By Ovundah Nyeche.
When you get married, apart from your children school fees, one issue that will talk to you every year/season, if you stay in a country like Nigeria and you don’t have your property, stay in your organization’s accommodation, or have your accommodation sorted out by your organization, is the issue of house rent.
Yes, house rents speaks so loud…and house rents can cause family problems if not tackled with wisdom, reality and the truth.
As a couple, it is important you tell yourself basic truths about your finances and plan accordingly.
Yes your ‘levels’ may be saying GRA or Peter Odili road or Banana Island, but what does your pocket say? Knowing that in 12 months time, the house rent bell will ring again…and for unexplained reasons it is usually easier to pay the first rent than subsequent ones in many cases.
Like someone advised your yearly house rent should not be more than 20% of your yearly income or yearly profi and trust me ‘e no easy to bring out’ the whole rent at once, so it may be wisdom to save monthly for it. So if you can’t bring out (let’s say your house rent is #1,000,000 yearly) #100,000 monthly comfortably, it may be very difficult to pay the #1,000,000 at once and it may be a pointer, that you are living above your means.
May the Lord grant us wisdom and may you not live your life on other people’s impression about you…or plan your budget based on the circle of friends you belong to. All fingers are not equal, even if they are part of the same hand.
Telling yourselves basic truths, can save your family a whole lot of headache…yes, life is not always straight forward and hard times and emergencies can sometimes come unannounced, but to the best of your abilities, be truthful to yourselves.
Like a proverb says “No look another person pot of soup, do garri”…’e go shock you’.
May wisdom lead you.