The New Look of FanBox Bank!
If you try to view your earnings in your FanBox Bank now, you will see its new look. As you can see from the sample I had presented, it is more detailed now.
My Explanation About FanBox Bank. . .
As you can see on the sample above, it says that my all time earnings were $906.56. Not so bad earnings right? Actually, I had just started blogging here on FanBox last March 2011. I had already made $290 cashout here. This $906.56 was the earnings that I had made since I started blogging here.
So. . . why is it that I haven't got to cash out that $906.56 earnings?
Simple. It is because when I started blogging here, I was using a FanBox Ads Service. It lets me earn bigger. Before, FanBox Ads costs a minimum of $3.00. Through it, you can promote you posts on your blogs and it will be displayed all over the FanBox website. It drives more viewers to your blog and it makes you popular too. Thus, giving you a chance to earn bigger. It had really helped me a lot to earn. But, there were some times that the cost of my Ads were greater than the amount of my earnings. To make it more clearer, just look at this example below.
EXAMPLE:
$3.00 is the minimum budget for making an Ad.
I had made 3 Ads and I had set it to the minimum cost which is $3.00.
So, all in all, I have to pay $9.00 a day so that the 3 ads that I had made will be shown continuosly every day.
1st day:
Earnings: $15.00
Costs: $9.00
// I profited $6.00 on the 1st day.
2nd day:
Earnings: $20.00
Costs: $9.00
// I profited $11.00 on the 2nd day.
3rd day:
Earnings: $3.00
Costs: $9.00
// I lose $6.00 on the 3rd day.
As you can see on the example above, before, your earnings from Ads may vary from time to time. You may get a big return from your Ads but sometimes, you may also lose from it. Before, your Ads would really be based on the clicks that you get from it. The more people who clicks it, the bigger your earnings will be. It also depends on the time that they had alotted in viewing your post. The longer they spend time on reading your post, the bigger you will earn. That's why before, if you make Ads, you have to always see it's performance. If it doesn't perform well or if it has low percentage on clicks, you will really need to pause it and make better ones. All your earnings from the day you started will be recorded at your all time earnings. Including the earnings which you reinvested or used for your Ads. In my $906.56 all time earnings, $290 of it had been already cash out. The $40.13 was my earnings from the last month which can be use for reinvestment when this month ends and this can also be cash out on the following end of the month if I will not reinvest or use it for my Ads. $292.68 - $40.13 = $252.55 of it was my earnings for this month.
So, all in all, $906.56 - $290 - $40.13 - $252.55 = $323.88 of my earnings was the amount I had spent on my Ads and investment which is also recorded on my All Time Earnings on my FanBox Bank.
Did you already understand why I haven't got to cash out my all time earnings which was $906.56? Well, if not you can read it once more. . .
Let's take a look at the new style of FanBox Bank now. . .
If you click on the circles which has an i at the center, it will display detailed information about the status of your earnings.
Matured Earnings are your earnings that be used to purchase Ads, to Invest or to cash out 60 days after the earning month.
Some thinks that if they earn $50 on January 5, they can cash out it on March 5. Well, it is wrong. Your earnings will start to be calculated for maturing at the end of the month. If you earn $50 on January 5, you can cash it out at the end of March. Earnings here on FanBox are starts maturing at the end of your earning month.
Un-utilized Top-ups are the money which you added to your bank through PayPal or western union. This money can be already used to purchase Ads, invest, and cash out. Some people are doing this now. They are adding funds to their account here on FanBox so that they can have a capital that they can use to make money on FanBox easier.
Available to Cash Out or Invest Today are the total of your Matured Earnings and Un-utilized Top-ups.
Earned Ad Credits are your earnings that can only be used to purchase Ads and can be utilized immediately. To be more specific, it is your earnings that you earn 30 days from its earning month. It can also be used for investment. If you want an earnings that can be already used to purchase Ads and investment and can be cash out 30 days after the earning month, you may like to earn through categorizing and and rating others posts. Learn more about categorizing and rating posts here.
Available to purchase Ads is the total of your Available to Cash Out or Invest Today and Earned Ad Credits.
Earnings not yet matured are your earnings that still haven't completed its 30 or 60 days maturing process.
In your FANBOX BANK BALANCE, it is where all your funds and earnings will be shown including the earnings which is still not yet matured.
If you will be going to click your balance to see your balance details, the same detailed format will also be shown to you.
