Thursday, December 25, 2008

Tips to overcome the global crisis

Global financial crisis forced everyone to tighten belt, causing the people's purchasing power decreased. Of course, this big effect on the industrial sector. Some large industries to begin trimming the cost of production. Then how attitudes we face this crisis?


Here are some tips to overcome this crisis:

  • Shopping effective
    With shopping effective, at least we can push the expenditure need not and certainly need a planning and calculation as well. For example, we shop for something that indeed we need, Side that is not important.
  • Economical
    Economical means not stingy, use something with the needs and do not exaggerate

If you are wise, you can do it, may want to add that there?

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Wednesday, December 24, 2008

Make Easy Money



If your high school makes you pay for food and you find yourself a little light, or you want to make some extra money for chips or anything else you want, this wikiHow offers a few suggestions.

Steps

  1. Ask your parents for lunch money.
  2. Bring your own lunch, but hide it.
  3. Save your money in a wallet, jar or bank.
  4. Be sure to keep your savings hidden. Stealing money is easy to do as there is no way to trace the cash or prove it was yours. Do not store your money in a locker.
  5. Keep on saving for a week, or however long you need to save the cash you want. Then say you do not like cafeteria lunch and you would rather go back to bringing (even though you already are).
  6. Use your investment to buy things your friends and peers will want but are not available in your school. For example, you may choose to sell better candy than they have in your school.
  7. Begin to sell at a low price, perhaps you will only just make a profit, in order to give a good deal.
  8. People will ask you for strange deals, like "can I pay X if I buy five?". Make sure you have done your math to figure out the base cost or your goods and how much discount, if any, you can give on higher amounts.
  9. Earn a reputation for having your product available, something that will happen naturally in time. The important thing here is to always have product available.
  10. Slowly raise your price. If your sales drop, return to your original price.
  11. Be consistent with pricing, in other words sell the same thing at the same price to all people, do not charge some people more and some less.
  12. Make more profit by buying at a lower price. One method that often works is to find a wholesalers near you, like a Costco. Find a way you can get in (parents, friends parents) and buy sweets at wholesale prices. typically you will need to buy large amounts to get the wholesale cost so be sure to buy items that you know people will always want. Look for items that have many small parts, like bite-sized candy bars.
  13. Be a gambling host and host quick and easy games, such as Threes. Pick a place where there are few teachers and don't tell squares. Since you are the host you can take a percentage of all the winnings. That way you won't lose money gambling. It might be against the school rules, but if you really need the money, who cares?
  14. Try renting pencils and/or pens out to people who need them. This may sound stupid but if you keep the prices reasonable then it works.

Tips

  • Don't brag about how much money you have made.
  • Do not eat your own inventory.
  • Keep your prices fair and low so that somebody else can't cut into your monopoly and under sell you.
  • Have a large breakfast or pack some snacks, so you don't need money for lunch.
  • Grab some granola bars from home. Save your money for more important things.
  • Midnight snacks are great when combined with a healthy breakfast, also a money saver when in the lunch line.
  • If you have something that you're no longer using, try to sell it. After all, you never know who will buy that old Guitar tuner you're no longer using and odds are you'll sell it faster this way than if you were to put it in the Classifieds.

Warnings

  • In some schools it is against the rules to sell things, even sweets. Consider an outside job in this case as there is no point selling in a school when your inventory and possibly even your profit can be taken from you at any time.
  • Do not display or show off your money.

Things You'll Need

  • Wallet
  • Parents to periodically give you money to save, or some other source of income
  • Jar
  • Hiding spot for the money
  • DISCIPLINE and PATIENCE
  • Granola bars or Pop Tarts to eat during school.
  • A duffel bag to hold your product.

Related wikiHows


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