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Abigael

Trusted AdviserAbigael
Ask Abigael
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18 Questions
Home» Abigael»Answers
  • About
  1. Asked: September 15, 2023In: Money & Business

    How To Save Money On Vacation?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 17, 2023 at 8:17 am

    There are many ways that you can save money in vacation to avoid overspending. One of them is through cost sharing. If you are going individually, you can cost share with a friend. The same thing when going as a family, team up with your family friends and go together. You can also save on transportRead more

    There are many ways that you can save money in vacation to avoid overspending. One of them is through cost sharing. If you are going individually, you can cost share with a friend. The same thing when going as a family, team up with your family friends and go together.

    You can also save on transportation. Instead of paying highly for tickets, why don’t you enjoy a good road trip.

    Carrying your own food would also help. Especially given that most tourist sites and relaxation places sell foods and drinks expensively.

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  2. Asked: September 15, 2023In: Money & Business

    How To Save Money on Cable Subscription?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 17, 2023 at 8:09 am

    Why don't you use digital tv option. It comes with the most essential stations that you can watch for news, some sports and tv shows. Then you can buy movies, keep them in your flash disk to watch on tv. You will have cut out cable expenses and still enjoy the things you loved on cable subscription.Read more

    Why don’t you use digital tv option. It comes with the most essential stations that you can watch for news, some sports and tv shows. Then you can buy movies, keep them in your flash disk to watch on tv. You will have cut out cable expenses and still enjoy the things you loved on cable subscription.

    You could also reduce the stations you pay for in cable to only those that you watch. If there is that option, then you can definitely go for it.

    I know most men like cable subscription because of sports. Why don’t you make a habit of watching it with other men in a sports shop? It is so enjoyable when you watch with others, and the entry fee is way cheaper than cable subscription.

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  3. Asked: September 15, 2023In: Money & Business

    How To Save Money On Food Expenses

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 17, 2023 at 8:05 am

    Buying your food in bulk monthly rather than in small amounts daily can help you save money. You can just have a monthly budget on food that is enough for the whole month. Especially those that you use a lot daily. Maybe rice, sugar, tea leaves, coffee and cooking oil, those are best bought in bulkRead more

    Buying your food in bulk monthly rather than in small amounts daily can help you save money. You can just have a monthly budget on food that is enough for the whole month. Especially those that you use a lot daily. Maybe rice, sugar, tea leaves, coffee and cooking oil, those are best bought in bulk as they are cheaper. Especially when you buy them in an wholesale shop.

    Then you can budget for daily food spendings such as vegetables, fruits and snacks that you can’t buy in bulk. It also helps a lot to cook most of your food rather than eating out everyday.

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  4. Asked: September 15, 2023In: Money & Business

    What are Some Good Saving Apps?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 17, 2023 at 8:01 am

    You could save money through the binance app. You will have to covert your Fiat currency to cryptocurrency. I find it great for saving because they have some features such as Simple earn and Auto invest that enable you to earn some interest as you save your cryptocurrency. You could also save moneyRead more

    You could save money through the binance app. You will have to covert your Fiat currency to cryptocurrency. I find it great for saving because they have some features such as Simple earn and Auto invest that enable you to earn some interest as you save your cryptocurrency.

    You could also save money through your mobile bank app. Most banks these days offer mobile banking options with fixed savings or target savings accounts. You can use them and save your money.

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  5. Asked: September 15, 2023In: Money & Business

    Is it possible to invest and save at the same time?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 17, 2023 at 7:58 am

    I think it is possible to do both saving and investment at the same time. Though it would be so challenging if you do not have much money. That way, you can choose what to go for. In such a situation, I would personally choose to invest the little I have. This is because investment will help you notRead more

    I think it is possible to do both saving and investment at the same time. Though it would be so challenging if you do not have much money. That way, you can choose what to go for. In such a situation, I would personally choose to invest the little I have.

    This is because investment will help you not only keep the money but also multiply it. Saving is best when you have a specific target in mind. Otherwise, why not invest the money and make your portfolio grow. Then you can earn more profits.

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  6. Asked: September 15, 2023In: Money & Business

    What should I consider in choosing a financial advisor?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 16, 2023 at 3:11 am

    Seeking a financial advisor's help is indeed a good thing. Especially in matters about investment or legal actions to take concerning money. One quality you should look for is good knowledge. The financial advisor should be highly knowledgeable. Another quality is expertise in the niche you need helRead more

    Seeking a financial advisor’s help is indeed a good thing. Especially in matters about investment or legal actions to take concerning money. One quality you should look for is good knowledge. The financial advisor should be highly knowledgeable.

    Another quality is expertise in the niche you need help from. You cannot ask advise on investment from someone who specializes in insurance.

    Lastly, they should be able to show their success rates. This you will know from other people’s testimonies and records kept in the financial advisor’s office.

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  7. Asked: September 15, 2023In: Money & Business

    Is Emergency Fund Necessary to Save for Uncertainties?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 16, 2023 at 3:07 am

    Having an emergency fund savings plan is one of the best financial tips you need to follow. It comes with so much importance and benefits. One of them being that you will be able to afford your needs and expenses when emergency strikes. It will also keep you from debt since you don't have to take thRead more

    Having an emergency fund savings plan is one of the best financial tips you need to follow. It comes with so much importance and benefits. One of them being that you will be able to afford your needs and expenses when emergency strikes.

    It will also keep you from debt since you don’t have to take them for emergencies. Moreover, during emergencies, you won’t have to depend too much on other people.

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  8. Asked: September 15, 2023In: Money & Business

    What can 1 million do for you?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 16, 2023 at 3:03 am

    One million naira will do a lot for me, but first, I will have to convert it to Kenyan shillings. That will give me about two hundred thousand Kenyan shillings. I can use this amount to start a small business. Maybe sell some food or start a wines and spirits business. I could also invest it onlineRead more

    One million naira will do a lot for me, but first, I will have to convert it to Kenyan shillings. That will give me about two hundred thousand Kenyan shillings.

    I can use this amount to start a small business. Maybe sell some food or start a wines and spirits business. I could also invest it online through buying and selling cryptocurrencies. With time, this amount may grow into a million Kenyan shillings.

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  9. Asked: September 15, 2023In: Money & Business

    How to save money as a monthly earner?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 16, 2023 at 2:58 am

    A monthly earner can make it a habit to save money each month. When they receive money, they should set aside a certain percentage for saving. This percentage should be predetermined by setting a budget that includes your savings plan. The monthly earner could also benefit from making investments. IRead more

    A monthly earner can make it a habit to save money each month. When they receive money, they should set aside a certain percentage for saving. This percentage should be predetermined by setting a budget that includes your savings plan.

    The monthly earner could also benefit from making investments. Investing money not only saves it but also makes it grow. With time, you will have other reliable income source.

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  10. Asked: September 16, 2023In: Money & Business

    What is your secret personal finance management?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 16, 2023 at 2:53 am

    One of my money management ways is proper expenditure. I have learnt the importance of spending money wisely and it has worked so well for me. I always budget my needs and wants so that I can remember exactly what I am spending on. I have also learnt that investment is a proper strategy in financialRead more

    One of my money management ways is proper expenditure. I have learnt the importance of spending money wisely and it has worked so well for me. I always budget my needs and wants so that I can remember exactly what I am spending on.

    I have also learnt that investment is a proper strategy in financial management. When you invest, you save money and make it grow.

    Lastly, I learn to control my urges and desires. I say no to them so that I don’t end up spending on unnecessary things.

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