RE: Someone Earning 100k Naira, Should Not Consider Marriage

 I came across this beautiful post about the above topic here https://www.nairaland.com/8571178/someone-earning-100k-naira-should

In the comments, many great minded Nairalanders argued for and against "Marrying with a 100K

 income" from many perspectives.

This post is all about putting the theories in figures. STAY TUNED cool.

Now the man (From a supportive family) earns 100K and decides to Marry. That is #1,200,000 per annum (1.2M).

His expected expenditure should look like this:

➡️Cost of wedding =Free (Family Sponsors).

➡️ House rent =Free (Has 2 rooms in his family house).

➡️ Electricity Bill (2K a month X 1 year) = #24,000.

➡️Feeding with wife and kid/s (At least 2K a day X 1 year)= #730,000.

➡️Clothing =Nil (He doesn't change clothes cheesy).

➡️Wife Expenditure = Nil (Her parents supports her and fends for her in his house shocked)

➡️Baby Diapers = Nil (Baby wears Napkin).

➡️ Water (Sachet water and others) =Free.

➡️Baby Food and Groceries (Milk, etc, 5K per month X 1 year) =#60,000.

➡️Transportation to work (500 Naira per day X at least 270 days a year) =#135,000.

➡️Recharge card and Data for our man and wife (#200 a day x 1 year) = #73,000.

TOTAL SO FAR =#1,022,000 (1M, 22K)

Our man will be left with #178,000 (178K) at the end of the year in review.

⚠️You will observe that I was extremely prudent in the expenditure, in the hope that both his family and the wife's family support the marriage which is most times unlikely; what applies is that you the man is the one supporting them instead.

⚠️ I only added basic RECURRENT costs and didn't account for emergencies like Healthcare, or even miscellaneous. I also obviously avoided school fees, baby wears, etc.

❓Can you marry with 100K income? YES & NO!

You can if you already have a room in your parents house, your family and her family is supportive financially and otherwise, you like stress grin and you are comfortable with your current financial status (as marrying at this stage will give you little room for financial improvement and growth)

But if you desire to grow financially, break the chain of poverty, value your peace of mind, want to give your family the best and live in a city where you pay for rent and other things, then it'll be a suicide mission to marry with a 100K income.