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spencer

Enlightened Mentor
Ask spencer
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902 Questions
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  • About
  1. Asked: September 6, 2023In: Insurance, Money & Business

    Insurance brokers – are they reliable?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 5:54 pm

    It's a two side of a coin just like the way it is everywhere, there are good insurance broker that offer you with excellent services when you request for them and also give you discount and all, with a considerable agency fees. The key is to make research on good brokers or you get a referral from yRead more

    It’s a two side of a coin just like the way it is everywhere, there are good insurance broker that offer you with excellent services when you request for them and also give you discount and all, with a considerable agency fees.

    The key is to make research on good brokers or you get a referral from your family and friends about the insurance they use.

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  2. Asked: June 28, 2024In: Money & Business

    What are the beginner friendly ways to make money online?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 5:49 pm

    PTP is one of the easiest way to make money online, it's only that the verification can be steep, you'll have to write threads and posts before you get verified, but after verification, you can be able to earn some money. There are a lot of PTP websites around, the more you work on the more money yoRead more

    PTP is one of the easiest way to make money online, it’s only that the verification can be steep, you’ll have to write threads and posts before you get verified, but after verification, you can be able to earn some money.

    There are a lot of PTP websites around, the more you work on the more money you can make, you can then use the money to do something productive with it.

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

    What Factors Can Influence Consumer Behavior?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 5:45 pm

    Income is by far the largest factor that may influence consumer behavior, even if a consumer wants to buy a certain product without an income that allows them to purchase it comfortably they won't be able to do it. And due to this it's important to only sell products that your customers will be ableRead more

    Income is by far the largest factor that may influence consumer behavior, even if a consumer wants to buy a certain product without an income that allows them to purchase it comfortably they won’t be able to do it.

    And due to this it’s important to only sell products that your customers will be able to buy and consume, else it’ll be hard to make any reasonable sales.

     

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  4. Asked: August 24, 2023In: Money & Business

    Loan choices and financial impacts?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 5:02 pm

    It's good to think though your loan choices before taking it out, without thinking through it and just jumping into taking out loans it will cause you a lot of pain down the road, because you'll accumulate debt and it will hold you back in reaching your financial goals. In today's world, finances arRead more

    It’s good to think though your loan choices before taking it out, without thinking through it and just jumping into taking out loans it will cause you a lot of pain down the road, because you’ll accumulate debt and it will hold you back in reaching your financial goals.

    In today’s world, finances are very important and every decisions should be thought through before you commit yourself and land yourself in a dungeon you can get out of, maintaining a good credit score is also very important.

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

    How do I start a blog or website and monetize it?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:59 pm

    It's pretty easy, the only thing you need is a domain and hosting of your blog, and then from their you can start learning about keyword research and then grow from there, you can get a free hosting for your blog too if you know your way around. The hardest thing is building a blog that works, ie thRead more

    It’s pretty easy, the only thing you need is a domain and hosting of your blog, and then from their you can start learning about keyword research and then grow from there, you can get a free hosting for your blog too if you know your way around.

    The hardest thing is building a blog that works, ie that brings in profit and traffic consistently that you can scale, now that’s where the hardwork is, you can’t skim through this, it’s hardwork.

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  6. Asked: August 25, 2023In: Money & Business

    Online tutoring or offline tutoring, which will you choose?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:55 pm

    I'd prefer online tutoring it's more scalable and I can do it from anywhere in the world, if I'm good at what I do I can get people from other counties that'll pay me top dollars for what I do, so it's actually the best option. But for offline tutoring is a different ball game, you'll be subjected tRead more

    I’d prefer online tutoring it’s more scalable and I can do it from anywhere in the world, if I’m good at what I do I can get people from other counties that’ll pay me top dollars for what I do, so it’s actually the best option.

    But for offline tutoring is a different ball game, you’ll be subjected to all sort of low level stuffs, your employer might even be abusing you with a low pay and there isn’t freedom at all involved in it.

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  7. Asked: September 12, 2023In: Money & Business

    How can you save money for you children's education?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:50 pm

    You can save for your kid's education the way you save for anything else, it's a gradual stuff, the process include opening a separate bank account for the purpose and then be throwing a percentage of your paycheck to it. Overtime you can invest it into an index fund or a fixed deposit to ensure theRead more

    You can save for your kid’s education the way you save for anything else, it’s a gradual stuff, the process include opening a separate bank account for the purpose and then be throwing a percentage of your paycheck to it.

    Overtime you can invest it into an index fund or a fixed deposit to ensure the cash you’re accumulating are growing and you can then use it to pay for your kids education.

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  8. Asked: August 24, 2023In: Money & Business

    How to invest in Exchange Traded Funds?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:45 pm

    To get started with etfs, it is advisable to use Robinhood, they're legit and have been existing for a very long time, you can invest in variety of asset, you can also copy other successful people's trade and it can help you make profits pretty quickly. You can also use invest.com it has a free acocRead more

    To get started with etfs, it is advisable to use Robinhood, they’re legit and have been existing for a very long time, you can invest in variety of asset, you can also copy other successful people’s trade and it can help you make profits pretty quickly.

    You can also use invest.com it has a free acocunt you can start with and learn how the platform works before you can subscribe to the paid version that you can trade on.

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  9. Asked: July 13, 2024In: Money & Business

    Have You read Positioning Book by AI Ries?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:40 pm

    Positioning is everything in business, you might be the best business but if you're advertising to the wrong audience you might not be able to make any money from it, there has to be a fit between what you sell and who you sell to. I think it's a good book and can help you understand how important lRead more

    Positioning is everything in business, you might be the best business but if you’re advertising to the wrong audience you might not be able to make any money from it, there has to be a fit between what you sell and who you sell to.

    I think it’s a good book and can help you understand how important location is in business and it can also offer you new alternative to make more profits in your business.

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

    As a investor, is it wise to invest with your life savings?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:35 pm

    Depending on your kind of investment, if it is putting your money into a fixed deposit then you're good to go, you can actually make a lot of money if the money locked are tangible for example, you can also invest in a life insurance too which is another type of insurance. But it's not advisable toRead more

    Depending on your kind of investment, if it is putting your money into a fixed deposit then you’re good to go, you can actually make a lot of money if the money locked are tangible for example, you can also invest in a life insurance too which is another type of insurance.

    But it’s not advisable to invest your life savings into risky investment like forex or buying and selling as they render your savings useless and make you stranded especially when you don’t have experience.

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