Ghanaian Man Advises People To Save GH₵1,500 Per Month If They Earn GH₵2,000

Ghanaian Man Advises People To Save GH₵1,500 Per Month If They Earn GH₵2,000

  • A money management advice given to netizens by a young Ghanaian man has caused quite the stir on social media
  • In a Twitter post, @piesiee1 shared that it is advisable for a person who earns GH₵2,000 per month to save GH₵1,500
  • The young man's opinions did not sit well with a lot of Ghanaians hence they took to the comments section to say their take on the matter

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A young Ghanaian man has recently spaked massive conversations online after taking to social media to share his opinion about the best way to save one's money.

The post sighted by on the Twitter timeline of @piesiee1 had him sharing that to be able to save good money at the end of every year, a person who earns GH₵2,000 must live on GH₵500 and save GH₵1,500.

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Young man gives savings advise
Man at the ATM, Ghana cedis Photo credit: cometary, ISSOUF SANOGO/Getty Images
Source: Getty Images
As a youth you get at least 2000gh every month you can save 1500gh and use the remaining 500gh to feed yourself

He added that one can successfully live on GH₵500 if they avoid buying food outside and stop taking Ubers.

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According to him, being committed to saving GH₵1,500 per month will result in saving GH₵18,000 which can be used in purchasing a land.

Don’t buy food outside but rather cook and stop taking Uber if you want to be successful and by the end of the year you’ll have 18,000gh which can buy land. Live well.

@piesiee1's post sparked massive conversations among netizens at the comments section.

Some of the interesting comments have been highlighted below by;

@akeelah_la commented:

Ghc500 in Accra? Do you know how much transportation cost, have you considered rent, utilities and food?

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@quabena_god replied:

Ma guy, stop tweeting like you get all the sense for this life inside, how can u survive with 500gh a month? u buy airtime,pay bills, clothe your self, gas, transportation sef no come..yo! be real

@TraycezNorthboy wrote:

In this current economic crisis, what good will 500 cedis do for you. And who told you that cooking your own food is more economical than buying outside?

From @benzybuabeng:

So you save then what again? You die? You p3 the chop your money right? Do you know wat squad dey go through? We dey pay our lil siblings dema school fees, send money to de village for mum n dad, pay rent, bills and stuffs. You dey here dey yorb

Just save GH¢500 a day & you'll have more than GH¢10k a month - Man causes stir with financial advice

Meanwhile, earlier reported that Nana B, a young Ghanaian man on Twitter known by the handle @koboateng, caused a massive stir on social media after attempting to help the youth save money for themselves.

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The gentleman started off with the advice that young people must strive to put some money aside as they go about their daily hustles because it can make a big difference in no time.

However, the figures @Koboateng decided to use to represent the picture he was trying to paint caused a lot of people to rather bash him for his words.

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