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mmaduabuchi Joshua chibuike

Ask mmaduabuchi Joshua chibuike
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  1. Asked: April 18, 2026In: PERSONAL FINANCE

    How can I save and invest on a ₦90k salary in Nigeria?

    mmaduabuchi Joshua chibuike
    mmaduabuchi Joshua chibuike
    Added an answer about 6 months ago

    The truth is that the economy is not smiling at us #90k monthly is very little but still very possible to save/invest if you discipline yourself very well. have an atomatic target saving of 10% from the salary. use the 70% for expenses. invest 20% back on yourself ( it can be learning skills onlineRead more

    The truth is that the economy is not smiling at us

    #90k monthly is very little but still very possible to save/invest if you discipline yourself very well.

    have an atomatic target saving of 10% from the salary.
    use the 70% for expenses.
    invest 20% back on yourself ( it can be learning skills online or taking some calculated risk on the low cap stock market. this 20% is called the (miracle money)

    it can double and and also vanish but it is worth it.

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  2. Asked: March 18, 2026In: STOCK & CAPITAL MARKET

    What are the step by step measures to manage money?

    mmaduabuchi Joshua chibuike
    mmaduabuchi Joshua chibuike
    Added an answer about 7 months ago

    firstly for you to manage money and grow your money, you must understand that money is like a stream that flows. if not well managed will flow to another person and that is the difference between the poor and the rich. secondly write down your expenses you make everyday and have a budget of not spenRead more

    firstly for you to manage money and grow your money, you must understand that money is like a stream that flows.

    if not well managed will flow to another person and that is the difference between the poor and the rich.

    secondly write down your expenses you make everyday and have a budget of not spending more than  30-40% of your income every month.

    Acquire your needs and not your want.

     

    don’t buy things because you have the money in your account.

    ask yourself, do i really need it now.

    Thirdly invest atleast 30% of your income so your money will keep generating money for you instead of sitting in the bank and loose value.

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