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How to build emergency funds even when you’re on a low-income earnings

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How to build emergency funds even when you're on a low-income earnings

It can be difficult for low-income earners to try to raise emergency funds, but it is quite possible. In this modern age, you must never allow your income to be an obstacle between you and your emergency funds. 

There are several creative methods you can use to build these funds instantly. In today’s article, we share some important tips to help you save more money and build the emergency funding account you need. 

Read: Emergency fund: How much should be in my emergency fund?

Create a budget 

If you don’t have much money, the budget may seem much more intimidating than its value, but it helps to accumulate enough savings over time. Budgeting and following it can help you save money even with a small budget. It’s one of the most important parts. One of the benefits of the budget is that it helps you adjust as needed. This will help you build emergency funding. When you do, you need to be honest with yourself. 

Some areas where budget costs can be reduced are: 

  • Think better when you go to the nearest grocery store 
  • Reduce spending at restaurants and eateries 
  • Be careful about your shopping, strategically plan, spend more time on your budget and cut out unwanted items, and notice how you’ll definitely be rewarded for seeing a surge in the amount of emergency funding. 
  • Keep your housing and transportation costs low 
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Many housing and transportation costs are two major costs for people, with higher monthly and annual costs. According to the report, Africa has the highest transportation costs in the world and the lowest incomes require rethinking and limiting the speed of travel from one location to another. 

High resident housing costs can cause some problems and prevent you from focusing on building emergency funds. The solution to getting out of this is to cut the coat to match your outfit. Provide a shelter to build your funds based on your income. 

  • Starting small, regular contributions 

Contribution levels should start small in order to grow and grow over time. This allows you to easily streamline abandoned savings without wasting cash flow. 

Save regularly, daily, weekly, monthly, and even yearly

You need to make this a habit, not a recurring struggle. 

  • Automating Savings 

The easiest way to save money is to not touch it. To automate your savings, you need to open another account just for emergency funding and choose a donation level that you can meet. Use a savings account or another type of account that is not easily accessible. 

Related  List of Whatsapp TVs/media in Nigeria

Emergency Funding is exactly what it says, for emergencies. 

  • Set economic dreams When it comes to savings, financial will is the most important factor

Think about what you’ll need in three to five years and break down your financial commitment into weekly or monthly plans. These dreams aren’t too complicated to achieve when checked from scratch. Then, with one saving habit at a time, you can pave the way for those desires. 

  • Promote items you don’t use now 

People are happy to find clothes and used items that look and function well these days. Now it can also be called a “pre-purchased” device. 

In fact, most people have enough clothes. Wash your closet for anything you don’t normally wear and get ready for the sale. It’s not difficult now. You can use your existing social media to spread the phrase, which will definitely generate some income. 

  • Living friendly life save (frugally) 

Spend money on paper before spending money in real life. Leaks need to be blocked very well in order to keep cash on a low win. 

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To avoid temptation, always make a list of everything you need, in addition to the rates specified. This will help you confirm at the time of purchase. Also, focus on buying what is absolutely important and avoid spending money right away. Ignoring needs can be harmful now, but if you plan and follow them, the higher days will come. 

Conclusion

Finally, being on a low income doesn’t give the excuse of not saving for unexpected situations. Prevention they say is very much better than cure. 

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List of Whatsapp TVs/media in Nigeria

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List of Whatsapp TVs-media in Nigeria

Introduction

We have many popular WhatsApp TVs in Nigeria, among these WhatsApp TVs, there are top WhatsApp TVs in Nigeria that stand out among the rest.

WhatsApp TV marketing is one of the most popular means of getting your product sold. Not just that, there are many things people use it for. A large number of people are making a whopping amount of cash from it.

This article is divided into the following topics and subtopics:

  • What is a WhatsApp TV?
  • Why should I transact with WhatsApp TVs?
  • List of large WhatsApp TVs in Nigeria
  • What is a Whatsapp TV niche?
  • How to get started on GenixBooster?

What is a WhatsApp TV?

Whatsapp TV is a WhatsApp account used for posting content for viewers. It helps to entertain people via the status feature. If you’ve ever thought of making money with your social media account, creating a WhatsApp TV is one of the ways to achieve that.

Related  How to increase my status views with Genix booster?

There is no doubt that Whatsapp is one of the best social media platforms. It has more than 2 billion users across the globe and has proven to be one of the best apps to make money online.

Read: How to start a WhatsApp TV/Media

Why should I transact with WhatsApp TVs?

Over the years, WhatsApp TVs have aided peer-to-peer transactions among individuals. Having access to invest in Whatsapp contact is as good as investing in a business. Still, the rate of fraud by WhatsApp TV is high, suggesting that WhatsApp users should be careful when dealing with these TVs.

Issues of scams and other fraudulent activities have been highly regulated by Genixbooster. Over the years testimonials have shown that Genixbooster has made the WhatsApp TV ecosystem secure for people to transact without fear.

Genix Booster is a website that is popularly known to grow WhatsApp businesses by helping business owners to increase their sales.

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Now as a business person, think of what 1000, 5000, 15000 or more contacts can do for you, yes you’re right! It means a wider customer range and then more sales for you.

Read: How to resolve Whatsapp traffic – 100% working methods

List of large WhatsApp TVs in Nigeria

The following are list of large WhatsApp TVs that have proven to be legit and are certified by Genixbooster. Among the largest WhatsApp TVs are:

Check other WhatsApp TVs from Genixbooster.com/businesses.

What is a Whatsapp TV niche?

The WhatsApp TV marketplace is a broad place where you find a variety of products and services, a niche is what distinguishes different parts of the market.

Related  Free 1,000 contacts for every Niche for WhatsApp TVs

A niche is a specialized segment of the market that deals with a particular kind of product or service.  A niche in business helps you to identify what your potential audience needs and helps you to come up with products and services that will meet the needs of your audience.

Read: Apps you need for your Whatsapp TV business

How to get started on Genixbooster.com?

Very easy, visit genixbooster.com and sign up with your correct details.

Conclusion

Starting a Whatsapp TV is one of the smartest ways to start making money online and growing your community. However, with Genixbooster, your journey has been simplified.

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How to make money online with zero capital

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How to make money online with zero capital

If you are looking for the easy ways to making money online but with zero capital then this is a must-read article for you. With the advent of the Internet, there are a lot of things you could do or get yourself engage in from the comfort of your home without investing a dime. 

Making money online is as easy as cracking a shell. Follow up with this article and gather those bucks today into your account and wallet. 

1. Selling Information Products 

This is one of the fastest ways to make money online without spending a penny. You can go ahead and create Ebook, short reads, online courses ranging from weight loss, belly burner tips, Relationship related topics and etc. 

Watch the video below to know more about information marketing:

Every day, people are sourcing for information by browsing through Google, YouTube, and other search engines just to get answers to their questions. This is where you play the role by appearing behind the scene and providing the with answers they need and in the end get paid for this. 

To be successful in the informational products marketing, you need to find out what people are searching for and not necessarily what you love because they are the ones with questions and not you. Therefore, do some thorough search on the web e.g: ‘how to lose weight in 3 weeks, a person with questions on how to lose weight or shed some pounds will be more interested to read the article and he or she won’t be bothered about paying to get such info. 

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Inclusively, people don’t just want information they crave for tips and strategies to making their life better. They want guidance. And that’s what the best information products provide, whether it’s a video, an ebook, an audio etc. So get into play now and gather ideas by searching and get those infos ready. 

For ebooks, magazines, and similar products, you can create them in Microsoft Word or Google Docs and then save them as a PDF. For the cover, you can go ahead and use some free tools like Canva.com, Pixabay.com, Unsplash.com, etc. 

2. Dropshipping 

With dropshipping, you tend to collect customers’ orders from an online store and send them to the buyer directly. I’m dropshipping, all you have to do is to market the product. The drop shippers supply everything necessary from the product itself to the packaging and finally shipping. Get those items and deliver them to the buyer is everything you need to make money here. So simple right? 

Read: Earn $100 daily from your Whatsapp status with this secret

Related  What is financial planning in Business?

3. Becoming A Transcription Freelancer

As a result of an increment in the number of podcasts and video content, there is a high demand for transcribing audio into text format. As a transcriber you work at your own pace and it can be easily done by anyone who understands and can write in English. The job of a transcriber involves firstly to listen to an audio such as interviews, notes, and messages, and in turn convert this same into written documents. As a Transcriber, you must be highly skilled in grammar, spelling, strong concentration, effective time management, and punctuation with a proficient word-per-minute typing speed.

Final note on this: Transcription requires you to be committed Inorder to ensure you produce an excellent and a perfect job for Clients. 

Read: 7 Top money-making small business Ideas to start today

4. Become A Virtual Assistant 

As a virtual assistant, you earn some more bucks into your wallet through managing the social media pages of business owners, receive calls on their behalf, replying messages and business emails, administrative and technical work. 

Some skills required here can range from effective communication skills, preparing business reports and documents as well as thinking skill. If you believe you’re good to go in this then jump to platforms where clients are such as Upwork.com, Fiverr.com, and also you can go ahead to promoting yourself on various social media platforms and then boom more money. Keep in mind that clients are everywhere and business owners are in search of Virtual Assistants. 

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5. Start a YouTube Channel 

Viola!! Have you ever thought of becoming a YouTuber??? Getting a YouTube channel doesn’t cost you a penny and funny enough it brings you some extra $$$. To start earning on this platform, you need to search for a niche that is selling well and these are opportunities to make more money. 

You don’t have to appear on your screen if you are the shy type of person, instead, you can partner with brands, promote them, or either sell merchandise or become an Affiliate marketer. If you love appearing on screen, then you can start with what you love doing e.g dancing, workout, or providing solutions to people’s problem,s and this way they will be interested to learn more and become a subscriber in the long run. 

Note: The ultimate key to making money on YouTube is to focus on a Niche. 

Watch this video below to get clue on how to start a youtube channel:

Conclusion

So there you go, some ways to earn more money online without any investment or any startup capital at all. 

Which money-making idea are you going to try first? Drop your answer in the comment section.

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7 Top money-making small business Ideas to start today

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7 Money making small business ideas to start today

The internet has provided a space where ideas are turned into money and these are not any form of money-making businesses but a high-paying ones that can pave way to earning more online. 

Check out our 5 top money-making small business ideas below:

1. Graphic Designing 

Even if you have a degree or ample experience in design, it’s important to stay current on all the latest design programs and trends. If you need a refresher, graphic design courses at local colleges can help. Designers who also have animation and web development experience typically have the most opportunities.

Develop an attractive website that houses samples of your best work to show to prospective clients. Then network through business networking groups and in places where businesses look for graphic designers, such as Upwork and LinkedIn.

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2. Social Media Manager

Do you know the ins and outs of Facebook, Twitter, Pinterest, LinkedIn, and other social channels? Help businesses keep up with the latest trends and tricks for building and engaging audiences through social media. Then show your value by using analytics to gauge how well your social campaigns perform.

Watch the video below to learn more about social media management.

3. Freelance Writer or Editor

These professionals can stay at home and produce content for a variety of venues. All they need are writing skills, editing skills, a computer, and an internet connection. Then start accessing companies or individuals who have a need for the work they do.

Join Upwork or Fiverr today to start your freelancing journey.

4. Professional Blogger/Social Media Influencer

Thinking about starting a blog and turning it into a business venture? Blogs are a great method for how to make money in business. Professional bloggers earn money through selling advertising and affiliate marketing on their own blogs or by getting paid to blog for another company or organization. Popular topics for bloggers include travel, cooking, health, technology, and finance.

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5. Web Designer

Websites are necessary for selling products and services in our modern economy. This means that businesses especially need websites to sell products to their customers, as well as to communicate with them. Therefore, if you have website building skills, the market is booming with opportunity. All you have to do is get the word out about your website design services and begin. Building and optimizing your own website can be a good starting point.

6. Video Editor

When you’re struggling with what business to start, one good option is to use skills you already have. For instance, as more companies turn to video to communicate their messages to consumers, video editing skills become more valued. This skill can be used to assist businesses, or even to assist individuals, with making videos.

7. Invest in Real Estate

Renting real estate to tenants can bring in passive income without much effort. And today’s landlords don’t need to deal with the hassle of long leases and bad tenants.

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Ready to start a business? Making money starts with knowing what’s out there. The key to success as a business owner is finding the right job to fit your needs, skills and preferences. Once you do that, don’t be afraid to invest in your idea. With today’s digital environment syncing multiple streams of income in support of a single well-supported lifestyle is easier than you might think.

Read: 5 Profitable home business ideas to start now

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