Komkom Wallet
9 posts

Komkom Wallet retweetledi

@maxvayshia Safe to say that this is the situation in Nigeria now, I won’t even lie, we’re feeling it too.
You earn more but somehow afford less, that’s the part nobody prepares you for.
At some point, you realize the issue isn’t just income, it’s where the money is sitting.
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In what ever you do, ensure you save in dollars.
Your Naira won’t save you.
Slim@onu_slim
If you earn ₦300k monthly, train yourself to live on ₦200k. Save ₦50k and invest ₦50k every month. In one year you would have saved ₦600k and invested another ₦600k. In five years, that discipline alone puts you over ₦6M excluding investment growth. Wealth rarely starts with millions. It starts with structure.
English

In whatever you do, ensure you’re saving in Dollars.
Your naira won’t save you.
Slim@onu_slim
If you earn ₦300k monthly, train yourself to live on ₦200k. Save ₦50k and invest ₦50k every month. In one year you would have saved ₦600k and invested another ₦600k. In five years, that discipline alone puts you over ₦6M excluding investment growth. Wealth rarely starts with millions. It starts with structure.
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@47kasz You’re not broke, you’re saving in a currency that’s getting poorer.
Imagine saving that same 175k monthly in dollars instead of naira for 6 months.
The real problem isn’t just income, it’s where you store value.
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I’m an average Nigerian and my Salary is 250k per month
Rent= 1.1mper year
Transport =2500 to and fro (keke and danfo)
2500x30 days =75,000 om transport monthly
250k-75k=175k monthly(net after deduction transport)
175k x 6= 1.050m.. I’m saving 6months net salary to pay rent
After the whole year I have another 1.050m to cover feeding, clothes, light bills, buy fuel for gen , internet bill and any other emergency that might occur in the whole year(hospital, family and all)
Now as a 30yr old male… tell me how he wants to think of starting a family or owning a car?????
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