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Mika

Expert Mind
Ask Mika
635 Visits
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776 Questions
Home» Mika»Answers
  • About
  1. Asked: September 25, 2023In: Money & Business

    Can a drunkard manage money in a good manner ?

    Mika
    Mika Expert Mind
    Added an answer on April 24, 2024 at 1:39 am

    When someone is drunk, he cannot think clearly. That's because when someone is intoxicated, his bran does not work properly. When the bran is not working properly, how can someone think properly and decide on something as important as money. For money management you need sane mind, you need the abilRead more

    When someone is drunk, he cannot think clearly. That’s because when someone is intoxicated, his bran does not work properly. When the bran is not working properly, how can someone think properly and decide on something as important as money. For money management you need sane mind, you need the ability to think properly, you need decision making ability

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  2. Asked: September 7, 2023In: Crypto & Forex

    Why do investors love investing with solana

    Mika
    Mika Expert Mind
    Added an answer on April 24, 2024 at 1:37 am

    I have not invested in solana. When I found about Solana in 2021, it was already growing very big, so I did not buy Solana. Then in 2022 and 2023, solana fell to $12, I invested some money and sold solana when the price hit $24. I though I had made enough profits but sadly, Solana continued to growRead more

    I have not invested in solana. When I found about Solana in 2021, it was already growing very big, so I did not buy Solana. Then in 2022 and 2023, solana fell to $12, I invested some money and sold solana when the price hit $24. I though I had made enough profits but sadly, Solana continued to grow big. People love solana because it is secured, scalable, fast as well as cheaper transaction.

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

    How do You Save Money For a Down Payment?

    Mika
    Mika Expert Mind
    Added an answer on April 24, 2024 at 1:35 am

    Making a personal budget is the best way to save money for your purchases, including property. When ever you receive income, make sure to save some percentage of the in come under "property purchase saving." When your money becomes little bigger, keep it in high yield saving accounts. If you manageRead more

    Making a personal budget is the best way to save money for your purchases, including property. When ever you receive income, make sure to save some percentage of the in come under “property purchase saving.” When your money becomes little bigger, keep it in high yield saving accounts. If you manage to save for 5-10 years you will have enough money for down payment.

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  4. Asked: August 16, 2023In: Money & Business

    Online loan or offline loan, which is preferable

    Mika
    Mika Expert Mind
    Added an answer on April 24, 2024 at 1:28 am

    In my home country, there are no loan companies that offer online loans. There are some banks that allow customers to apply for loans through their mobile apps or online banking portals but the criteria is difficult to fulfil, for instance, they want to to have a salary account with the bank. IN casRead more

    In my home country, there are no loan companies that offer online loans. There are some banks that allow customers to apply for loans through their mobile apps or online banking portals but the criteria is difficult to fulfil, for instance, they want to to have a salary account with the bank. IN case the feature is available, getting online loan can be easier.

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

    how much capital did you use in starting your business?

    Mika
    Mika Expert Mind
    Added an answer on April 24, 2024 at 1:25 am

    I started my business with zero capital. This was possible because I started online business on ecommerce marketplace. If you want to start a business without any capital, using ecommerce marketplace is the best option. You can choose form various options such as Amazon, eBay, Facebook Marketplace,Read more

    I started my business with zero capital. This was possible because I started online business on ecommerce marketplace. If you want to start a business without any capital, using ecommerce marketplace is the best option. You can choose form various options such as Amazon, eBay, Facebook Marketplace, Instagram shop, etc. However, to generate sales you still need money as you need to do paid marketing.

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  6. Asked: September 13, 2023In: Crypto & Forex

    What can I do as a trader to earn money daily?

    Mika
    Mika Expert Mind
    Added an answer on April 24, 2024 at 1:23 am

    One of the best ways to make daily income as a trader by starting day trading. Day trading is a trading method where you open your trading in the morning and close trading in the afternoon and take way what ever you have made in the day. However, you might not be able to make profit with day tradingRead more

    One of the best ways to make daily income as a trader by starting day trading. Day trading is a trading method where you open your trading in the morning and close trading in the afternoon and take way what ever you have made in the day. However, you might not be able to make profit with day trading, especially when the market is going down. P2P trading can also make you daily income

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  7. Asked: September 26, 2023In: Money & Business

    Is saving a basic necessities of life and is important?

    Mika
    Mika Expert Mind
    Added an answer on April 23, 2024 at 5:17 am

    What is the purpose of life, to live comfortably, to contribute to the society, right? Do you think these things are doable if you do not have savings? Do you think you can invest and build wealth if you do not have savings, do you think you can go on a vacation if you do not have savings? As long aRead more

    What is the purpose of life, to live comfortably, to contribute to the society, right? Do you think these things are doable if you do not have savings? Do you think you can invest and build wealth if you do not have savings, do you think you can go on a vacation if you do not have savings? As long as you are generating income, saving becomes mandatory

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  8. Asked: September 21, 2023In: Money & Business

    What is the benefit of targeted savings?

    Mika
    Mika Expert Mind
    Added an answer on April 23, 2024 at 5:15 am

    When you have savings, you will have money during emergencies and retirement. When you save money, you can also buy properties and live in your own properties where you do not have to pay rent. When you have saving, you can also invest your money on various assets and build your net worth. When youRead more

    When you have savings, you will have money during emergencies and retirement. When you save money, you can also buy properties and live in your own properties where you do not have to pay rent. When you have saving, you can also invest your money on various assets and build your net worth. When you have savings, you can also enjoy your life by going on a vacation.

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  9. Asked: August 20, 2023In: Blogging, Websites & Online Skills

    What Are the Disadvantages of Running a Blog Alone?

    Mika
    Mika Expert Mind
    Added an answer on April 23, 2024 at 5:13 am

    How do you purpose to run a blog? BY setting a team of dozens of men? Blog is basically a sole ownership enterprise. IT is owned by a single person. However, this does not mean the owner should be doing all sorts of work, he can outsource works like writing, SEO and marketing if he does not have timRead more

    How do you purpose to run a blog? BY setting a team of dozens of men? Blog is basically a sole ownership enterprise. IT is owned by a single person. However, this does not mean the owner should be doing all sorts of work, he can outsource works like writing, SEO and marketing if he does not have time or doe snot have knowledge.Blogging does not require 8 hours of daiy work

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  10. Asked: September 23, 2023In: Money & Business

    Is it possible for individual to loan money from first bank PLC ?

    Mika
    Mika Expert Mind
    Added an answer on April 23, 2024 at 5:10 am

    I do not know about first bank PLC but based on my knowledge I can say banks are generally established for lending facilities. Banks make profits by lending money to individuals and businesses. However, banks also have a lot of clauses for lending money. The most important one is they ask for securiRead more

    I do not know about first bank PLC but based on my knowledge I can say banks are generally established for lending facilities. Banks make profits by lending money to individuals and businesses. However, banks also have a lot of clauses for lending money. The most important one is they ask for security so that their money is secured. Secondly, they also look for purpose of loan.

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