What would you do with $2464.00 if it was just handed to you?

We all do decisions based on feeling and justify with logic, even you Kevin

As for the money, I would suggest to either invest it in IM, but only
if you have a clue about investing in IM or to decrease debt payments.

That way you will gain that money back...

Igor

Actually, it is my wife's debt! I married into it! I knew about it before we got married a year and a half ago, but part of the reason I started IM was to help her get the debt paid off!

Spending the money on resources I think might be useful would be the last thing I'd do. Buy the things your business needs as and when it's evident that it does. If you can't justify the expense of these purchases before you make them, then the money would be better off earning interest for you somewhere until you can.

Even though it might be regarded as free money, you can't predict what's around the next corner, and you're just as likely to encounter an expense you did nothing to deserve as you are to encounter a windfall you did nothing to gain.

Alternatively, I'd spend half of it on beer, and then I'd probably just waste the rest

Use the money to pay of the debts. That will clear your mind. You will free to learn IM then without having to worry about anything. To be very honest, you wouldn't need anything more than $100 or so to start up. That is the upper limit I am saying..

But if you are a guy who would spend $ to get information rather than search for it, then save some $200-$300 for IM and use the remaining to pay your debts off. IM has a learning curve. More often than not, you will be losing initially before hitting it right. Like learning to ride a bicycle. Few get it right on the first go. But not all.. So you use the $2k for paying of the debts and reduce some burden of you.

The remaining should be enough to get you started. Honestly there are so much Free information available. Picck them up!

Thank you for sharing your valuable information! Another warrior here just recently shared with me about his success with Alex Jeffreys training program. I'm not sure if I have enough time during the week to invest in a serious IM course like this, but this may be what I need to do to make the leap to full-time Internet Marketing!

Yeah I am sure I will wait and pray and take a couple weeks to decide what I am going to do before taking any action with this money.

Use it for outsourcing Articles, Backlink Services, Blog Posts etc..etc.. That will be your best investment !!

If you want to hit the jackpot based on a feeling, take $10 of your windfall. Go down to the closest convenience store and buy Powerball tickets. If the feeling is right, you become a millionaire overnight.

Other than that, keep in mind that you don't have to invest the whole wad at once. Stick it in a bank account you have to jump through some hoops to get money out of.

As you grow and learn, tap the cash over time. I can tell you from experience, if you apply yourself, the decisions you make in 6 months will be greatly different from the ones you would make now...

Thanks James!

What I would do is find a mentor that is proven in this business and have them teach you or show you step by step a simple system that can generate results so you can see that it can work.

This will be a confidence booster and will spark you to take even more action.

I underestimated this for a long time thinking that people is just out to take my money. However, there are plenty of honest people that will mentor you and guide you in the right direction if you know where to find them. There are plenty of them right here on this forum.

Taking action is the main thing you should do because even if you screw up, you will learn something.

Having a mentor will help you overcome simple obstacles that may be hard for you when you don't know what you are doing.

Taking action and being successful will breed the confidence you need to stick it out for the long haul.

It about building a business.

I would not sell myself so short, you are missing some great WSO's with that thinking.. Not everybody will post feedback on a WSO because some people do not want others to know what they are doing, what system they are using, and etc...

Take Tommie' WSO I posted above, $7 is a great investment especially when you can spend just a few hours and increase your traffic by 20% such as I did... $7 is nothing, made that back + 10 fold just by taking action and spending a few days doing what he describes in his digital report..

I still get traffic from those few days I spent ...

James

Hey Sophia,
Yeah did not mean to imply you said anything about affiliate programs, sorry .. I was just making a statement.. I agree if you do not know how then any amount of money is not going to matter.

You must have done your research, created your plan of attack, and etc before even spending one dime.

I know how to make money so my post I based on what "I" would do...

James

There are a million ways to waste money, yep!!

Build your business first, then your business takes care of your bills and any extra stuff like vacations..

James

If you can pay out all the debt with the 2464, pay out the debt.

Otherwise:
- 1/3 debt paydown
- 1/3 emergency/saving account
- 1/3 business start-up and put this away until you are sure which business model you want to pursue and then buy things that will support you in that

Gotta love the unions.

From your question in this forum, it seems quite obvious to me that you want to invest some of this money into building your IM business. The question is of course in where and how. My observation from reading many posts and different forums, buying several great ebooks and proven programs is as follows:
For a newbie the amount of options and information in this WF alone is way overwhelming to almost anyone. You probably know by now that there are literally dozens of different ways to make money in IM. Every Guru will try to convince you that his way is the best, maybe it is, but as most of them are probably good and are another part of this whole giant world of IM, almost any proven method will do for the beginning with the right guidance and support. Trying to follow and do any given program alone will challenge you with very exhausting and time consuming little tasks that need to be completed before you can start making any significant money(Tasks that will take an experienced IM literally minute can take you days-believe me I went through that). Outsourcing these tasks is an option, but tends to get out of hand if you don't know already what is needed and what to ask for.
My suggestion is that finding someone to coach you and mentor you as few warriors already mentioned is the best way to go.
However there are good ones and not so good ones, by not so good ones I mean some that are geared to coach experienced people and can not give you the right fundamentals and tools you need to continue the business successfully alone. They will take your money and you will than have to chase them, I read many horror stories in this WF alone.
Some coaches charge you a small nominal fee for the time they invest in you and than share at a preset rate and for a limited time the income they help generate with you.
This way they have a built-in interest in your success and they will assure you are doing the right things.
The problem these coaches face though is that many of their students will not do their share and wait for the work to be done for them, obviously these people fail and the coaches ended up wasting their valuable time. In order to cover this case they need to be assured of a minimum fee and a clear task list and plan are required in order to match expectations on both sides.
You should try to find someone like this to get you going in the right direction. As a mater of fact I am looking for one such coach too, one that is willing to keep my money in escrow and make much more from the income I generate with him. With a clear and predefined plan, we can both tell quit early if the relationship will work, so the risk is minimized by both sides-He will be able to decide to stop coaching me under these terms because I did not complete my tasks as defined and I may decide to stop the coaching too if I felt the help and support I am getting is not enough to get me through the program as agreed.
Maybe with the help and experience of the nice warriors that answered your post you can find such a coach to give you the head start.

Hope this input helps you get good use of your money.

Good Luck

Dany

Of course,spend it to other business.I can also spend some part of it shopping.haha.what do girls think about it?

I will spend it on facebook advertising promoting clickbank products.

If it were me, I'd put it towards outsourcing something custom. Either a clean and customizable WordPress theme or a custom piece of software.

To be honest, I would probably go with the WP theme as this is something I've been wanting to do for a while. I'm almost certain that I could get a well developed theme for $1,500 or less which would leave me plenty of advertising money.

My first stop would be the WSO section for advertising and sales where I would offer the theme for an extremely attractive price. I would then entice my customers with a generous affiliate program giving my affiliates 75%.

Damn do I need to do this.

I second that. If I had that amount of cash and that amount of debt, I'd pay part of the debt and use a portion of the rest to get a site which have been making money for the past few months. If you're lucky, you can get a site which makes around 500 bucks a month, for just slightly over a thousand dollars. Use the rest of the cash to catapult the site with various marketing tactics.

In less than 3 months, you'd have enough to cover your initial expenses on the site. In 6 months, you'll be able to start paying off some of your debts or even finance your plan to get a IM mentor.