an 80k salary earner, wanted to rent an apartment of 200k per anum, hope he is not overdoing it. pls kindly advice him

faqir:
an 80k salary earner, wanted to rent an apartment of 200k per anum, hope he is not overdoing it. pls kindly advice him

smiles ....

I don't even know where to start from, u better think well well before u rent the apartment make e no be say after your rent due u no go see money pay again


guy e better make u cut ur coat according to your size

faqir:
an 80k salary earner, wanted to rent an apartment of 200k per anum, hope he is not overdoing it. pls kindly advice him

how much does he have saved at the moment?!

faqir:
an 80k salary earner, wanted to rent an apartment of 200k per anum, hope he is not overdoing it. pls kindly advice him

if he is living a comfortable life no problem just for him to save wisely..
Save 50k four months and its done.. Goodluck

MRBrownJ:


how much does he have saved at the moment?!

Yes how much have you saved? What are your other expenses? Are you married? However from my perspective I like a comfortable accommodation and 2 and half months of your salary is not too much.

He no see face me i slap you house to live till he get job wey them go dey pay better money. Kontinu

You want to use your 3months salary for house rent?? You don't have other responsibilities? ?.

For me, house rent shouldn't exceed monthly salary, at most 1 and half.... Except paying house rent is the only thing you do...

Tel dat ur friend to sew his coat according to his cloth

Bro. If it's Lagos and it's a necessity. I.e gives you comfort, is decent, guarantees security, they get a bit regular power supply, not crowded and is near your work place which invariably reduces your cost of transport then i would say go ahead and do it. This ain't about cutting your coat to size it's about looking at the added advantage of such a house.

Would you rather rent a 100k house in Ikorodu and spend a 1k on transport daily to the office with the attendant stress of traffic and insecurity along that axis if you work on the Island or would you rent a 200k one in lets say yaba which is closer and gives easy and comfortable access to your work place.

Your body has a depreciation value and people need to factor in the "stress and comfort cost" when making cost decisions. Not just the needless bickering about cutting your coat according to your size. That phrase does not apply to every situation and even if it does. 200k is smaller than his coat size.

He should go for wat he can afford for now.wen tins get better,he can move to a better place