this post was submitted on 12 Nov 2023
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New job. Don’t want to waste my money on materialistic things. Need advice on how I can use my money to make more. Thanks

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[–] pixelrow@alien.top 1 points 1 year ago

Purchase a piece of equipment for a business and make monthly payments. You can partner with a person that will operate the equipment and generate revenue. Having a business can offer great tax benefits in addition to the income generated.

[–] MeChandra1983@alien.top 1 points 1 year ago

Start mutual fund or ppf if you wanna hold much longer.

[–] aftercla-ss21st@alien.top 1 points 1 year ago

You can get a coach! Someone that is going to keep you on track. Message me for rates please <3

As some of the comments mention, put it in an account for emergency.

I recommend splitting it into chunks. Have one account that can pay for 3 months of your expenses in case of emergency.

I personally would have my 3 months of expenses set aside. Then I’d have the rest put into a separate account. 40% into a managed fund for dividend yields that can compound over time. 40% I’d manage myself in value investments but this takes time and failure to learn.

The remaining 20% I’d save each month to go towards courses, books, and self development to maximize my return in myself.

[–] munesh372@alien.top 1 points 1 year ago

Just give me those and make money from tik tok Abe enjoy passive income

[–] These_Wolf8992@alien.top 1 points 1 year ago

U can try app called fluxon. U can easy make from 50-300 daily, depends on how much are ur investments. Its risky for like 10days after that ur made ur investment back

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