Tuesday, September 29, 2009

Ways to make money without investing

Investing is the primary way for a person to become wealthy. Investments (whether in the form of savings accounts, individual retirement accounts, stocks, bonds, real estate, and other investment vehicles) are a great area of interest and debate among many financial experts, and thus, are of high interest to many aspiring entrepreneurs. Arguably, everything you do in life is an investment. You invest your time at work. You invest your heart and love in your family and friends. You invest your money (although not a good investment) when you gamble. However, for purposes of this article, we will assume that "investing" is limited to traditional investments as considered by financial institutions.

The most traditional way to make money without investing is by working. A typical "nine to five" will get you a consistent paycheck. Will working make you rich? If you are the CEO of some major corporation or highly successful in your filed of employment, then you may become rich. However, once you stop working, the money stops. Therefore, even though you may be rich while you are working, you will never be wealthy.

Another way to make money without investing is to play the lottery. Playing the lottery could result in hundreds of millions of dollars. Because this is such a large amount of money, you do not have to worry about ever working again. However, because the odds of winning the lottery are so highly not in your favor, it is more likely that you will lose more money that use to play the lottery than you will ever win by playing the same.

Another way to make money without investing is by gambling. The lottery is a form of gambling, but there are other games that you can play in order to obtain money. Poker has been a highly popular game in recent years. Therefore, there are many books and strategies on the subject. By reading these books and by practicing for free online, you can start playing poker for money. All you need is a chip and a chair.

Last, you can make money by stealing it. I do not condone any form of stealing and advise you not to do so, but it is a way to make money without investing.

There you have it. You can work, play the lottery, gamble, or steal if you want to make money without investing. Seriously though, whether you are investing time, effort, or money, investing is the way to become truly successful. Do not try some strange shortcut to success. Invest in yourself and your future and you will have great prosperity.

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