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Abigael

Trusted AdviserAbigael
Ask Abigael
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18 Questions
Home» Abigael»Answers
  • About
  1. Asked: September 11, 2023In: Money & Business

    Is it true that debts ruin our future savings?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 15, 2023 at 2:39 am

    Yes, debts tend to hinder with our savings. This is because they make you financially unstable. All the money you earn is for expenses and clearing debt. Sometimes you don't even earn enough for both and so you have to take loans to clear your expenses while paying off those with high interest ratesRead more

    Yes, debts tend to hinder with our savings. This is because they make you financially unstable. All the money you earn is for expenses and clearing debt. Sometimes you don’t even earn enough for both and so you have to take loans to clear your expenses while paying off those with high interest rates.

    It is best to take loans with a good plan so that they don’t hinder with your saving culture. You should clearly specify where you will get money to clear debt and work hard to make it happen.

     

     

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  2. Asked: September 11, 2023In: Money & Business

    Can we help our parents settle their debts?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 15, 2023 at 2:35 am

    If I have the capacity, then I will definitely help my parents settle their debts. But if I am struggling financially too like right now, I will not be able to help them. Though I will feel so guilty given that they have already struggled for me so much. Though there is another mindset too that pareRead more

    If I have the capacity, then I will definitely help my parents settle their debts. But if I am struggling financially too like right now, I will not be able to help them. Though I will feel so guilty given that they have already struggled for me so much.

    Though there is another mindset too that parents are individual human beings too. They are supposed to take of their debts and not burden their children too much.

    You know there is need to teach our parents financial literacy. Most of them did not learn how to budget well and make money grow through investment.

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  3. Asked: September 12, 2023In: Money & Business

    Should we consider marketing the only way to promote a business?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:36 am

    No, intentional marketing is not the only way to promote a business. Sometimes you can advertise a business when you did not really mean to. One great way this may happen is when you treat your customers really well. The quality products and services that you give them could be a testimony to thoseRead more

    No, intentional marketing is not the only way to promote a business. Sometimes you can advertise a business when you did not really mean to. One great way this may happen is when you treat your customers really well. The quality products and services that you give them could be a testimony to those who have not patronized you. Your own customers will market you through a word of mouth.

    Another unintentional marketing strategy is your employees. Have you ever seen company uniforms that are so attractive that it makes people come into your business? This is why most restaurant businesses strive well, their own dressing code attracts customers.

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  4. Asked: September 13, 2023In: Money & Business

    How can I earn money working as a marketer ?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:30 am

    One can actually make money through being a marketer. This is one skill that most companies pay for as they know the importance of investing into promoting their business. One of the ways to earn money as a marketer is becoming a social media influencer. This requires a good social media following aRead more

    One can actually make money through being a marketer. This is one skill that most companies pay for as they know the importance of investing into promoting their business.

    One of the ways to earn money as a marketer is becoming a social media influencer. This requires a good social media following and the technical know how for doing social media marketing.

    You could also earn money through affiliate marketing. This requires a marketer to promote an affiliate link and earn a commission for every purchase made through his or her link.

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  5. Asked: September 13, 2023In: Money & Business

    How can marketer advertised company products ?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:26 am

    There are several ways to do marketing for a company. One is through social media marketing. A company should have a social media manager who posts content regularly about the business. A company can also leverage social media using influencers. They are so good at marketing a business to their hugeRead more

    There are several ways to do marketing for a company. One is through social media marketing. A company should have a social media manager who posts content regularly about the business. A company can also leverage social media using influencers. They are so good at marketing a business to their huge social media following.

    Another great way to do marketing is through campaigns. A road show can attract so many people’s attention, that is a great marketing campaign to invest into.

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  6. Asked: September 13, 2023In: Money & Business

    How to make money as a marketer?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:22 am

    Affiliate marketing is a great way to make money as a marketer. You will be given an affiliate link by a company to promote. Everytime someone purchases something through your link, you will earn an agreed upon commission. You can also make money as a marketer through copywriting. This is a method oRead more

    Affiliate marketing is a great way to make money as a marketer. You will be given an affiliate link by a company to promote. Everytime someone purchases something through your link, you will earn an agreed upon commission.

    You can also make money as a marketer through copywriting. This is a method of advertising a company through written content. So many businesses hire copywriters to do marketing.

    Being a social media influencer is also a great way a marketer could make money. This requires that you have a really good social media following.

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  7. Asked: September 14, 2023In: Money & Business

    How advertising help improve our business?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:18 am

    Advertising is a very important tool in business. It helps introduce new customers into your business regularly. You will make good money out of exposing your business that well. Advertising could also help a lot in introducing a new product into the market. You will engage in it's promotion and proRead more

    Advertising is a very important tool in business. It helps introduce new customers into your business regularly. You will make good money out of exposing your business that well.

    Advertising could also help a lot in introducing a new product into the market. You will engage in it’s promotion and product testing which boosts the success of launching new products.

    Advertising creates network with other businesses. Hiring someone to do the advertising is a positive network created in itself.

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  8. Asked: September 13, 2023In: Money & Business

    How can You Save Money on Rent where rent is expensive

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:13 am

    One great way to save on rent when it is expensive would be having a roommate. This works so well if you are living alone or don't have a family. Even when you have a family, renting out some part of your house that isn't in use could help you save on rent. It might also be beneficial to live withinRead more

    One great way to save on rent when it is expensive would be having a roommate. This works so well if you are living alone or don’t have a family. Even when you have a family, renting out some part of your house that isn’t in use could help you save on rent.

    It might also be beneficial to live within your rent means. You need to live comfortable but also in a space that your income can buy and you still can afford other important expenses.

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  9. Asked: September 13, 2023In: Money & Business

    How Can You Save Money on Your Next Vacation?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:09 am

    Budgeting for the vacation is the first most important thing to do. Most people spend on fun activities randomly then end up regretting most things they spend on. When you plan for it, it is easier to save money rather than waste it away. Opting for a cheaper transport means would also be beneficialRead more

    Budgeting for the vacation is the first most important thing to do. Most people spend on fun activities randomly then end up regretting most things they spend on. When you plan for it, it is easier to save money rather than waste it away.

    Opting for a cheaper transport means would also be beneficial. Instead of paying expensive air tickets for each member of the family, why don’t you enjoy a great road trip?

    Travelling in groups can be fun too, and it saves you money as you cost share. Being in a travel bus with your individual and family friends can be so awesome.

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  10. Asked: September 13, 2023In: Money & Business

    How Can You Save Money as Single Parents?

    Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on September 14, 2023 at 3:05 am

    Being a single parent with no co-parenting advantage can be really hard. It means you are the only one fending for the family and have to also save some money regularly. This will require you as a single parent to have a good income source, preferably multiple sources of income. Most people work extRead more

    Being a single parent with no co-parenting advantage can be really hard. It means you are the only one fending for the family and have to also save some money regularly.

    This will require you as a single parent to have a good income source, preferably multiple sources of income. Most people work extra hard to budget money well yet they are not earning enough. Earning money should be your priority.

    Throughout the process of earning and building several income sources, you need to manage money well. Don’t spend it on unnecessary things and be intentional about what you buy. A good budget helps manage money well.

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