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Where to keep money safe ?

Discussion in 'Making Money' started by ranveer12, Jun 28, 2015.

  1. ranveer12

    ranveer12 Newbie

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    Hello i am earning like 1k$ a day from image sharing sites with spamming twitter with my image links.All the money comes directly to my friend paypal and i am from india.Since all the money in indian paypal account autowithdraw to bank account within 4-6 days which i does not want.I don't want to show earnings to any of my family member (my sister and 2 brother even my mom-dad)That is why i send money to my friend Paypal account. But now i am looking for a way to keep all money myself (maybe his intentions will get changed in future). All the money which i earn goes to my friends paypal and some to my fake paypal canada account. Now if i keep getting 1k a day to my fake paypal account ,it can get blocked due to fake info. Now i need 1 help from you guys. Where can i keep all money safely without even doubting to my family member?I will use it when my hard time will come.Thank you
     
  2. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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    Just give my Ex-Wife a call... she is pretty good with money earned by others.
     
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  3. arpitagarwal82

    arpitagarwal82 Power Member

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    Seriously 1K a day...:bryce:
     
  4. Not Ste Hughes

    Not Ste Hughes BANNED BANNED

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    You will need to go from paypal to a bank account, there is no other way.

    If you are earning $1k a day, do not put it into a 'friends' account. Don't be so stupid.
     
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  5. madoctopus

    madoctopus Supreme Member

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    1. Get payed in bitcoin (not a great idea, but an idea still)
    2. Invest the money in resources you can use and sell later - e.g. sites
    3. Payoneer or similar card and send the money there if the affiliate networks support it.
    4. Register a company (in India or offshore) - could be expensive, if you don't do it right might be worse than without
     
  6. troxy

    troxy Registered Member

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    yeah,you have to go through a bank,and you can't escape from it
     
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  7. Aluminium

    Aluminium Jr. VIP Jr. VIP Premium Member

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    Welp, there's my daily chuckle; courtesy of BTB ;).
     
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  8. alias2002

    alias2002 Regular Member

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    Touchy sound earning $1k within a day.
     
  9. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    are you underage or why don't you open a bank account which is controlled only by you?
    hiding the money from your relatives isn't that hard, but maybe you should consider your domestic tax agency too

    but paypal is the only option to get paid? payoneer? maybe BTC?
     
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  10. ranveer12

    ranveer12 Newbie

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    I can open bank account but what if something goes wrong like it sent sms to my mobile and one of my family member may read it?
    Or something like if an income tax officer come to my home for any income tax purposes?
    30k$ per month is not a small amount. Also it will be increasing within few month.
    I dont need anyone who needs to talk on PM
     
  11. abhi007

    abhi007 Jr. VIP Jr. VIP

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    why dont you want your relatives to know about your money?

    are they gonna steal it or what from you?

    How do you pay taxes then?
     
  12. briangriffin

    briangriffin Newbie

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    Depends on how old you are. Keeping in friend's account is a bad idea.
     
  13. mdraino

    mdraino Regular Member

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    I'm not sure if this would be an option or not..
    A few years back, when I was receiving money from people across the country, and didn't want them to be able to trace it back to me and wanted it as fast as possible -
    They use to sell these things called MoneyPaks (they are gone now - but they have other companies that do the same thing)

    I would buy the prepaid visa mastercard
    The person on the other side of the country would buy the moneypak for the amount they were spending
    The person would then give me the # on the back of the moneypak
    I go online through a proxy, sign in to my prepaid card, type in the # from the moneypak they gave me
    Voila! All the money appears on your card and you can go to an ATM to get it out.

    Now I would THINK, that you would be able to do this same method but with yourself. But i'm not sure if you can purchase the stuff you need, online, as the people that were sending me money always went to a store and payed with cash.
     
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  14. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    disable sms notifications, if they're enabled by default, that's the least of your worries, but why would a family member read you sms?
    anyway, you need to do something about the taxman, payoneer can be a solution, because your tax agency won't have any clue, that you have a payoneer acc, whereas they can easily check a domestic bank account, so it it's a way to get paid, it can be a pretty good solution
    without knowing how strict is your tax agency, i'm almost 100% sure, that you don't want to keep that money on your bank account even if you know the limits of a single transaction/total amount where your bank isn't obligated to report you to the tax agency

    or pay the taxes and confess to your relatives unless you know a mule abroad lol

    [​IMG]
     
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    Last edited: Jun 28, 2015
  15. HereIComes

    HereIComes Registered Member

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    As you are using you friend's paypal, all the taxation burden is on him. Have you let him know that he will have to pay 30% of the amount that you earn! ($300 per day for tax. Hahahaha. Wtf) India gonna get rich!

    If you use any other payment processors, this auto withdrawal shit isn't there. So anything other than PayPal will do good for you. Always keep it in different processors. Can't say when one would go offline. UnoCoin is a best option for us Indians for keeping BTC
     
  16. sureshotbusiness

    sureshotbusiness Newbie

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    The best way to keep your money safe is to open an offshore bank account. and transfer your all money there. you will get a Debit card too with bank account. and you can take out around around $1500 Daily, if you want.

    I am doing this for my boss. if you need more details do let me know.
     
  17. joevalleras

    joevalleras BANNED BANNED

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    You can keep your money safe inside your pocket, just a recommendation! :)
     
  18. back2form

    back2form Elite Member

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    So you don't want to show earnings to any of your family member? But believing friend than family for money?

    Do you know - "happiness of every parents in the world is " to see their son/ daughter become good in life. So if they Know you earn $1k / day - they would be really Happy.

    If I earn lot of money, I first tell to my mom / dad or brother to know. Because family members would be more happy than any friends. Change your thoughts!

     
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  19. Paper-Boy

    Paper-Boy Elite Member

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    Why don't you consult with a local tax advisor?
     
  20. SH-M

    SH-M Jr. VIP Jr. VIP

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    Under the pillow!