money making strategies


If it's one thing we all want to learn more about it is the art of money making strategies. Just today I heard about some seminar on building wealth via the rich dad / poor dad mentality is being held in my part of town and it is free to attend. I'm actually thinking about going part for lack of anything else to do and partly because just like you I want to learn more about money making strategies.


But generally all money making strategies fall on the same concept is what I have learned in the books I've read. That concept is understanding the relationship between work, time and money. What you want in life is not really money, it is time. Time to explore, be creative, love, enjoy life. Money is a vehicle to that. So naturally you spend your time on work to earn money but in the process lose time. The thing that I have found out is you can either increase the return on your time (by doing a service, for example, where you charge a higher amount per hour) or by having residual income - money you aren't working for. This can happen if you sell a product or idea and get royalties. Either way the result is the same and of the best money making strategies these are the two that seem to work for everyone.