Sunday, 2 November 2008

myLot

For some time I have been looking for various ways to make money online. I have found a few services that do pay regularly for completing surveys, searching, clicking adverts or taking part in competitions. I have noticed that those that pay well tend not to last long, probably because of cash flow issues.

There are plenty of services that do not pay well (if at all) and so are not a particularly efficient use of my time. Paid to Click (ptc) services stand out in this respect as they only credit a fraction of a cent per click, so you would need to click several hundred links to earn one dollar. I am also wary of scam sites: as is often the case, if something looks to good to be true then it probably isn't.

A few months ago I signed up to myLot. This is a social networking site offering similar services to facebook, bebo and myspace. While myLot is not as sophisticated as these other sites in design or in the variety of services offered it does pay money to those who contribute to the many discussions, upload their photographs and refer their friends. Also, if you write a blog you can use myLot to promote it by adding it to their blog directory.

I have found that I am paid a couple of cents per discussion comment. MyLot make payments monthly via PayPal or moneybookers.com as long as you have at least $10 credit. I have yet to receive payment myself, but I have seen many proofs of payment and no accusations that the site is a scam. When I do receive payment I will write another article to show it.

So, if you need a little bit of extra cash and would like to join an online community that is part Yahoo! Answers and part lo-tech facebook then you could do a lot worse than signing up at myLot.

My myLot profile.

4 comments:

Steve Hayes said...

There's a place called Yuwie that does the same thing -- how do they compare?

janis said...

I also joined myLot, but i seldom check it lately. and even if i do check it, i seldom join discussions...
but i do want to continue with it. i just forget to login most of the time ... hihihi!

MakingMoney said...

I'm a member of mylot as well. I haven't been active with it in awhile though. I haven't reached the minimum payout with them but I have heard as well that they do pay, so if it interests you hang on in there. I prefer paid to clicks myself over social networks in my many online adventures. Hope you do well with it & best of luck to you!

Stepterix said...

Thanks for the comments everybody.

SH: As far as I can tell Yuwie pays you according to how many people visit your page. myLot pays you for what you contribute, that is, you get money for taking part in discussions.

J: I forgot to sign in for ages, but when I did I noticed that one of my referrals had been rather busy and I was surprised to see how much I had in my funds. I have since been much better at contributing there.

MM: I find PTC to be too much work for too little benefit. I suppose that typing a comment on a discussion is more effort, but I get more out of it than just the money. I didn't feel like I was getting any extra value out of clicking on endless ads. Horses for courses though, and I am glad that there are a variety of opportunities to make money online.