Anonymous asked: They say you need to spend money to make money, but how do you make the money to spend?!? There must be some way to break into that catch 22. Is the lottery involved?
Dear MoneyPockets,
“You need to spend money to make money,” is just a folksier way of saying invest. Whether that is a nice suit, manufacturing costs, or anything else, the name of the game is to turn a profit by making sure your investments pay for themselves and then some. The “then some” is what’s most important, without it, you stagnate, and stagnation is death when it comes to money issues.
If you’re not making money, you’re quickly losing it. No lottery can create the hustle you need day after day. You must hustle. Hustle real hard.
