Donald Trump, President of the United States of America, once stated, “money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.” As an owner of golf courses, casinos, and hotels, money wouldn't be hard to get. What if Donald Trump was never the owner of any big industry and was earning money like every average person?
The advantages of earning money by yourself, and buying your own things is much more satisfying than knowing you could just go to the store and buy whatever you want.
First of all you wouldd have to earn your own money by working. Ways you can work are mowing lawns, raking leaves, shoveling snow, and walking dogs. If you are not an outside person there are always jobs to do inside, examples are baby sittings, cooking, and laundry. Other ways to earn money could be becoming a Youtuber, tutoring, workout instructor, or even a translator. If all else fails, you can sell some of your stuff or get a real job. Working at a restaurant, gas station, auto shop, or any business that suits your interest.
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The idea of saving your money would be to buy something more expensive later or wait to spend it on more important things like college, cars, or even a home. Reasons why you should save are injuries, getting fired, and taxes. Ways to save are opening another bank account, not going out so much, and buy only what is needed in everyday
Throughout Donald's life success was not easy for him or his businesses. The Trump organization revealed that it was 5$ billion in debt in 1990, with as much as 1$ billion spent by Donald Personally. With all the casinos, hotels, and cars Trump had to create a bailout system that would allow him to take out two to three mortgages on most of properties. Unsurprisingly Donald Trump filed for bankruptcy four times. Although he was in the hole, he was able to get himself out and with that I think that he wouldn't have been able to make any crucial business decisions without the help of many bankers and lawyers but also the use of a free enterprise system.
Imagine that Donald Trump wasn't a businessman? I think he brought up the stocks, they are high. He is a President for the United States. He has or had four different businesses. He was in a Reality TV show. Donald trump has different talents and that he is a Renaissance man.
Trump may be known for his wealth but many aspects has shown that he is definitely bad in business. As president, being good in business is one of the key aspects to succeed, because you have to handle the whole nation’s financial matters. Trump boasted that he earned his own money, but he isn’t like Bill Gates or Mark Zuckerberg, who are self-made billionaires who were innovators in their fields. Instead, Trump’s wealth is inherited from his father. Almost all his best-known successes are deducible to family ties or money given to him by his
My mother once said, “Spend your money wisely.” Ever since then I have. Now I want to spend my money on something special, like seeing my sister in Hawaii. In order to have these special things I have to earn money.
First you can get your own money and keep it to yourself. It is better because you can buy whatever want. Save up for your house or things you need. Like groceries, gas or other things. My mom uses her money to buys things she needs. That is why you should keep your money to yourself.
First off, Trump has many years of business experience with buying and selling properties for profit. Also he has created a name for himself by getting in the business of real estate, hospitality, and the entertainment industry. Trump has leased his name out to many companies to market their properties and be the face of the brand. This is one of the reasons that the Trump brand is said to be worth $200 million. Trump invests some of his money into the stock market, this has helped him receive a profit of $27 million dollars. This means
As the owner of a ten billion dollar empire, Trump has established a firm reality that he knows how to make money. He has also shown that he has the leadership capabilities to head a conglomerate with thousands of employees under his wing, and has shown to the people that he can handle this responsibility reliably. Some may argue that Trump has been unsuccessful in the past, as he declared corporate bankruptcy four times over his long and storied career (O'Connor). However, past instances of failure have not been able to stifle him in his pursuit of riches. Many are aware of the fact that some of the country’s greatest presidents have a failed business under their belt. The fact that Trump was able to pick up the pieces of his business after bankruptcy and reinvent his company time and again indicates that he should be applauded rather than
According to a Pew Charitable Trust report, more than half of Americans have less than one month of income saved in case of emergency. This is in direct contradiction to the advice given by most financial experts to have at least three to six months living expenses on hand for unexpected situations, such as a job loss. It is interesting to note that all levels of income had the same lack of savings; therefore, it is not necessarily a problem with the amount of income, but instead with an inability to save. So, in order to get the nation where it should be in terms of savings, there should be a great emphasis on educating the average American on how to go about creating a savings.
Donald J. Trump is one of the most influential business men of the 21st century. He owns stock in many companies and owns Trump industries. He currently has a net worth of approximately 4.3 billion dollars. He made this money the good old fashioned way, through hard work and smarts. Throughout the years he has learned a lot about economics, and has put this knowledge to use, now running for president of the United States in 2016. The free enterprise system helped Donald Trump become more successful in business, because he was able to freely buy and sell property to make a profit. he now has projects building recreational centers and golf courses and other things for profit.
Try to make a budget, it will be your blueprint for your finances. The first step for anyone wanting to take control of their finances is to make a budget. A budget will allow you to understand where your money is going and enable you to adjust your spending by designating how much you can afford. Creating a budget is a good idea for everyone, but especially for individuals with limited income. Write down your budget, with specific categories of spending, and stick to it. Start slowly by using a percentage on how much you will save versus spend. A plan doesn’t work unless you work the plan.
And what do I do with the extra $500 I have leftover? I put it in my emergency fund. I can always plan for an emergency that I hope will never happen and be prepared to pay a good amount of it in cash myself that way I never have to worry about going into debt for an “emergency”. This is how I believe a person become wealthy.
Developing a habit of saving money requires self-control and self-discipline. If you don 't think it is important just try to get a mortgage or car loan and see how well you do. According to the Huffington Post 50% of Americans have less than $500 in their savings account. How can this be when we are one of the richest countries on earth?
I have a very strong relationship with money and know how to use (and save) it effectively. I have a personal savings account which was opened by my dad when I was very young. Any time I got some birthday money or any other type of cash, my dad and I would go to the bank and put it in my saving account. Over the years I have put a lot of money into savings and continue to do so. Most of the money that have in there now is from my 4-H projects and from the sale of my 4-H steers.
How to save more money is a simple question that often begets a simple answer, make more and spend less. This is certainly a case of easier said than done. Just like losing weight, all you have to do is just move more and eat less. I wish it was that simple. However, it 's always harder to do because it involves changing our behavior.
1. You may suddenly need money for emergencies, so it is wise to learn to save some when you are young.