Financial Management - MONEY MULTIPLYING | Money Minded.

                                  MONEY MINDED

Money Multiplying: 

Introduction:  

                       Welcome friends!. In this post, you going to learn how to create a second income through which you can multiply your money. You can also get a knowledge about some second income ideas. I ensure this post will  be useful to you.      

what is Money Multiplying? 

                               Money Multiplying means multiplying the income sources through money and generating income in different ways.

                              Money  Multiplying can be done by creating a second income source.

                                "  POOR WORK FOR MONEY

                                   RICH MAKE MONEY TO WORK THEM "

                         In world, man with only one income source suffers financially. To eliminate financial sufferings, you should multiply your income sources.  

Money Multiplying ways:

                       Money  Multiplying can be created from money. The different ways of money multiplying are,

                  *  SAVING SCHEMES.

                  *  DEPOSITS (OR) LENDINGS FOR INTEREST.                           

                  *  SHARE  MARKET.                   

                  * STOCK EXCHANGING.

                  * REAL ESTATE.

                  *  RENTAL INCOME.

                  *  ROYALTY INCOME.        

 1.SAVING SCHEMES:

                       * Saving schemes means to deposit a fixed amount monthly for a period of time. After a period of time, you will get a huge amount of return with saving scheme benefits.

                       * Saving schemes are offered in banks, financial enterprises etc... .

                       * Savings does not need any financial knowledge and saving schemes are a secured once.

             FOR EXAMPLE:

                                  Monthly deposit=5000 and Time period=10

                                 Saving Return = (5000*10)  + (benefit=5000) = 55,000.

SAVING SCHEMES

2. DEPOSIT (or) LENDING MONEY:  

                                     * The Second method of earning money is from interest. 

                                     * In this you can lend your money to your known persons (friends, relatives, neighbours etc.. .) and you can earn as a interest.

                                     * You can also deposit your money in banks and earn a annual interest amount. The two types of deposits are,

                                         * FIXED DEPOSIT

                                         * RECURRING DEPOSIT

                                

DEPOSIT [OR LENDING

3.SHARE MARKET:

                     * The most profitable and risky earing option is Share Market. Share market means buying shares of a company, when the shares are low. And, selling the shares of the company, when shares are high. 

                      * The risk in share market is choosing a correct company.     

                     * The correct company to buy shares can be selected by,
                                1. Companies Future plans.
                                2. Need of their products in future.
                                3. Possibility of the company growth.
                                4. Skill of  the owners and employees

SHARE MARKET

4. GOODS EXCHANGE:

                    * The next  earning  method is  Goods Exchange. 

                    * Goods exchange means buying the products, when the price is low [ High supply, Low demand]. And, selling the products, when the product price is high [ Low supply, High demand].

                    * For Goods exchange earnings, you should analyse  the,

        

                                      * Product Market.

                                      *  Product Supply.

                                      *  Product Demand.

                FOR EXAMPLE : Whole sale market owner of fruits, vegetable, rice, sugar etc... .

GOODS EXCHANGE

5.REAL ESTATE:

                    *  The most profitable income way is Real Estate. The Real Estate method is buying  a huge land and splitting the lands into small parts. Then, selling the small lands with high profits.

                    * The initial amount to start a real estate business is very high. Choose a land which has all necessary facilities like houses, schools, shops, colleges near by.

                    * You can also become a Real Estate broker. In which you no need any initial amount. 

REAL ESTATE

6.RENTAL INCOME:

                     * The easy and non-workable income method is Rental Income. In rental method, you can lend a product to your known persons and get money for lending product.

   

                     * In Rental Income method, you can give house, machines, electronic appliances etc.. for rent. The rent amount can be collected according to hours, days, weeks, months. 

                    * Make sure that your rental charge is lower than 15% of its  original amount to attract more customers.

RENTAL INCOME

7.ROYALTY INCOME: 

                         *  The next income method and one time work method is Royalty Income. Royalty Income means working is once and earning is many times. In Royalty Income, you get certain percentage of income in every of your  product buys.

                            The Royalty Income ways  are,

                                          1. Copyrighted Books

                                          2. Copyrighted Images

                                          3. Copyrighted Movies.

                                          4. Copyrighted logos, slogans etc... .

ROYALTY INCOME

Conclusion:

                    * I hope the money multiplying tips and second income sources will be useful to you. Please read all the post of "Money Management" series for better understandings.

                    * Read all the post of "MONEY MINDED". Follow and Share this post to the people who are interested in starting  a income source.