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What should I do with my mylot earnings?  email this discussion to a friend?

myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com 5 years ago

Okay, so I've just been paid today and I'm SO ecstatic. I got around $29.84 because I missed my first payout so it's an accumulation of my earnings for the past two months. I'm just a little torn on what to do with my earnings. If I withdraw it from Paypal, and since I don't have a US bank account, I would have to go through another payment facility, and with their processing fees and the exchange rate, I would probably have around 5 dollars deducted from my earnings.

On the other hand, if I don't withdraw it, I could spend it buying stuff on Ebay, but then there's another dilemma, what would I buy? There's this figurine collection that I'm doing and I'm thinking of probably buying some figurines (See attached picture), or I might buy this cute stuff toy, or probably some appetite suppressants because I'm struggling with my weight loss.

Then I thought of investing it, but where?!!

So you see, what should I do? Withdraw it and have cold cash with me (less 5 dollars), spend it, or invest it? If you were in my shoes what would you do?


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tags:  mylot, earnings, paypal, earning, money
 
1. myLot reputation of 97/100. lightningMD (5644)   ranked 2,311 out of 27,453 in mylot.com   5 years ago

I was paid 32.17 yesterday. I'm going to purchase a home depot prepaid card with my earnings. We are redoing the inside of our house and every penny helps. I am also close to having enough in my sendearnings account to cash out there to. I've been having fun earning money for our projects.

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2. myLot reputation of 85/100. oneandonemakesix (23975)   5 years ago

Ok, if I were you, and it was this moment I'd be buying practical things like food.....(ok I have 2 paypal accounts), and I can transfer the money to the one that I have the debit card...I have all my payments go to a free account to cut down on the incoming fees for my 'premier account'.

But truthfully...hmmm what does 30.00 almost buy you.

add 5.00 and you can get a club Pogo subscription....

Save it, and add a couple more months earnings, and get something you really want...t ..

I'm trying to avoid ebay right now as I don't have the money to do fees and the like but if I could sell some things on there it would be helpful....so this weekend I think I'm going to do that too.

I just dread ebay as people want bargains but don't want to pay the increased shipping charges now that the post office is going to raise the rates again...

UGH...

Mooch


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

I can't do food right now, I'm on a diet. I don't mind ebay though because I usually find great bargains even with the increased shipping fee. What's a club pogo subscription? Is it available outside US?

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3. myLot reputation of 83/100. karthik26_89 (239)   ranked 1,803 out of 27,453 in mylot.com   5 years ago

Hi Natalie.Congrts on reaching $29.84.Why not do like this?If you have any friend of your who libes close by your house or who is reliable,transfer your money from your account to their's account and then get it out from them.This could be really good.But do this only if you have a reliable friend.If you want to buy in ebay then its always better to buy something which would be very useful.It can be e-books or Cd's or anything which interests you.Good Luck.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

The problem is, I live outside the US and most people from my country don't have Paypal, I'm probably one of the few who has one so the only option if I withdraw it is other payment processors who do charge a bit for their services.

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4. myLot reputation of 96/100. jc_star10 (799)   ranked 3,042 out of 27,453 in mylot.com   5 years ago

First of all, congratulations natalie. That's good. My opinions are you better buying something on E-bay, at least you have nice goodies to remember your achievement in mylot..LOL. If you collecting some figurine, that will be nice. But if i was you, I rather buy some cute stuff toy.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

Yeah, I really want the stuff toy too. Oh wait, I'm going to attach a picture of the stuff toy I want to buy...

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5. myLot reputation of 69/100. jurazg (293)   ranked 3,253 out of 27,453 in mylot.com   5 years ago

You cash is pretty big. Well done!!! I am not US citizen so I can't use Paypal so easy, I mean I can't get in my bank account. I use e-gold but now there are some problems with it for which I hope will not exist anymore. I have only 5,6$ in my earnings, although I would like to write more, but I can't cause I really don't have spare time.

Now if you want to invest on internet, PayPal will be a problem. There are not so many PayPal investment sites that you can use. I know for one very good e-gold. It is please-invest.com (http://www.please-invest.com/?ref=JURAX12) They give me daily profit from 1-6% and looses are very rare. I haven't got any for 9 days. I have invested 1$ and now I have 1,70$ in about 15 days. Imagine what could you do with your money. You could get more that 1$ a DAY. Good luck if you want to use e-gold.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

I think please-invest has been marked as a scam site. And with the problems e-gold is encountering nowadays, it would probably close down soon.

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6. myLot reputation of 97/100. Marie2473 (5321)   ranked 65 out of 27,453 in mylot.com   5 years ago

If u invest you gotta be prepard to loose it all. all investments can be a risk =)
I usually spend it on ebay. I surf around looking around and I always end up finding something That i want and cant live without *lol*


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

Yes, I probably would spend it on Ebay. I mean I have to get my money's worth and I don't think I really like the idea of having 5 dollars of my earnings go to someone else's pocket so I'll probably surf around ebay and see what's good. THanks.

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7. myLot reputation of 97/100. Calais (7020)   ranked 244 out of 27,453 in mylot.com   5 years ago

Oh go and spend it on yourself at Ebay.....lol. Thats what Im doing, why not, you deserved it.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

Thanks, I'm surfing now at Ebay as we speak.

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8. myLot reputation of 94/100. terry11 (1080)   ranked 1,338 out of 27,453 in mylot.com   5 years ago

If you are not in a hurry to spend, don't worry about what to do with the money.

Allow the deposit in paypal to grow with each subsequent payout from mylot. Accumulate till you have a sizable amount before you cashout from paypal. In this way, the cost per transaction will be kept low.

Of course, your last option is to donate into my paypal account ... lol.


myLot reputation of 93/100. rabi9634 (408)   ranked 7,493 out of 27,453 in mylot.com  5 years ago

Ditto to that. Set a goal and save up for it.

Also, paypal has a moneymarket option that lets you earn some extra with the money you have in the account. It's not much, but it is a bit extra every month. I filled out some surveys that required paypal back when paypal was first getting popular. The 5 bucks sat in there with their moneymarket program, and after a few years I was up to 6 bucks. Once I started keeping a decent amount in there (over 200), the dividends started to be a bit more appealing.


myLot reputation of 94/100. terry11 (1080)   ranked 1,338 out of 27,453 in mylot.com  5 years ago

Oh yes, before you decide to donate into my paypal account, you may want to know that above a certain transaction amount (I think US$75) paypal does NOT charge for the transfer out service. You can refer to paypal policy for the exact amount.

To do this you need to link (verified account) your paypal account with your bank account and the transfer is free.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

LOL. Nah, I think I'll just keep it rather than donate it. The problem is, the higher amount of money I try to withdraw from the third party payment processor, the higher the service fee.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

@ Rabi, Unfortunately, Paypal Singapore doesn't offer the money market option. I've already heard about and was interested, but I just couldn't find the moneymarket option in my Paypal account so I concluded that it's probably only available to US citizens---as always. LOL.

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9. myLot reputation of 64/100. ydiwan (376)   ranked 3,843 out of 27,453 in mylot.com   5 years ago

ok i think i have the right idea my suggestion would be invest it some e-gold scheme it has been running good and i know people who have converted jus 1$ into a few hundreds so my suggestion would be to surf some e-gold investing sites and deposit the money and invest with them and this again just an advice the final call is ofcourse urs all the best and happy spending


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

@ Rabi, Unfortunately, Paypal Singapore doesn't offer the money market option. I've already heard about and was interested, but I just couldn't find the moneymarket option in my Paypal account so I concluded that it's probably only available to US citizens---as always. LOL.


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

LOL. Sorry, Ydiwan, I commented on the wrong response. Well, I opted to have my payment sent to my Paypal account and E-gold is having trouble right now and most of the e-gold scheme out there turns out to be a scam. Thanks for your input though.

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10. fifi2007 (68)   ranked 16,264 out of 27,453 in mylot.com   5 years ago

buy a gift for your mom


myLot reputation of 98/100. natalie1981 (1384)   ranked 273 out of 27,453 in mylot.com  5 years ago

Thanks, but it's rather too late. It's already Mother's day Here and I already got her a gift. So I'm probably buying something for myself at Ebay.

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