In my article “What is Money? Find Out How Money Is Made And How You Can Get It!” I have discussed briefly what is the supply of money which I am further explaining here about its importance.
At our home we all have water, electricity and gas supply connections without which our lives will be completely paralyzed. We need them regularly, daily and consistently as we are all aware that any stoppage of these supplies will definitely give problems in our daily normal lives.
But have you ever thought that at our home we also need a money supply connection which is as important as the water, electricity and gas supply connections.
Irrespective of whether you belong to a rich, poor or a middle class family, the fact is we all need this supply of money.
If you get money once in a while or receive it for one time is not really going to help you as you still need to make sure that you have a proper, smooth and trouble free supply of money at home.
Even if you receive unexpected money once in a while in the form of some kind of profits, capital gains, inheritance or lottery your priority should be to convert this one time gain into a steady supply of money.
This is because we need money to meet our needs, goals and desires and to solve our problems almost daily, regularly and forever.
Think for a moment if your money supply is disrupted or stopped at home. What can happen?
Yes, you will be broke and you will not be able to function in a normal, happy and peaceful way in life.
In financial terms this money supply is nothing else but is known as “Cash Flow”.
How Can You Pay For Your Money Supply Connection at Home!
We all pay our monthly bills in the form of money to keep our water, electricity and gas supply connections running at home smoothly and uninterrupted.
So, how can we pay our bills to keep our money supply connection running at home smoothly and without any interruption.
Well, you can pay your bill for your supply of money by simply going to your office or shop or factory or home office or any other workplace to work and create value either for someone else or for your own self or by running and operating any kind of business.
If you have no money at your disposal or you are just that average person financially then the best way to pay your bill for your money supply is by doing a job or to be in some kind of employment.
If you are experienced, trained, understand business, finance and managing people and have both time and money then the best way to pay your bill for money supply is by designing, creating and building or running your own business.
Even if you presently have a large chunk of money sitting in your bank account then you should invest that money only where there is a guaranteed supply of money for you on a daily, regular and consistent basis.
If you are an actor or a sportsman or any other professional who works and gets a lot of money on a contract then you should always strive to invest that money in a place where there is a guarantee of a steady supply of money for you to use it daily, regularly, consistently and forever.
Types Of Money Supply That You Can Have!
The most common and easy type of money supply that you can have at home is in the form of a salary or a paycheck which is steady, regular and guaranteed as long as you are in any kind of employment.
Any kind of pension is also a form of safe and guaranteed money supply at home.
If you are an investor then the easiest, safe, simple and guaranteed form of the money supply is interest income that you receive through bank deposits.
If you are trained and understand the business then you can have business and sales income as a steady source of the money supply by running and operating your own business.
If you are a writer then you can have royalty income as a nice, safe, and guaranteed money supply at home.
If you already have a lot of money and know and understand how to buy and manage real estate then you can have rental income as a steady and guaranteed source of money supply at home.
If you are planning to invest money then personally I would not recommend you to invest your money in financial markets like stocks, equities, mutual funds, Forex, and other money markets to pay your bill for your source of money supply at home.
They are linked directly to the ups and downs of the markets and so are highly risky and unpredictable to provide you with any stable and reliable supply of money. Even dividends earned in stocks are not guaranteed and fixed and can vary which I feel is not a reliable, dependable, and secured means of generating money supply.
Instead of investing your already earned money in stocks and mutual funds, I advise you to learn and get trained to build a business based upon your knowledge, experience, skills, talents, and passion. This is a far better way to pay your bill for your money supply.
If you are an investor or want to become an investor to pay your bill for your supply of money then always think and calculate like a bank. There is a lot to learn about how banks do business as they never loan out or sell their money to invest in stocks or any business venture which they feel is shady, risky, or feel after due diligence that the returns will not be guaranteed, safe and steady.
Below is a list (although not exhaustive) of some of the most reliable, dependable, and steady types of money supply which you can have :
Salary/Paycheck
Pension
Bank Interest Income
Royalty Income
Well Established Business/Sales Income (Net)
Rental Income (Net)
So I hope you have got an insight on the aspect of money supply and what that means to you in your life.
This particular piece of information will help you to judge and identify further the most suitable, trustworthy, and dependable supply of money that you can have at your home.
If you want more help to create a money supply from your job, career, and business then I highly recommend you to check out the following book and report that is available on Amazon that can show you the path, methods, and techniques for a steady and guaranteed way of money supply at your home.
1. How To Win A Lottery By Just Doing A Job: Win Your Work Lottery
The money supply is extremely important, sensitive, and critical in order for you to live a happy, secure, independent, and stable life forever.
No comments:
Post a Comment
Please do not enter any spam link in the comment box.