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Abigael

Trusted AdviserAbigael
Ask Abigael
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18 Questions
Home» Abigael»Answers
  • About
  1. Asked: September 19, 2023In: Money & Business

    Which is the best book for a teenager for financial management?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on March 11, 2024 at 8:59 pm

    One of the best books that teens can use to learn financial management is Rich Dad, Poor Dad by Robert Kiyosaki. This is a very good book for all ages as it explains so many personal money management tips. I like it because it stresses the importance of being financially literate. Especially from aRead more

    One of the best books that teens can use to learn financial management is Rich Dad, Poor Dad by Robert Kiyosaki. This is a very good book for all ages as it explains so many personal money management tips.

    I like it because it stresses the importance of being financially literate. Especially from a young age so that you can build a great foundation in financial literacy..

    It also gives tips on exactly what you need to learn. That is: accounting, investment, understanding the markets and the law of your country. All these is what you need to focus on in financial literacy.

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  2. Asked: September 20, 2023In: Money & Business

    is it wrong to inquire about the personal life of your employees?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 1:17 pm

    It is not wrong to inquire about your employee's personal lives. Though they should give you this information on their own, never compel them to it. It should be optional whether they share or not. Knowing this information is crucial for the sake of taking care of their welfare. In case of anything,Read more

    It is not wrong to inquire about your employee’s personal lives. Though they should give you this information on their own, never compel them to it. It should be optional whether they share or not.

    Knowing this information is crucial for the sake of taking care of their welfare. In case of anything, you have a family member to call or know where the person lives.

    There should be a set type of personal information that people should give. For instance; the place they live and their next of kin.

     

     

     

     

     

     

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  3. Asked: September 20, 2023In: Money & Business

    what keeps you motivated when running your business?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 1:11 pm

    One thing that keeps me motivated in my online writing business is the passion I have for it. It is something that I really love doing and so I am always in a good mood for it. Another thing that motivates me is that I will eventually make some money. Who doesn't like a good pay at the end of the daRead more

    One thing that keeps me motivated in my online writing business is the passion I have for it. It is something that I really love doing and so I am always in a good mood for it.

    Another thing that motivates me is that I will eventually make some money. Who doesn’t like a good pay at the end of the day? So I love running my business and I enjoy the monetary rewards that follow.

    Lastly, I am motivated by my Desire to grow. I see myself as a tool ready for any improvements and that is what I stick with. I work hard to grow as much as I can.

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  4. Asked: September 18, 2023In: Money & Business

    How can I reduce my expenses on fuel usage?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 6:43 am

    There are several ways to reduce expenses on fuel usage. One of them is not going with your car everywhere. It is best to sometimes take a walk if you are not going far. You could also use public transport on those days when fuel prices are elevated. It might also help to carpool or offer transportRead more

    There are several ways to reduce expenses on fuel usage. One of them is not going with your car everywhere. It is best to sometimes take a walk if you are not going far. You could also use public transport on those days when fuel prices are elevated.

    It might also help to carpool or offer transport services on your way to work. That way, you can charge people and use the money to refill your fuel. That will have given you a new source of money to buy fuel.

    Another important fuel saver is adjusting your car such that you don’t speed too much and use up so much fuel. Also, do maintenance regularly to avoid losing fuel due defaults on your car.

     

     

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  5. Asked: September 18, 2023In: Money & Business

    How can I use my salary wisely?

    Abigael
    Best Answer
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 6:13 am

    It is important for sure to use your salary well. Instead of spending it randomly, it is better to be intentional and aware of how you are spending it. Here are some tips to spend salary wisely; 1. Budget it - this goes against the vice of spending randomly and on anything. It is best to know you neRead more

    It is important for sure to use your salary well. Instead of spending it randomly, it is better to be intentional and aware of how you are spending it. Here are some tips to spend salary wisely;

    1. Budget it – this goes against the vice of spending randomly and on anything. It is best to know you needs and wants so that you can prioritize your needs in spending.

    2. Save some for emergencies – they are inevitable and therefore better to plan for them. You won’t be caught unaware such that you take loans and suffer financially due to them.

    3. Invest some of your salary – investment helps you keep money and helps you grow it into a higher amount. Therefore, you should always set aside some money for investment.

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  6. Asked: September 20, 2023In: Money & Business

    How can I Foster teamwork in my business?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 6:03 am

    One of the best ways to promote team work in your business is identifying people's skills and abilities. That way, you will give duties according to people's skills. Grouping people into same abilities and interests will enable them to work in harmony and in togetherness. Team building activities alRead more

    One of the best ways to promote team work in your business is identifying people’s skills and abilities. That way, you will give duties according to people’s skills. Grouping people into same abilities and interests will enable them to work in harmony and in togetherness.

    Team building activities also promote teamwork. You should organize activities that promote team building regularly. In such activities, workers can interact, play games and discuss matters work that are meant to bring improvement.

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  7. Asked: September 21, 2023In: Money & Business

    How to achieve success in e-commerce?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 5:53 am

    To achieve success in e-commerce, there are skills you need to learn and be really good at. One of them is online marketing skills. You need to know how to market your products in social media, through websites and ad networks. Another skill you need is content creation. This still applies to onlineRead more

    To achieve success in e-commerce, there are skills you need to learn and be really good at. One of them is online marketing skills. You need to know how to market your products in social media, through websites and ad networks.

    Another skill you need is content creation. This still applies to online marketing given that you will need to create content alongside the products you are promoting. Creating attractive and well understandable content is the best thing in promoting products online.

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  8. Asked: September 8, 2023In: Money & Business

    What are the best products to sell online?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 21, 2023 at 5:50 am

    There are so many products that you can sell online nowadays. Success and profit from them will come from the skills you put in while selling and how well you know how to attract clients. These days, you can have both an online and offline store. Products such as clothes, shoes, computers, phone accRead more

    There are so many products that you can sell online nowadays. Success and profit from them will come from the skills you put in while selling and how well you know how to attract clients.

    These days, you can have both an online and offline store. Products such as clothes, shoes, computers, phone accessories and utensils can all be sold both offline and online..

    As for digital products such as ebooks, logos, images and websites, those can only be sold online. As I said, your skill in selling them is what will determine how much profit you will make.

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  9. Asked: September 20, 2023In: Money & Business

    Should I adjust my business when I am financially limited?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 20, 2023 at 6:37 pm

    It is important for a business to adjust when it is financially limited. Some of the adjustments you will need to make include; 1. Your supplier - if the supplier is too expensive, adjust to suppliers who sell at cheaper prices that will at least assure you of making profits. 2. The types of goods yRead more

    It is important for a business to adjust when it is financially limited. Some of the adjustments you will need to make include;

    1. Your supplier – if the supplier is too expensive, adjust to suppliers who sell at cheaper prices that will at least assure you of making profits.

    2. The types of goods you sell – you may have to adjust to what you can afford to sell. Drop some things for a while till you have enough money to sell more.

    3. Opening and closing time – having more working hours will mean selling more. So it might benefit you a lot to do a little adjustment on your time.

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  10. Asked: September 19, 2023In: Money & Business

    How can you stopped borrowing to gamble?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 20, 2023 at 6:22 pm

    I would like to add that as a gambler, always budget your gambling money. You should stop gambling with random money or taking loans to gamble. The importance of budgeting is that it makes gambling intentional and a careful strategy rather than a compulsive habit. That way, you will be aware when teRead more

    I would like to add that as a gambler, always budget your gambling money. You should stop gambling with random money or taking loans to gamble.

    The importance of budgeting is that it makes gambling intentional and a careful strategy rather than a compulsive habit. That way, you will be aware when tempted to borrow money to gamble with. That way, you will stop yourself.

    Budgeting also makes you enjoy the gambling. This is because you don’t regret a lot when you lose money. Gambling with an amount you can afford to lose is the best thing to do, it takes so much self discipline but is highly possible.

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