How to earn money ? how to make money?

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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 







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