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Strategies of Raising Money

We are living in a world management of scarce resources. Currency system has been invented as a result of technology. Traditionally, people relied on barter trade system. Barter trade system entailed the exchange of goods for goods. Traders had to move from one part to another to acquire the necessary goods. We have for an example the whites who used to exchange jewelry items for products such as ivory with the black Africans. Barter trade system took much time. It was very hazardous to carry out barter trade due to harsh climatic condition and dangerous animals. It is easy to use the currency system. The currency system utilizes little time. The technology has made it possible to make online transactions rather than depending on cash bases. We cannot survive without capital. Finance is required for a lot of things. We use money to start and maintain our businesses. Capital is essential for the purchase of machinery and raw materials in our businesses. Capital is needed for the payment of workers. We use money to maintain our families. Money is required for the purchase of the daily requirements such as foods and drinks.

Expect individuals to lack finance at some stages of their life. There are many things that can make our pockets loose. Illnesses can make us lack money. Settling medical bills can make us spend a lot of our finance. Expect lack of employment to lead to lack of money among individuals. Our pockets can be loose as a result of injuries caused by an injurer. For an instance we can spend much to replace the damaged property for the case of a vehicle accident. There are some problems that come as a result of lack of finance. It is likely for us to be left by our friends and family members due to lack of capital. It is possible for lack of finance to make us lose crucial opportunities such as job opportunities. It is possible for lack of money to make us suffer psychologically and emotionally. It is possible to solve the issue of lack of capital through various methods.

Selling some of our property can make us raise cash. There are several things we can sell in our dwellings. We can make cash by selling livestock. Livestock includes cows, goats, sheep, donkey, and horses. It is possible to earn money by selling old machines such as old vehicles and kitchen devices. There are those scrap metal industries that purchase old metal items. Low investment businesses can help us to raise cash. An example of a low investment business is market gardening. Food enterprise has been known to earn fast cash.