What is the best way to build up your income?

United States
January 1, 2018 2:22pm CST
I will try this again.. From what I have gathered is investing is the best way to do it. I do not have alot of thoughts with investing. To be honest I am nervous with any option I have researched. I have noticed Bitcoin and other cryptocurrencies have gained popularity. Even fellow friends and family that are not the most knowledgeable in finances are dipping their hands into this. I would like to know where to start. Does anyone know? One thing I did start last month was opening a high yeild savings account. I know that is not necessarily investing but its a start. From what I have read, saving half of your monthly income is a good way to stack up your money fast. Living where I do with an outrageous cost of living that continues to rise, my goal is to save at least a quarter of that this year. What are your thoughts?
2 people like this
3 responses
Judy Story
@jstory07 (139579)
• Roseburg, Oregon
1 Jan 18
Build up your income by finding somethings to do on the computer or have a yard sale.
1 person likes this
Tacia Elise
@taciaelisepeace (1809)
• United States
1 Jan 18
Would you mind elaborating on the things to do on the computer?
2 people like this
Colleen
@cmw4562 (239)
• United States
2 Jan 18
I would be curious on what things to do on the computer as well. Maybe there are some new things we have not heard about.
Tacia Elise
@taciaelisepeace (1809)
• United States
2 Jan 18
@cmw4562 The only things I find repeating is having a killer blog/website/ youtube channel in which you place adds all over. Or offering some unique creative service online, or phone support. I would like to know what else is out there as well!
dpk262006
@dpk262006 (58676)
• Delhi, India
5 Jan 18
It is said - "Money saved is money earned". Therefore, saving is a very good habit and it helps you in the long run.
1 person likes this
dpk262006
@dpk262006 (58676)
• Delhi, India
5 Jan 18
@taciaelisepeace Yes, you are on the right track. You could save money and then invest some of its portion and could enjoy gains in the long run.
1 person likes this
Tacia Elise
@taciaelisepeace (1809)
• United States
5 Jan 18
Oh that is a good way to look at it. I guess I am in the right track then!
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Icydoll
@Icydoll (36717)
• India
1 Jan 18
As your saying about bitcoin .my only advice to you is to stay away from bitcoin investment.its showing many fluctuations.but you can try some bitcoin mining sites and apps.but see payout proof .to check legit sites is very important.
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Tacia Elise
@taciaelisepeace (1809)
• United States
1 Jan 18
I read with the bitcoin mining you have to have special software to process it?
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