Are you a streamer? Do you like to play video games and share that experience with others? If so, you might be able to make money with Facebook Stars by streaming your games on Facebook. Let’s take a look at how you can become eligible for Facebook Stars and how to start earning while playing.
How To Qualify To Earn Facebook Stars
Right now, Facebook Stars are only available to gaming streamers, though the hope is that they will be extended to other types of streamers in the future. To start, you need to have a Gaming Video Creator Page. You can either create a new page or convert an existing page into a Gaming Video Creator Page.
From there, you need to grow your page to 100 followers. Start asking your friends to join your page. Whatever it takes to get to 100 followers. From there, you just need to stream twice in 14 days and stream for a total of four hours in those 14 days. That can mean you do one 3:45 stream and one 15-minute stream, two two-hour streams, or even eight half-hour streams. Whatever gets you to that point.
From there, you can apply for Level Up. Your account will be reviewed to make sure you meet community standards and monetization policies. Once you’re accepted, it’s time to start earning stars!
How Do You Earn Facebook Stars
Facebook Stars are a way for your fans to reward you while you’re streaming. Your viewers can buy stars and then award them to you in the comments as you stream. You earn one cent for each star you receive but don’t worry, people don’t usually buy and send a single star. They’re typically done in packs, so someone might send you 200 stars, for $2.
You can set up goals for your streams and incentivize your viewers to send you stars. For example, maybe if you earn a certain number of stars on a video, you will do a bonus behind the scenes stream. You can also let your viewers know that by sending you stars, they’re allowing you to upgrade your equipment and provide better content for them as well. This can be a great way to earn money with Facebook Stars.
You can only cash out your stars once you’ve earned 10,000 (worth $100), but if you build up a good following, it shouldn’t take long to get there.
How Do Viewers Get Stars?
Your viewers can buy stars through Facebook. Right now, the cheapest package is 100 stars for $1.40. The more stars you buy, the cheaper the overhead cost. But your viewers can also get free stars just by watching your streams. If your streams have a big audience, Facebook will give them free stars, which they can then give to you.
Ways To Encourage More Stars
You can only earn stars while streaming, so you want to make sure that you’re streaming at a time when your viewers are available, and you want to be sure they know you’ll be going live. Try to keep a predictable schedule of when you will be streaming and make sure to remind your subscribers when you’ll be live. While you stream, you can see who is sending you stars, so be sure to acknowledge those people.
Call them out by name and thank them. This might be an incentive for others to send stars to get a shoutout or an answer to a question. And of course, make sure that everyone knows how thankful you are for the stars and what their support enables you to do, be it upgrade your equipment or spend more time streaming or purchase new games to stream.
Megan is a 40-something government employee in the Washington, DC area. She got interested in Personal Finance when she got out of college and realized that her paycheck wasn’t going to go as far as she had hoped. Since starting this blog, she has managed to buy a house and make a solid start on her retirement goals, and hopes to help others do the same. Here is her story:
In 2007, I was a gainfully employed 20-something with no debt but not a lot of knowledge about personal finance. It was a co-worker’s comment about Roth IRAs that sent me to the internet, searching for information. It was then that I realized that I really didn’t know a whole lot about personal finance and that my current financial situation was due a lot to inherent frugal tendencies, generous family members, a fear of debt, and good luck. While that was working for me, clearly I needed a better plan.
While I had no debt, I was also pretty much living paycheck to paycheck and not worrying about going over budget (I say this as if I had a real budget) because I had an emergency fund set aside to cover any overages.
Except that’s not what an emergency fund is for.
So I did a lot of research, read a lot of blogs, and decided that I needed a plan. I needed to budget. I needed to know what I was spending my money on. I needed to prepare for the future.
I decided to create a blog not only to make myself accountable to others but also to share the knowledge that I gained along the way. I’ve learned so much from my fellow bloggers, and I hope that my readers can find something useful in what I have to share as well.