How to earn/save the first thousand dollar to fund your investment? (Part 1)

How to save the first thousand dollar for funding your investment? Actually there is a lots method you can do to earn/save your first thousand dollar for investment. 

Let discuss about earning for a thousand dollar :-

1. If you are hardworking type : Working as part time to collect a lat rate of $5.00 per hours, You will need to work for 200 hour (50 day with every 4 hour contribution) then you will get a Thousand bucks.
2. If you are resourceful type : Selling off the item you will not use/ item that you are left forgotten. This method is more effective if you are decisive type of people. How to know that the item is redundant for you. Spotted anything that you did not use in pass one month that is item where you are not needed for your daily essential. Where to places it so the item can be sell to the next owner? you can use Facebook pages or join in the pre-love group to make your thing visible. For us Carousell is one of the best platform to make you thing to be visible. In Malaysia you can consider Lelong website or Mudah.com (But please be careful i do see some cases before there is a crime cases happened during COD please choose somewhere with crowd to do meet up)
3. If you are intellectual type : You can consider to start you Youtube channel or blogging to earn your passive income.

****Last but not least, if someone had own you money : Now is best time to asking the money back from they.

If you are that kind of people willing to make a quantum lead to start saving then here got a few calculation method i would like to recommend to you :-

Saving the money by physically

• If you start saving 1 bucks a day : You need to save for 1000 days
• If you start saving 2 bucks a day : You need to save for 500 days
• If you start saving 5 bucks a day : You need to save for 200 days.
• If you start saving 10 bucks a day : You need to save for 100 days.
• If you start saving 100 bucks a day : You need to save for 10 days (This is a bits difficult to most of people)
• If you start saving 50 bucks a week : You need to save for 140 days 20 weeks.
• If you start saving 100 bucks a week : You need to save for 70 days 10 weeks.

Based on above calculation as long you had very clear target and keep the perseverance you will reach it one day ! For this example, to save a thousand bucks can be achieve within 1000 days with as little a bucks a day. Therefore, having a clear target is the very first step in making investment!

Next blog i will share about a few saving method which you want yo start immediately.

Quote to take away :-

"Keep eye on the goal, Keep moving toward your target" by T. Harv Eker