Life is hard - yes. What my salary could by last year, week, month or even night for that matter, it cannot buy now. I was never really able to save much before so it is exponentially harder now. I do manage to save but those are as a result of compulsory savings attached to a loan I have running so I guess that's not half bad - guys, join a credit union somewhere. I am not talking the COKs or the big ones who are almost as terrible as the commercial banks. I am thinking of one that small and has a little niche thing going on. You will be pleasantly surprised how easy it is to deal with one of the smaller credit unions.
Anyway, to the matter at hand, making money online. Let me point out one thing before I go any further, please do not expect to make zillions of dollar or to see money rolling in overnight - unless you are very lucky or are among the first to be a part of the next big opportunity (or scam). All methods are some of what I have tried and have actually seen money coming in albeit slowly and unpredictably, but money comes in nonetheless and a little extra never kills.
I know you want to get the details but to be able to make money you will need somewhere to keep it - right? Since accepting payments online on your own is very hard I suggest getting one of two of the following:
For me, I have both accounts and I will proceed to explain the pros and cons of each.
Paypal
This is pretty much the de facto paympent processing system on the internet. It is as ubiquitous as kitten memes, and that annoying Gangnam Style video. From my very very informal personal survey it is used by more than 75% of the sites I have shopped on and everybody and their dog has a Paypal account. Once you have access to email you can accept paypal payments. The fees to both sell and to receive money through it are fairly small that you should not complain about unless you are this woman.
So, if you have a website that sells rocks or people's toenails or whatever curio you may think is a sure-fire way to make a quick dollar, then you ought to go paypal.
Aah, but not everything in life is all about smooth-sailing right? Yeah, if you are lucky enough to have happened upon the next"new hype" that sells like Moringa leaves, pod, seeds, sap and pretty much every imaginable aspect of the tree on the streets of Kingston and Montego Bay, and you plan to peddle your wares on the good old "interweb" then a paypal account would serve you well but the one drawback I found is in order to take advantage of your new found wealth, you would have to request a cheque from paypal and wait for it to be mailed which is typically 2 weeks and then you have to wait a further 30days to have that cheque drawn on a US bank to clear. Well, if you are making money hand over fists then that shouldn't be much of a problem. There is fee for each withdrawal of US$5, this can be avoided however if you are lucky enough to have a US bank account to which you can have the money wired. There are also monthly spending limits and sending and receiving limits, these limits can be raised if you have a verified account, this can be done by inputting your credit card details. What's that, you don't have a credit you say, well, you can open an account at the Bank of Nova Scotia (I hate commercial banks like a strong dose of poison and politicians), they will give you a Visa debit card that acts as one once there is money in your account. If the little hurdle of getting a Scotia account is too hight to overcome then you are hopeless and should consider other methods of earning a living.
Then there is...
Moneybooker/Skrill
This happens to be my favourite, like Paypal, people can pay with their credit cards or Skrill/Moneybookers account through all the ways Paypal allows, they also apply fees per transaction much the same was as Paypal but they take it a bit further, they added the one thing Paypal overlooked which is allowing persons to wire money to their personal commercial bank accounts regardless of the country, this attracts a pretty standard US$30 fee per transaction and the money is usually in your account and clear within 24 hours - neat huh? That little extra thing is what makes me prefer this option. However if making a little extra online is on the books for you, and you don't already have accounts with them, then visit the sites and have a look around.
I notice that we are not particularly fond of reading so I will save the meat of the matter for my next post which will be available here.
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