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Mika

Expert Mind
Ask Mika
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776 Questions
Home» Mika»Answers
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  1. Asked: July 28, 2023In: Money & Business

    What is the risk involved in making money online?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:21 pm

    If you have an offline job, you will also receive a lot of perks such as insurance coverage, pension plan, retirement funds, etc. apart form a monthly salary. However, when you are working online, you do not have access to any kind of employee benefits. This is the major risk associated with makingRead more

    If you have an offline job, you will also receive a lot of perks such as insurance coverage, pension plan, retirement funds, etc. apart form a monthly salary. However, when you are working online, you do not have access to any kind of employee benefits. This is the major risk associated with making money online. Another risk is not being able to get enough jobs, especially high paying jobs. No mater how hard you try, it is not possible to get online jobs always.

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  2. Asked: July 28, 2023In: Money & Business

    Is freelancing a potential way to make money online?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:19 pm

    Yeah, freelancing is the best way to make money online. As long as you have skills, you will be able to make money. The best part is you do not have to spend any money to do freelancing (you might have to spend a considerable amount of money and time to learn skills, though). If you have just starteRead more

    Yeah, freelancing is the best way to make money online. As long as you have skills, you will be able to make money. The best part is you do not have to spend any money to do freelancing (you might have to spend a considerable amount of money and time to learn skills, though). If you have just started, you might see a tough competition, however, if you work hard and continue to brush your skills, you will be able to make good amount of money. You can evben make full time income throuigh freelancing.

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

    Is taking survey a way to become rich working online?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:17 pm

    I don't know anyone who has become rich by doing surveys.  While it is absolutely possible to generate good income through online surveys, you will be far from making a good amount of money through surveys. You might be able to earn through surveys if you are based in high tier countries like the USRead more

    I don’t know anyone who has become rich by doing surveys.  While it is absolutely possible to generate good income through online surveys, you will be far from making a good amount of money through surveys. You might be able to earn through surveys if you are based in high tier countries like the US and Canada but if you are in low tier coun trie sin Asia and Africa, you might not even bel able to earn few bucks through surveys.

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  4. Asked: July 22, 2023In: Money & Business

    How to make $50 a day as a student?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:14 pm

    I think making $50 per day as a student is very ambitious. I do agree that it is possible to make $50 and even more per day as a student but it is not an easy task. If you have advanced level skills like web designing, app development you might be able to make $50 or more per day. You can also makeRead more

    I think making $50 per day as a student is very ambitious. I do agree that it is possible to make $50 and even more per day as a student but it is not an easy task. If you have advanced level skills like web designing, app development you might be able to make $50 or more per day. You can also make money as a content creator for youtube but it might take over a year to start making money from youtube. If you have managed to grow a huge following on social media, you will also be able to make good amount of money as an influencer.

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  5. Asked: July 29, 2023

    What are the 3 ways to make money online from home?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:11 pm

    You can make money online as a blogger. When you start blogging, you can not only run ads like Adsense ads and make money from engagements on your ads, or promote affiliate products and make money when someone buys your products, but also by selling your own products and services. However, bloggingRead more

    You can make money online as a blogger. When you start blogging, you can not only run ads like Adsense ads and make money from engagements on your ads, or promote affiliate products and make money when someone buys your products, but also by selling your own products and services. However, blogging is skill based work and you need advanced level skills to make money. As far as crypto is concerned, you will have to invest money to make money through crypto.

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  6. Asked: August 1, 2023In: Money & Business

    How get paid to promote products?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:03 pm

    There are two ways to make money by promoting products, one, you do influencer marketing on social media and charge commission for your promotional activities, two, you do affiliate marketing and make money when someone buys through affiliate links. In order to make money through influencer marketinRead more

    There are two ways to make money by promoting products, one, you do influencer marketing on social media and charge commission for your promotional activities, two, you do affiliate marketing and make money when someone buys through affiliate links. In order to make money through influencer marketing and affiliate marketing, you need a huge following on your social pages and websites. You can get influential marketing offers only when you have a huge following, and you can generate affiliate sales only when your traffic and followers buy the product

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  7. Asked: July 28, 2023In: Money & Business

    Is gambling a reliable way of generating income?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 1:00 pm

    Gambling is not a reliable way to generate income. In fact, gambling is not even a way to generate income. Unless you create your own casino (including online casino and offline casinos), it is not possible to make money from gambling. Sometimes you might get just lucky and you would be winning a coRead more

    Gambling is not a reliable way to generate income. In fact, gambling is not even a way to generate income. Unless you create your own casino (including online casino and offline casinos), it is not possible to make money from gambling. Sometimes you might get just lucky and you would be winning a considerable amount, however, it is not possible to be on the winning side always and ultimately you will lose money. In my entire life, I have not seen people whop have actually made money through gambling.

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  8. Asked: July 22, 2023In: Money & Business

    How to get out of debt when you are broke?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 12:56 pm

    You need money to pay off your debt. Being broke means you do not have money. Therefore, in theory it is not possible to get out from debt if you are broke. However, there are some strategies that you can implement to get out of debt. Sell your assets and clear your debt Work harder and start makingRead more

    You need money to pay off your debt. Being broke means you do not have money. Therefore, in theory it is not possible to get out from debt if you are broke. However, there are some strategies that you can implement to get out of debt.

    Sell your assets and clear your debt

    Work harder and start making a lot of money and paying off your debt

    Minimize your lifestyle to save money and pay off debt.

     

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

    How can I make $5 dollar daily online with minimum work

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 12:48 pm

    As far as my knowledge and experience go, you cannot make $5 daily on Sproutgigs, Microtasks, or Beermoneyforum. You might surely make some money on these sites every day but your earnings will always be around $1 or even less. However, there are many ways that will allow you to make $5 per day, somRead more

    As far as my knowledge and experience go, you cannot make $5 daily on Sproutgigs, Microtasks, or Beermoneyforum. You might surely make some money on these sites every day but your earnings will always be around $1 or even less. However, there are many ways that will allow you to make $5 per day, some of them are blogging, selling online, affiliate marketing, vlogging, etc. However, in order to make money through these methods, you need to be highly skilled and you will have to work for many months before you can start making money.

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

    If a stock in your portfolio goes up 20%, do you sell or hold?

    Mika
    Mika Expert Mind
    Added an answer on August 4, 2023 at 12:44 pm

    There are a lot of factors that determine whether I should be selling my stocks or continue to hold if the stock value goes down to 20 percent. First and foremost, I will see what kind of stocks they are and how the company is performing in the market. If the stocks are from reputed companies and ifRead more

    There are a lot of factors that determine whether I should be selling my stocks or continue to hold if the stock value goes down to 20 percent. First and foremost, I will see what kind of stocks they are and how the company is performing in the market. If the stocks are from reputed companies and if the company is dealing with a sustainable business model, I will definitely hold the stocks. In fact, you make money from the stock market only when you hold for longer periods. However, sometimes the stocks might be from shady companies and you should be selling them once you start making losses.

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