Gregory :
This is exactly what I always tell people. Now that the economy is struggling in Nigeria, I can't really say much. But if you're making ₦1 million monthly in Nigeria, I honestly wouldn't advise you to Japa. Here's why.
In Nigeria, we typically pay rent yearly, whereas life abroad comes with monthly expenses. Life abroad is sweet, but trust me, it's not as easy as people make it seem.
You have to pay rent monthly, water bills, cable and internet bills, car insurance, car notes, cellphone bills, and still buy groceries to keep food in the house.
One thing people don't understand is that the dollar doesn't go as far in the US as they think. It may look like a lot when you convert it to naira, but remember, you're spending it in a country where the cost of living is also high.
For some people living in the US, their monthly bills can easily add up to $4,000 or more, especially if they live in a house rather than an apartment.
So, after paying all your bills and taking care of your responsibilities, how much money do you actually have left to save?
Moving abroad can be a great opportunity, but don't let the excitement of earning in dollars make you forget about the cost of living. Sometimes, it's not about how much you earn; it's about how much you can actually save.
2026-11-09 03:46:55