Melissa Blevins @ Perfection Hangover

How to Buy a House with No Money Down – HomeBuyers Choice Loan Most conventional mortgages require a minimum of 5% down (20% in order to avoid paying private mortgage insurance) which I’ll refer to as PMI throughout this article. So if you lose your job and can’t afford to pay the mortgage payments, and the home is foreclosed on, the lender doesn’t suffer a massive loss like you do. If you can’t afford to put down at least 20% on the home loan, you’ll have to pay private mortgage insurance, which will be added to your monthly mortgage payment until you reach that 20% equity in your home. Because my husband and I paid off $63,000 in debt last year, our debt to income ratio is very low, but I couldn’t get a clear answer from Navy Federal on this.

If your audience retention rate is low, meaning people are leaving your videos after just a short time without watching the entire video, you might have a problem with filling in too much fluff. The average audience retention rate on that video is 5 minutes and 46 seconds (of the 12 minute video), so nearly 50% watch time. Other videos on my channel offer tutorials, and I’ve noticed that people tend to drop off when I start to go off-script or share too much personal “filler” information, or backstory. Nate at ChannelMakers has a video about why some YouTube Shorts fail and others succeed in which Jim from The Income School breaks down audience retention.

admit I made my fair share of mistakes that first year (like joining random blogging Facebook share groups and applying to the wrong ad network). Check out my video comparing revenue from YouTube vs blogging ad revenue in 2020. I haven’t created and sold any digital products as of yet (this is where the 100k+ monthly bloggers earn most of their income). To be transparent, $3,730 of that $45k was ad revenue from YouTube.

Bottom Line – YouTube is even better for business, and I believe every single brand, online business owner, blogger, and content creator should be utilizing YouTube to reach more people. I don’t want to go down the rabbit hole of teaching you how to make money with affiliate marketing, but just know that you can earn affiliate income with both a blog a YouTube channel. I believe that a good portion of my affiliate marketing revenue came from video reviews of products on my YouTube channel, so I will continue creating both video content and articles for Perfection Hangover. Most creators who earn upwards of $10k-100k per month and more (yes, you read that right) are selling products and courses that they’ve created to help other content creators and business owners grow.