How to Play 1 Million Money – Most of us probably already understand and know how to save money. But, we are very difficult to understand how to improve finances.
When we get pocket money, we often use it to meet needs until we forget to save. In fact, you feel that it is not wasteful anymore.
Well, to overcome this, you can indeed save. But, if you're bored, there's another way. Now, you can play your pocket money. What do you mean, min? That is, you can save some of your pocket money in several places you choose.
Not only to save money like saving money, turning money can give you an advantage. To play money, you also don't need a lot of money. You can set aside according to your ability. Remember! You still need to eat snacks and fulfill other needs.
With 1 million, you can already set aside your money to grow with a large nominal. Interesting, yes! It's more interesting if you look at the 8 ways to play money below.
Read also: The way to manage money and grow it: a success!
8 Ways to Keep Your 1 Million Money Rotating
1. Make a sale and purchase of goods from a discount or Garage Sale
You can buy unique and cute items at festivals that hold big discounts. After that, you check the price of the item in the online store. If the price at the festival is much cheaper, Whizmin suggests don't hesitate to buy it.
According to Vayner X CEO Gary Vaynerchuk, opening a business would require extra patience. Because the items you buy at the festival, you have to take care of and repair. After that, you can sell it. Remember! Before selling, think carefully about the right time and place of sale, yes.
2. Build Personal Branding
Becoming one of the entrepreneur or entrepreneur is something to be coveted. Not a few people want to be involved in that. Well, for that, you can build personal branding by becoming a businessman or influencers to make millions.
Usually, when you succeed in building your personal brand, various online offers with quality brands appear for you to promote. For that to happen, you need to introduce and explain in detail your mission to help promote other people's products.
As Torben Platzer said, “People will follow you if they understand what you are going to do. They will also identify and adapt your mission to theirs.”
Well, that way you can really use your personal branding well so that they believe in the mission that you will do for others. If successful, you will benefit greatly from their products.
3. Write Articles, Books, or E-Books
Use your knowledge by writing. You can write articles, books, or e-books. If you write articles, you can set aside and invest the money on a small scale.
If you're writing a book or e-book, try to work with designers from some of the global freelancing platforms. This will make your writing look good and interesting. Then, you can also find trusted people and provide incentives for them to sell your books through affiliate programs.
How? Interesting, huh? It feels like you're doing big business. And of course with that you get used to developing your writing and business skills.
4. Develop Your Talent
Another great way to increase your $1 million is to invest it in self-improvement things. Like in a course or event that can help you improve your skills.
Set aside your money to develop new skills, knowledge, and build strong connections with others. That way, you have nothing to lose. Your pocket money and knowledge will continue to grow.
5. Create a Training Business
After you invest your 1 million dollars and are proficient in several skills, you can open a training, consulting, or even mentoring business in your area of expertise.
This method is quite popular because it is effective, fast, and only requires a small investment because the most important capital is your time.
When you've made enough money, invest the profits into some ads on social media, like Instagram, Facebook, Twitter, and many more.
6. Get into business Resellers
By following business a reseller, you do not need to invest, you know! You can save your 1 million first. Running a business without this capital also does not need to provide stock of goods at home.
With an internet network, handphone and a laptop, you can already be a reseller.
But, what's the job? a reseller that? In carrying out your duties as a reseller, you act as an intermediary. You simply promote the goods you sell from the manufacturer. Then, if there is an order, you can forward it to suppliers. Well, later party suppliers will send the goods to the buyer.
7. Open an Online Business
Opening a business through an online business is also the right way. You can also allocate some of the ways mentioned above to sell and promote them through online stores, you know!
Opening an online business has a wider reach. You can sell your products anywhere and anytime. Your chances of getting a lot of customers are also great.
You can also learn sales strategies through online stores. Don't be afraid to fail. If it fails, look for other solutions until it works. Because opening an online business is not as easy as you think.
8. Invest Whatever You Like
Anything you can invest in. You have to choose how and where to invest well.
There are many ways to make it easier for you to invest. One of them with money management apps. You don't worry! Your investment will be smooth and safe because it can be supervised by parents.
Well, then choose family money management app. Adequate facilities can make it easier for you to invest and even manage your finances.
Read also: Applying Financial Management, What Are the Benefits?
How? Come on, use financial app now. Don't forget to vote money management apps family friendly, yes. Guaranteed you can play your 1 million and manage other finances. Interesting, yes!
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