Mylot and the art of saving

@else22 (4317)
India
December 16, 2012 5:42am CST
I am not a veteran here in Mylot,but within a short time in the site I have realized that it is a site that teaches us how to save.As it is not a site for making money,we earn a little here everyday depending on our activities.I earn almost 10-15 cents everyday.Sometimes my earnings are less than 10 cents just because I am too busy to participate more here.But now I have reached my payout and very soon I will have some 10 plus dollars in my bank account.I have earned these 10 dollars by earning just a few cents everyday.Don't you think that we,the members of Mylot,learn here how to save? If we save only a few cents everyday,our savings will turn into dollars after sometime.
6 people like this
26 responses
@AdalieM (1134)
• United States
16 Dec 12
When I'm on mylot, I try not to think too much about the money, to be honest I just love posting here everyday. But I agree with you, mylot is like my savings account, every single penny I earn while I am posting here keeps on adding, and if I don't spend it, I can easily have over 100 dollars at the end of the year. Of course that depends on how active you are on the site. I also do some of the task around here.
2 people like this
@else22 (4317)
• India
17 Dec 12
Hi Adalie,you can't spend your earnings here unless and until you get it withdrawn and you can't withdraw it until you have reached the payout.That way we learn here how we can restrain ourselves from spending unnecessarily.I agree with every word that you have said here.
@francesca5 (1344)
16 Dec 12
That's an interesting idea. I hadn't thought of mylot that way myself, but yes, it is, for many, about a very small amount every day turning into a larger amount. I do feel, however, that I have learnt a lot of things from other mylot members, even if the value of frugality is not the lesson I feel I have learnt from the mylot earnings system. Its more taught me about managing time, and valuing it more, as its quite nice to earn a small sum of money when doing something enjoyable.
1 person likes this
16 Dec 12
That's a valuable lesson to learn as a student. I don't know when I realised that saving small amounts of money was a good thing, I think its just going shopping and seeing how quickly the prices go up, and the money disappears. I think we all have opportunities to learn what we need to, and I like what I have learnt from mylot, though maybe over time it changes, but then again I may be reading too much into it all.
1 person likes this
@else22 (4317)
• India
16 Dec 12
I don't think so.Prices are going up,but we are making a little money here and it helps us to counter the skyrocketing prices to some extent.I have learned valuable lessons from Mylot.Would you believe me if I say,it has also improved my speaking skills in English?
1 person likes this
@else22 (4317)
• India
16 Dec 12
Hi francesca,I too have learned a lot from Mylot,but the most important of what I have learned here is the art of saving.The idea came to my mind a few days back when I reached the payout.Being a student I can't devote much time here.Otherwise I would have earned more.But now my bank balance has increased by these 10 plus dollars that I have earned by devoting less then an hour everyday on Mylot.
1 person likes this
@lkbooi (16070)
• Malaysia
17 Dec 12
Hi else22, if visiting this site just for money purpose I don't think I would stay here for so many years since the first day I have become member I participate in activities I'm interested randomly and comfortably Yeah, how much penny we could earn depends on how much time and effort we could put in here. You are right. The few pennies we made daily will pile up to be the minimum amount we set. For long term it would be quite a big amount. Yeah, from this I learn that many a little makes a mickle. Lol...there are lots of fun to spend our leisure time here and earn money at the same time. Happy posting and keep on posting and piling up the cents made here
1 person likes this
@lkbooi (16070)
• Malaysia
1 Jan 13
Yeah, from the time and effort spending here to accumulate our earning. We realize deeply how difficult to reach the minimum of $1. Learning from this we have to spend money frugally and resist to buy expensive items that don't have any practical use in daily living. It means that posting here not only can acquire knowledge, meeting beautiful people from different parts of the world, learning and enhance language, making some pennies and the great advantage is to save and spend our hard earned money frugally on useful items Happy New Year
@else22 (4317)
• India
17 Dec 12
Hi lkbooi,I agree with every word you have said here.It is really pleasant to see here how the cents or pennies earned here go on piling up and turn into $10 or more than that.You can't draw your earnings here until you have reached your payout and that's how we learn to restrain ourselves from spending our hard earned money unnecessarily.
1 person likes this
@sriroshan (2585)
• India
17 Dec 12
Yes Mylot makes us learn many thing in our life. As a child our parent had thought us how saving a single penny per day we can make big amount or cutting our expenses and saving some money will surely helps us when we are in need. Mylot is is not just the place to earn some money but I can say this is a place where we can learn lots of things in our life. I like the way you have compared Mylot to Saving. But other then this Mylot is a place i.e. it's like a school where we can learn a lot by gathering some new knowledge and sharing our knowledge with others.
@sriroshan (2585)
• India
13 Jan 13
Since your parent have guided you or have asked you or teaches you how to do saving I am sure you can teach your children also same thing. It is always better to pass on generation after generation such good things/deed to every one.
@else22 (4317)
• India
17 Dec 12
Hi roshan,our parents used to ask us again and again to save money and we see it happening practically on Mylot.We earn cents everyday until we reach the payout and then we see our earnings multiplying everyday and piling up to 10 dollars ultimately.That's really enlightening.It teaches us how regular small savings work miracles.
@hereandthere (45651)
• Philippines
17 Dec 12
it's only dec 17 so i hope you keep on participating until the clock at the bottom of the page says dec 31 23:59 pm so you'll receive $11 or even $12 by jan 15th. if you're busy, you can make mylot your homepage and use the search bar to earn rewards. it helps add to your earnings, too. like you, i have sites that i drop in on when i have time and i'm in the mood to "work" there, but i just think of the earnings as something "for the future." and sometimes, payout from those sites comes just when you need it.
@else22 (4317)
• India
17 Dec 12
I have already crossed my payout and slowly proceeding towards making it to $11.But till now I have not used Mylot search engine to earn.Actally I want to see how much I can earn by responding to discussions and initiating new discussions.
• Philippines
18 Dec 12
you can make mylot your homepage or portal to other sites you frequent. i like the surprise of receiving 14 cents, 16 cents, or 19 cents every few days. it makes up for the days i'm here but not very active. mylot does encourage us to use it after all and i don't think anyone would refuse such a bonus.
@Hence27 (450)
• India
16 Dec 12
Mylot and the art of saving. You have raised a very good question and i think saving is important than spending.But if you go into deep,you can realize that you don't have to save for more earnings.You just have to spend your mind. Look,i am not giving less importance to saving.But if you think the situation like money-minded people,then you can say that it's far easy to learn instead of saving. Suppose,let us example of mylot. You can hardly get time for mylotting. But suppose you write in a manner like writing 3-4 para for each discussions and participate in other activities like doing tasks,search etc. and participate more in discussions(means,initiate new discussions,comment back to all of them and make responses etc),then you can understand easily you have to invest in your mind only.This is my way of thinking.Thanks for your nice post.
1 person likes this
@else22 (4317)
• India
17 Dec 12
You are right,Hence.But the point I want to drive home is not how to earn more from Mylot.As you know,most of here are not good at English.You can't expect them to post quality discussions and responses.They earn just a few cents here everyday.They go on earning paltry amounts everyday and one they reach the payout that increases their bank balance by ten dollars.I learned through it that I can save bucks by saving small amounts in the same way.That's what I want to say.
@Hence27 (450)
• India
17 Dec 12
Yes,i completely agree with you.Cents may turn into dollars in future and they will turn.Thanks for this discussion.
@cher913 (25782)
• Canada
16 Dec 12
yes, i agree with you because it is a good site to make your cents grow into dollars but the site requires patience and some people can't be bothered because there is no quick return on your money.
1 person likes this
@else22 (4317)
• India
17 Dec 12
Exactly,cher.Mylot makes us patient and teaches us the value of saving paltry amonts everyday.Our balance here goes on increasing cent by cent everyday and then the day comes when we reach the payout- $10.This is an amount with which can be very useful in difficult times.
@mensab (4200)
• Philippines
16 Dec 12
yes, this is a good insight about our activities here in mylot. it is true thatw e earn a bit everyday. but once those small bits are accummulated, they pile up for 10 dollars. when that time comes, we are able to cash out and add that up to our savings. it may not be enough for anything, but we strive to earn more to add up to that bit.
@else22 (4317)
• India
16 Dec 12
Exactly,mensab,that's what I want to convey.If we go on saving cents and pennies everyday,one day our savings would get converted into dollars.We don't earn much here,but we learn many things while earning bits everyday.I have started saving a few cents everyday from my pocket money and the credit goes to Mylot.
1 person likes this
• India
16 Dec 12
You are right mensab earn a bit everyday but once gathered small bits are made up 10 dollar. This is our extra earning other than regular earning.
• United States
17 Dec 12
Yes I agree, I just got a new (old ) house and am watching every dime and savings can add up quickly if you cut out a coffee here a sandwich out there. Any excess for me is going into savings out of my paycheck since I have fibro and a bad kneee and have to plan for my knee giing right now I am using my online earnings to save up for a new computer.out....
@else22 (4317)
• India
18 Dec 12
Hi katylady,you have very clearly understood how money is earned and how many of us squander it foolishly.Small savings add up to big amounts.And since we have to strive hard to earn it,we generally don't spend it buying useless and unnecessary things.I heartily pray for your earliest recovery and wish you a dazzling success on this platform so that you may soon get financially able to buy a computer with your earnings from this site.
• United States
18 Dec 12
@katylady are you going to shop onine to buy that laptop or after you cash out your money?
@jenny1015 (13366)
• Philippines
17 Dec 12
That is so true! It is similar to what I tell my kids. Everyday we give them an allowance each. And I told them that each of them should be able to have individual coin banks wherein they could put in whatever is left from their allowance during that day. If they save more, they would surely have more money by Christmas and they can buy whatever they want.
1 person likes this
@else22 (4317)
• India
17 Dec 12
Exactly,jenny.Here we learn practically how to save for rainy days.Our daily small earnings go on growing and one day we reach the 10 dollar payout.And we all know how we feel then.Its really pleasing.We learn how to save here to meet our needs to some extent.That's really excellent.
@natliegleb (5175)
• India
16 Dec 12
that is a good and well observed remark i must confess because you made it so valuable and with so much information ideally
1 person likes this
@else22 (4317)
• India
17 Dec 12
For me too it was a valuable lesson that I learned from participating in Mylot for quite a little time everyday.Mylot teaches us how to save money for rainy days.
@prashu228 (37526)
• India
16 Dec 12
yes of course at first when i came here it was all confusion and slowly i started realizing the fact. when i participated here just for money i didn't earn too much and that's true . But slowing i started enjoying here started learning about people their point of views regrading certain things. The participation also increased my earnings increased but i didn't realize it until few days. This shows we should like and enjoy what ever we do. And yes few cents everyday helps us to make dollars we can learn a lot of things here.
1 person likes this
@else22 (4317)
• India
17 Dec 12
You are absolutely right,prashu.The more we participate here,the more we earn,but even if we don't have much time to devote to Mylot,we can earn just a few cents here by responding to two or three discussions everyday.These small earnings one day gets converted into dollars- an amount that may come handy in rainy days.
@mariaperalta (19073)
• Mexico
16 Dec 12
very true.. but like with me its fun and every extra few cents helps me. Im sure its the same way with you there. keep up the great work here. Im almost at payout now for next months.....
1 person likes this
@else22 (4317)
• India
17 Dec 12
You are right,maria.I enjoy being on Mylot and every cent earned here makes me almost ecstatic.Being too busy in my studies I am unable to spend much time here,yet this short time spent on Mylot has taught me how to save money.
• Greece
16 Dec 12
You're right. One dollar comes from a single cent. It also teaches us the value of one cent and what hard work is. Before I joined mylot, I dont really care about the centavos that i have, but now, I learned that if you only earn cents per day, then a single cent has a great value.
1 person likes this
@else22 (4317)
• India
17 Dec 12
Absolutely right,olivetree.You have very rightly said that Mylot teaches us how valuable saving just one cent per day may be.Cents make dollars.This is a truth that all of us must remember.
@sanjay91422 (2725)
• India
18 Dec 12
Yes I agree with you and I myself have cashed out from Mylot two times. I come here just to relax a little bit by talking about something that interests me. I think you also do the same thing, I don't care if I reach the payout this month or not, but I realized that the time I contribute here bears some fruit. It really teaches us the lesson of saving. Small amount adding everyday can make a huge amount one day. Every journey starts with the one step, and if you keep stepping only then you can complete the whole. Mylot is a very good site.
• India
19 Dec 12
Mylot really teaches us about the addition of each cents we earn on every day and finally giving us the payout. Such a way on earning really test our patience and plays an important role for the development of patience in our life. Along with it mylot teaches how pass time keep on going if we are free. Anyway I am glad to tell you that I enjoy mylot at my best. I hope you also do the same. Happy Mylotting.
@else22 (4317)
• India
20 Dec 12
Absolutely right,thewonderboy.Here we learn a lot of things including being patient and working hard to earn,and then we see how our small earnings turn into our payout.All this is really wonderful.
@crissy92 (91)
• United States
18 Dec 12
I guess I won't be getting that new car! Hahaha!
@else22 (4317)
• India
20 Dec 12
Keep waiting for....years.Save your earnings.One day you will get it.My best wishes.
• China
18 Dec 12
It's a not bad idea.But in my mind.It's no matter for how much money i can earn.i think there is a lot of things we can learn and a lot of friend we can make.we also can discuss everything with people form around the world there.
@else22 (4317)
• India
18 Dec 12
Hi Chris,you are right,absolutely right.We learn a lot of things from this site including how to save,and,indirectly,how to spend.In order to reach the payout,we have to work hard.Thus we learn earning money is all about working hard patiently.And then,when we reach the payout,we don't want to squander our hard earned money buying unnecessary things.Thus we become wiser.I don't think it is not a less important lesson that we learn from Mylot.Am I wrong?
@mranjaan (136)
19 Dec 12
Yes sure, i fount mylot is so information, even no website is like this website.. So much knowledge is here at every topic.
@else22 (4317)
• India
20 Dec 12
Yes,it's an excellent site.Informative and interesting.We express ourselves here and get paid for it.If we save our little earnings from Mylot,it will pile up as a huge amount.Thus here we improve our English,learn a lot of other things besides how we can save money.
@wuoakeyo (42)
• Tanzania
19 Dec 12
Waaoo! that sounds really good. I like your analogy Else22. My problem is that I have just joined so I have not seen how the earnings work but I must say that what attracted me here was what I read that postings earn money, unlike in other social networks. Is it automatic per posting or there are specific posts that earn the few cents? By and large, I agree with you that little amounts each time build into huge sums after a while.
@else22 (4317)
• India
20 Dec 12
Yes,our small earnings go on piling up and turn into a big amount.But I wonder whether Mylot can be dubbed as a social networking site.I don't think so.We don't use our real names here.Nor can we locate each others' real address.I think,it's a site for debates.