1 of 27

Write now Article Tools

Earning $1000/day is hard, takes a lot of time and is impossible for most of us.

In this article I will mention a lot of ways (Online and Offline to make $1000/day, and hopefully we will all get there one day.

Two fundamental rules of making million dollars or good amount of cash is to:

Saving money aside in a bank account with high interest rate will make your money worth what it really is worth. Let me give you an example: The average rate of inflation is 3%. Which means if you have a thousand dollars next year they will be worth $970. But if you put the same amount of money in a savings account or bank account with high interest rate your money will grow to $1040, assuming the interest rate is 4%. This $1040 is only worth $1010 due to the inflation. Now you see that saving money and putting it into a bank makes sense.

Many people don't realize that they are losing money by not spending it and keeping it at home or in a piggy bank. Now of course I used only a $1000 example so most people could understand the concept of inflation and realize that any spare cash at home is losing its value without even being spent.

Investing money: Now of course you aren't going to make millions by putting it in bank then why not do something with a portion of your money? That is where the concept of investing comes in. 30% of millionaires in North America earned 26% of their wealth in stocks, mutual funds etc.

By not spending you are decreasing the value of your money. It is always better to either put it in a fixed deposit account or invest it.

Making money online without investing

Online might be one of the only places where you don't have to invest a single penny or cent to make profit of thousands of dollars. This is due to the increase in the amount of people that visit the internet everyday. Now days all developed countries offer dial-up to hi-speed internet services. Now this trend has been followed by developing countries and most developing countries offer internet and lots of people get attracted.

One of the most visited sites includes google, and to create a successful business online it is almost inevitable that one needs a good search rank on google. High google rank= High traffic= High profit.

One of the ways to create a business online is to create a simple blog on blogger.com and put informative content on it and write about something you will never be bored of writing about, and never run of ideas. Blog will not make you millions or even thousands but it is something

• 1
• 2
• 3
• next page >>

Add your voice

Know something about Earn $1000 in a day?
We want to hear your view. Write now!