iEphraim

So you are a single guy, working on the Island, earning at least 100k monthly and you are contemplating whether to live in Iyana Ipaja or Maryland, Egbeda or Yaba, Abule-Egba or Surulere, Okokomaiko or Ikeja? Let me help you break it down. A lot of factors need to be considered before making this decision. Most young people I see consider the huge rent they must pay to landlords in the “mainland highbrow”. This is where they get it wrong! You don’t consider that first, you need to sit down and do the calculations. Have you considered the transport fare you will pay daily to and fro work? How about the Danfo and Conductor Wahala? Did you consider the number of hours you will spend (waste) on the road to and fro work? Proximity to everywhere? How about the health implications? It is usually not advisable to spend more than 30% of your salary as rent. So, you have 30k from your 100k monthly salary which is 360k to pay for your rent. I am sure you can get a decent self-contain apartment in...

Finance has been identified as a major factor in any relationship and more so in a marriage relationship. If not properly checked money issue can trigger arguments, fights and ultimately separation/divorce. It is important to discuss this issue as soon as you are getting attached to that special somebody to avoid unnecessary toxic air. From my little experience and observation in life, I have identified three (3) different ways I have seen families manage their finances.   I will only highlight the three ways while you determine which you prefer and what will work for you. Since you are in a relationship, I have assumed that you love (you noticed I did not use trust) each other. First of all, we have the relationship where the man is the all-in-all. This category is where the man’s money is our money and the woman’s money is her money. A lot of women prefer this as it gives them undue advantage even when they earn as much as their man (if not more). To this categories of women, #w...