes up and doing, she will get a job to do to support our finance.

Is she having birth complications? If no, why is she at home doing nothing when she's just five months? That's how laziness starts.

Kudos to you op. May God bless you and your supportive wife however, right now, by balance diet, it’s practically impossible for two adults to feed on 20k per week here in southwest especially in Lagos .

Infact , a single man can’t boost of balance diet with 20k per week in this kind of economy most especially if he’s not cooking at home.. and pls have it at the back of your mind that you’re not living life, you’re just surviving and I pray you don’t have health issues cos you’re not eating good food and you can’t afford sound medical care..



Again , God will bless u . Pls endeavor to multiply your source of income and your wife should get something doing no matter how small .


No way I will suffer myself like this, I won’t survive it for long.

It's only a woman who's on a similar level who will marry a man like him, so he has no reason to feel guilty about his situation. They're in it together. They can get to a better place together.

Blessedmercy8:
The kids have not started coming and you're already living like this. Now imagine when you have to buy diapers, baby food, school fees and all that in this harsh economy.

Even me as a single, 20k no do me in a week for feeding how much more two people.

You're lucky you're residing in a state where you can still get a decent apartment for 150k. In Lagos you can't get such.

With 10k for upkeep I can imagine how your wife will be living an unsatisfied life. Though she won't complain just to answer a good wife. For how long?

My take on this break down is, if a man goes ahead and marries with such income, he'll subject his family to hardship.

I'm out!

livinbygrace:
If you want to waste your money and give village people your glory,invest I. Forex.No be only touch down ,na touch up.Werey people .

Before you type, you supposed know I am already in the game. See this one say I should go and invest. We don't invest, we analyze and place trades and the market works for us. We are technical analysts. That is if you even know what that means.

You will just open mouth WA cuz u want to type. Most of you lack proper information. You don't even know how something works. Get some exposures young man before you open mouth WA.

Na small boy wey u senior dey analyze charts and living his best life so. Most of you prefer 9-5 job than having a skill that will give you precious freedom. Yeye!


https://www.youtube.com/watch?v=RcS3Z1QwfY0&t=53s

Eagba:
bros na lie I cannot forget fundamental analysis. It's let me know when to flee or stay. it also influence bias to at least a minimal degree.

secondly no tell that guy anything more.

tell me a bit about top down analysis

To an extent but it depends on if you are day trader or a swing trader. With your technical analysis and price action knowledge, fundamental won't have any influence on your setups if you are a swing trader.

I learned from one of the best. As in, this guy is just too good. I follow exactly how he trades. He don't bother himself with fundamental and we are all doing very well.

Top down analysis is a process of analyzing a particular price chart from a higher timeframe to a lower timeframe to project thousands of pips into the future, using past historical price movements based on your major key levels (support & resistance key levels).

Your major key levels are the zones or areas where price respected or retested multiple times without breaking past it. Price movements are mostly reverted at major levels which directly gives you clue of where the market will move.

With that top down analysis knowledge and a proper risk and psychological management, you will hardly lose trades. Cuz you will always look out for the best setups in the market. You will 80% of the time be able to ascertain the direction of the market. It's not magic. It's something you learn and will be so good in it.

Like my mentor will always say, allow the market to come to you and knock on your door. Don't chase the market.

Top down Analysis Strategy criteria

1. Identify the direction of the trend on monthly time frame

2. Plot your major key levels on the weekly time frame

3. Look for trading opportunities on the daily time frame

4. Place your trades on the 4 hour time frame, close your laptop/phone and go about your daily life and let the market work for you.

I am grateful for getting to know about Forex and taking action I won't lie. Once you are good, you are good. Nothing can stop you.