i want to know that how I will create a new adsence account on squidoo and set it up with my squidoo account so that I am able to earn some amount of money.
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so they automatically send my payment through paypal account
Squidoo has a tier payment system and their writers share payment according to whether you fall into the tier 1, 2 or 3 payment category. Writers there do not earn directly from clicks on ads or page views. I suggest you check out their forum .