NewStats: 3,263,668 , 8,180,952 topics. Date: Saturday, 07 June 2025 at 07:59 AM 4u3oo

1Alex:
I am into cyber security. There are so many of them. It depends on your interest

how do I start cyber security?
Will YouTube videos help or it's a one on one coaching stuff?
Also will I be getting jobs when I'm done learning?

Telltruth123:
My advice to salary earners, I am a graduate of ing and I have been working for the past 12 years but presently I don't have any savings. I have made some mistakes during this journey.
Below are my advice to salary earners so that you won't live in regrets as I am presently:

1. Save at least 20% of your earnings you can increase it if you have the capacity but it must not be below 20%, you can save it in a co-operative society, I learned that after some few months, they will lend you three times of the money you save with low interest rate.

2.Try and have a business plan, calculate the amount you will need for the business and save towards it, you don't need to leave your work unless it grows to a certain level that can pay 3 times your salary.

3. Don't touch your savings unless for business, it is good to save it where you can't easily access it , co-operative society, bank with instructions on duration etc

4. Don't entrust your business with family , they don't take it serious, I have bad experience with this and I am regretting it.

5. Don't lend out your savings, people might not return it, I have bad experience with this and I am regretting it.

6. If you are working in a company where you have access to loan, please make use of the opportunity as the interest rate is low invest it in a business, there is no access to loan in my company so I don't have the opportunity..

7. Lastly know that you can't be young for life make sure you have a business running for you so that when the work force is rejecting your age limit, you will have something to fall back on
I reject poverty for me and you.
Thank you.

Nice one. Thank you for the best wishes, prayers and practical tips.
Let me add that you can invest in the shares of great companies on Nigeria Stock Exchange and buy fixed income instruments like bonds so that your savings is actually working for you.

Tiliphoto123:
Which tech skill can one learn pls

Social Media management as any business not on social media is loosing money already.

In this Tinubu's regime the proceeds of your monthly salary hardly lasts you nor cover up your basic necessities till month end.
So where you wan take use save?

FreeStuffsNG:

Nice one. Thank you for the best wishes, prayers and practical tips.
Let me add that you can invest in the shares of great companies on Nigeria Stock Exchange and buy fixed income instruments like bonds so that your savings is actually working for you.

your lord and master Tinubu is a criminal and a vagabond

JobAndVacancies:
how do I start cyber security?
Will YouTube videos help or it's a one on one coaching stuff?
Also will I be getting jobs when I'm done learning?

I did with Cisco Networking Academy

pendusky:
Thanks for advice too... I have two side hustle... And currently investing in dollars... And currently earning 2% daily... Don't ask me how

If you want to know click on the link to while you can reach out via mail to put you through.... Minimum capital is 100$

https://cbex9.com?code=686t4b2itg00

JobAndVacancies:
In this Tinubu's regime the proceeds of your monthly salary hardly lasts you nor cover up your basic necessities till month end.
So where you wan take use save?

Continue to complain, as I was once like you until I started taking action and steps to achieve what I want

1Alex:
I did with Cisco Networking Academy

virtual?
Have you been getting jobs/gigs since you finished?

Meerahbel:
Continue to complain, as I was once like you until I started taking action and steps to achieve what I want

shut up.
How can you save with a salary of 60k below

AfahaAbia:


There is no formula in all this you said up there. You can save millions today, a terrible emergency can take it all tomorrow. For me with over 15 years experience working I would advise any young person today not to focus on savings alone but to invest as much as possible from your 20s and beyond. Try to also keep money in your pension (another way of investing for retirement)even if you have contributions made by your employer already. I personally have over 100million naira(which will still increase as time goes on)in my pension which I can not access till I'm in my 50s.. All im saying is thàt invest more than save.

My rules
1.. Invest in Prayers..
2.. Stock market ..(Both local and Foreign)
3. Money Market and Fixed Income
4. Real Estate

JobAndVacancies:
virtual?
Have you been getting jobs/gigs since you finished?

I am not looking for jobs yet, I am still advancing in the field

Must everybody do business?

Ibechris2:
Practically,I have done all of the above and thank God I did it early.

I work where I earn 250k gross but honestly,my side income is equivalent of my five years salary and I am a level 12 officer soon to resign from this job.

All what u have said is nothing but the truth.

For young men and women in their 20's, start early and refrain from gambling and wastages of keeping girl friends here and there. They are bunch of distraction and same applies to ladies who wants to be focus,leave men alone and focuss on your ambitions.

I always tell them, start your exit plan, from level 9-10 but you ll see most of them at level 14-15 trying to extend their stay in service cos they don't have savings or retired plan. Monthly salary can make you less adventurous in discovering other ways you can make money

MONEY247:
What of us that our salary can only make up for feeding.... and there's no extra to save..

Like I earn 30k a month...

A gate man built a house 🏡 in Buhari regime, start small and grow.

Annahh:
Must everybody do business?

But everyone can invest.

Willie2015:


My rules
1.. Invest in Prayers..
2.. Stock market ..(Both local and Foreign)
3. Money Market and Fixed Income
4. Real Estate

The bolded is a cheat code.
For instance, you buy a land for say 50,000 in 1990, today that land is worth more than 15million naira, you can decide to sell and go but an acre some other place. When you buy the acre, you self a plot or two and go to another place buy an acre and repeat.

Nice, practicable steps.

1Alex:
I am not looking for jobs yet, I am still advancing in the field

You can check JobZoneNG on telegram for jobs and gigs.

Telltruth123:
My advice to salary earners, I am a graduate of ing and I have been working for the past 12 years but presently I don't have any savings. I have made some mistakes during this journey.
Below are my advice to salary earners so that you won't live in regrets as I am presently:

Hmmmm....Salary earners.

1. Save at least 20% of your earnings you can increase it if you have the capacity but it must not be below 20%, you can save it in a co-operative society, I learned that after some few months, they will lend you three times of the money you save with low interest rate.

Bad suggestion if you earn naira. If dollars, or any stable fx...Great.

2.Try and have a business plan, calculate the amount you will need for the business and save towards it, you don't need to leave your work unless it grows to a certain level that can pay 3 times your salary.

You have a business plan when you have a business idea. Get the idea first. Saving towards setting up a business can only be done if you earn fx. And even you live in foreign nation, it is almost impossible to start a good business with personal savings, except, it is a micro business...or services that require only ones brain. As soon as it requires purchasing assest and paying expenses, savings don't help.

3. Don't touch your savings unless for business, it is good to save it where you can't easily access it , co-operative society, bank with instructions on duration etc

Ask people who earned N500k monthly 5 years ago and saved. Ask them the value of their savings presently. Hmmmm

4. Don't entrust your business with family , they don't take it serious, I have bad experience with this and I am regretting it.

Yeah. I agree.

5. Don't lend out your savings, people might not return it, I have bad experience with this and I am regretting it.

Don't even lend out your money, but give. When you give out, you don't expect it back.

6. If you are working in a company where you have access to loan, please make use of the opportunity as the interest rate is low invest it in a business, there is no access to loan in my company so I don't have the opportunity..

Salary earners are loan takers. Lol. Recipe for bankruptcy. It is the truth.

7. Lastly know that you can't be young for life make sure you have a business running for you so that when the work force is rejecting your age limit, you will have something to fall back on
I reject poverty for me and you.
Thank you.

You don't need to run any other business before you make side income. You should learn other vehicles of income. You are only focusing on business establishment which rarely works. Go check data....After 5 years, over 95% new business collapse.

Lolzzzzz 🤣

When your take home pay can't even feed

Pentagon007:
I am currently doing all that you said. My net salary is around 300k. At the end of every month i try to save upto 200k. I must say its quite difficult but the trick is that i do the saving FIRST, then use whatever that remains for my expenses.
I intend to save a reasonable amount then i learn a trade and go into business.

I did something like this when my net salary was 200K 10 years ago. I used the savings to buy 32 plots of land for cash crop farming (houses have surrounded the place presently) and 4 plots of land for my proposed house. The properties I bought cheaply then have so much increased in value. I intend to use my savings with the cooperative to plant the Cash crop by April next year. Be careful while investing in business.

JobAndVacancies:
shut up.
How can you save with a salary of 60k below

Thank you for your response. You can save by either living below your means. Let assume you just got a job, you can squat with friend and when you want to get your own apartment go for a single room not a self contained. With 60k, save 20% that's N20,000 a year would give you 240,000, you can decide to buy a plot of land or invest in stocks market most especially foreign stocks., Treasury bill, or FG savings bonds (5000 to start by the way and you get interest quarterly) Your return can be used to pay monthly bill in the case of FG savings bonds school fees though or professional qualifications exams.

Everything is all about planing, the day you start taking actions and stop complaining or giving excuses you would see the difference. I hope this helps. I am rooting for you to win.

Hamachi:
Investing can be addictive. You may say when my portfolio get to 1 million I will do this or that. You soon find yourself trying to chase 1 billion and later 1 trillion etc.

I like it.

I've crossed some Tees in my investment portfolio (singular) the goal is more now, being prudent after getting burnt countless times taught me a lot.

And as a man of modest income, I dont lend people money, most of us are terrible when it comes to payback time.

Esthered:

It is and don't mislead people.

My MIL just warned me to restock in large quantities to cover as much as February.

Indomitable was 7500 last month and 8500 today.
Spaghetti was 19k last month and now 22k last week.
Dano 12g was 15k last month and now 16k
Lactogen was 6000 last month and I bought a carton 76k at 6300 last week.
Good mama liquid wash was 2k last month now 2500.
Milo was 27k in June but I bought it 32k last month. The list is endless.

If I had bought Lactogen in January when it was 4500, I wouldn't be crying today.
Which milo is 32k? Which size?

Bulk buying spreads the cost on quantity purchased and you get to bargain for a discount. It's cost saving to a reasonable extent.

Which milo is 32k, which size?

Femabol01:

I did something like this when my net salary was 200K 10 years ago. I used the savings to buy 32 plots of land for cash crop farming (houses have surrounded the place presently) and 4 plots of land for my proposed house. The properties I bought cheaply then have so much increased in value. I intend to use my savings with the cooperative to plant the Cash crop by April next year. Be careful while investing on business.

JobAndVacancies:
your lord and master Tinubu is a criminal and a vagabond
you will die a very painful death for being so heartless enough to you an evil istration that has thrown millions of Nigerians into pains
You will die a miserable death

So much for the uncouth horrible words from the abundance of your hate-filled heart.

Little wonder you are struggling to get a job and living an unfulfilled life of gambling, frustration and anger.

You lack character and this is the lot of most you. You're your own worst enemy aside the horrible upbringing you had watching failed, ungodly and unpatriotic elders around you insult and curse those God placed in authority.

Smh that a church wants to hire someone like you without doing a background check on you and investigating your online criminal cyberbullying activities and gambling addiction https://nairaland.unblockandhide.com/7752599/nairalanders-please-need-input-job

That church will not make any progress by hiring a person with serious character flaw like you because it goes against the counsel in Romans 13:1-5 and 1Pet.2:13-14.

Like OP was humble enough to it, your personal failure has absolutely nothing to do with this istration that's barely a year in office, you have been in your state way long before now and after the 8 years of President Asiwaju Tinubu you will still move on to find someone else but you to blame for your failures, horrible upbringing and life choices in life

NamelessOGBENI:

I like it.

I've crossed some Tees in my investment portfolio (singular) the goal is more now, being prudent after getting burnt countless times taught me a lot.

And as a man of modest income, I dont lend people money, most of us are terrible when it comes to payback time.

Nigerians are terrible debtors and I have learnt that the hard way.

Meerahbel:
The bolded is a cheat code.
For instance, you buy a land for say 50,000 in 1990, today that land is worth more than 15million naira, you can decide to sell and go but an acre some other place. When you buy the acre, you self a plot or two and go to another place buy an acre and repeat.

Motivational speaker oro 🤣

1990 to now, More than 30yrs

lereinter:


Lolzzzzz 🤣

When your take home pay can't even feed

Are you staying alone or with your parents or squatting?

FreeStuffsNG:

So much for the horrible words from the abundance of your hate-filled heart.

Little wonder you are struggling to get a job and living an unfulfilled life of frustration and anger.

You lack character and this is the lot of most you. You're your own worst enemy aside the horrible upbringing you had watching elders around you insult those God placed in authority. That church will not make any progress by hiring a person with serious character flaw like you because it goes against the counsel in Roman' 13:1-5 and 1Pet.2:13-14.

satan is quoting bible

FreeStuffsNG:

So much for the horrible words from the abundance of your hate-filled heart.

Little wonder you are struggling to get a job and living an unfulfilled life of frustration and anger.

You lack character and this is the lot of most you. You're your own worst enemy aside the horrible upbringing you had watching elders around you insult those God placed in authority. That church will not make any progress by hiring a person with serious character flaw like you because it goes against the counsel in Roman' 13:1-5 and 1Pet.2:13-14.

you will die a very painful death for being so heartless enough to you an evil istration that has thrown millions of Nigerians into pains
You will die a miserable death