₦airaland Forum

Talismann:
you no go like go rent kala dey use am for side hustle.
Bastarrrd

femi4:
It doesn't make sense , you are spending heavily on accommodation

Omalicious1:
Please cut down on your expenses...kill that urge of wanting to solve all the problems once money enters your account (I've been there before). Most importantly, have a budget and stick to it.

Hero2t:
Please I would really like to learn how you are able to do that if you don't mind

Basicend:
You are not poor with about 600k monthly.

You are just sneaking into the almost eroded middle-income category.

10 years ago (@2014), an entry-level executive in most banks / telecoms, FMCGs and multinationals earn around 180k as monthly salary. And they could do a lot of good things.

Currently, I think they are mostly earning around 400k to 500k. Trust them to have factored inflationary increments.

If you do not have children yet, and not from a family where you have many people to take care of financially, and you don't carry expensive ladies around, and ur taste is not too high for luxuries, I think you should be just okay financially.

Angelfrost:
Many of you just enjoy lying or showing off on this forum... And I can bet Op is either.

As at today, only few people can truly boast of such an income in this country.

Most families have combined incomes of less than 500k monthly, yet you don't see them asking such online or offline. They are well adjusted and even thriving.... ok

Angelfrost:
Many of you just enjoy lying or showing off on this forum... And I can bet Op is either.

As at today, only few people can truly boast of such an income in this country.

Most families have combined incomes of less than 500k monthly, yet you don't see them asking such online or offline. They are well adjusted and even thriving.

Jega2000:
... I get more than two streams of income

iInjureHerYansh:
That’s less than $400 in a month
But you’re doing better than 90% of Nigerians no cap.

BrotherJapa:
You are a smart man. Save like crazy and invest like crazy.

adabaraabdul:
Is 650K a decent income?
The answer is what you set for yourself and the lifestyle you have and aspire it to be. For me N650k is really poor given the high inflation rate right now in Nigeria. Nobody should give the man the crap of people are earning way less and managing well, every man has a standard of living he wants and he or she should desire for better. So for me I will tell the man to work harder and smart to get more income to maintain your lifestyle or most importantly improve on it. 650k is really poor!

UkNews:
Food - 150k/month (@5k/day)
Transport - ?? 45k-60k weekly for fuel (Toyota spider)
Rent - ?? 270k+450k
Water -- ?? Not much
Electricity&gas -- ?? Maybe 15k-20k, fuel for gen 60k
Miscellaneous -- ?? I no fit calculate am

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

SmartyPants:
To some people it is a fortune. To some it is a pittance. What does it matter??

Are you asking to know if you should hustle more? Of course, you should.

Are you asking to know if you should be content? Of course, you should.

Are you asking to know if you have arrived? Of course, you haven't.

femi4:
It doesn't make sense , you are spending heavily on accommodation

Teacher70:
Exactly

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. 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.

In saner climes, if you're earning above minimum wage, you're considered relatively comfortable.

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

iInjureHerYansh:
That’s less than $400 in a month
But you’re doing better than 90% of Nigerians no cap.

Gerrard59:
Why do you people like doing this?! It is annoying!

Are Nigerians spending dollars in Nigeria? He is doing FAR better than anyone earning that amount in the US.

Please read up on Purchasing Power Parity in Economics.

fineboynl:
To be frank each time i go out nothing less than 40k will likely go and that’s if i didn’t spend. Things are so expensive right now.

Fuel 15k-20k other’s expenses one cannot explain. And day you will spend it will get to 60-100k that depends. Even the babe you carry won’t believe you spend that much but na you know how much left you.

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

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

advanceDNA:
60k na 240k per month ooo minus small fixes

If u are not earning significantly over 500k and u won't have good savings after u sort feeding, bills, unless u are single or have a good supporting striker