Tag: Mike Pitt

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only. This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.

Best regards,

Mike

Image credit: pexels.com

*Source – https://www.savills.co.uk/insight-and-opinion/savills-news/294601/uk-housing-stock-now-worth-a-record

How to get Brand Deals as a Micro Influencer

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Influencers

In recent years, the widespread adoption of Social Media has led to the emergence of individuals who have amassed large followings on Social Media. People with large followings on Instagram, Twitter, LinkedIn, YouTube, Facebook, TikTok or a combination of all of these, are known as Influencers.

Kylie Jenner and Cristiano Ronaldo are both great examples of influencers. Every week, Influencers are approached by brands who are willing to pay them to endorse their products or services.

Micro Influencers

Micro influencers are similar to influencers except they have a smaller following, this makes them more accessible to their followers. Recognised as experts in their field, Micro influencers enjoy the support of a engaged community who choose to follow them because they appreciate their authority and expertise.

I have been described as a micro influencer and have received new financial opportunities as a result. Generally, it is harder for micro influencers to secure brand deals but the website that I discuss in the video makes it easier for brands to connect with micro influencers and for micro influencers to earn additional income. Is this something you have considered? You may be micro influencer too, have a look at the diagram below.

Image credit – socialbluebook.com

In the video, I discuss a website that has commercial opportunities for micro influencers. There are opportunities for you to secure brand deals and complete tasks for payment via the website. When you have completed the task, the brand or company will pay you via the website. I explain the whole process in the video.

Next Steps

Are you a micro influencer? Are you going to explore new opportunities as a micro influencer? Let me know in the comments section below. .

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

How to Make Money Selling Your Hair

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

What is Ethical Investing ?

This post may contain affiliate links please read our disclosure for more info.

Ethical Investing

Ethical investing is an approach to investing where the investor filters potential investments according to their own values and moral principles. For example, it would be entirely understandable for someone to decide that they do not want to invest in companies that manufacture missiles or tobacco.

The earliest recorded instance of ethical investing in America was the 18th century Quakers who banned their members from spending their time or money in the slave trade. Indeed, historically religion was often a motivation for ethical investment. Today, in addition to religious motivations for ethical investing there there are also concerns for environmental issues, racial equality, gender equity and inclusion.

Do Ethical Investments Perform Well?

There is absolutely no guarantee that ethical investments will perform well over any time period or when compared to index funds. A prudent approach would be select firstly based on your values and then once you have done so assess all of these with performance based criteria. An investment portfolio comprised exclusively of ethical investments will look very different to one focused solely on maximising potential returns for an investor. In practice, ethical investing requires a lot of research, you must go deeper than the corporate brochures and mission statements to discover whether a company’s actions match their words. Unfortunately lots of companies claim to be more ethical than they really are.

If you are interested in investigating ethical investment funds in the United Kingdom, check out this resource. It’s a great starting point for building an ethical investment portfolio. Please remember that this information does not constitute financial advice.

Next Steps

Are you interested in ethical investments? Will your next investment be an ethical one? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

How to Make Money Selling Your Hair

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

Image credit: pexels.com

How to Make Money From Sponsored Posts

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Next Steps

Are you a website owner? Are you currently making money from sponsored posts? Do you need my help? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

How to Make Money Selling Your Hair

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

How to Make Money Selling Your Hair

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here subscribe .

Selling Your Hair

When I started this Learnmoney.io website never did I think that I would record a video and write an article telling my subscribers and community members how they can make money selling their hair!

The world is amazing and this opportunity is amazing too. Believe it or not, there is an opportunity to make up to $1500 USD (£1140.00 approx) by selling your own hair.

In this video, I discuss two websites that enable you to do this. I should point out that not everyone will be able to make $1500, watch the video for full details.

How Does it Work?

The websites mentioned in the video are portals that bring together buyers and sellers of hair. In short, they act as marketplaces and facilitate business between the two groups. If you are interested in the opportunity, take time to explore the different types of hair available and how best to market your own hair. Pay special attention to the type of photos you should take to achieve the optimum price for your hair.

Next Steps

Does the idea of selling your own hair appeal to you? Have you heard of this opportunity before? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

Are you Missing out on Compound Interest?

This post may contain affiliate links please read our disclosure for more info.

What is Compound Interest?

The thought of saving money is not exciting to many people, they would rather buy things with the money that comes into their hands or wallets. Compound interest makes the prospect of saving money more exciting.

Compound interest is when you earn interest on the interest that you accrued as well as the initial sum invested.

How Does it Work?

For example, if you saved £1000 at an interest rate of 5%, at the end of year 1 you would have £1050, with a compound interest account you would then earn 5% interest on £1050 by the end of year 2.

This would mean that your total going into year three would be £1102.50 instead of £1100.00 if you had earned 5% each year. Over the long term, the increases to your savings total become very significant so much so that Albert Einstein reputedly said of compound interest,

“Compound Interest is the most powerful force in the universe. Compound interest is the 8^th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”

Albert Einstein

Savings Accounts & Compound Interest

Given how beneficial Compound Interest is to the individual saver, you would expect all savings accounts to offer Compound Interest to their account holders but that is not the case. There is every possibility that your savings accounts are not paying you compound interest, please check with your bank or building society. Your bank may be only paying you simple interest, which is interest paid annually on the principal sum only.

If they are not, study the example below and open a new account that will pay you compound interest from any provider you choose. Remember that to really benefit from compound interest you will need to save for the long term.

This is an example of a UK savings account that pays compound interest. International readers, you may need to do some investigative work to find comparable savings accounts in your country.

Next Steps

Hopefully this post has made you re-consider the savings accounts that you have; now is the time to open an account that will pay you compound interest. Let me know your thoughts in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

Image credit: pexels.com

Make Money with the Amazon Influencer Program

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Amazon Influencer Program

The Amazon Influencer Program is one of the more straightforward ways of making money online based on Affiliate Marketing. It is a method that would be accurately described as intermediate level rather than beginner. This is because you will need to have built an audience on at least one Social Media platform to be accepted into the Amazon Influencer Program. The full list of requirements is here.

How Does it Work?

The Amazon Influencer Program is an extension of the Amazon Affiliates Program. The Amazon Affiliates Program is virtually open to all; once accepted, into the program, affiliates are able to promote Amazon products via affiliate links and earn a commission when purchases are made within 24 hours of their links being clicked.

The Amazon Influencer Program has two key differences from the Affiliates Program. First of all, you need to meet more stringent criteria before you are accepted, you must have a Social Media audience. Secondly, instead of promoting lots of different affiliate links Amazon gives you your own Amazon Shop Page to send your audience to.

Purchases that follow clicks on your dedicated Influencer page earn you commissions ranging from 1-10% dependent on the product category.

In the video, I demonstrate my Amazon Shop Page and explain how to take the opportunity presented to you by Amazon.

Next Steps

Does the idea of having a Amazon Influencer page appeal to you? Are you already part of the Amazon Affiliates Program? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

What are the Best Sectors for a High Adsense CPM?

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

YouTube

For those who are creative, committed and willing to work for long periods without reward, YouTube is a possible way to make additional income. You will need to be all of those and more to be successful on YouTube. By successful I mean able to generate an income from the platform. Please note that only 5% of those who have a channel and upload to it make any money from the platform, well known YouTubers Pewdiepie or KSI are the exceptions rather than the norm.

There is a common misconception about YouTubers, people assume that they make money based on the number of subscribers that they have, this is incorrect. You could have 400K subscribers and make less money than someone with only 20K subscribers. Others believe that YouTubers are paid for the number of views their videos generates. This is not true either although it is connected to how YouTubers are paid; they are paid for the views of the ads surrounding their videos, either before, during or after their videos play.

As a YouTuber, once you have amassed 1000 subscribers and 4000 watch hours, you can apply to join the YouTube Partner Program. If you are accepted, YouTube will then place ads on your YouTube channel. The more your viewers watch the ads on your channel, the more you will be paid. You will generate income via YouTube Adsense. Please click here for a full explanation from YouTube.

YouTube Adsense CPM

All YouTube channels are not equal in the minds of advertisers, they will pay more to advertise on channels that focus on some sectors or interests than others. In the video, I discuss some sectors or niches that generate a high Adsense CPM. I demonstrate these sectors by showing the channels of very popular YouTubers.

CPM stands for Cost Per Thousand using the Latin word Mille for thousand. This is the rate advertisers pay to advertise on a channel per thousand views; this CPM is split between YouTube and the YouTube channel owner. Watch the video to understand how much variety there is amongst YouTubers when it comes to their CPM rate.

Please note, in addition to Adsense, there are other ways that YouTubers can make money and these include; merchandise, patreon, live-streaming, brand deals and selling their own courses or products. I may explore these other revenue streams in a later blog post.

Next Steps

Does the idea of having a YouTube channel appeal to you? Do you have the consistency and dedication to keep making, editing and uploading new videos? Let me know in the comments section below. Also, get in touch if you would like my help to grow your channel. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

How to Control Your Cashflow With a Bill Payment Schedule

Credit Cards: How to Make Balance Transfers Work For You

Making Sense of Affiliate Marketing Course – Review

Best regards,

Mike

How to get Paid Referring Friends for Jobs

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Extra Cash

Most of us would appreciate the chance to earn some extra cash but from my anecdotal research I know that few people seriously consider the opportunity to make extra cash by referring their friends for relevant jobs.

It’s not just a pipe dream, it can be your reality too. In this video, I discuss 2 websites that will enable you to do just that; you do not have to be a recruitment consultant to connect your friends with jobs to help them continue or improve their career. The websites I discuss are just examples, there are many more offering similar incentives for helping companies to find the right staff. If you live outside of the countries I discuss in the video, do not lose heart because there are likely to be similar offers in your country too.

Referring Friends

In the video, the first website I discuss relates to the American employment market and then the second is relevant for the United Kingdom employment market.

Referring friends for relevant jobs can be a fairly lucrative activity because ultimately you will receive an amount equivalent to a percentage of the new employee’s salary without having to do a lot of work. It can be an excellent way of generating extra cash.

How Does it Work?

In the video, I discuss specific websites that will enable you to earn extra cash by referring your friends for jobs. Usually your friend will have to be successful with their job application and to keep the job beyond the probation period for you to receive your money.

Next Steps

Make a list of friends who are looking for work and arrange a time for you to discuss with them the possibility of you referring them for a job. When you have, let me know in the comments section below.

If you have enjoyed this post you will also like the following posts:

How to Control Your Cashflow With a Bill Payment Schedule

Credit Cards: How to Make Balance Transfers Work For You

Making Sense of Affiliate Marketing Course – Review

Best regards,

Mike

How to Transition From Active to Passive Income

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Active Income

Active income is the traditional way of earning money when you have a job; an individual trades their time for an hourly rate and is paid wages or a salary. This model applies whether they are working in a restaurant, shop or an office. Active income requires you as the employee to be in a specific place at agreed times and to follow a predictable routine. The primary benefit is that you will receive income that you can predict and that you can plan your expenditure precisely. The major disadvantage is that you are limited by the amount of hours a day and the fact that the more work you do, the more tired you will become.

Passive Income

Passive income is income that you can generate once you have completed all the initial work for a project and then set up the processes to create recurring passive income. A good example of this is provided by the music industry, an artist writes, records and produces an album and then when it is released, they will receive passive income from its sales.

From Active to Passive

In the video, I discuss specific ways that you can transition from an active to a passive income model. It is not easy, you will have to do the work but once you have done it, you’ll be much closer to our shared goal of financial freedom.

Next Steps

Would you like to earn more from passive income? Have you already started? Let me know in the comments section below. Also, get in touch if you would like my help, my email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

How to Control Your Cashflow With a Bill Payment Schedule

Credit Cards: How to Make Balance Transfers Work For You