Online Cam Summit: Live on Nov 1-4th, 2018

online cam summit

The Only 100% Free, 100% Virtual, 100% Cam Summit. 100% for Models and Studios.

 
Thomas Skavhellen from Bowtie.digital is announcing the 2nd Edition of the Online Cam Summit to be held November 1st to 4th 2018, dedicated entirely to and for cam studios and cam models!

 Awarded the “Best Emerging Company” at the 2018 Ynot Awards, Online Cam Summit, is the FIRST virtual cam summit of its kind, 100% digital, 100% free and 100% about the cam industry.

“I wanted to give a helping hand to cam models, studios and industry representatives that don’t have the time or resources to travel to industry conferences but wish to get the most out of the knowledge from the best of the best in the cam community”, says Thomas Skavhellen.

With the support of the sponsors DivaTraffic, StripChat, SkyPrivate and Paxum among others, the summit schedule consists of 20 presentations and interviews with some of the top studio owners, models and trainers, marketing professionals and cam platforms. There will be 5 videos released every day from the 1st to the 4th of November. Best of all, it’s free to attend!

Just like a normal summit, Online Cam Summit is offering a virtual “Goodie Bags for attendees as well. The goodie bags consist of digital goodies, such as discounts for training courses from the sponsors and speakers. “The idea of the Online Cam Summit is about bringing the knowledge from the best industry pros to the screen and basing it to what the online industry is all about – online streaming.” Says Skavhellen.

The Onlline Cam Summit’s 2nd edition features valuable cam models& ambassadors such as Lindsy Banks, LiviaChoice, Mia S and Ethan Joy to share their experiences and tips on how to become a top model, as well as two brand new tools that just arrived on the market (PineappleSupport that is a mental health support network for models, and OurLittleSecret that allows you to monetize WhatsApp messenger).

The registration is open now at www.onlinecamsummit.com! Be sure to join to learn some invaluable camming tips and tricks!

⋆ How Much Money Do Camgirls Really Make?

how much do camgirls make
 
How much money can you make as a camgirl? This is the most frequently asked question by aspiring webcam models and cam members alike. The answer, of course, varies greatly with which cam site you chose to stream on, how much time you devote to camming, how consistent you are, and your ability to come up with interesting and enticing things to do on cam.
 
It might be easy to get caught up in the fantasy that becoming a camgirl will make you rich. Just look at the lists of highest tips on both Myfreecams and Chaturbate! However, the reality is a little more complex than that. Yes, it IS possible to make good money being a camgirl simply by streaming a few times a week and maybe selling your videos, however, some girls will still make next to zero being online for hours and some will make bank just by sitting in front of their webcam and chatting to members. What makes some camgirls succeed and others fail will be covered in a later post, but for now I want to share the approximate earning potential of a camgirl.
 
As I mentioned, it is quite difficult to average out camming earnings, because of a slew of factors influencing it, but for a camgirl who is semi-established and has the basics down (like a good webcam, lights, and a reliable laptop), she can expect to make…
 
Around $50 an hour. Some days you’ll make $100/hr or more, some days will be a total bust and you’ll end up with just a few bucks in an hour spent on cam. This figure is mostly based on camming on MFC, but Chaturbate closely follows it. On CB, the higher tips are less common, but tips in general are more consistent, versus MFC where tips can be very up and down, but high tips are common, especially if you have a loyal following. This figure considers that you do private shows in addition to public chat, which can be very lucrative. If you’re camming on other sites like Camsoda, for example, your earnings will vary, since it’s still an up-and-coming site and not the most established yet. I do see a lot of potential in it, so check out my post on how to get started.
 
how much money webcam models earn
 
So, with $50/hr you’re earning a good income, but how much you are able to earn a week or a month depends on your camming consistency and how many hours you are willing to put in each shift. Don’t think it is easy to do an 8-hour work day on cam like you would at a regular job. You might be able to pull it off once in a while, but it’s tough physically and mentally. A more “standard” shift is a few hours long, perhaps 3 or 4 hours. So, going by the hourly wage calculation, you can expect to make around $150-200 a day. Working every day is also not the easiest thing to do, and many girls take multiple days off during the week to relax and do offline things.
 
If you’re consistent with your camming and don’t burn out (Read my post about camming burnout), you can make approximately $1,000 a week and therefore $4,000 a month. This figure is, of course, your earnings before taxes and you will need to save about 15-30% of your income, so that you’re not stuck with a huge bill come tax time. Read about the deductions you can make as a camgirl here. I will also discuss the investment strategies and ways to save and grow your money in a future post.
 
So, there you have it. The mystique is gone. You can can compare what you can potentially make with camming versus other jobs. Don’t forget that unlike a “normal” job, webcamming unfortunately still carries a lot of stigma and you have to deal with a variety of safety issues that are not present in office jobs. You also have a limited career span, and so you really need to consider your options and what your *future* options may be once you leave/retire from camming.
 
Camming can be an incredible job and it is what you make it. There are many girls who become incredibly successful, because they develop a loyal member base and continuously reinvent themselves to keep things interesting. Some make well into the six figures annually, but they’re more the exception to the rule and you may find yourself disappointed if you’re counting on making as much, especially in the beginning.
 
To get started, read my Beginners Guide, and if you’re already a camgirl, check out some of the best cam sites to work on.

 

How to Manage Your Money as a Camgirl

camming investing
 
While camming is just about the most atypical job you can have, what you do with the money you earn should not deviate too much from the norm. Yes, you may be earning crazy money each month that you never thought you could, but you still need to be smart about how you spend it and what you do with it.

Camming is different from a “normal” job in this key way, and to be able to succeed and prosper as a camgirl, you need to take it into consideration.

Camming Career has an Expiration Date

Sad, but true: You cannot rely on camming to provide for you until retirement, due to the influx of new (read: young) girls joining cam sites every day as well as your own ongoing satisfaction with the job, which can include a lot of safety concerns as well as burnout. I talk about this more here and I estimate the length of an average camming career to be 3-5 years. Bearing that in mind, even though you may believe you will cam forever, you need to make sure you put away enough money each month to not end up broke and with a huge gap in your employment history if you have to look for other, “vanilla” work.

What are the steps to take to ensure a better financial future as a camgirl?
 
Have an Emergency Fund

I would first recommend having at least 3-months worth of living expenses saved in a savings account as your emergency fund, and have it be easily accessible, so you can use the money asap if the need comes. Since camming is so volatile, to feel safer, you should put away 6-months worth of basic living expenses, and not touch it unless an emergency comes up. This is basic financial advice that makes sense whether you work a 9-5 job, or cam for a living, though it’s particularly important to follow as a camgirl.

Invest Slowly and Wisely

Once you have an emergency fund, put at least 10% of each paycheck into an investment account to watch it grow. You don’t need to know anything about investing to be able to passively invest your money. One of the best platforms to do it on is WealthSimple that is “set it and forget it”. You can set up automatic monthly contributions to make the process even more easy and passive, and you don’t have to do it with a lot of money, either – even a few bucks here and there will do.

They do the hard work in selecting the right ETFs (exchange-traded funds) for you, and rebalancing multiple times a month, so you get the best return on your investment. It is the number #1 best thing to do for your financial future. Plus, it’s extremely satisfying watching your money grow each day. WealthSimple also offers a High Interest Savings account with rates higher than all the major banks offer. Click below to check out more! 
 
camming wealthsimple
 
Create a Budget, or At Least Strive to Spend Less

Separate your needs from wants. I know it’s tempting to spend money on things for yourself like clothes, lingerie, new electronics, etc, but you have to be mindful of the fact that your current income level might not last long. You don’t want to be regretting those purchases when you are scraping by without any means to pay for rent or food. You can make a budget in Excel or have a written one in a notebook, but the most important thing is that you try to stick to it and make it a priority to spend money on things that hold their value. Of course, this doesn’t mean you shouldn’t spend any money at all, because it’s nice to treat yourself to things that you’ve worked hard for, but you have to keep the basic math in mind.

There have been too many instances to count where a camgirl gets used to her current income and then suddenly loses her highest tipper, or needs to stop camming suddenly, and has zero savings or anything to show for all the years she’s worked. Don’t make the same mistake, and put away money and invest even a small percentage of your income as early as possible. The financial security you’ll feel will be worth it.

 

Disclaimer: I am not a licensed financial adviser. The above references opinions and is for information purposes only.  It is not intended to be investment advice. 

MV Live: New Cam Site from ManyVids!


 

MV Live Information and Review

 
ManyVids, industry’s best video-selling platform just introduced their very own cam site that will launch on July 31! We can expect to get more information at that time, but knowing how quickly ManyVids rose to popularity, it is likely to do quite well in the camming sphere as well. It has enough traffic and enough models using it to already generate a ton of interest online and become a serious competitor for both Chaturbate and Myfreecams, arguably the most popular sites on the net. (See my full list of top cam sites here).
 
Now, what most models want to know – MV Live Payout percentage and how it compares to other sites.
 
ManyVids will pay you 60% or 6 cents per token during its Beta phase. That percentage is quite good and standard in the industry, so it’ll definitely be a draw for both newbie and established models.

The best thing is that you will be able to easily promote your MV store in chat without restrictions, and you will also be allowed to cam-split (steam on multiple sites live at the same time).

An important thing to note is that if you are already an MV girl, your MV Rank/Score will never be affected by tokens earned from MV Live!

ManyVids also announced that it will also be giving away $10,000 every month to the top MV Live models and studios! Btw, male and trans performers are allowed!

With this information in mind, it seems like a great time to try out ManyVids if you haven’t already, and to test out their camming platform when it becomes available!

💰Click here to Sign Up!💰

 

Cam Sites That Do Check Cashouts

camming payment processors
 
One of the frustrating parts of camming is dealing with various payment processors like Paxum or ePayments when you simply want to cash out and not incur any additional fees, or headache. They can either be slow to process payments, charge you fees, or simply go out of business.

I find that one of the best ways to receive payments is by check, particularly if you’re living outside of the US and cannot do direct deposits. This way, you get your check in USD and are able to get the best exchange rate in your local currency at the bank. It may take a bit longer to receive, depending on where you live, but the benefits are well worth it, especially for international camgirls who don’t have many payment options. Below is a list of cam sites that offer payment by check, from best to worst:


☆Chaturbate: Minimum Amount: $50, Cashout Schedule: Daily – Incredible option for when you need the money ASAP!

CamSoda: Minimum Amount: $20, Cashout Schedule: Weekly

Myfreecams: Minimum Amount: $20, Cashout Schedule: Bi-Weekly

BongaCams: Minimum Amount: $50, Cashout Schedule: Weekly

ImLive: Minimum Amount: $50, Cashout Schedule: Bi-Weekly

Stripchat: Minimum Amount: $100, Cashout Schedule: Weekly

LiveJasmin: Minimum Amount: $100, Cashout Schedule: Bi-Weekly


If you want a closer look at each individual site, check out my list of Best Camsites to Join where you can read the reviews and compare to see which one works for you!