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The most effective methods how to bring in the big bucks
1. The most effective methods how to bring in the big bucks !!!
2.
Method 1Investing
3. 1. Put money in the stock market
Invest money in stocks, bonds, or other vehicles ofinvestment that will give you an annual return. In
such a way you will definitely earn on interest.
4. 2. Invest in real estate
Relatively stable assets like rental properties, or potential development land ina steadily growing area is a good way to build wealth.
Many people, however, have done quite well with real estate and have brought
in the big bucks. Such investments are likely to appreciate in value over time.
5. 3. Don't spend money on stupid stuff
It's hard and painful when the things you spend your personal budget on are financial blackholes. Reevaluate the things you spend money on. Try to figure out whether they are truly
"worth it." Here are some things you probably don't want to spend that much money on if you
plan on becoming rich:
Casinos and lottery tickets. The lucky few make money. The rest of us lose it.
Vices such as cigarettes.
Tanning booths and plastic surgery.
First-class plane tickets.
6.
Method 2Enrichment
through a career
7. 1. Choose the right profession
Look at salary surveys which indicate average annual incomes for specificprofessions. Your odds of getting rich are diminished if you pursue a career in
teaching as opposed to a career in finance.
8. 2.Choose the right location
Go where the good jobs are. If youwant to pursue finance, for
example, there are far greater
opportunities in big cities than in
rural, low-populated areas. If you
want to make it big in the
entertainment industry, go to Kyiv
or Dnipro.
9. 3.Get an entry-level job and work your way up
Play the numbers game. Apply to many places and subject yourselfto lots of interviews. When you get your job, stick with it and get the
experience you need to advance.
10.
Method 3Reducing living
expenses
11.
Method 4Saving money
12. 1. Pay yourself first
1. Pay yourself firstThis means before you go and blow your money on a new pair of shoes
or a golf club you don't need, put money aside in an account that you
don't touch. Do this every time you get paid and watch your account
grow.
13. 2. Make a budget (and stick to it)
Create a monthly budget that covers all of your basic expenses andleaves a little bit of "fun" money aside. Sticking by your budget and
saving at least some money each month is a straightforward path to
wealth.
14. 3. Break up with your credit card
Did you know that people who use credit cards for purchases end upspending more money than people who use cash?
15.
Method 5Going mortgage
free
16. Refinance your home mortgage
Refinance to a lowerrate or to a 15-year loan
instead of a 30-year
loan. This way you only
pay a few extra hundred
dollars per month but
you will save yourself
much more than that in
total interest.
17.
18.
Method 6Following feng shui
tips to attract money