Hi friends, thought of seeking your genuine advice on this important decision

I am an entrepreneur and my current line of business is having some challenges, so i have been working on setting up a printing press business in mushin with a sum of N8.5 million that i have been able to save up till date. However,its always been my desire to own a house,i currently have my eyes on a N7million plot of land in ojodu, Lagos though the funds i have now cannot even finish a house if i start one , my rent expires in 14 months time in the current house in which i am staying in akoka.

I am single to be married soon, i dont have any commitment yet apart from supporting my father and mum in abuja.

what do you advice i do?

Actually, there is no perfect piece of advice for someone else's money. Consider some minor investments that can yield money on a regular basis and keep saving like you're doing. Buying that land when you dont have enugh money to complete it will result in you later selling it cheaper cos you need some money(emergencies happen bro). Take your time, think it through and dont put yourself under the pressure of i-must-buy/build- house now.
All the best!
dont go to pastors for financial counselling o.

ilosiwaju:

Actually, there is no perfect piece of advice for someone else's money. Consider some minor investments that can yield money on a regular basis and keep saving like you're doing. Buying that land when you dont have enugh money to complete it will result in you later selling it cheaper cos you need some money(emergencies happen bro). Take your time, think it through and dont put yourself under the pressure of i-must-buy/build- house now.
All the best!
dont go to pastors for financial counselling o.

Why?

^ ^
Because some of them might charge a mandatory 'consultation fee'

Moved from Religion.

we' ve contacts in abuja that can help u get some contracts that can fetch u good returns,like invest 1.3m to get 4m b4 d end of the yr. msmhic@gmail.com