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Author Topic: Food Consumed Half of a Man's Savings  (Read 246 times)
Israelgogo (OP)
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August 20, 2025, 12:05:17 AM
Merited by Hatchy (1)
 #1

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money. With the current economy situation in Nigeria, 50k is enough for anything sustainable or to encourage good savings habits.

Most people even still displeased themselves of good food, good house and clothes to see if they can save money for the future we're not yet thete.
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August 20, 2025, 12:53:34 AM
Merited by Cookdata (2)
 #2

What are the basic things of live? Food, clothing and housing (which is shelter)
Why do we work? simply to get these 3 basic things right?, but whenever all these are met then it's left for us to work additional or source for more skills that could put additional more money into our pocket. The major reason why most people hasn't been able to change or shift from their current situation and predicaments is that they are too comfortable where they are, to effect a change you have to strike on change otherwise things can't be done properly couples with the current economy situation at hand where money has no longer value.

You can't make used of 50k for per week talk less of a month, with a man who has family responsibilities couples with relatives, how on earth would they cope if they are being paid less $25 per month. Apparently, it's better to go source for multiple stream income or even having a personal business to run than working for someone who is paying less 60k per month and even though its 90k it doesn't still seems to solve anything except such person is single and has no children surrounding them.

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August 20, 2025, 05:30:46 AM
 #3

No chop na, make hungry wound you. No forget say na who dey alive dey count money wey him get. Once person don kick bucket, those money don go to waste. As person wey smart, food no supposed be Ur problem na your basic needs so even if na 5 naira U dey make, dat 5 naira go be for U to take chop.

Some people go dey think of investing small for inside the shikele money wey dem dey manage make. but Omo, no go kill Ur self o!! Chop well make U fit make more money. Investment fit come later.

R


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August 21, 2025, 10:01:28 AM
Merited by Tungbulu (2), Ruttoshi (1), Jostern (1)
 #4

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money. With the current economy situation in Nigeria, 50k is enough for anything sustainable or to encourage good savings habits.

Most people even still displeased themselves of good food, good house and clothes to see if they can save money for the future we're not yet thete.
Many people dey leave from hand to mouth any money way then make dey enter for food why this be like this na because food items too dey costly now 50k as a salary na pin nut now before month go end dept don full man head this one way I dey talk na for single man ooh am not talking of a man with family since government no wan provide better work for their citizens mk them try reduce the price of food items. 2k food no fit dey you ok now for restaurant.

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August 21, 2025, 10:19:20 AM
 #5

Food really takes a lot of our money but the we shouldn't spend a lot of money on food because even Christ also said it on the holy books that man shall not leave by bread alone. As we spend on food we should also make plans for investment. However what really makes food to take a lot of our money is because of the situation we are all facing in Nigeria. We know that the economy is getting worse everyday and things are increasing in price, which is why we should spend wisely when it gives to food because after spending fur food in the morning you might also spend in the afternoon.
The way way to spend less in this economy when it comes to food is meal planning and setting a budget per month or per day, depending on how you can handle the situation, but all this depends on the how much you earn by the end of the month.

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August 21, 2025, 11:29:34 AM
 #6

What are the basic things of live? Food, clothing and housing (which is shelter)
Why do we work? simply to get these 3 basic things right?
Even sef, of all d three na food matta pass.
Food na d major thing wey make all of us dey here to hustle. Whether we realized am before now or not, na d koko be dat. Food matta dat much wet make even Jesus add am join for Our Lord's prayer – Give us awa daily bread ..– If we comot food matta, many of us go just lay back and relax. For my language, dem go sey "if we remove belle (stomach) wetin man dey hustle for again?"

Quote
The major reason why most people hasn't been able to change or shift from their current situation and predicaments is that they are too comfortable where they are, to effect a change you have to strike on change...
Na true be dis. Honestly, this Gen–Z dem dey very lucky. D internet just make so many things very easy to do. Earnings now nor supposed dey hard for young people. I mean those wey sabi wetin dem want. No young persin supposed dey go meet wan uncle or aunt for work. Be ur own company. Learn relevant skills, especially online skills and know how to position and earn from am.

Quote
You can't make used of 50k for per week talk less of a month, with a man who has family responsibilities couples with relatives, how on earth would they cope if they are being paid less $25 per month. Apparently, it's better to go source for multiple stream income or even having a personal business to run than working for someone who is paying less 60k per month and even though its 90k it doesn't still seems to solve anything except such person is single and has no children surrounding them.
You dey feel dis wan bc u na family man with kids. Odawise, young people wey dey see around N200k monthly go dey think sey dem dey on money but dat na wetin family man with two kids go dey struggle to manage in 10 days.

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August 21, 2025, 06:39:33 PM
 #7

It's true that food takes about half or more of most peoples income, but it's a necessity and one of the most important need of every human, and the other two are clothing and shelter.
I think this things should be the priority of every man,and other things comes after you have been able to achieve this things. Savings is very good, but how do you save when you income can't take care of your basic needs. So it will be ideal to get thing things sorted out before trying to do anything else.

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August 21, 2025, 08:45:34 PM
 #8

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money. With the current economy situation in Nigeria, 50k is enough for anything sustainable or to encourage good savings habits.

Most people even still displeased themselves of good food, good house and clothes to see if they can save money for the future we're not yet thete.
Omo I no go lie u, na food Dey chop like 70 percent of money wey we Dey earn. Hunger no sabi say u no get money, as long as you are hungry, then you no get choice than make u eat. If you no eat better food, ur body go tell, seriously me I no Dey carry food play, as long as I Dey see better food chop, even if I no get better savings, I no get problem with that. If you wan Dey save, and u no eat better food, then e go still affect you. No be say u no Dey eat unnecessarily, but at least we suppose try Dey eat normal food.

I don seat before just Dey wish say hunger no Dey disturb anybody, if to say  people no Dey eat, person go don achieve better thing for dis life now, because money wey we Dey use eat, person go just Dey divert am go another thing, but we no fit avoid food.

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August 23, 2025, 07:51:17 AM
 #9

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money. With the current economy situation in Nigeria, 50k is enough for anything sustainable or to encourage good savings habits.

Most people even still displeased themselves of good food, good house and clothes to see if they can save money for the future we're not yet thete.
Many people dey leave from hand to mouth any money way then make dey enter for food why this be like this na because food items too dey costly now 50k as a salary na pin nut now before month go end dept don full man head this one way I dey talk na for single man ooh am not talking of a man with family since government no wan provide better work for their citizens mk them try reduce the price of food items. 2k food no fit dey you ok now for restaurant.
My brother e no easy for us wey get family, if I begin dey describe or narrate my own experience here for you, I swear tears fit drop for your eyes. The country don scatter and the worst part be say E no concern the so called government wey you dey talk. No be say those men no know wetin we dey pass through, no be say them no get the resources to salvage the situation, I no even know if I go talk say the country dey exactly where them want am to be, because right now, the country don turn market, where people dey buy and sell to make profit, so it's left for you to position yourself where you want, whether you still be the buyer wey dey always complain say things too cost or you enter seller wey go dey call the shots.

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August 23, 2025, 03:54:44 PM
 #10

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money.

Yes a lot of money truly go into food, we can exclude other things but you see food nobody can exclude it because just like the importance is that is how it consumes more, a lot of persons could not save because they have to buy all the necessary food items so actually only high income earners will say there is nothing buying food is doing to them because of there large salaries. Earning that amount might not even be enough to buy those things you are saying because only a paint of rice could worth more than 50k and there will be no other money remaining to buy some other important things, except they didn't buy up to that quantity to have some money remain for them.

 
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August 23, 2025, 10:34:34 PM
 #11

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money. With the current economy situation in Nigeria, 50k is enough for anything sustainable or to encourage good savings habits.


Na true talk be this, me self don check am I see say money way I dey spend for food a month na one part if you divide my salary into two but I no dey too reason am because na person way chop well na fit see road to take hustle ee no make sense to come dey save save money way be say you and your family never chop well, our health is more important than anything because person way dey hospital bed no dey think about him assets but na on how him go take recover na him go fit dey think so health no be waiting we supposed use pplay, Because person way no dey eat good food no they dey healthy.

Most people even still displeased themselves of good food, good house and clothes to see if they can save money for the future we're not yet thete.

I no say all this things dey important but no be something we go come dey displeased ourselves just so that we fit get all this things, what if the person die in the process due to starvation? Those things way you dey plan to build no fit follow you go na waiting we supposed understand, true true is good make we learn how to manage but not to the extend of displeasing ourselves.

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August 24, 2025, 12:53:46 AM
 #12

I practically examined myself of my expenses and I discovered that food takes the highest volume of spending which can even affect your savings or empty savings if you're not properly plan. For instance, imagine someone who earn 50k as salary only paint of rice and garri must have the money into two...at the end you'll be wondering what vanished the money. With the current economy situation in Nigeria, 50k is enough for anything sustainable or to encourage good savings habits.

Most people even still displeased themselves of good food, good house and clothes to see if they can save money for the future we're not yet thete.
My brother wetin you talk here no be lie, food na one basic needs wey you no fit ignore because wen hunger comes knocking you no go fit reason straight till you see food chop, so I no dy surprise say na there most of our income dy go because na only when person don chop belle full person fit think of saving.

To be honest my bro, our naira now na big shit coin because the way e dy behave now, the money dy even finish before e arrived, so thinking of saving something from ur income when you never chop na big mistake because e go just be a matter of time wey you go fall back to your savings and use am chop, hunger dy the land, that's why the only solution to this predicament we dy in now, na to earn or make more money because all the signs dy there say the country go dy hard the more as days goes by.

 
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August 24, 2025, 08:48:11 AM
 #13

When people calculate money they spend on food it irritates me seriously, because without good food how can you operate or survive. Any money you spend on drugs and food is not a waste or something we should be mindful for. Even if it takes you to break your savings to care for yourself do it.  Don't wait till you break down before you start to care for yourself or eat good food.

The reason we save money na for us not to lack in case of emergency, the emergency for be health or you run out of food stuffs. Some people too stingy to even eat good food, you see them chewing biscuits and soda just because they no wan touch their money in the Bank. The funny thing be say wen you die for not taking good care of your stomach and health, them go use that your savings cook for people wey no like you to chop.  Just no too calculate for money you can carry buy food.

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August 26, 2025, 07:06:14 AM
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 #14

What are the basic things of live? Food, clothing and housing (which is shelter)
Why do we work? simply to get these 3 basic things right?, but whenever all these are met then it's left for us to work additional or source for more skills that could put additional more money into our pocket. The major reason why most people hasn't been able to change or shift from their current situation and predicaments is that they are too comfortable where they are, to effect a change you have to strike on change otherwise things can't be done properly couples with the current economy situation at hand where money has no longer value.

I like your rationale behind this. Some people forget so easily that health is wealth. When you build a good health, it makes it easier for you to build a good wealth, if you have the intention to do so. You cannot be in need and have money to donate, just like you cannot be hungry and still have money to save. I would rather use the money to eat then go out to look for another one to save. I don't ordinarily expect a rich man to die of hunger or starvation but you find cases where rich people end up dying without being able to treat themselves and you wonder what the money saved was meant for.

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You can't make used of 50k for per week talk less of a month, with a man who has family responsibilities couples with relatives, how on earth would they cope if they are being paid less $25 per month. Apparently, it's better to go source for multiple stream income or even having a personal business to run than working for someone who is paying less 60k per month and even though its 90k it doesn't still seems to solve anything except such person is single and has no children surrounding them.

It is supposed to have become a rule of life for everyone who's out for survival to always learn how to establish multiple streams of income. This is what is suffering a lot of civil servants who dedicate their life and efforts to the government job without having plan B or C. Most especially those who are placed on meagre salary payments, especially in Nigeria. Truth be say as a family man, even 100k no fit serve you through out the month. Let's say you're collecting 100k naira per month. You will be roughly spending less than 3.5k per day for the rest of the month. Abeg, how can that be even possible. Na why we suppose they educate each other make every body look for handiwork to do oo because gone are those days when you stick to only one source of income, now inflation rate among other economic challenges does not give room for that. Now you have to just double your hustle if you must leave a comfortable life.

No chop na, make hungry wound you. No forget say na who dey alive dey count money wey him get. Once person don kick bucket, those money don go to waste. As person wey smart, food no supposed be Ur problem na your basic needs so even if na 5 naira U dey make, dat 5 naira go be for U to take chop.

Some people go dey think of investing small for inside the shikele money wey dem dey manage make. but Omo, no go kill Ur self o!! Chop well make U fit make more money. Investment fit come later.

Broski, e they wonder me self sometimes if I hear people they talk say make person no spend him money to the point wey person go they think say they fit go hungry or minimise their spending to the point wey them no go eat well. Dem never born that person for this life wey go discourage me from eating food in the name of managing funds. So make person come get kwashiorkor Abi, God no go allow make that kind condition of life come near me talk more of say e go happen to me. Some people wey them talk about savings and investments they over do sometimes self. Them get somethings wey Na pure stinginess o, wey no be any savings for the future. How person wan take they gather money keep for future but them no fit invest in their presence.

Come make we talk true to ourselves. Them get some investments for the future wey you no suppose even do if you never fit invest in your present. If I be mechanic or vulcaniser, e go better 10 times make I use my money buy more equipment for work than make I go use am buy land for future so far as that equipment is necessary for my business growth for my present. I no fit carry money go out inside asusu when my belle they empty. I go fest chop belle full then if change remain, I go carry am chook inside Asusu.

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August 26, 2025, 08:11:55 AM
 #15

A person who earns #50k as salary in Nigeria now will hardly save anything tangible even if you are single because 50k has no value like it use to before.  to be able to save and feed, we need to have multiple source of income, anyone that wants to succeed in this country right now should be doing 3 to 4 jobs or skill to be able to be in a more better condition. it must not be only skill, it can also be having different business that will generate a steady income that will make the person not to only focus on one thing otherwise the person will keep on complaining. when i only depend on salary alone it was not easy for me to feed my family and cater for other household expenses including school  fees and many other fees but after having multiple sources of income it was easy for me to handle multiple duties at the same time. now i no longer see my salary as anything because is just like an added advantage to my finances. but if i only depend on it, i will have been a serious debtor because that was the challenge i was facing as at then till i multiply my sources of income.

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Tmoonz
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August 26, 2025, 06:18:38 PM
 #16

A person who earns #50k as salary in Nigeria now will hardly save anything tangible even if you are single because 50k has no value like it use to before.  to be able to save and feed, we need to have multiple source of income, anyone that wants to succeed in this country right now should be doing 3 to 4 jobs or skill to be able to be in a more better condition. it must not be only skill, it can also be having different business that will generate a steady income that will make the person not to only focus on one thing otherwise the person will keep on complaining. when i only depend on salary alone it was not easy for me to feed my family and cater for other household expenses including school  fees and many other fees but after having multiple sources of income it was easy for me to handle multiple duties at the same time. now i no longer see my salary as anything because is just like an added advantage to my finances. but if i only depend on it, i will have been a serious debtor because that was the challenge i was facing as at then till i multiply my sources of income.

There are what individuals can consider to be their basis needs and it is only after this has been meant before he or she should be thinking in the direction of having a savings, it is laughable to even measure 50k as what anyone can use and still be having what to save, of a truth every one is facing the challenges of high costs of living now compared to before, it is very good to be intentional about having streams of income flow, surely it will help alot and no one needs to be told about this because the situation of things is already hard enough to put every reasonable person in the condition of seeing things in this direction of improving our source of income flow.

 
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August 26, 2025, 06:36:40 PM
 #17

50k is not even enough for a single person not to talk of someone that has a family and to be honest, two things that consumes our income is mostly food and transportation especially those that their workplaces are far from their place of work. Food is becoming so costly day by day and it's not really encouraging because in a country where the economy is working perfectly, food is supposed to be the least of humans worry. That notwithstanding, instead of spending so much money on clothing and wears, it is better to spend it on foods. The country is getting hard every day so another thing that people should learn is to save money no matter how small because if you don't save money you might enter into borrowing which can cause you great damages if you are not able to repay. If you are a low-income earner, do not be stagnant in that job, as you are working there also be looking for better jobs that will pay higher than your current job, life is getting tougher so we should be able to proffer means of continuous livelihood and not begin to feel weak at some point, we should always be prepared to face reality at all times as that is the only way we can be strong enough to conquer and survive life's challenges.

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August 27, 2025, 10:32:49 AM
 #18

 Baba, nah who don chop dey see road dey do things oh. For this our country, the coat of living wan kill the living but how we go do? E get expenses wey person fit make wey no be daily like say transportation or NEPA bill or whatever bill but you see that aspect of food, no matter how you wan run the math, you must still spend for am.
 I go still say nah as time dey go wey things dey spoil but I come dey think the whole thing. If no be corrupt people for power, why things go dey increase in price? I bin look through the past four governments and also view how much things bin dey with them and I discover say as a new power dey enter seat, them dey increase things so that then fit amass enough wealth during their tenure.

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August 27, 2025, 11:18:31 AM
 #19

You have to be alive to see the future you are trying so hard to save money for. As long as you are able to provide your food and shelter and cloth yourself you are okay with it. Do you think that if not for food that people will be struggling and be working very hard as we are doing? As long as it is food that's eating my money I don't have any problem with that. If food don't eat your money what else do you want to spend money on? The money you want to save in the bank don't you think it's another person that will eat the money should anything happen to you and you leave this world? My brother chop ooo, as long as you are not spending the money on women, alcohol and partying, you should not complain. If you want to save money, increase your sources of income.

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August 27, 2025, 12:54:02 PM
 #20

No chop na, make hungry wound you. No forget say na who dey alive dey count money wey him get. Once person don kick bucket, those money don go to waste. As person wey smart, food no supposed be Ur problem na your basic needs so even if na 5 naira U dey make, dat 5 naira go be for U to take chop.

Some people go dey think of investing small for inside the shikele money wey dem dey manage make. but Omo, no go kill Ur self o!! Chop well make U fit make more money. Investment fit come later.

Ah swear my broda, na true you talk so, na who dey alive dey count on money wey him get, we no go think of investment and make hunger kpai you, na who do chop dey see to invest, them no dey force anybody to invest money for waiting you no get power to do, investment na for who get money and dey find how to manage their money incase of their future, if person invest him money and hunger kpai am waiting be the meaning of the investment? Na the person just kpai himself and the investment na another people go chop am for him.

Them no talk say make person no invest, but you have to guide first, 50k for Nigeria now no fit pay the bills for 1 month, 50k too small for salary at this point, na manageable 50k be, person wey dey earn 100 monthly dey manage for our country now,m and if you wan try am just enter make with 50k make you buy something for yourself the money go finish, so no let anybody lie you say you wey dey earn 50k monthly salary fit dey make yourself and invest for this country, things dey very expensive.

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