If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending - Properties - Nairaland
Nairaland Forum › Nairaland General › Properties › If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending (183 Views)
| If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending by essentialone(op): 7:42am On Dec 01, 2024 |
If you cannot use 6 months to save enough money for your 1 year house rent, you are over spending on house Rent. |
| Re: If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending by Nairalander248: 7:52am On Dec 01, 2024 |
essentialone:I told someone that your one month salary should be your house rent... So you won't be under pressure... |
| Re: If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending by essentialone(op): 11:42am On Dec 01, 2024 |
Nairalander248:Very good advise. But with the high rate of wicked landlords, that may not be easily possible. |
| Re: If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending by essentialone(op): 11:43am On Dec 01, 2024 |
The rule of thumb actually is that your monthly rent, if you divide your annual rent by 12, should never be more than 25% of your monthly salary. |
| Re: If You Cannot Use 6 Months To Save Your 1 Year House Rent, You Are Over Spending by essentialone(op): 11:45am On Dec 01, 2024 |
If your monthly salary is N100,000 and you are paying anything more than 300k annually as house rent, you are wrong. |
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