Saturday, 24 December 2016

Income Report: December

Ok, it's time to get real.

Or at the very least it's time to stop pretending.

One of the reasons why I started blogging about income was in order to make myself more accountable. And that's great. Pretty much month on month I've increased my income based on the parameters that I have in place.

But the problem is that the parameters just aren't aligned with my bigger story. I keep telling myself that I want a decent passive income stream but month to month it's simply not showing up. It's not to say that the active income that I have been earning is wrong. Quite the opposite.

It too is part of the bigger story. But I keep telling myself that 50% of my income is going to be passive. That's my big dirty goal. I'm removing rental income from the equation for the moment but if I truly, really want financial freedom then I need to really get going on the world of passive income.

So this time next year when I read through my report on income I'm going to be very disappointed if I'm not able to have a made a real passive income impact here.

As for December, I didn't do a whole heap of new stuff. It was a shortened month and I didn't add any additional income streams. So I'll keep it simple:

Monthly income:-

Resume Writing: $1,269
Prolific Academic: $6.50

Total: $ 1,275.50

Not spectacular but workable. What I really intend on building upon is more income streams. Lots of income streams. Maybe five. Maybe ten. But not two. Not three.

I also don't want to grade myself at the moment. I'm simply spinning the same wheels just now. Once I create something bigger than my consistent income stream I'll really be able to push on.

2016 was the starting point. And I'm grateful that I made inroads over the year that I never would have expected. But 2017 is going to see my online business really gather pace. It has to.

So, to a successful experiment so far and so to the next stage where I will seriously move onto the next level. It's none of the big time promises that a lot of other bloggers indicate. It's the real thing.

Time to own my shit.

Merry Christmas.

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