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Is there any platform where I can earn $1000 on monthly basis?
Earning $1000 is possible through different ways, you can learn a skill and offer it to people on freelance platforms, there are people that have earned over $100k on these platforms, other ways include offering a product or a service to people online. Think about SAAS for example, it's a way of earRead more
Earning $1000 is possible through different ways, you can learn a skill and offer it to people on freelance platforms, there are people that have earned over $100k on these platforms, other ways include offering a product or a service to people online.
Think about SAAS for example, it’s a way of earning money too, which I think it’s better because you’re divorcing your time from the money in such case.
See lessWhat is budgeting and why is it important?
Budgeting is about analyzing how you spend money and also how you ration it based on your wants and needs, it is important because it helps you understand the inflow and outflow of money from your account. It's like auditing, also gives you a hindsight on what you need to improve on or what you needRead more
Budgeting is about analyzing how you spend money and also how you ration it based on your wants and needs, it is important because it helps you understand the inflow and outflow of money from your account.
It’s like auditing, also gives you a hindsight on what you need to improve on or what you need to cut down on, without budgeting, you might get impulsive and spend sporadically.
See lessWhy can’t people live off their social security at retirement?
This basically depends on the country you live in, If you live in a country that takes social security serious, you can get your retirement benefits as at when due and you don't even need a pension to live. In western Europe for example they have a lot of social services like unemployment benefits wRead more
This basically depends on the country you live in, If you live in a country that takes social security serious, you can get your retirement benefits as at when due and you don’t even need a pension to live.
In western Europe for example they have a lot of social services like unemployment benefits when you’re out of jobs, maternity leave etc, government pays you a minimum wage for basically doing nothing.
See lessWhat is the benefit of have phone as an investor?
I don't actually understand the question, you don't have to be an investor to have or own a phone, if you are a adult then having a phone is important, you're definitely going to be receiving calls and replying to messages. An investor's work is to invest in business that are going to bring in greatRead more
I don’t actually understand the question, you don’t have to be an investor to have or own a phone, if you are a adult then having a phone is important, you’re definitely going to be receiving calls and replying to messages.
An investor’s work is to invest in business that are going to bring in great returns to his portfolio, having a phone or not has little or nothing to do with it.
See lessHow can I develop a static saving habit?
No one builds a static saving habit on the go, it takes a lot of time and effort to make it happen, you will likely fail in your early trials and you'll have to change your savings plan to find out what suits you and your income bracket. You can try automatic savings, savings with friends, cooperatiRead more
No one builds a static saving habit on the go, it takes a lot of time and effort to make it happen, you will likely fail in your early trials and you’ll have to change your savings plan to find out what suits you and your income bracket.
You can try automatic savings, savings with friends, cooperative Savings and other types of savings for some time, I find automatic savings to work for me because it removes impulsivity in my budget.
See lessWhy is the Business Plan very crucial for business people?
Business plan is crucial because it gives you a direction on where to take your business, it's like your map to success, it contains the pros and cons, the metrics and all of the important details you need to make your business succeed. That's why investors ask for it before they fund your business,Read more
Business plan is crucial because it gives you a direction on where to take your business, it’s like your map to success, it contains the pros and cons, the metrics and all of the important details you need to make your business succeed.
That’s why investors ask for it before they fund your business, they want to know your plans and how you plan on growing your business.
See lessCan seeking for financial advisor helps manage your finances?
Yes, seeking for a financial advisor will help you tremendously in managing your finances, even though most financial advisors won't work with you till you pay for their service at all. Nut off you have explored all options to make fix up your finances and it didn't work then hiring a advisor can beRead more
Yes, seeking for a financial advisor will help you tremendously in managing your finances, even though most financial advisors won’t work with you till you pay for their service at all.
Nut off you have explored all options to make fix up your finances and it didn’t work then hiring a advisor can be a good idea, you should also be ready to follow their suggestions.
See lessHow to deal with poor money management
When you're dealing with poor money management it's either you're not bringing enough money at the end of the month or you've got poor spending habit, each of this problems have different solutions, for the former, try to get another job or start freelancing. For the latter, learn how to create a buRead more
When you’re dealing with poor money management it’s either you’re not bringing enough money at the end of the month or you’ve got poor spending habit, each of this problems have different solutions, for the former, try to get another job or start freelancing.
For the latter, learn how to create a budget and stick to it, this will help you in managing your finances effectively and give you control on how your money is spent.
See lessHow do you know when to move on from a business?
When a business fails to generate profit or any substantial growth after a long period of time, then the most sensible thing to do is to actually abandon the business, normally you should try to diagnose the problem and find the silver lining. If your efforts didn't yield any results then the best tRead more
When a business fails to generate profit or any substantial growth after a long period of time, then the most sensible thing to do is to actually abandon the business, normally you should try to diagnose the problem and find the silver lining.
If your efforts didn’t yield any results then the best thing to do is to drop the business and find something else to do, there are a lot of business to get started.
See lessHow would you advise an individual aspiring to own business?
My number one advise is to just go get started, there a lot of things I could say but none of them equate to having skin in the game and getting out there to test your own abilities, find something doesn't matter how little it is and get started. Do not expect to grow from day one, there are a lot oRead more
My number one advise is to just go get started, there a lot of things I could say but none of them equate to having skin in the game and getting out there to test your own abilities, find something doesn’t matter how little it is and get started.
Do not expect to grow from day one, there are a lot of working pieces in business, you’ll have to learn how to bring people together, formulate a strategy, make a ton of mistakes before you can get it right.
See less