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Why Most Nigerians Are Broke and Don’t Even Know It 🤐💸

Finance 14 hrs ago
  • Migzyonline

    Most Nigerians think they’re doing okay financially because they can eat, flex, and afford data.

     

    But let’s be honest…

     

    Being able to “survive” is not the same as being financially stable.

     

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    Here’s how you’ll know you’re **broke but unaware**:

     

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    1. **You only save when there’s extra — which is almost never.**  

    Savings is not your plan; it’s your leftover. That’s not stability.

     

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    2. **Your lifestyle is sponsored by loans, borrowed money or “urgent 2k.”**  

    Soft life, but na borrowed flex. 🥲

     

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    3. **You have no emergency fund.**  

    One medical bill or lost phone, and you’re back to zero.

     

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    4. **Your income depends on ONE source.**  

    If that job or hustle stops today, everything crashes.

     

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    5. **You don’t track your spending — you just dey buy till alert finish.**  

    Money disappears, and you don’t know how.

     

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    6. **You buy things to impress people who won’t lend you ₦1k if you go broke.**  

    Vanity is expensive.

     

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    7. **You’ve never invested — not even ₦1k in anything that can grow.**  

    No plan, no passive income, just vibes.

     

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    📌 Truth is, being “not broke” isn’t about flexing. It’s about:

     

    – Having control over your money  

    – Being prepared for shock  

    – Making money without stress  

    – Living below your means  

    – Growing long-term wealth

     

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    💬 If you read this and it hit small, drop “💡”  

    Let’s be honest with ourselves and build better habits.

     

    Follow **@MigzyOnline** for more real-life money talk & survival tips 📉📈  

    #FinanceTalk #NaijaMoney #BrokeToRich #MigzyOnline #MoneyMatters

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