Is Mylot your Savings Account ?
By kukkad
@kukkad (511)
India
April 26, 2007 4:14am CST
I think there are many Mylotters in here who do not keep the Payout limit at $10, i.e., the minimum payount Limit at Paypal. I have come across discussions where people had said....... that they got $70+ as their first earning from Mylot.
This means that there are many Mylotters who keep a high payout limit in here and use Mylot as a medium of Saving Money. It definitely a great idea.
Do you use Mylot as your Savings Account too ?
5 people like this
17 responses
@ranjeetkolarkar (1595)
• India
26 Apr 07
no dear, i have joined mylot only for getting enriched in terms of knowledge on varied subjects. the payout, which i would get out of it is only a by-product for me. Hence i do not consider mylot as my savings account.
6 people like this
@winterose (39887)
• Canada
26 Apr 07
I still have not gotten a payout yet because I set mine at 100.00 because I really want to do something good with mine. Pay my bills etc.
4 people like this
@trinidadvelasco (11401)
• Philippines
26 Apr 07
you are unique from most of us, winterose. good luck in your mylotting days. i hope you will be able to hit that desired $100 mark very soon.
3 people like this
@kukkad (511)
• India
26 Apr 07
Nothing bad in having a higher payout limit. At times, when we receive money in small amounts...... we tend to spend the money more quickly.......
I think people who are keeping a higher Payout level here at Mylot are more prudent...... :)
Good Luck..... Winterose.... :)
3 people like this
@trinidadvelasco (11401)
• Philippines
26 Apr 07
No, i do not. i prefer to receive my earnings every payout date, that is, every middle of each month for as long as it qualifies. that is, my earnings has reached a minimum amount of $10.
@VotreAmie (3028)
• United States
26 Apr 07
Hi kukkad. I set my account to $25 not because I wanted it to be a saving account but because I have not set up my paypal account yet. When I started to apply for paypal I already had $10 on mylot earnings so I had to change it to $25. But I think next time I will set it up to $10.
Yes there are people who earn as much as $70 a month and more. I think these people have a lot of referrals that who are active.
What is this $10 minimum payout at paypal you are talking about kukkad? Did you make a mistake and wrote paypal instead of mylot. I don't understand as I am new with paypal.
@kukkad (511)
• India
27 Apr 07
Hi Sweetie...
Yes i think that was a mistake. There is no minimum payout limit with paypal.
lol..... your callin your hubby to show my new Avatar was cool...... and i laughed at know that u did. I will send you a Pvt. message on the Website address where you can get free Avatars
1 person likes this
@touchnshine (2821)
• India
26 Apr 07
I can't say that Mylot is my Savings Account.. as this will be my first payment which I will be getting in the next month of $10 -- I have not reached it yet but I am trying hard now to get this amount in my earnings because I want to prove many people that this site pays.. There are many users who are uncertain about this site and says that myLot don't pay and when I am going to get my payment I will show them .. that see I got the payment. I know that myLot will pay me and I am really confident about it .. the only thing which matters is that I need to prove it to others -- only then they will become my referrals and then it will be easier for me to work on myLot :)
2 people like this
@gkvetkar1 (115)
• India
26 Apr 07
No, I think it will be better to keep a low payout. That way you will never miss a payout.
If you really want to save money, let the Mylot money go into your Paypal A/c and do not use the money in your Paypal A/c, its simple.
3 people like this
@kukkad (511)
• India
26 Apr 07
No dude...... when you already have money in your Paypal...... u would obviously be tempted to use it. It happens with me so many times.....
I think if you want to "Save Money"...... the best way is not have have liquid cash........ or its variants..
Thanks for sharing your views...... :)
2 people like this
@bindishah (2062)
• India
26 Apr 07
Nope..my lot is not a savings account for me coz frankly speaking I dont know if Im ever going to reach a limit like $70 or even $50. id rather keep my payouts on $10 and if i get more than that then its good.
@ladymoonstone143 (1507)
• United States
27 Apr 07
I set my payment at $10...and after getting 2 payments, I am setting it for $25. And probably will increased it as time passes by and probably I have convinced all my friends to join so they can be my referral. But it is nice though to set it at $10 coz definitely every month, you will get a pay out.
1 person likes this
@deehan (119)
• Pakistan
27 Apr 07
Earning opportunity is offered by Mylot is not that much effective that one can make it his saving account. This is just to acquire the attention of people to papular this site otherwies earning point of view, i think no body every earned more than $100 in a month yet if there is any body plz let me know
1 person likes this
@kukkad (511)
• India
27 Apr 07
I know earning at Mylot is not as much as that the other sites have on offer....... But, reputation wise.......... this one is the best.
Again..... its the love of the Mylotters that makes this site effective. And, the interactive platform that Mylot offers......... I think Mylot is for people who want to have fun......... and make some extra money while they have fun.
There are a few poople in here who have reached those figures of $70+. I myself doubt that this is their earning per month. Maybe, they have kept a higher pay-out level and remove the money when they think the amount is fair enough.......
Earn money here..... the fun way..... :)
@kukkad (511)
• India
26 Apr 07
Yo dude...... I will be doing the same. I have already crossed the minimum payout level of $10 and the payout level is a good 20 days more. I might try and see if I could reach $25 mark.
If I can, I will set a $25 mark for some time and then....... shift my gear to the upper mark.
1 person likes this
@Kaagyudan (11)
• Philippines
26 Apr 07
Hi! I am a new member of mylot and I wonder how you make a bigger earnings? When I first commented on an article here, I was given 00.04 and then another 00.04. this time I still got 0.15. Kindly reply
2 people like this
@kukkad (511)
• India
27 Apr 07
Hope you reach your $10 limit soon.
I am not sure if Mylot allows some other Payment Processor other than Paypal. But, i do remember 1 member in here talkin about E-gold. Do some search in the Search box up....... search for similar discussions and you will find the answer.
@patricia24 (568)
• Philippines
26 Apr 07
i think i will keep my earnings up to 100$ before i withdraw it by my e-gold account. And yea i was using Mylot as my savings account too. Its good to have a site that pay and that you can be use as your savings account.
@danishcanadian (28953)
• Canada
27 Apr 07
I have my minimum set to $10, but I have a savings account at my bank here in Canada, in US dollars that I put my MyLot dollars into. I would rather have the money in my posession, even if I'm saving it, than to have it in limbo on the internet somewhere. That's why I keep my payout low at $10.
1 person likes this
@SilentRose19 (1733)
• United States
27 Apr 07
I most definately do, its a good way to keep yourself motivated to make more. Plus i like seeing a big amount there, it just builds my spirits up. I think that alot of people want it at a high payout because that way they'll get something big instead of just ten dollars.
1 person likes this
