Have you been spending much more than earning?

by Derek on January 13, 2008

Does you guys have the same problem as me? Over the couple of months , i found out that i have been spending much more then what i have been earning. The amount in my bank is decreasing.. sounds like global warming? LOL.  So if we are in the same category, i believe we have to find some solution before we are “bankrupt” LOL. For me i have thought of two solutions: First, is to spend less. Secondly. is to earn more? Sounds stupid right? Although it sounds stupid, i believe it’s tactical. For me, i choose the latter, that is to earn more. So, as you have probably guessed, i decided to monetize my blog, using adsense, paid links, sponsors etc. Well, it doesn’t seems new as nowadays, with start-ups like nuffnang, adverlets etc, everyone has been monetizing their blogs. Even a small teenager aged 9 years old have the capability to make money online, which is rare and difficult in the past. As you might not have know, there are teenagers around around age of 9 years old earning much more then what their parents have been earning online in US! A case study will be founder of WhateverLife.com, she earned $2M at just age of 17. GIRL POWER!

Today is the second day of the challenge and i have been progressing. I just sold the niche site that i have created. And this makes me one step ahead to completing the challenge. This is the screenshot taken from my paypal. Buyer is “blurred” for respect of his privacy.

First Sale of niche site

As you can see from the screenshot above, its $48 instead of $50. Why is that so?Its because of those paypal “Suckers”. i mean money suckers, not the one you have thought initially.LOL. Thats how they earn money, sucking on the transaction fees. So by using simple maths : $500-$48 = $452. I guess i still have a long way to go….

PS: Arghh… weekend is over..

Quote of the day : “Every accomplishments comes with a decision to try”

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{ 4 comments… read them below or add one }

1 Pip January 13, 2008 at 11:11 pm

Hi,
I was the buyer of the niche site and am very happy with the deal and your quick response to my questions.
I see a good future for you.:-)

2 derek January 13, 2008 at 11:22 pm

Thanks alot

3 pip January 14, 2008 at 12:09 am

I will eventually convert the site over to php, I think you would be better off coding your sites in php for ease of use to the buyer.
You have my email address and I would 100% consider buying off you again.:-)

4 derek January 14, 2008 at 12:18 am

Pip.. thanks for the suggestion, will code it in php for my future niche sites. :D

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