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Savings

Projects, business ventures, proud work and accomplished showcases! :)

(was changed from 'business marketing', as this title didn't cover the full aspect)

Savings

Postby Hipkiss on Fri Dec 28, 2007 8:33 pm

Isn't saving money also the key to making money?

The more you save, the more money you'll have to invest in your future.

The more money you'll have for your future, the better you'll be; of course, at some point in the future.

You'll never be rich right this moment unless you win something big like a lottery, so save your money now for your future investment to come. Then, someday you'll be rich.

God bless you.
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Postby samuelrj on Fri Dec 28, 2007 8:40 pm

never thought of it that way. ill start saving my money. thanx

Flying Spaghetti Monster Bless You
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Haha. :D

Postby envisageworks on Fri Dec 28, 2007 8:59 pm

NOOOOO!!!!! Saving your money is awful. No offence, and by no means am I telling you to not save your money, but INVSTING is the action that separates the wealthy from the rich. Invest. Invest in a hobby that gets you money, (video making, reffing, playing some sort of instrument), then use the money you make souly for that hobby again. Dont bye toys or gadgets for "fun". I love you all!!!

$$$$$$$$$$$$$$$$$$$$$ moneeeeyyyyyyya!
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Postby VIP on Sat Dec 29, 2007 9:47 pm

Yes I agree, spending money is a bad thing to do if you want to make money, generally speaking of course, first rule of good business but what Connor is saying also holds true. Put your money in assets, don't buy something unless it will make more money than you paid for it. Don't buy a car unless the increased range provides you with a larger market and more customers. Same goes for cell phones, computers, nice clothes etc. When you spend on assets you are not really spending money you are making money. Client relations can even be regarded as asset because it prevents you from losing money in the future (investment). Spending money on learning how to make videos (Connor) is an investment that should pay itself off in the future. Investments with greater risk have greater return per dollar, the lottery has extremely high risk but has a huge return rate. U.S. savings bonds have a very small risk but a rather low return rate. Low risk investment has low return and acts more like an asset (Connors video company, aka education). High risk investments have greater return and act more like a gamble (the lottery). The stock market sits somewhere between those two.

Thanks for reading this if you did, I tried to keep it short and concise. :D
Last edited by VIP on Sun Dec 30, 2007 6:24 pm, edited 1 time in total.
Those who believe it can't be done should not hinder the person doing it.
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investments... :D

Postby envisageworks on Sun Dec 30, 2007 4:36 pm

:D Yes, very true. However, technology isn't giong to gain value unless you use it. It drops in value every day, same with cloths. A car is a horrible investment as well, unless you are a collector. Once it is driven off the lot, it looses 30% of its value. Guh. :D
Last edited by envisageworks on Wed Jan 02, 2008 11:48 am, edited 1 time in total.
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Postby VIP on Sun Dec 30, 2007 6:37 pm

No I believe I am right. I used than as a comparative.

don't buy something unless it will make more money than you paid for it.

You are thinking about then as in a procedure or story, order of events so to speak.

Then you should turn right at the big oak,
Then I turned right at the big oak.

If that was the than you were talking about that is. :D
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Postby envisageworks on Tue Jan 22, 2008 7:18 pm

Yes. :D You are right about THAN.

You have prooven yourself very smart on the rest of the forum, and I have prooven myself very bad with the english language!

Continue on like this never happened as I go think about not making my mistake again! :D
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Postby VIP on Tue Jan 22, 2008 7:53 pm

Can do skipper :D
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