The Value of Paid Forums...
By dodoguy
@dodoguy (1292)
Australia
March 1, 2008 2:39pm CST
Hello Budding Entrepreneurs,
This is an honest inquiry that probably needs a wide variety of respondents to get a decent idea of the answer.
There seems to be a lot of people who are keen to make the $10 monthly payout threshold here, and I can accept that it's a nice thing to be paid $10 for occasionally participating in an enjoyable and interesting hobby like this.
But from my perspective, $10 is just a tiny bit of pocket money - nothing to get overly excited about, in fact it would barely pay for a single meal in a fast-food restaurant (at least here in Australia).
BUT I also know that a few American dollars will go a LOT further than that, depending on which part of the world we're going to spend it in.
So that's what I'm curious about here - just how valuable is that monthly $10 for those that can reach it? I'm not too sure how to quantify the matter, but as an example, how many meals would US$10 buy in YOUR country? OR what else could you purchase with it? In Australia, I could use US$10 to put about 2 days worth of home-prepared meals on the table, and as I already said, it might buy just one decent meal in a fast-food joint.
Thanks for any thoughts you might like to offer.
1 person likes this
3 responses
@plumwish07 (4057)
• Indonesia
3 Mar 08
well, as like you said that $10 is not too much recent days and i agree by that. but we should be aware that in online business to give $10 to many members is quit big amount. so in my opinion, no matter how much we earn but its pretty good if we able to thankful of each cents that we made.
honestly, in my country-indonesia, $10 can't mean much since everything getting higher in cost. it just enough having for really standard meal in one week without any other expenditure :)
@dodoguy (1292)
• Australia
3 Mar 08
Hi plumwish07,
Thank you for sharing your experience here.
It's a little worrying to know that prices do seem to be going up, and basic needs are becoming more expensive, everywhere around the world.
It's even more surprising for me because Indonesia is a big oil exporter. Are the oil prices a problem there, or is something else driving the price inflation?
You have shed some light on how much that $10 means to a person in Indonesia - it sounds like it will buy about 5 times as much in Indonesia as it would in Australia or the USA.
I also agree that myLot is paying its members as much as is reasonable from a business perspective - so I'm not complaining about that.
It is very enlightening to get a better feel for the economic reality that faces us all, in each different country around the world.
Thank you again for you thoughts!
@dodoguy (1292)
• Australia
4 Mar 08
Hi plumwish07,
This is sounding irrational. I don't understand what's going on - how can the oil price in a major oil producer like Indonesia be rising so dramatically?
The fuel price in Australia has been increasing a lot over the last few years - from around A$0.70 a liter to about A$1.50 a liter now, so it's pretty much doubled.
But your prices sound even worse than that. This is all quite disturbing for me.
@plumwish07 (4057)
• Indonesia
5 Mar 08
my dear friend, not only you getting shocked and bother by this occurance. but its real in here:( i suspect there is kind of political interest behind this matter. and i think you never know before that nowadays, if we want to get kerosine, we should make long queque in order to get that and it also needs few days to get it. the situation is similiar a like when our country not yet get any freedom on the past time. its really make me sad while the rich people still buy new expensive car in daily :(
@kelleydian (175)
• United States
2 Mar 08
It really depends on what you get to eat at the fast food joints. Often times McDonald's, Burger King, etc. will have a $1 menu where certain things only cost a dollar. If you skip the drinks, you save even more. $10 will get me a loaf of bread, gallon of milk, a pound of hamburger, and a carton of eggs at the grocery store. I might have some change left over. Milk is more expensive than gas here in my part of Ohio!
@dodoguy (1292)
• Australia
2 Mar 08
Hi kelleydian,
Shame on you! What about your veges? I know they grow heaps of corn in Ohio - I saw it there a few years back.
But really, thanks for your reply. That menu sounds quite carnivorous, and those are the more expensive grocery items in my experience. Just for interest, I can get whole-meal bread at the supermarkets here for about US$1.00 for a 650 gram loaf - that's about 24 onces or 1.5 lbs (but that's the cheapest - they're mostly two or three bucks each). Powdered milk - 12 liters for about US$5.00 (I guess that's about 2.6 gallons). Whole (non-powdered) milk starts at about $US1.20 a liter, so it would be about $US5.00 for a gallon. Eggs - depends on whether they're free range or battery hens - the cheapest is about $US2.00 a dozen. And a pound of mince would likely cost a few dollars (at least US$5.00 per kg, I'd guess).
So it does appear that grocery costs are fairly similar twixt here and there.
I shudder to think what impact rising fuel costs will have on EVERYTHING, though.
Still no info from other parts of the world - it would be interesting to know if ANYONE can get more mileage from their $10.
@kelleydian (175)
• United States
2 Mar 08
Ha! ha! When I have $10 to spend on food, veggies are the last thing on my mind. I have started to eat a salad with lunch and dinner though. I don't like cooked veggies, other than peas. By the way, I recently found out that corn is not a vegetable - it's a grain. I love corn on the cob! And yes we sure do have a lot of corn here!
@kelleydian (175)
• United States
2 Mar 08
Whoops! I forgot to mention that we are growing our veggies hydroponically. Thus, no reason to buy them from the store.
@Hatley (163776)
• Garden Grove, California
1 Mar 08
Ten dollars here in Tustin Ca would buy you one dinner in a sit down cafe and in burger king you would get back some change for a value meal. tendollars in groceries could give you about a days worth of meals or depending on what you bought maybe two days so we are just about the same as you in Australia. to me ten dollars is still ten dollars and by doing several different surveys on the internet I can make about fifty to sixty dollars a month of extra money that helps on my food budget.
@dodoguy (1292)
• Australia
1 Mar 08
Hi Hatley,
Thanks lots for the low-down on the situation in Tustin.
I think we're pretty much on the same page, which is about what I'd expected.
No argument here - I seriously doubt anyone would make enough from these things to live off them entirely (at least, not in most Western countries), but every little bit helps.
Still, I am very curious if that sort of income would cover living expenses in other parts of the world.
