So, you have a payment strategy for your bills what you pay each month, ranging from your electric bill to your internet bill. Everyday, we pay bills to rely on services what we use each day. For this instance, hosting services.
People have these following questions about paying their hosting bill:
- Can I use my earned income from my ads to pay for hosting?
- Can I use My credit card to pay for my hosting bill?
- Can I use my personal funds to pay for my hosting service?
These questions above are answered by many people who own websites. However; it’s your decision to pay with your earned funds, your credit cards, or your personal funds from your bank account. However; you need to be very careful when paying your hosting bills. In some cases, you may end up in debt, or you may end up making a mistake.
If you pay with your earned funds from ads
If you only host content for free, and post ads to earn revenue, you can use your earned money to pay for your hosting bill. This is common to keep your website running. If your website receives enough traffic, and you write on a regular basis; you can enable visitors to read your content what you’ve published overall.
The following consideration should be taken when using your earned funds:
- If you have enough money to pay for your hosting bill; you can use it. This is useful to help keep your other money for other uses. If you were just letting your earnings pile up; and your balance is strong enough to support your hosting payments… you can use your other funds to either renew your domain, or advertise your site on any ad networks.
- If you use your credit card; you borrow money from your creditor to pay for your hosting bills. If you only use your credit card to pay for your hosting bills, and use your earnings to pay your credit card bills… your credit card can be used on a monthly basis. Unfortunately none of the starting site owners own credit cards, nor have credit just yet.
- If you use your personal funds, you let your earnings pile up, this is useful if you were about to use your funds to quickly flash your hosting payments,–if you have too. This is common for personal site owners.
If your earned revenue begins to lower, or go up, you must keep track of your earnings. If you use PayPal, or direct deposit to receive earnings; your money piles up like a stack of pancakes on a plate.
If you use a credit card
Credit card usage is common around the world. If you use a credit card for paying your hosting bills, you borrow money from your creditor who issues money to you. This is common for people who prefer to use credit cards to pay for hosting. It’s like financing your site with credit! Many companies did it. However; you let your revenue pile up, and you pay for your bills like normal. However; these considerations should be taken:
- If you use a credit card monthly, you must pay a bill each month. Paying your bills on time is necessary to keep your credit in good standing. Some people don’t understand… credit cards are only used for emergencies, unless you’re a skilled user who takes responsibility seriously.
- If you have enough revenue; you can use it to pay your bills when using a credit card. This is useful if you only use a credit card as a way to keep building your cred history, or as a prefered source to pay for hosting.
- If you have personal funds, you can use it to pay your bills,–of your revenue is not strong enough. Most responsible website owners have enough money to rely on, but don’t assume you have enough money to pay your bills.
Using your personal funds
This is a common start as you run your website. If you have enough funds, you must check if your funds are strong enough to pay your bills. If you have enough; you can pay your bills like normal. However; considerations should be taken:
- If you earned enough revenue, pay your hosting bills first.
- If you have personal funds, you may need to organize your funds for paying your hosting bills. If you already paid other bills, be sure to use the rest of your funds for your hosting bill. If you have a greater amount, consider opening a dedicated bank account for your earned money.
- If you use a credit card, you need to use your funds to pay your credit card bills. If you were a skilled user of a credit card, and you used your person funds for paying your creditors, and you have a strong income stream; use it.
Conclusion
Depending on how you pay for your hosting bills; make a decision,–before choosing a method of paying your bills.