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?

Comments

11 responses to “Passive Income”

  1. […] Gem of The Ocean wrote an interesting post today onHere’s a quick excerptThis Blog: The concept is simple, write about random things I have an opinion on, toss in a few Google Ads and hope somebody clicks……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 f… […]

  2. […] the beginning of last month I made a post about my quest to earn money doing nothing, or passive income if you will. Here are the results for […]

  3. […] are my totals for each month since I started this project: December 2007 – $128.09 November 2007 – $88.56 October 2007 – […]

  4. […] I highly recommend you sign up for MySurvey. Here are my totals for each month since I started this project: January 2008 – $96.06 December 2007 – $128.09 November 2007 – $88.56 October 2007 – […]

  5. […] are my totals for each month since I started this project: February 2008 – $122.74 January 2008 – $96.06 December 2007 – $128.09 November 2007 – $88.56 […]

  6. […] are my totals for each month since I started this project: March 2008 – $185.82 February 2008 – $122.74 January 2008 – $96.06 December 2007 – $128.09 […]

  7. […] are my totals for each month since I started this project: April 2008 – $128.41 March 2008 – $185.82 February 2008 – $122.74 January 2008 – $96.06 December […]

  8. […] are my totals for each month since I started this project: May 2008 – $169.40 April 2008 – $128.41 March 2008 – $185.82 February 2008 – $122.74 January 2008 […]

  9. […] are my totals for each month since I started this project: June 2008 – $241.33 May 2008 – $169.40 April 2008 – $128.41 March 2008 – $185.82 February 2008 – […]

  10. […] are my totals for each month since I started this project: July 2008 – $186.93 June 2008 – $241.33 May 2008 – $169.40 April 2008 – $128.41 March 2008 – […]

  11. […] are my totals for each month since I started this project: August 2008 – $216.32 July 2008 – $186.93 June 2008 – $241.33 May 2008 – $169.40 April 2008 – […]

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