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How Do You Manage To Pay Rent In This Bad Economy? - Properties (4) - Nairaland

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Re: How Do You Manage To Pay Rent In This Bad Economy? by MrsTwrite(f): 4:59pm On Aug 21, 2023
I'm just thinking about mine cos it will soon expire and life is so hard.
Re: How Do You Manage To Pay Rent In This Bad Economy? by teekay213(m): 4:59pm On Aug 21, 2023
olamilarks:
Piggyvest Target = Rent/365, works for me every year!
what if your kids fall sick and have to break the piggy bag

3 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by CaptainFM1: 5:01pm On Aug 21, 2023
Minjim:


How will the landlord know a tenant salary?


They fill Rental Application forms which contains there-in Monthly salary/Revenue, Place of works and other financial records. I cross-check with their place of work. I do all these checks for every tenants I take. Anyone I can't verify, I simply disqualify the applicant.

2 Likes 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by kindlyheart: 5:06pm On Aug 21, 2023
IyaTola:
I see people who ask these questions as irresponsible fellas, it like to the fact that the day your wife misses her period she has given you 9 months notice to prepare. Same thing goes for your rent, the day you rent the house start making provision for your next month rent either by setting a specific amount every month into a fund that will be yielding interest

For instance, if you rent is 60k, 500 naira a day would amount to 3000 a month and so 72k per year.
grin

Bros, it is not that easy. Most businesses now ain't making enough sales despite the high cost of everything.

5 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by carl90(m): 5:07pm On Aug 21, 2023
Harsh economy or not,a man got to pay some bills and rent is one of them

3 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by olamilarks(m): 5:09pm On Aug 21, 2023
teekay213:
what if your kids fall sick and have to break the piggy bag
If you use piggyvest, you'll know you can lock the target. Like this like this, I can't take money from my piggyvest until January.

5 Likes 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by olamilarks(m): 5:12pm On Aug 21, 2023
kindlyheart:


Bros, it is not that easy. Most businesses now ain't making enough sales despite the high cost of everything.
The trick is to save the a tiny amount daily, weekly or monthly. The average Nigerian approach to savings is lumpsum expressway, whereas you'll achieve more with smallsum close.


And we sometimes also make the mistake of saving after sorting all the bills instead of saving as soon as alert drops and managing the remaining balance for bills.

7 Likes 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by XXIIVV: 5:17pm On Aug 21, 2023
Move back to the village

1 Like 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by Alliswell248: 5:25pm On Aug 21, 2023
OBIDIENTNAIJA:
God is in control. Ebola Tinubu and his demented agbado miscreant have short span in that ASO ROCK they used crook to occupy. When they're kicked out on there licking butts, and the rightful winner is declared things will fall on place.
God is telling us through this hardship that he doesn't tolerate drug barons to lead His people.

ALL EYES ON THE JUDICIARY

NO DISTRACTIONS

Over 8.7 millions Nigerians believed and voted for Jagaban.
He is your President for the next 8 years.
U can go to Niger Republic....no one would miss you.

How can we see a first class accountant , who had worked with Exxon Mobil and vote for a third class philosophy graduate. Someone who manages to pass ordinary philosophy. He was ashamed to submit his University certificate to Inec...only presented his Gce.

Keep wailing....frustrated souls.

1 Like

Re: How Do You Manage To Pay Rent In This Bad Economy? by maasoap(m): 5:31pm On Aug 21, 2023
meum:
When it’s time to get it right we allow sentiments becloud our judgement. Just save up & pay. You need a roof over you & your family before anything else. Landlord too has to survive in this bad economy.
You are right. Few months ago, I calculated the number of days remaining to my next house rent payments, divided the amount by number days and I began to drop N1100 every night. I still have three and half months to go as at today, thanks to Opay which makes automatic deductions possible.
Now, I don't even think I'm going to need that money for house rent again. cheesy cheesy cheesy

3 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by winj3: 5:31pm On Aug 21, 2023
But Africans still manage to produce poverty stricken kids they cannot feed.

2 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by maasoap(m): 5:32pm On Aug 21, 2023
Caspry5:
How landlady wan take understand say i nor join vote this bad govt angry
Laughing. You should have snapped your ballot paper that day, it is allowed.

1 Like

Re: How Do You Manage To Pay Rent In This Bad Economy? by maasoap(m): 5:35pm On Aug 21, 2023
IyaTola:
I see people who ask these questions as irresponsible fellas , it like to the fact that the day your wife misses her period she has given you 9 months notice to prepare. Same thing goes for your rent, the day you rent the house start making provision for your next month rent either by setting a specific amount every month into a fund that will be yielding interest

For instance, if you rent is 60k, 500 naira a day would amount to 3000 a month and so 72k per year.
grin
Not really irresponsible. Just that they're not wise to think that far.

4 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by Fearyourcreator: 5:35pm On Aug 21, 2023
teekay213:
you have a nice landlord,,,I pleaded with my landlord to reduce it to 6 months rent he no gree...Na A year rent he want and if you're a week late na wahala
He no go die well... A week late... He dey madt
Re: How Do You Manage To Pay Rent In This Bad Economy? by Intergrated: 5:38pm On Aug 21, 2023
Catarium:
To pay your rent and other bills in this economy can be simple. Just create your own economy and design an income for yourself. You need the right mindset and most of all, a MENTOR...
naso motivational speaker.

3 Likes 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by Larry1960: 5:39pm On Aug 21, 2023
ibechris:
As a family man one has to plan and budget very well.

For me,I don't have issue paying my rent. What I do is, pay from passive income.

Or I use my 10 per annum of 10million mutual funds.

Life is easy if u started your 20's organising yourselves very well.

How does this mutual funds work and what's the roi
Re: How Do You Manage To Pay Rent In This Bad Economy? by Verokeena(f): 5:43pm On Aug 21, 2023
Larry1960:


How does this mutual funds work and what's the roi

Mr Larry did you get my mention
Good afternoon
Re: How Do You Manage To Pay Rent In This Bad Economy? by Burruchaga71(m): 5:51pm On Aug 21, 2023
By the special grace of God.

To capture The DRUGGIE dead or alive is my priority.

I swear!!

3 Likes 2 Shares

Re: How Do You Manage To Pay Rent In This Bad Economy? by Brownshoe: 5:52pm On Aug 21, 2023
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1 Like 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by IbroMaka(m): 5:53pm On Aug 21, 2023
It is sheer wickedness to deprive landlords of the rent money

It takes 365 effing days to put up with this money and y'all be balling , flexing, chopping life previously... When due date set finish , una go come dey complain shitt

4 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by seanwilliam(m): 5:53pm On Aug 21, 2023
leisuretym:
So you never build your own house?
And you people will be bragging , shouting Do you know who I am?
mehn, reading some people comment and I was like so una still Dey pay rent ..

Note what I’m not mocking them , but these are guys wey sabi brokeshame people at slightest provocation o

3 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by ibechris(m): 5:53pm On Aug 21, 2023
Larry1960:


How does this mutual funds work and what's the roi


U can Google and study more about it.
Re: How Do You Manage To Pay Rent In This Bad Economy? by Larry1960: 5:54pm On Aug 21, 2023
Verokeena:


Mr Larry did you get my mention
Good afternoon


Sorry I didn't
Re: How Do You Manage To Pay Rent In This Bad Economy? by Larry1960: 5:57pm On Aug 21, 2023
Alliswell248:


Over 8.7 millions Nigerians believed and voted for Jagaban.
He is your President for the next 8 years.
U can go to Niger Republic....no one would miss you.

How can we see a first class accountant , who had worked with Exxon Mobil and vote for a third class philosophy graduate. Someone who manages to pass ordinary philosophy. He was ashamed to submit his University certificate to Inec...only presented his Gce.

Keep wailing....frustrated souls.



Bro stop this Tinubu has failed His policies are not working it is worsening the whole situation
I million naira is now like 100k

2 Likes 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by ibechris(m): 6:02pm On Aug 21, 2023
seanwilliam:
mehn, reading some people comment and I was like so una still Dey pay rent ..

Note what I’m not mocking them , but these are guys wey sabi brokeshame people at slightest provocation o


For me,paying rent is more economical than building a house and before u come too hard,I am an estate surveyor by both vocation and practice.

Owing a house isn't the ultimate,if i invest 50million in a house for instance,I can make 5million from renting 5 or 6 units of two bedroom but if invest same in one year into my business,I am sure to make a total of 28million from it. That is why when put together,I have hesitated to proceed in owing my house.

2 Likes 1 Share

Re: How Do You Manage To Pay Rent In This Bad Economy? by FRANKOSKI(m): 6:06pm On Aug 21, 2023
GOD DE SUSTAIN ME UN HIS OWN WAY. I DE CARRY FUEL GO INSIDE CAMEROON, PLACES THEY DON'T HQVE FILLING STATION.
IF I SELL A DRUM OF FUEL I GET 19K PROFIT.
Re: How Do You Manage To Pay Rent In This Bad Economy? by Basiljoe: 6:07pm On Aug 21, 2023
....
Re: How Do You Manage To Pay Rent In This Bad Economy? by Larry1960: 6:07pm On Aug 21, 2023
ibechris:



For me,paying rent is more economical than building a house and before u come too hard,I am an estate surveyor by both vocation and practice.

Owing a house isn't the ultimate,if i invest 50million in a house for instance,I can make 5million from renting 5 or 6 units of two bedroom but if invest same in one year into my business,I am sure to make a total of 28million from it. That is why when put together,I have hesitated to proceed in owing my house.



50M can't build 6 units of 2 bedroom

Currently
Re: How Do You Manage To Pay Rent In This Bad Economy? by NECO1998: 6:09pm On Aug 21, 2023
Cut your coat according to the size of your material. Why not ask how your landlords pay their bills?

3 Likes

Re: How Do You Manage To Pay Rent In This Bad Economy? by ibechris(m): 6:21pm On Aug 21, 2023
Larry1960:




50M can't build 6 units of 2 bedroom

Currently


Says who?
Re: How Do You Manage To Pay Rent In This Bad Economy? by OBIDIENTNAIJA: 6:22pm On Aug 21, 2023
Alliswell248:


Over 8.7 millions votes were alotted to the mandate thief to favour your drug lord
He is my town union President for the next 8yrs

You said nothing but the truth at the bolded.
But if you have problem with the first picture, you can make use of second picture. Nobody Sabi you.
You will explain tire. No evidence he won the election
Hahahahahaha

1 Like

Re: How Do You Manage To Pay Rent In This Bad Economy? by Alliswell248: 6:31pm On Aug 21, 2023
OBIDIENTNAIJA:

You said nothing but the truth at the bolded.
But if you have problem with the first picture, you can make use of second picture. Nobody Sabi you.
You will explain tire. No evidence he won the election
Hahahahahaha

Keep deceiving yourself.
No wonder you were referred to by two of your prominent sons as:
Unlearned
Uncultured
Headless mob.

Ugm and esn has destroyed your reasoning.

When is Hoebi coming?
Jokers won't to rule the zoo.

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