You Prefer Which Method To Earn Money?
By happylim
@happylim (658)
Malaysia
March 12, 2007 9:34am CST
I was once told by a wise man that there are four method to earn money:-
1)Use our labour or skill to earn money
2)Use our brain or knowledge to earn money
3)Use other people's labour or brain to make money
4)Use money to make money
My friends, you prefer which method to earn money for you?
Please tell us your selection and why?
7 responses
@cheongyc (5072)
• Malaysia
17 Mar 07
Before 20, I prefer to use my labour/skill to earn money. But slowly I learn that it's not secure and not efficient to earn that way. Later I got an idea of starting my own business and start to explore many options. Since then, I found that it require a lot of effort and time too, and some of the business is just way too risky. And by now, at my 30, i would very much prefer to be investor. It will rely on our risk assessment skill and knowledge, to earn money with money.
@happylim (658)
• Malaysia
19 Mar 07
The more profitable way to earn money are more risky. There is why most of the people who always looking for adventure in investment make huge money.
To earn money from money is the best way to make good money. The only thing is that how much capital you can affort to lose and can you undergo the unforeseen risk.
@yourgoogly (1671)
• India
12 Mar 07
I prefer only use knowledge and earn money.
and spend money for knowledge.
@MsRetro (249)
• United States
12 Mar 07
No one should use just one.
Every now and then I like using my labor (and a bit of knowledge), so I work as a stagehand. The pay is good, you see parts of shows for free, but damn it's tiring!
Mostly, I use my brain, especially my creativity. I find that most satisfying.
I've hired people to do work before, usually hiring writers to do articles. This creates way more drama than I like to deal with.
I'm working, little by little, on amassing enough money so that my money makes good money.
The last is the way to real wealth, but it takes a lot of time & good decisions.
@happylim (658)
• Malaysia
16 Mar 07
For people not borned with a silver spoon, usually go through the four stage to earn money.
They start to earn money with their labour or/and brain of knowledge.
Later they can hire workers to help them to earn more money.
Lastly if they have accumulated more money as their capital, they can make use of the money to make money for them.
Wish you can reach the way to real wealth as soon as possible.
@ARIANNELEXI (798)
• Philippines
12 Mar 07
Right now i am using brain and labor for a money. I work hard to earn a leaving. But if given a chance to have money as an investment to make more money, I choose use money to make money. This we can create lots of different businesses. YOu own your time and most of all you are the boss.
@happylim (658)
• Malaysia
16 Mar 07
You are right. Most of the people earn their money through their labour and brain at the begining. If they have earn enough money one day, they can make use of their money to make money.
Wish you to become a boss of money to earn money from money as soon as possible:)!
@executive85 (299)
• India
12 Mar 07
I will only use my brain or knowledge to earn money. Because I think this is the most appropriate way to earn money if we use our labour or skill then we need swet a lot and using other persons labour or brain will not be fair and using of money to make money will involve risk.
@happylim (658)
• Malaysia
16 Mar 07
Only the boss of money can make money from money.
Only the boss of a firm or factory can hire or make use of people to make money for them.
People like you can make money with good knowledge and a good brain if without it they can only earn their money from their labour work.
