Nigerians In USA, Do You Save More Than N15 Million Yearly? - Travel (8)

Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,197 members, 7,815,181 topics. Date: Thursday, 02 May 2024 at 08:36 AM

Nigerians In USA, Do You Save More Than N15 Million Yearly? - Travel (8) - Nairaland

Nairaland Forum / Nairaland / General / Travel / Nigerians In USA, Do You Save More Than N15 Million Yearly? (57983 Views)

Nigerian Man Makes N207 Million Yearly Carrying bag of Cements in South Korea / Thread For Nigerians In Other African Countries / Give Birth In USA: Cost And Procedures Part 6 (2) (3) (4)

(1) (2) (3) ... (5) (6) (7) (8) (9) (10) (11) ... (13) (Reply) (Go Down)

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by FSU: 5:22pm On Mar 07, 2021

MrGoood:

Thanks for your contribution this really help, I am waiting for someone that will mention the exact amount he or she save last year

A lot of us do. It depends on what you mean by savings. I know Nigerians who save more than N20 M equivalent every year in their 401K or 403B retirement savings.

3 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by austinelex: 5:23pm On Mar 07, 2021

MrGoood:
I am a businessman and the thing is I am in for money in any choice I make. I made around 22 million in savings last year. Though I cut family and girlfriends off my life to achieve that and am in Nigeria.

But seeing the doings of people outside The country, there was an America based lady that spent over 12 million naira on her mother's burial. For her to spend that much I believe she will have 20x of that amount.

At least for an upright thinking fellow, I feel like am making less so am thinking of relocating. Can I make over 22 million yearly in savings in USA, If no how much can I save? Talk from your personal experience pls, Let stop deceiving each other pls, How much did you save annually in USA? Please let be sincere.

pls what kind of business are you doing

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by naijadrivablog: 5:24pm On Mar 07, 2021

The truth is that Nigeria, if you have a good source of income, is a good place to be rich and enjoy life and do 'big man/woman' join.

Abroad, you can't escape taxes, monthly rent, bills upon bills.

1 Like

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by HacheNoire: 5:24pm On Mar 07, 2021

golddust6000:
An average Nigerian in US don’t save 5m yearly.
All these people on the comment section don’t know how US or Europe works, you may die while working, you will age faster than your younger brother in Nigeria, you will likely fall sick by tomuch work overload.
At the end of every year you will realise that you did not save up to 4m.
Here you can’t escape tax, you ca never escape it. You will work for the government till you die, be wise.

Lies...

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Dalil8: 5:24pm On Mar 07, 2021

bptc10:
70% of Nigerians in America have never see such amount of money in their life

A big fat fucking lie!

2 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by naijadrivablog: 5:24pm On Mar 07, 2021

The truth is that Nigeria, if you have a good source of income, is a good place to be rich and enjoy life and do 'big man/woman' join.

Abroad, you can't escape taxes, monthly rent, bills upon bills.I haven't lived abroad but have a lot of family and friends in different countries, the story is the same across board.

3 Likes 1 Share

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by pocohantas(f): 5:28pm On Mar 07, 2021

Cocao:
The truth is that this guy is not looking to leave Nigeria or his business. He is in a contest of some sort between who earns more. Him or someone in the US and he's trying so hard to justify that he makes more. Remember he constantly asked for someone to tell him their exact savings.

He has no issue cutting off his family so he can save more, or being with a partner. It is obvious this kind of person will literally do anything for money and is threatened when his money is threatened.

He does not want to hear that anyone he knows is doing better. This fear kicked in when he saw first a lady that spent 12m, then he constantly refers to himself as poor. He is trying to compensate for what attributes he does not have using money.

Brother, money is a lot, but it is not everything. You are not in a competition with anyone. Saving 22 million a year cannot make up for some things that family and friends will bring to you. Stay on your lane and do what is best for you. But most importantly, enjoy your life with the people you love that loves you.

You have said it all.

The OP, just like many other homebased guys are steady in a dick-measuring-contest with diasporans. I would never understand why.

Stay your lane, let them stay theirs. They no kuku send you sef. lipsrsealed

16 Likes 1 Share

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by oilking: 5:28pm On Mar 07, 2021

golddust6000:
An average Nigerian in US don’t save 5m yearly.
All these people on the comment section don’t know how US or Europe works, you may die while working, you will age faster than your younger brother in Nigeria, you will likely fall sick by tomuch work overload.
At the end of every year you will realise that you did not save up to 4m.
Here you can’t escape tax, you ca never escape it. You will work for the government till you die, be wise.

Then come back to Nigeria where you won't pay tax, work for your government and save 30 million every two weeks. Naysayers

3 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Elnon: 5:29pm On Mar 07, 2021

There was a caught... grin

.....I knew he is a fraud and never makes up to that...SMH

overseasnbeyond:
This guy @MRGoood dont need not to be taken serious. He had never made what he claims[b][/b], read through his post.
Stop rubbishing people abroad go and stay with your 200k per month.
https://www.nairaland.com/6271472/which-one-should-choose-land#96308238
https://www.nairaland.com/6271499/pls-what-business-start-3#96308879
https://www.nairaland.com/6207332/did-know-anyone-regret-relocating#95367757
https://www.nairaland.com/6338030/how-live-work-study-germany#97558701

3 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by AududuNine11: 5:31pm On Mar 07, 2021

Cocao:
The truth is that this guy is not looking to leave Nigeria or his business. He is in a contest of some sort between who earns more. Him or someone in the US and he's trying so hard to justify that he makes more. Remember he constantly asked for someone to tell him their exact savings.

He has no issue cutting off his family so he can save more, or being with a partner. It is obvious this kind of person will literally do anything for money and is threatened when his money is threatened.

He does not want to hear that anyone he knows is doing better. This fear kicked in when he saw first a lady that spent 12m, then he constantly refers to himself as poor. He is trying to compensate for what attributes he does not have using money.

Brother, money is a lot, but it is not everything. You are not in a competition with anyone. Saving 22 million a year cannot make up for some things that family and friends will bring to you. Stay on your lane and do what is best for you. But most importantly, enjoy your life with the people you love that loves you.

Beat comment so far on this thread.

You have a sound brain.

6 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Yxxx: 5:34pm On Mar 07, 2021

Please I need connection on how to export our african food.
Grains
Dried foodstuff
Spices
Herbs.
Leaf
Please I will appreciate if someone here abroad can help me .
I want to go into this business .
Thanks in anticipation.

1 Like

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by HacheNoire: 5:37pm On Mar 07, 2021

golddust6000:
An average Nigerian in US don’t save 5m yearly.
All these people on the comment section don’t know how US or Europe works, you may die while working, you will age faster than your younger brother in Nigeria, you will likely fall sick by tomuch work overload.
At the end of every year you will realise that you did not save up to 4m.
Here you can’t escape tax, you ca never escape it. You will work for the government till you die, be wise.

You are right. "An average Nigerian"

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by bignero: 5:37pm On Mar 07, 2021

tempest01:

Na you're broke type person go make claims online, you go dey kiss ass, if crumbs go fall for you.

Lol, how will he even see what i wrote..

Me broke, lol.

Your the one that has shown how frustrated /broke you are.. Smoke like truth cant be hidden..

Your English even gives you away.. I no go follow you enter your frustrated state.. Na to sorry for you

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by djon78(m): 5:40pm On Mar 07, 2021

PDJT:

-Sometimes it’s not all about money.

-Life is complicated. Many seek sanity, health, decent education and opportunities for themselves and children. For instance, the US citizenship will open tremendous opportunities for you if you’re business-minded or just love traveling- so many countries to visit without visa. Same is applicable with many other firstclass Nations.

-Madam Ngozi had to recently take up her right to US citizenship in preparation for her WTO application. She wasn’t daft when she made that decision.

-As our faces are different, so are our life expectations.

But money plays a very important role in life
Even the first class nations you have, with money you can still purchase there citizenship for you and your families

I know big ogas here that purchased citizenship for there families and siblings

See there is a level of money you can't make in the US that you can still make in Nigeria as a business man into manufacturing, production and several other businesses

Infact the dollar transactions these guys do here, even if you work in the west for hundred years you won't make it

My own operandi, I am making my money here, go there to rest or do vacation, even if I want to rest several times in a year and keep on praying that a sensible leadership will come up soon or the nation goes into regions

Men are cashing out big time here, but na only those that have the eyes to see

4 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MrGoood: 5:44pm On Mar 07, 2021

First of all I won’t hit you hard even thou you challenge me in a very bad manner , First of all you re getting thing wrong , I can boost of three business and I always make Enquiry to invests more, I work with budget and budget is different from total income , You can have 50 business partners but your income is just one single record so use your sense, I run a factory in abk and i manufacture but I won’t say what I produce, If I want to relocate today I will save the money separately and won’t tamper with what I already have so be reasonable, You expect me to put big money in a new business, if a business can’t do well with 500,000 it can never do well with 50 million , Even oil, Yes quote me anywhere , If you want too save you have to forget about you touching your savings and spread your incomes then work with it . Example if you have 4 ways of making money , you will sacrifice one income as tools to grow , you don’t tamper with all your investment, one is good to know how far and if it’s bad you can easily move on without feeling heat , Note: I got the business plan that give me major income here on Nairaland and the video is still on Nairaland untouched and the poster is not aware someone was motivated by the video , Stay safe.

1 Like

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MrGoood: 5:45pm On Mar 07, 2021

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by omanzo02: 5:45pm On Mar 07, 2021

golddust6000:
An average Nigerian in US don’t save 5m yearly.
All these people on the comment section don’t know how US or Europe works, you may die while working, you will age faster than your younger brother in Nigeria, you will likely fall sick by tomuch work overload.
At the end of every year you will realise that you did not save up to 4m.
Here you can’t escape tax, you ca never escape it. You will work for the government till you die, be wise.

Exactly!

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by overseasnbeyond: 5:47pm On Mar 07, 2021

WHAT IS YOUR WORTH? STOP POSTING RUBBISH HERE, THINKING YOU ARE WISE.
I WORK IN UNITED STATES AND I MADE FUCKING $91,000 YEARLY POST YOUR BUSINESS REAL INCOME MR MAN WITH 200K MONTHLY INCOME

MrGoood:

First of all I won’t hit you hard even thou you challenge me in a very bad manner , First of all you re getting thing wrong , I can boost of three business and I always make Enquiry to invests more, I work with budget and budget is different from total income , You can have 50 business partners but your income is just one single record so use your sense, I run a factory in abk and i manufacture but I won’t say what I produce, If I want to relocate today I will save the money separately and won’t tamper with what I already have

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Kettlecorn: 5:56pm On Mar 07, 2021

It is foolhardy to jump into these kinds of discussions on Nairaland, but what the heck, It's Sunday and I have nothing better to do right now. First, the comparisons on this thread do not make sense. The OP claims to save 22 million Naira a year in Nigeria which would probably put him in the top 0.5% of Nigerian earners in the country. Most of the comparisons here are against low wage/minimum wage earners in the US which makes absolutely no sense at all.
Second, In these types of discussions, I like to ask big picture questions. He said he saves 22 million a year and doesn't do this that and the other. FOR WHAT? Why do you need to save that much? This is where the big picture comes in. He has to save for healthcare, retirement, school fees, inflation, calamities, seed money for his business etc. The minimum wage earner you are comparing against in the US is covered for those things provided they are legal and paying taxes. They will be covered if they fall sick and earn social security or a pension in countries like Canada when they retire. Public schools, which are mostly good are paid for by their taxes. One other thing to point out in the big picture. In 2015, the Naira was 200 to the dollar. In 2021, it is exchanging for 480 to the dollar. In six years or less, your savings have devalued by more than 50%. You cannot just compare Naira savings to dollar savings in these types of discussions. A Nigerian in Nigeria is just EXISTING! People in the diaspora are actually LIVING. The difference between existing and living is this. When you exist, you do the things you need to do in order to stay alive; when you live, you do the things you want to do in order to enjoy your life. Existing is all about survival which is what people are currently doing in Nigeria. When will you get a chance to actually live in Nigeria?

15 Likes 1 Share

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by omoyankee3(m): 6:02pm On Mar 07, 2021

Many Nigerians in the US don't even make that much. And even if they do, they have bills, insurance, taxes etc

2 Likes 1 Share

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by tempest01(m): 6:04pm On Mar 07, 2021

bignero:

Lol, how will he even see what i wrote..

Me broke, lol.

Your the one that has shown how frustrated /broke you are.. Smoke like truth cant be hidden..

Your English even gives you away.. I no go follow you enter your frustrated state.. Na to sorry for you

Mumu. If your brain can't make out that predictive text changed your to you're then you are on your own.

I am guessing you are like the OP, claiming to have it all and know it all but writing IELTS repeatedly to leave the country.

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by ttoyetade: 6:04pm On Mar 07, 2021

Cocao:
The truth is that this guy is not looking to leave Nigeria or his business. He is in a contest of some sort between who earns more. Him or someone in the US and he's trying so hard to justify that he makes more. Remember he constantly asked for someone to tell him their exact savings.

He has no issue cutting off his family so he can save more, or being with a partner. It is obvious this kind of person will literally do anything for money and is threatened when his money is threatened.

He does not want to hear that anyone he knows is doing better. This fear kicked in when he saw first a lady that spent 12m, then he constantly refers to himself as poor. He is trying to compensate for what attributes he does not have using money.

Brother, money is a lot, but it is not everything. You are not in a competition with anyone. Saving 22 million a year cannot make up for some things that family and friends will bring to you. Stay on your lane and do what is best for you. But most importantly, enjoy your life with the people you love that loves you.

Thank you for your intelligent contribution. An average Nigerian is always in competition with others about money. Money is not everything. Probably the OP missed the opportunity of going to US some time ago and he want to justify himself that he is still doing well despite the miss. You can't compare people doing well in US or Western World to yourself at all. Your N22m savings to day will loose its value with the depreciation of Naira. Also some abroad may not be earning much but they are living in Properties which could be more than $500k and could be sold if they have to return home

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MrGoood: 6:07pm On Mar 07, 2021

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by grandlexuz(m): 6:08pm On Mar 07, 2021

PDJT:

-Thank you. I will show this your comment to my first wife.

You got me rolling on this one. Wish someone would say same to me so I could put it on my WhatsApp status; for same purpose too. Lol

1 Like

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by banmee(m): 6:15pm On Mar 07, 2021

Jaqenhghar:

Exactly

Lol...

1 Like

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by Lotechi(m): 6:18pm On Mar 07, 2021

MrGoood:
I am a businessman and the thing is I am in for money in any choice I make. I made around 22 million in savings last year. Though I cut family and girlfriends off my life to achieve that and am in Nigeria.

But seeing the doings of people outside The country, there was an America based lady that spent over 12 million naira on her mother's burial. For her to spend that much I believe she will have 20x of that amount.

At least for an upright thinking fellow, I feel like am making less so am thinking of relocating. Can I make over 22 million yearly in savings in USA, If no how much can I save? Talk from your personal experience pls, Let stop deceiving each other pls, How much did you save annually in USA? Please let be sincere.

In the U.S, it is not about saving, it’s you having endless opportunities when you are legally allowed to work. Someone can be a Walmart employee and own a 2020 vehicle model.

1 Like

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by banmee(m): 6:18pm On Mar 07, 2021

Optional09:

If you earn 36k a year 5m is too much to save even with overtime. For $15hourly rate which is the average earning of most Nigerians

I can't believe that in 2021 people are still talking about saving money. How is this possible? The level of financial illiteracy in the world is mind boggling

3 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MrGoood: 6:23pm On Mar 07, 2021

overseasnbeyond:
WHAT IS YOUR WORTH? STOP POSTING RUBBISH HERE, THINKING YOU ARE WISE.
I WORK IN UNITED STATES AND I MADE FUCKING $91,000 YEARLY POST YOUR BUSINESS REAL INCOME MR MAN WITH 200K MONTHLY INCOME

I can boost of three business and I always make Enquiry to invests more, I work with budget and budget is different from total income , You can have 50 business partners but your income is just one single record so use your sense, I manufacture but I won’t say what I produce, If I want to relocate today I will save the money separately and won’t tamper with what I already have so be reasonable, You expect me to put big money in a new business, if a business can’t do well with 500,000 it can never do well with 50 million , Even oil, Yes quote me anywhere , If you want too save you have to forget about you touching your savings and spread your incomes then work with it . Example if you have 4 ways of making money , you will sacrifice one income as tools to grow , you don’t tamper with all your investment, one is good to know how far and if it’s bad you can easily move on without feeling heat , Note: I got the business plan that give me major income here on Nairaland and the video is still on Nairaland untouched and the poster is not aware someone was motivated by the video , Stay safe.

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by nextstep(m): 6:25pm On Mar 07, 2021

MrGoood:
I am a businessman and the thing is I am in for money in any choice I make. I made around 22 million in savings last year. Though I cut family and girlfriends off my life to achieve that and am in Nigeria.

But seeing the doings of people outside The country, there was an America based lady that spent over 12 million naira on her mother's burial. For her to spend that much I believe she will have 20x of that amount.

At least for an upright thinking fellow, I feel like am making less so am thinking of relocating. Can I make over 22 million yearly in savings in USA, If no how much can I save? Talk from your personal experience pls, Let stop deceiving each other pls, How much did you save annually in USA? Please let be sincere.

According to American statistics, "... nearly 70 percent of Americans have less than $1,000 stashed away, according to GOBankingRates' 2019 savings survey.", "most Americans don't have enough savings to cover a $1,000 emergency", and "the typical American household has an average of $8,863 saved up"

https://www.cnbc.com/2019/01/23/most-americans-dont-have-the-savings-to-cover-a-1000-emergency.html

This is a survey of average, middle-class Americans. This is their total liquid* saving even after 10+ years of working. I can only assume the average would be worse for recent immigrants, though by being focused, a Nigerian immigrant can do much better than the average.

I have two good friends who are earning around $70k and $85k annually, and with focused effort, they are able to send $6-8k to build their homes here in Nigeria. If one is focused, it can be done, but it's not easy - even for Americans - to put together that kind of money annually.

If you're able to save 22milli here in Nigeria, bros, you are way ahead of most Americans. Then again, if you take that same drive that makes you successful, you could become a millionaire if you move to US.

Far too many people on that side borrow money to pay for things way beyond their means - cars, plane tickets, and perhaps funeral expenses...

*By definition, liquid does not include home, retirement money, etc.

4 Likes

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MyAmericandream(f): 6:25pm On Mar 07, 2021

Ibrahimmrfish:

What part of U.S do u live? In U.S Saint Thomas, a two room apartment is $1300 per month.

Here is Chicago you can go for what you can afford. I have lived in a two bed for 850. I have also lived in a 1 bed for 700.

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MrGoood: 6:27pm On Mar 07, 2021

Re: Nigerians In USA, Do You Save More Than N15 Million Yearly? by MrGoood: 6:30pm On Mar 07, 2021

(1) (2) (3) ... (5) (6) (7) (8) (9) (10) (11) ... (13) (Reply)

Africa's Fastest Trains Set To Be Shipped To Nigeria After Being Inspected. PICS / DON'T LISTEN TO Anyone Who Discourages You From Travelling Abroad / Lady Jumps Out Of A Moving Car In Abuja, Gets Injured (Photos)

(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. 69
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.