Congratulations on your new job
@exBanker 
Here's a guide tailored to your situation:
Understand Your Income and Expenses: Start by assessing your monthly income and your essential expenses, such as rent, utilities, transportation, and food stuffs. This will give you a clear picture of your financial baseline.
Define Your Goals: Identify your financial objectives. They can include short-term goals (paying off debts, building an emergency fund), and long-term goals (buying property, saving for education, retirement).
Prioritize Savings: In Nigeria, where the economy can be volatile, having a robust savings plan is crucial. Allocate a portion of your income to savings, aiming for at least 20% of your salary.
Emergency Fund: Build an emergency fund that can cover 3-6 months of living expenses. This can help you withstand unexpected financial shocks.
Debt Management: If you have debts, prioritize paying off high-interest loans. Reducing debt should be one of your initial goals.
Invest for the Future: Look into investment opportunities that suit your risk tolerance and financial goals. In Nigeria, options like mutual funds and real estate investments can be viable.
Diversify Your Portfolio: Due to economic fluctuations, it's essential to diversify your investments. Don't put all your money into a single asset class.
Consider Retirement: Nigeria doesn't have a robust pension system, so it's crucial to plan for your retirement. Explore options like a Retirement Savings Account (RSA) and consider contributing regularly.
Stay Informed About Local Investments: Keep up with economic news and local investment opportunities. Understanding the Nigerian market can help you make informed decisions.
Cultivate Financial Literacy: Learn about personal finance and investment. Books, online courses, and financial advisors can help you gain knowledge.
Stay Frugal: Given the economic challenges, it's essential to be mindful of your spending. Differentiate between needs and wants and try to live within your means.
Plan for Currency Fluctuations: Nigeria has experienced currency devaluation in the past. Consider the impact of this on your financial goals and investments.
Consider Alternative Income Sources: Exploring side businesses or additional income sources can enhance your financial stability.
Regularly Review and Adjust: Your financial situation and goals may change over time. Regularly review your plan and make adjustments as needed.
Setting financial goals in Nigeria requires a combination of caution, flexibility, and informed decision-making. It's also wise to consult with a financial advisor who is familiar with the Nigerian financial landscape to get personalized guidance.
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