Because I'm earning Well, Must I Give Everyone My Money? - Family - Nairaland
Nairaland Forum › Nairaland General › Family › Because I'm earning Well, Must I Give Everyone My Money? (10037 Views)
| Because I'm earning Well, Must I Give Everyone My Money? by Deeaka(op): 4:11pm On Oct 12 |
I have been thinking about something that I believe many salary earners can relate to. Sometimes, once people know that you have a good job, they automatically assume that you have money. You become the person they call when school fees need to be paid, when someone needs urgent assistance, when there is a family problem or when an unexpected bill comes up. And honestly, helping people you care about is not a bad thing. Most of us want to be able to support our parents, siblings and other loved ones. But there is something people don't always consider: earning a good salary does not mean that all your money is available to spend. You have your own bills, savings goals, responsibilities and plans for the future. Some of us are also trying to build a life that will make us less financially dependent on our salaries someday. The tricky part is that when you start saying no, people may think you have changed, become proud or forgotten where you came from. Meanwhile, you may simply be trying to make your own money last until your next payday. So I want to ask: 1. Do you think earning a good salary automatically makes someone responsible for helping extended family? 2. Have you ever had to choose between helping someone and meeting your own financial goals? 3. How do you set boundaries without damaging family relationships? I'd genuinely like to hear people's experiences, especially from those who support family members while trying to build their own financial future |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Deeaka(op): 4:19pm On Oct 12 |
https://www.youtube.com/watch?v=T2feNG4x9uw?si=lpB7RCc-nhIPPnEc I did a youtube video about this I have "over-reasoned" the matter |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Stephen0mozzy: 4:24pm On Oct 12 |
Till today, nobody from my family knows my salary. If they don't know your salary, they can't raise their expectations or feel entitled to asking more than you give. You need to stand well before you can help another person stand. This doesn't mean you should be stingy, it just means you should be calculative in disbursing your earnings - always, always work within a budget. Have a budget for what you give to parents, to siblings. Random gifting only comes if you get money from side hustles. Also the first time anyone shows entitlement to your money, block them - good parents will never do this though. Secondly, nor to dey show off. If you dey struggle, but dey show off with lifestyle wry pass your net worth, then you dey find trouble... To attract parasitic expectations. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Deeaka(op): 4:26pm On Oct 12 |
Stephen0mozzy:"You need to stand well before you can help another person stand." This lineeeeeeeee |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by itzadorable333: 4:42pm On Oct 12*. Modified: 3:34pm On Oct 14 |
Deeaka:Family is first and last. However a family that does not appreciate you when you don't have won't appreciate you when you have. And a family that appreciates you when you don't have, will also appreciate you when you have. Understanding and Loyalty are not bought with money. A family that respects, understands and is loyal to you does so whether you are poor or rich. What you owe your family is loyalty and duty. Loyalty is always within your power so it should not lack. Duty, on the other hand, is not always within your power because duty requires means to fulfill it. And the financial/economic means has a huge share in the ratio of means. And this is not always in your power. Now you, in fulfilling your duty, are the best person to know how huge or how small your means are for you alone are earning it. And You alone know the size of your obligation, in the family duty quota. You alone know, how many other plans you have for yourself and for your family ( if at all). In fact you alone are wearing the shoe. If your shoe size is 48 and what you have is 45, if you decide to manage the 45 and endure the pain because you are currently preparing to acquire 48 or 50 in the future. It's all good, all your toes and your heels have to do are to acclimatize to the condition, they don't have to understand your choice or decision. And if you decide to acquire the 48 now by any means maybe due to the volume of complaints (pain) coming from your feet region. It's still all good, so far you get the means and it all ends well in the end for you, the new shoe and your feet. Simply put, you hold the yam and the knife. You decide how it's cut, for the greater good (i.e both your personal good & the general good- in your case, family). |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Deeaka(op): 11:13am On Oct 14 |
This is very profound. Your examples are quite interesting and I honestly appreciate your take. Thank you I like itzadorable333: |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by itzadorable333: 3:31pm On Oct 14 |
Deeaka:You're welcome. A problem shared... |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Dexlomo: 1:36pm On Oct 15 |
You must not however, most of the times, we all say we shouldn't but we eventually still do so much for our families. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Gbadugbakun(m): 2:16pm On Oct 17 |
Shi shi I no de give anybody. Make all of them go rest. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Samuels90: 2:18pm On Oct 17 |
Factos! Do the best you can! |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Apogee14: 2:19pm On Oct 17 |
Yes because giving brings blessings |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by flexyrule(m): 2:21pm On Oct 17 |
Can't dictate how anyone should spend their money. I always prioritise helping others, as a matter of fact I can even borrow to help family and friends who are genuinely in need. One thing I have never experienced in life is being stranded; my phone book is filled with quality contacts. One dial, bank alerts! Well, I'm not the type that likes asking for help, so whenever there's a need, I keep things to myself, but if family/friends eventually find out, it's always a fundraiser... It's all love! Just do what works for you. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by 12345baba(m): 2:25pm On Oct 17 |
Oga go rest. Seun coach him he needs yeye counsel |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Jtownperspectve: 2:25pm On Oct 17 |
I am facing this problem, seriously, sometimes I am scared to pick certain phone calls. My inlaws believe I am the god answered prayers. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Gotocourt: 2:26pm On Oct 17 |
Deeaka:Nigeria Red oooooo, put your savings in money market funds. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Gotocourt: 2:27pm On Oct 17 |
Jtownperspectve:Naso my ex told me I will put her mother on salary 😤. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by tanigororo: 2:27pm On Oct 17*. Modified: 2:56pm On Oct 17 |
It's expected, you can't spend your money alone. So, have discretionary budget for that. The Rule is have a budget for handling out, I spend 50% of it in 2 weeks, 50% of the remaining 50% for another 2 weeks. The rest are discretionary spending. Deeaka: |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by iBubbler: 2:41pm On Oct 17 |
My dear brother, resist - as in RESIST - the urge to do everything for everyone. I learnt early in life that only God can do that. Earmark a % of your income for Black Tax and harden your heart to anything request outside that. This’s from someone over 50 who learnt the hard way almost 3 decades ago. I wish you well |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Didi2d(m): 2:41pm On Oct 17 |
I don't even like to ask people for money, I dey manage myself. Igbese wan finish me because I no wan ask people |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Greenodds: 2:46pm On Oct 17 |
Capital NO !!! You are not expected to give anyone shi shi even if it's your blood relations. Ignore all of these beggars and their emotional blackmail. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Stevosty: 2:46pm On Oct 17 |
Guide, invest and empower the members of your family, just you doing well and trying to hide it is not a good idea, sooner than later you will also become poor. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by anonimi: 2:48pm On Oct 17 |
Deeaka:You can dash out your money, if you want to DISCOURAGE others from working to add value to your community and country. What is the wisdom in that ![]() |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by anonimi: 2:50pm On Oct 17 |
Stevosty:How soon do you expect: - Dangote, - Otedola - Rabiu, - Adenuga and other SOLID billionaires to become extreme poverty paupers? Perhaps because of Tinubu stagflation policies ![]() |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Stevosty: 2:52pm On Oct 17 |
anonimi:do you know how dangote made it and still running his business in relation to his family? Tinubu policies actually making the rich richer, frustrating the middle class and unleashing hell on the poor. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by louken(m): 2:52pm On Oct 17 |
You have to decide how much you want to be saving out of your monthly salary after carefully analysing your expenses. Map out the amount you want to spend on family/siblings/friends based on your personal convictions. Try your best not to exceed that budget except there's extreme emergency. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by anonimi: 2:53pm On Oct 17 |
Apogee14:Is that why oyinbo and chinko donors will forever be blessed more than black leeches ![]() anonimi: |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by PheelzAlmighty: 2:53pm On Oct 17 |
Yes you must give everyone your money |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by wisdomkid: 2:55pm On Oct 17 |
Some people in UK, Australia, UK, Canada has conned a name for it, "Black Tax", where people at home will tax you because they're expecting you to provide for them financially, and some people expect it on a monthly budget. |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by StPete: 3:08pm On Oct 17 |
Stephen0mozzy:This your first line no follow. So because they don’t know how much you earn, they can’t see you buy a new car, get a new place or get some good stuffs in your home for them to know say u get money? Except you don’t spend at all on yourself and that itself is a bad thing cos what is the essence of making money you don’t spend when our lives are not guaranteed the next day |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Wotowotoman: 3:08pm On Oct 17 |
itzadorable333:You write epistle full of jargons when you could simply state that person should help family with what he or she can afford to help with. Na wa o ![]() |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Wotowotoman: 3:12pm On Oct 17 |
wisdomkid:Ogbeni, why are you using ‘has’ instead of ‘have’ when you dey talk about wetin ‘some people’ do in a sentence? Which primary schools una dey go wey dem no teach una this basic grammatical rule? ![]() |
| Re: Because I'm earning Well, Must I Give Everyone My Money? by Omalicious1: 3:13pm On Oct 17 |
Deeaka:ANSWERS 1. NO. 2. Yes, and I choose to meet my own needs first. 3. Have a budget. Every month, set aside a little amount you can use to help, and once you've exceeded that amount, then the person asking for financial assistance should check next door. |
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