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how to get a lot of money
#college #graduate-school #finance
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9 answers
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Angelina’s Answer
Good question! There are many ways to make a lot of money and here are some options:
1. Covering your basics (such as reading, writing, and math) will get you a long way. After you know the basics, you can look into options. Join a company that will let you learn different and transferable skill sets and be a master.
2. Market analysis - Understand what professions are in hot demand right now
3. Passive income via hobby/passion - You never know how far this will go
4. Be a trailblazer and look into new products/areas/industries/unregulated space - For example, crypto is new and exploring that can be risky, but high-risk high rewards!
5. Personal finance - Invest your money early! Own equity (start your own company, join a start up and get equity, buy equity). If we look at the richest people, they all own equity!
1. Covering your basics (such as reading, writing, and math) will get you a long way. After you know the basics, you can look into options. Join a company that will let you learn different and transferable skill sets and be a master.
2. Market analysis - Understand what professions are in hot demand right now
3. Passive income via hobby/passion - You never know how far this will go
4. Be a trailblazer and look into new products/areas/industries/unregulated space - For example, crypto is new and exploring that can be risky, but high-risk high rewards!
5. Personal finance - Invest your money early! Own equity (start your own company, join a start up and get equity, buy equity). If we look at the richest people, they all own equity!
Updated
Jorge’s Answer
There is not a magic way to make tons of “Money”, we have few cases of Social Media Influencers or Athletes that have stratospheric income, but those cases are outliers. Another example are the Entrepreneurs that created companies like Apple, Dell, Facebook, Microsoft, Twitter, Tesla and so on; but again, those cases are very strange, they knew how to read the market and had a combination of excellent timing and skills that made that possible.
For all the other cases, that is the majority of all of us; the way you can make a profitably career is hard work and a good preparation, developing soft and hard skills that you need to thrive in the professional world. There are some fields related to Finance, Computer Technology or Engineerings that could have better salaries.
One personal recommendation is that you need to find a career that will fulfill your life, if you only want a lot of money but you do not enjoy the way you are achieving it, maybe it could affect your happiness and mental peace. I wish you all the success for your career.
For all the other cases, that is the majority of all of us; the way you can make a profitably career is hard work and a good preparation, developing soft and hard skills that you need to thrive in the professional world. There are some fields related to Finance, Computer Technology or Engineerings that could have better salaries.
One personal recommendation is that you need to find a career that will fulfill your life, if you only want a lot of money but you do not enjoy the way you are achieving it, maybe it could affect your happiness and mental peace. I wish you all the success for your career.
Updated
George’s Answer
Two different directions for making money...
1.) In the world of work ---- Education and Experience
2.) In the business world ---- offer a Product and/or Service people want or need.
You must bring VALUE to someone else before they will "give" their money to you in exchange.
1.) In the world of work ---- Education and Experience
2.) In the business world ---- offer a Product and/or Service people want or need.
You must bring VALUE to someone else before they will "give" their money to you in exchange.
Updated
Amber’s Answer
They say the best way to make a small fortune is to start with a large fortune...
But seriously,
"A lot of money" is somewhat relative. First, determine what a lot of money means to you.
Determine what sort of lifestyle you want to live, what sort of charitable contributions you want to make, what area you want to leave in, how much you want to save for retirement and based on that determine a minimal amount of money you'd need to make to meet your own unique life goals.
Once you have the minimal amount, look up a site (there are plenty) that give approximate salary ranges for various careers.
Look at the careers that both interest you and meet your goal.
Once you have a career to aim at, search for colleges with majors that support that career.
Study and learn and when you have a job, always do your best!
Good luck :)
But seriously,
"A lot of money" is somewhat relative. First, determine what a lot of money means to you.
Determine what sort of lifestyle you want to live, what sort of charitable contributions you want to make, what area you want to leave in, how much you want to save for retirement and based on that determine a minimal amount of money you'd need to make to meet your own unique life goals.
Once you have the minimal amount, look up a site (there are plenty) that give approximate salary ranges for various careers.
Look at the careers that both interest you and meet your goal.
Once you have a career to aim at, search for colleges with majors that support that career.
Study and learn and when you have a job, always do your best!
Good luck :)
Updated
Andres’s Answer
Find what matches your interests but also what you are really good at. You can engage in a that is very "profitable" but if you are not good/dont like success will be hard to get.
Updated
Matt’s Answer
The most straight forward way to earn a lot of money in 2021 is to be a software engineer. It's not easy but it has a very high starting salary and typically easy to find employment. Once you have the high paying job you can research how to make sound investments to increase your earnings even more.
Updated
john’s Answer
If you're asking in regards to what fields make a lot of money;
Software, medicine, law, finance, etc
Software, medicine, law, finance, etc
Updated
Brad’s Answer
Find something you like to do. Then do some research to see if there are opportunities to either earn money doing that activity or discover opportunities to learn more about how your chosen activity/interest could be turned into a career or money making opportunity. There's a saying "Focus your career on what you like to do and you'll never work a day in your life". While you are still young don't hesitate to take chances while you can still count on family as a safety net. Explore, try, fail and try again.
Updated
Kari’s Answer
Patience - things that take time require patience. It takes a lot of time, hard work and patience to have a lot of money. Saving what you earn is important. The earning potential in your career field is important. Making money for investing is important. Investing wisely is important. Spending money on non-critical items is important. Having an entrepreneurial spirit may serve you well. Be patient, work hard, save much - you'll get there!