Archive for the 'Income' Category

What a relief it is to be rid of debt, plastic debt that is. Believe it or not, the actual Annual Percentage Rate of a daily rated credit card interest works out to 19.7% even when you pay your debt on time. That given the amount paid is more than the 5% minimum sum and if you take cash out from your credit card, it works to an almost whopping 43.9% APR! Sneaky but 43.9% even when you paid off your credit card cash advance as the way they settle your debt is as follows:
{Given You pay $1500 a month like me}

The LOWEST INTEREST FIRST
Means, the ZERO PERCENT Installment plan which you took to pay for that PC etc.

ie: The Monthly rate of say $190/mth is taken off first from your payment (your bonded with Maxis for 2 Years). The balance gets to pay these…

The Zero Percent Balance transfer which you paid 5% anyway upfront,
(Whatever the balance is available due, means say I transfer $5000 for 6mths, it’s $833)

What is left is $877 paid for these.
Then the Credit Card Annual Fees (included as 2.5% Exchange Fee)

Then it pays for your Lowest Rate Retail Purchases, if Any.
Then the Finance Charges due last month and this month ($450 this month!!)
Then it pays for your purchases ($427 )

Means, these will come back to haunt you:
The Cash Advance FEE 5% a month
The Overseas Transaction FEE 2.5% of the converted amount.

YIKES! You think paying $1500 of the $30000 owed will pay for your bills?
NAH! It pays only for $427 of your purchases.

STUPID?! You bet your paycheck on it!
TAKES YOU 73 months to pay off your debt!!
73 Months or 6 years plus to clear off a debt that you take thinking you save money by paying the minimum sum. FORGET what they say behind the RHB Card statement… it’s bull crap. Not 24mths to clear off, but actually 73 months even without taking a balance transfer or even a cash advance!!

How to save yourself from it??

1) CUT IT UP!!
2) CANCEL IT. There goes your credit line.
3) Sell all your gold NOW (Pajak Gadai gives RM70/gram)
4) Uplift all your Fixed Deposit (why save on 3.4% interest when you get charged 43%!!)
5) Save your paycheck!! Spend on basic essentials only
6) last resort…seek help from Bank Negara. It’s called AKPK. They will restructure your debt and cancel the debt. But no cards or loans for next 3 years.

If you malu..ask money from Ma and Pa before Chinese New Year!

What I did? Well, I canceled my problem with RHB. They were a pain in the ass. Now I owe only the base amount of RM3000 which is about my 2 weeks fuel money. I have to cut my travel expenses now.

What is left? I have to clear off what is owed to CIMB. Yes..it’s a roll over,but at least no more interest. They lowered my rate to about 7.5% as I reduced it to a term loan instead.

A fresh start. A relief. No more Ah-Longs calling.I’ll stick to my Debit ATM Card from AM Bank instead and earn more points.

One of the things that I don’t like is parting company, be it with friends, relationships or affiliation to an organisation. Of the late, I had to choose or they make the decision and one thing that leaves a bitter after taste was with Pay Per Post, and to make things worse, being labeled the worst blogger of the year 2007 (NON-US).

It was a joke at first, and some, had their egoistic American sense of pride to it. So it was a dent to my side income, which is like my candy money.

Of late, Ming asked me to choose whether to stay with Nuffnang Singapore or Nuffnang Malaysia. I don’t recall the need to be so territorial with it, since Ming himself is a Malaysian working in Singapore, earning the sugar and honey from the island itself. Anyway, enough of politics and between us, I had to choose sides.

My Loyalty is to the Country and Beliefs, and be it so, but being faithful to the administration of where you are located is a must. Despite Nuffnang SG pays in Dollars and Malaysia Ringgit, it does not make much of a difference as the income is just petty compared to the sit about and watch income from Text Link Ads and other networks which are in US Dollars.

And so, I will be slowly removing my Singapore Nuffnang ads, because I don’t think I give enough value to my friends and readers alike. This is despite the SG Server granted me Glitterati status and the Malaysian one left me out.

Unless proven otherwise, I will take em out because I want to see variety of ads, not just some static place holder ads which brings an eyesore to me. Having said that.. my layout will look better and less of a clutter…

Anyway, that’s just me.

Did you know that you can install YouTube Widget advertising on top of your Google Adsense? Yes, you can make some extra money for showing up some targeted advertising video,like SEO, Webhosting, How to Make Money and the works. Just as how you target your keywords, the same can be done with YouTube.

I’m not sure how much they pay for viewing it, but I do notice my earnings are severely bumped up since I installed it on my sites. Average out to somewhat $15.94 for eCPM, which is about 72c a click or view. Which is better than just getting one cent per click or so. Yes, I believe Google muscled Adbrite from their BritePics method, where you insert the javascript over your images so if there is an advertiser who is interested in the ALT of the Image, it will show up over the image.

Anyway, it’s open to certain sites only, and I’m still in Beta. And what I believe is that it’s open to Publishers who have received payment and verified terms only. Which is great because they know these publishers are genuine and care about their traffic earnings.

Let’s see what gives, and you can insert this alongside with your Adsense Plugins.
Great huh?? Let me know if this work out.Or it’s crapping out my style.

Pay Per Post gave me for the last 60 days a whopping $1300! That was just for a single blog for a month and 3 blogs in a month, average of TWO BLOGS in use, which can yield an income of $600, in relation, $350 a mth easy based on 25 working days, and $7 per paid post.

That is alot of money and from what I report, its a good deal! Thank you God!

And did you notice for 28 days, with 5 Blogs, I managed to scrape thru $1500 alone. I am eager to see what Segregation will bring…more goodies for all I hope!

So with you site up and running, what options do you have to incorporate your income?
You can install the most common of them all, Google Adsense. Google adsense pays ALOT. Heck of alot of money if you know how to game it on. It will cost you a few thousands of dollars to learn how to do it and I will not condone such a scam. On average, you get nearly PEANUTS for that. So in a few mths and even in a year, you can’t touch $100!Especially if you are starting out.

So what other options? Adbrite uses a technology called TERRESTRIAL ADS which will come up as if it’s part of the page,just like a frameset, and allowing you as the visitor to scroll and visit thru the advertiser’s page. The advertiser gets his landing page under the bottom 600px high window. Some offer rubbish money and like me, I pick and choose, and as much as $500 CPM or click-views per miilenium (thousand).

Bidvertiser is another option, and so far, for past 1yr, I only gained $5 from my wife’s Cooking Pages and my BBS Community Photopages. It’s BAD. But it’s cheap to advertise on.

Some of these programs show image ads instead of text links, so look for them. It’s dermographically set for the US mainly. So if you have great US visitors, then you are in for the kill. Or buy them in. That I will cover in another stage.

Beginner’s Luck 101!~

There are alot of programs on the web offering good remuneration for their affiliation. But ask again, what is the best balance to implement into your site.

One Key factor that you must consider is the esthetics of the advertisement onto your site. Is it intrusive. Does it have alot of graphics and does it attract enough clicks that will convert into a sale? Does it really fit into your theme?

It’s easy said than done, especially if you need the big bucks. Porn and Gambling takes the highest rake as much as $250 per signup. But will your visitor appreciate you bombard them with such? And legally speaking, you are not allowed to promote Gaming and Porn to under 21 and also anyone in the United States. If you do, you will be rated as ABOVE-18 only. Meaning in some places,your site may be banned or filtered by the proxy servers or routers.