Have we perhaps thought about how money works, maybe it has some principles guiding it or perhaps a way to go about how we can make money easily(might not be easy but knowing the principle and how it all works to get it is all I'm after).. Well without much ado, let's get on with my thoughts on this Topic.
So I'm technically someone who believes in principles and rules, and as principles and rules are somewhat applicable to all things in life. It is safe to say that principles and rules are also applicable to Money as it stands. Setting our focus on how money works, we can clearly see that money is abundant in some people's life than the other and if you ask me, it will be due to the fact that people with the abundant money actually know something others don't, probably there is a rule or principle needed to actually get how it all works and make money. ( My thoughts though, not certain!).
There are obviously a lot of rules online for how many works among them which are saving ten percent of your income, investing your money and so on. While all this is quite helpful and interesting to get into, I'll stick with the quote of "money works for money" . What do I mean by this? I will explain.
The quote is mostly connected to the investing principle in this case. When your money works for you! You get to make more money with your initial money without doing any laboured work or the likes. When you invest your money into savings which yields a pretty decent APR just like the juicy HBD savings on Hive. You can calmly sit and watch your money grow and multiply without having to do any external work. In Fact you can leave it without checking it out for years and when you're back you still meet your earnings doubling itself as long as the initial amount is not tampered with.
Looking towards the richest people out there we can deduce that investing is a big part of their success if not all. But all I can say is they actually put in the work before their money started working for them. Money has to be worked for before it works for you. That's a principle I believe in and I guess that's just how it works. Another opinion from y'all is also accepted but I do really think that is partly all there is to how money really works. But who knows, I might be completely wrong as well, so it would be quite nice to hear your opinion on this..
I wish you all a happy new month and I hope Christmas meets us hale and healthy.