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there's a scary change that's been introduced within YouTube that could lose you a lot of money and I'm going to show you how to avoid that right now I've been on YouTube for three years now and it seems like a lifetime ago that I showed people how to get paid from YouTube with my 2016 video but recently a new settings area has been introduced for creators changing the whole process of how to get paid from YouTube so this video is going to teach youtubers the new steps to follow to receive your money in 2020 and going into 2020 a new change has been introduced deep within the settings of YouTube where if you don't choose the right option you could lose out on a lot of money so after I've run you through the steps of getting paid from YouTube I'm gonna cover that new setting that you need to make sure you've chosen the right option so you're not missing out on any YouTube payments so even though a new process is being put in place for you to get paid from YouTube the criteria that you have to hit before YouTube decides to pay you is still the same as ever to be eligible for YouTube payments you need to have 1,000 subscribers on your channel and you need to racked up over 4,000 hours of watch time on your YouTube videos and even when you've hit those two things you still need to have made over $100 worth of revenue on your channel before YouTube decides to pay you and that translates to loosely around 50,000 views of your videos to make that 100 dollar requirement so that's the criteria that's the same as always but what has changed okay when going into the new YouTube creator studio and clicking on monetization to set up your channel payments now this is the area where you go to check your eligibility to get payments from YouTube and then you set up your YouTube payments once you are eligible and what's changed now as part of the process is on this screen you can now see your eligibility within YouTube creator studios you can see all within this one area so you're going to see a screen just like the one on screen now that shows you how many subscribers of the 1000 needed you already have and how many hours of what time of the four thousand hours needed you already have so this is brand new to the process of setting up your YouTube payments before you couldn't see this information in the admin area so that's a new feature that's been added and another new feature that's been added is you can click this button at the bottom that says notify me and YouTube will send you an email as soon as you've hit those two pieces of criteria needed to start getting paid from YouTube so the process they're getting paid has been made super easy you no longer have to keep going in to check whether you're eligible and go into different parts of YouTube to check that it's all on one screen and you get an automatic email as soon as you are eligible and once you've hit that criteria and you've had that email there's then three steps to getting paid from YouTube first off you're gonna have to sign the YouTube Partner Program Terms & Conditions you can do that from within YouTube Next up you then have to create a Google Adsense account that Google is gonna pay you through for your YouTube views finally the third step is when you've done those two things you have to wait for YouTube to review your channel to make sure they approve it getting paid and YouTube will typically take up to 30 days to do that final review of your channel and as long as your channel meets the YouTube partner program policies and the YouTube ad guidelines you'll be completely fine and you'll be set up for YouTube payments in no time subscribe to this channel if you're not subscribed because we talked about the YouTube Partner Program policies ad guidelines setting up ads on this channel so you can learn that from future videos coming up but yeah that is the new 2020 process for getting paid from YouTube that's made it completely simplified easy to do and you can do it all within the new YouTube creator studio and as I said before once you've been reviewed and you get approved you then need to cross the 100 dollar threshold to get your first payment from YouTube and as I said you'll typically need around 50,000 views to cross that threshold but I've done a video in the past that you'll see here talking about how much do you get paid per 1000 views all the factors that come into it to determine how high or how low YouTube pays you so if you want to see a whole video on how much do you think expect to get paid by a thousand views and how to increase that check this video out here I'll put a link to the video in the description below now as I mentioned earlier in the video there's a scary change that's been introduced within YouTube that could lose you a lot of money and I'm gonna show you how to avoid that right now and if you don't take the right steps here you can get fined forty two thousand five hundred and thirty dollars by the FTC's so you need to make sure you do this correctly so go back to the creator studio for your channel you need to go to settings and then click on channel and then click on advanced settings and you'll see here do you want to set your channel as made for kids and three checkboxes and this is the new setting that's been added interview cheap you need to make sure that you do correctly and you need to basically tell YouTube here whether the videos you're making are for kids whether they're not intended for kids or whether you want to decide on a video by video basis when there's a kid video or not a kid video now YouTube started paying creators less if their content is focused solely on kids so if your content is not for kids you need to press no to make sure that you'll get paid more money by YouTube and if your videos are targeted kids but you press no on this setting that you'll see on screen now so you improperly label your videos that's when you can get fine of forty two thousand five hundred and thirty dollars from the FTC for improperly labeling your videos so make sure that if your content is not for kids you press no on this setting here now I've spoken about a ton of different types of channels you can build to make money with YouTube in this video here that all don't focus on children they're all on other topics that kids are not interested on that will make you money so if you want to make money and you need channel ideas watch this video here that I've done in the past to get those ideas flowing but if you've already got a youtube channel let me know below in the comment what type of videos you create those are the steps then covering how to get paid from YouTube in 2020 and then also how to avoid losing money by choosing the right settings in future videos I'm going to be talking about how to make money maximize money from ads how to make sure your channel falls within policy so you're making as much money from ads as possible so make sure to subscribe to this channel if that type of content interest you this channel covers all about how to basically make money from making educational videos and educational YouTube channel and then going on to sell digital products through that channel so if that sounds interesting to you subscribe to the channel give this video a like because it really helps me get noticed it helps the YouTube algorithm push my videos to new people ring the bell once you subscribe to the channel to get notified when those new videos come out as soon as they come out and if you're leaving YouTube make sure to follow me on instagram at start starting up you can do it as long as you follow the steps outlined in this video you can succeed in YouTube there's so much opportunity out there I'm rooting for you so thanks for watching new videos every Monday I'll see you soon peace out bye