Hold it, Rewind, Fix the Problem, Play. (That, and some tips to save)
3/20/2009I want to start selling adverts here on MMT, but I'm realizing that my blog is kind of filling up with 125x125's on the right side panel, and don't want to be a "sell out" blogger. Please give me some feedback on what you think, and tell me how I can add to the blog without causing it to get too "addy."
As you have seen I added a Feed Button to my blog. I happily already have some readers though no one has dropped my to say hello. If there is something I can do to improve you experience, Please let me know.
Onto the Money
Since I assume the only reason you all read this blog is to make some money, I do have a few tricks up my sleeve today. Two days ago I talked about goal setting when it comes to making money. Today I want to talk a little about saving it.
Saving a little even in a crises
Now I know that I am still rather new to "the real world," but I have realized that to get anywhere you need some extra money. With the times we have right now, it seems like saving money is impossible but it is not. People merely overspend, and that is what causes debts, foreclose, and bankruptcy.
The trick when saving is to calculate the amount of income you get, subtract your necessary costs, figure in how much you plan use for entertainment, then put the rest in the bank, or invest it in the stock market.
Example
- You earn 16$ per hour working for a company, at 40 hours a week.
- With all the bills you are forced to pay 2,000 a month. This leaves you 560 dollars left to spend. (granted I have no idea how this would actually be, but go with me for a second.
- 560$ left to spend. Now a good rule of thumb would be to deposit 10% of whatever you make, but some people can't afford this, so lets just say you put 200 in the bank for safe keeping. This means that you still have $360 to spend how you please.
Now this is not encouraging you to over spend. If you see that you have more money than you need that week/month, save it! There is nothing worse than getting stuck in a situation like a car repair where you have to fork over an extra $500 that you don't have. And when you do spend money, be smart about it. Sometimes the generic brand not as good, but if it costs a dollar less than the nationwide product it might worth your while to go with it anyway. And for those of us teens, don't just eat out all the time. Making a lunch twice a week saves you 10$ a week=40$= 480$ a year! Spending smart is the same as saving...it all ends with a little more in your pocket.
Lastly, banks, and The Stock Market
Now this isn't for all of us, as some would rather be smart with their money, but the stock market is a great way to invest your money (if you know what you are doing.) Now yes, some would say it is gambling, but as long as you are educated, it really isn't gambling. For those that are still sceptical put your money in the bank. It's not a lot, but 2 or 3% on your money is still really good. Just make sure that when looking for a bank you choose the best interest rate you can. If you can find on that is higher at another bank, then do it! Loyalty means nothing when it comes to you, your money, and the bank, and if you aren't getting paid higher, than really you are just robbing yourself.
Setting Goals, and Sticking with Them
3/18/2009
So when it comes to money and making it, it is important to set out a list of what you want to accomplish, well all things really. For those of you following LoaTW, (my other blog) you will find that I am personally working on a few goals myself, and one of them is to have 100,000$ sitting in my bank account by the time that I am 25.
I know it is a stretch. especially with college, and everything else that I have coming up, but I figure a dream is at least worth the journey. So, as of yesterday I worked out my plan, and while I am still working on details, I at least have a plan.
The Steps
Introduce Income
Well as those that have been reading know, I am a big fan of PTC sites though I have still made not that huge amount of money. The ones that I am following atm are PPClix, SmithBux, Meansbux, ClixSense, UnoBux, NotSoTricky and ShortBux. Although I am making only pennies right now, I know that it is better than all those out of work right now. Here is an analysis of what I am making on average per day.
PPclix $0.14
SmithBux $0.06
MeansBux $0.05
ClixSense $0.05
UnoBux $0.04
ShortBux $0.035
Total $0.38
Now yes, I know this income sucks especially for the time I put in right now, however I hope to get a few more referrals once I cash out at PPClix (they have had some really bad issues with the beta)
Additionally I am making 5cents off Adgitize and 10 off today with Clips. AC paid me again for 3 dollars For an article on Reading for Teenagers. Here is the proof.
also I am getting a few bucks here and there for Adsense which is nice, and some survey sites (adding proofs later.)
Plans to Improve
So why all this, well it is showing what I am making off the web right now, to show you how much I make in the future. Right now my goal is $5000 by the end of this year. I plan on getting a job and working towards this goal more in depth but for now, this is what I have, as school holds me from making much more.
So for now that is my plan, I know it isn't much and the direction is a bit iffy, but I'm working on the details as I go.
Small Guide
1/23/2009
Truth be told, most of the adverts you see online won't work. They promise you bunches of money that sounds to good to be true, and most of the times it is a hoax. Yes, there are people out there that have mad those amounts of money, but not over night. Plus, why would someone pay you to advertise on their site?
Although there are a lot of scams out there, there are some very reliable ways to get a small amount of income, and here are a few that I personally recommend...
Global Test Market- I have used this for quite some time. Although it takes awhile to generate enough to cash out (50$) I have received a check from them a while ago, and only need a few more points to cash in on my 2nd check. Basically the idea here is that they email you survey to do and you get paid for them. It can be cool as you will get to see previews to movies sometimes that no one has gotten to see.
PPClix- Now this is a site that I am rather new to it’s called a PTC site. I found it while browsing my new blog Life of a Teenage Writer. I was looking through another blogger's stuff and found it interesting that he was making 30-40 bucks a day off it. It's a site where you view adverts for a penny each, reach up to 5cents a day (10 for members) plus you get bumped half or the full cost (members) of what your referrals click on. It's free to start out and I would check it out. Other similar sites include SmithBux, and MeansBux.
me2everyone- This is a site I just stumbled over, and while I don't know a lot about it looks pretty cool. It's a new social networking site that just started where you can invest money and such into an online business. It is free to sign up, and they are offering 1,000 shares to the 1st 100,000 people who create an account. My i.d number 32480 so please add it in when you sign up.
Triond- I like this site as it is a great place to make friends while generating a small amount of income. It's not a site that you make a lot on anytime soon, but it will give you a place to get some positive feedback on your writing. Another site to try would be Associated Content, though they don't pay non US users. You do however get an upfront fee, and while you must wait a week for them to decide about your pay I have published 3 articles (one I didn't get paid for) on there and have received 5.52 with 6 cents from views still in the vault.