Post
Topic
Board Economics
Re: Try to save money while you still can, will you ?
by
Fredomago
on 19/03/2023, 18:05:02 UTC
It is always wise to save money, we need to save while we can because we don't know when we can face an emergency, saving is good but if we save our money we need a lot of time before it will become big savings, i suggest to use the saving if there any, make a small business that don't need a big capital or invest in crypto, etc., There a lot of ways to earn not only saving.

Now it is very difficult to find a business that requires little investment. Most of the market is occupied by monopolies, which simply do not let new players in. And you can't keep money either, because due to inflation, money is constantly depreciating

There are some that require a little investment but obviously, you can't observe huge profits.  If you are really serious about setting up a business with a small investment, you can try to be a street vendor, where you sell street foods or other items that can catch the attention of passer by.  Street food vendors that often stations themselves on the school gates only need a small investment but I heard many are able to save money and improve or upgrade their business.



A good way for stable income, though it's very challenging and you will need to spare more of your time to estbalish your business and for people to get familiar with you, street vendor can be started with small amount of initial capital, there's no actual guarantee that it will click right away but if you manage to find the right product for the right venue, the chance of making good money is very possible to happen.