The Number of Ways to Make Money Online Has Increased – What is an Affiliate?

Technology today allows people to easily access everything they need by a clicking away. Online marketing, online shopping, online gambling, online jobs the online world is definitely becoming more popular. The addition of portable online devices such as the iPad and more capable mobile phones has helped this trend. Existing businesses are trying to keep their profit and increase their market share by making money and doing business online.

Since experiencing global economic crisis the number of jobless people have increased and they are now more people dedicating time on searching ways on how to make income online. Online jobs such as home based freelance essay writing and home based data entry are among the popular search on how to make income online. People must be very careful in choosing the legitimate websites that offers ideas on how to make income online. However there are a lot of legitimate websites offering ways to earn.

One way of earning online is by advertising your product or services or other people product or services as a affiliate. When we speak of affiliate marketing, this means transactions between online businesses and website owners. Website owners make and post advertisements on their sites that support services and products of their business partner. Both parties involved in affiliate marketing achieve shares of profit. You can easily earn profits with affiliate marketing through these three ways:

PPC (Pay per Click). This is one of the most famous ways to earn profits in affiliate marketing. This generates money during every customer visit in one of the products websites. Website owners usually provide a link to the products official website Website owners earn profits with each click of the visitor. Click amounts can be dollars or cents, which relies on the commissions amount and product.

PPS (Pay per Sale). Similar to Pay-Per-Clicks, Pay per Sale is another affiliate marketing tactic. Website owners also advertise the products of their business partners on their site and gains percentage or profits through every sale made because of website advertising.

PPL (Pay per Lead). This becomes effective when consumers register at the products official website because of website owners advertisements. Commissions or percentage are already determined by each party and deposited each time consumers register. As you can observe, affiliate marketing is the best way of earning extra income without hard time pressures, and difficult tasks. Affiliate marketing only needs your website for advertisements and you’re ready to online riches. Website owners only sit back and wait for incomes to increase without doing any promotions. Business partners of website owners also gain advantage through affiliate marketing. Business owners only need to find credible website owners for effective advertising.

Make Money With a Dutch Betting System

Dutch Betting or Dutching has been around for years but it’s often been very difficult to place such a bet even if you have a strong betting system! This has all changed with the advent of Betfair and other online gambling sites and dutch bets are now very easy to place.

So what exactly is a dutch bet? Very simply it’s a multiple bet covering a number of outcomes. In horse betting dutching means we back more than one horse as potential race winner and the attractions are obvious.

Even if we have some excellent racing tips for profits there are often many differing views from the experts as to which horse will cross the line first. A dutch bet allows us to cover these and back moe then one runner. It may sound like an instant path to profits but trust me a robust strategy is needed!

Inevitably is we back more than one horse only one can win and we have to allow for our losing bets. We can do this by backing a combination of horses within a certain odds range. The foundation of any dutch bet system is some simple mathematics – actually this is the same for any betting system in my mind!

Backers of race favourites can make good profits but when surprise results come, as they do, they can hurt your betting bank. Placing bets on several runners can ease the pain of these surprise results and ensure more consistent profits.

Dutching calculators will complete some of the potentially complex calculations for you and are very useful. The system I use relies on level stakes and does not need a dutching calculator or the use of racing tips. I use Betfair for the system as it’s quick to place multiple bets and the odds tend to be 20% or more higher than many other bookies. At the end of the day Betfair don’t care if you win as they still earn their commission so you won’t get banned for using a dutch bet system!

The attractions of multiple bets on a race are obvious but don’t be tempted to leap in without a solid strategy. To learn more about dutch and other betting systems visit my Blog where I test and review the best and worst.

Book Summary: Safe Money Millionaire – Written by Brett Kitchen and Ethan Kap

Guaranteed retirement income is the name of the game. I think the financial industry has done their best to destroy trillions of dollars of wealth for a commission. I am fine with people getting paid for rendered services but there should be no fees in a loss market situation. We need to be thinking about preserving our capital as well as building it and NOT gambling our future away.

Why is this important to me?

I always want to ask this question as if I am sitting in your shoes. I don’t want to waste your time. How are you doing in your retirement? Have you made money in the last three years or are you still in a rebound from the 40% haircut that Wall Street provided in typical 401K plans?

The great housing burst was partially created by derivatives. Perhaps 100 people actually understand these instruments. Our economy was on the verge of collapse because traders needed to get their year end bonus. Selling financial instruments that can take down a banking institution with a simple 3% price movement is not the smartest way to go. Lehman Brothers, Bear Stearns and Merrill Lynch all proved this in 2008. Traders leveraged billions of dollars for millions in commission. I guess you need to go to Harvard or MIT to understand these trades but the math does not look to smart even to a 3rd grader.

Safe Money Millionaire is a good book that you need to read if you are interested in having a retirement. Rule #1 simply states don’t lose money and Rule #2 states – don’t forget Rule # 1. This book adheres to these rules.

Safe Money Millionaire is a quick read that covers several topics. For the sake of time, I will cover three key takeaways. The end goal is financial freedom and independence.

1. Breakup with Wall Street – If you invest strictly for Rates of Return then you are doomed. This is a one dimensional approach that does not work for the masses. Wall Street pitches investment advice 24×7. This is designed to attract sheep. Cramer from Mad Money recommended viewers purchase CIT Group because it was primed for an uptick. Four weeks later CIT filed for bankruptcy. This type of advice is seen all over the place. You are encouraged to buy Mutual Funds that have a high past performance. If you really think about this you are being encouraged to buy at a high price. To make money you need to buy low and sell high. Gambling is a sure way to financial ruin. You need to take your financial education into your own hands. You need to guarantee your principle and your rate of return. The key word here is guaranteed.

2. Pay Taxes on the Seed or the Crop – Farmers are allowed to either pay taxes on the seed or the crop. Which would you rather do? If you said pay on the seed then you are correct but this also blows your 401K logic out of the water. When you pay seed or basically invest in after tax dollars, you are locking in your future because you know exactly how much money you will receive back. If you decide to pay on the crop then it is not guaranteed how much you will pay because most likely the tax rate will be higher. To be a Safe Money Millionaire, you need to pay on the seed not the crop.

3. Financing Yourself to Wealth – This does not mean leverage yourself to the hilt with bank debt. Financing yourself to wealth means creating your own bank and then using your money efficiently to become wealthy. Why did Willie Sutton rob banks? Because that is where the money is. This strategy is one of the strongest I have seen and using the Infinite Banking Concept with a long term approach will absolutely secure your future.

Safe Money Millionaire is another book that highlights the Infinite Banking Concept and debunks traditional investment advice. In the book the authors quote Suze Orman. When asked what she invests in, she says: “I save it and build it in municipal bonds. I buy zero-coupon bonds and all the bonds I buy are triple-A-rated, and insured so even in the city goes under, I get my money.” When asked about playing the market, she says, “I have a million in the stock market, because if I lose it, I personally don’t care.” These statements are powerful because she invests in guarantee returns. The bond market is NOT the stock market.

I hope you have found this short summary useful. The key to any new idea is to work it into your daily routine until it becomes habit. Habits form in as little as 21 days. One thing you can take away from this book is Rule #1- Don’t Lose Money. Schedule 15 minutes each day to get educated on guaranteed investments like permanent life insurance, insured bonds and annuities to jump start your way to financial freedom. These require education on your part. When you do that and couple it with the Infinite Banking concept then not only will you be financial independent, you will become wealthy.