Money

India
February 5, 2007 8:48am CST
Either we should work for money or money should work for us
1 response
@sylvrrain (662)
• United States
5 Feb 07
I think it should be both ways at once. Unless someone gives you a bunch of money or totally supports you, you have to work if you want to survive. Once you work for that money, you should take some of it and invest it into bonds, stocks, etc, and let it earn more money for you. Your money will build quicker. The trick is compound interest. Do not spent the interest you earn on your money. Leave it alone and you will earn money on that also, building up a sizable chunk of money that you did not have to work for.