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Go play otb tournies. You don't win anything significant, but if you play well you can pick up some pocket change here and there.
YouTube ad revenue from making chess videos comes to mind. Dunno how realistic it is to make any significant amounts of money that way.
Go play otb tournies. You don't win anything significant, but if you play well you can pick up some pocket change here and there.
But he will use that pocket change money (from the few times that he win something) to pay for the entry fees for the tournaments where he doesn´t win anything.
I question your charactization of membership in chess.com as a "cost center." How does one quantify a life-style choice? Doesn't looking at chess as an income/expense equation miss the point of enjoying chess for the love of chess? Perhaps if you studied chess as much as you study accounting, you would see my point.
You can make money with a YouTube Partners and Adsense, but they only pay out when your earnings top $100. Essentially you make about a penny every 4 views.
Teaching chess is the way to go, I do make a decent living at it.
hello people, Studying accounting has tought me to seprate parts of my life as cost centers. That means If I want to spend money on chess.com membership i need to find a way to make money from chess and and the same applies to sports and so on.
I'm pretty sure no accounting course teaches you to do that. Some things are costs some things are income generating activities, surely as long as you generate more income that you lose in costs it's all good...
''Investopedia explains 'Cost Center'