With the boom of social networking sites, you can meet new friends from and make money on the Internet at the same time! Indeed, social networking can be turned into a gold mine spelled C.A.S.H. for you.

Here, then, is a short guide on the two more popular social networking sites and how you can make money on the Internet with them.

C. is for Capazoo

Capazoo offers the obligatory social networking services like blogging, video and photo upload, and profile pages. However, the similarity with other sites ends there.

With Capazoo, you will be compensated for the time you spend on the site. You can make money on the Internet site via three methods:

- Earn Zoops, which you can use to either buy Privileged/VIP membership or convert to cash. To earn Zoops, you can acquire tips from other members for your videos, music, photos and profiles with limitless number of Zoops earned in a day and you can invite friends (4 generations). For the latter, you earn 100 Zoops for every referral who upgrades to Privileged Membership and 130 Zoops for VIP Membership upgrades. (Note: 1 Zoop is equal to US$0.01 and 1 tip=1 Zoop.)

- Share in monthly advertising revenues, which will depend on the membership category you belong to. For ordinary members, 1x share; for Privileged Members, 20x share; and for VIP Members, 40x share.

- Share in profits, with 7% of net profits divided among all members three times a year. Again, your membership category determines how much you will receive - Privileged Members get 20 times while VIP Members get 40 times the Basic Members' shares.

Indeed, when you wish to join the zoo that social networking sites can be, why not join Capazoo instead and earn money in the process?

A.S. is for APSense

APSense makes sense when you want to make money on the Internet, pick up more than a few business tips and tools in the process, and expand your business contacts. In short, you have a win-win situation at the tips of your fingers!

There are four basic ways when you can earn money with APSense:

- Contents - profile, blogs, groups, bulletins, discussions, etc - earn money through advertisements displayed alongside them. Since there is no limit to how much you can earn, you have to employ all the charm and cunning in your arsenal to make your contents as attractive and relevant to your target market as possible.

- Affiliate Rewards Program that you are automatically enrolled in upon sign-up. Not too much sweat there since you need not worry about anything else except attract readers to your contents.

- Commissions that you will obtain through direct referrals. When these direct referrals upgrade by paying, you have between 20% to 50% commission depending on the status of your membership.

- Rewards for accumulation of the cash accounts of the members in your private network (6 generations, this time), which can range from $1 to $5.

This makes sense especially when you want to be paid to refer people to the site!

H. is for Hours Spent

You will notice that the two abovementioned business and entertainment social networking sites implicitly require that you spend time using, referring, browsing, commenting, uploading and performing other activities to earn money. Well, what did you expect? After all, you have to take an active part in acquiring wealth even when said wealth also comes from passive sources.

Indeed, to make money on the Internet, you must make friends! What a cool way to earn, don't you think?