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What is a good financial budget to start with for SFI?

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5069 votes
Ronilo Saguit, EA (Philippines) Top Author Forum Guru 6/16/2015 5:55 am
Affiliate since: 08/06/2012, Power Rank: 255 | Read Ronilo's 408 other Ask SC answers
One thing very good about SFI is you can succeed as fast or as slow as you want.
Your pace or speed to success depends on the budget that you wanted to put up.

The objective is to have enough active affiliates for you to start earning income. Two to five active affiliates is a good target.

Statistics shows that only 1 to 5 percent of your affiliates will become active. So if you need 2 to 5 active affiliates you need to find 200 to 500 affiliates before you can possibly
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5060 votes
Leslie Pipkin, Aff (Hawaii, US) Top Author Forum Guru 6/15/2015 6:46 pm
Affiliate since: 02/15/2014, Power Rank: 299 | Read Leslie's 19 other Ask SC answers
When starting a new venture, you should always make sure first before spending money on a business. Budget yourself between $20 & $50 dollars. This amount won't break your bank. In the first month with SFI, just concentrate on the launchpad and basic tabs, and logging in daily. Then spend a little on what you think can help you move your business forward.
5055 votes
Ivana Reznikova, Aff (Czech Republic) Top Author Forum Guru 6/15/2015 9:45 pm
Affiliate since: 12/01/2014, Power Rank: 99999999 | Read Ivana's 172 other Ask SC answers
Most importantly, reading everything in SFI learn as quickly as possible, communicate with the sponsor, which particularly at a time when even the new PSA nothing much know what to advise and how and where to invest and what to buy in your business to be the result of what the shortest possible time. If the sponsor does not communicate, it is good to turn to someone higher in the group or forum.
Certainly it is best to invest in Pack 125, which will ensure 1500 VP, and you can study in peace.
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5050 votes
Rupak Das, Aff (China) Top Author Forum Guru 6/21/2015 7:33 am
Affiliate since: 11/17/2014, Power Rank: 99999999 | Read Rupak's 99 other Ask SC answers
This is a good question. It depends how wealthy the affiliate is.

If someone has good job and good salary he/she can invest more. If someone is unemployed they can not invest anything. so there are two kinds of affiliates . If we try to find out some PSAs job or business it would be great but it is not possible. I think monthly $60 is good to invest money in this business.
$36 for standing order of 1500VP and remaining $24 for advertisement, buy gift cards and distribute among
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5017 votes
Darla Phillips, EA (Missouri, US) Top Author Forum Guru 6/22/2015 4:08 pm
Affiliate since: 07/16/2011, Power Rank: 311 | Read Darla's 53 other Ask SC answers
Hello William.

This is a great question.

I think a good financial budget to start with for SFI is the $36.25 125 TCredit Pack
We use Tcredits for games, music, listings, rewarding, auctions and more!

Then add a share of S-Builder in order to help grow your team! This Is $24.00 ($22.00 with SO)!

Total of $58.25

Later on you could add more shares of S-Builder.




5002 votes
Elmer Palado, Aff (Philippines) Top Author Forum Guru 6/15/2015 9:42 pm
Affiliate since: 05/07/2015, Power Rank: 99999999 | Read Elmer's 32 other Ask SC answers
Hi,
There are no exact figure to set as good financial budget in starting with SFI.
What you need are the following:
-make sure and clarify with yourself that if you will start and do this program you will never quit
-good reading habit and comprehension
-time and patience while learning the business
-never skip reading topics and training materials
-keen on trying different combinations from the different ways in earning
-active participation with the programs
-any
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5001 votes
Tele Buren , Aff (New Zealand) Top Author Forum Guru 6/22/2015 5:42 am
Affiliate since: 03/08/2014, Power Rank: 99999999
In my opinion, a good budget to start off with is the minimum cost required BOTH to become an EA and for your marketing.

Options from low cost to high are:

1. Standing order of 125TCredits monthly, after 2 months accumulate 250TCredits, invest 160TCredits from that to 1 share of S-Builder Co-Op Unit............. .............US$36.25 monthly

2. 100TCredits + 1 unit of S-Builder Co-Op, you would get 1480VP but to be an EA, get more 20VP from daily tasks.................................US$51
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4997 votes
, () Top Author Forum Guru 6/22/2015 8:37 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
1. It is intrinsically FREE to start off with SFI and it remains so until you the affiliate decide to inject some capital into your SFI business. Following are business building opportunities that makes starting with SFI free.

A). Free entry into Daily Contests (AVP based) from which the affiliate can win lots of basic business building prizes, namely, TCredits, MRPs, CSA, VPs, and a custom domain/website.

B). Free daily online games from which the affiliate can win lots of
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4978 votes
, () Top Author Forum Guru 6/15/2015 10:24 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
The rule of a financial budget is to go with what you can afford--since I don't know how much income you have, I can't tell you what to spend. I can tell you that you can succeed with SFI without significant expenditure.

You can, however, calculate out your budget and see how much you have left after your expenses. From this, I would dedicate 50% of what you have left to savings, retirement, and emergencies, 30% toward education and entertainment, and the remaining 20% toward SFI.
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4935 votes
, () Top Author Forum Guru 6/22/2015 8:52 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
I would start with approximately $150 because the affiliate will need to get a standing order that is valued between $29 and $36.25 in order to get the required amount of points to become an executive affiliate. Next, the affiliate will need to advertise they are going to need to invest in S Builders and to advertise offline. I believe in the saying "Never put all your eggs in one basket!" So offline advertising needs to be done as well. I think XCards distribution is a great way to advertise
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