2018-2019: Top 10 Online Advertising Networks for Your Website

Every time someone talks about making an online website/project profitable, invariably, the first thing that comes to mind is Google AdSense. And while there’s nothing particularly wrong with that – after all, it continues to be the world’s largest advertising network – based on the assumption that there’s no better option than AdSense.

The advertising technology industry is highly volatile and it’s no exaggeration to say that Google has competitors who are out to get their money’s worth.

Making the decision to determine which advertising platform, or even which combination of ad networks are suitable for your website may seem complicated but it is necessary to determine which ones generate the most revenue for you. It’s a decision that needs to be weighed up, but when you finally figure it out, you’ll see that it’s well worth the effort.

Here is a selection of the 10 best alternatives to Google Adsense that you should check whether you are an editor (webmaster or blogger) or an advertiser (get more for less).

Public-Ideas – Affiliation Platform

Public-Ideas or Public-Idees is one of the largest affiliate platforms in Europe. Founded in France, Public-Ideas is a network of affiliates with offices in different countries.

One of the main features of Public-Ideas is that they have a large number of well-known campaigns, which is very important because it is much easier to attract visitors to the advertising campaigns. And even if you happen to be running a campaign on other media (television, for example), you can benefit from it.

Public-Ideas also stands out for the good relationship they establish with the affiliate. They have a very professional team capable of solving any doubts or problems that may arise.

  • Pricing model: CPA, CPL, CPC, CPD
  • Minimum traffic required: None
  • Available countries: Campaigns in more than 50 countries.

TradeTracker – Affiliate Platform

TradeTracker is a company founded in the Netherlands and is one of the largest affiliate platforms in Europe. It has a very good reputation as a marketing company in the Netherlands. They have now expanded to many countries in Europe, including Spain, where they already have more than 300 active campaigns.

At TradeTracker you will find multiple advertisers each with their own payment model. CPL (Cost per Lead) will remunerate for the subscriptions or registrations received from the advertiser, CPA (Cost per Action) will pay money when a sale happens. CPD (Cost per Download) will pay you for each download (e.g. from Apps), widely used if your traffic comes from mobile devices.

The main features of TradeTracker are:

  1. TradeTracker is a very easy to use platform to start an affiliate program.
  2. The software developed to compute everything is unique.
  3. The link technology is unique.
  4. It has exclusive advertisers and a large network of publishers to promote the campaigns.
  • Pricing model: CPA, CPL, CPC, CPD
  • Minimum traffic required: None
  • Available countries: Campaigns in more than 50 countries.

Revenue Hits – Display ads

Revenue Hits uses contextual advertising technology and geographic targeting to deliver higher revenues for its publishers across different types of properties, such as websites, mobile sites, plug-ins, widgets, toolbars, and more.

It serves over two billion ad impressions every day with a 100% Fill Rate in all geographic regions.

In addition to print ads, Revenue Hits also allows publishers to monetize their website using text ads, pop-ups, applications, widgets, XML Channels and other custom formats.

  • Pricing model: CPM, CPA, CPL, CPC, CPD
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

PropellerAds – Display ads

PropellerAds offers banner ads in all standard sizes, such as 728 × 90, 300 × 250, 160 × 600, 120 × 600, and more, in addition to on-click and in-banner video ad formats. If ads are placed strategically, a CPM of $2.1 can be expected for US or UK traffic.

They have 3,000 active campaigns worldwide and perform manual checks to eliminate all dangerous and suspicious advertisers to ensure high ad quality.

Publishers get the ability to get 100% monetized inventory, on-time payments, a personal account manager and a detailed real-time statistics panel.

  • Pricing model: CPM, CPA, CPL, CPC, CPD
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

Zanox – Affiliation Platform

  • Pricing model: CPA, CPL, CPC, CPD
  • Minimum traffic required: None
  • Available countries: 50 countries including Spain

Adf.ly – URL shortener

Adfly is a link shortener with integrated interstitial ads. The remuneration is based on a CPM (Cost per Mille) system. It is one of the first shorteners to use this advertising system to benefit his publishers, but there are now many other platforms that use this system. These advertising portals have been successful because of their simplicity (any user can actually use them without having to be a webmaster or blogger) and right now they have many tools available to automate the process. Adf.ly has over two million users and is available in Spanish.

In terms of payment rates, Adf.ly has the highest CPM rates for a Link Shortener. At the moment the CPM (Cost per Mile) in Spain is around 2.44$ on average. Visits from mobile devices are priced higher and reach $4.36 for a user’s first visit and $3.2 for the next visit.

  • Compensation Model: CPM
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

BidVertiser – Display ads

BidVertiser is a platform very similar to Google AdSense that offers some news about this service. Like this one, it has a network of advertisers and websites whose interests converge. A user can register with BidVertiser by filling in their personal details and then the company’s servers send them a code to their email address, which they must place on their website.

BidVertiser uses PayPal as a payment method, so you can use this platform to collect payment. Unlike other services, such as WordAds or AdSense, the minimum fee for requesting payment is only $10.

In this case the user charges for each click made on an ad. However, your revenue can be increased if this click ends up counting as a conversion, i.e. if the visitor who clicked completes the desired action, either by making a purchase or by registering.

  • Compensation model: CPM, CPC
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

PopAds – Pop-Ups Ads

PopAds is a company exclusively dedicated to the management of Pop-Ups and Pop-Unders Ads, being a true specialist in the sector and offering the highest CPM (Cost per Mille) rates. Operating since 2010, it is currently ranked 236th out of Alexa.

The interface of your website is very easy to use and intuitive, and allows you, among other things, to control in real time the statistics of our campaigns of the different websites or blogs where we have inserted PopAds. It has a very low minimum payment of only $5 which is very easy to obtain and can be collected through Paypal or Payza. Another advantage is that it allows all types of web pages, from warez pages to pages with adult content.

  • Compensation Model: CPM
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

ShareASale – Affiliation Platform

ShareASale is one of the world’s oldest and most popular affiliate platforms with marketing services for its affiliates. Founded by Brian Littleton, current CEO of the company 15 years ago, it has become one of the largest and most reputable affiliate platforms worldwide. This is because it has one of the largest dealer networks and currently offers more than 2500 dealers and continues to add to its offer.

This provides affiliates (or publishers) with many opportunities to increase the profitability of their project, which together with the multiple promotion tools offered, makes Shareasale an excellent choice for monetizing blogs and websites.

  • Compensation model: CPM, CPA, CPC
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

Ouo.io – URL shortener

Ouo.io is another Hong Kong registered link shortener that is becoming increasingly popular. One of the most outstanding things about this shortener, in addition to its careful aesthetics, are the high CPM rates it offers its users. And unlike other shorteners like Adf.ly, they not only pay for the first visit of the same user or IP in 24 hours, but also the following ones. The rates of payment in ouo.io per thousand visits are:

  • United Kingdom USD $2.5
  • United States USD $2
  • Norway, South Africa and Finland at USD $1.83
  • Poland USD $1.78
  • Sweden USD $1.74
  • Australia, Ireland, New Zealand and the Netherlands at USD $1.65

These are all the countries indicated in the payment rate tables, and for the rest of the countries, the rates are also very high, being $1.5 per thousand visits. This makes it very interesting for sites that receive visitors from many parts of the world.

  • Compensation Model: CPM
  • Minimum traffic required: None
  • Available countries: Campaigns in all countries

2018: 15 Mobile Apps to Earn Money – Android & iOS

Almost everyone has mobile device today. And the interesting fact is that usage of internet on mobile devices has surpassed desktop. There are multiple reasons to this shift. However the main reasons are lowering of internet prices, technological advances in mobile devices, and convenience and others.

But do you know that you can make effective use of mobile phones to earn money? If you are one of those who spend a lot of time on smartphone then why not start taking advantage and use it to make money? But remember that these apps may not be available to users of all the countries.

Companies and advertisers already know that promoting products through mobile phones can be very profitable and therefore have proliferated in recent years many applications with which you can make the mobile phone profitable. There are many smartphone apps available in the market using which you can make extra money easily, conveniently and quickly. Of course, you won’t make a lot of money, but money is money and extra money every month is always welcomed especially when it comes from the comfort of your home, waiting for the train or from any location of the world.

Apps for making money with your mobile phone can be downloaded from official app stores App Store for Apple phones and Play Store for Android devices.

Nowadays, there are more applications for Android because in the case of Apple devices the requirements of the App Store are stricter and from the consumers point of view the cost is on a higher side. Though they are beginning to proliferate and usually pay better.

So here are the mobile apps to earn money.

1. mobileXpression

MobileXpression is an application that records your mobile phone usage to find out first-hand what the most popular mobile trends and services are. The App monitors your actions with your mobile phone, such as downloads or websites that you visit and is kept in the background. As it is very valuable information for companies, mobileXpression will reward its users with part of the benefits. The first week, you will receive €5 (Euro) from Amazon and from then on you will receive guaranteed money.

The app guarantees that it does NOT monitor your calendar, messages or photos, but obviously, if you are very concerned about your privacy, it is not the best application.

The most important features of mobileXpression are the following:

  • Minimum prize money: €5 on Amazon after one week of use
  • Countries: Available in Spain, Mexico and United States
  • Payment methods: Gift vouchers, cash, prizes….
  • Language: Spanish, English
  • App Size: 13 Mb

2. AppKarma: Make money trying Apps

AppKarma is a very complete application to earn money from any country and any mobile phone with Android or iOS operating system. You earn money by watching videos, completing offers, downloading other apps, referrals, badges.

The most important features of AppKarma are the following:

  • Minimum prize money: 3$ which equals 4000 points in the application.
  • Countries: International! *
  • Payment methods: Paypal and gift vouchers for Amazon, iTunes, Starbucks, PlayStation Store, Xbox live, Google Play, etc. They make payments in less than 48 hours.
  • Language: English
  • Referrals: Single level. You’ll earn 30% of what they accumulate. They also have a VIP referral program for Youtubers or bloggers and win 40%. Plus, if you become a VIP user, the referral bonus is 400 points.
  • App Size: 13 Mb

3. StreetBees: Earn money by doing chores

Streetbees is a mobile application that allows you to earn money for doing work (some of them just answer questions). They are usually very well paid and can earn more than 10 euros an hour, without referrals, when several tasks are available. Although this App is originally from the UK, it is currently available in 87 countries!

  • Minimum prize money: There is none! What do you do, what do you do, what can you collect!
  • Countries: International! (87 countries)
  • Payment Methods: Paypal
  • Language: Spanish, English, Portuguese
  • Referrals: Single level. You can earn up to 5 Euros per referral. If the friend you invite does a €1 task, you get €1. If the friend you invite does a 5€ task, you will get another 5€.
  • App Size: 26 Mb

4. Simply Tasks: Make money doing missions

Simply Tasks is a mobile application that you can use to earn money for missions. The App allows you to quickly mobilize people to collect large amounts of data and information for businesses. In return, they remunerate each user who participates in one of their tasks.

Missions are simple tasks like checking prices in stores, promotions, giving your opinion about the attention you received, etc. Upon completion of each mission you will receive a payment that you can easily redeem via Paypal.

  • Payment Methods: Paypal
  • Minimum prize money: 10 Euros
  • Language: Spanish, English

5. BeMyEye: Make money doing missions

BeMyEye is an App available in Spain and some other European countries that can be used from iOS and Android. With this App you earn money for small jobs for large companies that contract BeMyEye’s services.

To do this, you’ll find “missions” in the App near you. To complete the mission they will have to perform all the details that are specified of the mission. When you finish it, you only have to upload it (usually through photographs)

  • Minimum prize money: €5 and pay by paypal and bank transfer.
  • Countries: Spain and Europe
  • Payment methods: Paypal and bank transfer
  • Language: Spanish, others
  • Referrals: Single level. Your friends will earn an extra euro when they have completed their first mission and you will earn the same.
  • App Size: 13 Mb

6. GiftPanda: Make money testing Apps

Like the other applications mentioned, with GiftPanda you can earn money by installing applications on your mobile phone, conducting surveys and registering on pages through your smartphone. The minimum payment for this platform is $2.5 via Paypal.

  • Minimum prize money: $2.5.
  • Countries: International! *
  • Payment methods: Paypal, Bitcoins or gift vouchers.
  • Language: English and Spanish
  • Referrals: Two levels. You will earn 10% of first level referrals and 5% of second level referrals. To encourage your referrals you will be given a referral link with which your friends will earn $0.50 (500 points)

7. Gelt: Earn money as you shop

Gelt is a very simple mobile app to make money from the everyday shopping we do in the supermarket.

You buy a product from their catalog, upload the photo of the purchase ticket to the application and in 48 hours you get the commission. Very useful and fun to save money. It also has a good referral system.

  • Minimum prize money: At ATMs from 20 Euros.
  • Countries: Available only in Spain
  • Payment method: Paypal, books, music, gift cards, etc.
  • Referrals: 1 level of referrals.
 You will earn 0.50 per valid registration
  • Language: Spanish
  • Available for Android and iOS mobiles.
  • Size: 4,3 MB

8. CashPirate: Rescue your treasure

CashPirate is an application to make money with your mobile phone available only to Android users for now but for all countries. You can make money by installing and testing other apps, doing surveys, playing videos, conduct free product trials. As you complete tasks, you accumulate credits that you can then redeem for cash in your PayPal account. 1000 credits equals $1.

  • Minimum prize money: $2.50. In other words, 2,500 credits.
  • Countries: International *
  • Payment Method: Paypal, and Facebook Gift Cards.
  • Referrals: 2 levels of referrals.
 You earn 10% of the earnings of your direct referrals and 5% of the earnings of your indirect referrals.
  • Language: English, Spanish
  • Available for Android phones Size: 1.3 MB

9. WhaffRewards: Make money testing Apps

Similar to CashPirate and AppKarma, Whaff Rewards is one of the international applications that offers more options to earn money with your mobile phones. Like the two applications mentioned above, with WhaffRewards you will earn money by downloading and testing other applications on your mobile. Some of the features of Whaff are:

  • Minimum prize money: Payments by PayPal starting at $10.50.
  • Countries: International *
  • Payment method: Paypal, Amazon, Xbox, PlayStation or Facebook Gift Cards.
  • Referrals: 1 level of referrals.
 You earn $0.30 for each friend who uses your code
  • Premium picks: In addition to earning money for downloading other apps, you also earn money everyday by using the apps you download.
  • Available for Android and iOS phones
  • Size: 14 MB

10. Verse, mobile payment transfers

VERSE is a mobile payment application that currently has an exceptional guest promotion in Europe.

You can take advantage of their promotion and earn 1 Euro for every friend you invite!

  • Minimum prize money: You can withdraw the money as long as you have something in your account
  • Countries: International * (Guest promotion for Europe only)
  • Payment Methods: Bank Transfer
  • Language: Spanish and English
  • Referrals: You will earn 1 Euro for every friend you invite to the application
  • App Size: 58.4 Mb

11. GrabPoints: Earn money testing Apps

GrabPoints is another highly recommended application if you are interested in making some extra money available. It is available to users all over the world and has infinite ways to accumulate points and money.

You earn money for making the recommended offers, paid surveys, playing videos, downloading and testing other applications on your mobile…

  • Minimum prize money: Payments by PayPal starting at $3.
  • Countries: International *
  • Payment method: Paypal, and gift cards
  • Referrals: 1 referral level. 1 point for each referral and when the referral reaches 1,000 points, another 500 points are awarded to the sponsor.
  • Available for Android and iOS phones
  • Size: 15 MB

12. AppDown: Discover Apps and win

With AppDown you can earn money on Paypal or earn gift cards on Amazon, iTunes, Google Play by downloading games and other recommended applications. The minimum fee to be paid is only $2. However, the app is in English.

  • Minimum prize money: $2.
  • Countries: International *
  • Payment methods: Paypal and different gift cards.
  • Extras: Daily scratches to earn free points.
  • Language: English.
  • Referrals: 1 Level of Referrals. You win 50% of the points.
  • Operating Systems: Android, iOS

13. GumsUp: Earn money for testing Apps

Great application to win multiple prizes completely free of charge. Its operation is very similar to the other mobile applications we are discussing in the article. With GumsUp you can download and test other apps, view ads, do surveys and some other tasks. All these actions are always free and you will earn points called “Gums” in this application. These points are redeemable for prizes and cash on PayPal.

  • Minimum prize money: €0,80.
 Corresponds to 2400 points.
  • Countries: International *
  • Payment method: Paypal, books, music, gift cards, etc.
  • Referrals: 1 level of referrals.
 You will earn 500 points when the referral has reached 3000 points.
  • Language: Spanish and English.

14. Gift Hunter Club: Money for watching videos

Gift Hunter Club is a website that has a mobile application where you can win a lot of gifts and earn money online. You’ll earn points by viewing ads, downloading free apps, filling out surveys, and many other offers. In return you will be given points that you can redeem for cash through Paypal or Payza or fashionable gift cards, shops, games, electronics, music and more. The application can be used to download apps, watch videos, invite friends, etc.

  • Minimum prize money: $2
  • Countries: International*
  • Payment methods: Paypal, Payza, Amazon Gift Cards, etc.
  • Language: Spanish, English
  • Referrals: 2 levels of referrals
  • Operating Systems: For now Android or web

15. App Trailers, money for watching videos

With this mobile app you’ll earn money for watching videos and downloading some apps to your mobile. (It is only necessary to download them, open them and then uninstall them). Points are redeemable for cash through Paypal. The minimum prize money you can earn is only $0.50.

The only drawback? It’s in English, but even if you don’t know the language, it’s very easy to use.

  • Minimum prize money: $0.50
  • Countries: International *
  • Payment methods: Paypal
  • Extras: Daily scratches to earn free points
  • Language: English
  • Referrals: No referral system
  • Operating Systems: Android, iOS

Not Recommended: TappOrod

Like the other applications mentioned, this application lets you earn extra money with your mobile phone for watching videos and installing applications but currently is not paying the users. The minimum fee on this platform was $5. Although the App is in English, the offers will appear in Spanish. Money is received via PayPal. It has a referral system with which you can also earn points.

  • Minimum prize money: $5
  • Users: Available in all countries
  • Payment methods: Paypal and gift vouchers for Amazon, Game Cards, etc.
  • Language: English
  • Referrals: Single level. You’ll earn up to $0.60 for every guest you invite. In turn, the guest will earn $0.25 using your invitation code.
  • UPDATE: TAPPORO has not made payments to its users for 6 months. Hence this app is not recommended.

Payment methods for mobile apps

These type of application has different payment methods, the most common being Paypal. If you want to make money with these applications you must have a Paypal account. They also offer gift card payment options for Amazon, iTunes, Steam, Google Play Store and many other stores.

Things to Keep in Mind When Making Money with Apps

Don’t expect to make large sum of money. These apps pay their users to try other Apps and need a huge database to complete their studies. At most you will get paid 1 Euro per downloaded App and you will have a limit of downloads per day.

Be careful with some Apps. It is not convenient to download everything they offer in order to earn money. Some users have complained that some Apps have filled their cell phones with Pop Ups. Normally uninstalling the App will solve the problem but as a general rule I advise you to download the Apps that you might be interested in and not all the ones that are available (especially Apps that you don’t know what they are).

To withdraw the money, you will usually need an online payment processor. The most common is Paypal.
To reach the minimum payout, you’ll need to have a little patience as the first day is difficult to reach that minimum.

Conclusion

These applications are intended to bring some extra income to the user but in no case can you earn large sums of money. You make money with patience, but it’s a very entertaining way to do it by discovering new applications, new game apps available or watching interesting ads.

Best of all, you can do it anywhere and at any time by using your mobile phone. You can use time waiting for the bus, train, queuing up to buy tickets…. any opportunity is good for adding up money. At the end of the day, profits can come in handy to buy a treat, pay a house bill or cover an unexpected expense.

Another important aspect to note is that all these apps are completely free and you can uninstall them whenever you want. It’s recommend you to visit this section from time to time as more money making  apps would be added to the list.

Have you tried any of these apps to make money with your mobile phone, or what other apps do you know to make money with? Any doubt or suggestion, do not hesitate to mention it in the comments section.

Winning your First Million Dollar: Warren Buffett’s Way

If anyone knows how to make a fortune, it’s the Oracle of Omaha – Warren Buffet. Simply take his advice, work towards it and get rich. Whether you’re looking for investment advice or getting rich, Warren Buffett could be the perfect role model. Known for his Berkshire Hathaway holding company, Buffett has a net worth of over $80 billion according to Forbes. But the Oracle of Omaha was not born with bread under his arm. Although his origins are humble, he made a net worth of $1 million at age 30, so it’s no wonder many people think Buffett knows a thing or two about how to make money. If you’re looking for tips on how to improve your investments or earn a million dollars, Buffett has a lot to teach you.

Here’s Buffett’s advice so you can win your first million dollars.

Develop an entrepreneurial mindset from the start

As a young man, Buffett had a gift for thinking differently and finding creative ways to make money. He had a job delivering newspapers and a pinball machine.

So, learn from Buffett: If you want to become a millionaire, don’t put off your business until you’re older. Find ways to earn more money – and once you earn it, make a savings plan and start investing. People who start investing early save more and reap the benefits of compound interest. People who start investing early also tend to have greater financial awareness in other areas. They tend to realize more quickly where they are wasting their money and find ways to apply the wisdom to invest in other parts of their lives.

Reinvest your profits

If you make money on an investment, don’t take it out – follow Warren Buffett’s investment strategy and reinvest your profits. As a teenager, Buffett partnered with a friend and opened a pinball machine business. They started with a machine and a $25 investment. Instead of spending all their profits on teenage stuff, they used the money to buy additional machines until they had eight in different places. When the two partners split up and sold the pinball business, Buffett used some of his profits to open another one. Being optimistic about business is great, but not always successful. Each month, save 10 to 25% of your earnings and reinvest them in different businesses. Thus, even if one of your investments collapses, “the rest will be safe in other industries”.

Avoid unnecessary debt

You may be familiar with the saying, “You have to spend money to make money. Starting a business requires a certain amount of capital, and some people depend on loans to start or expand a business. Warren Buffett’s advice on this matter is this: avoid unnecessary credit card and loan debt. In a 1991 speech at Notre Dame, Buffett said he had seen many people fail “because of liquor and leverage”. He even named Donald Trump, citing some of his investment failures in his example. “He just thought about how much money he could borrow, and he didn’t think enough about how much money he could pay back,” Buffett said. “If you’re smart, you’re going to make a lot of money without taking out a loan,” Buffett continued. “I’ve never borrowed a significant amount of money in my entire life.”

If you have no choice but to ask for money, keep the interest rate low.

Although Buffett prefers to buy companies without borrowing, he uses leverage when he can increase the return on capital. In a letter to his 2010 shareholders, Buffett mentioned a benefit from the loans, as well as a danger. “When leverage works, it magnifies your profits. Your spouse will think you’re smart and your neighbors will envy you,” Buffett said. “But leverage is addictive. Once you have benefited from its wonders, very few people return to the more conservative practices. If you’re trying to make millions of dollars and have to borrow money, just borrow what you need at a low, fixed interest rate. Then, pay your debt as soon as you can.

Live frugally

Wondering how to make millions like Buffett?

Don’t forget to imitate his lifestyle and follow investment strategies. Normally, the more people earn, the more they spend. They improve their lifestyle with bigger houses, luxury cars and better holidays. But Buffett takes a different approach. Despite his enormous fortune, Buffett lives a simple and modest life. He currently resides in Omaha, Nebraska, in the house he bought in 1958 for $31,500 – $250,000 inflation-adjusted – and in 2016 he earned only a base salary of $100,000 as president and CEO of Berkshire Hathaway. The more you spend, the longer it takes you to win your first million dollars. If you live simply and minimize your expenses, you will have more opportunities to save, invest and earn thanks to compound interest. Follow Buffett’s lifestyle and you’ll be able to get rich much faster than those who spend a lot.

Never stop learning

You don’t need a college degree to make millions, you need to feed your mind. Doing so can help you understand how different investments and businesses work. Buffett may be an investment genius, but that doesn’t stop him from reading and learning. Buffett says he reads at least four hours a day. If you want to be a millionaire, you have to be the best at something, and the only way to do that is to keep feeding your mind. A normal person can’t spend all day reading. However, what you can do is take advantage of every learning opportunity, such as attending investment conferences and seminars or taking online courses.

Surround yourself with people who will motivate you

Buffett encourages you to surround yourself with people better than you. Choose people whose behavior is better than yours and you’ll end up like them. Remember, the people in your life can motivate you to do good or evil. To do it right, you have to imitate successful people. Maybe that’s why Buffett surrounds himself with business people like Bill Gates, who have been friends for 25 years now.

The goal is simple: To make more money, choose your friends with your carefully. You don’t have to avoid your ruined friends. But you’re not going to become a millionaire if you spend time people who make excuses or tell you you can’t do anything.

Don’t ignore the opportunities

Winning your first million could be risky and going out of your comfort zone, which requires confidence. Fear or doubt on this journey can be a stumbling block, especially if you question yourself and reject potentially lucrative opportunities. Opportunities don’t come along every day, and Buffett’s best investments are proof that he knows how to take advantage of opportunities.

In a speech to the students of the University of Georgia, he gave this advice:

You have to take advantage of the great opportunities that life gives you. “We don’t do a lot of things, but when we get the chance to do something that’s right and big, we have to do it,” Buffett said. “And even doing it on a small scale is as big a mistake as not doing it at all. You have to catch them when they come, because you’re not going to have 500 great opportunities in your lifetime.

Bottomline

Between his investment approach, his business philosophies and his simplistic lifestyle, the Oracle of Omaha is a role model. After all, Warren Buffett’s investments have added billions to his net worth. Not only does he know how to make money, he also knows how to save. You don’t have to imitate everything he does, but if you start to follow some of its strategies, you may end up discovering the path to financial freedom.

Don’t Read….If You Want to Make Money – Quickly, Easily, Without Efforts

Before continuing reading this post, can you do one thing: Open your E-mail and search your Inbox/Spam folder.

And you will surely find some very generous invitations about how to make money without doing anything (how good it sounds!) with “just one click” and “without having to leave home” on the Internet. And definitely you must be wondering behind that computer/mobile/tablet screen is there any truth?

Well, not everything is true and not everything is false. You can make money from the Internet, but living the life of a guy with a silver spoon in the mouth is another story. There are limitations you need to know about so that you can decide which method to use and actually know how much money you are going to make with scams abound and which method can be best avoided.

 

People still look for “how to make money without doing anything, “making money while you sleep”, “how to make money without investing anything on the internet”, “making extra money without investing”, or even putting a lot of effort into their searches: How to make quick money without investing?

Make quick money without working. And without investing.

Always remember one thing in mind, you must always invest something to earn money, either time or money. But beware, it is not possible to earn money without doing anything, without lifting a single finger and without investing! Unless you are inheriting a huge amount of wealth.

But this is what most people are looking for! 🙂 Earning money without investing time.

No matter what you decide to do (fill out surveys, start a blog, trade stocks, make money with Instagram, make money with Freelancing, Clickbank, etc.) you have to keep in mind that everything has a method and a way of doing it, so you will have to first learn about the business and how to do it.

Yes, to make money online you have to study, research, find out. You don’t need the same trading skills as you do to maintain a blog, and you need to identify it so you know which option is right for you, your lifestyle, and your expectations.

You don’t need to study for five years to get started, but you do need to read a lot, look for reliable sources from people who have already done, what you have in mind (the power of imitation), and see what their experiences were like.

Always remember that information is power! And on the internet you can gain knowledge about almost everything.

Earn money without working? Really????

Remember you will surely have to work, and a lot! And nothing is free and there are no shortcuts! Especially in the online world.

If you want to make money from your computer, you’ll have to put energy into it and win. Of course, it’s not an office job where you have to fulfill your boss’s impossible goals by eliminating your lunch hours and sacrificing your social life.

You will have to devote a good amount of time to the subject, put a method in place, set a goal, make sacrifices, self-taught, self-motivated. In short, you will need to work, move your buttocks as hard as you can in pursuit of your dreams!

Earn money while you sleep?

This is one of the best. I assure you you won’t get anywhere without a definite plan!

If you really want the results to show and buy more than just a beer a month with your money made on the internet, you will have to make a plan: goals, hours dedicated to learning, hours dedicated to applying what you have learned, short, medium, and long term strategy…

It’s just that every business, no matter how informal it may seem, will always need a constructive plan and a vision to push it forward, and that’s how you can achieve your end objective.

So ask yourself….

What tools do I need? When do I get free time? What expectations do I have?

Put everything in writing and even if you can put it in your personal calendar, you can see how in the middle of your “day to day” you can start to get the necessary space for your new work virtually. Stop telling yourself that you don’t have time. It is just a lazy thought! And you know it very well….

Also, and as extra advice, it is recommended that you do the most tedious tasks, right at the beginning of the day, when you have more energy. This is the ritual successful people follow in their life. And that’s why they have achieved so much in their life and achieved the crown of the most successful people.

How to make money fast? No, guys, there is no such thing!

You know something? Just as there will be months where you will have good money in your account, there will also be a time when you do not have enough money in your account and get tired of the effort and will want to leave everything behind.

But you have to be strong and keep on going!

Because no one else is going to make your money for you, and you have to be very clear about that.

And please, never trust offers that offers to give you a very high return (profit) in exchange for simply putting money into it. There is no way to foresee the future! And if your predictions fail those you give your money to, you’re sure to be the one who’s going to lose a lot of money (not them). So stay away from those scams! Check out money making scams used by tricksters.

And finally, you have to be patient

Because if you want to become a millionaire overnight, the best thing (and the only thing that can make this happen) is that you continue to invest in lottery every week, to see if God does the miracle for you. Or inherit huge amount of wealth.

But be assured that that business, including Internet business, is about patience, hard work, and perhaps some luck, understanding this as something that only happens to prepared people.

You’ll find your luck when you’ve worked hard enough to recognize the opportunities ahead. And to get there, it’s just patience you’ll need. And, therefore, perseverance, as already said.

And voila! You can start building your own empire online.

And well, the most important thing for one to start in something is that one’s mind really believes in. And even if it requires investment, go for it strategically. Investing becomes important when you learn that every dollar invested will generate 1.5 dollars, or maybe 2 or 3. And automatically your life will make a radical change!

There are many more people building huge empires on the internet, so don’t miss out on this great opportunity we have today. You should be responsible for your own work and stop looking for instant gratification, making quick and easy money. Because it doesn’t exist!

Like, you can’t have a baby in a month by getting nine women pregnant, because everything that’s really worthwhile in life takes time. You will always have to learn something new, work hard, revise your plan to adapt it to the changes in your life, persevere when the difficult times approach and have a lot of patience to see the results.

It is true that the Internet is immense and that the possibilities it opens up are endless, but with a small beacon to guide you, be assured that you will be able to surf the web without fear of drowning, without fear of making a mistake.

PS: Pay more attention to your present, because the key to your future is hidden in your daily life.

8 Tips for Earning a Lot of Money and Getting Rich

There’s no recipe for getting rich, but it’s no big secret either. Note down these tips and take advantage of the opportunities that come your way.

It’s safe to bet that more ink and paper has been spent on making more money than on anything else – who would have thought basic things like food, transportation or a home would cost so much? We used to think of a millionaire as a rich man.

So how do you get ahead of the game and stay there with the costs rising more and more? Surprisingly there is no secret to making a lot of money. The problem is that people want it to be easy, like winning a lottery ticket, a magic formula for everything to fit in the right place to invest and get rich.

Must Read: Tips to become a rich entrepreneur

But remember that we are living in the real world and not in a fantasy. Here are the ways people usually make money, lot of money.

1. Start with nothing and grow up in a tough neighborhood: Many successful people started with nothing and struggled every day of their lives to achieve it. Starbucks founder and CEO Howard Schultz grew up not far from where I lived in Brooklyn. Competition and adversity make great leaders.

2. Do what you love and pray there’s a market for it: Steve Jobs said, “The only way to do a good job is to love what you do. If you haven’t found it yet, keep looking. Don’t settle for it” I was absolutely right, if you follow your passion and so do your customers, the money will flow.

3. Follow the yellow road to Silicon Valley: The high-tech industry has made a lot of money for a lot of people, not just big executives. Why? Technology startups are the land of equity and opportunity.

4. Own your own business and live like a monk: Two-thirds of millionaires are self-employed. Most of them have small businesses with low budgets, they invest their money and according to the book “The Millionaire Next Door”, they never got any inheritance, do you really need a new car?

5. Take risks, make mistakes and trust your instincts: Many people take big risks, some intelligently, some somewhat foolish, others not supposed to. Trust your instincts and act smart. You’ll be wrong a lot of times, but that’s okay. No one came out on top by going in a safe zone.

6. Work like never before and make many sacrifices: It’s not a question of enslavement, but keep in mind that Yahoo CEO Marissa Mayer is a workaholic who is in the office about 90 hours a week. So does Elon Musk, who has two companies and does not know how to delegate and let’s not forget Steve Jobs when he had Apple and Pixar at the same time.

7. Make your own luck: They say that luck is when opportunity meets preparation. Even though many millionaires were very lucky, they never stopped looking for opportunities when they saw a bit of possibility. So advice is to go out into the real world for networking.

8. Diversify, diversify, diversify: The idea of old age is so true that it’s not funny. I have an old friend, whose investment strategy has always been to put his money in as many different places as possible. It takes time and effort, but the pay is incredible. Save your money, invest it wisely and diversify.

You can always call yourself a social networking entrepreneur or a CEO who generates all kinds of free content while people on Facebook and Google get rich. The truth is, no one got anywhere doing what others did. It would be the same if you compared a lottery ticket and prayed for a miracle.

Elon Musk: 10 Motivational Quotes to Start Own Business

This genius behind multi-million dollar companies like Tesla Motors, SpaceX, and PayPal has much to teach us about innovation, creativity, and efforts. This is his story.

We never know when the next child who changes history and breaks paradigms will be born. For our generation, that date was June 28, 1971, and that child was Elon Musk, the South African physicist, investor and entrepreneur who is today working on taking the human race to live on another planet.

Musk is credited not only with creating the first economically viable electric car, the Tesla Roadster, but also with creating SpaceX, the world’s largest private space exploration company.

And if you can talk about a visionary, you’re probably talking about him. His desire to change the world and humanity drastically is imminent in each of his speeches. Some of its goals are to slow down the process of global warming by abandoning fossil fuels for renewable energies, especially solar energy.

Also reduce the risk of a possible extinction of the human race by evolving into a “multi-ethnic civilization” through the creation of a permanent human colony on Mars of about one million people.

He is president of the Musk Foundation, which focuses its philanthropic efforts on science education and pediatric health, and is a trustee of the X Prize Foundation, which promotes the use of clean energy.

And all his achievements would not be possible without his tremendous commitment to everything he does. Musk has described himself as a workaholic who usually spends between 80 and 100 hours a week working at Tesla and SpaceX. On average, he sleeps between 6 to 6.5 hours a day, and on the rare occasions when he has free time, spends it playing with children.

These are 10 famous phrases by Elon Musk that every entrepreneur should read:

  1. Things are not done differently so that they are not the same, but so that they are better.
  2. Something can happen if you have first determined that it is possible.
  3. A human being’s biggest mistake is selling his own startup.
  4. I like to create things related to new technologies and that break with conventions, so that they say to me: ‘Unbelievable! How did you do this? How did you do it?’.
  5. The fact of achieving a great innovation and breaking with the established is not the result of a person, or of an advance, but of a whole collective that has allowed it to happen.
  6. I don’t believe in tricks for an innovative mindset. I think it’s a way of thinking along with the daring to make decisions.
  7. Failure is an option here. If things don’t go wrong, you’re not innovating enough.
  8. Persistence is very important, you must not give up unless you are forced.
  9. Work hard every hour while you’re awake, it’s what it takes to be successful if you’re starting a new business.
  10. The biggest mistake I’ve made (and still make) is to focus more on talent than on the character of my team. It’s important to surround yourself with people who are kind and have hearts.

14 Part-Time Jobs for Seniors after Retirement in USA

If you want to stay active even after retirement, a part-time job may be the perfect answer for you. This way, you could also continue to make money during the golden years of your life.

So here are some great ideas to keep earning money after retirement for seniors:

1. Consultant

If you loved your career before retirement, offer your consulting experience, which involves fewer hours. The pay varies, but you can divide your old salary by the hours worked.

2. Tutor

It is an excellent choice for retired teachers. You can prepare students for exams such as the SATs, among others. The salary is about $17 an hour.

3. Sports Coach

If you love sports and want to share that passion with new generation, this job is for you. While it doesn’t offer a high salary, as it pays $14 an hour, it’s always good to have extra money.

4. Tax Preparer

If you have an accounting background, it may be an ideal option. In general, these people work long hours during the tax season, for a salary of $12 an hour.

5. Accounting Clerk

Surely you must know how to use some computer accounting software and also Excel spreadsheets. Your customers will appreciate your attention to detail and you’ll be paid $16 an hour.

6. Medical Biller

They are responsible for preparing, sending and tracking medical bills to patients. In general, companies prefer to hire people with a university degree. The salary is between $15 and $17 an hour.

7. Blogger

Do you like to write? This work requires minimal knowledge of technology and can be done from home. If you’re an expert on any subject, just get started. The salary will depend on the success of your blog, as companies would choose to advertise to those with more readers. You can also offer writing services to publication houses/website owners. There will be always a demand for quality writers.

8. Virtual Assistant

If you’ve worked as an assistant before and are comfortable with the technology, you can do it remotely and virtually. In general, this job pays about $15 per hour.

9. Customer Service

It’s another remote job, which can be done by phone or chat from home. It is based on counseling people who have problems with a service or product, and the wage is $13 per hour.

10. Pet Keeper

If you love animals, why not take care of other people’s pets when they’re not around? The good news is, this job is in demand year-round. Salary is about $13 an hour.

11. Driver

Companies like Uber and Lyft have made it much simpler: all you need is a clean, working car. The salary will depend on how much you work and the city where you live. But on average, a Uber driver earns minimum $700 a month.

12. Cashier

Depending on the time of year, stores really need to hire more workers. For e.g. during Christmas or Black Friday teh demand typically picks-up. The salary is about $10 an hour.

13. Craftsman

If you are skilled at creating or making crafts, such as carpentry, you can turn your hobby into a business. How much you earn will depend on the materials and the level of detail you have!

14. Translator

If you are bilingual, you could make a lot of money by working for companies or as a freelancer. Almost $20 an hour, according to PayScale.

How to Turn Your Hobby into Business: Earn, Save Money on What You Love

Everyone has something to do and are passionate about even if you don’t make any money doing it. It could be writing, translating, editing, painting, and others. But what if you could turn your hobby into a business? What if you get paid to cook food or take pictures?

Check out what you need to know, before you set out to make money with what you love to do.

Ask yourself why?

It’s important that you know your goal, do you want to earn extra money while keeping your job, or are you looking to start a business that is your main source of income? Being clear about your goals would be helpful in the process.

Are you ready to handle stress?

Turning your hobby into an endeavor could cause you to stop liking it at times. Are you so passionate about it that you have to endure the stress, the deadlines and the financial repercussions, atleast in the initial days of starting the business? It’s one thing to practice your passion in a relaxed way, in your spare time, and quite another to practice it for years, every day, under pressure. Of course, as your business grows your motivation will also increase.

Make the most of your time

Between office work, children and other responsibilities, you may have little time left to start your business. That’s why, at first, you’ll need to use your creativity to find your free time. For example, you can wake up an hour early in the morning or, why not, ask your children for help.

But remember, if your schedule is too tight, you could lose productivity.

Research the market

Before you invest money in your idea, you should find out if there is demand for your product or service. Among other things, you should investigate how big the potential market is, who the people would be interested in, what their income would be, if there are other businesses offering the same thing as you and how much you are currently paying for that product or service.

Create a plan

To start monetizing your hobby, you need to put together a strategy. The clearer your path and outlook (including what you’ve found out about the market), the more likely you are to do well. Guitar teacher Tom Hess, for example, began teaching in the evenings and on weekends, while continuing his work and saving money, according to the magazine. Once he had enough funds to cover four to six months of expenses, he would have quit his job, devoting himself entirely to teaching. Your plan, of course, will depend on the business being planned.

If in doubt, you can consult a financial advisor.

Money Saving Tips for Small Businesses

Running a business (small or big) is no easy task, especially if costs increase every year. However, you can use some smart methods to reduce costs. Sounds good, doesn’t it? Let’s understand how small business owners can save money

1. Reduce space

The offices have become more efficient, because thanks to mobile devices and collaborative workstations, among other advances, space has been reduced.

Work from home?

If your business allows it, you can save money on insurance, taxes and services. Today, technology offers you a much more mobile way to manage yourself.

2. Save on employees

Look for interns or freelancers. You can also offer short-term jobs. If one of these employees stands out, you can hire him or her on a permanent basis.

3. Print less

In addition to ink and paper costs, you should also consider storage space. Instead, save your files digitally on a hard drive/cloud servers and print them out only if necessary.

4. Travel less

While you cannot avoid certain meetings, it makes sometimes worth to schedule meetings digitally with video calls, and avoid travel (and save the costs of doing so).

5. Negotiate with your suppliers

These are necessary expenses, but many suppliers are open to negotiate a better price, as they would rather do that than lose a customer.

6. Save on advertising

Traditional advertisements, such as those seen on television, are very expensive. On the other hand, paid ads on social networks tend to be cheaper and also capture a large audience, according to Money Crashers.

Free advertising

If you take the time to build an identity on social networks, gain followers and generate content, you could get a lot of attention for free, without paying for ads.

7. Insurance

Sit down with your insurance agent and detail all aspects of your business to find convenient coverage. You’ll be surprised at the difference in price between different companies.

8. Make the most of your time

Find out which tasks are priorities and better manage the time you spend on them. For example, work on your company’s marketing to attract new customers, which means more profits.

Other benefit: less stress

Making good use of time means understanding that some tasks, such as answering emails late at night, do not provide a benefit. If you work on this aspect, your health will also improve.

9. Prepare for your taxes well

Minimizing your tax bill can be the most efficient way to improve your business results. This means taking advantage of all available deductions in your favor.

10. Maintain business expense record

Get into the habit of keeping track of all business expenses by keeping receipts. You can also write down your vehicle’s mileage when you travel on business.

11. Use the cloud

If you want to reduce costs in maintaining your servers and everything related to technology, using “the cloud” is very beneficial, as it requires virtually no technical support.

Swiss National Bank offering Lowest (-0.75%) Interest Rate in the World

Parking your money in the bank earns you interest and is considered a safe haven amongst risk averse investors. However too much of money in the bank is not good for bank either, as they have to pay interest to the depositors. This is the reason banks keep on reducing the interest rate.

For e.g. when Reserve Bank of India (RBI) increased the interest rate the effect ultimately was seen on borrowers as banks also increased their interest rate on borrowings.

Since the interest rate on savings account is already low it is further making Indian consumers unhappy.

But do you know that similar to RBI, centralized banks across the world schedule meetings after a set time interval. And during these meetings, the decision to increase/decrease the rate is taken.

Recently (in Jun’18) Swiss National Bank (SNB) conducted meeting in which they decided to continue with the negative policy rate. SNB has maintained negative interest rate of -0.75%. This basically means that, account holders keeping deposit with the bank will have to pay interest to the bank. Strange isn’t it? Doing this, bank wants to entice consumers to invest more elsewhere and spend more with the money they had instead of depositing it in the bank. This rate is actually the lowest in the whole world.

Similar to Swiss National Bank, Bank of Japan has also followed the suit and has kept negative interest rates.

Reasons for Reducing Interest Rate

There are broadly two main reasons of banks reducing the interest rate as follows:

  1. Increase investment i.e. people will borrow more and hence more profit to the banks.
  2. Increase demand i.e. flow of money in the system. Since banks have more money they can lend more i.e. borrowing will increase. So consumers will start spending or invest in other investment products i.e. spend will increase and hence the employment will spurt. Ultimately economy will grow.

Listed in the below table is the interest rate charged by central banks across the world:

Name of Central BankInterest RateNext Meeting
Reserve Bank of India6.25%August 1, 2018
Bank of England0.50%August 2, 2018
European National Bank0.00%July 26, 2018
Federal Reserve2.00%August 1, 2018
Swiss National Bank-0.75%September 20, 2018
Reserve Bank of Australia1.50%July 3, 2018
Bank of Canada1.25%July 11, 2018
Bank of Japan-0.10%July 31, 2018
People's Bank of China4.35%NA

4 Ways to Save Money on Cancer Treatment: Free Insurance, Low Cost Treatment & more

Cancer is one the most deadly disease and leading cause of death worldwide. And even worse is the pain and emotion it brings and most importantly the treatment expenses.

Even after taking the treatment, every year more than 5 Lakh people die of cancer in India as per statistics from National Institute of Cancer Prevention and Research. Depending on the type of cancer, the cost of treatment varies. And the treatment expenses wipes-off significant amount of money from the individual’s pocket.

Although there are personal loan for medical treatments available but such a loan puts the borrower in a bigger debt as the overall treatment cost increases due to high interest rates since it is an unsecured loan. There are secured personal loans as well carrying lower interest but in either case, borrower will be in debt.

But there are other ways to save money on cancer treatment providing relief to the patient and his/her family members to a great extent.

The options are:

  1. Financial aid from the central and state government
  2. Low cost treatment centres
  3. Life Insurance – Free (no premium to be paid) & Paid
  4. Health Insurance – Free & Paid

Let’s get into detail of each of these ways to save money on cancer treatment.

Financial Aid from Government of India

Not many of us are aware of financial aid given by Indian government to the cancer patient for treating the disease. This financial assistance for cancer treatment is especially for the poor or individuals falling under below poverty line (BPL). Here is the list of schemes from the government and the financial aid provided:

Name of Government SchemeFinancial Aid
Rashtriya Arogya Nidhi (RAN)Up to Rs. 1,00,000/-
State Illness Assistance Fund (SIAF)Up to Rs. 1,50,000/- or more
Health Minister’s Cancer Patient Fund (HMCPF)Up to Rs. 2,00,000/-

Low Cost Treatment Centres

There are many hospitals where a cancer patient can be treated at a very low cost compared to private or other hospitals.

Tata Memorial Hospital, Mumbai & Kolkata: This world class cancer hospital and largest in Asia is the leading cancer treatment and research centre in the world. Being a non-profit hospital present in Mumbai and Kolkata; 70% of the poor and underprivileged patients are treated for free or at a highly subsidized rates. (https://tmc.gov.in/)

All India Institute of Medical Sciences (AIIMS), New Delhi: Offers various cancer medical tests and treatment procedures at lower rates compared to private hospitals.

Rajiv Gandhi Cancer Institute and Research Center, New Delhi: Is a non-profit treatment centre and offers diagnostic and therapeutic treatment at a very affordable rates. (http://www.rgcirc.org/)

Shree Santram Samdhi Sthan, Nadiad (Gujarat): Offers treatment to individuals from low or middle income at a very affordable cost. (http://www.santramhospital.in/)

Adyar Cancer Institute, Chennai: This charitable hospital offers free of cost treatment to 40% of the patients and charge a nominal amount for the rest. (http://cancerinstitutewia.in/CI-WIA/)

The Gujarat Cancer & Research Institute, Ahmedabad: Offers free treatment to individuals below poverty line and the institute’s staff. General category patient are treated at an extremely lower cost. (http://gcriindia.org/)

Indian Cancer Society, Mumbai: Provides cancer check-up/screening service at a very nominal charge. The society also supports patients with annual family income of less than Rs.1 Lakh. (http://www.indiancancersociety.org/)

Kidwai Memorial Institute of Oncology, Bangalore: Treatment cost at this institute is very nominal. Also the medications provided here are 40 to 60% cheaper than the market rates. (http://www.kidwai.kar.nic.in/)

Other treatment centres offering affordable cancer treatment are:

  • Netaji Subhash Chandra Bose Cancer Research Institute, Kolkata: (http://www.nscri.in/)
  • Regional Cancer Centre, Thiruvananthapuram (https://www.rcctvm.gov.in/
  • Sri Shankara Cancer Hospital and Research Centre (https://shankaracancerfoundation.org/)

Low Cost Life Insurance for Cancer

Insurance is the best money saving option when undergoing treatment for disease like cancer because of the treatment cost which is largely paid by the insurance company. Depending on the type, insurer will pay certain amount of money in return of premium paid by the insured person.

Person can buy either life insurance or health insurance for cancer.

Listed in the below table are the companies offering life insurance for cancer:

Life Insurance Plans for CancerPremiumPolicy Cover
Indian Cancer Society + New India Assurance CompanyRs. 421Rs. 50,000
ICICI Prudential Cancer Care PlusFor a cover of 10 Lac Rs. 4,604-Rs.8,945 (men) and Rs. 8602-Rs.14,845 (women)Rs. 5 Lacs – 25 Lacs
Max Life Cancer Insurance PlanRs. 8,050 for 20 Lac coverRs. 10 Lacs - Rs. 50 Lacs
AEGON Life iCancer Insurance PlanRs. 5,633 for 20 Lac coverRs. 10 Lacs - Rs. 50 Lacs
HDFC Life Cancer Care PlanRs. 3,400 - Rs. 8,700 for 20 Lac coverRs. 10 Lacs - Rs. 40 Lacs
Future General Cancer Protect PlanRs. 1,144Rs. 10 Lacs - Rs. 40 Lacs
SBI Life Sampoorn Cancer SurakshaRs. 660 for 10 Lakh coverRs. 10 Lacs - Rs. 50 Lacs
Shriram Life - Comprehensive Cancer Care PlanMinimum premium Rs. 500Rs. 5 Lacs - Rs. 50 Lacs

As you can see, insured person can get significant sum assured by paying a premium. This is why having a life cover is highly recommended.

However there is a waiting period of 180 days that comes with these life policies. Meaning, claim can be made only after 180 days of purchasing the policy. Any claim made within 180 days shall be considered invalid. And these life insurance policy has a maturity period beyond which policy ends and no claim will be honored. The premium depends on various factors such as age, smoking, gender, sum assured, policy term and few others.

Health Insurance for Cancer – Free & Paid

The above table lists life insurance plans specifically for cancer. Another way to save money on cancer is buying a comprehensive health insurance covering multiple health conditions including cancer or buy critical illness plan providing coverage for cancer. These medical cover for cancer can be bought from private insurers or from government run insurance companies as listed in the below table. You can also take benefits from free insurance cover offered by central or state government as listed below:

Sr. No.Health Insurance for Cancer - Name of PlanPolicy Cover
1Ayushman Bharat - Free Health Insurance by GovernmentCoverage upto 5 lakh rupees per year
2Rashtriya Swasthya Bima Yojana (RSBY)Cover of upto Rs. 30,000
3Star Cancer Care GoldRs. 3,00,000 - Rs. 5,00,000
4Dr NTR VaidyaSeva Health Insurance Scheme (Andhra Pradesh only)Cover of up to Rs.2.50 lakh per year
5Aarogyasri (Telangana only)Cover of up to 2 lakh per year
6Comprehensive Health Insurance Scheme (Tamilnadu only)Upto 1,50,000/

The premium varies according to the age, cover taken, and many other factors.

There is another medical cover especially designed for cancer offered by Star Health called as Star Cancer Care Gold. The insurance offered by Star Health is very unique and it is designed specifically for Cancer and offers coverage to individuals who have already been diagnosed with Cancer.

Plans 1 & 2 above are carry no premium and the cost is borne by the government.

Plans 4 – 6 above are offered by respective state governments for free. There are many other states where insurance for cancer is offered. This list would be definitely updated soon.

Hopefully these options to save money on cancer treatment will help you. Do share this with your friends/acquaintances so that everyone can benefit from it.