"I Save N838k in Canada": Man Living in Toronto Drops Info on Monthly Expenditure, Savings

"I Save N838k in Canada": Man Living in Toronto Drops Info on Monthly Expenditure, Savings

  • A Nigerian man said he is usually able to save N838,000 every month in Canada, where he lives
  • The man, Ken Ndubuisi, who lives in Toronto, said he spends 4,261 CAD (N3.5 million) every month
  • Ndubuisi said the N3.5 million he spends goes to food, shopping, grooming, house rent, transportation and others
  • Commenting on the spot, Seyi Obasi, a relocation expert living in Canada, said it could be possible to save that much as the man is not married

A man living in Canada said he spends a total of 4,261 CAD (N3.5 million) per month.

The man, Ken Ndubuisi, listed the things he spends his money on, including food, grooming, transportation, and housing.

Man living in Canada said he could save N838k monthly.
A man living in Toronto says he spends over N3m monthly. Photo credit: Getty Images/Tim Roberts and Bloomberg. Man's photo used for illustration only.
Source: Getty Images

Ndubuisi, who lives in Toronto, said he pays 1900 CAD (N1.5 million) for rent where he lives.

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In Toronto, he pays 129 CAD (N108,000) as phone bills per month and N209,000 for shopping at Walmart.

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Apart from his expenditure, Ndubuisi is able to save at least 1000 CAD (N838k) per month.

Speaking to Legit.ng, Seyi Obasi, a relocation expert at Japa Systems, said it is possible to save N838k, especially as the man in question is not married.

Her words:

"Of course, it's possible. And the guy is single, so the possibility skyrockets."

Seyi, who lives in Canada, said Ndubuisi is paying much in terms of bills, noting that the amount he spends would normally be spent for someone with a family.

She told Legit.ng:

"It depends on what his bills are made of. A single person with over 4000 bills a month is a lot. That's what a family would usually spend."

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See the video he shared below:

Reactions as man shares his expenditure in Canada

@debolah said:

"There’s nothing like spending too much if you make enough. But the only thing I would have said is, since you make a decent amount of income, why not get a car & also buy your phone outright?"

@AY said:

"That’s pretty reasonable… I don’t drink and I use the transit system and able to save over $2,500/month."

@Nnenna said:

"I used to wonder why there are homeless people abroad when there are jobs. Now I get it because how do you work so much just to give it back, no enjoyment."

@Lululilaq | Beauty Brand said:

"What do you do though? Saving $1000 is huge, you must make a lot of money."

@Carlos103520 said:

"It means you are earning about $8000 per month."

Woman breaks her piggy bank

In a related story, a woman who saved some money in her piggy bank has flaunted it on social media to the amazement of her followers.

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The lady noted that she had been saving her money since 2023 and decided it was time to break the piggy bank.

When she broke the small box, she brought out a lot of crumpled naira notes in different denominations and counted them.

Source: Legit.ng

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