How to make money? In money as in any other subject worthwhile of study there are the basics.
The basics are the building blocks, the foundational principles.
They are the key concepts without which one might be building on sand rather than rocks.
Those are the changeless principles that pass the test of time and practical experiments.
For us and concerning money, what should we consider first?
Of course the basics in the field.
We must learn those!
“The only things worth learning are the things you learn after you know it all.” - Harry S. Truman (1884-1972), 33rd President of the United States of America.
“You must know the truth and the truth shall set you free”so said The Lord.
One part of the truth lays in the Law of Cause and Effect.
This law states that;
“For every effect there is one or several causes.”
At this point, seems that we must look for the truth about money.
So then what do you know about money?
I know, I know …
… You may say “Money is what you fold in you wallet or your pocket.”
… Or “Money is what you give to the landlord.”
… or “Money is what makes you pay the bills.”…
It’s right …
… But is that really all that money is?
Of course money is what you assume above … but money is more than that.
... I should say money is a lot more than just that!
That is why it is important to know the basics about money.
I can understand that some people will say that they don’t want to know more about money. Those will tend to say: “Just show me the money.”
If you were looking for a get rich quick sort of thing, you are in the wrong place …
... even though the aim of all this is to speed up the process of making money. So this is not a get-rich-quick scheme and it requires some work and patience on your part.
A question though.
If you were to make a plane fly, will you need to know a plane and all the staff around it?
Of course, you will.
So again … What is money?
Remember President Truman's word?
“The only things worth learning are the things you learn after you know it all.” - Harry S. Truman.
What is its origin?
The first coins were manufactured in Asia Minor about 700 B.C.
But archeological findings reported that coins and money were known by ancient actual city of Egypt and Babylonia.
Babylonia or Babylon is supposed to have existed 6,000 years ago.
In his excellent book “What I Didn’t Learn At School But Wish I Had” that you can have as a free download here, author Jamie McIntyre has a whole part of his book entitled “Money is just an idea” deal with money and its origin in history.
What is its use?
Method of payment.
In this light money is seen as a means of payment.
When you buy something you utilize money to pay for it. Or if you owe somebody money then you use money to pay back this person.
How is it made?
Remember the Law of cause and effect?
“For every effect there is one or several causes.”
In some circles people talk about the Law of Sowing and Reaping.
They say;
"What you Sow, you must Reap."
Money is an effect.
In the great scheme of things the money you end up earning is an effect.
For you to be successful with money, you are to consider it as an effect. And indeed it is the effect of what you do day in day out.
Benjamin Franklin gave us the secret to wealth.
He said ;
“The road to wealth lies in augmenting our means or diminishing our wants. Either will do”.
In addition the famous writer and speaker Earl Nightingale said in an excellent audio program;
“The quickest way to wealth is to do both at the same time.”
That is increasing our means while diminishing our wants.
What is or what are the causes of money?
Service or production.
You render great service or produce some thing of quality and other people give you their money because they see your service or your product as some thing that will improve the quality of their life and benefit them.
This is, in a nutshell, how money is made and this is how fortunes are made.
Period.
There is no other worthwhile way!
I must admit that this grand way is simply explained in a little book of the 1910's. You can get this masterpiece as a download here.
In his book “Money, Heart and Mind”, William Bloom states that;
“In essence, wealth is created by any human action which enhances, amplifies or transforms anything into something better or more interesting than it was before.” (Money, Heart and Mind, p.57).
This is one of the definitions I like best because it presupposes that each time you acquire wealth, you gain both the money and happiness because you are bettering the world around you ... and before long your self-worth will skyrocket because each time you make money, you also become a very valuable citizen among your fellow peers.
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