Saturday, July 13, 2024
Do you agree with the saying “It takes money to make money”?
This age-old adage holds true in many aspects of finance. Is a principle that underscores the importance of initial investment in creating wealth or success. It takes money to make money is just a concept, it is not a rule.
This saying suggests that to generate wealth or increase one’s financial standing, one often needs to have some initial capital to invest or spend. In the business world, this concept is particularly relevant.
Creativity, innovation, and perseverance very often can overcome the lack of money, but having resources to invest certainly provides a significant advantage in many financial endeavors.
Opportunity is the key, having money opens the door to many opportunities.
Do you agree with the saying “It takes money to make money”?
● Yes
● No
● Unsure
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