Weather the Storm and Stick With You Plan to be Successful with Neobux!

If you're renting referrals, you will eventually have to extend them. Extension costs can eat up your cash very quickly if you're not prepared. As you progress with your Neobux account, there will be a point in time where the number of rented referral clicks may not create enough income to sustain the costs of purchasing, extending, and recycling referrals. You can see this below as my cash flow balance seems to become negative.

In the projected spreadsheet above, you can see that I'm planning to extend 3 referrals at a time for 150 days approximately on every Tuesday or Wednesday (When the 30 days are up). Notice how with each extension, my cash balance gets lower and lower, and more into the negatives. (I have circled these in orange)

Something I would like to point out is that my current projection here is only predicting $0.05 total in my ad clicks earnings per day. There will be times when over 100+ ads show up for you to click. In June, I have had a few days where there have been over 180 of those blue ads, and I've earned about $0.90 per day just clicking. This is important! Clicking these ads will help build up your cash balance so that it remains positive during this downward cash flow trend. This surplus in cash will help you to "weather the storm" so to speak, until you're earning more money.

So how do we crawl out of this cash flow crunch, this "storm"? Simple, just keep steadily renting referrals and continuing with the plan. As you rent more referrals, the cash flow trend with start to go the other way again and this is where it gets exciting. See the screenshot below of the same projected cash flow spreadsheet, only a little further down the road (We're getting into November now).

Notice that as we get into 80+ rented referrals with this plan, we now end up with a more sustainable amount of cash coming in. If you stick with this, the cash balance will just keep increasing and if you're clicking all of the ads every day (especially those 180+ green ones when they appear), your cash balance will increase even quicker.

I guess the point of this post is to reiterate that you should make a good plan, and stick to it! Also, be prepared by building up extra cash for any down trends in cash flow, but know that if you stick with it, it'll get better! Thanks again and good luck! 

My Referral Link: CLICK HERE to get started with NEOBUX!

The First Eight Days (May 19 - May 31, 2017) and an Operating Cash Flow Sheet

I started the Neobux account on May 19th, so I’ll write up a little summary about my stats and what has happened with the account so far in the first eight days (May 19-31).

Here are my stats at the end of the month at May 31st:

• Cash Balance at the end of May: $8.37
• Earnings from my clicks in May: $9.27
• Earnings from rented referrals’ clicks: $0.30
• Total number of rented referrals: 6
• Total number of rented referrals clicks: 60
• Average referral clicks at the end of the month: 1.85
• Recycle Costs: $0.00
• Rented Referrals purchased this month: 6

So after creating a plan with a projected cash flow spreadsheet, I created a similar new spreadsheet (in the same google sheets workbook/file), that I will use to record the daily cash flow in and out of the Neobux account. I also referenced the projected balance from the first spreadsheet so that I can see if my cash balance is on target with what I had projected. (This is seen as the blue number in the screenshot below). Having direct cell references to the projected cash flow sheet is really handy. If your plan needs to change, you can make those changes on the first spreadsheet, and then that projected forecast balance should change on your daily actual cash flow spreadsheet (I hope that makes sense).

Use two sheets in the same workbook so you can link the projected cash balance in the Actual cash flow sheet.

Here’s a screenshot of my daily actual cash flow sheet that I’m using to record what happens in the account daily, and compare to my projection:

A few notes on some of the cells in the screenshot above:

• Row 2 - The calculated average for that day (clicks divided by total number of rented referrals)
• Row 3 - Day of the week (handy for seeing when my next rented referral purchase will be)
• Row 4 - Date
• Row 9 - Total Earnings - Total money that was earned that day in the Neobux account.
• Row 14 - Total Costs - Total money that flowed out that day from the Neobux account.
• Row 15 - Daily Net - Daily net change in cash in the account.
• Row 16 - Accumulated Net - This should always equal what the actual cash balance is in the Neobux account.
• Row 17 - Projected - This is the projected cash balance from the first spreadsheet I made.

You can clearly see that there were lots of ads for me to click, and I earned a lot more than I had projected. My first few rented referrals were also off to a decent start with an average of 1.85 clicks per day each (This is the average of the row 2 amounts). My projected cash balance at the end of May was $3.74, but I ended up with a month end balance of $8.37. Not bad!

You can also see, I’m only purchasing 3 rented referrals at a time as planned, to help spread out the extension costs later. This happens on Tuesdays. You can also see that I’m counting the 30 days from the purchase of the rented referrals, so that I know when I need to extend them and can predict that expense ahead of time a little easier.

For these eight days, there was about 180 of those green ads that were worth $0.005 each. I did my best to click all of them, or as many as possible, which resulted in my click earnings being around $0.90 every day. It’s best to take advantage of these ads and build up that cash, because I’ll need it when the rented referral extension costs start happening in a few weeks!

I think I’m going to stick with monthly summaries, since it’s a bit easier to keep up with. As always, comment if you have any questions and if you want to get started with Neobux, my referral link is below, and using it would be much appreciated! :)

My Referral Link: Click Here to Get Started With Neobux!

Neobux Cash Flow Spreadsheet

So here’s the plan: I can predict the money coming in every day from my ad clicks and rented referral clicks. I predicted a very reserved income number of $0.05 per day in my ad clicks earnings. I will adjust this number based on trends… if more ads come up for me to click, I’ll increase what I expect to earn. I will base the rented referral income on an average click rate of 1.33 since that seems to be the general break even point others suggested. This will also be updated as the situation changes.

I plan to only purchase 3 rented referrals per week for now. It will take a long time to build a decent group of rented referrals, but it will stagger the extension costs and make it a bit easier to manage in the long run. This should help reduce any sort of cash flow crunch and allow me to maintain slow and steady growth.

I am also counting on recycling 5% of my referrals per week (at a cost of $0.07 per referral). This will also be adjusted as time goes by. I will be using the Neobux Handy Referral Manager to keep track of rented referral data. If a rented referral is completely unprofitable, hasn’t clicked in 5-7 days, and/or has terrible clicking patterns, they will get recycled. I will also be using the Neobux Points in the beginning to recycle to keep down on costs. I may not need to use my cash balance for a while for recycling costs, we’ll see!

I am using the spreadsheet to count out 30 days from each new purchase of rented referrals so that I can predict when I need to extend them. I first experimented with extending my referrals from 270 days, but it sunk my projected cash balance into the negatives a few months down the road. I knocked it back to a 150 day renewal extension (at $0.75 per renewal, which is still cheaper than the autopay feature), and it seemed to keep things afloat.

The cash flow spreadsheet is showing me that at a specific number of referrals to the situation, the accumulated cash balance starts to build up a little quicker and steadier. This seems to currently be around 81 rented referrals mark at the moment. If we follow that trend a little further in time, we can start to see when we might be able to afford the Golden Membership. That Golden Membership costs $90.00, but our rented referrals will then earn double ($0.01 per click).

Here's an example of the first bit of the cash flow project spreadsheet I created:

As you can see, it's a daily projection of the money flowing through the account and consists of everything I've talked about in this post. Comment below if you have any questions! That’s it for now, time to set the plan in motion!

I’d just like to reiterate that what I’m doing here is building a plan for slow and steady growth. It’s not necessarily what will happen, the reality could be better or worse, but this is a good place to start. Thanks again for checking this out!

Obligatory Referral Link: Click here to get started with Neobux!

Introduction

Greetings fellow passive income pioneers! Welcome to my blog where I will document my latest attempt at building a successful Neobux account. I first dabbled in Neobux in 2016. I clicked a lot of ads and obtained about 40 rented referrals but later let the account dwindle, eventually closing, because I was unhappy with the earnings and the decrease in ads.

During my first attempt I decided to just click ads… 200+ of them per day earning about $1.00 per day. These ads began to decrease and eventually reduced down to only 20-30 per day. Because of this I decided to try renting referrals. I had some trouble with managing the rented referrals. I was recycling them too much, or too little, and I couldn’t make enough money to extend them for any reasonable amount of time. Even with the help of the Neobux Points, I couldn’t keep up and failed. Eventually the rented referrals began to expire and I let the account run out until it was closed.

My career background is in accounting, and naturally, I began to think about the cash flow management of a Neobux account. I figured that there must be a way to slowly build the account and manage its cash flow to allow for slow and steady growth. There are too many success stories out there from other users and Neobux has been around long enough to prove that they’re at least a legitimate operation. With that being said, this is by no means a “get rich quick” scheme, or even a “get rich slow” scheme. The reality is that even Neobux users who have been active for many years and who have accumulated over 10,000 rented referrals only withdraw a few hundred dollars from their account per month (Source: browsing the Neobux Forum stats). Still, it’s an attainable and worthwhile goal, especially if you can do it without an initial investment into Neobux.

My method for this experiment will be to create a spreadsheet and project the cash flow of my Neobux account for the next few months. Basically, I will attempt to predict the money coming in (earned) and the money going out (renting, extending, and recycling referrals). This will provide me with an idea of when I should rent, extend or recycle referrals, how long I should extend them for, how many I can recycle, etc… all determined on what I can afford based on my projected cash flow. Projecting cash flow will also tell me when I can afford to upgrade my membership to Golden.

Having this type of plan is necessary for the potential success of any business endeavour. I will also be using the Neobux Handy Referrals Manager to help me be more efficient with my rented referral recycling. As I’m writing this, I’m actually about a month into my Neobux account experiment and should have more posts ready soon. I haven’t decided If I will do weekly or monthly updates but they will follow this post (the first few probably very soon). I will also include my direct referral link here: Neobux Referral Link. I haven’t had any experience with direct referrals but from what I’ve read, they do not earn much and there’s a limit on how many an account can have. Thanks and enjoy!