How I maximized my online earnings.

Jana Ciaravolo
5 min readSep 23, 2019

…and why I broke up with Paypal.

Photo by Sharon McCutcheon on Unsplash

Disclaimer: I am in no way, shape or form a financial expert (or a Paypal hater). I simply wish to express my gratitude for innovations in the banking space, which have allowed me to enjoy my earnings to the fullest.

Who doesn’t love Paypal?

We freelancers certainly do. After all, it’s convenient and easy to get.

In a world that revolves around online payments and multiple currencies, Paypal is indeed a godsend. Well, it was… until I realized I was losing money in the process.

I’ll talk about our journey as non-US freelancers. (If you are an employer, this could be insightful too.)

Some employers just aren’t able to send us payments through our local bank accounts. This is where this app plays a big part in our financial lives. How much do you usually pay in fees to receive your salary though Paypal?

If you are not from the U.S. and you have been overly conscious of how much money you lose every time that transaction comes through, then you know that they charge us 2.9% of the amount plus 30 cents per transaction before putting the money in our account.

And how much do you get charged every time you withdraw that balance onto your local bank account? It’s not much, but it’s…

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Jana Ciaravolo
Jana Ciaravolo

Written by Jana Ciaravolo

A digital nomad. Passionate about learning, sharing and hydroponic gardening. Has decided to shed her corporate wings to become a penniless freelancer.

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