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Mika

Expert Mind
Ask Mika
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Home» Mika»Answers
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  1. Asked: August 5, 2023In: Money & Business

    How to Save Money as a Student?

    Mika
    Mika Expert Mind
    Added an answer on August 6, 2023 at 1:36 am

    In order to save money, you need an income, do you have an income as a student? If you do not have an income, you must be receiving allowances from your parents, right? Do you receive more than what you actually need? In that case, you can start saving from your allowances. If you are doing part-timRead more

    In order to save money, you need an income, do you have an income as a student? If you do not have an income, you must be receiving allowances from your parents, right? Do you receive more than what you actually need? In that case, you can start saving from your allowances. If you are doing part-time work as a student, you should try to spend less so that you have enough money to start saving. If you stop going to parties and clubs, you will be able to save a lot of money

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  2. Asked: August 5, 2023In: Money & Business

    What Are the Simple ways to save money?

    Mika
    Mika Expert Mind
    Added an answer on August 6, 2023 at 1:32 am

    A lot of people say that they are unable to save money because they don't earn enough. However, this is one of the common lies related to saving. No matter how much you earn, you can still save money. First of all, you need to save at leat 10 percent of your income. You will then have to adjust yourRead more

    A lot of people say that they are unable to save money because they don’t earn enough. However, this is one of the common lies related to saving. No matter how much you earn, you can still save money. First of all, you need to save at leat 10 percent of your income. You will then have to adjust your life so that you can live off with 90 percent of your income. You will have to manage your life according to your income level so that you always have surplus money to start saving.

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  3. Asked: August 5, 2023In: Money & Business

    How to Save and Invest Money from my Salary?

    Mika
    Mika Expert Mind
    Added an answer on August 6, 2023 at 1:28 am

    Make a budget following the formula of 50-30-20. You allot 50 percent of your income to necessities, 30 percent to wants and wishes, and 20 percent to saving and investment. Every time you receive a salary you will have to save 20 percent of your income. Once your savings become somewhat big, you shRead more

    Make a budget following the formula of 50-30-20. You allot 50 percent of your income to necessities, 30 percent to wants and wishes, and 20 percent to saving and investment. Every time you receive a salary you will have to save 20 percent of your income. Once your savings become somewhat big, you should start investing. You can start with stocks, mutual funds, ETFs, bonds, and treasury bills. You should also minimize your risk by investing money as well as saving money.

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  4. Asked: July 25, 2023In: Money & Business

    How do I start a Poultry business plan?

    Mika
    Mika Expert Mind
    Added an answer on August 5, 2023 at 9:17 am

    First determine, what you would like to sell. If you want to sell eggs, you will have to raise layer chicken. If you want to sell meat, you will have to sell broiler chickens. if you want to sell meat, you will also have to decide whether you want to wholesale chicken to slaughter houses or sell meaRead more

    First determine, what you would like to sell. If you want to sell eggs, you will have to raise layer chicken. If you want to sell meat, you will have to sell broiler chickens. if you want to sell meat, you will also have to decide whether you want to wholesale chicken to slaughter houses or sell meat yourself. Once you decide on what you want to sell, you can make plans accordingly. You will also have to build your knowledge and skills on how to run the poultry farm

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  5. Asked: July 29, 2023In: Money & Business

    Tips on starting a drinking parlour business

    Mika
    Best Answer
    Mika Expert Mind
    Added an answer on August 5, 2023 at 9:13 am

    You need to find the best location for your business based on the kind of drinks you are selling. If you are selling expensive drinks, you will have to open your bar in a posh area, if you are trying to sell local beverages, you will have to open your slows in the suburbs where most of your customerRead more

    You need to find the best location for your business based on the kind of drinks you are selling. If you are selling expensive drinks, you will have to open your bar in a posh area, if you are trying to sell local beverages, you will have to open your slows in the suburbs where most of your customers are concentrated. You will also have to register your business and get a license to sell the drinks. You will have to hire bar tender with great skills to prepare exotic drinks to attract customers.

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  6. Asked: August 4, 2023In: Money & Business

    How to manage your savings?

    Mika
    Mika Expert Mind
    Added an answer on August 5, 2023 at 9:09 am

    You need to save money for various purposes, for example, retirement funds, emergency funds, buying properties, investing, etc. It is highly recommended that you save at least 20 percent of your income. Whenever you receive payment, set aside 20 percent. Use savings to build emergency funds. Once yoRead more

    You need to save money for various purposes, for example, retirement funds, emergency funds, buying properties, investing, etc. It is highly recommended that you save at least 20 percent of your income. Whenever you receive payment, set aside 20 percent. Use savings to build emergency funds. Once you have enough money to spend for 12 months, start using your savings to invest in various assets. Start with stock market, and then gradually move to other markets.

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  7. Asked: August 4, 2023In: Money & Business

    How does one handle every spending?

    Mika
    Mika Expert Mind
    Added an answer on August 5, 2023 at 9:07 am

    First of all, you need to identify necessary spending and unnecessary spending. The rent you pay is necessary spending. Buying a pair of jeans when you already have half a dozen pairs of jeans is unnecessary spending. Once you are able to identify necessary spending and unnecessary spending, you wilRead more

    First of all, you need to identify necessary spending and unnecessary spending. The rent you pay is necessary spending. Buying a pair of jeans when you already have half a dozen pairs of jeans is unnecessary spending. Once you are able to identify necessary spending and unnecessary spending, you will have to cut all your unnecessary spending. The money you are spending on unnecxessaary items should be used for better purpose, for example saving or investing.

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  8. Asked: August 4, 2023In: Blogging, Websites & Online Skills

    What do I need to know to start a Blogging Business?

    Mika
    Mika Expert Mind
    Added an answer on August 5, 2023 at 9:04 am

    If you want to blog for money, here are the requirements: Writing skills: Blogging means writing articles and publishing on your blog. Therefore, you need writing skills. SEO and digital marketing: You need traffic on your blog and you can bring traffic only through SEO and digital marketing Money:Read more

    If you want to blog for money, here are the requirements:

    Writing skills: Blogging means writing articles and publishing on your blog. Therefore, you need writing skills.

    SEO and digital marketing: You need traffic on your blog and you can bring traffic only through SEO and digital marketing

    Money: You need to register a domain and buy hosting, you need money for a domain and hosting. You can also start a free blog but it is really difficult to monetize a free blog.

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  9. Asked: August 5, 2023In: Money & Business

    How to attract customers for a new building materials business

    Mika
    Mika Expert Mind
    Added an answer on August 5, 2023 at 8:53 am

    What kind of building materials are you selling, cement, bricks, sand, tiles, pipes and fittings, paints, and what else? You will have to find your customers according to the items you are selling. If you are selling a lot of items, you can try looking for contractors or property developers in yourRead more

    What kind of building materials are you selling, cement, bricks, sand, tiles, pipes and fittings, paints, and what else? You will have to find your customers according to the items you are selling. If you are selling a lot of items, you can try looking for contractors or property developers in your area to sell your items. You can also identify people who are trying to build their own houses. You can sell your items to these people as well. Running ads on local papers or even local TV stations and radios can also help you to bring customers

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  10. Asked: July 12, 2023In: Money & Business

    How to generate money with cpa marketing

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 3:55 pm

    Create social media pages, and build a huge following on social media pages. Create a blog and build huge traffic on your blog. Build a lot os subscribers for your newsletter services. Then join popular CPA marketing companies like Amazon, Clickbank, etc. Find the highest selling products, grab theRead more

    Create social media pages, and build a huge following on social media pages.

    Create a blog and build huge traffic on your blog.

    Build a lot os subscribers for your newsletter services.

    Then join popular CPA marketing companies like Amazon, Clickbank, etc. Find the highest selling products, grab the affiliate link and promote your affiliate links through your social media pages, websites or newsletters.

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