What is the major thing u do with mylot earnings?
By naseemkum
@naseemkum (1803)
India
September 2, 2011 1:13pm CST
Its mean to say whats ur plan with the money if u received cashout from mylot. As im planning my first cashout to invest one in my trustable ptc sites. After i wil set my minimum payout as 25$ and i wil work hard for three months to reach that amount and i planned to save that money to my paypal amount. I think in 6months i can have 50$ in my paypal which can i use for my personal purposes. What do u think whats the best way to do with mylot earnings?
3 people like this
15 responses
@drasnian (548)
•
3 Sep 11
I haven't yet reached payout here at mylot, and I don't know what I will do with the money. I had planned to set my minimum payout to $100, and use that money towards web hosting for the student blog I've been putting off starting because of the cost. However, because of various screw ups (both on my part and on my summer job boss' part), I'm overdrawn, and will be until my wages come in at the end of this month.
So now I'm thinking maybe the earnings will just go towards paying off my overdraft, and then when my wages EVENTUALLY come in, I'll use those for web hosting.
Anyways, after all this gets sorted out, I DO know what I'll use the rest of my earnings for All my mylot earnings from October onwards, will be going towards our wedding, since we have a very small budget. Any little earnings from here will help towards it.
Sorry about the massively long, rant-like post!
1 person likes this
@naseemkum (1803)
• India
3 Sep 11
Its good u spend this money for ur marriage. But as a request or advice dont set ur minimum payout as 100$ even its huge we dont know what wil happen to mylot be sure to withdraw every 25$ ur reaching in mylot.
@drasnian (548)
•
3 Sep 11
That's a good point. I doubt I will anyways, I'm thinking I'll just leave it at $10 and move the money straight into the joint account for our wedding - it's not really any different to if I get the money in one go, but like you said, we never know and better safe than sorry!
@naseemkum (1803)
• India
3 Sep 11
Its good u spend this money for ur marriage. But as a request or advice dont set ur minimum payout as 100$ even its huge we dont know what wil happen to mylot be sure to withdraw every 25$ ur reaching in mylot.
@rajeev075 (1961)
• India
2 Sep 11
As on mylot i am not earning a huge amount but it good that i am able earn few and that is good enough(but not) for me.
I likely to use the money i got from mylot to get invested in paying(though i alredy paid) the internet data charges.
Mylot help me gain those money i lost by surfing on the internet so likely suppose it as a makeup for that. Hence i enjoyed the internet as well got the money i invested and more......
I am in INDIA where Paypal have stick rule of payment where you can't store the money as desposit in it unlike other but you must have to withdraw the money to a bank within 7 day. So i will have auto withdrawl on and i got my whole money in my bank itself.
1 person likes this
@naseemkum (1803)
• India
2 Sep 11
Thanx rajeev for ur response as me too planning atleast i can spend this money for my internet expenses as me too from south india. Airtel 3G cost more a month but im not in those plan im using 2G only so i need 200rs per month. But im planning to buy data cable from this money after reaching 25$payout.
@naseemkum (1803)
• India
3 Sep 11
Oh as all members advised im revising my plan to draw my money to my alertpay account thanx friends.
@ankitbhat (269)
• India
3 Sep 11
dude before you make an alertpay account let me tell you that they dont have a facility to withdraw money to your credit card and the only option to withdraw money is through bankwire and you know what is fee to withdraw via bankwire facilty its $ 15 so its upto you
take your decision carefully
@Hatley (163776)
• Garden Grove, California
2 Sep 11
hi naseeemkum what I do is sort of boring but to me its great . I put whatever I have earned here usually 23 to 24 dollars per month as I am on here a lot into my bank account then when my internet
bill comes at least part of its already paid, this month I only have to take fifteen dollars out of my own money as I made twenty five dollars this month.Plus I have a ten dollar check coming from
mysurvey.com too. So it all helps and to me the internet is a lifeline as I am stuck in this tiresome retirement center and my computer is my best friend. I can email my best friend and my son and in a pinch they can come by and help me out if needed. I think a lot of shut ins like myself view their computers and phones as their best friends to keep in touch with all their loved ones and friends.
1 person likes this
@naseemkum (1803)
• India
3 Sep 11
Hi friend hatley how ur earning 20$a month solidly from mylot. Is there any secret behind ur huge earnings.
@akshay7 (415)
• India
2 Sep 11
Well, I might invest it in a browser game and be able to open up a business there. And then profit and cashout from there. ;)
It is a virtual game which pays you to play. The more you earn there, the more you can cashout. And starting a business there is the most profitable way in the starting.
Need some extra funds though to invest or it would take me 2-3 weeks before I can start business without investing :(
1 person likes this
@marguicha (222364)
• Chile
3 Sep 11
Up to now, I have saved all my online earnings for vacations bacause this has been my luxury since I became a widow. This year I have a big question mark that will not be solved easily as I was diagnosed with cancer. It depends on a lot of things what I will do with my money now. Mewanwhile, they stay at paypal until I want to use it and place it in my credit card.
I´m sre everyone will give you a different answer to your question and there´s no best way for everyone
1 person likes this
@AgentGulaman (3546)
• Philippines
3 Sep 11
I am still trying to accumulate money in my Paypal account. Most of my funds in there came from my earnings here in myLot. For my earnings, I will accumulate it to a level where I can waive the fees in Paypal. Then I will transfer it to my local bank and invest it further in different investing instruments that I am in. So in essence, I will just save it and accumulate it and just use it for future needs.
1 person likes this
@TeamCholent (2832)
• United States
3 Sep 11
I myself just use Mylot for the fun and to learn new things. I do save the money towards a house. Sure it is not a lot of money but its an extra $10 here and there which in this current economy can be life changing. I think the easiest way to earn here is if one doesn't post to earn but rather to discuss issues etc.
Best of luck with the investment!
@naseemkum (1803)
• India
3 Sep 11
I think every newbie is planning to earn atleast 10$ from mylot. So we have to plan what can we do for that 10$
@Oldsix691418 (3872)
• China
3 Sep 11
Hehe,I have no detailed plan with it,I just do posting to learn something and make friends from all over the world as long as I have free time.On the other hand,I haven't invested other earning sites and my earning is so tiny that I never want to plan it.
@fashionfever (2200)
• Indonesia
3 Sep 11
I have not get payment from mylot but im quiet happy with the earning, the earning is more than what I expected. I have plan to save the earning to travel with my friend in the year 2013, such as a long plan but because we have a lot of activities, busy with work and school so we cannot travel now. And I hope by that time we can earn more money so we can travel to different places. I have plan to backpackering to several places. It is nice to earn extra pocket money and gaining knowledge on mylot. There are many members who inspired me to travel and they shared their travelling tips thats I can use when I travel later. I believe that mylot will still paying its members in the year 2013, because I see mylot has been established more than 5 years and have no problem to pay its members.
@naseemkum (1803)
• India
3 Sep 11
Its true that mylot is life lasting atleast 20years but everytime when we reach minimum payout sure to make withdrawal then its ur wish to spend in different things.
@kundanraj (660)
• India
3 Sep 11
I fell i am not going to get my payment as early but when i got i will not do any thing but may use on me the things that need to do then
@bellamommy08 (14)
• United States
3 Sep 11
I have just started and I have no idea how much I will make. But I am looking to make extra money to help with bills or even to save since I am moving to a bigger place and times are tough. I currently work a part time job as well.
@owlwings (43910)
• Cambridge, England
2 Sep 11
I think that you will find that the RBI insist that you must transfer any money you receive in PayPal to your bank account within 7 days of receipt and also that you will not be able to use a PayPal balance to pay for anything at all outside of India.
These are not PayPal's restrictions. They are your own country's rulings.