Living in big cities is expensive and this can make life quite uneasy for low income earners. But high income earners also face financial difficulties when they lack good financial plans.
So, a low income earner can survive in big cities if he or she has a good financial plan.
Here are survival tips for low income earners living in big cities:
1. Have another source of income
It is very difficult to survive in Lagos with one income source. Even high salary earners complain about living in Lagos let alone someone who earns less than 60k per month.
As a low-income earner, having two or three streams of income isn’t a bad idea so long you can juggle them.
2. Avoid unnecessary spending
You really don’t need to spend your money on things that won’t fetch you more money as a low-income earner. Remember you are not making enough money already.
Spend on what you need and not what you want. Avoid impulse buying and don’t ever try to be what you are not. Spend within your means and don’t go broke trying to look rich. If you spend your money anyhow, Lagos won’t hesitate to treat you anyhow.
3. Learn to go the distance
Transportation is one of the things Lagosians spend their money on the most. You can reduce the money you spend on this.
This is not to encourage anyone to trek a very long distance because you want to save and survive in Lagos. No!
What I am saying basically is that you can save money if you choose to trek some trekkable distances rather than taking a tricycle or motorcycle. Moreover walking is good exercise.
