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Saturday, March 1, 2008

The truth about making money online part one

For the past few weeks I've been searching for money making strategies online and I'd like to share my thoughts on this topic.

As everyone else I wanted money as fast as possible as much as possible without any actual work. Soon I came to realize that this isn't possible though.

Everyone wants something for nothing but in reality if you want some money (even on the Internet) you have to give something in return. Only those who have services to offer would get paid in the end.

I've first started with online paid surveys, filling some stupid surveys with whatever I want and get paid for it sure sounded like a fortune making scheme. The drawback of these sites are always the same thing they have a limit to when you can take out the money you've earned and they always find a way to prevent you from reaching that limit.These sites can be divided into 3 categories:

  1. These sites have an insanely high limit and give you a small amount of tokens you should collect for ages to receive your cash. The good thing about these sites is that at least you'll get your money in the long run and usually they offer you ways to get more tokens (referrals, site reviews e.t.c.). Spidermetrix is one of these sites and if you really want to get money with the least possible effort this ones for you it has a AU$50 which is a bit high (btw if you feel like registering don't forget to mention me in the referral box just type in yamiga). Another one still in this category is Lightspeed but with a $5 minimum cash out which is pretty good.
  2. The second category is for sites that literally prevent you from reaching their cash out limit. These sites usually start of inviting you for surveys promising $10-$20 but after a 12 minutes of question answering box ticking horror you'll get a thank you message saying you only get $0.25. But you wont delete your account that easily, after all filling two surveys a day for a quarter will give you $7 a month that's still pretty good considering you don't need to do anything exhausting. But as soon you get a little close to that dreamy cash out limit BAM! No more survey invitations, no more half a dollars a day, and certainly no pay out. Clearvoicesurveys is a really good example of this category, after reaching $1 they never sent me an e-mail again.
  3. I highly advise you if you still want to sign up for a paid survey site to beware not to fell victim to this last category. Although i haven't met with this category yet (that's why I can't post an example) people say they really exist so stay on the look out for them. The sites in this category use you to fill surveys but they take all the credit for it. Usually they set up a high limit and either delete your account before reaching it or simply not giving you the money you've earned.
That's all for part one I'll continue with my experiences on making money online sites in a few days time until then don't forget to be on guard when dealing with these sites and don't expect much from them, more importantly the ones promising to make you rich in a couple of days are the ones most likely to be scams.

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