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View Full Version : A couple money tips. :)



volknet
04-15-2007, 04:46 PM
Having my main source of income from the internet for a little while now, I thought I'd share a couple of tips that have helped me.

1. Make sure to pay yourself.
- When I first started making money with websites, I would pour every last penny into marketing. What helped me was getting a high % savings account at a bank that was different than my normal bank.

Having it at a different bank helped me to get both a higher % but more so to not just impulse spend it (because I had to transfer it to use the money).

I recommend HSBCdirect.com... they pay 5.05% interest on your savings account... no fees... and you can start an account with $1.

I normally pay myself 10% of every check / deposit I get.

(If you want to use my affiliate link please PM me)

2. No interest credit cards... :)
- I cant tell you how nice it has been to find a good credit card with 0% interest for 12 months.

I found a great credit card offer from householdbank.com - 12 months 0% interest (on all purchases and transfers) and 2% cash back!!!

householdbank.com has actually been really great. It helps me to make more money because every advertising dollar I spend I get 2% back :)

(PM me for an affiliate link if you want to help me out :))

3. Watch your figures.
- Be sure to watch every cost to make sure you're making more than you're spending. I own about 30+ sites that I make money with adsense/YPN. At first I would spend so much and not watch how much I was spending that I thought I was making a profit when in fact I was not.

The owner of Godaddy.com puts it best, "All figures that are watched will improve." Be sure to watch every expense and know your Returns.

That's it for now. :)

Jonathan V.

(from my blog: www.jonathanvolk.com)

Feel free to add any tips that have helped you.

m0rtal
04-15-2007, 05:33 PM
Thanks for sharing :)
My tip: Never EVER give up :D

Tom
04-15-2007, 05:57 PM
My tip: Never EVER give up :D

Agreed. You will fail 100% of the times that you give up.

My tip: diversify. You should have many different campaigns going, use different ppc programs and probably more than just azoogle for your affiliate. Also maybe make a couple profitable websites, a blog, invest in stocks, bonds and high interest savings, real estate, etc.

Don't put all your eggs in one basket.

volknet
04-15-2007, 06:13 PM
Great tips. Keep them coming :D