Monday, 5 September 2016

Income Report: August

Well, it's all very piecemeal at the moment. I've talked in the past about passive income streams and they haven't quite gathered pace.

I've talked about diversification and I'm yet to get the balance here. But this was never going to be an overnight story and by writing it down (hopefully) I'll be able to look back in a year's time and laugh at how far I've progressed. That's the goal anyway.

So let's get this party started:

Resume Writing: So having wrote this article a few days ago, I've had to re-write much of it after properly calculating my resume writing income.

My original estimate was $1,050. The figure actually came to $1,815... Clearly mathematics isn't my strong point and the early part of the month was more active than I had remembered.

It's still my income anchor, though I'm very aware that I need to build out other areas to this level.

The local resume business hasn't gained traction, though that's more down to my low level marketing. I tried to sign up some students to earn commission as introducers, but they all seem to be too busy chasing down Pokemons

Article Writing: $50. I didn't write at all for my regular gig but I've another regular one starting now. I think September could be a good earnings figure for article writing. Famous last words.

Prolific Academic: $1. Yeah, this one's not doing a lot to build out the retirement fund. To be fair, I haven't really thought much about it lately but it is easy money.

Postloop: $5. It's still a comfort blanket of a site for me. You while away a bit of time on, connect with a few people on it, earn a few dollars on it and move on. I don't default onto the site as much as I used to and it's not going to make me a king's ransom.But it's always there in the background if I need it.

So there you go it: $1,871 compared with $1,587. That's about 17% up on the previous month so I do know I'm moving in the right direction.

I'll give myself a score of B+. The $1,000 is my very least level these day for a 'pass' and I'm easily beating that at the moment. But I do need a lot more diversification and a lot of work on the passive income world.

I know that I've got a few writing gigs already sorted out for September, have already beaten the combined Prolific Academic / Postloop return in one survey this month (though that was never going to be hard) and I've signed up for an online writing course as well. All pointing in the right direction.

September will be awesome.  

No comments:

Post a Comment