Wednesday, October 7, 2009

Problem: No Money


It takes money to make money. We've all heard that before. Well, its true and its not.

It does take money to make money, just maybe not YOUR money. You can always take on a partner in exchange for some cash. Ask friends and family for a small donation towards your business fund. Get a loan. Use your credit (be careful here.) Those are a few ways to get some money without having any.

Another myth about the 'takes money to make money' is that it takes a lot. It doesn't. You can start a business for less than $100. Obviously you won't be opening a traditional business with a building, but there are many businesses that do not take a building and not all of those are on the internet.

If you need help getting some money, begin the ages old tradition of the piggy bank. Every single day, empty your change into it. You will be surprised at how fast your change will build up.

Every time I go to the grocery store, I check out the bottom of the receipt. Usually there is a line that tells you how much you saved by shopping there. It will say something like 'Money saved: $13.67' or whatnot. Go home and put that money into the bank as well.

Find money on the ground. I pick up all coins I find on the ground. extra money is extra money!

Begin your business piggy bank today, even if you have some money to begin with, all extra money can do is help you out.

Start where you are

In the beginning you may not have much money to start with. The more you have, the better off you will be, but that's OK, start with what you have.

If you think you have no money, you do.

If you think you have no ideas, you do.

If you think you have no product, you do.

If you think you have no skills, you do.

The trick here is to find out where they are and get to using them! Sounds hard? Not really.

About Us

Welcome to the daily money maker.

This blog is about making money, imagine! The plan is to dedicate this blog to discovering how to build wealth by doing things on a daily basis. This may be adding to savings, finding a deal, trying an experiment, whatever. The idea is that too many people around the world are waiting for something, a large amount in savings, tax refund, divorce settlement, kids to graduate, a rich uncle to die, a job change, a marriage, etc. before they get started in building their wealth.

The truth is, wealth building is not an event that happens on a yearly, monthly, or even weekly basis. It happens based on actions that you take every day. Notice the key word is action not analysis. Analysis is fine, but too many people get stuck there and take no action. They are always getting ready to get ready to get ready. Sounds odd, huh?

Let's get started.