NewStats: 3,263,986 , 8,182,159 topics. Date: Monday, 09 June 2025 at 07:50 AM e3t1h

Nothing!

50k

Make sure you keep 10% aside by any means as your personal savings apart from the money you set aside for rent, tithe, transportation, feeding etc

9jabox:
Spend everything.

You fit die tomorrow and next of kin go flex your savings.

Bitter truth!

My hommies father died about a decade ago, and you need see how this guys life changed overnight.

The father could not even spend his own money the way the son is doing.

That man must be angry in heaven

The cost of living and daily expenses is very high.. still it’s very important not to spend all you earn on other people .. I will suggest you save 15% monthly and 5% monthly for emergency funds .. The remain should be spent wisely as you please..

kernniejay:

I dislike these kind of questions. Things like this is supposed to be strictly a personal decision. You are the one that knows what you are aiming at financially and what expenses you incurred regularly. I believe you are older than 18 years so you are an adult, no more a minor. You work for your money so set your own financial goal by yourself.

I don't know what is wrong with the thinking faculties of people like the OP

If you are incapable of making these sort of decisions on your own without bringing them to the internet then you are unfit to be called an adult and should still be living with your parents

Save 15% irrespective of what you earn.

This thread is just to tell us that you have to gotten a job, congrats anyway

I don't know how you expect people that do not know your expenses, your family background to tell you how much to save

My advice for you is to make sure you look for a better paying job, before thinking of settling down

JOHNFBOSCO:
Good day Nairalanders. I Recently got this job, after several attempts of applying both online and offline. My monthly salary is average #75,000 per month, I used the word "Average" because its not static. Sometimes it could lower, as low as 60,000 and hardly sur 90,000...so it's a commission work.

And we all know commission work is not reliable, you could be fired anytime. So please my question is, with the Nigeria standard of living, couple with the recent economic hardship, so now, the question is how much is ideal to save per month from this Salary.

To and fro from my work place is around 850 per day. We report to office 3  or 4 times in a week sometimes. I noticed that at tmes I even struggled to survive on 60k a month, minus miscellaneous oooo...chai e no easy (p.s. single and I stay alone)

Nawa o

JOHNFBOSCO:
Good day Nairalanders. I Recently got this job, after several attempts of applying both online and offline. My monthly salary is average #75,000 per month, I used the word "Average" because its not static. Sometimes it could lower, as low as 60,000 and hardly sur 90,000...so it's a commission work.

And we all know commission work is not reliable, you could be fired anytime. So please my question is, with the Nigeria standard of living, couple with the recent economic hardship, so now, the question is how much is ideal to save per month from this Salary.

To and fro from my work place is around 850 per day. We report to office 3  or 4 times in a week sometimes. I noticed that at tmes I even struggled to survive on 60k a month, minus miscellaneous oooo...chai e no easy (p.s. single and I stay alone)

A rule of the thumb is 10% but if you can fleece yourself, do 20%

Unperturbedpota:


I don't know what is wrong with the thinking faculties of people like the OP

If you are incapable of making these sort of decisions on your own without bringing them to the internet then you are unfit to be called an adult and should still be living with your parents

He wants inputs bro, although I agree with you. This should be easily determinable by any one, but heck..

Samueltemi337:
What's 75k
That's like the amount I use for my daily sub
Go find better work

Is at New Zealand where you are working as a student that you spend 75k for daily sub? As if make I use 2x2 take greet you

Samueltemi337:
What's 75k
That's like the amount I use for my daily sub
Go find better work

See this hungry. Beggy-beggy mofo dey form big man

tony0806:


Is at New Zealand where you are working as a student that you spend 75k for daily sub? As if make I use 2x2 take greet you

2020 I was planning to go to New Zealand as a student
But 2021 I became a billionaire and I have been living my best life since then
FYI my daily sub is 100k when I am in Nigeria

post=124045985:
Save Nothing Less Than 35,000naira Monthly

Don't Forget To Thank

No more bad news…?

That’s gooood!

Samueltemi337:
What's 75k
That's like the amount I use for my daily sub
Go find better work

God abeg oh, everyone is not equal


Udo Dirigi

MASTAkiLLAh:
Make sure you keep 10% aside by any means as your personal savings apart from the money you set aside for rent, tithe, transportation, feeding etc

He earns averagely 70,000 monthly:

Transport - 15,000

Feeding (2 square meals at least) - 25,000 (especially if he doesn't cook)

Rent (assuming he get mind to live alone) - 10,000 monthly (at least 100,000 - 120,000 per annum)

Calls/Data costs - about 5,000 monthly

Health Allowance - about 2000 monthly

Electricity/Utilities - at least 6,000 monthly

Miscellaneous (You never know) - 5,000

Total - Roughly #68,000 per month


Abeg, where the 10% savings wan come from??!

Samueltemi337:
What's 75k
That's like the amount I use for my daily sub
Go find better work

75k for sub
Come and buy phone for me sir

Samueltemi337:
2020 I was planning to go to New Zealand as a student
But 2021 I became a billionaire and I have been living my best life since then
FYI my daily sub is 100k when I am in Nigeria

Share a screenshot of a 100k daily sub. We no de fall for this kind one

tony0806:
50k

*Modified*
Relocate to a place closer to your work place. Assuming you go to work 5 times in a week. In about 24 working days, you would have spent 850*5 = #20,400.
Your salary minus YOUR TP is about 54,600 naira.

Rich people ONLY SPEND what's left after THEY HAVE SAVED.

If you save up to 300k to 400k naira, just buy a small land and see it appreciate in value. I drop my pen here

Very reasonable able sir, I am working on that

kernniejay:

I dislike these kind of questions. Things like this is supposed to be strictly a personal decision. You are the one that knows what you are aiming at financially and what expenses you incurred regularly. I believe you are older than 18 years so you are an adult, no more a minor. You work for your money so set your own financial goal by yourself.

just tell him he cannot save anything because of what we are facing now.

Yabsun:
Your location is a huge factor here. 75k in Lagos and Abuja… hhmm

I based here in PH, though I also Don't pay rent where I stay

Well at least I knew a banker , a graduate though few years back who earned less than half of your pay

The best way to safeguard your financial future is a stake in real estate
Here are affordable Land whose payment can be spread for 12 months max.

Whatsapp only zero seven zero three seven eight four eight three eight two

Have a look

Prices subject to upward review soon

Angelfrost:


He earns averagely 70,000 monthly:

Transport - 15,000

Feeding (2 square meals at least) - 25,000 (especially if he doesn't cook)

Rent (assuming he get mind to live alone) - 10,000 monthly (at least 100,000 - 120,000 per annum)

Calls/Data costs - about 5,000 monthly

Health Allowance - about 2000 monthly

Electricity/Utilities - at least 6,000 monthly

Miscellaneous (You never know) - 5,000

Total - Roughly #68,000 per month


Abeg, where the 10% savings wan come from??!

na there the problem dey but if he can hack stubbornly keeping 10% aside for himself monthly then he'll go very far in life financially since we all know that any money you make belongs to other people like those you mentioned
He should just try, whatever he realises as savings at the end of a year should be put in a business which he has researched and learnt all he needs to know about during the year

Samueltemi337:
What's 75k
That's like the amount I use for my daily sub
Go find better work


My bitch Candidlady will attest to this

idiot you fit dey send m 75k for free every month.... useless thing

75k and u still wan save
Na why some of una de do fraud for office be this ooo

[color=#990000][/color]
Ask your pastor, girl friend and if possible your street niga your hangout with, let us be madding together

with the current state of Nigerian Economy, i do not think there is anything worth saving. AFter you factored transport, feeding, monthly bills and other miscancellous expenses,

BigBlackPreek:
Try and save 20k per month and stay from women , e get why.

Lol. Make him go buy soap abi. If he is a fine boy, he can get an average or ugly looking rich lady. Don’t tell him to stay completely away from woman. Na woman make me who I be today