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Money is so important that we almost can not live without it. But how do we make money? Not everybody know how to make money. Most people know to find a job and earn paychecks. But that is not a smart way to make money. None rich people live their lives paycheck by paycheck. Most rich people have their own business.
It's really an art to borrow money. You can make money by borrowing money. How can that happen? The simplest scenario is that you get some loan at 0 APR, maybe for a very short time. You put it in your bank and the bank will pay you some interest. You may argue that you can not borrow a lot of money so you can not make a living by doing that.
If you like to sell products, there are two ways to sell it. You can sell it on auctions like ebay or you can sell it by setting up an online store of your own. There are advantages of both of them.
There was a case here in the UK a over a year ago when fake notes were bought by a holidaymake at a Post Office. But this case of the German bank is worse, interesting that they did not contact the police...
Stocks will bring high redound but at the same time, it will have a high risk of losing value. Selecting what kind of stocks to trade is thus a science and art. There are a lot of people who get rich by stock trading. There are also some people get poor from rich by stock trading.
A German bank has been caught handing out thousands of fake euros to customers.
Police who were alerted to the fact by a customer say they later confiscated 70,000 pounds worth of fake euros from the bank in Cologne, but did not say how the money came to be in the bank's coffers.
An unnamed female customer who was paid 5,000 euros (3,400 pounds) in fake cash from the KoelnBonn savings bank in Cologne's Longerich district was the first to raise the alert.
She said: "The notes were nearly all new. Then I noticed that they all had the same serial number."
The bank admitted it had not contacted the police straight away, claiming it wanted to carry out an internal investigation first.
Sometimes you need to borrow money. Most people in the US have all kinds of loans, car loan, house loan and so on. If you want to run a business, you might also need business loans. It's an art to borrow money smartly.
To make money, everything is sale. You have to sell something to make money. Otherwise you will not get paid. Some people don't like sales because they don't like salesman. But they don't notice that the reason they get their paychecks is they sell their work or labor.
I just feel as the only things i have spent money on is fuel and car and about £100 on various items it seemed pointless having an accountant. Is it possible for the average person to do their own tax return - as I've been led to believe i can but if this is a wrong move then i probably should know now before i try any further?
You are right. But why can't you borrow more money? Borrowing money is an art. If you can borrow 1 billion. You can really make a living by borrowing money then returning it. There are a lot to play with the APR of the loan and mortgage.
Having said that, you must have invoiced your customers and as you'll have a copy from which you can construct from them your likely journeys & mileage. But in any case you should have been claiming mileage whilst using your private vehicle (e.g. 40p per mile). If not, why did your accountant not tell you that, maybe its time to consider a change!
Most people know buying stock or real estate to have their money grows. But especially for stock trading, you have the risk of losing money. Many people lost a lot of money in stock trading.
