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₦550k Still Looks Small As A Salary - Career - Nairaland 6w2g3a
₦550k Still Looks Small As A Salary (24910 Views)
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| Englishisamust: 9:17pm On Apr 18 |
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I have this my friend. He is a single tech guy. Just got a job of 550k per month. The guy was like the money no freak he dey too small.. Omo I won first slap aam say make I tell am how many people that are collecting below that amount as salary.. I just dey envy the guy... I wish I can be like him..  . Omo tech guys dey make moneyooo!!!
26 Likes 6 Shares |
| QuinQ: 9:24pm On Apr 18 |
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Well, 550K is about $400 Very good but not great 113 Likes 10 Shares |
| Fab21: 10:16pm On Apr 18 |
Englishisamust: What aspect of tech is he into? 12 Likes 6 Shares |
| femi4: 12:07am On Apr 19 |
Englishisamust:That's £275. Not really great 61 Likes 8 Shares |
| Rexymania(m): 7:01am On Apr 19 |
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Yes Depends on your budget If you live in Ajah, and working in Ikeja...1m sef will be like 200k 76 Likes 8 Shares |
| Englishisamust: 9:30am On Apr 19 |
QuinQ:Why is it not a great salary.. 15 Likes |
| Englishisamust: 9:30am On Apr 19 |
Rexymania: How i.dont believe this?? 4 Likes 2 Shares |
| Englishisamust: 9:30am On Apr 19 |
Fab21: Backend development 12 Likes 2 Shares |
| Acidosis(m): 10:02am On Apr 19 |
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Although Nigeria is in a bad shape, 550k is still great. More important is that we all have to live within our means. The value of money lies in how wisely you use it to meet your needs and achieve your goals. The figure is secondary. E.g., a good pair of shoes (not necessarily a branded original) typically starts at around 70k in Idumota. But, you can still get a good quality, custom-made pair from a local shoemaker in your neighborhood for half the price. Again, the value of money lies in your hands. Before you spend 20k eating out at one sitting as a single guy, think about paying a caterer to cook same food for you in your house. You will get more quantity (large enough to store), better taste, more value for your money, and better hygiene. Again, the value of money lies in your hands. 256 Likes 27 Shares |
| RENOWNED2(m): 10:25am On Apr 19 |
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It's an okay salary for a single guy. Not great by any means.
21 Likes 2 Shares |
| justdream(m): 10:55am On Apr 19 |
RENOWNED2: For family man nko? 2 Likes 1 Share |
| Babangidapikin: 11:52am On Apr 19 |
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He has to keep updating his skill set ..if he does that himself, that won't get him anywhere but if the firm pays for it, then he should manage.
7 Likes 2 Shares |
| brain54(m): 12:36pm On Apr 19 |
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I am not saying it's a great salary... It's fair. But why do the guys above have to convert to dollar and pound like that's the currency spent in Nigeria! 97 Likes 12 Shares |
| RENOWNED2(m): 12:58pm On Apr 19 |
justdream: Present day Nigeria if you want to have any savings as a married man, then say 800k 27 Likes 4 Shares |
| Niok: 2:26pm On Apr 19 |
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Na Helinues 18months salary u Dey use play like this o
53 Likes 2 Shares |
| Kobicove(m): 2:27pm On Apr 19 |
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Let's just say...550K is no longer what it used to be 
27 Likes 5 Shares |
| tempex88(m): 2:27pm On Apr 19 |
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It is small, too small but not bad for a start. Rent would take 100 to 200k monthly Same with transportation Nothing significant left to eat and develop oneself 16 Likes 7 Shares |
| iCauseTrouble: 2:27pm On Apr 19 |
| daveP(m): 2:28pm On Apr 19 |
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12/hr and 120/day. That's barely 3days wages in UK. He's right. It is small. But it looks big to any Nigerian graduate right now.
9 Likes 1 Share |
| NwaliE01: 2:29pm On Apr 19 |
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I can't work even N2m per month. To be sincere, it depends on your level of skills. N2M per month to me is an insult, and I mean it. 36 Likes 4 Shares |
| ibechris(m): 2:29pm On Apr 19 |
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U are a broke man.
6 Likes 4 Shares |
| israelmao(m): 2:30pm On Apr 19 |
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When you have not attained certain degree of financial status some thousands of naira may look big to you.The fact remains new level of financial status attracts bigger responsibilities and changes your taste.For instance,if a man manages to live in a low income environment in a one-room apartment by the time he begins to earn more he changes location and probably moves in into two-bedroom apartment and changes clique of friends.Again there are some people who constantly look up to you for financial aid that may be too hard for you to turn down hence the crave for more money.
19 Likes 1 Share |
| RevenuesBoost(f): 2:30pm On Apr 19 |
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He is right.
1 Like 1 Share |
| elasticlala: 2:30pm On Apr 19 |
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How many homes in Nigeria earn up to 300k monthly ?
43 Likes 4 Shares |
| Cj4charles(m): 2:31pm On Apr 19 |
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500k is no longer 500k three years ago.. that's the the level of damage Tinubu has done to this country
49 Likes 7 Shares |
| GboyegaD(m): 2:31pm On Apr 19 |
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To each his own. Most importantly, he should keep upgrading himself for better opportunities.
6 Likes 1 Share |
| nairalee(m): 2:31pm On Apr 19 |
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I know a guy wey dey collect over 3m a month yet e dey broke before month end. Whenever this guy dey complain I go just dey look myself for mirror dey shame.
20 Likes 2 Shares |
| ClearFlair: 2:31pm On Apr 19 |
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N550k is basic for a tech guy. Unless he's at a junior level
13 Likes 2 Shares |
| Robisky001(m): 2:31pm On Apr 19 |
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If he's an experienced hired it's too small for backend Dev.
7 Likes 2 Shares |
| Habbeyy: 2:31pm On Apr 19 |
QuinQ:why did you convert it to dollar? 19 Likes 1 Share |
| TheStranger: 2:31pm On Apr 19 |
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People survive on 70k
25 Likes |
| Difrent: 2:31pm On Apr 19 |
Rexymania: But why will you live in Ajah and work in ikeja, na so una like suffer reach? You are just working for your landlord and transporters 52 Likes 6 Shares |
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