YouTube is one of the oldest and still most popular video sharing services. It is completely free to use, but YouTubers — the people who make videos regularly — can earn some income for their posts. How does this work? How can people be making money off of a completely free platform?
The main way is through ads. YouTube didn't always play an ad in front of almost every single video. But now, it's hard to watch any video on the website without having to skip or sit through an advertisement. These ads are provided through Google Adsense. YouTubers connect their channel to Adsense and select the videos they would like to monetize — this means play an ad in front of them.
Ads are how Google makes money on all corners of the internet, including YouTube. Depending on how many views a video gets, Google and the YouTuber get more money in return. Google gets 45 percent of the revenue for a video and the content creator gets the remaining 55 percent. YouTubers agree to this when they activate their Adsense account and connect it to YouTube.
That percentage might sound like a decent amount, but the actual profits are very small. In 2013, a video with about 500 views would only earn about $3.80. However, a video with a billion views would earn $7.8 million. So if YouTuber's channel has a decent amount of subscribers and regular viewers, they can earn somewhat decent compensation for their content. But unless they have followers in the thousands or millions, it can be hard to make YouTube a full-time job.
However, Adsense isn't the only way YouTubers can make money for their videos. Another avenue is sponsorships. This is usually a short-term partnership between a content creator and a company. Typically, the YouTuber will be asked to promote or review some kind of product in exchange for a lump sum of cash. The amount of money varies based on the subscriber base and the size of the company providing the sponsorship. Once again, the bigger your channel is, the more money you're likely to make from these deals. However, sponsorships — while not steady — can be a good way for YouTubers to earn more money. Google doesn't get a cut of the profits like with native ads.
While many people might think that professional or full-time YouTubers have an easy job, content creators actually put a lot of time and effort into their videos and into building their audience. It can take years to build a channel up from zero to thousands of subscribers. And the rewards for doing so (at least in terms of revenue) aren't really satisfactory until a YouTube channel has millions and millions of subscribers.
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.