Thursday, May 22, 2008

Let's Talk About Earning Money $_$

Yosh!

Before I post entries regarding products, services or what not, why not first I talk about earning money.

Without money we can't really buy anything. Money is not everything but nowadays everything need money. Basically money give us more options. In example, people who don't have money, if they need go to one place, they will go there by walking or cycling, but if they have money, they can go there by buy bus or cab.

I have few experience regarding to getting money into my pocket. At one time, I earned more than RM 2000 in a month and I'm just a law student. I will share my experience later in other entry.

Basically there are 2 types of income, active and passive. Active income is when you work and you earn for it. In example, you go to office and work from 8 a.m. to 4 p.m., 5 days a week and earn few hundreds in a month. That is active income - you need to use your energy and time to earn for it.

Another one is passive income. In example, you own a house, you rent it out. At the end of the month, your tenant pay you money. You don't work, but you earn money. This type of income use less energy and time to earn it. Investing is also another type of passive income.

What ever which type of income you have, the sweetest time is when you the money is in your pocket and you can do anything with that. You can spend it for fun or you can invest it for more money! $_$

That's all for today. Next entry I'm going to share with you guys my experience earning money. Be patient, because if I put everything in one entry, then tomorrow I won't have much thing to write ;)

Thank you for visiting $_$

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