A few money tips for internet marketers.
Having my main source of income from the internet for a little while now, I thought I'd share a couple of tips that have helped me.
1. Make sure to pay yourself.
- When I first started making money with websites, I would pour every last penny into marketing. What helped me was getting a high % savings account at a bank that was different than my normal bank.
Having it at a different bank helped me to get both a higher % but more so to not just impulse spend it (because I had to transfer it to use the money).
I recommend HSBCdirect.com... they pay 5.05% interest on your savings account... no fees... and you can start an account with $1.
I normally pay myself 10% of every check / deposit I get.
2. No interest credit cards...
- I cant tell you how nice it has been to find a good credit card with 0% interest for 12 months.
I found a great credit card offer from householdbank.com - 12 months 0% interest (on all purchases and transfers) and 2% cash back!!!
householdbank.com has actually been really great. It helps me to make more money because every advertising dollar I spend I get 2% back
(PM me for an affiliate link if you want to help me out
)
3. Watch your figures.
- Be sure to watch every cost to make sure you're making more than you're spending. I own about 30+ sites that I make money with adsense/YPN. At first I would spend so much and not watch how much I was spending that I thought I was making a profit when in fact I was not.
The owner of Godaddy.com puts it best, "All figures that are watched will improve." Be sure to watch every expense and know your Returns.
That's it for now.
Jonathan V.
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