Earning Money

Not only are we all about making money, but we’re also about not losing the money that you have since made. There are tons of great ways to make money on this blog so far. If you’re brave, you can follow the things I have taught you and try to go towards the online field. It’s hard, but it’s fun and there is a boat load of money just waiting for you to stake a claim. Or, you can try a lot of the things that Rose has talked about and attempt to make money offline. What ever you do, you’re going to want to actually save the money that you get. Unless, of course, you love to spend it.

Now…This is an almost stupid idea, but a lot of people don’t really understand it because they are such impulsive buyers. That’s cool. At one time, I was an impulsive buyer. Alright, I take that back…I am an impulsive buyer. I buy a lot of Chinese food when I am at my dorm. Anyways! Here’s something that you should consider when you are making money. How can I ensure that I have money when I want to do something big? How can I ensure that I have some cash in case something goes wrong? Being a college student means you need money. Books, tuition, all of that. You need money, too, for a rainy day.

If you take twenty five dollars every single week and put it in either an envelope [like in the mafia] or if you put it in a bank account, you’ll soon find that you are building your saved money. Sure, twenty five dollars is a lot of money, but if you are running two video game tournaments a week, and you’re pulling in one hundred dollars each week, put twenty five aside. Then, when summer starts, you’ll have all this cash in your bank account so you can spend it doing whatever you want. Or, you can save it and continue to build it up.

Here is what I would do though if I was in your shoes. Once the school year was over, I would take all the money that you had already put aside, and then invest it into a CD for six months or maybe a year or two. I would invest it into this because if you do it right, you are bound to start bringing in profit off your money. Sure, you won’t be able to touch it, but at least you’re profiting. Now…That’s just what I would do. No matter what you decide to do, putting twenty five dollars aside each week is a good practice so that you have money for a rainy day. Try it out…It may help you learn to not be such an impulse buyer.

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