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spencer
spencerEnlightened Mentor
Asked: July 24, 2024In:

In the Investment world, it is often advised to lock in underutilized savings in a fixed deposit, how does that work?

In the Investment world, it is often advised to lock in underutilized savings in a fixed deposit, how does that work?

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fixed depositinvestmentsavings
  1. Light
    Light Trusted Adviser

    If you have some extra money to save, and you want to keep it safe and make it grow a bit. You will go to the bank and tell them  you want to put this money in a fixed deposit. The bank takes your money and keeps it for a set period, like 6 months or a year. While the money is with them, you shouldRead more

    If you have some extra money to save, and you want to keep it safe and make it grow a bit. You will go to the bank and tell them  you want to put this money in a fixed deposit. The bank takes your money and keeps it for a set period, like 6 months or a year. While the money is with them, you should know you can’t touch it. In return, the bank pays you some interest, which is like a thank-you for letting them use your money. Once the time is up, you get your money back plus the interest.

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Lemon
Lemon
Asked: August 5, 2023In:

I would like to know if we can expect to make big money online without any investment as I don’t like to pay money to upgrade my membership on any online earning website and I feel it’s risky to do ...Read more

I would like to know if we can expect to make big money online without any investment as I don’t like to pay money to upgrade my membership on any online earning website and I feel it’s risky to do that as you never know when a website can stop paying and this way our initial investment will get wasted too and the end result will be a loss.

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investmentmoney
  1. Inem
    Inem Knowledge Seeker

    I don't know what you would define as big money but I have made a considerable amount of money online without having to make like a monetary investment. You can make money with your efforts and skills online. I have been a freelance online writer for years now and I have made some big money online.Read more

    I don’t know what you would define as big money but I have made a considerable amount of money online without having to make like a monetary investment. You can make money with your efforts and skills online. I have been a freelance online writer for years now and I have made some big money online. It might only take you time and efforts to make good money online without investment but it is clearly possible.

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Light
LightTrusted Adviser
Asked: July 25, 2024In:

I know story telling is part of marketing strategies but what are the main reasons story telling is a must for a marketer?

I know story telling is part of marketing strategies but what are the main reasons story telling is a must for a marketer?

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businessinvestmentmoney
  1. Light
    Light Trusted Adviser

    It's more of psychology. That is why you get attached to people who do things more like you. You say we are perfect match, we understand each other. We want to associate with things that resonate with us. When someone tells you his story and it ends up being your story. This story is your life's proRead more

    It’s more of psychology. That is why you get attached to people who do things more like you. You say we are perfect match, we understand each other. We want to associate with things that resonate with us. When someone tells you his story and it ends up being your story. This story is your life’s problem or encounter and the story teller quickly presents an easy solution. Psychologically, you will give in. Acceptance without further doubt, the story telling cleared the doubt, that’s what it does. It removes all the veil and stumbling blocks, creates a vivid and close connection between the buyer and the seller.

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Light
LightTrusted Adviser
Asked: July 25, 2024In:

There are tools business owners and marketers use to help social media posts gain audience and have more engagement. Can you list any?

There are tools business owners and marketers use to help social media posts gain audience and have more engagement. Can you list any?

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advertisingbusinessinvestment
  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.

    Visual marketing tools such as Piktochart, Adobe Spark, and Canva are essential for creating captivating social media posts. These tools provide graphics, templates, and editing features that boosts visual content. Use these tools. It helps you in engaging your audience, conveys the messages effectiRead more

    Visual marketing tools such as Piktochart, Adobe Spark, and Canva are essential for creating captivating social media posts. These tools provide graphics, templates, and editing features that boosts visual content. Use these tools. It helps you in engaging your audience, conveys the messages effectively, and increasing brand visibility on social media platforms.

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Lens
LensKnowledge Seeker
Asked: September 8, 2023In:

Teaching our children financial literacy is important so that we can ensure that they can make informed financial decision in the future.

Teaching our children financial literacy is important so that we can ensure that they can make informed financial decision in the future.

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businessfinancesinvestment
  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.

    Teach children financial literacy through hands-on experiences like opening a savings account, making a budget, and discussing the value of money. Encourage discussion about money and provide chances for earning money, and model responsible financial behaviors. Include activities to make learning fuRead more

    Teach children financial literacy through hands-on experiences like opening a savings account, making a budget, and discussing the value of money. Encourage discussion about money and provide chances for earning money, and model responsible financial behaviors. Include activities to make learning fun, raising a lifelong base for financial success.

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Light
LightTrusted Adviser
Asked: July 22, 2024In:

As a CEO of a company what are the common problems that one might experience and how do you solve them?

As a CEO of a company what are the common problems that one might experience and how do you solve them?

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businessinvestmentmoney
  1. Inem
    Inem Knowledge Seeker

    As the CEO of a company, some problems that one is likely to face is man management issues. It is very difficult to manage a team that compromises of people with different backgrounds. They might even frustrate the living daylight and make your plans futile. Being able to harness human resources isRead more

    As the CEO of a company, some problems that one is likely to face is man management issues. It is very difficult to manage a team that compromises of people with different backgrounds. They might even frustrate the living daylight and make your plans futile. Being able to harness human resources is a big challenge that CEOs of companies face. Also, they need to make decisions that would help to achieve efficiency.

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Light
LightTrusted Adviser
Asked: July 24, 2024In:

As a business it is very important to consider customers interest at least meet them at the middle. Don’t ignore them less your products get ignored.

As a business it is very important to consider customers interest at least meet them at the middle. Don’t ignore them less your products get ignored.

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businessinvestmentmarketing
  1. Inem
    Inem Knowledge Seeker

    Every business exists to satisfy it's customers and that is why the interest of the customer should be placed paramount above any other thing in the running of a business. A business that downplays the interests of its customers is one business that can never stand the test of time. You have to takeRead more

    Every business exists to satisfy it’s customers and that is why the interest of the customer should be placed paramount above any other thing in the running of a business. A business that downplays the interests of its customers is one business that can never stand the test of time. You have to take the complaints of customers very seriously as a business and always ensure to pay attention to their particular needs.

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Light
LightTrusted Adviser
Asked: July 22, 2024In:

Business owners take risk while managing their day to day activities in the event where losses are made, how do you cover for the losses?

Business owners take risk while managing their day to day activities in the event where losses are made, how do you cover for the losses?

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businessinvestmentmoney
  1. Abigael
    Abigael Trusted Adviser Abigael

    Losses are so common in business for sure. There are some ways to cover for them. One of them is to cut your expenses. Since you want to recover from the losses you made, you will need to cut back on so many expenses that are not so important. Another way is by looking for ways to increase profits tRead more

    Losses are so common in business for sure. There are some ways to cover for them. One of them is to cut your expenses. Since you want to recover from the losses you made, you will need to cut back on so many expenses that are not so important. Another way is by looking for ways to increase profits through selling more through advertisement or introducing new products. In the process, you will need to identify the causes of that loss so that you can prevent the issues from repeating themselves.

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Light
LightTrusted Adviser
Asked: July 22, 2024In:

Imagine you getting multiple foreign job and being payed in dollars that will be a good sidehustle. How do I get foreign online jobs?

Imagine you getting multiple foreign job and being payed in dollars that will be a good sidehustle. How do I get foreign online jobs?

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businessinvestmentmoney
  1. Abigael
    Abigael Trusted Adviser Abigael

    Getting remote jobs from foreign countries that pay in dollars could be a really awesome side hustle for sure. You will be able to earn a good amount of money and the good thing with remote jobs is that they are flexible hence you can manage your time well. These jobs cab be found from applying in sRead more

    Getting remote jobs from foreign countries that pay in dollars could be a really awesome side hustle for sure. You will be able to earn a good amount of money and the good thing with remote jobs is that they are flexible hence you can manage your time well. These jobs cab be found from applying in social media platforms like LinkedIn that supports people looking for remote jobs. You could also apply for long term freelancing jobs in sites like Upwork and freelancer that gives people that chance. Just make sure that you have really good skills to sell yourself online.

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Light
LightTrusted Adviser
Asked: July 22, 2024In:

Aside from affiliate marketing, forex and content creation, how else can I make money online without much stress?

Aside from affiliate marketing, forex and content creation, how else can I make money online without much stress?

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advertisinginvestmentmoney
  1. Abigael
    Abigael Trusted Adviser Abigael

    There are so many ways to make money online. You can choose to invest money into cryptocurrency trading. It is a highly risky investment method but if you take time to learn the skill, you will succeed in the business. Just make sure that you actually learn the skill and learn how to manage risks inRead more

    There are so many ways to make money online. You can choose to invest money into cryptocurrency trading. It is a highly risky investment method but if you take time to learn the skill, you will succeed in the business. Just make sure that you actually learn the skill and learn how to manage risks in order to avoid too much loss. Another important thing with cryptocurrency trading is choosing the right method of trading that is less stressful and easier for you to understand.

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