₦airaland Forum

Dremca:
Can credit score be gotten by paying bills early using savings and avoiding using credit

Holocene:
How can I get my taxes down? Uncle Sam takes about a third of my pay and the damn health insurance....any ideas

*the insurance is provided by my company

EgunMogaji:
It's uncanny how similar our thoughts have been on various subjects

0% interest doesn't even blow up my skirt anymore. They have got to add some delicacies to the offers.

EgunMogaji:
It would not be possible without three things

1) Internet - based on the business that you're in, the internet makes it just as if you're on the other side of town.

2) Banking - it's easier now to do electronic banking. With a global bank account, deposits can flow in and you can get alert on your phone anywhere in the world, verify via internet banking from anywhere in the world. You can also make transfers to vendors from anywhere in the world. Make sure you run a "No Cash" business. This is important.

3) Trusted Person - you need a trusted person on the ground. You need to treat this person very well. My person gets a bigger share of deals than me the owner of the investment But I'm okay with that.

Just be creative, treat your partner well, don't let anyone touch your money. Bank deposits only.

Good luck.

EgunMogaji:
IMHO, starting and running a business in the US is absolutely very easy.

Hear me out.

Unlike in Nigeria, the process is well detailed, the forms necessary are easily accessible, the fees are specific and doesn't change based on who you know.

I have businesses (not conglomerate but business none the less) both in Nigeria and USA and I speak from experience.

People also need to understand that the US is such a big place and that various municipality have their own rules and regulations.

Federal law
State law
County law
City law
Subdivision rules and regulations if in one.

In Nigeria we pretty much have federal law it seems.

One of the other things I want to impress on people is that where you leave, friends you keep and generally things that you do will dictate how you will coexist.

It's a pretty free society. I haven't spoken to a police officer since I came back to California in 2010. My Wife joined me here in 2013 and have never spoken to a police officer. I drove from Ibadan to Ijebu Ode last year and there were maybe 5 or 6 checkpoints. Seriously!

Infrastructure is pretty solid. Yeah we have some bad roads here and there.

Though I have been accused of discouraging people to migrate but it is not so. My whole deal is to migrate legally. It just makes things a lot easier.

On credit, it is very useful but one must be disciplined. I have credit cards with 0% interest for 18 months to 2 years. Basically free money to use while I earn interest on my savings. If you are disciplined to pay it off before the 18 months i sup then you're good. I just pity those that don't know how to use credit as they're selling themselves short in a credit society.

A good credit record affects the following:

Car insurance
Employment
Housing
Utilities (they can then ask for a hefty deposit but won't deny you service)

So you can see that it's not a play thing. You can't get a job in a bank if you have bad credit.

If you see your Americana friend with a iPhone X or S9 then one of three things. He bought it cash for about $1,000, he has good credit so that he got 0% rate or he has bad credit and he's paying ridiculous interest rate.

If you're a car freak like me then it is very easy to indulge yourself in the car hobby. America is not a country where if you have a 2000 Accord people will think you're piss poor like they would look at you in Nigeria. You can drive a very clean, very good and dependable car for under $1,000

Goo luck to all aspirants. Its a very good place to be a normal human being but you have got to hustle.

Dremca:
I'm looking at software tech startup like: Facebook, Google, apple, twitter and the rest.

Babyvet:
Yes credit very important here, the system is a credit system, the average person borrows money in some sort of form. Many things affect your credit score like payment history, number of debts, portion of debt to income and length of credit history. It takes a long time to build credit history, 2 years is not enough. Even after 5 years, some companies may tell you that you don't have established credit history. If you get a credit card, look at the term and conditions and interest rates. The goals is pay everything in full every month but in case you don't , you don't want the interest to be too high. Not only are they looking at your score but your credit history as well. You have to make that all your things are being reported to the credit bureaus properly each month. I'm not sure what field your into, but some employers may require credit checks as well. Becoming a LEGITIMATE business owner in the country is hard and it's takes a while. Even after you open a business , you may still have to work for someone for a while to pay your own bills. Business and personal bills should not be mixed.

daudugod:
Please someone help me out, my family(family of 5), our US Visa expired yesterday(17th August, 2018) and we intend renewing, please what are the steps to this, is it still possible for us to receive an interview waiver(if yes) does that mean each of us has to fill the DS-160 form again and Schedule appointment, I would need a step by step on what to do thanks in anticipation

EgunMogaji:
Very nice.

I use to chase credit limits in the past but I now chase interest rates and miles. Move balances between cards.

My Wife opened a Delta American Express and was given 100,000 miles and 18 months 0% interest rate.

LUCAS99:
Totally agree with you.

I currently own two LLC's in the State of North Carolina.

The Process was simply straightforward.

You first choose a Business Name that is available then you file the necessary forms with the secretary of state.

The process is so easy that you don't need a Lawyer to do it for you.

It cost me roughly about $500 to start up my LLC's in the state of North Carolina

After establishing Your LLC's the next process is Obtaining an EIN for Tax purposes for your Business and then Opening a Business Checking Account.

I currently have Business Accounts across Big Banks including JP Morgan Chase, CitiBank, Capital One, Bank of America & Wells Fargo.

EgunMogaji:
My lifestyle is way too laid back to be involved in politics. Also as a first generation immigrant I was too busy with regular life. I watch my children now though and I am very proud of the fact that I created a comfortable foundation for them so they can take time to pursue some of those things that I didn't have the opportunity to pursue. This is what life is all about as far as I am concerned.

I still won't get into politics when I get back to Nigeria. My ideologies and solutions will not be mainstream and will be tremendously unpopular. I think the younger generation should be given a chance. Nigeria desperately needs a Kennedy, a Bush or an Obama. A younger and educated President can do wonders especially when you couple it with a senior council of elders like Gowon, Soyinka, etc It doesn't need someone like me.

I'll be too busy anyways in my retirement with checking off my bucket list by traveling across Africa by land and other activities such as running a foundation that I am setting up to give back to the rural communities that I grew up in. I will prefer to be an unknown element, a recluse of sorts. I don't desire nor cherish the limelight.

If I can't have the ability to sit down at a joint with friends and drink beer then "What Is Life?"

Thanks.

Prince4mic:
Hello, I'm really interested in this car importation, can you help put me through

tolusan:
Quite an impressive set up. Glen was pleasant, it was easy to make conversation with him.

You will get a lot of high end clients. The regular guys will use you for highly specialised tasks but may look elsewhere for their everyday/routine needs.

I think transmitting your expertise to your staff, ensuring quality control/that they deliver services as good as either of you and dealing with employees trying to undercut the business or make secret profit may be your biggest challenges.

So,you'll have to invest in training and retraining and also apply an equal measure of reward and sanctions to deserving and erring staff.

I got my oil changed, got a new air filter and got a list of other things requiring my attention, which I will deal with in the coming days. I enjoyed my time there. Good work.
Cheers!

DAVE5:
Wow.... that’s way out of my budget ohh oga plus the wait time gannnn

I think I’ll just source it in the market boss

Thanks for ur time bro

Piyke:
Reminds me of how I once drove over 500km (gombe to Abuja) in 2010 to meet a Honda Place mechanic on account of a P2646 (was very naive knew nothing about cars). Car was in limp mode but I planned driving slow and steady. I was out of luck with Gombe Kazeems; the most promising one told me "Oga walahi na senso froblem" in the end he blocked inlets to my IACV . After a few days with my car acting like a drunkard, I told Kazeem to reverse his evil engineering. He did.

tolusan:
I'm here! Met Glen.

DAVE5:
07

What’s the price for new and tokunbo so I cld make my decision there

diportivo:
you have a point there,but......



end of story

DAVE5:
Kk, thanks, but u fit help me wit price range for the radiator... lemme just fix it over d weekend

No talk say my wahala plenty ohh abeg

mrcoolautofix:
since you did't see anything wrong with someone leaving his car in the middle of the speed lane, you will face the same situation my prayer is that you should be alive after the incident to live the rest of your life in jail.

AceRoyal:
Highest he'll be charged with is not having a C caution sign in his car. As long as he had his "HAZARD" lights on, he'll go scout free with just a fine.
You on the other hand will be charged with reckless driving amongst other charges that will/might be brought against you by the passengers/Police. Aside jail term and monetary expenses you'll incure, you might lose your license.
You were wrong, for your car to flip over means you were probably doing 100km/h and above, and also driving so close to the car in front of you that it didn't give you adequate response time.
If you take up this case with the other driver, you'll LOSE! Better cut your loses and move on. Or appeal to him for some form of financial assistance based on empathy.

diportivo:
sell the old engine to offset most of the labour charge...ofcos kazeem won't even charge 50k

we have a winner already

tolusan:
I forgot to ask, when do you open?

Mayor555:
Warranty ke? I'm not an Auto tech somebody na... Just a layman passing by, giving a layman's observation over time in his auto endeavors...
Remember I asked if there's something I was not getting right...

thebigkendo:
I think Nigeria temperature/weather fits "certain conditions"

Judging from the instruction on the picture I posted from the workshop manual..

thebigkendo:
What say ye about manufacturer recommendation on 20W-50 for 06 Elentra?? I don't think temperature in part of Nigeria ever gets to negative

Hyundai Motors America

thebigkendo:
Cool but my next oil change is about 3000+miles away
By then RADPrincess will be some months old.

When is maternity leave ending?

thebigkendo:
If you ask me..Yes.. With the right tools/equipment at your disposal..rusted nuts & bults are no biggie

I encounter a lot of them at work.. Do you know 30 years old bolt weh no gree komot

But again... 0.8hrs stated by aunty Radu is for inspection not the getting dirty part

I Pity Oga rewire when he was removing my starter motor, that long bolt with powder!!! Blood flow.. We both swear for Honda that day

GAZZUZZ:
oh ok, sorry just jumped to the first post.