How to earn money ? how to make money?

-
Everyone wants to earn money as more possible so for this they struggle using his all possible strength but even not everybody get what they want . 
But smart people know how to grow their own money which they are earning i think it will be best if you are able to grow your money without doing additional effort.

what you think am i right ?😇

if i am right read full article CAREFULLY !



LET'S START,

HOW TO MAKE MONEY ?
Method,
1. Saving
2. Investment 
SAVING
SAVING money is the process of parking cash in extremely safe accounts or securities that can be accessed or sold in a very short amount of time 
  • Saving is the portion of income not spent on current expenditures . in other words , it is the money set aside for future use and not spent immediately.
  • It can be short term or long term.
Why it is importent?
  • it helps in emergency.
  • It help to buy importent thing like electronic appliance , car , bike etc.
  • Habbit of saving , save your money from unexpected or unneccessery expanse.
  • It grow your money and give profit.
  • profit can be invested to make extra money.
  • It helps to achieve goal.
Ways to save money
      1.Record your expanses .
      2.Budget for saving
      3.find ways you can cut your spending.
      4.set saving goals like (short term, long term). short term(1-3 yrs) long term(+4 yrs)
      5. Spent based on your priority.
      6. Pick the right tool like (saving account,fd,Rackering,mutual fund etc.)
      7. Watch and analyse your savings income. 

How much money should we save from income?
 1. It differs from person to person,city to village,age of person etc.
 2.It is different for businessmen, or job person who get salary                  and a student from his pocket money.
 3.But some theory is universal which can be followed by everyone they are given below.
      (50/30/20 rule)  this rule will we discuss in next article.
      Save the money based on your priorities and spending goals.
      Don't sacrifice your present life for future goals.  

If you like this article share with your friends and family and support to grow our page like your money😍😎😚
Thank you !
Published by
@soumy sinha 







Comments

Post a Comment

Popular posts from this blog

INTRODUCTION OF DBMS

-
What is Database :- The database is a collection of inter-related data which is used to retrieve, insert and delete the data efficiently. It is also used to organize the data in the form of a table, schema, views, and reports, etc. For example: The college Database organizes the data about the admin, staff, students and faculty etc. Using the database, you can easily retrieve, insert, and delete the information. DBMS (Database Management System):- Database management system is a software which is used to manage the database. For example: MySQL, Oracle, etc are a very popular commercial database which is used in different applications.DBMS provides an interface to perform various operations like database creation, storing data in it, updating data, creating a table in the database and a lot more.It provides protection and security to the database. In the case of multiple users, it also maintains data consistency. DBMS allows users the following tasks:- Data Definition: I
Read more

Introduction of Digital computer

-
Image
INTRODUCTION Digital computer concept:- 1. Digital computers are designed to store, process and communicate information in digital form. 2. Digital computer is any of a class of digital devices capable of solving problems by processing information in discrete form. 3. It is used for processing data represented by discrete, localized physica signals, as the presence or electic current. 4.The main three components of digital computer:- >input:- The user gives a set of input data through input devices. >Processing :- The input data is processed with the help of CPU by well defined and finite sequence of step. >Output : - Some data available from the processing step are output to the user. TYPE OF DIGITAL COMPUTER :- 1.Microcomputer/Desktop computer 2.Minicomputer 3.Mainframe computer 4.Supercomputers Microcomputer :- 1.Microcomputer is also called a personal computer or desktop computer. 2.It includes a microprocessor, memory, and
Read more

DEVELOPED, UNDEVELOPED AND DEVELOPING ECONOMIES || LIST, GDP, UNEMPLOYMENT

-
Image
There are 195 countries in the  world, some are developed countries, some are undeveloped , and some are underdeveloped or developing countries . The distinction between them is a different process but we can differentiate based on conditions like economic growth , GDP, employment rate , population, etc. Let's understand how we can say whether the country is developed. ADVANCE OR DEVELOPED ECONOMIES An advanced or developed economy is one, which carries on production with a large amount of machinery and advanced techniques. An advanced economy employs its human and other resources to the maximum extent possible.  The productive efficiency of a developed economy is of a very high order, and the per capita income is also high. Consequently, people in these countries enjoy high standards of living.  England, the U.S.A, France, west Germany, etc, are advanced economies. These economies are inhabited by over one-fourth of the entire population of the world. ADVANCED ECONOMY Advanced Ec
Read more