Shoot for the stars.
That is a very good question. If there are businesses that give higher returns, why isn’t everyone flocking to buy their stocks, right? That is because, there is such a thing as risks. In the world of investing, there is a common rule that goes by: – low risk gives low returns, – high risk gives high returns. Here’s Why. But note that this relationship … Continue reading Why do people invest in low-returns business?
Returns is the money made or lost on an investment over a period of time. A positive return on investment means you made money from your investment. A negative return on investment means you lost money from your investment. Returns is usually expressed in percentage form If you invested $100 on a lemonade stand and after one month, you receive $120, it means you have … Continue reading What is returns? {with printable}
I’m glad you are asking this question. Kids who ask a lot of questions are smart kids. It means you are thinking. And just by thinking, you’re already ahead of your peers! Because when you ask, you seek answers. When you seek answers, you automatically collect more knowledge. You might have noticed that security guards earn much less than policemen, or that bus drivers earn … Continue reading Why do some jobs pay higher than others?
Are you ready to make some real money? YES!? Do you have a scanner at home? YES!? …. You’re on your way to making money. NO? …. Maybe you can borrow a family’s scanner. So what’s the much anticipated JOB? Digitising Photos! Do you know how many adults (especially your grandparents’ generation) have photos in print form that they want to digitise? Answer: many! Do … Continue reading An easy & unique way for kids to make money!
What a wonderful thing to see you here. You have the first thing that you need, and that is curiosity. And I believe you have the determination as well. That is the most important thing. Never lose determination when you want to achieve something, because without determination, you will give up. You may be too young to be worried about making money, but you’re definitely … Continue reading How not to stay poor?
We have to make choices because of scarcity. Woah. That’s a big word. scarcity. What it actually means is : there’s not enough to go around. First obvious problem is, we do not have enough money to buy everything we want. Thus, we have to make choices. Why do we not have enough money? Because The employer that pays our parents do not have enough … Continue reading Why do we need to make choices?
Being poor can mean different things for different people. The word “poor” is being used rather loosely by people like you and I. But what does it really mean to be poor? According to the World Bank, Being extremely poor is when you live on US$1.90 per day or S$2.70 per day or thereabouts. Being moderately poor is when you live on less than US$3.10 … Continue reading Is it bad to be poor? {with printable}
SIMPLEST REASON FOR A BANK: To safely store our money. But banks cannot be there to just look after our money without making some money for itself. Otherwise, how will the staff get paid? So, banks have a business of their own. How do banks make money? The business of banking is rather complex. I will share with you a very simple business model of … Continue reading How Do Banks Work?
