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Nairaland Forum / Nairaland / General / Career / How Many Months Salary Is Advisable To Use For House Rent? (22299 Views)
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Re: How Many Months Salary Is Advisable To Use For House Rent? by jomarick(m): 11:57am On Dec 07, 2023 |
I was faced with the puzzle of either renting a mini flat 600k close to my work place with no transport or pay 300k for mini flat far away with 2k transport daily. I did the maths: #2000×6= #12000 (weekly tfare) #12000×4= #48000 (monthly tfare) #48000×12 =#576,000 (yearly tfare) #576,000 + #300,000 = #876,000 + traffic stress. We self employed do not have salary but savings, my 3months savings pays of 600k 10 Likes 1 Share |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Omoapena(m): 11:58am On Dec 07, 2023 |
2months |
Re: How Many Months Salary Is Advisable To Use For House Rent? by DEBJOCH1(m): 11:58am On Dec 07, 2023 |
ANYTHING ABOVE YOUR TWO MONTHS SALARY IS LIVING ABOVE YOUR MEANS, UNLESS YOU HAVE OTHER SIDE HUSTLE. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by FireUpNow(m): 11:58am On Dec 07, 2023 |
For me, it depends on your taste and the amount you are getting as salary also you have to cut your coat according to your size. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Ogisbaba: 11:59am On Dec 07, 2023 |
25% of one's total annual salary which is three month salary is very okay for taking accommodation for one year ! You are in order , please . 1 Like |
Re: How Many Months Salary Is Advisable To Use For House Rent? by obembet(f): 11:59am On Dec 07, 2023 |
6ixVille: If you 1 month salary can not pay your rent then change your rent. If your 1 month salary can not pay your children school fee, change Thier sch If you are living a life to impress other, u will remain slave for life. Obembet talks 3 Likes |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Yampotatocarrot(m): 12:00pm On Dec 07, 2023 |
Not more than 3months |
Re: How Many Months Salary Is Advisable To Use For House Rent? by tctrills: 12:00pm On Dec 07, 2023 |
6ixVille:If it's close to your place of work that may be a great investment in your health, sanity and your time. 3 months may be worth the investment. Don't forget you are saving money on transport. 1 Like |
Re: How Many Months Salary Is Advisable To Use For House Rent? by EngrKemp: 12:00pm On Dec 07, 2023 |
Hezzyluv:How much is palmpay % so one can explore this ur style. U get sense well well |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Juniorangel(m): 12:01pm On Dec 07, 2023 |
This should depend on how much you earn monthly |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Paramount01(m): 12:03pm On Dec 07, 2023 |
harsysky: Leave bonus as how, my salary is 70k my bonus is 10k per month so I should go and rent 149k house? |
Re: How Many Months Salary Is Advisable To Use For House Rent? by deanoffaculty: 12:05pm On Dec 07, 2023 |
6ixVille:This is not detailed enough. How much is your monthly salary? Mathematically, your monthly salary is a function of your rent and directly proportional to your plan and survival after paying the rent. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by online4business: 12:07pm On Dec 07, 2023 |
People really no wan get sense sha... There's no job security in Nigeria person won dey live beyond his means. Las las my landlord is wicked na him go end am. Excuses I want to live in a place where I can connect with big man and influential people... Continue dey play. January go shock people the full effect of price of fuel and diesel dey come. Herd men are disruption farmers guess what food prices will go up... The govt is not doing anything about it. Your 2 months salary should completely pay your rent if not you're one step away from being homeless. An advice to all landlord. You're not a friend to your tenant you're offering him a service. Na only money connect ona two oooo. My own contract for my houses managed by law firm has legalese baked into it so I've the right to evict you without giving you 6months. And they read this contract to you twice before you sign in front of a witness and a law enforcement officer. Padi man cut your coat according to your size no carry hand reach where you nova reach. Las las nobody really care about anyone ooo Take a look and see people wey you know wey don die, you go see say nobody care about their family or pikin. What you should be thinking is how can I make more money. Use your Duncan oooo, akonuche ya garage zero. Eni to ba lo mo. ki ekute ile sur fu ti oko. 3 Likes |
Re: How Many Months Salary Is Advisable To Use For House Rent? by blesdman(m): 12:08pm On Dec 07, 2023 |
6ixVille:2 at most |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Lovestrong(m): 12:10pm On Dec 07, 2023 |
6ixVille:me 2 months,I dey use dis mindset too for gadgets |
Re: How Many Months Salary Is Advisable To Use For House Rent? by livenija: 12:15pm On Dec 07, 2023 |
So teacher wen dey earn 20 monthly how far them? 1 Like |
Re: How Many Months Salary Is Advisable To Use For House Rent? by EmekusTHEgreat(m): 12:15pm On Dec 07, 2023 |
Depends on your salary, as at right now, I use about 0.45 that’s less than half on my monthly salary on rent, I’m a bachelor living in an affordable northern city. 3 Likes |
Re: How Many Months Salary Is Advisable To Use For House Rent? by MrBroke(m): 12:16pm On Dec 07, 2023 |
zedegit: Reason y u shouldn't live above your means. There be houses of 60k |
Re: How Many Months Salary Is Advisable To Use For House Rent? by skj1377(m): 12:19pm On Dec 07, 2023 |
1month |
Re: How Many Months Salary Is Advisable To Use For House Rent? by zedegit: 12:21pm On Dec 07, 2023 |
MrBroke: 60k a year? Oya post pinshur. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Qatar2022: 12:22pm On Dec 07, 2023 |
6ixVille:Three months salary is not bad |
Re: How Many Months Salary Is Advisable To Use For House Rent? by zedegit: 12:22pm On Dec 07, 2023 |
livenija: Omo na die be that. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by UptownVibes(m): 12:24pm On Dec 07, 2023 |
Na ur earning monthly go determine... Only agent fees go collect some people two month salary sef... Except na batcha you wan rent |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Winneygirl(f): 12:25pm On Dec 07, 2023 |
10% or your annual net salary, or maximum of 2 months salary. Anything more will be above your means. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by princeamehjosep: 12:32pm On Dec 07, 2023 |
2month salary |
Re: How Many Months Salary Is Advisable To Use For House Rent? by federal9: 12:35pm On Dec 07, 2023 |
daeger: At least 3 means [ 3,4,5 to 12] At most 3 means [ 1,2,3] Which one do you mean? 2 Likes 1 Share |
Re: How Many Months Salary Is Advisable To Use For House Rent? by parkervero(m): 12:37pm On Dec 07, 2023 |
I love this kind of thread. 3 Likes |
Re: How Many Months Salary Is Advisable To Use For House Rent? by ghettochild(m): 12:42pm On Dec 07, 2023 |
6ixVille: Find roommates to share with |
Re: How Many Months Salary Is Advisable To Use For House Rent? by ShakurMY(m): 12:44pm On Dec 07, 2023 |
6ixVille: If you cannot pay your house rent with one month salary, it's not sustainable. |
Re: How Many Months Salary Is Advisable To Use For House Rent? by Fatbam005: 12:57pm On Dec 07, 2023 |
6ixVille:Which one be light never goes off. Even Tinubu and his e-rats can't say dat |
Re: How Many Months Salary Is Advisable To Use For House Rent? by greypencils: 12:57pm On Dec 07, 2023 |
VeryWickedGoat:I can bet the person is based in Lagos. Person wey no get money to stay Lekki want use entire salary rent house. Nobody go tell am. Them no dey do pass yourself for this place. 1 Like |
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