₦airaland Forum

tosyne2much:
I think it all boils down to financial management

There are men earning less than 100k monthly with 2 or 3 children in this same wretched economy yet they're surviving

All that matters in life is living within your means else you can be earning N1m and still be living a miserable life

Teacher70:
Whenever I remember that I only earn 35k monthly as a private sch teacher and the first Born of my family without parents, I feel like I'm a waste. Each time I want to pay my landlord his rent and I take out over 100k to pay, I instantly notice I am enslaving myself.
Nobody will perfectly understand how I feel.

Stayingalive:
omo start a side hustle or a trade. Teaching is only honorable as a profession that it educate our children but then this part of the world. Don’t think they deserve a better life

harjay1986:
That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

essentialone1:
Financial management is key to living a comfortable life, regardless of the income. It's about prioritizing needs over wants, creating a budget, and sticking to it.

Those men earning less than ₦100,000 monthly with multiple children are indeed surviving, and that's a testament to their resourcefulness and financial management skills. They're likely making sacrifices and finding ways to stretch their limited income.

As you said, earning a high income doesn't guarantee a comfortable life. If someone is not managing their finances wisely, they can still struggle to make ends meet, regardless of their income. It's all about living within one's means and being mindful of spending habits.

Your statement "else you can be earning ₦1m and still be living a miserable life" is particularly insightful. It highlights the importance of financial literacy and responsible spending habits in achieving financial stability and happiness.

Jega2000:
I spend 5k-6k daily on food..

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

harjay1986:
That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

proeast:
Delusional thread. Comments are so disconnected from the reality in Nigeria that you begin to wonder if these ones are living in an alternate universe.

In saner climes, if you're earning above minimum wage, you're considered relatively comfortable. Here in Nigeria, how much is the old minimum wage? How much is the new one Tinubu has refused to pay? Are they anywhere close to the amount the op quoted?

This is a country where less than 3% earns above 200k per month. Many bread winners even still earn below 100k and many others don't even earn anything at all.

Continue deceiving yourselves.

Nazgul:
Draw out a budget and spend according to your budget.

And if you must date, go for someone with a reasonable income. Don't waste your time dating a liability.

There are people who earn between 150k-200k monthly, and they're still surviving..... the girl wey I dey date sef come from a comfortable home, she dey even give me money sometime self..

You'll be fine.

jaxxy:
Only if managed well, low expenditures and argumented by other sources of income.

Don't think u can ball on that unlike b4. u cant even save for a decent car on that anymore since the devaluation of the naira. u can get a good apartment in certain locations. It's still a fair income compared to many.

Nazgul:
Draw out a budget and spend according to your budget.

And if you must date, go for someone with a reasonable income. Don't waste your time dating a liability.

There are people who earn between 150k-200k monthly, and they're still surviving.

You'll be fine.

Kobojunkie:
In Nigeria today, it puts you well within the poverty bracket particularly if you have dependents apart from yourself.

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

advanceDNA:
Just cut ur expense....500k is not money naija just that our leaders is heartless leaders making some expense too high

No generator every night ...u won't die

If u have kids....DStv subscriptions should be during holidays....they wont die.....

If u have a car that u use daily to work that gulps like 10litres per day ....that's roughly 10-11k per day and 220k per month minus Saturday and Sunday outing and servicing cost....Use public transport ..u won't die...

Buy satchet water instead of bottle...or check if ur tap water is drinkable...a friend told me he started taking his tap water when he calculated and found his cost on water was 80k month...

Jega2000:
➜ I be lastborn and I never marry ooo

Jega2000:
... I dey spend 45k-60k to fuel my car weekly... feeding 5-6k daily,

Teacher70:
Hmmmm. Thanks for these words. I'm Encouraged 🙏

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

richmond500:
500k is not a small money buy present Nigeria standard.
Some people deh earn only 100k

harjay1986:
That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

wazobeer:
Expenditure will always rise to meet income no matter what you earn, so you might have to cut down on your expenses, matter how necessary you think some of them are. Your earning is someone else's dream salary.

Also, comfort is a very dangerous word ooo.

Jega2000:
I make roughly 500k-700k on average monthly but I am not really comfortable...

marlow1962:
If you're a single guy earning such amount monthly and still complaining, then you need deliverance cus your financial life is poor.

Well cut down your expenses since you're complaining. If you dy carry olosho 50k, reduce am to 5k.

advanceDNA:
Just cut ur expense....500k is not money naija just that our leaders is heartless leaders making some expense too high

No generator every night ...u won't die

If u have kids....DStv subscriptions should be during holidays....they wont die.....

If u have a car that u use daily to work that gulps like 10litres per day ....that's roughly 10-11k per day and 220k per month minus Saturday and Sunday outing and servicing cost....Use public transport ..u won't die...

Buy satchet water instead of bottle...or check if ur tap water is drinkable...a friend told me he started taking his tap water when he calculated and found his cost on water was 80k month...

harjay1986:
That means you buy food every time, if possible find way to cook your own meal, it will reduce to some extent, I earn 300k with three kids and my wife, after every every I still save like 100k every month

Godwin4444:
U should even have enough savings to get a better life cos there are many earning less n doing reasonable things

B reasonable with your spending n u are good to go

Harddiskng:
Are you minding the people that are deluding themselves on the trend that it is small, set online billionaires

As a single person, the OP is earning enough to be living his best life. Only him knows what it eating up with funds with him.