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    Passive Income - April 2008

    Author: Aaron Nelsen - 3:15 pm

    1 May

    Tragically when my bank cut my interest rate again last month, it was not an April Fools joke, now the rate is 3.01%… for shame.

    • Interest: $36.22
    • Dividends: $10.04
    • Credit Card Rewards: $18.37
    • AdSense: $11.78
    • Text Ads: $25.00
    • Misc website income: $15
    • Surveys: $12.00

    That’s a total of $128.41, so I made just slightly over the $100 a month target.

    Read the rest of this entry »

  • 0 Comments
  • Filed under: Passive Income, Aaron Nelsen, Finance
  • Passive Income - March 2008

    Author: Aaron Nelsen - 12:08 am

    1 Apr

    Here’s the break down for my passive income for March.

    • Interest: $84.54
    • Dividends: $22.56
    • Credit Card Rewards: $32.72
    • AdSense: $7.64
    • Text Ads: $25.00
    • Misc website income: $15
    • Surveys: $6.00

    That’s a total of $185.82, meaning that March was my highest grossing month since the start of this project.

    Read the rest of this entry »

  • 2 Comments
  • Filed under: Passive Income, Aaron Nelsen
  • Passive Income - February 2008

    Author: Aaron Nelsen - 6:30 am

    1 Mar

    This month I added a new category, Surveys! Yay! I signed up with Pinecone Research and MySurvey and so far I’ve made $8 off two surveys, which is great considering I’ve only been a member of both sites for 10 days. Anyhow, last month I set the goal for myself to try and average $100 a month, did I make it? Indeed I did, and my February earnings even make up for being $4 short last month.

    • Interest: $35.37
    • Dividends: $11.86
    • Credit Card Rewards: $23.10
    • AdSense: $4.41
    • Text Ads: $25.00
    • Misc website income: $15
    • Surveys: $8.00

    That’s a grand total of $122.74. Not bad at all, and for the record if you’re lazy like me and want to buy a few extra cups of coffee a month I highly recommend you sign up for MySurvey.

    Read the rest of this entry »

  • 0 Comments
  • Filed under: Passive Income, Aaron Nelsen
  • Passive Income - January 2008

    Author: Aaron Nelsen - 8:15 am

    1 Feb

    My passive income for January was slightly lower than December, mostly because I had to pay for classes, my speeding ticket, and the bank cut my interest rate. Ah well, still not a bad start to the new year.

    • Interest: $30.58
    • Dividends: $11.53
    • Credit Card Rewards: $13
    • AdSense: $9.93
    • Text Ads: $16.02
    • Misc website income: $15

    That rings up to a fairly respectable $96.06 for the month, I’m hoping to see an average of $100+ per month this year, we’ll see how that works.

    Read the rest of this entry »

  • 0 Comments
  • Filed under: Passive Income, Aaron Nelsen, Finance
  • Passive Income - December

    Author: Aaron Nelsen - 10:00 am

    5 Jan

    Here’s the break down of my passive income for December 2007. I’m happy to report my passive income was slightly more than double what it was in November.

    • Interest: $48.29
    • Dividends: $11.29
    • Credit Card Rewards: $32.10
    • AdSense: $5.39
    • Text Ads: $16.02
    • Misc website income: $15

    My total for December is $128.09, that’s an increase of $64.90 over November.

  • 0 Comments
  • Filed under: Passive Income, Aaron Nelsen, Finance
  • Passive Income - November

    Author: Aaron Nelsen - 4:29 am

    1 Dec

    Since October I’ve been trying to cheat the system and get something for nothing, in this case, a little extra income without any work.

    My total passive income for October was $63.19, not too shabby for just getting started. Here are the numbers for November.

    • Interest: $15.11
    • Dividends: $14.72
    • Credit Card Rewards: $24.58
    • AdSense: $3.13
    • Text Ads: $16.02
    • Misc website income: $15

    Bringing my total passive income for November to $88.56, that an increase of $25.37 over October, and brings the total earnings since the beginning of this project to $151.75.

    My main dividend stock just dropped their dividend payout to 10 cents per share for the next three months, which stinks, but I expected it.

  • 0 Comments
  • Filed under: Passive Income, Aaron Nelsen, Finance
  • Passive Income - October

    Author: Aaron Nelsen - 7:38 pm

    1 Nov

    At 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 the month of October, I made $63.19 in passive income, here’s the break down…

    • Interest: $11.13
    • Dividends: $13.22
    • Credit Card Rewards: $16.57
    • AdSense: $7.17
    • Text Ads: $15

    This blog generated nothing in AdSense income, which is sad, I also didn’t end up doing anything with Revver, so no love there either.

  • 0 Comments
  • Filed under: Passive Income, Aaron Nelsen, Finance
  • Passive Income

    Author: Aaron Nelsen - 8:00 pm

    6 Oct

    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?

  • 6 Comments
  • Filed under: Passive Income, Aaron Nelsen, Finance

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