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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: August 21, 2023In: Money & Business

What should one look for when hiring?

As at last year 2022, i was working under someone as a photo editor, while i was working there i was made the manager within some months, not because of my skills as a photo editor, cause back then i ...Read more

As at last year 2022, i was working under someone as a photo editor, while i was working there i was made the manager within some months, not because of my skills as a photo editor, cause back then i was still pretty much learning. It was rather due to my seriousness and commitment. During this period i came to discover the true nature of the other workers, though they where extremely skilled than me but they had this ” i don’t care attitude” there where times where some would just leave the office without even letting anyone know, they where fund of coming in late majority of the times to the point where i was literally doing almost everything. This made me realize that hiring someone is not just by their level of skills alone, but there should be other factors to consider. So my question is what should one look out for when hiring an employee in the future?

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businessemployeesmoney
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  1. Light
    Light Trusted Adviser
    Added an answer on August 21, 2023 at 8:05 pm

    There are crucial factors to take into account while employing someone. Consider the experience and qualifications required for the position first. Look for someone who can complete the job well and has those skills. Finding someone who is accountable, trustworthy, and collaborative is also crucial.Read more

    There are crucial factors to take into account while employing someone. Consider the experience and qualifications required for the position first. Look for someone who can complete the job well and has those skills.

    Finding someone who is accountable, trustworthy, and collaborative is also crucial. To make sure they’re a good fit, look into their references or previous work. Always keep in mind that the correct person may make your team and job go more smoothly.

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bluebird
bluebird
Asked: August 3, 2024In: Money & Business

What are the benefits of investing your money in the stock market

What are the benefits of investing your money in the stock market? You can invest in stocks and shares also.

What are the benefits of investing your money in the stock market? You can invest in stocks and shares also.

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on August 3, 2024 at 1:20 pm

    Investing in the stock market provides long-term wealth growth through capital appreciation and dividends. It offers chances for diversification, outpacing inflation, and good returns compared to other investments. Moreover, stock ownership enables growth in a company, making it a profitable optionRead more

    Investing in the stock market provides long-term wealth growth through capital appreciation and dividends. It offers chances for diversification, outpacing inflation, and good returns compared to other investments. Moreover, stock ownership enables growth in a company, making it a profitable option for wealth-building and financial goals.

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Light
LightTrusted Adviser
Asked: September 10, 2023In: Money & Business

Why Business Owners Should Seek Advice or Counsel?

It is advisable for business owners to seek advise or counsel in order to get important insights, access knowledge they may not have, and make wise judgments. A trusted advisor can offer advice on problem-solving, market trends, financial management, and ...Read more

It is advisable for business owners to seek advise or counsel in order to get important insights, access knowledge they may not have, and make wise judgments. A trusted advisor can offer advice on problem-solving, market trends, financial management, and strategic planning. Their viewpoint can result in better company plans, more effectiveness, and higher success rates. Seeking advice encourages learning, reduces risks, and improves adaptation in a work environment that is constantly changing. What do you think?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 11, 2023 at 6:10 am

    There is a popular saying, no man is an island. It is extremely important a business owner should from time to time seek the advice and opinions of others cause the truth of the matter is that there are others who have been through the stage we are currently struggling with as a business owner, therRead more

    There is a popular saying, no man is an island. It is extremely important a business owner should from time to time seek the advice and opinions of others cause the truth of the matter is that there are others who have been through the stage we are currently struggling with as a business owner, there are others who have access to more opportunities and experience than ourselves. This is also one reason why business owners are asked to have a mentor.

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Light
LightTrusted Adviser
Asked: June 29, 2024In: Blogging, Websites & Online Skills

How do You Generate Your YouTube AI Images

How do you generate AI Images that are closely related? So many can manage to generate random images but they don’t know how to create recurring images. So they are stalked at it till they are either exhausted or exhaust ...Read more

How do you generate AI Images that are closely related? So many can manage to generate random images but they don’t know how to create recurring images. So they are stalked at it till they are either exhausted or exhaust their limits on the image generating sites. Some people have this secrets but they find it difficult to share. Do you have any idea how it’s done?

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

What is your experience with watching videos to earn online?

This is one task online for money making that I have never made a dime from. I read reviews about some people watching videos online and making good money. I don’t know how true this is. What’s your experience with ...Read more

This is one task online for money making that I have never made a dime from. I read reviews about some people watching videos online and making good money. I don’t know how true this is. What’s your experience with this task online?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on November 2, 2025 at 6:47 pm

    I have come across some sites that claim they would pay you to watch videos bur my experience with them has not really been good. Majority of the sites likes this i came across back then turned out to be scam sites. And based on reviews of others, it seems the money they pay is not really enough comRead more

    I have come across some sites that claim they would pay you to watch videos bur my experience with them has not really been good. Majority of the sites likes this i came across back then turned out to be scam sites. And based on reviews of others, it seems the money they pay is not really enough compared to the amount of data they spend in watching these videos as well.

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yusra
yusraTrusted Adviser
Asked: September 14, 2023In: Money & Business

What is the thumb rule of 50-30-20 in personal finance?

What is the 50-30-20 guideline for budgeting expenses, where 50% of income covers needs, 30% goes toward wants, and 20% savings, and how can this principle help me manage my money effectively, balance spending and saving, and achieve my financial ...Read more

What is the 50-30-20 guideline for budgeting expenses, where 50% of income covers needs, 30% goes toward wants, and 20% savings, and how can this principle help me manage my money effectively, balance spending and saving, and achieve my financial goals?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on November 11, 2025 at 8:31 am

    I think this is the popular 50-30-20 rule recommending putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals. Budgeting basics is to adopt The 50-30-20 rule. The 50/30/20 Budget Rule explaRead more

    I think this is the popular 50-30-20 rule recommending putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

    Budgeting basics is to adopt The 50-30-20 rule. The 50/30/20 Budget Rule explained how one can live with ease even as a low income earner

    The 50/30/20 budget rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do.With the 50/30/20 budget method, the idea is to divide your monthly income into three categories, spending 50% on needs, 30% on wants, and 20% on savings

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Donflex
DonflexNewcomer
Asked: September 24, 2023In: Money & Business

Ways on How to control my benefits ?

For financial benefits like retirement plans, create a budget and savings plan to maximize your benefits over time.

For financial benefits like retirement plans, create a budget and savings plan to maximize your benefits over time.

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on August 13, 2024 at 7:30 am

    To control your benefits effectively, set clear goals, track progress, make informed decisions, optimize contributions, diversify investments, review regularly, and seek professional advice when needed. By staying disciplined, informed, and proactive, you can maximize the value of your benefits andRead more

    To control your benefits effectively, set clear goals, track progress, make informed decisions, optimize contributions, diversify investments, review regularly, and seek professional advice when needed. By staying disciplined, informed, and proactive, you can maximize the value of your benefits and secure your financial future with confidence.

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Donflex
DonflexNewcomer
Asked: August 13, 2023In: Money & Business

Can I make money from online store

Yes cause Success depends on factors like the products you offer, your marketing strategies, customer service, and the overall user experience. It’s also important to conduct through research, create a solid business plan, and be prepared for challenges along the ...Read more

Yes cause Success depends on factors like the products you offer, your marketing strategies, customer service, and the overall user experience. It’s also important to conduct through research, create a solid business plan, and be prepared for challenges along the way, make sure that your online store has secure payment gateways to protect customer information, an certificates to assure customers of a safe shopping experience in the store 

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on April 26, 2026 at 3:04 am

    You can make money from an online store, but it’s not automatic it depends on how well you choose products, reach customers, and build trust. Stores that succeed usually focus on solving a clear need, not just selling random items. Good marketing, simple user experience, and reliable customer servicRead more

    You can make money from an online store, but it’s not automatic it depends on how well you choose products, reach customers, and build trust. Stores that succeed usually focus on solving a clear need, not just selling random items. Good marketing, simple user experience, and reliable customer service all play a big role in turning visitors into buyers. It also takes time to test, improve, and understand what actually sells before consistent profit starts showing.

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Light
LightTrusted Adviser
Asked: August 26, 2023In: Money & Business

Can You Make Money From a Mobile Car Detailing Service?

A mobile automobile detailing business may be successful. People value convenience, so having their cars washed nearby appeals to them. You can charge competitive costs by providing services like washing, waxing, interior cleaning, and detailing. A loyal clientele can ...Read more

A mobile automobile detailing business may be successful. People value convenience, so having their cars washed nearby appeals to them. You can charge competitive costs by providing services like washing, waxing, interior cleaning, and detailing.

A loyal clientele can be developed through recommendations and repeat business. Business can be attracted via marketing on social media, in local publications, and by word of mouth. Customer happiness depends on having the right tools, getting good service, and paying attention to the little things. A mobile auto detailing business can offer a reliable income and room for expansion with the correct strategy.

 

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  1. Basil20
    Basil20 Active Contributor
    Added an answer on August 26, 2023 at 11:10 pm

    Yes, you can make money from a mobile car detailing service. Mobile car detailing involves providing cleaning, polishing, and maintenance services for vehicles at the customer's location. Here's how you can potentially earn money: 1. **Low Overhead:** Operating a mobile service eliminates the need fRead more

    Yes, you can make money from a mobile car detailing service. Mobile car detailing involves providing cleaning, polishing, and maintenance services for vehicles at the customer’s location. Here’s how you can potentially earn money:

    1. **Low Overhead:** Operating a mobile service eliminates the need for a physical location, reducing overhead costs.

    2. **Convenience:** Customers value the convenience of having their cars detailed at their preferred location.

    3. **Customized Packages:** Offer various detailing packages to cater to different customer needs and budgets.

    4. **Repeat Business:** Satisfactory services can lead to loyal customers who return regularly.

    5. **Word of Mouth:** Positive experiences can lead to referrals and more customers.

    6. **Upselling:** Offer additional services like ceramic coating, interior protection, or headlight restoration to increase revenue per customer.

    7. **Partnerships:** Collaborate with local businesses, dealerships, or car rental companies to provide bulk services.

    8. **Online Presence:** Create a website, social media profiles, and online booking options for better visibility.

    9. **Quality Work:** Deliver exceptional results to build a strong reputation.

    However, success depends on factors like your service quality, pricing, marketing efforts, and customer satisfaction. Conduct thorough market research, develop a solid business plan, and ensure you’re complying with local regulations and permits.

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Light
LightTrusted Adviser
Asked: September 9, 2023In: Money & Business

How do You Get Out of Debt Quickly?

I suggest you make a budget, reduce wasteful spending, improve income, pay off high-interest debt first, think about consolidating debt, and develop an organized plan to get out of debt quickly. What do you think?

I suggest you make a budget, reduce wasteful spending, improve income, pay off high-interest debt first, think about consolidating debt, and develop an organized plan to get out of debt quickly. What do you think?

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 6, 2025 at 7:28 am

    You don't just plan about getting out of debt and just make some imaginations in your head thinking that things are very easy when we don't put in effort because that will not work. For you to pull off something like that you have to be very dedicated and hardworking because it requires food hardwarRead more

    You don’t just plan about getting out of debt and just make some imaginations in your head thinking that things are very easy when we don’t put in effort because that will not work.
    For you to pull off something like that you have to be very dedicated and hardworking because it requires food hardware and discipline to stay off dept.

    When you have discipline it is then that you can be saving money from your monthly or daily earnings which you will use at the end of the day to pay off the debt

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