Making money is when a person converts value into money. Given that money is a social resource, then making money means converting more value to that social resource, meaning more money. On the contrary, when you spend money, you convert money to value.
There are numerous ways in to how to make money. One is to sell items like manufactured products, unwanted furniture, trash, used clothes. Whenever you sell something in exchange for money, then you are making money. Other options are; to buy goods from a supplier and sell them for a profit, as what convenience store owners do. Companies dig up resources all over the planet and sell them for a profit. Goods can be anything under the sun like objects, stocks, or bonds. To make these goods more attractive to buyers, some sellers attach a value or service to the goods being sold.
Getting a job is probably the most common way of making money. You get a job; you get paid for the hours and effort you put in for your employer. The greater your ability to personally deliver a high social value, the greater your earning potential becomes. This means that if a Corporate President earns 500000 pesos, a company driver makes only 8000pesos because the corporate president has more social value. This difference is not anyone's "fault" - the discrepancy is due to the social value of certain jobs. Note the difference between absolute value and social value. Top athletes may not perform useful work in an absolute sense, but their compensation is based on the social value of their service, which is
Sunday, March 29, 2009
Cash Earning Strategies
by:
yestom
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label: Retirement Planning
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