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5 ways to turn money so that the amount increases

CNN Indonesia

There is nothing wrong with having money that is only saved, but money that is only saved will not increase. Its own value is vulnerable to eroded by inflation.

Try to spin the money so that the amount increases, it also does not exclude that you will get more profit.

The circulation of money is understood so that the value of money can increase in number rather than being left alone. So, there will be hope that one day you can be financially independent.

There are various ways to rotate this money. But one thing is certain, the higher the risk, the higher the profit generated.

You just have to choose how to rotate the money as you see fit and according to your wishes.

Reporting from various sources, here are 5 ways to play for money that you need to know and try.

1. Become reseller

Illustration. How to circulate money so that the amount increases, one of which is to become a reseller (Photo: iStockphoto/Tevarak)

If you have a lot of friends and are quite active on social media, then so be it reseller be the most sensible option to choose.

Dealer this means that you will help sell other people’s goods or services. So, you don’t have to worry about producing your goods or services.

Usually the seller will give a special price for the reseller. All you have to do is choose which products are suitable and sell well in your area and are in high demand.

Get to know the products you sell so you can answer consumer questions.

2. Open a shop on line

Compared to opening a shop for free disconnectedopened a shop on line it is actually easier, has lower risk, and the capital you spend is also small.

Also, now that there are many consumers who like to buy goods through Online shop rather than the traditional way.

It’s best not to limit yourself to one platform. If you have enough free time, you can try multiple platforms at once to attract as many consumers as possible. Feel free to give discounts or free shipping.

3. Selling food

The Food Ingredients Asia 2022 exhibition was held again at JIExpo Kemayoran, Jakarta on Thursday, September 8, 2022. This exhibition was attended by 300 leading food ingredients manufacturers from all over the world.  CNN Indonesia/Sapphire MakkiIllustration. Ways to circulate money so that the amount increases, one of which is the sale of food (Photo: CNN Indonesia/Safir Makki)

One business that never seems to lose customers is selling food. The speed of money by selling this food can be said to be very fast.

Even more so if you have a strategic location, for example in a densely populated area. This factor will be very useful.

To make money selling food, you can start by offering it to your neighbors and also profiting from it market available on social media. If you have enough money, you can also look into the restaurant business.

4. Invest in gold

The next way to turn money is to invest in gold. One of the benefits of gold is that its value never goes down, so this gold investment is perfect for you to choose to circulate money.

But what you need to pay attention to is, buy gold as much as possible at a trusted shop, don’t forget to save the purchase certificate again. Avoid buying gold from individuals whose authenticity is not guaranteed.

5. Mutual funds

Investing in mutual funds or what can also be referred to as collective funds can be used as a benchmark for cash in circulation, which has a fairly high success rate.

Aside from that, you can also start investing in these mutual funds with quite small capital, ranging from tens to hundreds of thousands.

Mutual funds are a tool that will manage the capital that you have distributed to various exchanges.

There are different types of mutual funds that you can choose from, namely fixed income, money market, mixed, and also stocks with different levels of risk and return.

These are 5 ways to make money that you can try. Before deciding to choose one, it is better if you analyze the advantages and disadvantages of this method so as not to regret it later.

(ahd/juh)

[Gambas:Video CNN]


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