Saving Money Idea#1

Alright so making money is important, but saving it also as important. You might not think about this very much, but im sure you know the expression" A penny saved is a penny earned".

So let's say you need to buy school supplies.You wait abit longer until sotres are having their back to school sales on items.So you'll save maybe 5-10$ on books, pencils,paper etc...

Now let's say you had a job , pays around 8-10$(wich is what most teengaers make). would you like to buy those materials and work for them , or not work that extra hour after having saved.

This was only a mentor you should keep in your head to save.

Now let's get to my idea.

In one easy sentence: When you see the " on special" sign on the item, take it!( If you need it)
So:

Let's say your starting a gumball machine business:

You save 30$ on a gum machine you got for a good price. You saved 30 cents on a pack of gums.

8 packs for 1 gumball refill= 8x.30= 2.4 $

With that go buy yourself 2 other gumball packs for next time. Do this Another 4 times and you get a more then free refill.

Want to make money fast while your sleeping?

So your a teenager, your parents might not want you to get a job because your to young or your to young to even have a job. Wouldn't you like to be making money, without working at all!? Too good to be true huh? You'll see how simple this is after reading what I've got for you!

ALSO: Refer yourself to other sites, get to know the value of money and get more ideas on how to make it!

Saving Your Money

Now of course we all know the little ovbious tricks like, stock up when on special and using coupons when doing grocery's , but how to save for bigger things?

One of the most efficient ways you might not know to save money is through internet. Look at ebay, gumballs machines are at 200$-300$ , on ebay, ok the stuff is used but were talking about a gumball machine, they sell for 40$. Want to know y ?When you have multiple PEOPLE trying to seel the same thing, everybody sells lower so visitors will buy their product.

eg :
2 people are selling a tv
1st person : 40$
2nd person:39$

the 1st person see that the 2nd person will probably sell his tv first because his price is lower, so 1st person sells his price lower then the 2nd person.

Now we have
1st person: 38$
2nd person:39$

But now the 2nd persons see's the 1st person is probably going to sell his product first because he lowered his price to be lower than 39$, so the 2nd person reduces his price

And it continues until the price is so low they don't care what how low other people are selling the exact same product for less or for more.

This article isn't finished yet, I plan to make this the biggest article in my site.

WARNING: Only trust ebay or sites that just give u the email of the person and phone number but that don't let you trade online. The only trustable site to trade online is ebay!!!

Getting employees

Now getting employees and getting people to want your services is the hardest part of starting your own business.This section is on how to get employees and good ones.Here are 2 ways of getting some workers:

- Through friends or family:
Your parents or some young cousins of yours might know people looking for work

-Through School:
Now this is where your probably going to get most of your employees. Ever hear your friends say they wish they had a job to afford this and that?Well thyen your offering them exactly what they want!

Now to pick them:

- Set up an interview
- Maker sure they are younger then you
- Not to assertive
- Speaks Multiple Languages
- Make a contract to maker sure you get a cut of their pay make your clients give you the money at the end of the day , then you take out 10% and then give them the rest, this way you get the 10% for sure and without problems and they still get their pay.
.......Not exactly your best candidate

$$$$Money Making idea

GOOGLE ADSENSE.You might think all these ideas are great, but your too lazy and you wanna stay home, fine no problem, how about you make some money while your at it?

This idea really works well if your on the computer alot. Google Adsense is a program that could make you a couple of bucks.

How it Works:
The top if this article explains what adsense is , the bottom is tips to earn traffic and make more money!


Basicily their paying you to put their ads on your site. Too good to be true? Well a little, you only get money if people click on your ads, so not only do you need traffic on your site but people need to click on the add, yes i said click , they don't even need to buy the product!

Infact im using it myself! See at the top? You'll see ads by goooogle , if you clicked on the links I get paid for it, and the money wouldn't be deducted out of you to me(google pays). Then there's the google download, i get paid 1$ if you would download that. So start creating your site!

IMPORTANT:

Google should not be used as a program to make money, don't just pick any topic that you don't know about, write about something you a familiar with, then when you have a more then enough well written and spellchecked website then i would suggest bringing in google adsense. Its no scam i've tried it myself!

Tips:

Also go to statcounter.com and copy and past their code to your website, it tells you how many people have visited your site, it shows you their ip adress, website url, wich country your visitor lives in , what kind of computer he's/she's using...etc

Also use words in your site that people often look up on google, by the way start with blogger, fast and is owned by google!

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Adsense tips:

The 3 most important things are

1.Traffic

2. Good Ad placement

3.Respecting the regulations of adsense

4.Usefull Tools

1. Traffic

Traffic is very hard to obtain, although it will grow very slightly each day , it is of course better if grows FAST.

a) The best way I find to obtain traffic is by being in google's search engine. When people do their search, let's say your site is on printers , someone types in printer help, and in your website you have the sentence printer help then it will be listed. Smaller sites like mine aren't listed in msn , yahoo, google etc..Now to do this , it is better for other sites who are in the list to have your link, the google bots that go around the sites already in the search engine might find the link, go to your page and you might and might be accepted into their search engine.

I'd like to post my site on forums so that people that go will click on it, and google , msn and yahoo bots will probably also see my url.(I haven't started doing this yet , I prefer to start with a good webpage or people will post that my site is not worth visiting and nobody from the post will click on the url)

b)Blogger, wich im using now, has its own search engine just for blogger sites, this way you'll still get traffic even if your not on google , msn , yahoo etc...

2. Good Ad Placement

Good Ad placement is also very crucial to making money. What you should do ( that I can't figure out how to do using blogger) is put in your content.

eg:

.....and that is y i think this hp scanner/printer is the better deal. For more information on printers and good deals , I would visit other sites and learn more about the hewlett packard deskjet 695c

Ads By Gooooogle Printers Buy Printers Buy a scanner Save Money On Printers

End of example

They will probably click on them after being told to visit other sites for information. But of course this is illegal, i didn't say " for moe information you should click the links below". I said to go visit links, i never said visit my links. Pretty good huh?

3. Respecting Regulations Of Adsense

Of course telling people to click on the ads you have on top of your site is very stupid and will easily and quickly rid you of your adsense account.Also if you have ads in your site , there has to be good content, a site with nothing but ads is also going to rid you of your adsense account

For a detailed explantion go to

https://www.google.com/adsense/localized-terms?hl=en_US

4. Usefull Tools

Counter:

See at the bottom of my page it says page views? Thats how many time my site has been viewed. That's a counter, it tells me the ip of who visited me, their country, their type of computer, their screen resolution,their internet service provider and visit length, pretty god huh?

Ads:

I suggest only getting one refferal, goolge search bar and google ad links

If I found out more I'll post it right away!

$$$Making Money Idea [ Thinking Big ]

Great so you don't need employees just to pick up money quick quick at a machine to collect the money from gumballs, youve got a good couple of machines... now what?

Buy wayyy more gumball machines! STOCK UP WHEN GUMBALLS ARE ON SPECIAL, even get a couple of six pack machines where you could put a variety of candy such as peanuts, gumballs, jelly beans, fruit candy, big gumballs etc...

So:
1 pack of gum on special = 80 cents = 20 gumballs per pack
56 gumball packs fills up 21 machines.
25 cents = 1 gumball
80/20 = 4 cents= 1 gumball
25-4= 21cents profit per gumbal
56 x 20 = 1120 gumballs in all
0.21 x 1120 = 235.2 per 1-2 weeks

Always feel free to buy more machines, a business doesn't have limits!

$$Making Money Idea [ Thinking Big ]

So you've got employees making your candles, you already have candle molds and yur making profit. Now what?

Thinking Big means getting big, wich is exactly what you should do , hire abit more employees since candles are made faster then most things , buy more candle molds, and stok up as MUCH AS YOU CAN WHEN INGREDIENTS ARE ON SPECIAL. Get out the yellow pages and start phoning restaurants, tell them your already making business with several other restaurants to gain their confidence.

(Coming up with the math soon)

Understand Passive Income

This is a very important section. Now you will realize that as your plans get bigger you will make more money sitting on your butt than when you actually go work. This is the new way of making money, probably even the better way. As you get older you choices will become bigger and better such as buying rental property and restaurants.

Before spending your money , y not buy something that will make you more money , then with the extra money you've made go play or buy whatever you wanted.

$Money Making Idea [ Thinking Big]

So you've got a couple of employees, your making money , you've got clients....So what next?

GO CRAZY. Get more employees, more clients, print out papers and hire people to put it in other people's mailboxes.Start Charging abit more, pay employees a little..very little less, in the long run it saves alot of money, offer more services and get employees that are avaible also at night.

So:

1 employee gets paid :7.00 an hour( minimum wage in canada)
10% of 7.00 = .70 cents of profit per employee(an hour)
.70 cents x 25 employees = 17.5$ an hour of profit
17.5 x 5 hours = 87.5$ of doing NOTHING
Your Salary: 8.50$x 5 = 42.5
42.5 + 87.5 = 130$

See how your passive income is bigger then when you worked hard?

6 Best Jobs Available For Teens

1. Teaching/Setting up Computers
2. Tutoring Elementary kids
3. Shoveling Snow/Cutting Grass
4. Deliver Newspapers
5. Get Paid by Parents For Good Marks
6. Summer Camp Animator

Out all these 6 Jobs one is probably going to work for you

Ps: If all else fails volounteer in something your intErested in to learn more about the subject!

$Money Making Idea

Why not put income and passive income together?

So you might also be looking for a job , a pretty good one is paintings people's railings at the begining of the summer, it's also good to do multiple things, most people that have their rails painted are probably also renovating, why not also paint their walls or clean after renovations are done or even cutting their grass or shoveling snow in the winter?
Now to turn this into passive income/work income

Hire some kids 1 or 2 years younger or any older than you and might
take overyour business , now make them work for the people you've
met ,and still need more work done but with 10% of their pay going
to you.


So:

Minimum wage in Canada = 7$ an hour
5 hours a day of work x7 = 35$ a day
10% of 7 $ = 0.70 cents x 4 employees = 2.8$ an hour x 5 = 14$ extra a day
14 x 5 days a week = 70$ extra per week + 35 x 5 = 175$ + 70
175 + 70 = 245$ a week

With that go buy yourself some more assets and make more money!

$$Money Making Idea

Ever Gone to pretty high-end restaurants where there are candles at each table? Of course they have to pay these candles, but why can't YOU make them and then sell it to them for less then what their already buying them for and still make profit?

You could easily get candle molds for 15$ on ebay or get anything cylinder shaped.( yes ebay could be trusted)
Buy the materials to make the candle ( Have to look up how much the ingredients for candles cost,
but i read somewhere that it is profitable, and yes it is easy
to make them)
Now unlike gumball machines that depends how much money
you make depending on people that buy them, candles run out,
by the way wax dries really fast and you make dozens very fast,
don't get overwhelmed buy these numbers.

So:
40 tables at restaurant = 40 candles x3 candles a day per table = 120 candles per night
5 cents profit per candle... im sure it probably higher
120 x 0.05= 6.00$ a day x 7 = 42$ a week

To make this passive income why dont you higher your little/big brother/sister at 20$ a week
42-20 = 22 $ a week without doing anything at all!

$$$Money Making Idea

Little kids love to get candy for 25 cents at those little machines, if not they start crying and to keep their kids quiet the parents get it for them, maybe even twice.One of these machines only costs about 30-40$( on ebay), no need to buy something more expensive.Then buy 2-3 packs of gumballs.(Stock up when on special)

So:

8 packs: 2$ each x 8 = 16$ , 20 gumballs per pack x 8 = 160 gumballs
160/16 = 10 cents per gumball but u sell at 25 cents .= 15 cents profit per gumball
160 x 0.15 = 24$ everytime the machine is completely empty !( not exact , could be more if u shop carefully when buying gumball machines or gumballs)

Put it at a good location and it should be empty every week!



Now To Get a Location

To actually get a location , go to a store and ask if you could put your machines in their shop, if every store refuses to have your machine in their shop offer maybe 5$ every 2 weeks, then theyll probably accept. Use this money to save up for another gumball machine

Let's say you get 3 gumball machines: 24 x 3 = 72$ a week .......pretty good huh?

Or even 8 gumball machines: 24x8 = 192$ a week......Now thats Great!!!

Inspiration

one of tyhe richest men in the world uses passive income, the one and only.. Donal Trump! He owns hundreds of restaurents and real estate, hotels ... u name it ! besat thing is that he doesn't go to work!

How it Works

Alright so before you actually start making the money it's important to understand how your this all works. What werew trying to dis is create passive income, what passive income means is basicilly making money while your asleep, in other words it's like to working for your money. Going to work like your parents to is not passive income, this is how you would make alot of money as you get older, but of course as a teen you can't buy real estate. It's the new way of making money!

Now the tools to make passive income are called assets, assets are things you own, im going to show you how to make money with assets