Monday, June 11, 2018

myfreeshares - one month as a bronze member

In my recent post I mentioned that I upgraded my free myfreeshares membership to a bronze membership. Now after one month the membership has ended and it's the perfect time to write a short summary of my findings.

The bronze membership did cost $10 and I used my earnings from the site. The status includes 60 shares and two ad packages for 1000 clicks. It also provides more clickable links so earning my money and shares is possible. So is the membership worth the money invested ?

For me personally it wasn't worth it. To break even I would have needed to earn at least my investment back. So roughly $2.50 per week or 50 cents a day. However clicking daily on all available links only earned me about 7 cents each day. I reached close to 52 cents in a whole week. Which is about twice as much as a free member but still no where close enough to justify the membership fee. Sure I also earned 4 and a half share each week which provide in a passive incoming of half a cent each coming week for quite some time. But that's also nowhere enough to make up for the $10.
I ended up with one referral I got from the membership but he isn't active so not earning any money. From my two ads (1000 clicks each) only one signup to cashcrate was generated.
The 60 shares I received for signing up are also earning some purely passive income now but it'll take ages until I made my investment back. So from my perspective upgrading is not worth the money.
All in all I'd say that the value of bronze membership is maybe $5. I'll continue as a free member at myfreeshares and earn cents by clicking the links.

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