You Need Money To Make Money

by Bryn Youngblut on November 28, 2008

Wouldn’t we all love a money tree? I know I would, especially right now.

When it comes to affiliate marketing you either need a high credit limit or a lot of cash. I currently have neither. OK well I have a good amount of cash but my credit limit sucks (because I’m a student). I actually have a credit limit $4000 higher than they say they’re even allowed to issue to students, strictly based on my great credit rating.

So here lies the problem, what do you do when your spending so much money per day that it’s almost at the point of your credit limit? Well, in my case I pretty much have to pay off my credit card every day…which is annoying.I have another problem though which I think sucks even more.

What if you were losing money simply because you didn’t have enough cash on hand to spend. Basically what I mean is what if you could be making a lot more per day but you don’t have more to spend? This is my current dilema, I could be making a lot more than I am if I had more to spend.

As far as I can figure out I should be fine in a couple weeks, once I build up a good amount of cash flow. I’m not talking a couple hundred bucks here, if I had a AMEX black card or one of those I would be fine but with such a shitty credit limit they’re holding me back from making so much more it hurts. Oh and in case someone mentions it, yes I get paid weekly wires but it’s still not fast enough.

I mean I can’t complain too much I guess I am still making more than anyone I know including my parents combined, but nobody is ever satisfied, we want more and more!

Anyone else have issues like this?

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The Importance Of Building Your Cash Flow | Bryn Youngblut - Entrepreneur and Affiliate Marketer
January 30, 2009 at 12:00 pm

{ 2 comments… read them below or add one }

1 Dennis Edell November 29, 2008 at 8:33 pm

If I may make one minor adjustment…”When it comes to PPCaffiliate marketing you either need a high credit limit or a lot of cash.

Dennis Edells last blog post..A Winner For The $5 Favicon Contest!

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Bryn Youngblut Reply:

True that, it is very expensive if you’re doing high volume.

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Dennis Edell Reply:

Oh so true indeed! LOL

I was just trying to point out that “affiliate marketing” in general doesn’t have to be expensive at all…..”free” even if you already have sites/blogs/domains, etc…

Dennis Edells last blog post..Are You Committing These 3 Articles Marketing Mistakes?

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2 AMagz December 2, 2008 at 11:55 pm

I’m in the same boat, Bryn. Cashflow can be a huge problem for us affiliates, especially PPC.

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