
I almost replied the wrong thing here lol. My first reaction was “since when is Netflix only for 1M earners” and on a second thought, I realized I was completely missing the point.
The real argument is about what 500k actually looks like in Lagos once real life has taken from it.
Rent if you’re somewhere decent is at minimum 120k a month. Food for the month is around 60k if you’re being reasonable. Fuel or transport is 40k. Electricity between NEPA bills and generator fuel is about 25k. Data is 12k. Then family obligations, if that doesn’t even take everything.
500k means your parents know you’re earning. Your siblings have needs. Someone has school fees or a hospital bill somewhere. Even if you manage it tightly that’s another 40k. You’re already at roughly 300k gone and we haven’t touched savings at all.
You have about 200k left. Netflix is 8k. DSTV is 20k. Glovo once a week for the month is about 20k. That’s 48k more out of that 200k.
You’re sitting at around 150k with zero savings, zero emergency buffer, and the month still has outings, clothing, personal care and everything else life throws at you.
The moment you try to save anything meaningful, that 150k shrinks even further.
And that 150k is what the whole lifestyle stack is sitting on. Not 500k. 150k. So it was never about whether Netflix or DSTV being affordable.
The problem is that by the time you get to those things, you’re not spending from your salary anymore. You’re spending from the leftover. And the leftover is already thin before any of that even starts.
Ayo@ayo_solace
Most of them are earning N500k, but they want to be using the same products and services that N1mn earners are using, then they will say they cannot save 🤣🤣 You dey earn N500k, but you wan dey subscribe N8k netflix monthly, N20k DSTV, and dey order Glovo every week. Oya nau 🤣🤣
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