So the iPhone 7 is here, and if you are like and love Apple products, I’m sure you have been calculating, scheming and wondering how you’ll get your hands on one. However if, like me, you currently live in the worst economy every, Nigeria, where the Naira to the dollar has reached an all-time high of 430…. hmmm I would like to say that I have far better things to do with my money than buy the iPhone7 at this time.
We all know that when the iPhone reaches Nigeria, it will sell for about $800-$1,000. With that said, you are looking at a sexy N344,000 to N430,000. Hahahahahah Nice one! Here is what you could do with that instead!
1. START A BUSINESS
Oh yes! You can start that business you have been talking about, register it at CAC (aprox. 30k for a business name & N120,000 for an Ltd.). That’s not even up to half of the amount, so you still have more money to invest in the actual business and its operations.
2. BUY LAND
It may not be prime location land now, but we all know that Nigeria is expanding day after day, and the smartest thing to do with money is invest it in land/real estate. So check out Epe, Lagos (300k/plot), Akinyele, Oyo (450k/plot), Osogbo, Osun (300k/plot), and it goes on!
3. REVAMP YOUR WARDROBE
I KNOW RIGHT!! Exactly how I felt. I can get those new shoes, outfits, accessories and what not that I’ve been adding to my wishlist! Think twice guys!
4. GO ON VACATION
If the economy isn’t an issue for you, (not sure why it would be) but you can go to the Washington DC (250k), Abu Dhabi (250k), Dubai (220k), Gangzhou (230k) and the list goes on. It’s your choice!
5. BUY TWO IPHONE 6S
HMMMMM!!! Yea! I would go for two 6s’. Why not! It’s still a great phone. One for you and one for you boo 🙂
6. GET A MACBOOK
I would take a new MacBook over an iPhone 7. I don’t know about you…
7. A NEW DESIGNER HANDBAG
You can get a Burberry plaid mini crossbody for about N250k, a Chloe Mini Faye Leather & Suede Shoulder Bag for about N390k, a Gucci Quilted Leather Wristlet for about N390k and more.
8. HAVE A MONTHLY BEAUTY TREATMENT
You’ll have approximately N30k a month do get a mani/pedi and do your hair.
9. BUY A NICE WATCH
You can get a Movado watch, or a watch by Gucci, Fendi, Givenchy and many more brands.