Now You Have to Put it All Back

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Of course, an in between post regarding my wife and I's excursion to Paducah is going to be something about money, because now I have to put it all back. But writing about this is also but yet another opportunity to speak about earning money in a different way than most people think about it. Does that make it a teachable moment? Hell if I know. But I am going to talk about it anyway. But of course I am. You see, most people think of earning money in terms of a few things. Part time jobs, selling stuff like crafts on eBay, doing surveys, having a garage sale, working extra hours at work and stuff like that. Which is all fine, of course. Nothing wrong with any of that stuff. I always think of earning money in terms of earning money from money I already essentially have. In other words, don't use MY money. Use other people's money. This is something I talk about all the time. It is not a direct thing. But rather an indirect one, but the idea is still the same. Your MONEY makes money, so if you want to make more money, find a way to grow it... Essentially with other people's money. I can sell a covered call options contract, for example, on underlying shares of stock I own and set it up in a way that I collect a premium but don't have to actually sell any of my shares. I can buy more shares of stock in a company to increase my dividends to the desired level. For this trip the wife and I pulled $1,000. All I need to do to put it all back is to try to figure out where the money we already have can supply the funds we took and replace them. Easy peasy lemon squeezy. Well, not entirely. But that's the gist of it anyway. That way, no matter how much we spend for fun, we are never really spending anything at all, and rather than deplete the funds... We expand them. In a very odd and funny way, when you do it this way, the more you spend...the more you have. So, how is other people's money? Well, dividends come from what other people spend when they buy a company's stuff. And premiums from covered call options contracts are paid by other investors who want my shares. It's their money. I am just finding a creative way to get it into my pocket from theirs. That's really all it is. This is not technically a third Paducah part, but why not share a Paducah picture anyway. This is the open faced meatloaf sandwich my wife had at The Freight House.