Est. 2007

Posts Tagged ‘money’

Tomizone

In Tech on September 23, 2009 at 6:49 pm

So, you want to make money from selling your wifi? Not to worry, now you can. Before, setting up a hotspot where users would pay was very difficult and something that only those who had the time and money would do. Today, it isn’t so had to do at all. In fact, there are a few ways that you can.

Firstly, if you are still a little bit more tech savvy, you could set up a linux server and a capture web portal so that you can bring your clients to a splash page for them to pay you. Most probably and the easiest way would be to get them to buy vouchers from you or alternatively by using paypal. This is the hardest of all the solutions

Secondly, you could tone it down and buy a linux based router, some of the linksys ones come to mind, and install DD-wrt or openWRT and then chillispot. Basically, this solution is no different from the last apart from the fact that you don’t have to have a full computer running all the time.

The third method would be to use something like FON or Tomizone. Tomizone allows paid users while FON doesn’t. Tomizone is also available preinstalled on some routers in NZ and Orcon has some sort of partnership with them too. The D-link 300 router is probably the most popular router that comes with Tomizone. Tomizone is also based on Chillispot and the associated customized firmware; however, you don’t have to worry about the billing, marketing or the pricing. It is all done for you. You get put on a map of all the hotspots Tomizone has and mind you they also do the hotspots in all the Esquires and Starbucks coffee shops in NZ. The price is set to $3 an hour or 60mb, $6.5o a day or 160mb or $30 a week for 1.2GB. It’s either data or time whichever comes first. The hotspot provider gets 50% of that amount and tomizone keeps 50% for itself, but at least they save you all the trouble of setting up and managing your own and not to mention handling the billing. You are allowed to give guest access to people you know. The D-Link 300 also has dual SSID, so you can use one of them while the other is for the hotspot.

I have an unlimited data plan, so I have no data cap. My traffic is shaped and prioritized, so VOIP then HTTP and the like then other things and then P2P. So any thing I sell won’t affect won’t really affect me. Plus, you can set a maximum bandwidth for the hotspot side. So far in the last 1.5 weeks I have made $45. This is not bad considering that the connection only costs me $50 a month. I think the reason for my success is that an AUT building is right behind my apartment and someone buys a pass every now and then.

Overall, very good. At least I got some income going. I wish I thought of this earlier. The money from the first two weeks will practically pay for the router.

The Spray Can

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Where’s my 2 cents Fiji?

In Life on September 29, 2008 at 5:50 pm

The RBF as of October is removing from circulation the one and two cent coins. Smart? Maybe and maybe not. Let’s look at the pros and cons and perhaps a few other countries.

Cons:

Well firstly, some inflation? Removal of low denominations ought not to cause inflation but it may it rounding is abused. This may occur in a country like Fiji. Items that a readily bought will have their prices rounded up at the shelf and when mixed with other items at the cashier the prices may be further rounded up; therefore, the stores effectively charging more. Though from research it is clear that it is a non-issue in later years and does not affect the economy when proper practices are in place.

Secondly, beggars aren’t going to be too happy. Usually we would give away our coins to charity or to religious places or to donation drives.

Pros:

Well there are many. Firstly, the one cent coin costs 4 cents to make. Added to that fact is that they are often collected and not tendered back, leaving them in drawers and other places where they will not be utilised.

Secondly, not having to deal with these coins means that labour costs are saved, not only by RBF but also by businesses who no longer have to cater for the floats with these coins. The cashier also does not need to count out and give out the coins saving them precious time.

As stated earlier, the coins have limited use; they are only given out and not taken back as counting a bulk of the coins will again cost the company or bank more money than what the coins are worth.

The value of the cent is so low that no item can be purchased by the coin alone. The FJD cent is of course valued less than the US dollar equivalent. Other countries including the Australia and certain European countries have stopped the minting of some of these low denominations. Sweden would be one of the first and hence were the ones to come up with rounding to solve the problem often caused at the checkout. New Zealand on the other hand has removed from circulation the one cent, the two cent and the five cent coins, leaving the lowest denomination as 10 cents. The ten cent coin is also a copper coin. Needless to say, they went on further to make the other coins smaller and lighter so that our wallets and pockets would not be laden with coins that were far too heavy. They are now some of the most light coins around.

Lastly, some of the things that we do not think about. The coins are small and often get lost, so they are not so beneficial to the consumer. The coins are hazardous to small kids who may find the coin small enough to swallow. Seeing as the coin is now intrinsicly valued more than its face value, it becomes a target for copper extractors who can melt coins to gain the metal components. In my honest opinion, this may be difficult in Fiji but there is no lack of motive. Thieves often loot building sites for copper wire; it wouldn’t be a surprise if they suddenly started selling out coins.

All in all, we’d better get out those money bags cause I know we’ve all been hording some of those coins. Who knows, you might get a couple of bucks richer by the weekend.

The Spray Can