Social Networking is becoming one the most enjoyable and easiest ways to make money online. Social networking communities are being created at an alarming rate and with awesome money making opportunities for their members.

Here are a few of the ways members are earning money with social networks.

Google Adsense

If you have a Google Adsense account, you can earn a share of the revenue generated from the ads on your profile page. Your share of the earnings will be listed in the social network's terms of service.

AD Networks

Although Google Adsense seems to be the most popular ad revenue sharing program with social networks, you can find some which allow you the option of using another ad network such as Yahoo, Bidvertiser etc.

Referral Rewards

It's not uncommon to find social networks paying you to recruit new members into the social network. Some are paying $1.00 per referral.

Activity Points

Some social networks reward your participation in the community with points. In most cases the points can be traded in for cash.

Cold Hard Cash

Yes, you can earn money simply for participating in the community. Don't expect to make millions over night. What you can expect is to earn some extra cash for socializing online. Most people I know are already doing this but unfortunately for FREE.

Like I tell everybody I know, Myspace rocks but it doesn't pay! Let me show you how to make money online with social networking.