Thursday, June 25, 2009

Saving For Rent

I wish to understand why people owe their landlords. I know money is hard to come by, especially if you don't have a good job or maybe a steady income. But, if the cash can flow in any way, there should be a mechanism for it to satisfy your shelter needs.

Meeting your shelter needs should not be too difficult, its supposed to be the first on your priority, because, you can't go to work from under the bridge nor will your children go to school from there. In a decent accomodation, you have a healthy and decent thought. This may also lead towards keeping good company, and being admited to the right association/fellowship. Your enviroment matters. Dont say you are poor nor He is rich. We all deserve good things, and, believe me, they are coming as planned and according to our preparations.

You must prepare to face the challenge. While the cash flows, you must pay the rent. HOW?

Go to the bank, dont take credit,
  1. Start/join a new saving scheme (Open a High Interest Deposit Account)
  2. Divide your rent in twelve portions.
  3. Make a compulsory deposit of 1/12 of you annual rent every month. Instruct your bank to make a compulsory deduction of that whole amount from your normal saving/current account (eg. salary account). You can also issue (pay in) forward dated cheques to the account.
  4. discuss with your landlord and agree to pay every quarter (3 month) or half-year.
  5. Pay cash or into his account on or befor the accepted date(s).
Note: You can call for my money market formula which will help you to save/raise a year rent in a quarter and roll it over as investment for invest for 4 terms to get another year's rent.

Finally, saving every month will help you build a secured financial structure that will save you both time and space now and the future. If you follow this plan, you will
  • Enjoy monthly rent payement (private)
  • Always have bulk cash for annual rent payment
  • live happily with your family
Having saved for your rent, you have partially met your shelter goals. You may have to start saving for a new home, Every family deserve a home. Bet me, your spouse will beleive you and trust your atitude the more. You decisions, should be a positive contribution to move the whole family forward.

Call me if you need more help: +234 805 645 1874 or chuddy17@hotmail.com



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