₦airaland Forum

kennydotkom:
Op. I think you are not living beyond your financial capacity... By pay a yearly rent of #300k. Atleast if your 3 month salary can cattery for a year rent. You are good to go.. As i am I earn, #60k salary and my house rent of 2bedroom flat in lambe/akute is #150k per annum. married with 2 kids though my wife is not working yet. Atleast if I use my 3months salary to pay rent, it not to much. Though I no I Wil spend alot to go out to work because of distance but the house really worth it. I no u cant get new house in Dat YABA. Area like my area. We'll tiles, water, light.

Compliant:
Your yearly rent should not exceed your 2months salary and anything above that is a no no

Thanks

dotun365:
No amount is too much for rent. Comfort can never be too expensive. I don't know what kind of apartment you are staying in for 300k in yaba to give any advise. But you should be mindful of the fact that Nigeria is a rough place and anything can happen at anytime so you want to build a good buffer in savings and investment and that could mean cutting down on comfort now.

Clarathomp:
Most of us don't make a lot of money to be able to afford accommodations within our means. What I mean is this - we earn about 100 to 150k, but good accommodation in Lagos is expensive so what do we do?

We stretch ourselves to make things happen for the good but expensive accommodation. I'm sure if you see accommodation for 150k, you yourself will walk away because you won't like it.

Save 20 or 30k from your salary each month towards your next rent and if your office has benefits like leave allowance, car loans, 13th month etc, you can easily make the rent, when you are legible for those benefits.

Success with making the rent each time it is due, also boils down to discipline oh!

kellyo321:
i earn 30,000 and psy 46,000 pay month which is less than two months salary. go for less than two months salary

haladadon:
I earn 194K and I don't even have a house, I squat with my uncle. I'm afraid of even spending the money. I used to sleep on the streets before with street kids.

now I don't want to leave my old lifestyle. only my dad knows I have a job. no one else knows.


renting a house is not worth it, you'll soon get lonely looking for who to marry and all that stuff.

Tony142:
200k or 250k is better

AroOkigbo:
Your annual rent should not be more than your 2 months salary.
So you are already on the high side.
Again, the 3 months may still fly when you consider living near your place of work.

SUNNINO:
Good, but hope you can sustain it and how secure is the job.

FunnyDude:
I don't usually comments on topic like this but I'll do.

This is what I'll told my brother as well.


Sir! it's good to live in a nice apartment. But don't you think we need to save for the raining days as you're still single?

Unless you want settle down in a year time from now. If not please get a flat mate and save that money for some business opportunities coming your way.

Assuming you told us, you have like other TWO sources of additional income then problem. But having depending on 1.2m per annum as a young guy is not ideal.

If it's me, I'll rent a room and manage so far I'm not married yet, just to keep saving. Be wise bro!

Remember, a single source of income is not healthy at all. Start saving heavily and investing in side business.

3Dee:
I experienced same, people castigated me for it, but I can't inconvenience myself to please people.
If you don't have any "responsibilities" the house is ok for you. Ensure you start contributing 50k every month. In a year you'll have 600k.

3Dee:
It's better you look for a room self con on the Island and pay same amount. you'll reduce transport cost and experience less stress

crazygod:
Since u're single, y not get a flat mate to share the cost with

3Dee:
You will get diverse views here. Aside the 100k, do you get some other benefits? Since you've paid for the apartment already, there's no point leaving.

kushthecreator:
Its the same thing i would do. Do you have a family, asin married or single... if single i would suggest looking for a smaller place so you can save more and buy your own land and build your own house unless u want to stay there forever.

Longman6:
Whats your job decription in Zenit Bank? i doubt it is something as prestigious as Treasury, guy, Zenith bank would employ GT's and you would feel bad,while wait 4years to be a permanent staff,?except its your passion,(start writing ICAN,ACCA or all), if not move bro. Content production is bae if you can be committed to it, Few people know how to write, just learn the ruduments of advertising well, creative writing, and client relations...you are good. Kindly move except you think this contract just is buying you time to make your next big move

chigosman:
career wise ...stick with Zenithbank ..can't you do the writing job as partime job for the organisation?

meanwhile how does one apply for contract work with Zenith?

phenomem:
How old you be make we use am know mikels real age biko

Mariinee:
Sure he's the one?