💥 THREAD: How to Escape the Paycheck-to-Paycheck Trap in Nigeria
1. **Track where your money is going**
If you don’t know how much you spend weekly, that’s the first problem. Write down EVERYTHING — even gala and suya. You’ll be shocked. 😳
2. **Cut lifestyle inflation**
You got a raise and suddenly start buying shawarma every night? Calm down. Keep your expenses low while you grow your income.
3. **Create a “Freedom Fund” — not just savings**
Start saving with purpose. 10% of every income should go into an emergency fund or something that gives you *options*.
4. **Build a second source of income**
You don’t need millions to start. Learn a skill (design, writing, video editing, affiliate marketing), then offer it online. Extra ₦20k–₦50k/month makes a difference.
5. **Invest in your future self**
Buy books. Take online courses. Connect with smarter people. Everything you invest in your brain will pay you back in money — and peace of mind.
💬 This cycle is not permanent. But YOU must decide to break it.
Migzyonline
107 days ago💥 THREAD: How to Escape the Paycheck-to-Paycheck Trap in Nigeria
1. **Track where your money is going**
If you don’t know how much you spend weekly, that’s the first problem. Write down EVERYTHING — even gala and suya. You’ll be shocked. 😳
2. **Cut lifestyle inflation**
You got a raise and suddenly start buying shawarma every night? Calm down. Keep your expenses low while you grow your income.
3. **Create a “Freedom Fund” — not just savings**
Start saving with purpose. 10% of every income should go into an emergency fund or something that gives you *options*.
4. **Build a second source of income**
You don’t need millions to start. Learn a skill (design, writing, video editing, affiliate marketing), then offer it online. Extra ₦20k–₦50k/month makes a difference.
5. **Invest in your future self**
Buy books. Take online courses. Connect with smarter people. Everything you invest in your brain will pay you back in money — and peace of mind.
💬 This cycle is not permanent. But YOU must decide to break it.
Which of these steps will you start today? 👇
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