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tray599

Knowledge Seekerblogger, content writer
Ask tray599
53 Visits
2 Followers
143 Questions
Home» tray599»Answers
  • About
  1. Asked: August 7, 2025In: Money & Business

    What's no spend day challenge? how can it help with money saving

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 6:02 pm

    No spend day is a process by which you don't spend money at all, it's help you to have stable financial freedom and help you keep your savings, so I believe that this help many people who can not save to start saving and have better outcome. This so call no spend day challenge is characterise by decRead more

    No spend day is a process by which you don’t spend money at all, it’s help you to have stable financial freedom and help you keep your savings, so I believe that this help many people who can not save to start saving and have better outcome.
    This so call no spend day challenge is characterise by decipline and dedication, if you don’t decipline yourself very well you will be tempt to spend your money on no spend day so it’s all about decipline.

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  2. Asked: July 16, 2024In: Money & Business

    What Are The Factors That Influence Savings

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 5:57 pm

    There are so many factors that influence saving, Once you save money I believe that you don't have to touch the money and use it with the hope of replacing it back no that won't work , it's affect people saving because sometimes where you was expecting to get money to replace it back there can be aRead more

    There are so many factors that influence saving,
    Once you save money I believe that you don’t have to touch the money and use it with the hope of replacing it back no that won’t work , it’s affect people saving because sometimes where you was expecting to get money to replace it back there can be a disappoinment, so don’t always touch your savings money with the hope of replacing it back.

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  3. Asked: May 14, 2024In: Money & Business

    What are some methods of reinvesting savings?

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 5:52 pm

    It is very good and better if you put your savings into something, so you must think of the investment opportunity that you see which can work well for you so I think that there are various businesse which is in my mind right now, so if I can lay my hands on any money actually I will put it right awRead more

    It is very good and better if you put your savings into something, so you must think of the investment opportunity that you see which can work well for you so I think that there are various businesse which is in my mind right now, so if I can lay my hands on any money actually I will put it right away on my business.

    Reinvesting your money in real estate on crypto currency trading can help increase the money so you need to think of the business that fit you.

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  4. Asked: August 4, 2025In: Jobs, Career & Freelancing

    How much is too much to save monthly on ₦100k salary?

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 5:42 pm
    This answer was edited.

    I believe that if you are earning around N100,000 every month, and you are living alone it's far better you save 50% from your monthly salary it's very good to decipline yourself on this, but if you are living with your spouse it's going to be very hard to do this . For now that is what I earn in aRead more

    I believe that if you are earning around N100,000 every month, and you are living alone it’s far better you save 50% from your monthly salary it’s very good to decipline yourself on this, but if you are living with your spouse it’s going to be very hard to do this .
    For now that is what I earn in a month so since am single I can save 60% every month, it’s all about decipline

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  5. Asked: August 5, 2023In: Money & Business

    How to Save Money From Low Income?

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 5:34 pm

    Once you have money it's always going to be hard for you to be saving, so I believe that saving come after you take care of your personal needs and other things, so if you have low income tell me how are you going to save money when the money is not even enough for you to careted for your needs. WelRead more

    Once you have money it’s always going to be hard for you to be saving, so I believe that saving come after you take care of your personal needs and other things, so if you have low income tell me how are you going to save money when the money is not even enough for you to careted for your needs.

    Well if I may say it can work but you will need to try and save very small amount of money from your earn.

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  6. Asked: August 7, 2025In: Crypto & Forex

    Between crypto currency trading and forex which one is the best?

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Replied to answer on August 20, 2025 at 5:26 pm

    It's true both have the same advantage and disadvantage but I think forex trading is more flexible but crypto currency trading seems to be the best because I have tried crypto currency trading and it's far easy to understand compare to forex trading. I still believe that forex trading is good but thRead more

    It’s true both have the same advantage and disadvantage but I think forex trading is more flexible but crypto currency trading seems to be the best because I have tried crypto currency trading and it’s far easy to understand compare to forex trading.
    I still believe that forex trading is good but the level of risk in forex trading is higher than that in crypto currency trading, that is why I always love and chose crypto trading.

    For instance with crypto trading you can learn and understand it within two weeks but it’s going to take you close to a year before you can master forex.

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  7. Asked: August 20, 2023In: Money & Business

    What should i do with 5 million naira?

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 5:17 pm

    If you don't have what you are doing then you can sell the land and start a cement business, but if you are currently working I will suggest that you don't sell the land , because that land in the nearest future it can cost more than 5million naira or you can use it to build your personal house, soRead more

    If you don’t have what you are doing then you can sell the land and start a cement business, but if you are currently working I will suggest that you don’t sell the land , because that land in the nearest future it can cost more than 5million naira or you can use it to build your personal house, so be very careful with any action you want to take with that land and if you sell it to start the business I advise handle the business yourself.

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  8. Asked: August 20, 2025

    Should I buy a car or build a house first

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 5:05 pm

    Generally I think if you build a house this can be better option, but I always advise people that there is nothing wrong owing a car even when you don't have a house, for instance now your parents have a house and you live in your parents house and operate a business , seriously if your business neeRead more

    Generally I think if you build a house this can be better option, but I always advise people that there is nothing wrong owing a car even when you don’t have a house, for instance now your parents have a house and you live in your parents house and operate a business , seriously if your business need vehicle there is nothing wrong buying a car first to run your business successfuly before you think of building a house.
    but if your parents dosnt have a house and you live in someone house once you have money the best thing is for you to build a house because sometimes you may not lay your hand on such amount of money again soon.

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  9. Asked: August 20, 2025

    How can I become rich?

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 4:58 pm

    To become rich is not an easy task you must work hard for it and plan your way invest the little money that come your ways into various forms of business you can't just become rich when you do not have steady source of finance, You must make sure that you actually plan well with the little money thaRead more

    To become rich is not an easy task you must work hard for it and plan your way invest the little money that come your ways into various forms of business you can’t just become rich when you do not have steady source of finance,
    You must make sure that you actually plan well with the little money that you have.
    However planning and decipline have a role to play you must plan and decipline yourself very well on some things that can make you spend excessively

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  10. Asked: August 20, 2025

    Lifestyle habits that are detrimental to our mental health

    tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on August 20, 2025 at 4:40 pm
    This answer was edited.

    There are so many lifestyles which we live that really affect our health, some of those habit are smoking or excess smoking, drinking too much of alcohol and over thinking this are some of those quality and action that normally affect our health nagetively. Come to think of it do you remember the laRead more

    There are so many lifestyles which we live that really affect our health, some of those habit are smoking or excess smoking, drinking too much of alcohol and over thinking this are some of those quality and action that normally affect our health nagetively.
    Come to think of it do you remember the last time you go for a medical checkup , it’s part of the process to keep you in good health including your mental health

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