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What is the easiest way to get money?

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Sooksun’s Answer

The answers before are all great and definitely apply. I'll try to put a different spin on it, also with the assumptions that you are not a trust fund recipient or hit the lottery. The problem generally isn't "getting money" it is keeping it, more specifically building wealth or financial independence. With enough sweat equity you will earn income (hopefully at a good rate) but it doesn't mean much if you spend it all and have to live paycheck to paycheck.

So first things first is to have working knowledge of how money works. How much you need to know vs should know is subjective but if you can have a discussion around: inflation, interests rates, compounding, federal reserve, taxes; you are likely in a good spot.

Next is probably understanding passive income (income that you earn that didn't need you to do anything aka money making money) vs direct income (sweat equity aka you put in effort to earn dollars).

Now you get into the meat of the issue, developing financial goals and milestones. Basically it is a cycle of:
>making a wealth target
>building milestones to help you (emphasis on help, it should not discourage you at all) work towards your target
>review of how you are doing periodically and adjusting your targets/milestones
>hitting your target
>rinse and repeat, building on top of what you accomplished

Finally the execution phase which is generically earn income. While you do that, define your spending, saving and investing strategies that works for your situation (it evolves overtime, so must you) aka budgeting. Make sure you are chipping away at your milestones. Eventually you'll hit your financial goals.

The above is not impacted by how much you earn or what education you attain or what career you chose. The only factor is your drive to build wealth.

TLDR; Previous answers are great. "Getting money" is good; building wealth is better but is a long game.
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Venkata Subbarao’s Answer

To get money easily check the following points

1. Find your talents
2. Compare those talents to the real world, will they useful ?
3. make a strategy and work on your talents
4. find opportunities, if not available then create opportunities
5. Get dollars from it.

Hi Venkata. I find your comments very insightful. You've listed 5 good points. Thank you. Sheila Jordan

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Melisa’s Answer

Hi David,

Depending on what your interests and ambitions are, as Venkata stated in his answer, it's always good to have a realistic and attainable strategy or plan you set for yourself, so you can then make progress on your goals.

Often, a great career opportunity that brings you money can also offer more than just a paycheck. If you set a plan, work hard and remain persistent, you are sure to find something that not only brings you cash but is something you love to do.

It appears from your hashtags used you have an interest in STEM (Science, Technology, Engineering or Math). This is an exciting place to be right now and you may even find internships that pay in one of the fields that interests you.

And once you do start to make money, be sure to set a plan for saving for your future, even if you put just a small amount away each month. This can help you in the long-term and also have something set aside for any emergency needs that may come up, i.e., car repairs, unexpected travel, etc.

Best wishes to you in your educational and career goals.

Melisa recommends the following next steps:

if you're looking for applications for scholarships, check out https://www.fastweb.com/college-scholarships
Also check out https://scholarshipowl.com/College
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Tim’s Answer

David, the easiest way is to have some rich parents, but since that isn't an option for most of us I recommend you find your passion and then leverage it in a job. Trust me, taking a job that you won't enjoy just because it pays more than another job will not make you happy in the long run. Some of the most miserable people I know are making $100,000+ doing jobs they hate.

Find something you are good at and enjoy doing and you'll never have to "work".
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Josh’s Answer

Making money isn't always easy and usually takes a lot of hard work. Do something you like to do and don't just settle for an occupation because it pays good money. You have to enjoy what you do or you will be miserable.
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Luke’s Answer

Surround yourself with people you believe in, can learn from, and who want to see you succeed. In my experience, you win and lose as a team, so chose your team wisely, and include a company's culture in making your decision. There are many ways to make money. Compensation is important, but from what I've seen across my peers and for employees I work with, it isn't the sole motivating factor that drives the most flourishing careers.
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Nailah’s Answer

Hello!!!

There are sooo many resources online for obtaining scholarships, and the good thing about many of them is that they allow you to filter out various aspects that may or may not apply to you. This allows you to directly identify the perfect fit for you, your academic career thus far, and your academic plans in the future!


Some websites I suggest are:

- The U.S. Federal Government's scholarship search: https://www.careeronestop.org/toolkit/training/find-scholarships.aspx

- Sallie Mae's scholarship search engine: https://www.salliemae.com/college-planning/tools/scholarship-search/

- Cappex/College Greenlight: https://www.cappex.com/scholarships

- Niche: https://www.niche.com/colleges/scholarships/

- Gates Millennium Scholars: www.gmsp.org

- Fast Web www.fastweb.com

- Jack Kent Cooke Foundation www.jckf.org

- Jackie Robinson Foundation Scholars www.jackierobinson.org

(The following are for highschoolers)
- Posse Foundation: www.possefoundation.org (Students must be nominated by school or community-based organization in 11th grade)

- Questbridge: www.questbridge.org (Applications for Questbridge’s College Prep Scholarship are due in 11th grade; applications for Questbridge’s National College Match are due in September of 12th grade)

Some great one time scholarships:
American Indian Graduate Center ($1,000-$10,000) www.aigc.com
Asian & Pacific Islander American Scholarship Fund ($2,500-$15,000) www.apiasf.org/scholarship_apiasf.html
AXA Achievement Scholarship ($10,000-$25,000) www.axa-scholarship.com
Coca-Cola Scholars ($10,000-$20,000) www.coca-colascholarsfoundation.org
Davidson Fellows ($10,000, $25,000, or $50,000) www.davidsongifted.org/fellows
Dell Scholars ($20,000) www.dellscholars.org
Hispanic Scholarship Fund ($1,000-$20,000) www.hsf.net/en/scholarships/programs
Horatio Alger (up to $21,000) www.horatioalger.com/scholarships
United Negro College Fund ($2,500-$10,000) www.scholarships.uncf.org

Last but not least - if you have a prospective school in mind, familiarize yourself with their financial aid office staff! They can inform you of internal scholarship opportunities that may be a perfect fit, for you. :-)

Remember - persistence is key! Try to create a daily practice of searching and applying for the best fits, as expansively as possible!

Best of luck to you!
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