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Mike Smith
Mike SmithKnowledge Seeker
Asked: April 14, 2024In:

Many individuals claim that they are working hard each day to make sure that they attend or rich financial stability and freedom, but only a few of these individuals are able to reach this financial freedom and stability. Why is ...Read more

Many individuals claim that they are working hard each day to make sure that they attend or rich financial stability and freedom, but only a few of these individuals are able to reach this financial freedom and stability. Why is this so if I may ask?

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financial stabilityhard workpersonal finance
  1. spencer
    spencer Enlightened Mentor

    Well, it's because efficiency is different from results, just because you work hard, you shouldn't just expect to make money or get rich, there are certain things you need to get correctly in other to get rich, you have to own your business, no matter how hard you work, if it's not your business, itRead more

    Well, it’s because efficiency is different from results, just because you work hard, you shouldn’t just expect to make money or get rich, there are certain things you need to get correctly in other to get rich, you have to own your business, no matter how hard you work, if it’s not your business, it’ll be hard to get rich in it.

     

    You should also be self aware, is what you’re doing giving you the results you want or you’re just spinning your wheels, it’s important too.

     

     

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Udyfortune
UdyfortuneNewcomer
Asked: April 24, 2024In:

My question is, how can someone generate income from coconut business, especially in rural areas. I know sometimes because boom base on location..  

My question is, how can someone generate income from coconut business, especially in rural areas.

I know sometimes because boom base on location..

 

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businessincomepersonal finance
  1. Mosiur
    Mosiur Newcomer

    There are various types of business you can do here and there. Coconut business is not a new business you can do it online or offline. Simply, you should go to a rural area to collect coconuts and after collecting, you can sell them in the market you can do it yourself or you can make others do it. Read more

    There are various types of business you can do here and there. Coconut business is not a new business you can do it online or offline. Simply, you should go to a rural area to collect coconuts and after collecting, you can sell them in the market you can do it yourself or you can make others do it.  This is an offline system for the business. You can do it online too. Firstly, you can create a Facebook page or create a YouTube channel and then make a video for the business giving a contact number or address. Then see the magic of the business how people come to you by groups to buy coconuts.

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Mike Smith
Mike SmithKnowledge Seeker
Asked: April 14, 2024In:

Preparing for emergency and unforeseen occurrences is absolutely important and very much beneficial to an individual’s well-being because not individual is above unforeseen occurrences and emergencies. When an individual realizes profit from his or her business or get paid his ...Read more

Preparing for emergency and unforeseen occurrences is absolutely important and very much beneficial to an individual’s well-being because not individual is above unforeseen occurrences and emergencies. When an individual realizes profit from his or her business or get paid his or her salary, it is advised that he or she allocates a reasonable amount of money out of his or her profit or salary for emergency purposes, but how much exactly should be allocated? And is there a percentage designated for this allocation?

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funds allocationpersonal financespending money
Alex Johnson
Alex JohnsonNewcomer
Asked: September 12, 2023In:

Do you have strategy  for dealing with unexpected financial challenges? If yes, please share your experiences with us .

Do you have strategy  for dealing with unexpected financial challenges?

If yes, please share your experiences with us .

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moneypersonal finance
  1. deucher
    deucher Active Contributor

    I have a strategy for this and it is a very simple strategy because it only requires preparation. It is important to prepare your finances for unexpected expenses and losses. If I save money all the time, then I will be sure of tomorrow and many such problems may not arise because I will make a badRead more

    I have a strategy for this and it is a very simple strategy because it only requires preparation. It is important to prepare your finances for unexpected expenses and losses. If I save money all the time, then I will be sure of tomorrow and many such problems may not arise because I will make a bad decision due to uncertainty. And in such cases, I will not need to take out a loan, which can cause even more problems

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Abigael
AbigaelTrusted Adviser
Asked: August 25, 2023In:

I have learnt the importance of teaching children about money while they are still young. It helps them build a great foundation for financial stability and freedom in adulthood. So what are the age appropriate methods to teach them? Something that ...Read more

I have learnt the importance of teaching children about money while they are still young. It helps them build a great foundation for financial stability and freedom in adulthood.

So what are the age appropriate methods to teach them? Something that they will find it easy to understand and practice.

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childrenmoneypersonal finance
  1. Abigael
    Abigael Trusted Adviser Abigael

    Leading by example is one of the best ways to teach children about financial management. This is so true considering how much children learn from watching what their parents do. My parents never taught me things intentionally; cooking, cleaning, milking the cows, washing clothes; I just watched themRead more

    Leading by example is one of the best ways to teach children about financial management. This is so true considering how much children learn from watching what their parents do. My parents never taught me things intentionally; cooking, cleaning, milking the cows, washing clothes; I just watched them do it and learnt.

    Then as I got older, I was given a chance to do things on my own with a little correction here and there. That is how I got so good at doing those things.

    Similarly, be a good financial manager and your children will watch and learn. Then give them money, watch them do it and correct where necessary.

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Crystal
CrystalKnowledge Seeker
Asked: September 27, 2023In:

Having a nursery school, is it a profitable way to make money.? Do you think nursery school can provide a reasonable income to his or her owner? You have any idea?

Having a nursery school, is it a profitable way to make money.?

Do you think nursery school can provide a reasonable income to his or her owner?

You have any idea?

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nursery schoolpersonal finance
Crystal
CrystalKnowledge Seeker
Asked: September 25, 2023In:

What can make a company trust employee ? In a company, I don’t think there’s anything else that’s more important than trust. If you’re trustworthy person, you will really enjoy working on the company.

What can make a company trust employee ?

In a company, I don’t think there’s anything else that’s more important than trust.

If you’re trustworthy person, you will really enjoy working on the company.

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personal financetrustworthy
  1. Jewel
    Best Answer
    Jewel Knowledge Seeker Jewel

    If an employee has a good character and qualities in him, he can be trusted and reliable Characters like; (1)Integrity:Acting with integrity means adhering to a strong moral and ethical code. It often results in making ethical decisions, which can lead to a positive reputation and trust from colleagRead more

    If an employee has a good character and qualities in him, he can be trusted and reliable
    Characters like;
    (1)Integrity:Acting with integrity means adhering to a strong moral and ethical code. It often results in making ethical decisions, which can lead to a positive reputation and trust from colleagues and supervisors.
    (2)Respect:Treating colleagues, clients, and superiors with respect fosters a positive work environment. It encourages collaboration and helps build strong working relationships.

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Crystal
CrystalKnowledge Seeker
Asked: September 25, 2023In:

How can a good character help employee ? Some companies value the conduct of their employees, at times due to employee performance or behavior he or she can have access to the company owner.

How can a good character help employee ?

Some companies value the conduct of their employees, at times due to employee performance or behavior he or she can have access to the company owner.

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good behaviorpersonal finance
  1. Jewel
    Jewel Knowledge Seeker Jewel

    Normally having good character traits can significantly benefit an employee in their professional life. Being trustworthy is essential in the workplace. Colleagues and employers are more likely to rely on someone who consistently keeps their commitments and is honest and ethical also an employees whRead more

    Normally having good character traits can significantly benefit an employee in their professional life. Being trustworthy is essential in the workplace. Colleagues and employers are more likely to rely on someone who consistently keeps their commitments and is honest and ethical also an employees who consistently show up on time, meet deadlines, and fulfill their responsibilities are highly valued by employers. This reliability contributes to team cohesion and productivity.

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Mfon
MfonNewcomer
Asked: September 23, 2023In:

How can you developed yourself as self employed ? I think it’s a reasonable decision to work as self employed because you control your time spending alone. How can I do this.?

How can you developed yourself as self employed ?

I think it’s a reasonable decision to work as self employed because you control your time spending alone.

How can I do this.?

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personal financeself-employed
  1. yusra
    yusra Trusted Adviser

    Here are some tips for self-employed people to develop themselves and advance their skills: - Take online courses and earn certifications in your field. platforms like Udemy, Coursera, LinkedIn Learning offer affordable and targeted classes. - Attend conferences, seminars, workshops. Look for ones tRead more

    Here are some tips for self-employed people to develop themselves and advance their skills:

    – Take online courses and earn certifications in your field. platforms like Udemy, Coursera, LinkedIn Learning offer affordable and targeted classes.

    – Attend conferences, seminars, workshops. Look for ones that provide practical, actionable insights related to your work.

    – Expand your professional network. Join industry associations, follow influencers on social media, and attend networking events. Learn from others.

    – Set aside time and budget for continuing education. Treat skill development as an integral business investment.

    – Hire coaches or mentors to provide expert guidance tailored to your self-employment goals. A neutral third-party perspective is invaluable.

    – Read books, magazines, blogs to stay on top of news, information and best practices in your industry. Adapt to changes.

    – Develop skills outside your niche area – business strategy, marketing, accounting, etc. Expand your capabilities as both a specialist and generalist.

    – Practice lifelong learning. Schedule regular tune-ups through classes or training. Ongoing education is key for solo-preneurs.

    – Document learnings and ideas. Review periodically to assess progress and apply new insights to your work.

    – Consider a co-working space for the chance to collaborate and learn from other self-employed professionals.

    – Teach others through mentoring, blogging, speaking engagements. The preparation required will grow your expertise.

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Crystal
Poll
CrystalKnowledge Seeker
Asked: September 22, 2023In:

In life nothing is easy you have to work hard, true or false? Food will never fall from heaven to your place if you didn’t work hard and hustling for money. I hope you have something to say concerning this topic.

In life nothing is easy you have to work hard, true or false?

Food will never fall from heaven to your place if you didn’t work hard and hustling for money.

I hope you have something to say concerning this topic.

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Poll Results

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Participate in Poll, Choose Your Answer.

hustle for moneypersonal finance
  1. Augusta
    Best Answer
    Augusta Enlightened Mentor

    Definitely, no statement is truer than this. I hope all those that are in to criminality know that nothing good comes easy so they need to stop putting pressure on themselves by wanting to get all the good things free. Right from the word go it has always been about hard work and conscious efforts.Read more

    Definitely, no statement is truer than this. I hope all those that are in to criminality know that nothing good comes easy so they need to stop putting pressure on themselves by wanting to get all the good things free. Right from the word go it has always been about hard work and conscious efforts. So if you are not applying this enough you might not get it right as you would so working hard as always been the key.
    So you need to take your working level very seriously. if you want to get your things right even without the academic qualifications yet you can first start with getting a skill that would help you make money

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