Hello, I am corper serving in a semi-urban area in the north central region of Nigeria. My monthly allowance is N33,000 plus my employer’s monthly stipend of N4,000. My monthly total earning is N37,000.
Below is my monthly budget (NGN)
TRANSPORT – 3200
GAS – 1600
FOOD – 15,580
DATA & AIRTIME – 1500
MISCELLANEOUS – 1500
TOTAL MONTHLY EXPENSES – 23,000 (apx)
TOTAL MONTHLY SAVINGS – 14,000 + budget surplus
I have learnt to be frugal and only pay for needs and not wants ever since I started service because cost of living in Nigeria is very high. I am also brain storming on business and farming ideas to venture into to supplement my earnings.