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Umumuslima

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Ask Umumuslima
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  1. Asked: September 22, 2023In: Money & Business

    Can We Invest in Crypto for Retirement?

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 24, 2023 at 1:45 pm

    Crypto currency is a digital currency that is now the call of the day. It is valuable and safer when it comes to worth. And better faster even in transaction however the act of investing in it for purpose of retirement is one that one has to examine and consider carefully due to the fact that cryptoRead more

    Crypto currency is a digital currency that is now the call of the day. It is valuable and safer when it comes to worth. And better faster even in transaction however the act of investing in it for purpose of retirement is one that one has to examine and consider carefully due to the fact that crypto value is not static but dynamic and it rises sometimes in favor of investor and sometimes fall which can results to terrible and unbearable loss hence it not really advisable for now . But one can still keep monitoringthe progress.

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

    How can I lower my monthly spending?

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 24, 2023 at 8:55 am

    The kind of expenses you have determine how much you spend ,that is what you want and need and purchasing them really have a huge effect on the amount of money spent either daily weekly or monthly. Hence their is a need to develop a conscious habit where you rather buy what you need than what you waRead more

    The kind of expenses you have determine how much you spend ,that is what you want and need and purchasing them really have a huge effect on the amount of money spent either daily weekly or monthly. Hence their is a need to develop a conscious habit where you rather buy what you need than what you want.
    What am implying is the fact that as human we tend to get attracted to lots of flashy and luxurious stuffs, even when those things are not contributing any factor into our daily lives .it would be better to just stop at appreciating but not always purchasing what you want,rather make more effort in restraining yourself on getting just what you need then your expenses can reduce .

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  3. Asked: September 19, 2023In: Money & Business

    How to avoid using your savings?

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 24, 2023 at 8:41 am

    The act savings is extremely delicate and it requires great restraint on the part of the one saving. The reason been that ,it is more common and mostly non avoidable to people who save to always feel like returning back to what has been saved in time of emergency expenses, be it for rent ,food sheltRead more

    The act savings is extremely delicate and it requires great restraint on the part of the one saving. The reason been that ,it is more common and mostly non avoidable to people who save to always feel like returning back to what has been saved in time of emergency expenses, be it for rent ,food shelter and the likes . So it normal for one to feel savings is life saving for unexpected expenses.
    However what savings means to me might be different from yours that is some people save money to always refer back to it in time of needs while others might save money just for a targeted vision or business they intend to establish . Therefore for one to be able to refrain from always taking from savings, one need to develop self restraint and purpose that is, always be firm and target a goal which will boost on the morale and be a safe guide against dipping recklessly into what has been saved.

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

    What are the risks in businesses?

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 23, 2023 at 9:50 pm

    For one to venture into business then it should be keep at the back of the mind that business is fifty fifty,it might profit and be lucrative or it can crash or go bankrupt.  Hence the establishment of business has various risk most especially if one lack the necessary experience, tactics and knowleRead more

    For one to venture into business then it should be keep at the back of the mind that business is fifty fifty,it might profit and be lucrative or it can crash or go bankrupt.  Hence the establishment of business has various risk most especially if one lack the necessary experience, tactics and knowledge. There are risk of going bankrupt that is loosing all the money one has used to start the business initially with no profit earn. Also the risk of loosing customers if the product selling in the is either bad or total unconsumed and such can even affect if one intend to start all over again. Also there is risk of becoming emotionally down if the business collapse and no help of restarting is forth coming.

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

    how did you handle customer complaint?

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 23, 2023 at 9:13 pm

    There is a saying that customers are always right. A saying that almost sooth the nerves of many people who are so furstrated by customers nagging and whinnies but at times there are moments when customers are wrong but still insist on been right.How to handle such situations most especially when cuRead more

    There is a saying that customers are always right. A saying that almost sooth the nerves of many people who are so furstrated by customers nagging and whinnies but at times there are moments when customers are wrong but still insist on been right.How to handle such situations most especially when customers complain is to give  a listening ear. What am implying is that no matter how you feel about what a customer is complaining about the best thing is to listen attentively and nodding sympathetically then to apologise and promise a better service next time.

    Therefore one should still take note of the complaint and adjust against next time and if there is no need for readjustment then re package is the best option.

     

     

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  6. Asked: July 20, 2023In: Money & Business

    Advice on how to get started in the cake business

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 23, 2023 at 8:12 pm

    Hmm such a nice question. However for one to venture into cake business there are possibilities to consider very well before one can be really ready for cake business then any attempt could be made on it . Hence cake business is a kind that is so colorful and require that one has all the necessary tRead more

    Hmm such a nice question. However for one to venture into cake business there are possibilities to consider very well before one can be really ready for cake business then any attempt could be made on it . Hence cake business is a kind that is so colorful and require that one has all the necessary tactics to establish it and of course to keep it lucrative. Therefore the most important thing that one need to acquire fully are the item used in making cake right from mixing baking and decorating.

    In the sense that cake is a kind of business that basically deals with recipes and measure and any mistake in measurements can total ruin a very good cake. Hence all necessary tools from cake fork, to baking pan to oven must be at ones disposal..then one can think of starting the business . Even if the recipe is attain in small quantities is still better the most important thing are the instructions needed.

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  7. Asked: September 22, 2023In: Money & Business

    How can a small business compete with larger competitors?

    Umumuslima
    Umumuslima Newcomer
    Added an answer on September 22, 2023 at 9:51 pm

    Wow nice question. Really a small scale business can actually successfully compete with the large scale if the the one who run the business has the necessary tactics in all ramifications. In the sense that if a small scale business possess all the needed trick that actually make product attractive tRead more

    Wow nice question. Really a small scale business can actually successfully compete with the large scale if the the one who run the business has the necessary tactics in all ramifications. In the sense that if a small scale business possess all the needed trick that actually make product attractive to both retailer and the consumer, ranging from goodmarketing tactics to advertisement and of course good customer service hence it can successfully compete and win. most especially if the so called large scale business is nonchallant and does not show any sign of possessing such attribute.

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