M Truth
Region: NG
Monday 20 July 2026 17:16:49 GMT
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the legend :
that 30% of investment depends on your age ,a man in his late 40 can not be saving 30% but is possible for someone in his 20
2026-07-20 19:06:12
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Volleyballking :
The psychology of Money tells us Money spending is a Habit
2026-07-20 19:02:54
1
K͎u͎m͎a͎s͎i͎S͎t͎o͎n͎e͎b͎w͎o͎y͎ :
tithe??? madam ye steady!!
2026-07-22 18:47:39
0
Khinberry 😉 :
Saved
2026-07-20 21:27:49
0
KAHUNA :
Entowaa Da
2026-07-21 13:14:18
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chocolate :
60% for both savings n investment? dats crazy... are u getting allowance from somewhere or something?
2026-07-21 12:03:43
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Ideal Family Series :
The percentage of your investment in your income depends on your age, future lifestyle expectation, current income, and how long you plan to work. My formula is to calculate what your future desired monthly lifestyle expenses would be. Multiply by 12. Then multiply it by 12. Then choose the current return rate on the desire investment. Calculate how much monthly investments would help you achieve that. That is what your monthly investments should be. For instance, if you desire to spend 2m monthly in future, that is 24m in a year , and 288m when multiply by 12. That's the amount needed for financial freedom. If you put it in a fixed investment that gives 15% annually, you get 43m. That take care of your 24m, and 19m left for future investment and inflation.How much will help you achieve 288m? If you desire to be free in 15 years with the assumption of 15% return rate, you will need a minimum of 400k monthly investments. If it is 20years, you will need 200k monthly.
2026-07-22 18:22:38
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@ Prynx :
😁😁😁
2026-07-20 21:49:38
0
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