💬 Discuss💰 Money Matters
🎖️Corporal

I just calculated how much I spent on data last month and I need to sit down

K

3 months ago

See my brother, I was checking my business expenses yesterday and I almost fell off my chair. For the month of June alone, I spent ₦85,000 on data for my phone and MiFi. That is not even counting the airtime I use to call suppliers for Onitsha and Ladipo.

I sat down and did the maths. If I switch to that Starlink thing and share with my neighbours, I can cut my data cost by almost 60%. But the initial setup is ₦440,000. That is capital I can use to buy 15 more refurbished iPhones from my guy in Computer Village.

So now I am thinking. Do I invest in reducing my monthly cost, or do I invest in increasing my stock? Because every Naira that goes into data is Naira that is not going into profit margin. The struggle is real in this Aba heat.

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