$10+ a day Neobux Challenge 2016

Floxxie

I have a question about self-employment self assessment. What figure do you use? Is it 'Direct Purchases'? And if so, at what exchange rate?

System

I would've thought it would have been profit earned/ monies received? You can see what you've earned by clicking on the banners link.

snowcauldron

Kantankrus_Mare wrote: »

Would it work if I had 7 months left? (more than than six months but less than twelve months)?

Yes, your Golden expiry should get bumped forward accordingly. I think!

If I had five months left?

No, I believe your Golden expiration date would stay as is. Mine certainly did, and I had about 4 months remaining.

I think the general idea is that if you have used LESS than half of your Golden Membership, you won't then get 'penalised' by effectively having to purchase it again as part of the $890 Ultimate initial purchase.

This is the way I understand it, though may be an idea to get it confirmed officially.

Floxxie

rachelja wrote: »

I would've thought it would have been profit earned/ monies received? You can see what you've earned by clicking on the banners link.

Ooh thanks, I haven't looked at that before. So it is a sum of direct purchases and anything sat in your other 'balance' pots.

fairyclicks

Surfchik80 wrote: »

Thank you! Slightly confused again though as my additional $1 does seem to be going down. Only by .05c so far, but I assumed that was the autopay. I cants see any other reason for it. Am I being blind?!

Sorry huni my fault - thats what i get for not reading something properly - it does come off your balance. For some reason i had it in my head the first click earnings pay for the autopayment...sorry for the confuddlement xxx

fairyclicks

Floxxie wrote: »

I have a question about self-employment self assessment. What figure do you use? Is it 'Direct Purchases'? And if so, at what exchange rate?

rachelja wrote: »

I would've thought it would have been profit earned/ monies received? You can see what you've earned by clicking on the banners link.

For self employment you need to declare any money actually received. The figure for this can be found in your banners section and chose the banner with money received (not earned) as until you receive anything back you are investing your money and made NO actual profit. Hope that makes sense....

Think of it like buying stock - you don't make any profit until you have sold some and received back more money than you paid currently renting refs is like buying stock (sort of :rotfl:)

fairyclicks

Soooo, my account is almost at $300 earned and should be there by tomorrow which is a nice way to start a new month

I have been extending refs as usual and now have 21 under the 20 days. This has gone up and down a little as it seems autopay does not actually extend every ref (ie they have to click for it to work)

I now have 57 who haven't clicked yet.

I'm still debating over my next step...

a - keep autopay on and use earnings to rent lots of more refs as fast as possible to get to 1200 then Ultimate...

b - extend all refs up to 240 days to minimise costs

c - start weeding out refs with low averages and recycle

At the min i am leaning towards a but don't think it is the most efficient plan, just an i want to be there now plan lol

Oh and i have started with adprize again and won 100 points yesterday

Points = 2,509
Coins:1,145 Coins (Pending): 444

lexbubbles

Deposited $5 when I started to get some RR. Now have 15RR in total and $2.113 in funds, so not yet at the point of earning anything.

I've no idea if this is good or not.

I do have autopay on, though, and manually recycled out a couple of the RRs who weren't clicking.

fairyclicks

lexbubbles wrote: »

Deposited $5 when I started to get some RR. Now have 15RR in total and $2.113 in funds, so not yet at the point of earning anything.

I've no idea if this is good or not.

I do have autopay on, though, and manually recycled out a couple of the RRs who weren't clicking.

Ok lex if you think about it like this:

you paid 15x0.20 to rent your refs = $3 and have $2.11 in funds so you have a combined value of $5.11 right now when you paid $5.

You have the rented refs for 30 days and if autopay is on then most of them should still have 30 days left? So that is 30 days to convert the $3 value into actual cash and hopefully you will get more than $3 back in the 30 days.

It is a bit hard to get your head around at first but it does make sense if you see the money you paid as an investment that should give you more back after the 30 days is over....at least that is how i understand it

From that perspective yes i think it is going well

PS be careful about recycling too early as the cost can negate any profit made. I always wait at least 7 days before recycling (in fact usually i wait 14 and let them change automatically )

lexbubbles

fairyclicks wrote: »

PS be careful about recycling too early as the cost can negate any profit made. I always wait at least 7 days before recycling (in fact usually i wait 14 and let them change automatically )

Yeah I looked up a "when should I recycle" blog post about it and if they aren't clicking it's cheaper to manually recycle than let them cycle out themselves.

When I say not clicking I mean they hadn't done anything at all, or had clicked one day since I got them. Now I've got better ones who actually click.