I don't either I just have a checkings account. When I said save I meant save into your bank account.
Yeah I try to keep very little as it gets eroded by inflation. I do have a money market account as a rainy day fund though. Also got some of that rainy day fund in crypto. What’s left in my account at the end of the month typically goes into treating my wife or family out. Are you teaching yourself about personal finance? If so, I got a couple of books that I’d recommend.
Nope just working a medium salary job making $4000 a year after taxes and trying to make more money. I am interested in starting my own business though. Don't know for what though. One I want to make Wigs cause I have had hair loss issues and have some really good ideas. Other ones I am not so sure about. I always wanted to know how drugs work. There are some rare drugs out there that can actually reverse hair loss. I have been lucky enough to see the studies my self and have seen big practices like Yale study being able to do it. I really want to know how to mimic some of these drugs and find out their true actual ingredients. So I guess you could say those are my two ideas... health care and the wig business. Now if those two are actually good is a whole other topic. I have a job where I like but feel am not making enough money.
That’s awesome you want to start your own business. I sort of operate a business outside of my W2. I own a series of rental properties, some of those being multi family units. They’re all out of state so it gives me an excuse to travel. I want to put in the work for a business idea I have myself, but I’m way too busy making a lot of money in crypto right now. An employee will rarely become wealthy. If you want to accumulate wealth, then learning how to make money for yourself is the name of the game. Passion is nice, but don’t start a business just off of that. Learns the ins and outs of the market. Competition would be extremely steep with hair loss, but if you think you have an edge- go for it and start designing your business system. Millionaire Fastlane by MJ Demarco is a great starter book to learn about business an entrepreneurship. Rich dad poor dad by Robert Kiyosaki is a staple.
I'll have to look into that. My only question though is isn't it almost impossible how to figure out some of these things in certain businesses? Like say only this one drug company knows how to make this drug. Now your option is to work for that company to know how they make it. Would you not agree?
Scroll Down to Read Other Opinions
Be the first girl to share an opinion and earn 1 more Xper point!