7 easy ways to start investing with little money - Money Under 30

Everything in life is more effective if you know the right tips, from weightlifting in the gym, cooking the perfect pasta sauce, getting higher returns on your investment portfolio, or increasing your earnings through refer and earn apps.

While the MyFIRST Partner app offers a relatively easy route to earning money, you could increase your weekly income by following specific tips to identify leads. Some of these tips have been listed below.

  1. Ask your contacts for help

One of the ways in which you can increase your weekly income through the MyFIRST Partner app is to spread the word in your contacts. Inform them about your affiliation with IDFC FIRST Bank and how it could quickly help them get personal loans. Also, ask them to spread the same message in their network. It can help increase awareness about your partnership, which could increase leads and your weekly income.

  • Ask your contacts about their credit needs

Persistence is an instrumental quality when it comes to refer and earn apps. You cannot succeed with the MyFIRST Partner app or any other referral app if you do not stay determined and focused. You can ensure a steady weekly income by asking your contacts about their credit needs. If possible, analyse their spending habits and suggest ways to address any credit gap. Personal loans through the MyFIRST Partner app could be a solution to their repeated credit requirements.

  • Understand your target audience

When using a refer and earn app, especially personal finance affiliate programs, you should understand who in your social circle would find it relevant. For instance, if you are a college student, telling your friends who do not have an income about the MyFIRST Partner personal loans would not be effective. However, spreading the word to your relatives, neighbours, etc., who are salaried or self-employed individuals could work and increase your weekly income.

  • Set a target for yourself

While most refer and earn apps are flexible about the time you commit to them, you should set specific targets for yourself if you want to make a weekly income using them. Figure out how much time you can dedicate according to your schedule and see what strategies work best for you.

  • Know the purpose of the program

You must have a thorough understanding of the refer and earn program. Knowing what the company is trying to achieve and learning the features and benefits of the product or service that you are referring to is essential. It will help you effectively refer the app to your social circle.

In addition to doing the above, check what support the app offers you as a partner. It is helpful to know if they have a tech support team, dedicated relationship managers, etc., to solve any issues you may have along the way.

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