If you are interested in Squidoo for the money making potential (and you should be), there is some important info you need to know about getting paid.
Squidoo pays only by PayPal.
Squidoo pays once a month. The exact date of pay out varies but is generally no later than the 15th of the month.
When you get paid, it is for money earn two months ago. So, pay in February is from money earned in December.
There are a few different ways that you can make money from Squidoo.
If your lens ranks well (under 85,000), then you can qualify for a share of the ad pool revenue for the month. The higher you rank, the more money you get. The average rank for the month is what is used to determine payout, which is based on ranking tiers.
If you use one of the money-making modules (Amazon, eBay, etc.), then you can earn money from sales made via the lens.
You can also opt to use links from other affiliate programs on your lenses, but your payment from those comes directly from those affiliate programs and not Squidoo.