The February Contest #2 by sduttaskitchen | My budget with $200
Hello everyone. I hope my publication meets you well. Today I'm here for this $200 monthly budget brought to us by @sduttaskitchen.
I must say, with how high prices of things have become in my country, one must still try to survive. The prices of things have doubled in price and things are kinda hard for some people. The good thing is that I have been on monthly plan for a while so I can save money.
Make a monthly budget with your country's currency, dollar and steem price! Make sure you can't exit $200.
As at today, $200 is ₦302,120 and 1,126.422steem.
$1 is ₦1510.60.
My monthly budget is for 2 (myself and my husband) and we try as much as possible to minimise our budget to be able to have our savings going.
Monthly budget | Naira(₦) | Dollar($) | Steem |
---|---|---|---|
Groceries | 80,000 | 53 | 299 |
Utility | 30,000 | 20 | 112 |
Daily meals | 35,000 | 23 | 130 |
Medical | 20,000 | 13 | 75 |
Wears | 30,000 | 20 | 112 |
Miscellaneous | 30,000 | 20 | 112 |
Total | 225,000 | 149 | 840 |
Remaining | 77,120 | 51 | 286,422 |
Do you manage your home with a monthly budget? Share your view
Yes, I manage my home with a monthly budget to be able to have saving. To manage home isn't really easy at of now that our economy isn't friendly or nice. And prices of things have sky rocked to triple. If you're not on a budget, you might not have enough money to use or you'll spend more than what you bargained for. And your saving will be empty.
I try as much as possible to save up to $50 which is ₦70,000 and 250steem in a month.
Do you believe we must save some money for emergency purposes? Share if you have such experiences when your hidden money assisted someone.
To save money is the best thing one can do for themselves. It isn't always easy when you have things that aren't in your budget show up and you can't save. But it's the best thing to do. Your savings too can assist you and others when there's need for it.
I have an experience when one of my close friend had to undergo some medical treatments and she needed part of the money, i have to give her my save. When there's life, there can be a safe. I was happy to help.
How costly is living life in your country? Share with us by mentioning some item prices with pictures.
Living in my country now is costly. I'll share some items that are mandatory.
Rice & Garri (cassava flakes)
Rice a cup is ₦550.
Garri a cup is ₦200.
Beans
Beans a cup is ₦550.
Onions
Onions is 2 pieces for ₦500.
These few items are what is mostly used on daily basis. But other items too have increased in price.
I would like to invite @josepha, @meraindia and @zoey23 to join this contest.
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