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spencer

Enlightened Mentor
Ask spencer
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902 Questions
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  1. Asked: August 29, 2023In: Money & Business

    How to Make money on Kick website?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 5, 2024 at 10:25 am

    The Kick platform is a platform just like the Google's YouTube, you have to publish videos consistently over a long period of time and then amass a number of subscribers and watch hours and then monetize. You can make money through different means like fan donation and then your ad revenue from videRead more

    The Kick platform is a platform just like the Google’s YouTube, you have to publish videos consistently over a long period of time and then amass a number of subscribers and watch hours and then monetize.

    You can make money through different means like fan donation and then your ad revenue from videos displayed on your channel, I think it’s ideal to jump on it now that it’s new to be able to learn how it works before it gets saturated.

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

    Why do you need emergency fund?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 5, 2024 at 10:14 am

    You need emergency funds as the name implies, to keep you safe during any sort of casualty that may arise due to the randomness of life, it's advisable to build your emergency fund with your salary by saving 10-15% monthly and find ways to reinvest it so that it becomes a bigger amount. The first stRead more

    You need emergency funds as the name implies, to keep you safe during any sort of casualty that may arise due to the randomness of life, it’s advisable to build your emergency fund with your salary by saving 10-15% monthly and find ways to reinvest it so that it becomes a bigger amount.

    The first step of building an emergency fund is to get a source of income where money will be coming in for you.

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

    Why do you need emergency fund?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 5, 2024 at 10:01 am

    You need emergency funds as the name implies, to keep you safe during any sort of casualty that may arise due to the randomness of life, it's advisable to build your emergency fund with your salary by saving 10-15% monthly and find ways to reinvest it so that it becomes a bigger amount. The first stRead more

    You need emergency funds as the name implies, to keep you safe during any sort of casualty that may arise due to the randomness of life, it’s advisable to build your emergency fund with your salary by saving 10-15% monthly and find ways to reinvest it so that it becomes a bigger amount.

    The first step of building an emergency fund is to get a source of income where money will be coming in for you.

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  4. Asked: August 19, 2023In: Money & Business

    Is the word respect very important in business

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 3:53 pm

    As a business owner people should be able to respect what you say and you should keep your word to the utmost of your ability and capacity, business is all about trust, if you're not trustworthy no one would want to business with you. Trust comes from respect, so to increase your respect, show peoplRead more

    As a business owner people should be able to respect what you say and you should keep your word to the utmost of your ability and capacity, business is all about trust, if you’re not trustworthy no one would want to business with you.

    Trust comes from respect, so to increase your respect, show people they can trust you and they can count on your words, and never compromise on that.

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  5. Asked: June 29, 2024In: Money & Business

    How do You Generate YouTube Content Ideas?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 3:49 pm

    That's why it is advisable to actually work on niches you know much about, you will not run out of ideas and always eager to create, a tactic that might work might be checking other creators and see what they're doing, then try to copy that and see if it'll work. Another option is to research what pRead more

    That’s why it is advisable to actually work on niches you know much about, you will not run out of ideas and always eager to create, a tactic that might work might be checking other creators and see what they’re doing, then try to copy that and see if it’ll work.

    Another option is to research what people are having difficulty with and then make contents to solve such problems, or just give yourself time to be creative with ideas.

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  6. Asked: July 1, 2024In: Money & Business

    Why do Social Platforms Accept Scam Ad?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 3:43 pm

    No platform accepts a scam ad, it's just that people running this kind of ad kind of mask it like it's real and end up the platform and the users ultimately, but most platforms nowadays have ways to fish them out and punish them by blocking them. Whenever you see such ads find a way to report it orRead more

    No platform accepts a scam ad, it’s just that people running this kind of ad kind of mask it like it’s real and end up the platform and the users ultimately, but most platforms nowadays have ways to fish them out and punish them by blocking them.

    Whenever you see such ads find a way to report it or block them from your end, its sad their isn’t any way to curb this act, we can only reduce it to the barest minimum.

     

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

    Selling electronic materials, is it really profitable ?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 3:38 pm

    When you understand the law of supply and demand it'll be easy for you to sell basically anything, if there's demand for what you want to sell then it'll be easier, so your work now is to test demands, find ways you can test suffs before you start selling them. If you confirm the demand is legit andRead more

    When you understand the law of supply and demand it’ll be easy for you to sell basically anything, if there’s demand for what you want to sell then it’ll be easier, so your work now is to test demands, find ways you can test suffs before you start selling them.

    If you confirm the demand is legit and you can find a way to make money from it then go ahead and start selling else find other ways to make your money.

     

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  8. Asked: April 16, 2024In: Money & Business

    What percentage of my income should go for rent?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 2:26 pm

    This totally depends on where you live and your income, if you live in the suburbs where it cost a lot to rent, you'll have no option but to actually save as much from your rent to pay for an apartment, this will leave you with little to no savings. But if you live in a small city where you can getRead more

    This totally depends on where you live and your income, if you live in the suburbs where it cost a lot to rent, you’ll have no option but to actually save as much from your rent to pay for an apartment, this will leave you with little to no savings.

    But if you live in a small city where you can get rent for a cheaper price you can allocate just 10% of your income for your yearly rent payment.

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  9. Asked: July 1, 2024In: Money & Business

    How would you turn $600 to Liveable income?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 2:21 pm

    I'm a forex trader, I'll just put it back into trading and keep multiplying it, or start a food business on the roadside if you live in my country, every other thing in my opinion will not work out for me. These are the two things that I know like the back of my hand and I'm much sure can generate rRead more

    I’m a forex trader, I’ll just put it back into trading and keep multiplying it, or start a food business on the roadside if you live in my country, every other thing in my opinion will not work out for me.

    These are the two things that I know like the back of my hand and I’m much sure can generate returns for me when I invest the money, you can also use it to gain education for a high income skill.

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  10. Asked: September 18, 2023In: Money & Business

    What are they long term effects of not investing?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 2:16 pm

    The biggest long term effect is actually opportunity cost, due to not participating all of the money or profits rather that you're supposed to make, you wouldn't because you didn't invest. When making any sort of decision, opportunity cost is something people don't count on and it's real, can be reaRead more

    The biggest long term effect is actually opportunity cost, due to not participating all of the money or profits rather that you’re supposed to make, you wouldn’t because you didn’t invest.

    When making any sort of decision, opportunity cost is something people don’t count on and it’s real, can be really detrimental to you and your income potential.

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