More money is better than less money, right? That is the conventional wisdom.
A change in attitude is needed. And then work harder than you ever have before
There are a few obvious ways to get more money: 1. Work longer: Work more hours no money but there is a desire how to make money your current job, or get another job and work that, too.
I hate to bring it up, but this is a path that some people take at the cost of their character. Walter White did it. Win the lottery. Sell platelets.
1. Money-making strategy: Drive for Uber or Lyft
They are content with what they have. That contentedness is an economic choice.
- Own less.
- 9 Stress-Reducing Truths About Money
- Embrace the desire to make money - samuray-club.com on startups
- How To Motivate Yourself When The Desire To Be Rich Is Gone
Now, there are some non-obvious ways to make more money. You could realistically do something like become a real estate agent, and potentially make two to four times what you make currently.
But most people do not want to change jobs. They define themselves as a high school teacher.
I help children. It is understood that people in those professions make sacrifices, so a certain amount of prestige comes with the job.
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That prestige is worth something. And you can quantify how much it is worth — simply ask people how much money it would take for them to give up their job and do something a little more distasteful. Start income investing This is a less obvious way to make more money.
- I spend a lot of time responding to comments, so I figure I might as well make some of them into full-fledged posts.
- 32 Proven Ways to Make Money Fast
- How to make money without doing anything - Insider
- The first step in making money: You have to really want it - MarketWatch
- Maybe You Don’t Really Need More Money
You could save up some money, buy a piece of property, and rent it out. If you do it right, you are cash flow-positive.
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You can borrow more money and do it again, and again. Borrowing money is dangerous, but you can make a lot of money doing this if the economy works in your favor. RV parks, dental offices and other businesses also spit out income.
Own less. Live more.
I know plenty of people who make a good living off the income from their investments. I bring up income investing because it is something that most people can do in their spare time, if they are motivated enough to do it. I also include fix-and-flips in this category.
Start a business This is by far the best way to make money. Just about everyone has sat around drinking beer and dreamed up an idea trading options by signals a business.
If you start a business with your own money, and fail, it blows up your personal finances. You could go bankrupt.
But if you want to get really rich, that is pretty much how you have to do it. Because you are actually investing in yourself — and then you are compounding at a very high rate. The reality is that money is a choice.
The original objective was to regularly summarise and comment on the best articles for founders each day, as well as occasionally post our my own thoughts and advice, so that you could read the most useful articles while focusing on building your own startup. As most of the articles in the founders library were selected to be "evergreens", I hope you still find them useful! Running a startup in the UK or with a UK subsidiary?
Someone who wants more money can do any or all of these things. They can work harder or longer, they can get a different job, they can fool around with real estate, or they can start their own business.