An Economist, Dr Evans Nunoo has advised low income earners against reckless spending as a way to survive the increasing economic hardship in Ghana.
According to Dr Nunoo, people who earn an income below GH¢2,000 should not be taking tea, milk and bread garnished with eggs and salad.
He stated that it does not make economic sense for someone whose take home pay is between GH¢1,000 and GH¢2,000 to have a tea party.
Dr Nunoo, while contributing to a discussion on ‘how to survive on a salary of GH¢1,000 to GH¢2000’ on Luv FM in Kumasi said;
‘Two thousand Ghana cedis is a small amount, if you look at our current economic situation. If you have to pay school fees and other bills. If you are a young person yet to start a family, 2000 cedis might be okay. Though you may want more.
‘But if you are a family person, you don’t have the luxury of drinking tea and bread with eggs and milk. It’s too complex. Some of them even add salad’, the Economist added.