Bank of America Referral Program

Bank of America has a referral program that pays a $25 dollar fee to both the referrer and the referred to open a new checking account. Before I go further, let me start from the beginning.

Last night I visited my PayPal account and realized I had $43 in it. I had forgotten that I had it. So I decided to draw the money out. As I was trying to get the money out of paypal I realized that it was linked to a bank account that I have not had in years. No problem I will just add my current account. So I enter the information and PayPal denies it. PayPal states that it is in use already. At this point I realize that my wife is using that account on her PayPal. PayPal will only allow one PayPal account per bank account. Well, my last option is to request a check. Again PayPal has issues. It states that I cannot request a check because my account has not been verified. So I thought for a few minutes "How in the world am I going to get this money out that is rightfully mine?". The more I thought the more perturbed I became at PayPal. But this headache was about to become a blessing in disguise.

The solution finally dawned on me. Open a new account, and that will become my penny millions account. So off I go on a quest to find a checking account with no minimum balance requirements, and no monthly fees. It was at this point that I remembered a post I had read at "The Richest Man in Atherstone" about bank referral bonuses. So now my quest has become more complex. Not only do I need a bank that has no minimum balance and no monthly fees, but I also need one that pays a referral bonus. Well, I found the bank and they have so much more this is the perfect penny millions, or doubling bank. The bank is Bank of America. They pay a $25 referral fee to the referrer and also 25 to the referred for opening a checking account. But it gets better, much better. I am not sure if you have heard of one of their more innovative ideas, the "Keep the Change" program. Here are the details, if you have a checking account and a savings account through bank of America, and sign up for this program, every purchase you make will be rounded to the nearest dollar and the difference added to your savings. But, here is the good part. For the first three months they also match that amount 100%. For example, let's say you buy a soft drink. The total comes to $1.52. If you pay with your debit card they will debit your account 2.00. They will transfer 48 cents to your savings account, and pay you 48 cents as a match. After the first three months they match 5% for the rest of the year. Is that not incredible? Folks this is free money for basically doing nothing! I almost signed up with them immediately then I had another brainstorm. I have found someone to refer me. If you are not a Bank of America customer, email me. I will be more than happy to send you a referral invitation by email.

Also I wanted to let you know, I am not anti paypal. Paypal is a wonderful concept and is almost a necessity for online transactions. Their security policies and procedures while absolutely necessary can be irritating at times like any financial institution. This blog was just my opportunity to vent a little frustration. I will keep you up to date as far as referrals and how long it takes to pay etc.

Article Marketing: Bum Marketing

In the last post I mentioned article marketing. Today I realized that I have not written anything about it. This is most definitely not a new idea nor one original to me. The idea came from another blog and he got the idea elsewhere as well. The basic idea is to write articles about different subjects with a link to make an income from. The main thing I like about this idea is the cost. It will only cost me some time and no money. If it makes an income that is great. Otherwise I am sure I will have learned a good deal about writing articles, search engine optimization, and marketing in general. If my articles make more than associated content averages (a little over $3) I will consider it a success. The blog that I read about this at is "The Richest Man in Atherstone". The article that this idea came from is Bum Marketing Method. I will be beginning this today and any results will be posted here for all to see. I hope you all have a great day. And I hope you all have a wonderful Labor Day Weekend.

Slowly I grow,
rgrace

Analysis Paralysis: "The where do I go from here syndrome"

I have spent time tonight reading some posts on other doubling sites as I do daily. But this time I spent a little longer than usual. I came across a lot of ideas. So many in fact that I got to a point of information overload. I was on Google searching all of the ideas that I had found and analyzing them and jumping back and forth between them needless to say that got me nowhere. It was at this point that I decided I needed to make out a tentative game plan. So here is the plan at this point. Keep in mind this plan is a work in progress. It is solely for the purpose of organizing this clutter in my head and as a way to kickstart me into action on a few ideas I have been kicking around. These goals will be layed out in the order that I plan to make a go of them.

1. Write one article a month for Associated Content. This is a very small goal. But the reason for this is I am going to focus on another strategy as well which also involves articles. The article for this month is already written and awaiting approval. If you are not familiar with Associated Content visit my blog article Freelance Writing.

2. Article Marketing Write 90 articles in 120 days each promoting an associate program. These are not going to be spammed and they are not just going to be there for the associate program. If the article does not serve a useful purpose and contribute to the web community I will not publish it. The original article said write an article a day for 90 days. I am giving myself 120 days to complete this task simply because I have other things going on as well.

3. Posting to this blog and reading other blogs for ideas. This blog is my priority at this time. So far I have not made any money from this blog and if that was the sole purpose I would have quit already. This blog is here to document what I have done, what I plan to do, and the results of those activities. Now do not get me wrong, I do have a few links on this blog to make money from along with Adsense. If it makes me some money great, if not, oh well that is not the sole purpose.

4. Buying soft drinks to resell at work. My penny fund is at $1.08 at this time. The money is just sitting here and I am tired of it not working for me. The more money I can keep invested the faster it will grow. In keeping with the Rules, I have to use the original coins, bills, etc that I have accumulated. So I have 1.00 in non-penny change. There is a drink machine that sells canned drinks for 35 cents each. On tuesday morning I plan on purchasing 2 soft drinks for 70 cents and selling them at work for 50 cents. That will get me to the next step and will be my first monetary investment. This does not seem like very much money but if you think of the percentage gained it is incredible. It is roughly a 43% yield for one day.

5. I will continue to collect scrap copper at work and sell it to the recycling center next time I am nearby so that I will not have to pay for gas to get there and back. I have also considered walking my neighborhood and picking up aluminum cans. That would give me some much needed exercise and add a little to my fund. Still undecided about that even though I really do need the exercise.


Those are my goals and plans for the upcoming weeks hopefully I will gain a few steps along the way.

Slow and steady on the path
rgrace

Freelance writing start.

My first article was submitted to Associated Content. I am currently awaiting an offer for that article. I will keep you updated as to when it is approved and what the offer was. I am really excited about Associated Content for the simple fact that it is thus far my only real business attempt that could possibly lead to a residual income. My head is not in the clouds tho I am aware that I may only get a payment every year or two with what limited articles I currently have. I am considering writing an article or two every month to see if I can build a monthly residual income off of it. If I do decide to build my article submissions I will post some stats after a year and run some numbers to see what my average residual per article is and how many articles you would need based on the averages to make a full time income. Keep in mind also, I am not a professional author as a matter of fact I consider myself to be a mediocre author at best. Maybe with a college course or two in creative writing and a few hundred articles written I might would become a little better than mediocre. Who knows? But at this point in my life I have neither the time, energy, or desire to put in that kind of effort towards freelance writing. Maybe when I get out of the rat race and fire my boss.

Research and found pennies.

My stake has increased. Two pennies were found outside of the grocery store yesterday. We were out of sugar so on my way in I decided to walk the sidewalk and check the drink machines. I found the pennies on the sidewalk in front of the drink machines. I spent quite a bit of time researching for my first article for Associated Content. I will update as to when it is published along with a link to it. My total is now up to $1.07. Only 21 cents to go for next level and thus far all of it has been found money. After I posted this we went shopping and on the way home stopped at another carwash. I found 1 penny, my wife found 31 cents and my son found 7 cents. My entire family is using the doubling method. So my stake is now at $1.08 only 20 cents to step 8.