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Augusta

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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Augusta
AugustaEnlightened Mentor
Asked: May 3, 2026In: Money & Business

How to save cost as a fairly used products seller

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 9, 2026 at 8:15 am

    To save cost as a fairly used products seller, focus on buying in bulk from trusted suppliers or estate sales to reduce unit price. Negotiate strongly and build long-term supplier relationships for discounts. Reduce storage cost by using small rotating inventory and selling fast-moving items first.Read more

    To save cost as a fairly used products seller, focus on buying in bulk from trusted suppliers or estate sales to reduce unit price. Negotiate strongly and build long-term supplier relationships for discounts. Reduce storage cost by using small rotating inventory and selling fast-moving items first. Repair/refurbish only high-demand goods. Avoid dead stock by testing demand before large purchases. Use free/low-fee online marketplaces and optimize delivery routes to cut logistics expenses. Track every expense and reinvest profits wisely. Bundle items to increase turnover!s

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Augusta
AugustaEnlightened Mentor
Asked: May 3, 2026In: Insurance

How to know the best insurance agent to work with ?

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 11, 2026 at 7:17 am

    When you're picking an insurance agent, it's important to begin by verifying their license, experience, and reputation. A top-notch agent pays attention to what you need, clarifies policies in a simple way, and presents various options rather than pushing a single plan. It's wise to seek out feedbacRead more

    When you’re picking an insurance agent, it’s important to begin by verifying their license, experience, and reputation. A top-notch agent pays attention to what you need, clarifies policies in a simple way, and presents various options rather than pushing a single plan. It’s wise to seek out feedback, recommendations, and observe how quickly they address your queries or problems with claims. The finest agents are upfront about expenses, coverage boundaries, and what’s not included. Additionally, they should assist you in reviewing policies regularly as your circumstances evolve. Trust, clear communication, openness, and good customer service are all indicative of a trustworthy insurance agent.

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Augusta
AugustaEnlightened Mentor
Asked: May 3, 2026In: Banks, Cards & Fintech Help

How to know a honest bank to work with?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on May 7, 2026 at 6:35 am

    The first thing  you need to do is check reviews and ratings from other customers to see if the bank has a good track record, then look for banks that clearly explain their fees, terms, and conditions without hidden charges another thing you need to do is ensure the bank is properly regulated by finRead more

    The first thing  you need to do is check reviews and ratings from other customers to see if the bank has a good track record, then look for banks that clearly explain their fees, terms, and conditions without hidden charges another thing you need to do is ensure the bank is properly regulated by financial authorities, which can provide a level of security and trust. Ensure that the customer service also fits your preference as well. 

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Augusta
AugustaEnlightened Mentor
Asked: May 3, 2026In: Money & Business

How to get a good location for a business

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  1. Redditcat1
    Redditcat1 Active Contributor Digital marketer
    Added an answer on May 6, 2026 at 11:00 pm

    Before you can get a good location for your business you need to make research of what people who are living there seems to be patronize ask what they love to buy conduct niched research and questionnaire this are the best method to chose business location

    Before you can get a good location for your business you need to make research of what people who are living there seems to be patronize ask what they love to buy conduct niched research and questionnaire this are the best method to chose business location

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Augusta
AugustaEnlightened Mentor
Asked: May 2, 2026In: Money & Business

Braiding hair or sewing clothes which business is more profitable

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  1. Miracle
    Miracle
    Added an answer on May 6, 2026 at 11:00 pm

    They are both profitable it actually depends on the place you want to startup and also your commitment to your business, braiding requires an easy startup and also gives profit if your work is nice and neat but sewing requires a higher setup it also gives profit if your work is professional and youRead more

    They are both profitable it actually depends on the place you want to startup and also your commitment to your business, braiding requires an easy startup and also gives profit if your work is nice and neat but sewing requires a higher setup it also gives profit if your work is professional and you deliver on time

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Augusta
AugustaEnlightened Mentor
Asked: May 2, 2026In: Insurance

Why do people with sane insurance pays different dividend

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 11, 2026 at 7:09 am

    People with the same insurance policy may receive different dividends because insurance companies calculate payouts using several factors. These include the size of the policy, how long the customer has held it, claim history, premium payments, risk level, and the company’s yearly profits. Some poliRead more

    People with the same insurance policy may receive different dividends because insurance companies calculate payouts using several factors. These include the size of the policy, how long the customer has held it, claim history, premium payments, risk level, and the company’s yearly profits. Some policies also have bonus features or investment components that affect dividends. Even when two people have similar insurance plans, their personal records and policy terms can lead to different dividend amounts.

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Augusta
AugustaEnlightened Mentor
Asked: May 2, 2026In: Money & Business

How to save money with transporting goods to the business premises

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 3, 2026 at 7:58 am

    If you want to save some cash when getting goods to your business, it's a good idea to schedule deliveries in big batches instead of lots of small trips. This'll help cut down on fuel and transport expenses. Take the time to check out different logistics companies and haggle for better rates by commRead more

    If you want to save some cash when getting goods to your business, it’s a good idea to schedule deliveries in big batches instead of lots of small trips. This’ll help cut down on fuel and transport expenses. Take the time to check out different logistics companies and haggle for better rates by committing to long-term deals. Opt for the most efficient routes and aim for off-peak delivery times to steer clear of delays. You could even think about sharing transport with neighboring businesses. Keep your vehicles well-maintained to dodge any hefty repair bills. Keep a close eye on your spending to spot any unnecessary costs and find ways to work smarter. Just keep at it to stay on top of things.

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Augusta
AugustaEnlightened Mentor
Asked: May 2, 2026In: Money & Business

What are the different ways to informed customers about new arrivals

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  1. Miracle
    Miracle
    Added an answer on May 6, 2026 at 11:00 pm

    These days there are different good ways to inform your customers about the arrival of new goods you can make use of social media: TikTok, Facebook and so many other platforms, you can also use your WhatsApp status you can also make use of media materials like posters 

    These days there are different good ways to inform your customers about the arrival of new goods you can make use of social media: TikTok, Facebook and so many other platforms, you can also use your WhatsApp status you can also make use of media materials like posters 

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Augusta
AugustaEnlightened Mentor
Asked: May 1, 2026In: Money & Business

Different lazy ways to make money

Are you making money online in a lazy way. What are the ways you are doing so?

Are you making money online in a lazy way. What are the ways you are doing so?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on May 1, 2026 at 2:31 pm

    Is there actually a lazy way to make money online? I used to think writing on forums was easy but truth be told it actually requires some level of work, you have to read and understand, and be constructive with your answers. Anything that includes making money online, or even offline requires some eRead more

    Is there actually a lazy way to make money online? I used to think writing on forums was easy but truth be told it actually requires some level of work, you have to read and understand, and be constructive with your answers. Anything that includes making money online, or even offline requires some effort to actually achieve the needed results. 

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Augusta
AugustaEnlightened Mentor
Asked: May 1, 2026In: Banks, Cards & Fintech Help

What's your experience with PayPal Xoom?

Have you ever gotten money through Paypal Xoom as a Nigerian. What was the experience like?

Have you ever gotten money through Paypal Xoom as a Nigerian. What was the experience like?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on May 1, 2026 at 2:37 pm

    I have received money through PayPal xoom two times now, and i must say, the experience was pretty okay and fast. You need to ensure the person who is sending the money needs to use your correct name that is in your identity card, and also send you the transaction number. This is what the bank needsRead more

    I have received money through PayPal xoom two times now, and i must say, the experience was pretty okay and fast. You need to ensure the person who is sending the money needs to use your correct name that is in your identity card, and also send you the transaction number. This is what the bank needs to confirm the transaction. In Nigeria, the money comes in through RIA. So ensure you tell the bank ria and not PayPal xoom. 

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