One of my most popular posts on my personal finance blog, Blueprint for Financial Prosperity, was a post in which I explained how you could take $100 and turn it into $1470 through a relatively simple, but time consuming, process of promotions, referrals, and bonuses. The idea was that you could use the $100, which you could get through credit card promotions, to open up a Sharebuilder account, get the bonus, and then open up Bank of America and ING Direct accounts. Through those banks, you could refer your friends and earn commissions while your friends earned bonuses. After all was said and done, you could end up with around $1470 (now even more, but I haven’t refreshed the article lately).
It’s not a get rich quick, turn $100 into $1,000,000, but it’s a little more practical and something you coudl easily do.
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2 comments ↓
never thought of it that way. Very interesting concept. How long does it take though?
A little while… but it is $1470.
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