How to make money for your servant
Money is the best servant and the worst master. There is nothing more true than the previous statement. Money can be a servant to Mr. A and a master to Mr. B; it all depends on how we handle it and the perspective from which we see it. Money is meant to be controlled and used wisely. Many times, I find that it is the poor who generally make money their master because it is a little scarce among them. The scope of this article is basically on how to make money from your servant; Here’s how to make money work for you even when you’re asleep. First, I will give you some basic steps to create this money:
o Look for a need to satisfy; create value that people will be willing to pay for.
o Put yourself in the position to meet the need
o Innovate ways to meet the need
With the aforementioned steps, money will always flow your way because wealth always flows in the direction of value. It is after this that we can begin to think about how to make the money that we receive as payment or reward for the value that we are creating. You may be wondering, how does money really work for someone? The answer is not far-fetched; money works for you when you don’t have to be physically present in a place before making money or receiving a payment. For example, I don’t have to be in the stock market when my dividends are paid. The basic way to make money work for you is through investing. The money invested will always work for you now and in the future. There are several things you could invest your money in, for example:
o Actions
o Bonds
o Treasury bills
o Small businesses
o Real estate or real estate market
o Metals such as gold, silver, etc.
o Crude oil
o Forex Market
o Grains
o And many others
When you invest, your money represents you and you don’t have to be physically present to do the business you’ve invested in, but you get returns based on regularly agreed terms. It’s advisable; you invest if you want to have great financial freedom. Making money work for you is like saving for a rainy day. Everyone will definitely come to a point in the future where they are not physically strong to work for someone or themselves due to old age. In such periods, the main survival tool to stay alive would be the money that you have set aside to work for yourself long before.
I highly encourage you to start thinking about making money work for you and, in case you’re still thinking about “if to do it” or “if not to start”, here are some reasons why you should start now. Putting your money to work for you helps you:
o Prepare for retirement
o Put an inheritance in its place for your children’s children
o Supporting yourself when you are too sick or too old to go to work
or do good without bitterness
o Be financially free
o Live beyond your salary and business earnings
The mindset that you have money somewhere working for you even frees you from some ties and gives you options at all times. In short, I said: create value to get money and invest the money you get.