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  1. Asked: August 14, 2023In: Money & Business

    How to live a loan free life as a student

    Avarose
    Avarose Enlightened Mentor
    Added an answer on December 22, 2025 at 3:03 am

    Living a loan-free life as a student is possible with careful planning and discipline. Focus on budgeting strictly, prioritizing essential expenses, and finding ways to earn extra income through part-time jobs, freelancing, or campus opportunities. Take advantage of scholarships, grants, and studentRead more

    Living a loan-free life as a student is possible with careful planning and discipline. Focus on budgeting strictly, prioritizing essential expenses, and finding ways to earn extra income through part-time jobs, freelancing, or campus opportunities. Take advantage of scholarships, grants, and student discounts, and avoid lifestyle spending that isn’t necessary. By being resourceful, disciplined, and proactive, you can cover your needs without relying on loans and graduate with financial freedom.

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  2. Asked: September 8, 2023In: Money & Business

    How can you prevent your business from going bankrupt?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on December 17, 2025 at 12:47 pm

    While there have been cases where even with proper planning the business still goes bankrupt, one way to prevent this is to have a backup plan. Ensure you have a savings set aside as reserve for the business growth. Having other sources of income is still a great way to have other places you can getRead more

    While there have been cases where even with proper planning the business still goes bankrupt, one way to prevent this is to have a backup plan. Ensure you have a savings set aside as reserve for the business growth. Having other sources of income is still a great way to have other places you can get capital to invest back into the business. Ensure you have a proper plan as well and the skill set to execute these plans.

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  3. Asked: September 14, 2023In: Money & Business

    What is the best financial advice for young people?

    Avarose
    Avarose Enlightened Mentor
    Added an answer on December 16, 2025 at 2:05 am

    The best financial advice for young people is to start early and stay consistent. Focus on budgeting to live below your means, build an emergency fund, and avoid high-interest debt. Develop the habit of saving and investing regularly, even small amounts, to take advantage of compounding over time. LRead more

    The best financial advice for young people is to start early and stay consistent. Focus on budgeting to live below your means, build an emergency fund, and avoid high-interest debt. Develop the habit of saving and investing regularly, even small amounts, to take advantage of compounding over time. Learn about different investment options, like stocks, bonds, or retirement accounts, and diversify your portfolio. Most importantly, educate yourself about money, make thoughtful financial decisions, and prioritize long-term goals over instant gratification these habits lay the foundation for financial independence and lasting security.

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  4. Asked: September 20, 2023In: Money & Business

    Am selling local stuff do I need to register the business?

    Avarose
    Avarose Enlightened Mentor
    Added an answer on December 16, 2025 at 2:01 am

    Even if you’re selling local goods like onions, or Maggi, registering your business is still a good idea. It makes your business official, protects you legally, and can help you access bank accounts, loans, or suppliers more easily. While small, informal vendors sometimes operate without registratioRead more

    Even if you’re selling local goods like onions, or Maggi, registering your business is still a good idea. It makes your business official, protects you legally, and can help you access bank accounts, loans, or suppliers more easily. While small, informal vendors sometimes operate without registration, having it builds trust with customers, avoids potential fines, and gives room to grow your business in the future. It’s a small step that can make a big difference.

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  5. Asked: August 27, 2023In: Money & Business

    What is the good way to spend money?

    Avarose
    Avarose Enlightened Mentor
    Added an answer on December 11, 2025 at 11:40 am

    A good way to spend money is to prioritize needs over wants and make sure every expense has a purpose whether it’s covering essentials, investing in your future, or bringing real value or joy. Setting a budget, tracking where your money goes, and planning for both short-term needs and long-term goalRead more

    A good way to spend money is to prioritize needs over wants and make sure every expense has a purpose whether it’s covering essentials, investing in your future, or bringing real value or joy. Setting a budget, tracking where your money goes, and planning for both short-term needs and long-term goals helps avoid unnecessary spending. It’s also smart to save or invest a portion regularly so spending doesn’t eat into your security. Essentially, spend consciously, not impulsively, and make each dollar work toward improving your life or future.

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  6. Asked: August 29, 2023In: Money & Business

    How do You Save While in Debt?

    Augusta
    Augusta Enlightened Mentor
    Added an answer on December 5, 2025 at 5:54 am

    Saving money while paying off debt can be challenging, but there are multiple strategies that may help one tackle both at once. you need to  start small with your emergency fund by setting a goal of saving some money first, and then slowly build it from there. Use tactics like saving automatically aRead more

    Saving money while paying off debt can be challenging, but there are multiple strategies that may help one tackle both at once.

    you need to  start small with your emergency fund by setting a goal of saving some money first, and then slowly build it from there. Use tactics like saving automatically and in a separate account.

    You can save yourself from debt by compiling a list of what you owe, sort it smallest to largest. Get on a strict budget, cut out all unnecessary spending… this is temporary, not forever.Sell anything you can…Make minimum payments on all debt, and save for temporary emergency.

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  7. Asked: June 18, 2024In: Money & Business

    How to Make Money as a Dance Teach With no Skills

    Augusta
    Augusta Enlightened Mentor
    Added an answer on December 3, 2025 at 3:41 am

    The best way to still make money with no dance skill is to make sure your dance lessons are the best around. Focus on a niche and gain experiencee and be more knowledgeable in it You can start small by teaching classes at a community center or park, and as you gain more experience and build a reputaRead more

    The best way to still make money with no dance skill is to make sure your dance lessons are the best around. Focus on a niche and gain experiencee and be more knowledgeable in it

    You can start small by teaching classes at a community center or park, and as you gain more experience and build a reputation, you can expand and get the visibility you need.

    know how to dance. With group lessons, classes and especially with privat lessons you can make some good money. Take online dance classes .

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  8. Asked: August 16, 2023In: Money & Business

    How can I create a strong successful business plan?

    Augusta
    Augusta Enlightened Mentor
    Added an answer on November 25, 2025 at 5:25 am

    As you intend to have a business you need to have a business plan Go into detail about the problems your business solves. Be specific, and list out the consumers, organization, or businesses your company plans to serve. You just have to  make a successful business plan They are Elements of a BusinesRead more

    As you intend to have a business you need to have a business plan Go into detail about the problems your business solves. Be specific, and list out the consumers, organization, or businesses your company plans to serve.

    You just have to  make a successful business plan

    They are Elements of a Business Plan.  most business plan templates include seven elements: an executive summary, company description, products and services, market analysis, marketing strategy, financials, and budget elements

    You would  Write a Business Plan that would be successful with these Elements You can think of the business plan having your  Concept, Customers, and Capital.in mind.

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  9. Asked: September 14, 2023In: Money & Business

    Do you guys think moniepoint is a legit online banking?

    Augusta
    Augusta Enlightened Mentor
    Added an answer on November 21, 2025 at 6:07 am

    Yes, Moniepoint is safe. Moniepoint Microfinance Bank is regulated by the CBN and received an award for the most inclusive payment platform in 2022. So Moniepointa is a legitimate bank. Moniepoint MFB is a Central Bank of Nigeria (CBN)-regulated microfinance bank serving businesses and individuals aRead more

    Yes, Moniepoint is safe. Moniepoint Microfinance Bank is regulated by the CBN and received an award for the most inclusive payment platform in 2022.

    So Moniepointa is a legitimate bank. Moniepoint MFB is a Central Bank of Nigeria (CBN)-regulated microfinance bank serving businesses and individuals across Nigeria. Their solutions power millions of small and medium-sized businesses, organisations, and retail users with access to banking and credit services. So anyone can go ahead to use it.

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  10. Asked: September 21, 2023In: Crypto & Forex

    Can someone depending on parents buy Bitcoin machine?

    Avarose
    Avarose Enlightened Mentor
    Added an answer on November 18, 2025 at 4:07 am

    Yes, it’s possible for someone relying on their parents to buy a Bitcoin mining machine, but it’s not as simple as just buying it. Mining requires a lot of electricity, maintenance, and initial investment, so you need to make sure it’s practical and profitable. It’s also important to discuss it withRead more

    Yes, it’s possible for someone relying on their parents to buy a Bitcoin mining machine, but it’s not as simple as just buying it. Mining requires a lot of electricity, maintenance, and initial investment, so you need to make sure it’s practical and profitable. It’s also important to discuss it with your parents since they might be responsible for payments or legal ownership. Planning carefully and understanding the risks is key before jumping in.

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