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October 6, 2007

11

Passive Income

As a freelancer my income is anything but steady, so in recent weeks I’ve undertaken the task of trying to generate some passive income through various projects. I’ll be posting a monthly report on how much I make through passive income, but first, here’s an overview of where my passive income will be (hopefully) coming from.

This Blog:
The concept is simple, write about random things I have an opinion on, toss in a few Google Ads and hope somebody clicks… However, this money is split between myself and my fellow bloggers, so I doubt it’ll generate that much income.

Google Adsense:
I run a random forum which I spend 3 minutes a week actually running, and again it has some Google Ads up on it, it currently makes enough to pay for its hosting (and the hosting of this site).

LinkWorth:
I’ll be using LinkWorth to sell some text links on various sites that I run.

Revver:
We’ll see just how many cents can be made uploading random videos to Revver.

Dividends:
I have a few investments that pay out dividends, one monthly, the rest quarterly. I’ll be looking to add several more dividend stocks over the next 3-6 months.

Interest:
Much like dividends, this could be considered cheating… but what the hey.

Cash Back:
My credit card gives me “rewards” for spending money, and while I don’t plan on spending more money just to earn rewards, it’s a nice bonus. To take advantage, I’ve moved as many of my bills as I can over to my Chase card, I have to pay them anyway, so why not earn a little cash back?

About the Author:
Aaron Nelsen is the webmaster and senior technology editor. He's a career geek, coffee enthusiast, Apple fanboy, and accomplished barista pimp. They've written 407 articles for Hijinks Inc.

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