The Ultimate Quest for Online Cash - Part 1

As mentioned in my previous post, I have been spending the last few months trying to figure out how to make money online. So far with limited sucess.

I thought I should share some of the methods I've tried so far, along with the pitfalls as I find them.

As I see it, there are several ways available. However, most of these online systems seem to require some form of payment upfront, and or monthly. There are also so many scams out there, and it is incredibly difficult to know which system to trust.

I've tried loking at reviews of anything that looks remotely interesting, with varied results. However, any scam that is good enough at looking plausible is also able to fool you with scam reviews! Who can you really trust online?

These are the methods I've looked into so far:

MLM (multi level marketing)
Affiliate marketing (via google adwords/ adsense for example)
Online gambling systems
Cash gifting
Data entry/ typing jobs
Article/ review writing

MLM ( Multi Level Marketing)

This was my first venture into the world of online money making. I discovered a site called The 3 Cash Machine. This site claimed to provide it's users with free cash pouring into their paypal accounts on demand. They sold this system to me in the understanding that it would not only work wonders for my bank balance, but would also be easy and completely free! To a complete newbie like myself, this seemed perfect, although not the case in reality.

This required me to sign up to about 2- traffic exchanges, to promote my new free website, and also to a company called GDI (Global Domains International) to host my website. This was only free for SEVEN DAYS! After this, I was required to pay them $10 per month (not such a free system now)! Also, the basis of the system to to encourage others to sign up under me. I would then be paid to sign them up to all the (useless) stuff I had already signed up for myself!

Although they made a point of making this seem easy, I was never warned about how hard it actually was to get my website seen, let alone recruit others! Also, GDI (based in the US) would not accept any form of cancellation than a phone call to their offices in the States! This would have cost me a fortune calling from the UK! Not surprisingly, this venture fell completely flat and I gave up after what seemed like hundreds of hours promoting this pointless site. I ended up using my own method to cancel GDI - I just didn't pay them. Eventually, aftere several emails from them (they know better than to waste their money calling overseas!) they cancelled my account for me! I didn't make a penny out of this system, and the traffic exchanges I signed up to simply sent constant junk emails. I would go to work, come home and find HUNDREDS in my inbox!

In conclusion, MLM is a waste of time (and potentially money)and there are so many similar ones out there. Take my advice, don't bother!

Keep a lookout for my next post on the subject of online money...