Etini Willie
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One of the most basic important necessities for man is shelter. A shelter is a place where you go in and have your abode. Every human needs a place to lay his/her head. Getting good shelter nowadays is not easy though. When it comes to renting a home, there are two payment methods generally practived. These are the yearly payment method and the monthly payment method. If you are a tenant, which is better for you financially? If you have a relative who is a tenant, would you advise him/ her to subscribe to a yearly or monthly rent?
Monthly rent is better for low-income earners who don't easily see bulk money regularly. These are people whose earnings come in bits and pieces. They should pay their rent at the pace at which their earnings flow. It is convenient and less pressing for them. The only downside is that it places a burden on your mind every time.
The yearly house rent payment method is suitable for people with average to high incomes. They can afford it in bulk and pay easily. It helps them to plan their finances. It removes the pressure of thinking about house rent as frequently as every month.
I stand with yearly rents. Which one do you stand for?
Monthly rent is better for low-income earners who don't easily see bulk money regularly. These are people whose earnings come in bits and pieces. They should pay their rent at the pace at which their earnings flow. It is convenient and less pressing for them. The only downside is that it places a burden on your mind every time.
The yearly house rent payment method is suitable for people with average to high incomes. They can afford it in bulk and pay easily. It helps them to plan their finances. It removes the pressure of thinking about house rent as frequently as every month.
I stand with yearly rents. Which one do you stand for?