LadySarah:
When did paying house rent and furnishing an apartment an investment?
They say You are eating Mama Thank You ,is that bothering your mama,no.
The truth:
your friends are jealous.They want Where they will have unrestricted access to enjoyment from you and the squatters gang.
that 400k that looks too big to Youwill dissappear in 1 week with All the job Insecurity.Ask Ecobank ex workers.

Remain Where You are ,save up the more and invest properly.Dont leave Unless you You are abt to get married.If they Talk ,ignore them.

Hullabaloon:
.

The secret is quite simple: I don't drink, I don't smoke, ain't got no girlfriend. Don't need one now.

So, the only expenses I make are feeding, T fare, and helping parents with cash when food stuff and other utilities run low at home.

I would have even saved more if not that I provided half of the rent where we currently stay, bought a new laptop and a new phone when I lost the previous one I had, and of course, upgraded my wardrobe

Hullabaloon:


Lol, trust me, I'm not gonna listen to any business proposition from anyone here.

Hullabaloon:
Guys I need advice on what to do at this point in my life.

Got a job, in my state, place of work not far from parent's house (rented flat).

I've managed to save up to 400k so far, I've always longed to move away from my parent's house and get my own place, but they'd always kick against it, citing that there's no need for that since work is close to home. Left for them, they'd like me to stay till I plan for marriage whenever that will be; Lol, parents sha.

I'm already 28 years old, so I think it's time.

My colleagues already yab me anytime they get the opportunity, they love reminding me that I still dey chop mama thank you.

Problem is, the job security at my place of work is not that encouraging. I have older colleagues who have been in the company for 8 to 15 years, I've also, within my short period (less than a year now) seen about 5 workers sacked, it's a place where any thing can happen at any time.

So, should I invest this 400k in renting and furnishing an apartment with the constant uncertainty hovering over the job,and no side income yet, or should I continue staying with my parents while I invest the money in a side business which I don't know how it'll fare...

Now, frankly speaking, I'm not cut out for business, it's not my forte at all, so starting any at all comes with great risk but I still feel the need for another source of income.

On the flip side, Staying with my parents is not even as economical as most would think. Ever since I got the job, parents no dey gree say them get money again. All the bills are on me.

I'm just confused.

Salary fluctuates between 60 to 80k

AwkaetitiBabe:
Do u know if I want to transfer my load?

Bbbwings:

I don't think you've lived alone earning 60k salary...
I did for a year.
And the savings I had went to the next year's rent, with the remainder just 60k
Yearly income 60000×12=720000
(Next years rent a self con= 120000
Money sent to my sibling monthly 8000×12= 96000
Total = 216000)
Amount remaining= 720000- 216000=504000
Savings = 60000.
So the amount I spent in a whole year was
504000- 60000
=444000.

That means I was spending only 444000/12 a month
37000.

My brother my body hear am.
I was effectively bankrupt the next year.

Hullabaloon:
Guys I need advice on what to do at this point in my life.

Got a job, in my state, place of work not far from parent's house (rented flat).

I've managed to save up to 400k so far, I've always longed to move away from my parent's house and get my own place, but they'd always kick against it, citing that there's no need for that since work is close to home. Left for them, they'd like me to stay till I plan for marriage whenever that will be; Lol, parents sha.

I'm already 28 years old, so I think it's time.

My colleagues already yab me anytime they get the opportunity, they love reminding me that I still dey chop mama thank you.

Problem is, the job security at my place of work is not that encouraging. I have older colleagues who have been in the company for 8 to 15 years, I've also, within my short period (less than a year now) seen about 5 workers sacked, it's a place where any thing can happen at any time.

So, should I invest this 400k in renting and furnishing an apartment with the constant uncertainty hovering over the job,and no side income yet, or should I continue staying with my parents while I invest the money in a side business which I don't know how it'll fare...

Now, frankly speaking, I'm not cut out for business, it's not my forte at all, so starting any at all comes with great risk but I still feel the need for another source of income.

On the flip side, Staying with my parents is not even as economical as most would think. Ever since I got the job, parents no dey gree say them get money again. All the bills are on me.

I'm just confused.

Salary fluctuates between 60 to 80k

shege45:
My bro people would always talk ooo. If you move out tomorrow and you ask dem to borrow you money, na dem go still yab you. My guy you don’t just move out like that ooo, you should move out with the hope of never returning. So I’d advice you stay in ur peeps house, atleast them no they chase you. So long you are not depending on them and you also contribute to the upkeep of the house. Baba dey where you dey. Its not even fat from ur work place. But always keep in mind that you would move out soon. Just keep saving bro

Teeneyo:
I also m in d same shoe
Unless ur parents ar supportive and bearable u can stay
Mine ar not
Moving oo fr peace of mind

AkataYeriYeri:

Invest your money in FG savings bond

Hullabaloon:
Guys I need advice on what to do at this point in my life.

Got a job, in my state, place of work not far from parent's house (rented flat).

I've managed to save up to 400k so far, I've always longed to move away from my parent's house and get my own place, but they'd always kick against it, citing that there's no need for that since work is close to home. Left for them, they'd like me to stay till I plan for marriage whenever that will be; Lol, parents sha.

I'm already 28 years old, so I think it's time.

My colleagues already yab me anytime they get the opportunity, they love reminding me that I still dey chop mama thank you.

Problem is, the job security at my place of work is not that encouraging. I have older colleagues who have been in the company for 8 to 15 years, I've also, within my short period (less than a year now) seen about 5 workers sacked, it's a place where any thing can happen at any time.

So, should I invest this 400k in renting and furnishing an apartment with the constant uncertainty hovering over the job,and no side income yet, or should I continue staying with my parents while I invest the money in a side business which I don't know how it'll fare...

Now, frankly speaking, I'm not cut out for business, it's not my forte at all, so starting any at all comes with great risk but I still feel the need for another source of income.

On the flip side, Staying with my parents is not even as economical as most would think. Ever since I got the job, parents no dey gree say them get money again. All the bills are on me.

I'm just confused.

Salary fluctuates between 60 to 80k

iamwalexab:
Tell me more about this please

Hullabaloon:
Guys I need advice on what to do at this point in my life.

Got a job, in my state, place of work not far from parent's house (rented flat).

I've managed to save up to 400k so far, I've always longed to move away from my parent's house and get my own place, but they'd always kick against it, citing that there's no need for that since work is close to home. Left for them, they'd like me to stay till I plan for marriage whenever that will be; Lol, parents sha.

I'm already 28 years old, so I think it's time.

My colleagues already yab me anytime they get the opportunity, they love reminding me that I still dey chop mama thank you.

Problem is, the job security at my place of work is not that encouraging. I have older colleagues who have been in the company for 8 to 15 years, I've also, within my short period (less than a year now) seen about 5 workers sacked, it's a place where any thing can happen at any time.

So, should I invest this 400k in renting and furnishing an apartment with the constant uncertainty hovering over the job,and no side income yet, or should I continue staying with my parents while I invest the money in a side business which I don't know how it'll fare...

Now, frankly speaking, I'm not cut out for business, it's not my forte at all, so starting any at all comes with great risk but I still feel the need for another source of income.

On the flip side, Staying with my parents is not even as economical as most would think. Ever since I got the job, parents no dey gree say them get money again. All the bills are on me.

I'm just confused.

Salary fluctuates between 60 to 80k

Katier00:
You earn 60k to 80k and you were able to save 400k in less than a year. What's the secret bro? Don't leave your parents house just yet. Save up to 1m and buy a low cost land since you are not good in doing business. When it appreciates a little, sell and buy two more .Stay there sef till you wan marry. Be focus, you are not far from being successful

Galaticos444:
read his earlier post(he doesnt womanize,drinks nor smoke) and probably he doesnt put on xpensive clothes and accessories.in conclusion op is living a boring life

bluebay:
Lemme give you a story about myself .. When I graduated, I went back home and I go a little job and living in my parents house . My dad owns the compound
And we gat 4 flats with tenants. I stayed with them for almost a year and one day, I decided to rent an apartment and I never told them before I did. On breaking the news to them, they were surprised and mad at me especially my mom saying am too young to live alone and she’s sure I’ve been influenced by my girlfriend . My dad wasn’t happy for he said he would have vacated a tenant and I move in . My siblings were not happy with me also thinking my girl influenced me . There was this Bros who have graduated long before I did which I told before I actually paid for the apartment . This bros discouraged me from getting my apartment by using himself as an example that he owns a business he’s managing and living with his family..
To cut the story short, I Moved out of my fathers 5 bedroom flat to a bed sitter apartment in another Town. Less than year, I moved into 2 bedroom apartment and am doing well. My younger brother eventually left the house and stayed with me for months and now, he’s living in a Self contain apartment and Guess what, the Bro’s who advices me to stay back and run a business , he’s still living with his parents and his business have closed down.

My point is the moment you start living alone, your sense of reasoning will change automatically and my brother if you don’t work, you won’t it. That was what made me what I am now and my mother loves visiting me every weekend now .

Hullabaloon:
.

The secret is quite simple: I don't drink, I don't smoke, ain't got no girlfriend. Don't need one now.

So, the only expenses I make are feeding, T fare, and helping parents with cash when food stuff and other utilities run low at home.

I would have even saved more if not that I provided half of the rent where we currently stay, bought a new laptop and a new phone when I lost the previous one I had, and of course, upgraded my wardrobe

JennyOfOldstones:
Hullabaloon. Please Ignore all those saying you have to move out to know what it feels like to be a man by paying bills and other nonsense. The kind of job you have right now is not secure enough to support that kind of lifestyle. But to be honest, you do need a side hustle. Salary earning is not enough to sustain anyone these days. You don't even need to engage actively in a business. Make investments. Since you have a knack for saving, save for at least one more year and then really consider buying shares or bonds(Treasury bills) or even low cost land.

Noel1:

O ur welcome baby... I'm staying alone

MasterRahl:

Leave!!!
I was 24 when I left my parents place. I'm 25 now. I send my mum 30k monthly as allowance. I'm a freelancer and a Kindle author.
Our old politicians including Bubu were very young when they achieved great milestones in life. The idea of a 28-year old man staying in his parents house because he wants to save is laughable. Don't be afraid of achieving great things at a young age.
Remain blessed.

Duggedised12:
no,why the question? Just searched for the name cos this is the second time someone is assuming I am her but her new account is quite obvious there na

SmellingAnus:
you are right bro... But that it worked for you doesn't mean it will work for another person... I know a man that was with his parents even after Marriage till he built his own house and moved out with his wife and kid...