Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,617 members, 7,809,265 topics. Date: Friday, 26 April 2024 at 06:59 AM

My Monthly Savings In Canada - Travel (18) - Nairaland

Nairaland Forum / Nairaland / General / Travel / My Monthly Savings In Canada (163492 Views)

With 5m Savings Which Country Is Easiest I Can Move To / How It Is Possible To Live In The Uk For 30 Years And Have Zero In Savings. / After 7 Million Naira Savings, What Is NEXT, UK Or Canada? (2) (3) (4)

(1) (2) (3) ... (15) (16) (17) (18) (19) (20) (21) ... (42) (Reply) (Go Down)

Re: My Monthly Savings In Canada by Fhemmmy: 6:15pm On May 15, 2019
fullofgrace:
Wat are the recommended job site in Canada
Pls someone should help me cool cool :ou

LinkedIn isn't a bad one

1 Like

Re: My Monthly Savings In Canada by generationz(f): 11:44pm On May 15, 2019
atutupoyoyo2211:
A 27 year is still young, cos i am older than that but i have stated a master's degree. I was once shortlisted for a job that pays $90 an hour, but i didnt get it because i had no masters degree and the recruitment team let me know. That was why i immediately enrolled for a masters degree. Having a kid is no problem at all because the government will even help you out until you get a job. Its an organized society here. This is the way Canada society works, or i think so. If you possess a lot of degrees from outside the country, thay may not matter until you get even one degree from Canada. It can be a diploma, BSc PGD or masters degree, but just get something from here and you are good to go

can one do Bsc and still work for 8hours?

How long does it take to complete a Bsc over there?

Is your job only open to men or are there Jobs with so much free time open to women too?

cc salford1
cc naijaman3

2 Likes

Re: My Monthly Savings In Canada by Denique(f): 5:25pm On May 19, 2019
atutupoyoyo2211:
Guys, we all keep talking about how much taxes reduces all your incomes and all that, but i would like to say, no matter how much you are taxed, you can still make good income. I attached a screen shot of the week i earned my highest pay this year, and as you can see, i was charged a lot in taxes, but i still made good money that week. Though i made Imagine getting $2222 in a week. Like i said, its hard work, because i dont get much sleep, but then again i wasn't getting much sleep in Nigeria because of stress, PHCN, noise from generators and security. I earned quite a lot that week also because, 2 of the days in that week were STAT days (holiday) and i worked on that day.
So guys, taxes are not scary at all, the more you earn, the more you get taxed, but the point there 'THE MORE YOU EARN'. Just to point out, this was my pay for that week.


Bruh, I admire you o. Can't wait to leave too cry

1 Like

Re: My Monthly Savings In Canada by Denique(f): 5:46pm On May 19, 2019
Adapapaokoye:

You won't hear now. Please go to one African country and invest your money.
grin grin grin
Re: My Monthly Savings In Canada by abulude: 6:26pm On Jun 12, 2019
adajiboyy:
bro I was turning 26, all of my best friends from high school were already graduates, I had been disappointed and dubed twice by so called agent's, bro na long talk jare. I wouldn't advice anyone to leave school for football ever again. Thanks for your wishes sha
Why not use that money to educate yourself. At 26, you aren't too old to get some education. To acquire a Bachelor's degree only takes 4/5 years, or alternatively, you can start a small business in Nigeria with your N1m.

1 Like

Re: My Monthly Savings In Canada by Fhemmmy: 7:00pm On Jun 12, 2019
generationz:


can one do Bsc and still work for 8hours?

How long does it take to complete a Bsc over there?

Is your job only open to men or are there Jobs with so much free time open to women too?

cc salford1
cc naijaman3

Yes, you can work 8 hours a day while working on your B.Sc but i will NOT advice you to do such, but as a security officer, it will be OK especially in the evening but the schooling will have to be part time.
How many years it will take you to complete your degree depends on you and if you doing full time or part time as well as what program you plan to do
Re: My Monthly Savings In Canada by generationz(f): 10:05pm On Jun 12, 2019
Fhemmmy:


Yes, you can work 8 hours a day while working on your B.Sc but i will NOT advice you to do such, but as a security officer, it will be OK especially in the evening but the schooling will have to be part time.
How many years it will take you to complete your degree depends on you and if you doing full time or part time as well as what program you plan to do


Thanks a lot.

Can one get permanent citizenship during or after ones Bsc degree like the op who only needs 3yrs to get his?
Re: My Monthly Savings In Canada by Loladelolz(m): 11:18pm On Jun 12, 2019
Hey guys, I want to leave Nigeria desperately to hustle hard. How can I get a work permit? Please reply asap
Re: My Monthly Savings In Canada by magd: 8:24am On Jun 13, 2019
Go through the Canada express entry thread and readup
Loladelolz:
Hey guys, I want to leave Nigeria desperately to hustle hard. How can I get a work permit? Please reply asap

1 Like

Re: My Monthly Savings In Canada by Fhemmmy: 4:30pm On Jun 14, 2019
generationz:



Thanks a lot.

Can one get permanent citizenship during or after ones Bsc degree like the op who only needs 3yrs to get his?

Getting permanent residence depends on many things, BUT once you have your permanent residence, you can apply to be a citizen after couple of years as long as you met all required conditions
Please note there isn't a common answer to all situations
Re: My Monthly Savings In Canada by generationz(f): 8:17pm On Jun 14, 2019
Fhemmmy:


Getting permanent residence depends on many things, BUT once you have your permanent residence, you can apply to be a citizen after couple of years as long as you met all required conditions
Please note there isn't a common answer to all situations


Thanks
Re: My Monthly Savings In Canada by smartkester(m): 9:10pm On Jun 15, 2019
magd:
Go through the Canada express entry thread and readup
initially when people told me to go through the express entry link i thought it was that easy in terms of finance but you don't tell us the truth an average hustling guy can't afford to go through express entry (it costs millions of naira to push through). Some of us ain't gainfully employed to embark on this

1 Like 1 Share

Re: My Monthly Savings In Canada by Nobody: 10:52pm On Jun 15, 2019
smartkester:
initially when people told me to go through the express entry link i thought it was that easy in terms of finance but you don't tell us the truth an average hustling guy can't afford to go through express entry (it costs millions of naira to push through). Some of us ain't gainfully employed to embark on this
I'm telling you
It's not cheap like it's being portrayed

2 Likes

Re: My Monthly Savings In Canada by chinchum(m): 2:24am On Jun 16, 2019
naijaman3:


The statement in bold is not always true. If you plan your life properly you do not need to work more than 40hrs in a week to live decent and debt free life. With the correct residency status, people may have to work a lot of hours in a minimum wage job when they just arrive. With proper planning, they can eventually get a job in their profession and work only 40hrs a week. If you read the Op (@atutupoyoyo2211) post from start, you will see that this is what he is planning to do. He does not plan to stay in this kind of job for the rest if his life. Sadly, this type of opportunity is not available in Nigeria.

I have been trying to avoid talking about my own experience regarding @atutupoyoyo2211 approach because I am trying to protect my identity and also because if some people find it difficult to believe @atutupoyoyo2211 whose situation is very straight forward, how would they believe me. Without revealing too much about myself, I will at this point say a little to show what is possible with proper planning and prudent spending:

1. I came to Canada in 2001 with permanent residency visa (landed immigrant visa is what we called it then)
2. I worked in minimum wage job for one year at the same time trying to get my professional certification and register in my profession.
3. For the one year I was doing the minimum wage job, I was living and saving as I explained on page 11 here: https://www.nairaland.com/4857306/monthly-savings-canada/10#73854976
4. By early 2003, I got a job in my profession and started working only 40 hour a week because my salary back in 2003 was already 4 times what I was making while working minimum wage.
5. Two years later, in 2005 I bought my house with 20% down-payment. The down-payment was from all my savings from working minimum wage and 2 years of working in my profession.
6. I continued to live modestly and investing in the stock market (not just savings). This way I was able to fully pay my mortgage in 2015 which is 10 years after buying my house compared to others who spend recklessly and take between 25 to 30 years to pay off their mortgage.
7. Without being boastful, I can tell you that today (2018) I am a Millionaire in Dollars (in cash, stocks and other investments), my wife and I drive luxury SUV’s, we go on vacation with our kids twice a year (one trip within North America during the spring break in March/April and the second trip to anyone of either Europe or Asia or Nigeria when the kids are on summer vacation in July and August).
8. I have a lovely and supportive wife and amazing 3 kids that are making me proud and thankful to God daily.
9. All of the above do not include my wife’s savings and investment as she also works in her own profession.
10. I do not have any type of debt (no mortgage debt, no car debt, no credit card debt). I pay my credit card in full every month.

If the above is not fulfilling and living my Canadian dream, what else is it.

@atutupoyoyo2211: I hope you can learn one or two things from my write up above. Please continue doing your thing and do not be discouraged. I can see success in you. Please do not disappoint me.

Important: Please note that the above is applicable only if your status in Canada is legal (i.e. you have permanent residency or you are a citizen). Please do not plan to come to Canada with just a visitor visa and think you can easily make it like we are trying to explain here. As far as I am concerned planning to come here and make it on visitor visa is a suicide mission. You may end up making it but the chance is very slim and I do not encourage such move.



Quite encouraging, I sincerely hope to surpass this in my pursuit of happiness. Your story gave me an inner strength much needed. I took my first step investing in the stock market yesterday. I am almost 2 yrs old as a PR in Canada

4 Likes 1 Share

Re: My Monthly Savings In Canada by wyzoe: 9:22am On Jun 18, 2019
Ccanyanwu:

I'm telling you
It's not cheap like it's being portrayed

If it were that easy, how many people would remain in the country?

5 Likes 1 Share

Re: My Monthly Savings In Canada by Nobody: 11:20am On Jun 18, 2019
wyzoe:


If it were that easy, how many people would remain in the country?
Lol
The Nigerian dream

1 Like

Re: My Monthly Savings In Canada by chinchum(m): 5:30pm On Jun 19, 2019
wyzoe:


Hey bro, can you guide me?

I'm landing London Ontario in August.

Can you give me a guide on things to look out for, particularly by way of starter jobs, savings, investments?
I plan to take a digital marketing course and upgrade while working but I need a little guidance.

PS: accommodation is sorted out already.

Cc maternal
TheCongo2
Blackbuddy
Salford
Naijaman3
ifegy

I just need to know the things to look out for and things to avoid. In other words, what did you wish you knew when you just started.


Modified (for clarity in response): I'm a citizen by birth.
For clarity in response, I will simply hope the "elders" as quoted provide a deeper insight than I can ever give.
Re: My Monthly Savings In Canada by egobetatoday: 5:28pm On Jul 18, 2019
dtaminator:


The answer to that question is a big yes. I only have a first degree from Nigeria. I came to Canada with 8yrs oil industry experience. I wanted to change career and also wanted to stay in Ontario. I got a decent job in 3 months with one of the big 5 banks in a staff role with full benefits and paid vacation. The pay is not the best, but hey, it pays all the bills, affords me extra money and. Most importantly it gives me a platform to develop my self and plot/execute the next phase of my career change.
What the OP means is that you can have your degree on your resume without having the school, that way no one will discriminate based on where you got your education. If you qualify for the job, you have a good chance of getting shortlisted for an interview. If you impress at the interview, it's unlikely that they would deny you a position based on where you got your degree. Just have it in mind that whatever the case, it makes a lot of sense to get a canadian education as soon as you can. Anything from a graduate certificate, diploma to a masters will improve your earnings here.

How easy is it to ace the banking interview in Canada? did you have transferable experience from the oil job? I ask these because you said you had 8 yrs experience in oil and gas (no mention of any experience in banking) and you now work in one of the top 5 banks. I have some yrs experience in banking although my background is in the life sciences. Just trying to gather info and know which route is best. Thnks
Re: My Monthly Savings In Canada by atutupoyoyo2211: 5:46pm On Jul 31, 2019
Hey guys,
I haven't been on this thread for a long while, because sometimes when you makes plans, Life happens. Well Long story short, My company insisted i go back to just regular 8 hours a day because they could not pay for my overtime. Mind you, this is a multi billion dollar project.
I discovered that the company managers had a meeting about me at the beginning of this year and decided to make sure i dont work overtime because i made more than a bunch of them. I made exactly $100,039 last year, working as a security guard. Impressive i think. I took what they said in good faith and have been working regular shift since. i would have gotten a second job, but i am on course to be one of the best or probably the best student in my masters program, so i decided to focus on my studies and graduate with honors.
I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.

30 Likes 2 Shares

Re: My Monthly Savings In Canada by uptimum123(m): 8:47pm On Jul 31, 2019
That's life for you my brother, you just have to keep moving on.


atutupoyoyo2211:
Hey guys,

I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.

1 Like

Re: My Monthly Savings In Canada by rozayx5(m): 8:53pm On Jul 31, 2019
atutupoyoyo2211:
Hey guys,
I haven't been on this thread for a long while, because sometimes when you makes plans, Life happens. Well Long story short, My company insisted i go back to just regular 8 hours a day because they could not pay for my overtime. Mind you, this is a multi billion dollar project.
I discovered that the company managers had a meeting about me at the beginning of this year and decided to make sure i dont work overtime because i made more than a bunch of them. I made exactly $100,039 last year, working as a security guard. Impressive i think. I took what they said in good faith and have been working regular shift since. i would have gotten a second job, but i am on course to be one of the best or probably the best student in my masters program, so i decided to focus on my studies and graduate with honors.
I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.

inside life sha

1 Like

Re: My Monthly Savings In Canada by queengift(f): 9:56pm On Jul 31, 2019
atutupoyoyo2211:
Hey guys,
I haven't been on this thread for a long while, because sometimes when you makes plans, Life happens. Well Long story short, My company insisted i go back to just regular 8 hours a day because they could not pay for my overtime. Mind you, this is a multi billion dollar project.
I discovered that the company managers had a meeting about me at the beginning of this year and decided to make sure i dont work overtime because i made more than a bunch of them. I made exactly $100,039 last year, working as a security guard. Impressive i think. I took what they said in good faith and have been working regular shift since. i would have gotten a second job, but i am on course to be one of the best or probably the best student in my masters program, so i decided to focus on my studies and graduate with honors.
I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.

Welcome back bro
Re: My Monthly Savings In Canada by oluayebenz: 1:20am On Aug 01, 2019
atutupoyoyo2211:
Hey guys,
I haven't been on this thread for a long while, because sometimes when you makes plans, Life happens. Well Long story short, My company insisted i go back to just regular 8 hours a day because they could not pay for my overtime. Mind you, this is a multi billion dollar project.
I discovered that the company managers had a meeting about me at the beginning of this year and decided to make sure i dont work overtime because i made more than a bunch of them. I made exactly $100,039 last year, working as a security guard. Impressive i think. I took what they said in good faith and have been working regular shift since. i would have gotten a second job, but i am on course to be one of the best or probably the best student in my masters program, so i decided to focus on my studies and graduate with honors.
I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.

That's jealous not racist.
Jealousy is everywhere......

You mean you actually saved 100k in a year?
Dont you spend money at all?

1 Like

Re: My Monthly Savings In Canada by salford1: 8:33am On Aug 01, 2019
oluayebenz:


That's jealous not racist.
Jealousy is everywhere......

You mean you actually saved 100k in a year?
Dont you spend money at all?
I believe he said he earned.

12 Likes

Re: My Monthly Savings In Canada by Mizwisdom(f): 8:43am On Aug 01, 2019
oluayebenz:

That's jealous not racist. Jealousy is everywhere......
You mean you actually saved 100k in a year? Dont you spend money at all?

See them, always making excuses for oyibo.

6 Likes

Re: My Monthly Savings In Canada by iaatmguy(m): 9:15am On Aug 01, 2019
atutupoyoyo2211:
Hey guys,
I haven't been on this thread for a long while, because sometimes when you makes plans, Life happens. Well Long story short, My company insisted i go back to just regular 8 hours a day because they could not pay for my overtime. Mind you, this is a multi billion dollar project.
I discovered that the company managers had a meeting about me at the beginning of this year and decided to make sure i dont work overtime because i made more than a bunch of them. I made exactly $100,039 last year, working as a security guard. Impressive i think. I took what they said in good faith and have been working regular shift since. i would have gotten a second job, but i am on course to be one of the best or probably the best student in my masters program, so i decided to focus on my studies and graduate with honors.
I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.
welcome bro. all in all keep your eyes on the target. Goodluck
Re: My Monthly Savings In Canada by Snipespeter: 4:38pm On Aug 01, 2019
Please someone said he can secure undergraduate admission for me in Canada but my fear is that he said that I won't pay school fees until I get to Canada. I want to know if it is possible not paying even a semester fee and still get admission letter ?
Re: My Monthly Savings In Canada by oluayebenz: 11:43pm On Aug 01, 2019
Mizwisdom:



See them, always making excuses for oyibo.

Lol

Does that sound like racist ?

Isn't that envyness/jealous

2 Likes 1 Share

Re: My Monthly Savings In Canada by DexterousOne(m): 1:23am On Aug 02, 2019
atutupoyoyo2211:
Hey guys,
I haven't been on this thread for a long while, because sometimes when you makes plans, Life happens. Well Long story short, My company insisted i go back to just regular 8 hours a day because they could not pay for my overtime. Mind you, this is a multi billion dollar project.
I discovered that the company managers had a meeting about me at the beginning of this year and decided to make sure i dont work overtime because i made more than a bunch of them. I made exactly $100,039 last year, working as a security guard. Impressive i think. I took what they said in good faith and have been working regular shift since. i would have gotten a second job, but i am on course to be one of the best or probably the best student in my masters program, so i decided to focus on my studies and graduate with honors.
I have realized that people that smile with you everyday, are not actually happy about your success, even when your success does not amount to their failure. They just dont like the fact that a security guard, or probably a black African security guard earns more than managers. Don't get me wrong, i dont think Canada is as racist as some other countries, but i think there is a little bit of it. Now point of note, earning so much is good, but it also disqualifies you from some benefits in Canada. For example, the grants i got for my student loan this year are next too nothing cos i earned above $80k on my tax statements. Another point of note, i paid just about $30k in taxes last year.

Good to have you back
Re: My Monthly Savings In Canada by Ugosample(m): 2:30am On Aug 02, 2019
oleeee:
I moved to USA , I think my sharp guy pass ur own. I run two jobs. $12.50 ND $11.50 hourly.
That's $24 hourly.
I get overtime sometimes.

wow

interesting

1 Like

Re: My Monthly Savings In Canada by Ugosample(m): 2:34am On Aug 02, 2019
siverspooon:
hmmm... indeed there was a country called nigeria

yea there was

(1) (2) (3) ... (15) (16) (17) (18) (19) (20) (21) ... (42) (Reply)

Abuja City - Videos and Photos / Top 10 Lagos Slangs You Must Know As A Resident / Offer Of Advice For Interest In Studying In Czech

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 84
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.