joey150:
Never you..read stuff here and feel bad or guilty.. Folks lie all the time to soothe their ego.



Word of advice

jay7:


Well-done but your so called baby mama should not just sit idle doing nothing, if she is a graduate she can look for a teaching Job no Matter small she earn she will have something to support you with at the end of the month.

ndividual:


Here's my take on it : How much minimum would you need live ideally?

I'm using the dollar as my reference, so:

Before inflation : $1 = 160 Naira
Now : $1 - 360 Naira (225% Increase)

Therefore, to get the same value of 100k before inflation time in present day, you would need to be earning 225,000

Assuming you're putting aside money for rent monthly (lets say 800k divided by 12 months), 66,000

Feeding expenses are usually anywhere from a quarter of your income to half. Choosing half of 225,000: 112,500

Transport? Assuming 30% of 225,000 : 67,000

Adding all of this, we have a total ideal of N470,500


Now, Ask yourself, what level/position within your company would you need to be to be earning that?

While you're asking yourself, lets convert this to dollars at N360 per dollar. That's[b] $1306 a month.[/b]

If you check salary benchmarking sites in others countries you may find out what they earn monthly is way above that.

Example :

Nigerian Salary for Front web developer (approx) : 60k ~ 240k ~ higher which in US dollars is[b] $166 ~ $240 per month[/b]
Arabian Salary for Front web developer (approx), the amount in US Dollars is $1000 to $2000

Conclusion

If you take the lowest amount in an arabian country ($1000), and convert to naira, you'll see its barely enough to sustain you based on our ideal income

We live in a country where we need to almost out-earn international counterparts to put body and soul together, but our economy can't afford to pay us our worth.

Quincyolarks:
Salaries? In January 2017, I hustled money to arrange drivers license so as to earn something higher than 15k a month, with a not working, live in baby mama in tow. In March, my wish was granted I got a 40k driver job in a location close to home. I work late, I work Monday to Saturday, I am depressed, from my larger than previous salary I can't buy myself a shirt, I still dress in my rags to work. Salaries are the reward in a permanent rat race, only those who break out of the box end up well.

officialfestus:
nor mind dem....the thing just tire me.....I dey money find money to take sort something next month....nahim one m0nkey they say 1.2m nor reach am use a month

Quincyolarks:
I spoke with her about getting something doing but she said she will take up a fashion design apprenticeship, mind she started one last year August but could not complete it. I had to pay for her to start at a new place and now all I hear is that she would be signing up for another male garment training when the current one elapses. She has done childcare before so I rallied resources to start us a daycare center with a shop in my care, the very next weekend she came back and told me a narration of her prophetess seeing a vision that she can't start a daycare because of Aye. Thanks for your concern sir, I just needed to unload somewhere!

singleosy:


Easier said than done. Me that is looking for a teaching job. Started from July and submitted in over 30 schools here in Ph. Only gone for one interview, yet to hear from them. Do you think it's easy? The way people talk as if it's easy to get a teaching job make me laugh. Even with all my experience, qualifications

starlingbawa:


The Nigerian male faces a harsh reality as he wakes up from sleep each morning.

It is well...

mightyhazell:
oga,no be only feeding be expenses o.

have u thot of medical bills,power bills,other utility bills,weekend outings n merriment ,clothing's,vehicular expenditures/ transportation plus other family ,religioisand village commitments?


some weeks,I spend over 250k. just a week o!

sgtponzihater1:


Several. I have a mini-super market, run a sport betting biz, have a partnership with some fuel stations, and do stocks, mutual funds, treasury bill and have some bonds.

yemmit90:


You can do everything you listed above (if you dont do it above your level)

Besides, let have a break down of how you spent 250k within a week sir?

jojothaiv:

1.2 million, o boy we get rich people for nairaland o!

That amount is enough for me for a year!

abnot:


Living well is relative. What you may consider as prudent living may be luxury or poverty to me. Lot's of people are living well in Nigeria Sir. Don't make the assumption that no one is living well. Anybody that has access to basic infrastructure and services is living well. If the transport system is bad one can complement it with a landcruiser and get immune from most of the rough roads. In Milverton some people tend to even forget that nigeria is experiencing challenges in the area of electricity.

My opinion on 150k a month was based on my knowledge of the cost of housing, tuition fees, healthcare and other neccesities in Lagos.

NextGovernor:
I still wonder how people manage 100k job ooo....
With 1.2mil a month I still feel I am not meeting up. I spend more than 2/3 of that a month.

Not that I am married, don't give parents money becos na them go even give me, dont play bet or gamble. Sometime I just tire for myself. I need to cut down expenses and do away with alot of junk and extravangant friends I have...

mightyhazell:
lol

from 4 to 9th of D's month,I spent close to 100k on fuel(travelings for august meetings,generators at d villa,offices n in my abode here in town,over 100k putting my car in good shape for eastern routes,over 150k for food,drinks n oda entertainments,over 50k on dues,...now u see I havnt included regular utility bills n miscellaneous expenses and we having over 300k

yemmit90:


Nawa for you o. 100k fuel withing 5 days? 100k putting your car in good shape? Bro you need to check the way you spend. This is the best time you use your money to plan for the future not when you become 50 years of age.

mightyhazell:
lol,..


spend ke,..



my bro,..days wot am talking about,..does one really hsv a choice?

shd I cut d cost s by buying substandard tyres? 2 front tyres alone cost me 56k.
trust me,its not all costs u can cut. generating sets at hometown cost abt25k to repair,..coupled wit daily fuelling with abt 2k worth of fuel

SamuelAnyawu:
875k Net Pay

Make God help make i become Logistics Manager before December Biko

mightyhazell:
lol

from 4 to 9th of D's month,I spent close to 100k on fuel(travelings for august meetings,generators at d villa,offices n in my abode here in town,over 100k putting my car in good shape for eastern routes,over 150k for food,drinks n oda entertainments,over 50k on dues,...now u see I havnt included regular utility bills n miscellaneous expenses and we having over 300k

sgtponzihater1:


Thanls, will be waiting

donogaga:



Bro, the way things are currently, 150k is considered a fair salary. Am saying this because a lot of married men with good qualifications are jobless. The street ain't friendly. The Nigerian factor doesn't work to our advantage.

He's not gonna remain on 150k salary for ever. He's gonna grow overtime and that comes with increment of salary as well.

You have to start from somewhere. it's that simple.

nwabobo:


Are people on minimum wage not happily married?

YelloweWest:
Why not state what u disagree with?
Lack of proper training and education I guess
Smh...

ideologies:


Here is my views on Wealth.
1. No amount of money may ever be enough for you.
2. Every salary increase may increase your taste for a better life hence insatiability sets in.
3. To be contented, build your self esteem
4. To be contented, don't compete with friends or colleagues.
5. Only money can solve money problems
6. Only a man who works for himself & God may be satisfied.
7. If you are on a paid job, don't plan to retire on paid jobs.
8. Savings may not be the solution.
9. Wealth creation is the solution
10. Hence, Invest more than savings but not MMM
11. If u save, save to invest, not saving to spend on commodity.
12. Investment can be as little as 10,000
13. Get Ideas, get knowledge, find time.
14. If your rent/year is more that your 1month salary, all your savings in 12months may only be able to pay rent for the next year. Do the maths
15. If you are married, be open to her with your finance, financial goals & plans, get her to key in.

mightyhazell:
lol,..


spend ke,..



my bro,..days wot am talking about,..does one really hsv a choice?

shd I cut d cost s by buying substandard tyres? 2 front tyres alone cost me 56k.
trust me,its not all costs u can cut. generating sets at hometown cost abt25k to repair,..coupled wit daily fuelling with abt 2k worth of fuel