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Mike Smith

Knowledge Seeker
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231 Questions
Home» Mike Smith»Answers
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  1. Asked: September 16, 2023In: Money & Business

    How to keep our wealth safe from inflation?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 16, 2023 at 12:46 pm

    It is totally unpredictable when a particular economy might be facing inflation especially from the standpoint of the citizens of individuals residing in such economic. However, an individual is expected to plan beforehand in order to be financially free and remain financially afloat even during infRead more

    It is totally unpredictable when a particular economy might be facing inflation especially from the standpoint of the citizens of individuals residing in such economic. However, an individual is expected to plan beforehand in order to be financially free and remain financially afloat even during inflation times, one of the obvious ways of not being affected extravagantly by economic inflation is by starting now to invest and save money.

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  2. Asked: September 16, 2023In: Money & Business

    Can I start a soap production business without registering?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 16, 2023 at 12:42 pm

    This type of business is basically in the health sector and to be able to run a soap-making business successfully without any external intervention from policies enacted by the government then is better advisable for you to register your business. In Nigeria agencies like NAFDAC, are totally or regiRead more

    This type of business is basically in the health sector and to be able to run a soap-making business successfully without any external intervention from policies enacted by the government then is better advisable for you to register your business. In Nigeria agencies like NAFDAC, are totally or registered businesses that are in the health sector. In order to stay away from any form of intervention from individuals organisations like this, you better get your business registered.

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

    Should i invest my extra cash, or use it to pay off debts?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 4:06 am

    If an individual have extra cash left in his or her account or wherever he or she keeps it, and such individual have various debt uncleared, moreover it would be a bad idea and a bad decision for such individual to invest or even safe such amount of money, for an individual to have peace of mind andRead more

    If an individual have extra cash left in his or her account or wherever he or she keeps it, and such individual have various debt uncleared, moreover it would be a bad idea and a bad decision for such individual to invest or even safe such amount of money, for an individual to have peace of mind and to be more responsibility in the future, he or she must clear any form of debts he or she owes, before actually going ahead to invest or even save money. It is definitely of yours that before you are may have borrowed the money there was a deadline attached to the repayments date. Not repaying back money as agreed, might limit to your credit worthiness in the eyes of your lenders next time you are in need of money.

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  4. Asked: September 15, 2023In: Money & Business

    Why is money management important than getting money?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 4:02 am

    Money management is absolutely important because it helps an individual as well as business owners to be able to allocate the right amount of money to the right amount of activity that is used to expected interest and benefits. It is absolutely sad to see how much of the of people mismanage their weRead more

    Money management is absolutely important because it helps an individual as well as business owners to be able to allocate the right amount of money to the right amount of activity that is used to expected interest and benefits. It is absolutely sad to see how much of the of people mismanage their wealths, all because they want to have all the except in the whole world. There are so many incredible and important activity that we can achieve with our wealth, but in order to achieve this we must throw away any habit that makes us buy things on impulse. Efficient informed decision can be made through money management.

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

    Apart from affiliate marketing, which other skills is easy?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 3:59 am

    For a fact, the skill of affiliate marketing is absolutely not easy and forget how maturity of people usually saying that I feel that marketing is easy and requires an individual nothing even a dime. Well an individual can become an affiliate marketer on any affiliate networks or websites without haRead more

    For a fact, the skill of affiliate marketing is absolutely not easy and forget how maturity of people usually saying that I feel that marketing is easy and requires an individual nothing even a dime. Well an individual can become an affiliate marketer on any affiliate networks or websites without having to pay a dime. But he or she must be in one way or the other which is by giving his or her time creativity and skill set. Most importantly engaging in other online activities other than affiliate marketing can be good.

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  6. Asked: September 15, 2023In: Money & Business

    How do I know if my financial advisor is honest?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 3:57 am

    Majority of financial advisers online or offline are not honest but dishonest, as an individual who want to seek financial advice in order to better his or her financial responsibilities and life, he or she can obviously seek a financial advisor opinion on various financial advising activities. MoreRead more

    Majority of financial advisers online or offline are not honest but dishonest, as an individual who want to seek financial advice in order to better his or her financial responsibilities and life, he or she can obviously seek a financial advisor opinion on various financial advising activities. Moreover, it is absolutely necessary and important for such individual to make sure that the individual advising him or her financially is an honest individual. For that to be successfully done, researching about the website in which the financial advising activity is done can be a good idea. Most importantly you should be concerned about a reading reviews and comments others who possibly may have benefited or not benefited on the advice of this financial advisor.

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

    Can I make approximately $2 daily on affiliate marketing?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 3:54 am

    Being able to make money on affiliate marketing is possible, making $2 in affiliate marketing a day, is definitely and absolutely possible but for one individual to achieve this he or she must definitely have skills and creativity. For what I know, affiliate marketing has been one of the most engageRead more

    Being able to make money on affiliate marketing is possible, making $2 in affiliate marketing a day, is definitely and absolutely possible but for one individual to achieve this he or she must definitely have skills and creativity. For what I know, affiliate marketing has been one of the most engaged online activity nowadays, and has the capability and ability to make one a millionaire, moreover an individual must be ready to devote his or her time energy and skill set to achieve this.

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  8. Asked: September 15, 2023In: Money & Business

    What is a good way to come up with a personal finance plan?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 3:51 am

    Coming up with a good and acceptable personal finance plan has to do with actual planning itself. If an individual want to succeed in a particular financial goal which could be used to save enough or to invest enough, such individual must definitely and credibly carry out various planning activitiesRead more

    Coming up with a good and acceptable personal finance plan has to do with actual planning itself. If an individual want to succeed in a particular financial goal which could be used to save enough or to invest enough, such individual must definitely and credibly carry out various planning activities to actually succeed. Planning in this case involves carrying out various situations of what you would want your bank account to look like in the next 1 months or even a year, after planning you must also some credible ways in which you can use to achieve their goals as well as directions to follow which involves having more than one income streams and so on.

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

    Financial habits you need to manage your money?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 3:49 am

    I need a good one of most definitely do away with impulse buying if he or she want to save and invest money the best and acceptable way. The bad habit of impulse buying is basically a situation whereby an individual who does not necessarily need a particular asset or property but here it goes aheadRead more

    I need a good one of most definitely do away with impulse buying if he or she want to save and invest money the best and acceptable way. The bad habit of impulse buying is basically a situation whereby an individual who does not necessarily need a particular asset or property but here it goes ahead to purchase it, possibly because he or she is trying to prove a point or trying to have the same assets because somebody else has it. This habit is absolutely bad and when it comes to managing money, letting go of a bad habit like this would be good and better.

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

    Surviving Inflation: Increase Income Level or Reducing Expenses?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 15, 2023 at 3:47 am

    Inflation is basically a period we buy in the prices of goods and services increases due to rapid growth of various factors that erodes the value of money. During inflation the cost and standard of living will change. To be more clear and specific the cost of living will increase and the standard ofRead more

    Inflation is basically a period we buy in the prices of goods and services increases due to rapid growth of various factors that erodes the value of money. During inflation the cost and standard of living will change. To be more clear and specific the cost of living will increase and the standard of living of decrease. To survive inflation in an economy facing it, in other to survive, an individual must have multiple income streams so as not to be in any way affected, having multiple income streams can be made possible if such individual is into online money making which is known for being to versatile and numerous.

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