Credit Cards and Affiliate Marketing Don’t Mix

Affiliate marketing can be a great way to make money online. Many have even made a full-time career out of it. Can you do that? Yes. But I do have something to say on that topic.

If you are in debt, and you think affiliate marketing or internet marketing will be a silver bullet to conquer your credit cards and student loans, we need to talk.

Debt stinks

I know first hand how stressful it is to be in debt. Constantly stressing about making payments and thinking you’ll never be rid of these stupid cards. Debt is slavery. The writer of the book of Proberbs in the Bible said it quite well:

“The rich rules over the poor, And the borrower becomes the lender’s slave.” (Proverbs 22:7, NASB)

Oftentimes we get our own selves into this slavish position. We want things we can’t afford. We live above our means. Sometimes debt is due to unforeseen circumstances – like medical bills.

However we got into debt, the proverb is true. The bank tells us how much we have to pay and when, and if we don’t pay enough or on time, there are consequences – like late fees and penalties. Depending on the type of debt in question, the bank may repossess even repossess your car or house. Ouch.

Affiliate marketers can make good money

On the other side, affiliate marketing can bring in quite a bit of money if it’s done right. As I mentioned, some have even turned it into a full time job. Some are even making money to the tune of hundreds of dollars per day.

That sounds awesome! All you need to do is learn the ropes of internet marketing and start raking in the dough, right? Wrong.

…but can you?

What you won’t hear much is that it takes a lot of time and effort to make a full time living online with affiliate marketing. I’d like to think that I know what I’m doing, and I’m nowhere near that level of income.

If you aren’t careful, the ropes of Internet marketing can very quickly become a noose.

So I can’t get out of debt by being an affiliate?

Sure, you might be able to.

Look, I don’t want you to get the wrong idea. I’m not saying that it’s impossible to get into the industry and start making sales. But understand that for a lot of people, success is not immediate – if it happens at all. Don’t set your hope on making an extra $1,000 per month by next month. Good luck with that.

To be honest, I’d love to be making that.

Especially if you’re just starting out, have a realistically low expectation of income. You might be making that $1kin a few months – or you could be making $0. I would guess that most people are closer to that $0 point than the other end.

Don’t use your credit as a funding source

If your source of debt is a credit card (or multiple credit cards), do not use your available credit as fudning for your marketing efforts.


Go back up a couple of lines and read what I just said. Making money with affiliate marketing is not guaranteed. When I was getting started with marketing, I spent thousands of dollars from my credit cards trying to get rich quick.

Yeah. That worked out well. Not.

You need to understand that Internet marketing can be risky. When you buy an ad, you may or may not earn a dime in sales. If you pay for a solo ad, you may or may not get any subscribers. Pay Per Click ads could send you lots of hits but no sales.

In each of those scenarios, you’re out the money that you spent. A return on investment is not guaranteed.

Spending money that you don’t have on something that isn’t guaranteed to work for you is a great way to get deeper into debt than before. I know because I’ve been there.

Maybe your luck will be different

But it’s ok. You have it all figured out, right? Go ahead. Buy that expensive course with money you don’t have. Pay for ads using your credit cards.

Maybe it will work out for you. But it’s a huge risk, and I would not recommend it.

But aren’t there free affiliate marketing methods?

Ok, so you don’t want to use credit for your marketing efforts. But aren’t there free ways to make affiliate sales?

Yes, there are. But be prepared for very slow results (if any).

Some things you can, indeed, do for free. But eventually you’re going to need to spend some money on tools like:

  • an autoresponder
  • a domain name
  • web hosting
  • and a few other items

These are things you really don’t want to cheap out on. If you can’t afford them with real money (as opposed to credit), then wait.

Pay off your debt first

Maybe you’ve stumbled across this post as you’re researching affiliate marketing and you haven’t done anything yet. If that’s you, then I’ve caught you just in time.

If you’re in debt, my advice is to pay off your debt first. If you can’t do that, at the very least make sure you are not using your credit balances to pay for anything.

If you want to get into affiliate marketing while carrying a credit balance, make sure you’re only spending money you actually have. Otherwise you can dig yourself deeper into debt and financial slavery.

Just don’t do it

No, I’m not your boss

I can’t make you do this or that. But I hope you will take this as a caution – a warning flag. If you’re in debt, focus on paying off your debt first. Never use credit cards or loans to pay for anything related to Internet marketing. You can very easily dig yourself even deeper into debt. I know, because it happened to me.

Could you get lucky? Sure. Maybe you’ve found a sure-fire way to make money with affiliate marketing that carries almost no risk. If that’s you, awesome. Maybe you could let me in on that no-risk method of yours?

I’m not your financial advisor or your bank or your mom. I’m not some financial professional. I’m just a guy who has a bit of experience to share. If you don’t want to listen to me, it’s ok. You won’t hurt my feelings. Just, please, be careful. Don’t spend what you don’t have to make what you wish you could have.

Related: 4 Lies People Believe About Affiliate Marketing

Leave a Comment