WAYS TO GROW MONEY

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“Success doesn’t come to

you... You go to it”.

-Marva Collins

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Book title:

GROWING MONEY By TRAVIS.S

Page 2 WAYS TO GROW MONEY

Four friends named; Jennifer, Rachel, Allison, and Matthew had a bril-

liant idea to open a business. They just got out of collage, and they want-

ed to open a restaurant. They decided that “Party Time Pizza Place”

would be a good name for their restaurant. The location they deposited

was for a months rent for a space in a mall. After crunching the numbers

for all the Expenses for the restaurant, the total cost was $20,000. To avoid

interest from the bank, or borrowing money from

friends, they decided to sell stocks to investors

and shareholders instead. Because they don't

have a big company, they wont need dividends.

That was able to give them the money they need-

ed. The next final step was to set up advertising

to hire employees. That was just enough to get

them started at Party Time Pizza Place to start

making profit.

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Page 3

Know

- I know how to make money

through selling English Muffins

with my brother.

- You have to spend money to

make money.

- you have to save money over

Want to Know

- How do I invest money?

- What kinds of things would be

good to make money?

- Where is the best place to keep

money?

Interesting facts

-Banks make money by charging interest for loans so the bank can stay in business.

- Stocks or Bonds can only be bought if you are 18 or older.

- Stocks are sold to help receive money, without needing to pay back for interest. This is done by selling a percentage of the company to peo-

ple.

- A stock can actually be sold twice! If someone buys a stock, they can sell in again to another buyer for a higher price.

- Don’t keep money in your pocket. If you do, you will end up spending it instead of saving.

- Money should be invested, because over time that money will literally grow and increase.

- Most common way to invest is trough savings accounts, because there is no risk involved. With high risk investments, you can end up loosing

money due to Inflation. The reason people invest in high risk is because they can make more money.

- The safest bonds are Treasury bonds because they are hosted by the U.S government

- To borrow huge amounts of money, you might need to find more than one bond from different places.

- A lot of people don’t know that ATM stands for: Automatic Teller Machine

- Ponzi Schemes are illegal

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Success is NOT just about money, or any type of

wealth. Money is like a kind trophy for having

achieved a goal, or the chary on top. Success is you

achieving your goal. How does one achieve success?

The only advice I could give you is set yourself a goal,

then go for it. Adolf Hitler did not have good goals…

but he did accomplish his goal. And in his perspec-

tive, that’s success. I personally, don't have much ex-

perience with success yet, but I do have some advice.

That advice is, do it now, thank yourself latter. What-

ever your goal is, it all starts from square one.

Success

Bias Article

The book I used to create this magazine defi-nitely has a bias view to it. The book is biased toward the U.S government. I know this be-cause I found more positive words than nega-tive words talking about the U.S government. That suggests that the author is bias towards the U.S government. Because the book is all about how to grow money, it is easy for the book to have a bias opinion about the U.S government, or any government for that mat-ter. It suggested numerous times to use US savings accounts, and US banks for investing, etcetera. I am not saying that the bias opin-ion is bad though. This is because the opinion is not really harming anyone. Not all bias opin-ions are bad, and in this example it is not an aggressive opinion at all, but it is bias.

Glossary Bonds: A way for governments or companies to borrow money.

Dividend: A portion of the companies profits that are distributed to shareholders .

Expenses: Things companies need to pay for the get revenue.

Inflation: When the general price cost of everything increases

Income Stock: A stock offering dividends that are higher than average.

Interest: Fee paid for the use of borrowed money.

Ponzi Scheme: An illegal scheme that makes people think they are earning money.

Profit: The money earned

Shareholder: A person who owns stocks

Stock: An investment that represents a share of the corporation

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