Yes

NO for me

if ure earning 500k a month excluding allowances, is dat not enough to make u rich? greedy people mehn

NaijaOptimist:
Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

Not possible, as time goes on... your needs will out grow your salary

NO, cus salary earning will only keep u on circle year in year out, salary earning is actual bored to me so have step up my game since' it very hard while diverting from salary earning to generate ur own income u'll just need to put up brave heart with it and pursue it non-stop!

Never! Except you work for multinationals

Depend.... if u work in big company dt give's 2m or 1.4M..... U Work b4 u married u sha be rich.

But true rices are bad on business

Not dis 50k work we de do.

Rich faaaAaAaaaaaaaa

yes na if u work in an oil company or a multinational firm or u steal from ur company

naanxie:
As a sincere salary earner, ABSOLUTELY NOT!!

You just took the words out of my mouth... It’s impossible to become rich as a salary earner, you can be financial stable but RICH? naah!

Define 'rich'

YES
If and only if:
1. you work in IOC e.g a senior manager in TOTAL OR SHELL
2. Develop the habit of saving
3. Invest your savings

Definition of being Rich however varies from individual to individual

NaijaOptimist:
Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

I know a CEO that works with an oil company and lives in his own personal house in lekki, his PA salary is N64million. So you can, its all about d degree of d company is willing to pay you for your services and d difficulty in replacing you. Besides being rich starts from your mindset before it manifests outwardly. Start being rich on d inside and watch as ur bosses will be heads over heels to have u work with them and not for them, notice the difference.

wwhitewitch:
if ure earning 500k a month excluding allowances, is dat not enough to make u rich? greedy people mehn

Well, I can tell you that earning that does not make one rich.
Rent- 200k monthly
Food and Children issues - 100k
family- 100k
Savings - 50k

Do you consider this as rich?

Actually, you need to define your term of being rich. Super rich - NO, averagely rich - yes, but that requires more than 20yrs and that has to do with the range of your salary and your place of work..........

naanxie:
As a sincere salary earner, ABSOLUTELY NOT!!

In Nigeria? No. In normal societies? Yes.

olapluto:

Well, I can tell you that earning that does not make one rich.
Rent- 200k monthly
Food and Children issues - 100k
family- 100k
Savings - 50k

Do you consider this as rich?

i wrote excluding allowances, like allowances for house, health, holiday, and family.

Yes you can. It all depends on what you do with your salary which is tied to the vision you have for your life.

Wait o. I'm not referring to those 50k per month o . Such requires special grace

DUMB QUESTION. The answer remains NEVER NEVER NEVER. U cannot n can NEVER be richer than Ur boss. If you are working for ailli/billionaire U can n will not be same IF you are in his employ

Do you wanna know the plain truth? The free guy on the street, handling his own things on his own can make someone's 2yrs salary put together under one week. Salary is just a lazy man's thing. Example? If just a comon Lagos danfo conductor tell you how huch he makes in a week, you will know that that your HNDcertificate as a banker is just a decoration.

.

Yes but only if you are on top of the food chain

e.g CEO of a fortune 500 company

Yes

Ceo , owners, directors board --- all cn be rich on just salary
Very possible .

Only if Ur not an end time spender...

wisestman:

I know a CEO that works with an oil company and lives in his own personal house in lekki, his PA salary is N64million. So you can, its all about d degree of d company is willing to pay you for your services and d difficulty in replacing you. Besides being rich starts from your mindset before it manifests outwardly. Start being rich on d inside and watch as ur bosses will be heads over heels to have u work with them and not for them, notice the difference.

You mean his PA( personal assistant) earns 64mills.Are you kidding me?

Even a legit bank MD cant buy a porche car with his one month salary. But a good business man can make a good profit under two weeks and buy it

NaijaOptimist:
Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

Yes and No

STILESGANG:
You mean his PA( personal assistant) earns 64mills.Are you kidding me?

that guy is related to lie mohammed

NaijaOptimist:
Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

OP at what point do you consider someone rich?

STILESGANG:
You mean his PA( personal assistant) earns 64mills.Are you kidding me?

PA means per annum....

No. But it gives you a great start if being rich is your desire. You won't believe it but I have a friend that his general take home is below 200k and is content. He told me personally that he is content with it and is not going into business. Not everybody want to be wealthy, some want a comfortable life that's not glamorous. What salary has done for me is that it has given me more edge and an opportunity to venture into businesses that I never thought I would do. Proudly a salary earner.