FREE: DotComSecrets Book
The Underground Playbook For Growing Your Company Online

FREE: DotComSecrets Book
The Underground Playbook For Growing Your Company Online

How To Multiply Your Money (2019) – 7 Different Ways

Start a side hustle by Jan Tumbokon

How To Multiply Your MoneyIf you’re tired of living from paycheck to paycheck and looking for some creative ways to multiply your money and retirement account…

Here are some actionable tips and steps to invest your money.

We are talking about the real income-generation secrets of many millionaires around the globe.

1. Invest in Stocks

What is the stock market? To answer this question, let us first understand the meaning of stocks and shares.

When companies are short in cash, one way in which they can raise money is to offer some ownership of their business known as stock to investors.

When investors buy these stocks, they become stockholders of that particular company.

You can make a lot of money out of the stock market, so long as you choose companies that make good profits as opposed to huge losses.

The stock market business may sound like one that requires a lot of money to venture into, but the reality is you do not need so much cash to start.

You can invest in stocks with any amount even $100 and earn great profits.

The best part is, you can sell your shares in the future at a higher price should you want out.

Apple, Facebook, and Starbucks Corporation offer some of the most promising stocks for 2019, according to market experts. You can check them out, should you decide to invest in stocks for a number of years.

2. Real Estate

Real estate is one of the most profitable industries in the world. There are many ways you can make a lot of money in this industry as an investor.

One way in which you can double your money through this kind of investment is to buy land, hold on to it for some time and then resell it later at double the price.

This is because land increases in value over time. Another way in which you can make a lot of money with real estate is to purchase land, build residential property or commercial ones and then sell them at a higher price or rent them out.

You could also buy ready-built properties to rent or resell for a profit.

This business though requires a lot of capital to start. The price of land is always high and so is the cost of building or buying a house for commercial purposes.

With that in mind, if you do not have so much money and therefore cannot afford to buy land and build property, you could as well look for old buildings on sale and transform them to decent structures.

Then you can resell them at double or triple the price or rent them out for a passive income. This is all up to your risk tolerance.

If you are still not confident in the stock trade as an amateur, consider investing in mutual funds.

A mutual fund is a group of investors operating through a fund manager to buy stocks and shares from companies.

3. Review Your Expenditures

Sometimes you can double your money just by reducing your expenses, especially your credit card usage.

Here are some ways in which you are unnecessarily spending too much money, you:

• Buy brand name products when there are plenty of even better cheaper alternatives.
• Pay people for simple tasks you can execute yourself.
• Buy snacks and food on the plain.
• Buy your groceries in small quantities.
• Go out every Friday and Saturday night.

4. Open a Savings Account

According to cnbc.com, a growing percentage of millennials have zero savings.

The majority of people below 30 years old have no savings or an emergency fund.

When you save money in the bank for a short term or long term, that money does not remain fixed in your account.

It earns interest rates per given duration of time. That is a great way to let your money multiply without lifting a finger.

Save your money with a bank that offers better interest rates though, because banks never offer the same interest rates. Also, it would be better if you open a single savings account as opposed to many accounts.

PRO Tip: use the rule of 72…
The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can obtain a rough estimate of how many years it will take for the initial investment to double itself.

The reason why opening many savings accounts as opposed to just one account is that interest rates are primarily based on the amount of money you have in any one particular account.

They are not calculated with the number of accounts you have with that particular bank. In other words, the more you have in a single savings account, the higher the interest rates you will earn.

5. Sublet Your Apartment

This actionable income generation idea does not only apply to homeowners, but it applies to everyone who lives in a house with a spare room, whether as an owner or a tenant.

Yes, you could rent out the house you are occupying as a tenant. It is not illegal. All you have to do is talk to your landlord.

Most landlords will have no problem with that because it does not change anything after all, in terms of their rent.

6. Become a Lender

Instead of to club every Friday and Saturday night, you could do that two Fridays and Saturdays a month. Rather than to buy brand name, you could opt for ordinary products, which in some cases are even better.

When you reduce your expenditure, you will have much spare cash, which you can lend to others for a profit.

There are many platforms that let you lend out your cash safely and get paid back with reasonable interest. These include Upstart, Peerform, Funding Circle and more.

The beauty of these sites is they have put some adequate measures in place to ensure there are no cases of default.

But if you are lending outside of these peer-to-peer platforms, you want to be careful with the people you loan your money to because there is no guarantee that everyone will honor the repayment terms and pay off debt they owe you without any trouble.

7. Take Advantage of Sites that Offer Cash Rewards when Shopping

Did you know that there are several sites that actually pay you to shop?

Yes, there are plenty of them online such as Swagbucks, Ebates, Walmart and Costco.

All these sites have entered into a partnership with Amazon, that will see every user earn some generous cash back on their shopping on everything that they purchase on Amazon.

Shopping on Amazon through any of these sites as opposed to going directly to Amazon.com is a great way to multiply your money!

The secret to earning more money with these sites is to always look out for the hot deals with a cashback offer and a coupon.

Now I’d Like To Hear From You

Chat With Us

There you have it…
As you can see, you do not need to start your journey to financial success with a lot of money.

In fact, out of all the seven tips on how to multiply your money, the only difficult one to accomplish is to invest in real estate…

That could prove a bit challenging to implement for a few of us because it requires a little bit of capital. The rest are very affordable.

What other methods or techniques that you use to increase your net worth?

SiteGround
SiteGround

How To Multiply Your Money (2019) – 7 Different Ways

Start a side hustle by Jan Tumbokon

How To Multiply Your MoneyIf you’re tired of living from paycheck to paycheck and looking for some creative ways to multiply your money and retirement account…

Here are some actionable tips and steps to invest your money.

We are talking about the real income-generation secrets of many millionaires around the globe.

1. Invest in Stocks

What is the stock market? To answer this question, let us first understand the meaning of stocks and shares.

When companies are short in cash, one way in which they can raise money is to offer some ownership of their business known as stock to investors.

When investors buy these stocks, they become stockholders of that particular company.

You can make a lot of money out of the stock market, so long as you choose companies that make good profits as opposed to huge losses.

The stock market business may sound like one that requires a lot of money to venture into, but the reality is you do not need so much cash to start.

You can invest in stocks with any amount even $100 and earn great profits.

The best part is, you can sell your shares in the future at a higher price should you want out.

Apple, Facebook, and Starbucks Corporation offer some of the most promising stocks for 2019, according to market experts. You can check them out, should you decide to invest in stocks for a number of years.

2. Real Estate

Real estate is one of the most profitable industries in the world. There are many ways you can make a lot of money in this industry as an investor.

One way in which you can double your money through this kind of investment is to buy land, hold on to it for some time and then resell it later at double the price.

This is because land increases in value over time. Another way in which you can make a lot of money with real estate is to purchase land, build residential property or commercial ones and then sell them at a higher price or rent them out.

You could also buy ready-built properties to rent or resell for a profit.

This business though requires a lot of capital to start. The price of land is always high and so is the cost of building or buying a house for commercial purposes.

With that in mind, if you do not have so much money and therefore cannot afford to buy land and build property, you could as well look for old buildings on sale and transform them to decent structures.

Then you can resell them at double or triple the price or rent them out for a passive income. This is all up to your risk tolerance.

If you are still not confident in the stock trade as an amateur, consider investing in mutual funds.

A mutual fund is a group of investors operating through a fund manager to buy stocks and shares from companies.

3. Review Your Expenditures

Sometimes you can double your money just by reducing your expenses, especially your credit card usage.

Here are some ways in which you are unnecessarily spending too much money, you:

• Buy brand name products when there are plenty of even better cheaper alternatives.
• Pay people for simple tasks you can execute yourself.
• Buy snacks and food on the plain.
• Buy your groceries in small quantities.
• Go out every Friday and Saturday night.

4. Open a Savings Account

According to cnbc.com, a growing percentage of millennials have zero savings.

The majority of people below 30 years old have no savings or an emergency fund.

When you save money in the bank for a short term or long term, that money does not remain fixed in your account.

It earns interest rates per given duration of time. That is a great way to let your money multiply without lifting a finger.

Save your money with a bank that offers better interest rates though, because banks never offer the same interest rates. Also, it would be better if you open a single savings account as opposed to many accounts.

PRO Tip: use the rule of 72…
The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can obtain a rough estimate of how many years it will take for the initial investment to double itself.

The reason why opening many savings accounts as opposed to just one account is that interest rates are primarily based on the amount of money you have in any one particular account.

They are not calculated with the number of accounts you have with that particular bank. In other words, the more you have in a single savings account, the higher the interest rates you will earn.

5. Sublet Your Apartment

This actionable income generation idea does not only apply to homeowners, but it applies to everyone who lives in a house with a spare room, whether as an owner or a tenant.

Yes, you could rent out the house you are occupying as a tenant. It is not illegal. All you have to do is talk to your landlord.

Most landlords will have no problem with that because it does not change anything after all, in terms of their rent.

6. Become a Lender

Instead of to club every Friday and Saturday night, you could do that two Fridays and Saturdays a month. Rather than to buy brand name, you could opt for ordinary products, which in some cases are even better.

When you reduce your expenditure, you will have much spare cash, which you can lend to others for a profit.

There are many platforms that let you lend out your cash safely and get paid back with reasonable interest. These include Upstart, Peerform, Funding Circle and more.

The beauty of these sites is they have put some adequate measures in place to ensure there are no cases of default.

But if you are lending outside of these peer-to-peer platforms, you want to be careful with the people you loan your money to because there is no guarantee that everyone will honor the repayment terms and pay off debt they owe you without any trouble.

7. Take Advantage of Sites that Offer Cash Rewards when Shopping

Did you know that there are several sites that actually pay you to shop?

Yes, there are plenty of them online such as Swagbucks, Ebates, Walmart and Costco.

All these sites have entered into a partnership with Amazon, that will see every user earn some generous cash back on their shopping on everything that they purchase on Amazon.

Shopping on Amazon through any of these sites as opposed to going directly to Amazon.com is a great way to multiply your money!

The secret to earning more money with these sites is to always look out for the hot deals with a cashback offer and a coupon.

Now I’d Like To Hear From You

Chat With Us

There you have it…
As you can see, you do not need to start your journey to financial success with a lot of money.

In fact, out of all the seven tips on how to multiply your money, the only difficult one to accomplish is to invest in real estate…

That could prove a bit challenging to implement for a few of us because it requires a little bit of capital. The rest are very affordable.

What other methods or techniques that you use to increase your net worth?

SiteGround
SiteGround

FREE: DotComSecrets Book
The Underground Playbook For Growing Your Company Online

How To Multiply Your Money (2019) – 7 Different Ways

Start a side hustle by Jan Tumbokon

How To Multiply Your MoneyIf you’re tired of living from paycheck to paycheck and looking for some creative ways to multiply your money and retirement account…

Here are some actionable tips and steps to invest your money.

We are talking about the real income-generation secrets of many millionaires around the globe.

1. Invest in Stocks

What is the stock market? To answer this question, let us first understand the meaning of stocks and shares.

When companies are short in cash, one way in which they can raise money is to offer some ownership of their business known as stock to investors.

When investors buy these stocks, they become stockholders of that particular company.

You can make a lot of money out of the stock market, so long as you choose companies that make good profits as opposed to huge losses.

The stock market business may sound like one that requires a lot of money to venture into, but the reality is you do not need so much cash to start.

You can invest in stocks with any amount even $100 and earn great profits.

The best part is, you can sell your shares in the future at a higher price should you want out.

Apple, Facebook, and Starbucks Corporation offer some of the most promising stocks for 2019, according to market experts. You can check them out, should you decide to invest in stocks for a number of years.

2. Real Estate

Real estate is one of the most profitable industries in the world. There are many ways you can make a lot of money in this industry as an investor.

One way in which you can double your money through this kind of investment is to buy land, hold on to it for some time and then resell it later at double the price.

This is because land increases in value over time. Another way in which you can make a lot of money with real estate is to purchase land, build residential property or commercial ones and then sell them at a higher price or rent them out.

You could also buy ready-built properties to rent or resell for a profit.

This business though requires a lot of capital to start. The price of land is always high and so is the cost of building or buying a house for commercial purposes.

With that in mind, if you do not have so much money and therefore cannot afford to buy land and build property, you could as well look for old buildings on sale and transform them to decent structures.

Then you can resell them at double or triple the price or rent them out for a passive income. This is all up to your risk tolerance.

If you are still not confident in the stock trade as an amateur, consider investing in mutual funds.

A mutual fund is a group of investors operating through a fund manager to buy stocks and shares from companies.

3. Review Your Expenditures

Sometimes you can double your money just by reducing your expenses, especially your credit card usage.

Here are some ways in which you are unnecessarily spending too much money, you:

• Buy brand name products when there are plenty of even better cheaper alternatives.
• Pay people for simple tasks you can execute yourself.
• Buy snacks and food on the plain.
• Buy your groceries in small quantities.
• Go out every Friday and Saturday night.

4. Open a Savings Account

According to cnbc.com, a growing percentage of millennials have zero savings.

The majority of people below 30 years old have no savings or an emergency fund.

When you save money in the bank for a short term or long term, that money does not remain fixed in your account.

It earns interest rates per given duration of time. That is a great way to let your money multiply without lifting a finger.

Save your money with a bank that offers better interest rates though, because banks never offer the same interest rates. Also, it would be better if you open a single savings account as opposed to many accounts.

PRO Tip: use the rule of 72…
The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can obtain a rough estimate of how many years it will take for the initial investment to double itself.

The reason why opening many savings accounts as opposed to just one account is that interest rates are primarily based on the amount of money you have in any one particular account.

They are not calculated with the number of accounts you have with that particular bank. In other words, the more you have in a single savings account, the higher the interest rates you will earn.

5. Sublet Your Apartment

This actionable income generation idea does not only apply to homeowners, but it applies to everyone who lives in a house with a spare room, whether as an owner or a tenant.

Yes, you could rent out the house you are occupying as a tenant. It is not illegal. All you have to do is talk to your landlord.

Most landlords will have no problem with that because it does not change anything after all, in terms of their rent.

6. Become a Lender

Instead of to club every Friday and Saturday night, you could do that two Fridays and Saturdays a month. Rather than to buy brand name, you could opt for ordinary products, which in some cases are even better.

When you reduce your expenditure, you will have much spare cash, which you can lend to others for a profit.

There are many platforms that let you lend out your cash safely and get paid back with reasonable interest. These include Upstart, Peerform, Funding Circle and more.

The beauty of these sites is they have put some adequate measures in place to ensure there are no cases of default.

But if you are lending outside of these peer-to-peer platforms, you want to be careful with the people you loan your money to because there is no guarantee that everyone will honor the repayment terms and pay off debt they owe you without any trouble.

7. Take Advantage of Sites that Offer Cash Rewards when Shopping

Did you know that there are several sites that actually pay you to shop?

Yes, there are plenty of them online such as Swagbucks, Ebates, Walmart and Costco.

All these sites have entered into a partnership with Amazon, that will see every user earn some generous cash back on their shopping on everything that they purchase on Amazon.

Shopping on Amazon through any of these sites as opposed to going directly to Amazon.com is a great way to multiply your money!

The secret to earning more money with these sites is to always look out for the hot deals with a cashback offer and a coupon.

Now I’d Like To Hear From You

Chat With Us

There you have it…
As you can see, you do not need to start your journey to financial success with a lot of money.

In fact, out of all the seven tips on how to multiply your money, the only difficult one to accomplish is to invest in real estate…

That could prove a bit challenging to implement for a few of us because it requires a little bit of capital. The rest are very affordable.

What other methods or techniques that you use to increase your net worth?