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How do you earn money?


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Answered 2012-05-16 12:31:22
  • You can earn money by working or making investments with money.
  • Earning money is by using your services or financial funds as your investment or capital. Investment can make your money increase by earning interest. It is known as the asset side of balance sheet while the capital can be found in the liability side of balance sheet.
  • You can earn money at an instant through luck in lottery or gambling but your chance of losing your bet (money) is very high.
  • You can earn money by working in a company like offering your professional services with a fixed income and might be having incentive as bonus under the employer's discretion.
  • You could possibly earn unlimited income by going into business but of course you need to have capital for it. If you do not have sufficient fund to run for your own business you can offer your services to others first and save money for your future plans.
  • You can earn money as well by tightening your existing budget. It is wise if you have mathematical computation to save money by deducting your savings first from your income and then take the difference as for your daily expenditures.
  • Since the question is broad, you can earn money from the following as well: 1. Begging, 2. Donations, 3. Remittances, 4. Following your passion and think about how to convert your expertise into money, etc.
  • You can also fish, mine, etc., or live off the land.
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