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