Income & Commitments
Total Household Monthly Net Income35,000 ETB
Other Monthly Debt / Loan Obligations3,000 ETB
Rent You Are Considering (optional test)10,000 ETB
Recommended Safe Rent (30% Rule)
10,500ETB / month
stretched Budget Ratio
Your rent is slightly high (30-40% of income). Keep personal discretionary expenses low to protect savings.
Stretch Limit (40%)
14,000 ETB
Leftover for Food & Living
22,000 ETB
Ethiopian Tenancy Considerations
- Keep at least 3 months of rent in a separate reserve wallet to absorb upfront multi-month contract demands.
- Factor in utility bills (electricity, water, security, and compound fees), which typically add 8% to 12% on top of base rent.
- Always obtain a registered lease contract specifying notice periods before price renegotiations.
Keep housing & household spending balanced in QabeeAI
Set a dedicated 'Housing & Rent' budget category in QabeeAI and track electricity, water, and building maintenance bills alongside rent.
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