Author Topic: Ways You've Made Money.  (Read 2606 times)

because no savings account anywhere can earn off the interest.
or even keep up with inflation, so your money is losing value anyways just sitting there.

investing is what should be done.

because no savings account anywhere can earn off the interest.
or even keep up with inflation, so your money is losing value anyways just sitting there.

investing is what should be done.

I find that more to do with having company shares.

If they reduce in value, like they have done in the recession then you've lost big monies.

I work at an Internet Cafe.

money can be made off investing regardless of how a company does or how the economy is.
savings accounts are for idiots. you are basically giving a bank money for nothing. and allowing them to instead invest with it while you dont get any profits.
dont be a tool.

money can be made off investing regardless of how a company does or how the economy is.
savings accounts are for idiots. you are basically giving a bank money for nothing. and allowing them to instead invest with it while you dont get any profits.
dont be a tool.

Bank interest is good when you have a lot of money because you could (this is rare but it happens) live off interest.


Getting a job. stealing it

Selling legos
Nerf guns are next
Asking my grandpa for coins
Got $70 from my neighbor
$50 from my aunt today for watching her dog
$60 + from helping my grandpa

Bank interest is good when you have a lot of money because you could (this is rare but it happens) live off interest.
The more money you have, the less interest you get.

"good" bank interest rates would be like 5% yearly

$100 a paycheck saved would add up roughly $2,600.00 a year.
after 40 years you could FINALLY hit your 100k base amount. (only slightly sooner thx to the awesome interest helping out) then we can start to see how we live off it...

wow. 5k a year profit.
well i am wrong. you CAN keep up with inflation. but you earned NOTHING.
and you certainly cannot live off that

another 40 years later, still not enough a year to live on.

a penny saved is a penny wasted


the fact is;
money helps you earn money.
if you are saving it, its not earning. and you are failing
« Last Edit: July 01, 2011, 04:27:09 PM by Bisjac »

When I get a job and start earning money for college, I'm going to call up Bisjac and ask him to invest it for me.

"good" bank interest rates would be like 5% yearly

$100 a paycheck saved would add up roughly $2,600.00 a year.
after 40 years you could FINALLY hit your 100k base amount. (only slightly sooner thx to the awesome interest helping out) then we can start to see how we live off it...

wow. 5k a year profit.
well i am wrong. you CAN keep up with inflation. but you earned NOTHING.
and you certainly cannot live off that

another 40 years later, still not enough a year to live on.

a penny saved is a penny wasted


the fact is;
money helps you earn money.
if you are saving it, its not earning. and you are failing

That's why its rare because you have to have a serious amount of money to start off with. In most cases I would assume their would be some sort of banking package that allows you unlock extra interest. I don't know enough on interest rates with banks but all I know is it's possible (depending on what country of course).

I feel like I'm too young to actually be correct on this subject.

Ways I've made money? I have a machine in my garage.

I:

Mow lawns
Try to get a part time job, too bad parents divorce forgets every opportunity I get :c
Do wash ($20 a week, forget yeah)
Gonna have a garage sale, will sell a stuffload of books and other crap.
Gonna babysit(?)

the fact is;
money helps you earn money.
if you are saving it, its not earning. and you are failing
I hope people quote you on this, people really need to know this.