HOW TO MAKE MONEY BEGETS MORE MONEY?

What to do with money from savings or from unexpected work bonuses? Please realize that you make that money out of your sweat. You work hard to earn that money. Your theme song is “you work hard for the money”. You spent extra time to make extra money. Even up to the point of sacrificing time at work which supposed to be family time or time for your own. I doubt maybe your kids someday could no longer recognize you because you are always out of their sight. It seems funny though but, time will tell. Unless you realized that; you instantly become a one-day millionaire. You are on a buying spree. What I mean is; you just don’t care about that money coming out easily from your pocket. Before you knew it; nothing is left for you to save or to spend.

If you work hard for that extra money by putting in more time; nothing will happen significant to you. What if you turn things around? Let’s reverse the situation. Your money now becomes your slave. Well, I suggest that you let that extra money work hard for you. And I would like to emphasize that it is only your money that will be working hard. Let’s attach a little string on that money. Such that, once it will leave your pocket, you could still retrieve it by pulling the string. The good thing is; it attracts its kind upon coming back. Ponder this; you and your extra money working and earning more money for you. Wonderful, isn’t it? Right now; we must have many sources of income in order to survive. We must create a lot of income streams to make ends meet and to be financially free.

How? Invest your money! This is one way of where to put your money to make more money. There are lots of reputable investment houses and/or money managers around. Explore and investigate the world of investments. Educate yourself. Read books on this subject. Ask somebody around knowledgeable on this subject. This is the reason why the rich became richer. This is known as passive income. You are making money even while you are sleeping or playing or while on vacation. That’s the beauty of it. Your job could not do it for you. But thank your job anyway for your extra money. But your job will not make you financially free. Your job will deliver to you that “Just Over Broke” income.

Putting your money in the bank as time deposit is good. But it earns only a little. Through investments, your money is earning more than bank’s time deposit. Your money in the bank is also invested by the bank so that they could pay you the interest in your time deposit. But the bank is earning more than you do.