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Is it reasonable to invest in cryptocurrencies?
Yes, it's totally reasonable if you can afford to invest in it, there are different ways you can invest in crypto, you can invest in a fixed deposit on Binance where you get to earn money passively, returns can as high as 10% yearly. Or you go out on your own, make your own research and find out theRead more
Yes, it’s totally reasonable if you can afford to invest in it, there are different ways you can invest in crypto, you can invest in a fixed deposit on Binance where you get to earn money passively, returns can as high as 10% yearly.
Or you go out on your own, make your own research and find out the coins worth investing in and then put in your money, depends on your risk apetite.
See lessWhat controls or who controls cryptocurrencies?
Crypto is controlled by basic economic laws which are supply and demand, there are a lot of people holding crypto because they think the value will go up and they'll make money, that's how most people think about it, so there'll always be a demand for it. If everyone decide to abandon crypto it'll bRead more
Crypto is controlled by basic economic laws which are supply and demand, there are a lot of people holding crypto because they think the value will go up and they’ll make money, that’s how most people think about it, so there’ll always be a demand for it.
If everyone decide to abandon crypto it’ll be valueless, so it’s of no use, to understand this further just look at the cryptos that are dumped, they’re valueless and because there isn’t a demand for them.
See lessHow can I manage money to start up a standard business?
To save money for a startup, you'll have to pay attention to how you spend money, and you'll also have to forgo some luxuries for the main time in order to save money for your business, it's incredibly hard and you have to make sure you're starting small, so you start faster. Find a need you can fulRead more
To save money for a startup, you’ll have to pay attention to how you spend money, and you’ll also have to forgo some luxuries for the main time in order to save money for your business, it’s incredibly hard and you have to make sure you’re starting small, so you start faster.
Find a need you can fulfill and get started, set a budget and save for the business, exercise discipline and you’ll achieve your goals.
See lessSelf employment or paid employment which one is better?
Self employment is way better than paid employment, it is important to optimize your life in a way that you prefer freedom with little money, than more money with little freedom, time is the only resource that you can't get back, life will be just a couple of decades for most of us. It's important tRead more
Self employment is way better than paid employment, it is important to optimize your life in a way that you prefer freedom with little money, than more money with little freedom, time is the only resource that you can’t get back, life will be just a couple of decades for most of us.
It’s important to understand how important self employment is, you’ll never prefer a paid employment being told what to do, other than autonomy.
See lessHow to Grow Your Wealth Mindfully
Growing your business mindfully also means slowing down and figuring what actually moves a business and prioritizing whatever it is, taking your business to the next level, if there's anything I learnt from wealthy folks is that hardwork doesn't build a business. Its your ability to pay attention toRead more
Growing your business mindfully also means slowing down and figuring what actually moves a business and prioritizing whatever it is, taking your business to the next level, if there’s anything I learnt from wealthy folks is that hardwork doesn’t build a business.
Its your ability to pay attention to your business, understand it deeply and do more of things that work and delegate the autonomous tasks.
See lessHow do you deal with annoying customers?
You deal with annoying customers by showing them unwavering emphaty, they might be going through a different experience and they're basically taking it out on you, if you can show you care for them in that situation, they'll become your loyal customers. And also there are customers that are just strRead more
You deal with annoying customers by showing them unwavering emphaty, they might be going through a different experience and they’re basically taking it out on you, if you can show you care for them in that situation, they’ll become your loyal customers.
And also there are customers that are just straight up hard to handle and you should do well in avoiding such.
See lessWhy should I earn money in foreign currencies as a Nigerian?
To earn money in foreign currency is the best way to go about making money if you live in a developing country, because most developing country currencies are pegged to the US Dollar, and with the exchange rate, you'll be able to make some good money when you convert it. There are high income skillsRead more
To earn money in foreign currency is the best way to go about making money if you live in a developing country, because most developing country currencies are pegged to the US Dollar, and with the exchange rate, you’ll be able to make some good money when you convert it.
There are high income skills that you can learn that will make it easy for you to make income in foreign currency like Forex Trading, Writing, Software Development.
See lessWhat if your expenses consume all your salary ?
If your income is not enough for you by the end of the month, I understand it is a difficult position to be in, even if you are alone, because without money you won't be able to even feed, talkless of one with with family, also there isn't a way to save money to start a business because your pay isnRead more
If your income is not enough for you by the end of the month, I understand it is a difficult position to be in, even if you are alone, because without money you won’t be able to even feed, talkless of one with with family, also there isn’t a way to save money to start a business because your pay isn’t even enough for the month.
I’ll advise to hold on to the job until something comes up, maybe a better job or raise in salary.
See lessPotential benefits of monetizing your blog
The biggest benefit of monetizing your blog is that you get to make money, since that's the reason must people open blog, it is happy to know you have hit a milestone in your blogging journey and you get to make money from it. The next thing is to actually learn how to double your income and make moRead more
The biggest benefit of monetizing your blog is that you get to make money, since that’s the reason must people open blog, it is happy to know you have hit a milestone in your blogging journey and you get to make money from it.
The next thing is to actually learn how to double your income and make more money, maybe create a course teaching people how to do the same.
See lesswhat are the disadvantage of having a transportation business?
The disadvantage of transport business is that it is passive, you have to be around to be able to make money with it, it is attached to your time but I think with time it can be outsourced and you can get other vehicle. But in of itself it is active and you have to be healthy, but with time it can bRead more
The disadvantage of transport business is that it is passive, you have to be around to be able to make money with it, it is attached to your time but I think with time it can be outsourced and you can get other vehicle.
But in of itself it is active and you have to be healthy, but with time it can be turned to a passive income by owning other vehicles.
See less