Changing Payout Amount

I have not thought about it. I actually have not posted a lot lately on Mylot so I am not making much. I will leave it at the minimum for now.

I don't see why I should do that. There isn't any limit to how many transactions a month for paypal anyway. For me, the important thing is to get paid or to have the money I earned transferred from myLot to Paypal and ultimately to my personal bank account. Yes myLot has been here for the longest time, but we are not sure how long. Just sharing my opinion.

I actually changed my payout amount a few months ago. I had it set to the minimum amount, but after my husband pointed out that it would be better to let my earnings grow a bit, I decided to change it to the maximum. Okay, so it will take me forever to reach it, but I'm not in any hurry to receive it.

It has crossed my mind, but some months I have not enough for a payout as it is. I'm only getting a payout once a month or once every other month, so I don't think it's that big a deal in my case. If it was once a week, definitely! Take care.

Yes! I've been earning more money faster lately and I've been thinking to increasing my payout. I believe paypal would take less fees off and I would save. Plus I hope that this will encourage me to reach for higher goals. I have a lot to save up for right now and I relaly have to keep my eye on the goal.

I keep my payout at the smallest amount because I know that I will get that amount with no problem. I suppose though that if I were wanting to save for something special, I may would change that payout at least for a while.

I keep it the same....build it up in paypal then transfer it....I just sold something on ebay for the first times so I'm just keeping it there for now.

I already changed my payout amount to $25. I want to ger as much money as possible to my paypal account and like you not have to transfer it so often to my bank account. Also I don't want to get whatever money I earn here and then go out and waste it on things that I don't need. So I'm going to wait and then get it when college starts because like that i'll have that money to buy whatever I need for college like my metrocards and other small things.

i have been thinking of that aswell.... getting a lump sum amount is always better than getting them in trickle. But when the payment date arrives i always opt for the payment of what ever balance i have.

I just let the money I earn here sit in my paypal account because, so far, I haven't needed it for anything. I've never really thought about it though but I guess if you're going to be transferring the funds out of paypal immediately it would make sense to wait.

Hi carolbee, Yes I thought of that, it like savings and all the time your on the net your money is going yo and when you have enough money you want then you can transfer int your bank account and you'll have nice amount of mone there or should I do that? Love Tamara