HOW TO ENJOY MAXIMUM BENEFITS FROM YOUR MONTHLY INCOME
We work really hard in order to live well and take care of our loved ones. Some people say that money burns the pocket. That is, money is always hot and never enough. But I think that we can lead meaningful lives with the money we have while we work towards having more. I constantly live on a budget. It's just my nature regardless of how much I earn. Over the years, I have learned a thing or two about maximizing my income. If you earn 100k or less per month in Lagos, the following tips will guide you well. 1. Divide Your Salary into Portions: In my opinion, fifty percent (50%) of your income should go into living expenses and this should include housing, transport, electricity, groceries, and other expenses related to keeping your work-life in motion. Then twenty 25% should go into meeting your lifestyle needs in terms of health, fitness, fashion, dining, and holidays. Budget another twenty percent (20%) for savings and 5% (five percent) towards an educational fund. So: 50%: