What To Do With $200

I spent some time thinking about what to do with my $200 prize winnings. PayPal took $6.10 of it off my hands and I will be donating $20 to a charity or my church.

So I have $173.90 to invest, spend or hold.

My first thought was "Spending money for my Denver trip". But for the most part that is paid for and I don't want to spend that much on stuff. My second thought was credit card debt.

I have plenty of credit card debt, so that would be a guaranteed return above what I could get in a savings account.

But on the other hand if I use it to test some offers I could find one that will convert that money at least 50% every month. With $173 I should be able to find an offer that brings in at least $50-60 a month in profit. The hardest part is getting past the testing and keyword refinement stage.

I did look on Wealthy Affiliate last night and found a product that looks awesome. It is an under the radar mover, so right now competition is very low.

The only down side is I don't have a site already in that niche and I would have to build one. Since I leave for Denver in a couple days, I don't have time to do that.

I will probably Spend $70 of it in Denver and use the rest to test 2 offers/products.

More on that in a future post. I will also provide an update on some of my advertising tests in a few days.

Michael