Raising money

Hi

I thought it may be useful to all of us (and me) if we had a thread to list the ways to raise money in a hurry?

For example;

Selling titles, a state lottery etc...

Anyone got anymore?

The above will only raise smaller amounts.The best ways to raise big money is too. Take out a loan. Sell alot of recruits.Sell land. Obviously, there is no easy way to raise funds, and raising funds in a hurry, will cost you dearly, one way or another.

you could sell government bonds. one of the first government bond's was issued by the English government in 1693 to raise money to fund a war against France. Louis XIV also raised bonds this way against the English. These were in the form of a tontine.

i have not done this (yet) so be good to hear from anyone who has had experience.

I would rather LEASE land to some one that way you get a fixed income every year till the leas expires OR you can up the rental or include clauses if he does some thing to it that is not in your interests....

Never sell land it loses you recruits and income......

Try offering missions for a fixed sum but also limit what they can teach/build to that nation.

Titles are no good as the lose you money in the long run offering commisions means you get people with money in charge of armies etc who have no idea and leads to poor performance in battles.

Lotteries are ok BUT depend on how many tickets you are selling to make enough to cover the prize money.....

Leaseing land sounds good. But who would want to lease land,that offers no recruits or income? Also i would imagine that you could only get a small amount of money this way.
Of course, there is a way of gaining ground,recruits and income.Take it by force, battle.

No, land can be used for instance getting Russia a warm water port, lettting a nation use a port for military/trade reason.
By using force you will lose troops in battle, cost etc it would have t be a large area to make it while.

Leasing can be good if they upgrade the port, fortress etc stating that when finished ti becomes yours for such and such a sum

I suppose the real answer is. Never spend more money than you can comfortably afford.

PRINT IT !

The Count knows what happened to me, when i printed it. My currency ended up being de-valued by ten per cent.
You are at the mercy of Richard and agema, if you print it.

printing will not work you need to look whree you can cut back or lease stuff or hire out missions.

even ervaluing your currentcy can take a few years.....and it makes the money in th treasury at the time half its value

Never forget when selling recruits that in effect you are selling off your own population. Sell too many and your economic health will suffer.
In times of crisis it does no harm raising a one off levy/war tax or whatever you wish to call it. A good case needs to be made for this but the results can be well worth the effort.

Also... Don't forget to speak to those wealthy allies... I have given plenty to my allies in the games that I am able to do so in.

has anyone tried issuing government bonds? and if so how?

can be BUT as I said you have to pay out in the future and who knows if you have enough then to do it?

I have not issued any government bonds in my positions. However, a loan could be obtained from a bank in the game for a better interest rate than the repay requirements on the bonds.

Has anyone also noted that some games seem to have certain qualities? For example - there seems to be an lot of gold in G6 compared to others I've been (or am) in.

thta depends on how many countries are miining it or have bothered to check on line if thre is any in their area....

I don't think there is really an 'easy' way but a bank loan is perhaps the easiest...if you can afford the yearly interest payments if nothing else

hmmm banks ae ok BUT if you default on the loan then you will have a hard time getting a loan again PLUS you honour will nose dive....

Kingmaker wrote:hmmm banks ae ok BUT if you default on the loan then you will have a hard time getting a loan again PLUS you honour will nose dive....

True. A bit like real life

I must pass comment on the note of Albreda. Regarding how games are different, and more gold appears in game six.
In game eight, i am Spain. I have tried twice to discover gold and failed both times.Spain had the most gold in the eighteenth century. A friend of mine, who plays spain in game six, informs me that he started off already with gold finds in game six. He started with a million a year in gold, i started with nothing. From scratch, it would take me several years to find and develop that same quantity.
So Albreda is correct in what he says about the difference in games. There are HUGE differences.The above fact proves it.

I also believe Richard rolls out what each nation has to start with although some things are set in stone. It makes the game more varied and stops people playing the same nation with the same resources etc.

BUT if you look up and research and invest then you can get some decent mines etc.

jamesbond007 wrote:I must pass comment on the note of Albreda. Regarding how games are different, and more gold appears in game six.
In game eight, i am Spain. I have tried twice to discover gold and failed both times...

I believe there is a recommended frequency for prospectors and their success. Main rulebook suggests once every three months or longer being better - don't have book handy at the moment.

I know this topic may be a little old now, but I found the easiest way to raise money is simply to put up taxes.
I made the mistake in one game of keeping a 0% tax rate for my nobles. With the experience I now have that was a crazy thing to do. Raising taxes by 1% will raise a significant amount of money for many positions and although EH might be hit in the very short term, provided the money is wisely used it should get you out of a jam.
Hope this helps.

yes BUT default and you will find it very hard to loan again.