Hive-Naija Weekend Engagement #62 - "SPENDER/SAVER"

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“Every day is a good day. There is something to learn, care and celebrate." - Amit Ray


Hello everyone, my beautiful hive naija people, it's another beautiful weekend and we are so happy to have you here once again to make the engagement fun as always. And as announced the last time, our winner for every weekend engagement will be in charge of choosing the topic of discussion and also in charge of selecting the winners of his or her choice based on the engagement and response of participant. So for this weekend, our topic of discussion was chosen by our last two weeks winner @princessbusayo, so stay tuned, hehe.

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OBJECTIVE

As we all know, the Hive Naija Weekend Engagement is focused on promoting the togetherness of the Nigeria brethren together through engagement and it's also now concerned of the well being of each and everyone who is part of the engagement. This account was opened to make the engagement more personal and official you can find the INTRODUCTION POST to read more about the purpose and aim of this new account and also do well to follow the account so as to know when a post is made.

Last week, the topic was "A BETTER Hangout"

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We had over 200+ comments last weekend, it was so nice seeing a lot of people who engaged and sharing their thoughts and ideas with us, I want to appreciate you all for the consistency, quality engagement and your efforts, let's keep them coming ya all. Special thanks to everyone who makes this hang out possible.



A long time ago, I thought, I shared and I asked "Why don't we Chat on hive every Weekend?"
And you all said... YES

"Well, we won't be the first as there are some weekend engagement trends already on Hive! But this would be THE NIGERIAN VERSION!"

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I will drop a topic every Friday (Today's topic is below), share your thoughts on the matter, reply to someone else opinion, and interrogate the opinion if you like. Keep the discussion on. If you don't have anything to say about the topic. Just reply to someone else's comment.

Do all these in the comment section, as that is where it all goes down.

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There are no further rules, please banter as you like, speak any Nigerian language (Igbo, Yoruba, pidgin, Efik), anything, as long as someone else can understand.

Pls note : However, please don't take it to the extreme.

This week's engagement starts Immediately after you see this post and ends on Sunday at 11:59 pm.


Prizes for this week

Prizes are distributed to the winners after considering their interactions and also their contributions to the topic. And we have made some little changes and improvements in the prizes too. This week's prizes;

1st prize - A very good upvote in a selected post of yours in the week!

2nd Prize - 3 Hive

3rd Prize - 2 Hive

4th Prize - 1.5 HIVE

5th Prize - 1 Hive

Prizes courtesy of:

@Samostically @starstrings01(curator) & @ksam (1 Hive)

Pls note: If you win and fail to provide a quality post in 7 days, you forfeit your " quality upvote" (post must be less than 24hours old)



SPENDER/SAVER

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This weekend, we will be discussing about our incomes/allowances, are you a spender or a saver? Well, that's just the top of the iceberg, what we really want to know are below...

  • Do you think a student who collects allowances at home should also save? How many percent do you think it's okay for a beginner?

OR


  • Do you save? Why do you think it's important for you to save?

Remember, the aim of the hangout is to bring Nigerians together so make sure you have this in mind when responding to the questions. And feel free to add even more to it if you have any. And also, we all should do well to share our responses on Leothreads also and share the links here on the hangout so others can go and engage on it. Also don't forget to use the #samhangout and #leothreads (it will be a determinant for choosing our winners).


In the spirit of implementing some suggestions, we have chosen our last week's winner @balikis95 to be the one to suggest a topic for next weekend's hangout and she will also be in charge of choosing the winner (any one that participates), all you have to do is suggest the topic during the week and then the winners. To our topic choosers, they will receive 5% of the hangout post they suggested the topics.


Okay Let's Gist!!!!

Be as simple and sincere with the discussion, hehehe.

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Don't you think we are forgetting somebody?... Well, I'm sure we are...

Oh yes before I forget, there are also prizes for those that did well to invite someone new to the party and also you that has done well to invite someone you are also not left behind because you didn't leave anyone behind. But wait... Not so fast, this time you have to be more intentional about your invite, yes that's right...you know what you benefit when you engage so why not let others know about it. In fact I will advise you to look beyond the prize and look more to doing something different even for your Naija brethren by showing them the way here.

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With all that said, let the discussion begin....

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321 comments
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Where are you all my guys

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You did not mention my name oh! Hahaha 😄. Do go worry, we don land like land Rover. Make you go vote tomorrow oh!

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Thank you very much for the Sam boss

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My guy, my guy. I saw there's a new feature on peakd where u can tag alot of people and put it as one line. I'm not sure how that work. Anyone does?

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Really? I guess I need to learn that one too. Hoping someone would come over to explain.

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Hmmmm I never see that one yansh before lol...

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Hahahaha.... here we go again this weekend... I can't wait to read everyone´s opinions on this topic for the weekend. Come on guys, let´s come over to share our ideas on saving and spending.
Thanks for the tag, Sam..

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I trust you to dissect the topic

I dey vex too

Una no see me Una no tag me since yesterday

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Hahaha... I think it skipped my mind because I don´t know how I forgot to add your name. Sorry about that mama 👏

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We don come again.

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Yes ooo, you are the one handling next week´s topic ☺🤸‍♀️😎

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@sam.hangout thanks for the tag

Ok who miss me 😂 @quduus1 how far my man

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Na me miss you pass. I don dey look for you make I buy food stuff, I no see you. More money!!!? I dey hail you oh!

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Hahaha 😂😂😂
Keep looking for money 🤑💰
U will find more money

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Thanks for this week again oh! Na only sakpa dey catch people wey den never comot. Hahaha 😄.
Sam, na you try pass. Keep it up.

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Break CBN office and pack money 🏃🏃🏃🏃

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The number you dail is switch off. Please don't try again later.
Hahaha 😄.
You won send me go prison. You no be better person 🤭

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Hey Sam

It's Saturday
I was so busy yesterday since today is election
I had all my Saturday food shopping and cooking yesterday...here I am now..let me join the party 🥳🎉
.no time

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Abeg try dey tag me too. Na so I for miss today hangout like last week.

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Oh wow 😮 it's been awhile in here.

Thank you so much Sam for the tag 🤗

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Thank you so much for tagging me, though I couldn't make it..

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I don't think this is a question anyone should say no to, yes we should try our possible best to save a lot if you are capable, and if one one is not capable to save so much, there should be a particular amount you have to save daily.
Saving is a good habit cause it prepares you for future arising matters. One would be able to sort out impromptu happenings

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Yes, saving is important because of emergencies that may arise later when we do not expect.

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Exactly like now my laptop is bad, but I don't have the amount the repair it , hopefully after I sort out some other thing with the savings have, I can then save to repair the laptop later on.

If I had enough savings I should have fixed it up immediately

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Don´t worry, you will get your laptop fixed soon. Saving is always the best.

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Yeah I will, thanks. Saving is the best sure

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Yes...I can actually fix it for her
It's my new skill🏃🏃🏃🏃

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Doh you go see money fix am, but no be every problem we go dey dig hand for savings lol, but it's very important to save because e get why

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My own savings is for any emergency, no matter what it is and that is the reason why I save, you can save for what so ever reason

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Exactly 💯.

My savings even my inner spirit is not aware of the money 😄😄

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Na so, I am planning to even do a particular savings that I will lock for 1year

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How do u save when u have so much bill? Any strategy?

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It is highly important as it saves one from some unforseen circumstances.

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Na good thing you talk Solomon descendant

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Even if you can make it daily make sure that immediately salary enters that you set aside something for the rainy day.

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Me that don't have salary nko? I do daily saving from the house allowance given by hubby, and sometimes whenever I trade my hive, I save something.and since it's on fixed locked I can't get it out till the time reaches

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Chia na you save pass, because you go buy salt 10 naira save 20naira come sell hive join hahahahah.
My dear it's good to save no matter how difficult it is.

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And sometimes after saving for a month the money still goes to buying food items at home, so you see

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That's where love for the family comes in, you won't want your family to go hungry because you wan to save, it's not too easy to be a wife

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Exactly 💯
Many times, I touch my savings because of my family

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Awww 🥰
Make Ur hubby be my hubby too

I need daily Savings from hubby wey Sabi 😄😄😂

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Most of my savings are daily as well because of my business.

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I don't think I can do daily savings though

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Daily savings is quite easier for those who are into business as they earn on a daily basis.

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Saving is a sure deal just that sometimes, too much bills will limit many people to do the needful

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Yea, sometimes I feel reluctant to take out of the money that is not even enough but then I realize money is never enough, responsibilities keeps setting in somehow

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You are absolutely right but then not everyone earns daily, some are in a weekly basis and some are monthly but the most important thing is to save and be prudent in spending.

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(Edited)

Okay,,, this is something I am interested in talking about and I believe my fellow Naija will agree with me on this and share theirs too. I am waiting for your beautiful ideas people.....

So, let me start sharing and offloading those ideas on my mind 😋🥰

Do you think a student who collects allowances at home should also save? How many per cent do you think it's okay for a beginner?

Okay, well I believe saving is good and important. Just as the saying that one should not eat with both hands, which means that you should always save and not spend everything as it comes in because we don´t know what emergency may arise next, and then we wouldn´t be able to have something drop into the pocket, especially when as a student, you call home and they tell you to manage what you have for now until who knows when.. This is because your parents may not be buoyant at that period and might just manage to send little that you know cannot sustain you. So it is better to always save for rainy days just like the way the ants do. They save to enjoy later and have something to hold onto while waiting for more later.

In a nutshell, a student who is wise enough to understand how important saving is and knows there are lots of needs to be met which of course, you cannot keep calling them at home to send money for this, money for that every time. Let them enjoy their lives too and concentrate on other aspects of responsibilities. When you get your allowances, it is good to spare some per cent and keep them aside while you make do with the ones left... So, being a student doesn´t exempt you from saving. At least for a start, you can begin with 5% then keep increasing to 10...20... as you decide.

Do you save? Why do you think it's important for you to save?

Yes, I save and the per cent I spare depends on factors surrounding me and the goals I need to achieve. I believe every human being have their decision on how much should be set aside for savings so that you will have something to go to when the need arises or an emergency shows up.

It is important to save if you are wanting to live a financially stable life. Saving will save you later in the future and also, will help you achieve your goals when you are committed to saving. For me, I save 20% per month of what I earn and do spend in a reasonable way through budgeting and not spending impulsively. I believe if one has missed saving and thinks it´s late, once you have got a source of income, you can decide to increase the per cent to save more than what you could have gathered if you had started early.

Thank you for reading and sharing your ideas too. Here is my threads too.

@merit.ahama @nkemanakonam89 @emreal @kingsleyy @mercysugar @abdul-qudus @glorydee @funshee @iskafan @edystrings etc please come over.

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What if i be wan eat with both hands. You know think se e make sense to carry turkey for wan hand make another one hold yogurt? Nawa but to talk true. E good make person de save.

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Why you no mention my name for yia🙄🙄

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Hehehe.... shey na that one we dey talk about? That your mouth go swell up with blow and the turkey go fly comot 😒😆 but seriously, you be my better person.... sha dey save oo 😁

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As far as say i see the turkey swallow. No lele. Hehe... Omo, to God be the glory. That Daddy to de pamper abeg.

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Save na save jare... Person fit save for stomach too 😂

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You see this yogurt wey you just mention na problem to my throat, e fit make person make e no save because e dey sweet well well. But make we try save.

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Me like Hollandia yogurt wella. You see that one na better spiced problem solver.

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Na peak now be my brand, I no dey carry am joke like this

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Make una shà try learn to de share make e no go choke una.

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Na dem 😂 as yoghurt dey sweet true true but to dey see plenty money chilling for person account dey sweet pass

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Hahaha 😂😂
You are always looking for trouble in Ur comments 🤣🤣

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If i no do am who go do am? Naso dem born me.

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That one sef good na. As person dey save the turkey and yoghurt for stomach 😜 e no matter how you take save, na to dey save sha matter abi 😁

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Omo see how sense wan kill you. All save na save oooo.... Loud am make dem hear.

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The sense too much, sometimes e dey do me one kind sef 😂 😂 😂

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20,% make sense at the end of the year you will come up with something, and will not be totally empty

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Sure, a little drop they say makes an ocean

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Thank you for dragging me here Princess.
Let me waka and look around what's happening

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We should always strive to save no matter how little and then increase the percentage as our income increases, this has been my strategy.

If I'm to wait until I have a lot to start, I might never start. !lol

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You, one may never start at all but once you start little, you will be motivated to increase as things becomes better.

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That is it. Waiting to have much before saying means one is not ready because you will never start. Thank you, @funshee

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No wonder I didn't get Ur tag

My name was spelt wrongly 😂

Wow. I love the way you narrated your points

Everyone should save .weda students or workers no matter how little

20% per month savings is cool

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Seriously, your name dey always confuse me until I open another tab to find your name while I spell one by one 😂😂

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Eeeiii see as sense full here, wisdom overflow 🤗

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Awnnn!! She remembered me today and unfortunately I couldn't make it🥺.. anyways thank you so much🙏🙏🙏🥰🥰🥰 see ya at this week's edition

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Good evening friends. It's a good feeling coming back to thus hang out again. And this weekend topic is quite an interesting one.
My experience in this matter of saving started when I turned sixteen. I can remember vividly how my late father took me to a mortgaged house (kind of commercial bank) where I could start saving. I opened an account and was given a passbook. The sight of the passbook along with my meager savings was so encouraging. That has been my lifestyle all along. There is something about savings I want to show you.......just come along.

Go To The Ants

The little animals, or rather should I say insects are known for resilience and hard work. They labor throughout the dry season, gathering seeds deep down under the earth. They do this so that when the rainy season comes, a season that can not withstand. They prepare so much for rainy days.

Simply put, there is wisdom in saving. No one expects or looks forward to a period of need to spend money to save life or bail out oneself from a dangerous situation, but one has to prepare. And the only way to do that is to save.
I once had a younger neighbor who wanted to drive his car after secondary school he started saving half of his pocket money in the hands of his mother at that tender age.

How Much Can You Save?

From my little knowledge of personal economics, an individual could escape poverty when they have up to 25% of their net income.
This has to be by individual discipline. Without which one may not be able to account for what his or her money was spent.
The need to only get what would satisfy your need and not want. Remember that human wants are insatiable and no matter how you satisfy your present desire, you will always want more like Oliver Twist.

Some Friends

There are funny friends who I can call a negative influence. They will tell you It doesn't matter. This phrase is common such that until have finished the money you have, they won't allow you rest. This is why thr issue of financial discipline comes to play.

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Wow,, you talk true sir. If one needs to have the knowledge of saving, go to the ants and learn from them. Also, one would escape poverty if one is disciplined to save up to 25% consistently. Of course, this has to come with dealing with budgeting and spending. In the future, one will come to appreciate the fact of saving at the right time. Thanks for sharing your idea on this topic.

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Thank you so very much.
The power to save is a propensity to break the chords of poverty.

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They day I read very well about the ant I learned more about saving and industriousness, I also learned the importance of making wise use of any moment which includes the time we should start saving, is not good to keep procrastinating on what we want to do.

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Thank you so much. The message is understood.
Ants could be small but their reasoning is worth emulating. Time is a precious gift that we ought to use wisely.

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A minute is very important in our lives

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Yeah. It is.
When such information is spread, everyone should take their portion from the lot.

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Of course procrastination is really a harmful habit which should not be cultivated.

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Wow...the Economist have spoken to me
25% looks cool
I love the ant illustration u used
Saving from 15 years of age? I respect Ur dad

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Economist kwa..... I just spoke out of my experience....but its nice to see that you grabbed it.
I think we should teach people to save. A piggy bank for the kids could be a starter.

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Then that your experience is the deal because you have actually spoken well.

I salute you wisdom and sense of illustration.

Piggy bank is actually a good idea and a children account isn't a bad idea as well

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He is the real Odogwu.

Parents as of that time will rather get you a piggy box.

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Why not consider a financial mentorship. All this wisdom no suppose dey for just one person na, you gat spread the gospel around. Sense overflow hehehe.

You are absolutely right, saving is very important and one needs to stay out of negative influence because those kind of friends are taking their savings and investments serious in the closet.

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Hmmm.
Another secret, revealed.
They could be having a great deal of savings in their closet.

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Sure, it's just the truth.

People can be so unpredictable. Have seen lots of cases like that

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Una good day ooo. I greet both my oga's and pikins in the house. How una de my fellow filfo. Hope say this cash wahala nova make ona run mad finish cos this life, wahala no de finish.

Haha omo see rhyme ooo... I don turn songwriter finish. Ona wan near ram. For where. Who de who de... Who de zuzu.

For the topic wey awa otutupoyoyo bring come like this, e first weak me as i sidown de look. Ololo come here first, how you wan make I see sepe buy if I save shingbai? But as e be sha make we de look.

I believe se as sudent, to de keep moni from allowance na wetin Solomon go do. Oya clap yourself if you de do am. You don get sense finish. No lele. You sabi.

We sabi wetin to de keep money de do bah? E better make person get moni for emergency reasons na abi how una see am. No use hello Paale and Maale kee your parent. No be only you de born.

Make we talk se dem de give you #100 for allawee de try get sense save #30 as per se that saving fit epp your life especially when those yeye lectures dem bring assignment wey go rekilll their ancestors dem. As human beans wey you be try de use your sense especially this time wey insecurity full ground like bazooka.

Me I no collect allawee wen I de skool. I be certified hustler and I de save for the little wey I de earn. Me also like to be save money because e don epp me achieve somethings wey I get. Try de save with purpose so e go boost your morale sef.

I no be your ancestors Solomon. Sense no fit too de wetin you read but as you see am so... Ntooorr. I don talk am. Make ona make way i hear se tuelele sepe don land for arena. Before I comot. Who get loud?

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Dis na correct yarnings. Nothing pass make guy man dey save money for emergency. Nah wetin life for be that. So that when our may dey spend money we no do dey talk excuse.

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Naso.. if we wan enjoy this life... na to save at the right rime.

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Yes oooo. Any pesin wet no dey save, nah him go dey beg from pipul wet save. Nah sense person go take follow.

E nor good make pesin dey chop with all him fingers.

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You get ✌ so person go reap bountifully

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Na true my guy. You carry Solomon brain. Go collect 1 zobo.

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Ahaha. Only one zobo? You for add 2 puff-puff make e for take balance.

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No mind me jare. Loud don finish me. You go fit add sepe and babadu make I use am hold body.

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😓😅😓😅
I fear you ooo. You dey enter loud? Jeez, naija babes no dey hear word.

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Word of the wise no de wise again. Make una no vex.

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Ahahahah. Vex kwa.
Nothing like that joor

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Haha... Go collect zobo for mama Chinedu hand.

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Abi make person dey look like stick.

Savings is actually good.

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Chai,,, you don stay for thug area, walai....😂😂 you be typical naija babe wey dey blow pidgin still dey find loud to boost brain.. Nawa oo.. who be this pikin.. na who born you? 😂😂
Nawa oo... you no collect alawee when you dey school and you still dey save inside hustle.... I give am to you.. you be correct babe.... saving better ooo.. make everybody use their head because emergency fit show anytime and many times we no go see people borrow us money and we go come dey tight area....no allow poverty kill you before you no say to dey save na better option. I kukuma enjoy your story babe... yarn more abeg... 😂

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(Edited)

Omo na only God know how de born me ooo. Cos my male sef taya.

Nasso we see am oo.. Make person hustle with brain before e go turn workmonger.

Anyhow e de make we de rock am de go like waist. Who get ear make hear.

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Na better pikin she be she no fit slack check am well

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If you no be hustler wey Sabi save for niger your name na sorry because e get time wey everywhere dey red you go need to deep hand inside pocket but if nothing dey there wahala don come be that.

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Na e de make people de do Yahoo, ritual. Wey mouth dry ehnn you go fit do anything if you no get conscience oo.

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Na so naa las las e go say God abeg na my enemy cause am

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Enemies sef don suffer even when dem no de involve dem go still call their name.

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And that kind wahala na something wey person suppose avoid because e get sometime wey the urgency go dey base on investment.

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You don talk ooo. Congratulations you don successfully burst or brain for this matter wen sup like. Your comment con dey gemme joy. Abeg where you from bos out sef?

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Hahaha 😂😂 o
You too saw what I saw? 😄😄😂

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I don't know what we saw, but it seems I saw it ooo

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Wetin you saw? Make ona try dey explain oooo before I wack you agbado and boli wey go generate electricity.

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Omo. Abeg do small small.... E von dey do me as if say na loud dey Waka for yah

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Haha. Aba calm down my nigga. Loud no be oshofree again. Cash no de una kwantry

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Ona don start abi... No comot me for set ooo. I no go gree

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Omo na inside maale belle ooo. I puff comoy for her mouth. Na true I yarn oo no be say I de talk like because say I take loud. Na true true.

You see that joy suntin na the ogbonge ingredient wey no de market. Anywhere you see am, my guy grab e buttocks

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See this full blooded naija woman from head to toe😄😄😂😂
How you take dey write this pidgin like this 🤔

Well, I understand today's pidgin
I don get sense now oo 😂
No matter the bill, I dey save tiny cent incase of emergency...me too didn't not see pocket money then oo 😂

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Omo see better pikin fine chinchinee pepperoni. Your head de dia jhoor. You no get problem ooo . omoge wey get sense. Solomon descendant. You don do well

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We even plenty wey no see pocket money but really it wasn't easy at all o, shuffling study and hustle together.

Ajeh all legit hustlers gat make am by God grace because it wasn't easy one bit plus make you still come get responsibility join, the self-starving no be for here but it was worth it in the end.

Biko savings is highly important o, let who that has ear hear

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See as sense full one person brain 😊 hehehe

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See whining. Ona don start again... Senkiu Baby lolo

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When you no be generator, how I go dey whine you 😂😂😂

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Wetin De my body pass jarking. I pass generator

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Boss of the bosses, this your pidgin sweet me o.

Your points are absolutely valid 💯

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Hehe... Me wey still be learner. Ogbeni no whyne me

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Learner pass learner

Okay o, boss of the learners 😂 😂 😂

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I was once a spender, I never thought I will be able to save because then I only buy buy buy buy at some point in my life I learned to save in a hard way, I had an emergency that requires money and I had no kobo I had to borrow from people who saved and I paid back with interest after that I started saving no matter how little.

I save with insurance company and I also have a piggy bank under my bed were I save little amount on daily basis.

It's very important to save for the rainy days, even ants saves food during dry season so that they can survive in the rainy season.
#leothread #samhangout.

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Lesson learned the hard way. E better make person de save. So how far. How much de your piggy bank naw make we use am shayo small.

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That piggy this year e never make better sense because of this old note and new note wahala wey dey Nigeria. How you dey do your own?

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But suntin sha de dia. Ogbeni do giveaway jhoor

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Hahahahah hahahahah hahahahah make I think am first, give away na sure banka

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Make ona make way ooo.. Bazooka de come better ororo wey de make body de shine. I loyal.

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Alaye spender 😂

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Na me be that... How far. Shey you sef de save.

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Over saving sef dey worry me.

All thanks to my savings, na wetin dey raise me be that ever since I was robbed.

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You learned the lesson the hard way and that alone is enough for a person to wise up to do the needful. Most times you might not even get help which would leave you stranded and you start regretting if you had been saving before now.. Nice, you took up saving and it is helping you in times when needs may arise unexpectedly. Thank you for your response.

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Am telling you, at some point there was no helper I now remembered that I should have been saving and would have had money to deal with my problem.

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That is the beauty of saving.. It saves us when we need money urgently instead of stressing ourselves asking and borrowing from other people and the sad part is most will tell you, I don´t have.

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Experience is indeed the best teacher
Nawaoo 😄😂
Now u know better
Save
Save
Save!!!

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The spending lifestyle is always sweet but when you see your account going red without nothing to fall back to, person eye go clear.

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Both topics are really good and interesting as well so I must surely par take in this contest.

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This is not a contest as you can just share your opinion here in the comment section. We will be expecting your entry so we can all earn from you too. Thank you, Princesshope.

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Thank you for stopping by Hope, but this is just an hangout where we discuss so you don't have to stress yourself about thinking so much of what to write. A little contribution to the topic provided is all that is needed 🥰.

We look forward to having you around for our next samhangout.

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