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Someone at a church I work for asked me this weekend “How can I make money fast?” It’s the third most common question I’ve heard this year. My fast respond is: “Learn how to spend it slow” but that doesn’t help people who are in dire straights. As far as I can tell, there is no way to help yourself when you get to the point that you become desperate for money. My recommendation for most is “Get a second job” right after “Stop spending.” Yet I hear so many ridiculous schemes for making fast money, that I realized I had to write something quick — and email the link to everyone who has asked me the magic question.

Before we can even look into opportunities in making money, fast or otherwise, we need to look at the four primary ways one can make money. I say primary as there are other ways to receive an income, such as gifts and inheritances. Those are rare enough that they’re more a bonus than something you can aggressively find a way to receive.

Read this entire article at the entrepreneurship site.