PLEASE HELP! Do I Build A Small House Now Or Keep Saving?

★★★★★★★★★★★★★★★★★★★★★
CLICK TO DOWNLOAD JETHITMUSIK MOBILE APP
★★★★★★★★★★★★★★★★★★★★★

I am in a dilemma worsened by this covid19.

I am a graduate male of 29 residing in the East.

I still squat with a friend, not because I don’t have money for house rent.

… But principally because I have been unable to figure out what I want to do with my life, hence renting a house feels like a commitment that might get me stuck.

MUST READ:  TOO BAD! Man Stabs His Wife To Death In Jigawa

I always feel I might move anytime soon– to either another state or abroad for masters or just practice of my profession. Note that I didn’t study a STEM course.

All these while squatting, I have been saving via my proceeds from hustles.

In the wake of this COVID-19, I checked all my banks and found out that money I have in my account has lost so much value given the dollar rate.

MUST READ:  BREAKING!! Sultan Declares Friday Sallah Day, Urges Muslims To Pray In Mosques

I have 11.4 million, inclusive of my working capital, plus a rickety car valued at 350k. Each time, I need just 3-5 m as working capital.

It seems that trying to save more is a false economy and might be counter-productive.

NOW, I AM CONSIDERING buying a plot of land and erecting a small house even if it’s 3 rooms. This, I think will serve as an investment that will keep appreciating and also serve as a residence.

MUST READ:  “Love Used To Be Blind, But Now It Looks At Your Pocket” – Actress, Nazo Ekezie

Or just open a domiciliary account to hedge against naira fall and continue saving.

What Do You Think Please?

The post PLEASE HELP! Do I Build A Small House Now Or Keep Saving? appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.


Source: News update

jethitmusik

Next Post

Lalong: I Won’t Relent Until The Last Almajiri Is Relocated From Plateau

Sat May 2 , 2020
Post Views: 243 34 ★★★★★★★★★★★★★★★★★★★★★ CLICK TO DOWNLOAD JETHITMUSIK MOBILE APP ★★★★★★★★★★★★★★★★★★★★★ The Plateau State Governor, Simon Bako Lalong, says, he won’t relent on his efforts until the last Almajiri is relocated to their state of origin to help fight the spread of covid-19 in the state. The governor disclosed […]
Copyright All right reserved Theme: Default Mag by ThemeInWP