How to Make Money in Bangladesh 

Since I have started a personal finance blog, people are asking me this question. In fact, I receive this query several times a week from readers across the entire Bangladesh.

In this article, I will show you the various ways to make money in Bangladesh. You can classify money making idea into various types. I have personally made two classifications of ways to make money in Bangladesh.

Classification: 1 Make money in Bangladesh

01) Online money making ideas

02) Offline money making ideas

Classification: 2 Make money in Bangladesh

01) Ways to work hard to earn money

a) Employment (Job Income / Salary / Paycheck)

b) Self-employment (Doctors, lawyers or any other profession)

02) Ways to make your money work for you to generate more money

a) Businesses

b) Investments

I personally prefer the second classification. This is because it is broad and can apply for both the online and offline world.

In fact, the second classification is the broad classification and we can see all the 4 types of people in our economy. Nothing is good or bad. You will have to find out that by which way you want to make money?

First is the ways to make money by working hard – Employment and Self-employment. I mean the first and commonest way of making money online or offline is, you either find a job and work for someone else and earn paycheck or you become some kind of expert (Doctor, lawyer, freelance writer, actor, website designer, artist..etc..) and start providing some kind of service and earn money by becoming a professional person.

The only problem with making money like this is, the tax laws don’t favour employees and self-employees. You will have to pay big amount of tax every year (As high as 35%) to the government.

Second is the ways to make money by making your money work hard for you – Business & Investments. Here you invest your money and people work for you in that business and earn more money. I personally like this way of making money. You can invest your money in assets like Businesses, gold, stocks, mutual funds, art, bonds, web properties, intellectual properties and many other assets.

The main advantage of this way is that, the tax laws favour this group of people. Investors and Business owners of any country pay the least tax while employees and self-employees pay the highest taxes. This way also applies in the online world also.

Means in the online world also you can either start your online business or do the online investments in the web properties like domain names, websites and blogs.

Starting your own business in the online and offline world is risky but well, its worth it. Because once your business will developed, it will run and grow even without your presence. So the above are the all the possible ways to make money in Bangladesh. Now, you have to chose that by which way you want to make money?