Home » Ofure: I Work 4 Jobs for 300k

Ofure: I Work 4 Jobs for 300k

Ofure, a 29-year-old professional from Edo North, talks to us about his financial life. We learn about his daily hustle, what he earns and how he spends money. The UNIBEN alumnus shares his story:

Ofure, what do you do?

Ehm, this is going to be a long one. I do multiple stuff. First of all, I work with Edo State Government as a Curriculum Developer for Technical Education Board, I’m a remote product manager for a company based in Abuja. I am also a product designer for a tech company here in Benin. Lastly, I sell London-used musical instruments.

How do you juggle all these jobs?

Sometimes, it’s about having a structure and getting a rhythm in place. I push my product management job meetings for nights when developers and techies like to work. My product designer job is infrequent. Of course, I go to my government job during the day and I sell musical instruments during the weekends. But of course, this is not absolute as things bleed into each other.

How much do you earn?

I have never thought about putting this together but an estimate would be 200 – 300k. While my product manager and government jobs are definite in terms of payment, the others are not. So it is never a particular amount, I could earn more or less.

Given the current state of things, would you say it is insufficient, sufficient or more than sufficient for your lifestyle?

Insufficient. Given the people I know and friends I have, who have been in the same spaces as me. For the kind of level I am, in tech, having a set of people who are also in tech but are working for international companies and earning in dollars, I’m making way less than I should. A friend of mine got married last week, he earns 6 million naira per month. Now, during his wedding, our mutual friends, also in tech, were sending wedding support money of 500k, the least was 200k but I couldn’t do that because that’s what I earn in a month.

Outside of speaking comparatively in regards to what you earn being commensurate to what you do, would you say that what you earn is enough for your lifestyle?

Basically, I live a very low-key lifestyle. I don’t drink alcohol or do any of those stuff so for myself alone, as a single man, it is sufficient. It’s sufficient for me but there’s no wiggle room when you account for other people.

What’s one financial principle you live by? To give you a sense of what I mean, some believe in principles like Time is Money, Investments, and Saving.

I’d like to say I believe in big-time investment but it can get scary, so the safest thing to do is save. But when I have a lot of money saved, I feel like I should be investing it. So what I do now is invest a lot in low-risk investments and a little in high-risk investments. I don’t keep too many savings because I always want to invest.

What kinds of investment?

Even if I don’t have the complete money, I partner with people to get properties. In such a way, I get part of the property. While I don’t trade forex, I give money to someone who does it with a surety that I’ll get my money back even if everything goes south. But I don’t spend a lot of that kind of investments.

What’s one financial decision you made that you think worked out for you

(A long pause) I can’t really think of one.

I think your decision to have multiple streams of income might be that, would you agree?

Yeah, of course, and the distribution of the kinds of roles I took up so that they balance each other well. So while I might spend my government’s job salary immediately it comes, I’m still okay because I know I have other places where I will get money.

What’s one financial mistake you’ve made, Ofure?

Ponzi scheme.

What did you learn from it?

Not to do it again (laughs). I got involved in Ultimate Cycla. I lost a huge amount during MMM. There are also other small ones that took at some of my money. It took a while but I finally understood that Ponzi scheme wasn’t for me when I did one that was coin-based. At that point, I have very elementary knowledge of web3 and was completely sold on the thing. After that experience, I knew I was done.

What are your financial goals for 2023

Buy another car in the first quarter of this year and change my apartment to a two-bedroom self-con at the end of the second quarter.

Thank you so much Ofure for the time.

Thank you too.

The naira is not your mate, find out why here.

Nicholas Abiebhode

Hi, Nicholas here. Been writing for as long as I can remember. Love musicals and MMA. You can find me on Twitter and IG @nicholausian

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