Withdraw PayPal Twice Successful

I got my Public Bank Visa Electron card early this month. The first thing that came into my mind was to withdraw my PayPal funds immediately. Just when I was about to withdraw my PayPal funds, I notice that my name printed on the screen (full name) doesn’t match the name printed on my debit card (partial name).

PayPal expanded number required

I looked for an option in the system to edit my name printed on the screen to reflect the one in my card. There isn’t such an option but I found something else instead. I noticed the phrase, “Expanded Use Number needed” for my debit card. I was worried that my withdrawal will be rejected if I do not complete the expanded use option first. That is why I postponed my withdrawal later.

A few days later, Joyce mentioned that her PayPal withdrawal was successful even without completing the Expanded Use process. That is when I immediately made my withdrawal.

I applied for Public Bank E-banking service and opened a savings account. That way, my e-banking application can be approved immediately. I was told that applying for the e-banking service for the debit card only may take weeks to complete. Anyway, the advantage of connecting the savings account and the debit card is that I can transfer funds from the savings account to the debit card (and vice versa) easily. To top it up, it is free of charge.

Withdraw PayPal Funds Into Debit Card Successful

To date, I have made two withdrawals from PayPal successfully. The first withdrawal was on the 12th November and the second one five days later. Both transactions were approved without any problems.

PayPal withdraw successful

The conversion rate for the first withdrawal is 3.3068. That is very low. The conversion rate for the second withdrawal is 3.3285. The difference is about RM10.

Public Bank ebanking statement shows PayPal funds received

Withdraw $500 Or Not To Withdraw?

Earlier, I read some concerns about withdrawing big amounts with a new debit card from PayPal. The advice given was to withdraw small amounts first and to make some transactions with the debit card before withdrawing. In my case, I made two big withdrawals without any problem.

However, as Hongkiat puts it, getting your PayPal account limited is like having chicken pox. You are sure to get it. Therefore, do not allow it to disturb you too much. Just withdraw your funds like how you would like to do it. It is advisable to withdraw a maximum of $500 each time (or as much as you have) to save on the $5 transaction fees incurred for each withdrawal. $5 is about RM17. Think about it.

Nuffnang 2.0 Launched And Nuffnang Check Received

This post was written and saved as a draft for two days now. Instead of editing it, I will just post it up as it is.

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I had a sneak peak of Nuffnang 2.0 two weeks ago and was fortunate enough to give it a test before the launching date. Nuffnang 2.0 has been launched officially early this morning. I promised Timothy that I will be testing out the system after the launch but have to shamefully admit that…

…I was fast asleep (probably with saliva oozing out of my mouth) well until 7 in the morning.

Welcome to Nuffnang 2.0

A brief summary of what Nuffnang 2.0:
A complete redesign and rebuild from the ground up using the previous model as a reference with additional functions added to the backend of the system. One of the more prominent changes is the new social blog aggregator called innit.

innit: Nuffnang's own blog aggregator

innit looks and feels pretty much like Digg. Since this is the initial launch, you shouldn’t expect much (if any) advanced features in Digg that is incorporated in this new system. So far, it works pretty well with all the basic features in place. Digg has its own digg it! while innit has its innit it nang it! If you ask me, I say that the name innit somehow doesn’t feel right with nang it. Maybe the nang it! should be changed to innit or innit be changed to Nang.

I don’t know. It just feels/sounds a little strange.

First Nuffnang check received

Anyway, I got my first Nuffnang check (a few weeks ago)! It is not much but hey, at least I am making some money. Unlike others who place a few banners in one blog, I only place one type per blog. I guess that is why I am not earning as much or as fast as some of my peers.

There has been a lot of hoo-haa going on about how Nuffnang isn’t “delivering”. In my opinion, when a relationship doesn’t work out, the problem doesn’t always lie on one side. Both sides have their own part to play.

Many also forget that Nuffnang is still considered new and shouldn’t be compared with big timers like Google. I read some people are angry over the fact that when they are not served with ads, the Nuffnang logo is “advertised for free”. If you look back at the earlier posts, this was brought up before. When you help advertise Nuffnang, it gains more exposure. When it gains more exposure, more advertisers will invest thus increasing the chances of you getting an ad.

You scratch my back and I will scratch yours. If you don’t like the way it is now and expects a Google Adsense-like experience, drop the banner and join later when Nuffnang becomes bigger. HongKiat tried both Nuffnang and Advertlets at the start but ended up throwing both banners out the window. If you think placing another banner from some other companies at that slot makes you more money, drop the banner. Please stop whining.

Why Blogitive Isn’t As Bad As It Seems

I have written in the past on the pros and cons of Blogitive. The main disadvantages of Blogitive are the payout for each post is only $5 and that you are required two normal posts in between their posts. Although veteran “paid-to-write” bloggers may not place it as one of their favorite income generators, Blogitive is still a good place to start for beginners.

One of the biggest disadvantages of Blogitive is that it requires at least two normal posts in between their posts. This may seem that you need to write two interim posts for every post you write for them. This is untrue.

Let’s take a look at their TOS on this subject.

There must be at least 2 non-paid posts of at least 50 words each between this post and the any other posts you have written for us.

The keywords there are “any other posts you have written for us”. That means that you will need to have at least two interims in between any of their posts. However, they do allow you to add in a sponsored post written by other companies between them.

That means that the below situation is allowed:

  • normal post
  • blogitive post
  • normal post
  • other company’s post
  • normal post
  • blogitive post
  • normal post

So you see, you can still maintain that “one sponsored post to one interim post” if you write for Blogitive. You just need to add in another post from another company in between the two interim posts. I have done this many times before and have no problem with it.

You Can Make $1000 Easily From Blogging

“How much can I earn from writing paid posts?”

I have been asked the question above a few times now. Writing paid posts is one of the many ways to make money from blogging. It can be one of the most rewarding. On the other hand, it can also hurt your blog. There are pros and cons to everything in life. You just need to find that balance.

Anyway, let’s get back to the question — How much can a person earn from writing paid posts?

This is a hard question to answer accurately. Everyone’s situation is different. There are a few factors that determine how much you can make from writing paid posts. Some of them include your Google PageRank, Alexa ranking, Technorati ranking, number of blogs and the level of determination that you have.

Generally speaking, the higher your PageRank is, the more you can earn. That is because many advertisers are willing to pay you more for writing a post if you have a higher ranking. Some people with high PR rank can easily make anywhere from $100 to $200 or more per post. It takes a lot of time and effort to gain that kind of ranking though.

To give an overall idea on how much a person can make, below is an example of what a person needs in order to make $1000 (which is equivalent to about RM3,300).

  • Two blogs with at least one having a PR 1 ranking
  • Write an average of three paid posts per blog per day

Advertisers pay at least $5 per post written. The average they pay is around $7. If you are lucky, you will be able to snatch a few jobs that pay anything from $10 to $30 per post.

To avoid complicated arithmetic, let’s assume:

  • you get paid $7 per post
  • you write 3 posts per blog per day
  • there are 30 days in a month
  • you rest on Sundays and on the first and third Saturdays of the month (damn syiok right?)
  • therefore, you “work” only 24 days per month

1 blog: $7 X 3 post = $21 per day X 24 days = $504 per month
2 blogs: $504 X 2 = $1008 per month

See how “easy” it is to make $1000 per month simply by blogging? Don’t forget that you may occasionally get some high paying jobs in between. However, there may be days where you may write less or something. So let’s not take those into account.

Since it is so “easy” to make $1000 a month blogging, does that mean I am already making $1000 a month now? How I wish. Unfortunately, there are external factors that may affect a person’s earnings. An example would be laziness. :-P

Of course, it is also important to balance between your paid and normal posts. If you concentrate more on the money and neglect your readers, you may just end up losing some loyal readers.

Why I Like To Make Money Online With Blogitive

I have been writing for Blogitive for a few weeks now. From my experience, they are one of the best places a person with a small blog can start from if they want to make money online. Below is a summary of the pros and cons of Blogitive.

Pros:

  • Standardized requirements of 100+ words.
  • No limit on number of posts a blogger can reserve in a day.
  • No limit on number of posts a blogger can write in a day.
  • An offer can be completed within 48 hours, giving more time for the blogger.
  • The time left before a post expired is displayed at the offer screen.
  • Pays through PayPal weekly.

Cons:

  • So far, each post’s payout is $5 only.
  • I notice whenever offers are available, they come in droves. That means offers are grabbed by the same individuals that are online at that moment and are not shared equally among the rest.
  • Requires two non-sponsored posts between any of their offers.

They can overcome the second disadvantage by setting a maximum offer a blogger can reserve at any given time. For example, an individual can reserve up to two offers each time. After the offer has been completed, another offer can be reserved. That way, it prevents any individual from holding up too many offers at a time.

I have personally experienced holding up to five offers but ended up only able to finish three within the 48 hours period :-P If you think that is a lot, I currently have 10 offers on hold. There are at least five others that I ignored simply because I doubt I can finish even the ones I have in hand.

Have you tried out Blogitive? What are your experience with it? Any tips or rants about it? Mind to share?

Note: This is NOT a sponsored post.