Skip to main content

MUST READ!!! 5 Things That Consumes Most Nigerians Money (No 3. Can Wreck You)

It's not your profit that makes you rich but rather your ways of managing money. At the point when individuals grumble about hardship and absence of cash, they neglect to glance back at how they had spent the last cash earned. There are some seemingly insignificant details individuals burn through cash on without realizing that amassing of those easily overlooked details will add up to huge costs subsequently rendering one poverty stricken. The following are top 5 things that channels all Nigerians' financial balance 1. Mobile PhonesNo doubt, mobile phones are important to our daily life but the struggle to use latest mobile phone gadget pose a major threat to financial life of many Nigerians. Research had it that an average Nigerian change phone at least twice in a year. Some people go as far as using their life savings to buy latest phone just to level up. Somebody using iPhone 8 wants to upgrade to iPhone X when another iPhone XI is already out. At the end of the day, these phones still serve almost the same function, with little adjustment. 2. Recharge Cards For Call & Browsing Data
Changing phones like clothes is not enough but recharging the phones for calls and browsing is another money draining things we spend too much money on. In all indications, network providers are benefiting immensely from spending habit of Nigerians when it comes to recharging and data usage. On the average, Nigerians spend over ₦5,000 on data monthly. We wish to spend less on Data but Instagram Videos, YouTube Videos, Whatsapp Status and the rest won’t let us.
> 3. Fueling Generator & Car
It’s sad that Nigeria is a country where you will use over N10,000 fuel just to enjoy your N2,000 GOTV subscription. Poor power supply in Nigeria is draining the pockets of everyone and the fact that you will still have to pay PHCN bill again after spending much on fuel makes the country more frustrating. For those that have car too, with ₦145 per liter fuel rates, it is less expensive to use Public transport than a Private car. 4. Alcohol
Taking a look at records of Alcohol consumption in Nigeria in past years, it is quite obvious that Nigerians spend more on alcohol consumption. As a matter of fact, guys are now balling with no budget. 5. Transportation
Only Lagosians will understand that transportation takes away a larger part of one’s income. Many people work far away from home, so going to work everyday drains money. Thank You All For Reading Now The Question Is 👇 Which Of The Above Drains Your Income The Most? What Other Things Do You Think Should Be Added To This List? Drop your comment!

Comments

Post a Comment

Popular posts from this blog

IMF making progress on new Argentina crisis loan deal

Worldwide Monetary Fund authorities are "gaining vital ground" on another emergency credit bargain for disturbed Argentina, which keeps on observing its money decay, the reserve said Monday. The group in Buenos Aires proceeds with work to concur on another bundle of measures that would permit quick endorsement by the leading group of the loaning organization, the IMF said in an announcement. The IMF and Buenos Aires concurred in June on a three-year, $50 billion safeguard loaning program however Argentina has since requested a more quick payment. The IMF mission has held meetings with the economic team and central bank in Buenos Aires over the past week and “important progress is being made toward strengthening Argentina’s economic policy plan, supported by a Stand-By Arrangement with the IMF,” the statement said. “We are working hard to conclude these staff-level talks in short order and present a proposal to the IMF Executive Board.” Buenos Aires has received $15 billion so...
Post a Comment
Read more

Obaseki rallies EU museums, others for return of Benin stolen artefacts

…assures timely completion of Benin Royal Museum The Edo State Governor, Mr. Godwin Obaseki, has stepped up the campaign for the return of prized Benin heritage objects looted from the Benin Kingdom during the British invasion of the kingdom in 1897. To assuage the worries of global stakeholders over the safety of the artefacts when returned, Obaseki has reiterated that work on the Royal Benin Museum will be expedited to house the artefacts. According to the governor, “We will not relent in our quest and clamour for the return of these valuable works that were carted away from our state in 1897.  “The objects mean a lot to our people as they represent our history, culture, our creative ability and in some quarters, these art works mean much more.”  He further said that consultations with all the interest groups will continue to ensure that the return process is seamless.  Recall that the governor gave similar assurance during the second coronation anniversary of ...
Post a Comment
Read more

EFCC, Customs Place Fayose On Watch List

Expecting that the Ekiti State senator, Ayodele Fayose, could escape the nation to escape arraignment, the Economic and Financial Crimes Commission (EFCC) and the Nigeria Customs Service have set the active representative on its watch list and is prepared to capture him on the off chance that he attempts to leave the nation. This became known after a letter composed by the EFCC to the Nigeria Customs Service requesting that Fayose be watch-recorded for affirmed offenses verging on manhandle of office, tax evasion, burglary et cetera. The letter, dated September 12, 2018 and marked by the acting EFCC director, Ibrahim Magu, was gotten on September 13 and followed up on September 14. Some portion of the letter routed to the controller general of traditions noticed that "there is a sensible doubt recommending that he (Fayose) may probably leave the nation either through the land outskirts, air terminals or seaports with a specific end goal to dodge examination. Thus, you are compassi...
Post a Comment
Read more