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Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income - Properties - Nairaland

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Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by aikyg(m): 9:25am On Dec 04, 2021
Here is little bit of personal finance advice on renting an apartment. Your house rent for a whole year should not be more than what you earn in a month. For instance, if your annual salary is 1.2 million, you should be looking for a 100k apartment. In most cases, you'll end up with a self contained apartment in a relatively decent neighbourhood.

When you do this, you'll notice that you have over a million naira to spend on furthering your education, getting certifications, investing in a business, investing in properties, investing in stocks and planning your settling down. You'll also have lower chances of developing high blood pressure and stress related illnesses.

I wish someone had told me this a long time ago, as I had to find this out the hard way. Anyway, I thank God that I am applying this in my life today and it's very helpful. I hope it helps someone else.

Thanks for coming to my TED talk.

Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by Mrkumareze(m): 9:28am On Dec 04, 2021
Are you a Nigerian
Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by LifeOfTrigga(m): 9:35am On Dec 04, 2021
But op Na hotel room be that nah, abi you just wan use style bash some girls for nairaland here?

Sapphire no fit foorh for this kind format o
Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by aikyg(m): 9:39am On Dec 04, 2021
LifeOfTrigga:
But op Na hotel room be that nah, abi you just wan use style bash some girls for nairaland here?

Sapphire no fit foorh for this kind format o

No. This is a studio apartment. We also call it self contained apartment here in Nigeria.
Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by Perfecttouch(m): 9:40am On Dec 04, 2021
Atleast your two months income should settle your house rent
Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by LifeOfTrigga(m): 9:40am On Dec 04, 2021
aikyg:


No. This is a studio apartment. We also call it self contained apartment here in Nigeria.

Wetin the hotel towel dey do untop bed? Werey dey disguise
Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by aikyg(m): 9:43am On Dec 04, 2021
LifeOfTrigga:


Wetin the hotel towel dey do untop bed? Werey dey disguise

So you can't have white towel in your house? Come on bro!

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Re: Your House Rent For A Whole Year Should NOT Be More Than Your Monthly Income by LifeOfTrigga(m): 9:49am On Dec 04, 2021
aikyg:


So you can't have white towel in your house? Come on bro!

Boss I need 1k Na why I dey disturb you so, I’m really down here!
Any help big Fam?
cry

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