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Immediate payment or wait?

Author Message
Libux77
376 posts
69
Message posted at 09/16/2011, 03:51:29 AM by Libux77
When you hit 100$ what do you usually do?

Do you immediately ask for the payament or wait for hit a higher earning?

What is the best practice, if any?



Thanks in advance for sharing your experience


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Afagundes
3243 posts
<10
Message posted at 09/16/2011, 04:00:49 AM by Afagundes
I download every $200, I did the calculation and for the price I pay to receive the money in Brazil it makes sense, for other countries it might be diferent.
Canon EOS 5D Mark II Canon EF 17-40mm USM f/4L Canon EF 24...

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Udra11
287 posts
76
Message posted at 09/16/2011, 04:01:21 AM by Udra11
Sometimes 110$, sometimes 200$, last 164$. It depends on you:)


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Nicku
460 posts
Message posted at 09/16/2011, 04:06:19 AM by Nicku

Originally posted by Libux77:
Quoted Message: When you hit 100$ what do you usually do? Do you immediately ask for the payament or wait for hit a higher earning? What is the best practice, if any? Thanks in advance for sharing your experience


My firs payment was at $584.5 ( i payed my holiday costs in Italy) :D..... Commonly i wait until the balance pass $200.
Canon 7D , 40D, Canon EF 17-40 f/4 L, Sigma 50mm f/1.4 EX H...

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Grisho
697 posts
78
Message posted at 09/16/2011, 04:26:53 AM by Grisho - member is an admin
I just follow the exchange rates of the USD Dollar -> Bulgarian Lev and withdraw when the dollar is going up :D
Fuji X100S, Canon 550D

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Digikhmer
1815 posts
68
Message posted at 09/16/2011, 04:39:00 AM by Digikhmer

Originally posted by Grisho:
Quoted Message: I just follow the exchange rates of the USD Dollar -> Bulgarian Lev and withdraw when the dollar is going up :D




The same, I will wait until the Dollar raise a little bit against Euro in terms of exchange rates.



The second personal criteria is, I am waiting to have enough to buy my dream camera and at that time the first criteria will disappear like clouds in the sky :)
Inspirations and opportunities ...

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Heywoody
586 posts
69
Message posted at 09/16/2011, 05:52:54 AM by Heywoody
I request as soon as the threshold is reached. However, I just let it sit in paypal and use it for buying stuff on the internet so don't pay any fees and exchange rates are not an issue.
Vue 7, Daz 3, Wings 3D and the odd photo.

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BCritchley
3693 posts
80
Message posted at 09/16/2011, 06:06:06 AM by BCritchley - member is an admin
I have done $100 a few times and a $1500 also, I'm now debating if I should wait till $10K for next payout, would seem a lot rather than small amounts that just disappear.
Canon 5D MK III & II, Canon 300mm F/2.8L, Canon L 180mm macr...

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Thanatonautii
1961 posts
62
Message posted at 09/16/2011, 07:21:45 AM by Thanatonautii
I always take them when I reach 100$ ( +- 20$). But I wanna change this because with this small amounts all my moneys are gone before I can see them. So I`m thinking about 500 $ for the next one :)


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Fleyeing
935 posts
66
Message posted at 09/16/2011, 07:27:11 AM by Fleyeing

Originally posted by Digikhmer:
Quoted Message: The second personal criteria is, I am waiting to have enough to buy my dream camera and at that time the first criteria will disappear like clouds in the sky :)
The Canon 5D-4 is due late 2012 ;-)
Canon 5DMKII, 24-70, 70-200, strobes

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Lostarts
1187 posts
67
Message posted at 09/16/2011, 07:52:48 AM by Lostarts
When my rent is due.
Canon bodies and lenses.

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Libux77
376 posts
69
Message edited at 09/19/2011, 07:49:08 AM by Libux77
Thanks to everyone for your funny and useful answers


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Mvogel
195 posts
68
Message posted at 09/21/2011, 08:50:12 AM by Mvogel
I take it out as soon as possible. DT is not a bank and will not pay you interest on money you leave with them. Also if you wait for a long time and something happens to DT what happens to your money? My guess is bye bye.
Nikon D5000, Mac, Linux, Gimp, Inkscape

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Felixcasio
29 posts
<10
Message posted at 09/23/2011, 09:36:07 AM by Felixcasio
I always cash out as soon as I possible can. stock sites don't pay you interest for holding your money
Canon 5d Mark II 85mm 1.2 L 17-40 L 4.0 100mm macro 50mm...

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Alvera
2600 posts
77
Message posted at 09/13/2012, 00:27:25 AM by Alvera

Originally posted by Heywoody:
Quoted Message: I request as soon as the threshold is reached. However, I just let it sit in paypal and use it for buying stuff on the internet so don`t pay any fees and exchange rates are not an issue.

Hello. Any interesting stuff for photographers on internet via paypal? I see only shoes or tea shirts. Some links will be good, thank you.
Nikon. 4x4 car for wildlife adventures. Inkscape for vectors...

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Leakeem
216 posts
72
Message posted at 09/13/2012, 00:43:02 AM by Leakeem
It depends on how much I want to have. If I need some cash immediately, I withdraw at $100. If I don't really need it, I wait until I find some reason to need it so I can get more than just a hundred bucks. Plus I let the money sleep in my paypal account until USD rises against PHP.
Canon EOS 550D, Nikon 50mm f/1.4, Nikon P100, ASUS K24Jl

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Parkinsonsniper
1091 posts
72
Message posted at 09/13/2012, 09:23:32 AM by Parkinsonsniper
I withdraw @100$, too
- 2x Nikon D300 - Olympus e-PM1 - Nikkor 20mm f2.8 ...

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Lisafx
835 posts
<10
Message posted at 09/13/2012, 10:43:55 AM by Lisafx
I request once a week. It makes it easier for me to budget my bills, like a paycheck almost. Sometimes it is more money, and sometimes less, but nice to have it as a dependable income source.
Canon 5D, 40D, Various lenses, flashes, studio lights, light...

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Bradcalkins
2533 posts
84
Message posted at 09/13/2012, 12:40:13 PM by Bradcalkins
I usually request it between $100-$150. I'm more focused how when I take the money out of Paypal since that is where the fees hit me if I don't withdraw over $150. That said, it sure bugs me to have to pay exchange fees on every dollar I make, even the Canadian sites pay me in US :(

Dreamstime has stated in the boards that they don't want to store your money - you've earned it, so take it ! I really can't think of any good reason to leave money in my account on DT.
Fast primes, Olympus OM-D EM-1, 12-40mm f/2.8

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Wisconsinart
1493 posts
80
Message edited at 09/13/2012, 13:19:29 PM by Wisconsinart
[Quote]Dreamstime has stated in the boards that they don`t want to store your money - you`ve earned it, so take it ! I really can`t think of any good reason to leave money in my account on DT.[/quote]

Well, it doesn't make sense for someone like Lisafx to sit there and cash out every hour. :-)

I cash out every quarter but may change it to monthly.

We Americans are charged a fee too when we cash out. It's called "taxes." :p
Nikon D800, D100, Canon G15

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