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❓ASK Earn or Loss in online earning

kkckkc

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Before you start on earning in online business world, I think we should consider first the benefit verus the cost of participating .

Benefits :
Your gross income
Your knowledge gained
Real friends gained

Cost:
Cost in terms of money related to online business activities. (eg. electricity bill, damage to your device etc)
Time cost.
Expected tax paid .
Privacy given to third parties

Benefits -Cost = Net Benefits

You can try assigning points to each items and calculate approximate value for each type of earning activities (There are many ways of online earning )

If cost outweigh the benefits for that category , you should not continue or think ways to improve the situation . Otherwise, you can continue your online business earning in that category.
 
Before you start on earning in online business world, I think we should consider first the benefit verus the cost of participating .

Benefits :
Your gross income
Your knowledge gained
Real friends gained

Cost:
Cost in terms of money related to online business activities. (eg. electricity bill, damage to your device etc)
Time cost.
Expected tax paid .
Privacy given to third parties

Benefits -Cost = Net Benefits

You can try assigning points to each items and calculate approximate value for each type of earning activities (There are many ways of online earning )

If cost outweigh the benefits for that category , you should not continue or think ways to improve the situation . Otherwise, you can continue your online business earning in that category.
I really like your estimation and evaluation on making money online guide. It's important to consider all this while running online stuff, especially for newbie that just started working online.
 
From my experience having been earning online, I would say that it is an absolute gain for me as the only exclusive cost I have had to bear is the cost of data subscription. I was able to find a very cheap source of data subscription for my online work.
Yes friend, data subscription is what always push me backwards from making money online, because without data you won't be able to work and earn money online. That's why it's always good to make you hustle money online with a little data you have daily.
 
Yes friend, data subscription is what always push me backwards from making money online, because without data you won't be able to work and earn money online. That's why it's always good to make you hustle money online with a little data you have daily.
Data subscription is getting cheaper by the day. I don't know which region of the world you live in. I use $1 worth of data subscription monthly and I make more than $20 from it. Still an absolute gain from my own side.
 

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