Money can make many things and also it can make monkey things. It all depends how well you will utilize it.Old or young, male or female, regardless of education, talent or qualifications. There are just few steps to take youfrom zero to well overa million dollars and each step is to be discussed in this section every week. Money is volatile.1. Save 10 cents from every R1 you earn. If you put away at least 10 percent of your income as part of a long-termsavings plan, there is agood chance that you will have a financially secure future and be able to attain your financial goals.2. Put 10 percent of every pay increase towards savings, particularly long-term savings such as a retirement plan.If you are employedand belong to a retirement fund, your contributions will increase automatically in proportion to your pay rises. Thiswill help ensure thatyou stay well ahead of inflation.3. Use the “Can I sleep?” judgment when making investments. An investment is too risky if you are going to lieawake at night worryingabout it.4. Diversify your investments. Never invest more than five percent of your assets in a narrow investment (forexample, a specialist unittrust fund such as an emerging company one) or in an unregulated investment. Diversifying your investments willensure you don’t loseeverything if one investment bombs out. Many people who invested all their assets in major scams such asMasterbond lost everything,and the same thing can happen in the regulated market if you put all your money into one sector ... just considerhow the informationtechnology bubble burst in 2000.5. Be extremely cautious if the returns promised on an investment exceed what is generally available. If they soundtoo good to be true,they probably are. It usually means the investment is too ambitious in its claims, too risky, or simply a scam.6. Know the difference between effective and nominal interest rates. Normally, banks will quote you a nominalinterest rate when lendingyou money, but a higher, effective interest rate when you invest money. The nominal interest rate is the simplerate. The effective rate iscalculated by compounding the interest earned or charged.7. Check whether the interest you are being paid is credited monthly, quarterly or annually. Say you invest R10000 for 10 years. If youreceive interest at 10 percent credited annually, you will get a total return of R25 937. If it is credited monthly, youwill receive R27 070.8. How do you decide whether you should invest directly in shares? Simple. If you haven’t got the time to learnabout stock markets, tofollow the progress of companies or to track your portfolio, rather invest in unit trust funds and/or life assuranceendowment policies thathave shares as their underlying investments.9. If you do invest directly in shares, your two most important considerations should be ensuring that you have aproperly diversifiedselection of shares across the stock market sectors to reduce risk, and regularly rebalancing your portfolio. Whena share rises in price,you should consider selling some, but not all, of these shares, so that you make a profit, but your overall portfolioremains proportionallythe same as it was when you started. By doing this, you’ll be able to reap further profits if the share price continuesto rise.10. If an investment product is too complicated to understand, avoid it. It does not mean you are stupid. It simplymeans that the productprovider and/or financial adviser are trying to baffle you.11. Always check the costs of any investment product. Some products are prohibitively expensive. You should begiven a breakdown ofthe costs in three ways: as a percentage of your investment; as a fixed amount; and as the amount by which thecosts will reduce yourinvestment at maturity date. Be very careful if the costs are more than six percent at entry and more than twopercent a year thereafter.12. Always check how much commission is being paid to your financial adviser. Some financial products –particularly those offered byso-called linked investment product providers – come with particularly high costs and commissions. Highcommissions can be aperverse incentive for advisers to mis-sell.13. A product offering a range of underlying investment product choices, such as a wide collection of unit trustfunds, is often not in yourbest interests and may come at additional cost. Be very cautious if anyone recommends that you invest in a linkedinvestment productwith a wide selection of underlying investment choices. Remember that linked investment products come in manyforms and are alsooffered by life assurance companies. The simpler and cheaper solution may be to invest in a properly diversifiedunit trust fund, such asan asset allocation fund that offers underlying investments in all the main asset classes, such as cash, bonds andshares.14. Don’t be afraid to negotiate commissions/fees for financial advice. Most financial products allow you to do this.After all, it is yourmoney.15. If you have a choice, should you pay a fee or commission for financial advice? As a general rule, a fee is betterfor large amounts ofmoney and a commission for smaller amounts.16. If you are a true investor, you invest for the long term and you don’t panic when markets fall. If you want toinvest for the short term, youshould use a bank term deposit or a money market account rather than an investment in the equity markets.17. It is time in the market and not timing the market that counts. Don’t try to time markets or sectors of markets.Few people have gotrich from doing this and most have lost money. The best way to get rich is to take time to select an investmentproduct that has properlydiversified underlying investments, and then to stick with it for the long term. Most people make the fundamentalerror of buying into aninvestment when it is at the peak of its performance and then selling out when its value has dropped.

How can you make some fast money? Here are some tips on making fast money ethically and legally. Any one of these tips should help you make some quick cash. Before jumping into these money-making tips, here are a couple things to keep in mind.
First, these tips are aimed at helping you make money fast. They are NOT going to make you rich. One or two tips should earn you an extra $50-100 over the next week. Implement all the tips, and you could see a couple hundred dollars added to your bottom line. But do not expect quick riches.
Second, you need some planning and a few days to work with. That planning should include ways to start saving money.
If you are in a situation where you need quick cash today, then you're in a crisis -- and you probably need to borrow money from friends, relatives, a bank, or (last resort) a fast cash outlet. This article is aimed at those who have at least a few days (preferably a week) to work with

1. Offer Seasonal Work to Your Neighborhood and/or Surrounding Area
Use your time off from your main job (which will probably be your evenings and weekends) to offer your seasonal labor services to your neighbors and, time-permitting, residents in close-by neighborhoods. Seasonal work includes raking leaves, mowing lawns, or shoveling snow.
The best way is to blanket your target neighborhood with 200-400 flyers, offering your services for an appropriate amount per lawn, driveway, etc. depending upon its size and the amount of work involved. Make sure your contact information is on the flyer. To expedite results, you can grab your rake (or shovel or lawn-mower) and just go door-to-door, offering your services directly.
If this is "beneath you," consider how seriously and quickly you need the money. If you need money fast, this is a great way to do it.
If it's STILL "beneath you," then TEAM UP with a neighborhood teenager. You can be the one to distribute the flyers and take the phone calls. Your partner can then do the actual labor - based on appointments you set from the people calling in response to the flyer. The two of you then split the money.
2. Call a Local Contractor
Find a local contractor and see if you can hire yourself out as a day laborer. This is a particularly viable option, if you're the "handy-man" type. There are probably quite a few contractors in your area looking for day laborers to help them build and/or repair houses, decks, fences, etc.
3. Sell Some Stuff
Go through your house, attic, garage, etc. and pick out EVERYTHING that you are willing to part with. Then, depending on the weather and time of year, put signs up around the community that announce your yard sale.
If you have more time, go to eBay, register, and list the items online. Mark Joyner, a bestselling author and co-founder of Guerilla Marketing Network, says to "pick 40 of your items" no matter how "silly or seemingly worthless they are." Then, review a few books and articles on effective sales writing and marketing and (based on that knowledge) "create eBay pages to sell every one of those products."
If you have the ingredients, try baking a bunch of cookies - and then call some businesses in your area to see if you can sell the cookies to their employees during the lunch hour.
4. Offer to Distribute Stuff
Contact your local newspaper to see if they have need for a neighborhood distributor. If so, you're in luck.
Don't stop there, though. Use your phone book and/or the local Chamber of Commerce to research businesses (retail or restaurant being the best) that market to the general community. Call them up and offer to distribute flyers for them -- for a price.
BONUS TIP: See if you can combine Tactics 1 and 4 (handing out flyers for yourself AND for these businesses - at the same time).
The above tips should get you started on making fast cash. However, you need to step back and look at your overall money situation. Better planning will enable you to make even greater money in the long term. And long-term earnings is (or at least should be) your financial objective.