MyLot Can Help You Be Debt-Free
By keshlois143
@keshlois143 (713)
Philippines
June 13, 2011 6:42pm CST
This is really interesting idea. Many of people from different corner of the world now are having a problem on debt management. we all want to be debt-free because having no debt at all means a super sound financial condition. Nevertheless, debt is one of the major products of a lot of financial institution so we cannot deny the existence of it. Yet we have all the factors needed to eliminate or at least to lessen debts. It is just a matter of management. That is managing our money very wisely and diligently handling other sources of income such as no other than MyLot. Yes, joining in this network will surely help us get out of debt. But of course, we have to invest a lot of effort here as well. It is not really easy to get freedom from debt but we have the means to really get free from it. Keep on logging in MyLot and you will find yourself gaining more and eliminating debt gradually.
2 people like this
11 responses
@donsky14 (5990)
• Philippines
14 Jun 11
I agree...we don't really have to invest [financial wise] here in myLot...we just need time to earn here. But it does take a lot of time before we could earn here. And I don't think 10$ every payout will resolve our debt problems. It will add help though, but solving everything...not really. 
1 person likes this
@polaris77 (2039)
• Bacau, Romania
14 Jun 11
I'm afraid Mylot can't help us become debt-free even if we spend the entire day on it;it's a great site from many points of view,but it can only help us gain some extra money and maybe pay a bill a month,but it can't do more,I don't see how it can help us get rid of debts,we need much more money for that.
@Hatley (163772)
• Garden Grove, California
14 Jun 11
hi keshlois143 yes slowly if you have the time you can get out of debt mylotting but you need to spend enough time here and do quality posts
to accomplish that.Yesa effort and good quality pay dividends as so many refuse to learn here. I keep suggesting they learn the rules but nobody seems to care to do that which is hard for ,me to understand myself.
@GemmaR (8517)
•
14 Jun 11
You have to be careful about earning money online, and remember that you spend money by being online anyway because you have to pay for your internet connection and your electricity if your computer is plugged into the wall. If you could use a public computer library, then you would make a lot more money (providing you didn't have to pay for this) as you wouldn't be spending money on your connection or anything like that. MyLot, and websites like it, have helped me to get out of debt as I have earned a lot of money online now, and I am beginning to think that there is a possibility that this could actually be a long term career for me rather than just a bit of fun every now and again.
@SIMPLYD (90717)
• Philippines
14 Jun 11
I think our earnings at Mylot cannot make us debt free. But through it, we can gain knowledge on how to better manage our finances.
It would be better if you assess your spending habits. Try to minimize having wants. Concentrate on just meeting your needs and at the same time simplify your needs. Simplifying your needs would help you trim down expenses. That way, you can use your other money in meeting bills.
By continually being thrifty and living within your means, plus doing Mylotting more, will little by little help you to be debt free.
@sswallace21 (1824)
• United States
14 Jun 11
This is an interest way to think of getting out of debt. I'm going to guess your debt is very small. I love Mylots but I really don't think it's going to help me get out of debt. The discussions and responses are what I enjoy here. I don't think about any balance that I may or may not have. Best Wishes!
@peavey (16936)
• United States
14 Jun 11
I don't think you can get out of debt with what is earned here but the information from others who are doing it can help quite a bit. Not just earning money, but knowing how to handle the money you have and how to stretch it as far as it will go while saving part of it, is the way out of debt. I have been debt free for around 10 years now but have recently been hit with some medical bills. I will have them paid off in short order if I work hard at it. Very few have to be in debt.
@daeckardt (6237)
• United States
14 Jun 11
It will take a very long time to be able to get out of debt with the little bit that you earn here. I have been paid 5 times over the last three years (most of the time I was inactive), three of them were this year alone. You are right that it takes a lot of effort, but it is possible to get some money. It is better to not worry about the money aspect of being here though. The advice you get by being here is far more valuable than the little bit of money that you earn unless you have a large active downline and you do a lot of other things as well. Happy mylotting!!!
@hardworkinggurl (37062)
• United States
14 Jun 11
If one was to strictly consider myLot earnings as earning specifically to go towards the debts, but also have an offline and or online job where they are earning a routine income. Then I would say the earnings can be applied to the debts to lowered them easily. But myLot earnings a lone will not suffice to pay off debts with.
Though I do earn well here myself as I do earn each and every month. I can honestly say, it is not enough to live off and or strictly live with to pay off my own debts. Therefore, it also depends on the debts one has as well.
@abatencila (970)
• Philippines
14 Jun 11
Not really. Mylot for me is not work at all, it is just one way of expressing yourself and unwind. Our earnings here can help but will not suffice all our expenses. It is better to have a regular job, of course if you really need to be debt-free. Good luck to us!
@alquizar (480)
• Philippines
14 Jun 11
It's a good story of yours,I have no debt as of now and I am not used to it but I am enjoying responding to the discussion here in my lot.It help us a lot too from the advices of other people like you.For sure their are lots of people have the same situation like u do and my lot really help them too.Yes,we should also give a lot of time and effort as well so that my lot will reward us.
