Nairametrics| On this episode of Everyday Money Matters at LagosTalks 91.3, the Nairametrics duo of @TunjiAndrews and @Ugodre addressed the following questions;
Hi guys, I work as a teacher with an average secondary school in Lagos. My employer just came up with a ‘reward scheme’ for interested teachers. He says he’s ready to purchase a plot of land for each teacher now and allow us pay back gradually from our salaries for a 3-year period. Seeing as I’m married with 2 kids, the salary is not yet enough. Removing 50% will seriously affect my expenses. But the allure of owning a plot of land is still strong. What do you think? Is my employer trying to tie me down?
My kids just got admission into university this year. They keep asking for money before their monthly allowance is exhausted. What would be the best way to teach them how to live within their monthly allowance?
I run a small super market and employ five staff. I was advised by my bank, to reduce the volume of cash I hold and do more of electronic transactions. The staff still prefer to be paid their salaries by hand. How do I convince them to accept payments through the bank?
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