Income Report – September, 2017

I love these monthly income reports because they show a full transparency of everything we make from all our side-hustles on Wallet Squirrel. Everything we make, we invest to show that you can create an entire retirement portfolio from just extra ways to make money.

So let’s start.

We Accomplished Tons in September

Andrew wrote some awesome articles
Adam also curated some awesome articles

We crushed it!

Income Report – September 2017

Every month as we continue to write articles and build our Wallet Squirrel brand, we’re finding more and more opportunities to earn money. September was a great month!

A lot of the income this month was from our Robinhood App Affiliate Program, which gives you a free share of stock when you sign up along with whoever’s referral code you used. In September, 5 people used my referral code (THANKS!) and we both (referer and new sign up) were randomly selected shares of stock. Most of the stocks I random won were around $5 like Sirius XM and Groupon, but I did get one free share of Apple at $160.

Here are all the sources of income for September

$179.89 – Robinhood App Affiliate Program
$72 – TurboTax (which I use) paid to have a link in the existing Cost-Benefit Analysis article. Cool!
$45.00 – Bluehost Affiliate Income
$28.02 – Seeking Alpha Articles
$23.94 – Cashback Credit Card
$6.70 – Dividends
$5.32 – Wallet Squirrel AdSense
$3.88 – Interest Checking/Savings Account
$2.88 – Lending Club
$1.28 – Stock Photography

Where does that $368.91 go?

Since the goal of Wallet Squirrel is to create a $10,000,000 retirement account. The money I make on Wallet Squirrel is invested in my investment portfolio. This month I invested in both Verizon Communications & Cisco Systems.

Let’s Talk Goals

Did I meet last month’s (August) goals? – Not Really

I was SUPPOSED to build the Ultimate Blog Post Marketing Guide. Here’s the thing, I added so many details to my current marketing guide but I realized it will always be a work in progress. I am constantly adding more news networks and syndication spots, but there are ALWAYS more to add! I’m not sure when to stop. So I may hold off for a while on an ultimate guide until I feel I’m at a good spot.

October Goals

Set up a Pinterest Process! – In August, I finally learned what Pinterest was and how to use it but I haven’t yet fully taken advantage of all the tools. I’m hoping to set up some pins through CoSchedule and view other people’s pins and boards to learn what’s successful for them. The end goal is to increase my Pinterest following, I’m currently at 24 followers.

Does anyone reading this have a successful Pinterest Board they want to share?

Income Report – August, 2017

With school coming up, that means September is starting and August is over. So I tallied up my August income and excited to share what I made.

It’s exciting because I publish these monthly income reports to show that it is possible to earn extra money (new ways every month), so you can start saving up for retirement. You should totally try some of these! This is how much I’ve made so far.

What we accomplished in August!

• Adam reviewed the Ibotta App, I guess he was pleasantly surprised.
• Adam listed the income reports of our favorite bloggers in the July Income Report Round Up.
• Adam created a list of 14 True Passive Income Ideas You Should Know About. A couple of these are on this income report.
• Adam threw a party and shared with his friends (like me) some awesome backyard games, he made himself. Here’s how he did it.

• Andrew tried out Domain Flipping, seeing how people make money by buying domain names and selling them for a profit.
• Andrew analyzed the Cisco Systems (CSCO) and bought a couple shares.
• Andrew shared how to monetize a blog with affiliate marketing, it’s fairly simple and this is how Adam and I monetize all our blogs.

Income Report – August, 2017

Check out the infographic on where the August income came from.

A majority of the income this month came from our ONE Bluehost Affiliate sale. Wahoo! Apparently, people are finding the How to Start A Blog post helpful. Here are the other sources of income this month.

$45.00 – Bluehost Affiliate Income
$42.77 – Seeking Alpha Articles
$28.95 – Cashback Credit Card
$20.94 – Dividends
$15.08 – Stock Photography
$6.83 – Wallet Squirrel AdSense
$5.63 – Robinhood App Referral
$4.20 – Interest Checking/Savings Account
$3.29 – Lending Club

It’s pretty awesome that all these forms of income combined make up $172.69 for the month of August. That’s my largest income yet without a sponsored post. Yay!

Where does that money go?

Since our goal is to create a $10,000,000 retirement account. The money I make on Wallet Squirrel goes toward that goal. So last month, I invested my extra money into Cisco Systems. I bought 12 shares at $31.54.

Let’s Talk Goals

Did I meet last month’s (August) goals? – Yes

I Learned Pinterest! – This is one of the large social media networks that I didn’t know much about. I spent an entire weekend researching and reading Pinterest Guides. I’ve now started formatting blog post images both horizontally and now vertically for Pinterest.

September Goals

Build the Ultimate Blog Post Marketing Guide! – I’m currently updating our “How To Start A Blog” post and plan to market it heavily. Both because it’s going to have a cool infographic and the Bluehost Affiliate link has the most potential for income.

Income Report – July, 2017

Wrapping up July means I get to publish my monthly income report! These are some of the most exciting posts for me to write.

It’s exciting because I publish these monthly income reports to show that it is possible to earn extra money (new ways every month), so you can start saving up for retirement. You should totally try some of these! This is how much I’ve made so far.

Income Report – July, 2017

I started off this month taking a bit of a vacation. You see, Adam and I (plus our significant others) went to visit our buddy, Tristian, in Maine for the first week in July. It was awesome but it was tough to take a break from Wallet Squirrel.

Then again how can you work when you’re having this much fun.

Adam takes new photos around Acadia National Park for new Stock Photography images to sell.

Andrew waits for Adam to take photos at every stop. That’s ok because it’s for stock photography and Andrew sucks at taking photos.

Our main July highlights were:

How much did we make in July?

These are technically my income reports, but some of the income streams we share like the affiliate sales and AdSense revenue. So here is my income report for July, just duplicate it for Adams.

I changed the infographic up a bit, focusing more on the income and investments. Not so much the other stuff. It’s still a work in progress. =)

A lot of my side income this month was through my cash back credit because I spent more money than I’d like in Maine. I’m constantly striving to be frugal, it just doesn’t always happen. Here is the break down in order of revenue.

$39.74 – Cashback Credit Card
$29.49 – Seeking Alpha Articles
$5.92 – Dividends
$3.84 – Interest Checking/Savings Account
$3.70 – Wallet Squirrel AdSense
$2.99 – Lending Club
$2.50 – Stock Photography

The biggest surprise was that I was still making money with my Seeking Alpha articles. I’ve only written two articles so far and they pay a base fee of $35 per article when I wrote them, but it adds $0.01 per view afterward. So in August, I didn’t write any new articles, but I received 2,949 views on my previous articles or $29.49 in revenue.

Have you tried any of these to make money?

Where did I invest this month?

As always, I add my extra income every month to my investment portfolio.

This month I invested more into Verizon and Realty Income. I’m glad I picked up a few more shares of Verizon at $43 because it’s back up to $48 now. Wahoo! I will start diversifying into some other stocks soon here.

August Goals for Wallet Squirrel

Did I meet last month’s (July’s) goals? – Yes

  1. I finally built a social media calendar! Our social media game is now on point and we’ve already seen a nice uptick in social media traffic to Wallet Squirrel since I started using CoSchedule. If you’re not using a social media calendar, it helps SO MUCH! It’s great to keep track of everything you’re sending out and web traffic you’re generating for your website.

August Goals

  1. I really want to learn Pinterest – I’m familiar with nearly all the social media platforms, but Pinterest is still a bit of a mystery to me. I see it being successful for so many other bloggers, so I want to really dive into it this month. I’m hoping to create some awesome graphics and learn how to promote them on this social media platform. Any tips?

Income Report – June, 2017

What are these Income Reports?

Wallet Squirrel is the embodiment of my financial independence journey (it’s really Adam and myself). So monthly, I publish these income reports to show what we did this last month, how we’re doing and what we do with that money (we invest it). Our goal is to prove it’s possible to make extra money on top of your full-time job for retirement. We’re proving this by building a $10M portfolio just from the money we make side hustling.

June Highlights

June was another big month of content and not just because I had lots of time to write while my girlfriend was on vacation. lol. Here are some of the highlights in June.

(New Series) Monthly Income Roundup: Adam has started a new series featuring the income reports of dividend investors and income bloggers to help identify other bloggers making money in different ways. This is a great new series he’ll continue to report how much other bloggers are making.

(New Post) Are You Considering an MBA? Answer these 2 Questions First: This is an article that outlined why I didn’t get my MBA and if you’re considering getting one, it’s a definite read.

(New Way To Make Money) Try Getting Paid Writing for Seeking Alpha: I got my first article published on Seeking Alpha, which is a financial analysis website. I shared how I got my article published, how much I made and how it’s a great way to earn $35 per article and $0.01 cent for every page view which do add up.

Income Report – June, 2017

Six months now after Adam and I have gone full throttle on Wallet Squirrel, writing articles twice a week and marketing the website. We had our highest month yet. Last month’s May Income Report was only $80.48.

Paid Review: It’s always a nice feeling when someone reaches out to you because they like your website. In this case AppMatch asked if we could do a review of their new app. Which I was excited about because the couple app reviews, we did for free, were really successful on Wallet Squirrel. If you recall, these were the Achievemint App and Robinhood App. So I accepted their offer of $200 to a review as long as I could be HONEST. It’s definitely not a fluff piece if you want to check it out. I had some tough critiques of their product, but overall it’s a fun BuzzFeed like Quiz App.

PS. I went through PayPal and that $200 quickly became $193.90 because of PayPal fees. SCREW YOU PayPal!

Where Did I Invest This Month?

I earn side hustle income monthly, but where does it go?

I continued to Dollar Cost Average this month, investing a regular amount into the stocks Verizon and Realty Income on the dip. Both of these stocks keep getting hit, resulting in a lower share price. I know these both will come back so I’m buying low and holding them for their dividend.

July Goals for Wallet Squirrel

Did I meet last month’s (June’s) goals? – YES

  1. Update the About Me PageYES! – Our About Page is updated with a fun comic graphic up top, explanation of Wallet Squirrel and now includes biographies on both Adam and Myself. I figured it was time to start including Adam in the About page. I finished this at midnight of June 29th. =)
  2. Write 2 Articles for MoneyYES! – This was an ambitious goal because if you’ve never got paid for writing (I haven’t) it’s difficult to know who will pay you, how much and how the entire process goes. I ended up trying out Seeking Alpha and wrote about my first experience in “How I published my first article in Seeking Alpha and got paid“. Then after that was a success, I did it again! I wrote another article in 3 hours and it was published the next day. Both of those contributed to a nice income boost ($93.68) for Wallet Squirrel.

July Goals

  1. Build a Social Media Calendar: Our social media is doing better and better, mainly because Adam and I use it to create conversations and help other people with questions. I’m hoping use CoSchedule, Buffer or Meet Edgar to help me manage our social media. Any you use?

How did your month go?

May 2017 Income Reports Roundup

Income Reports Roundup

There are so many great financial blogs on the internet that we all can learn from. All of them provide great advice and deserve some recognition. Andrew and I want to give that recognition by starting a new series highlighting some of the other financial blogs around the web. After some thought we decided that I should write these highlights around their latest income report (Some blogs are a month behind compared to when I post this article). These income reports show exactly how others are making money. Hopefully this will give you some amazing ideas on how you can expand your own little empire.

I want to highlight people from all phases of their financial freedom journey. This is why you will find big wigs like Pat Flynn and Michelle Schroeder on this list but you will also find lesser knowns such as Nadya from Living Off Cloud. I also want to show a wide variety of how people are making their extra money. You will read of people using affiliate marketing, dividend income, niche websites, and so on.

I look forward to updating this list every month for all of us to learn something new together. This list will not be the same every month as I might find a different blog with something new to share. As always, I am open to suggestions.

Oh yeah! Do not forget to keep up to date with Andrew’s Income report by reading his May 2017 Income Report!

Alright, enough with my rambling. On to the income reports!

Pat Flynn – Smart Passive Income – $102,915.99 (April 2017)

Compared to March, Pat had a rough month. He dropped from a $212,111.33 income in March to $102,915.99 in April. That sounds horrible but he explains that in March they launched two new online courses, Smart From Scratch and Power-Up Podcasting that gave their income a surge. In April, that surge settled and he is now back to normal numbers.

In April, Pat made most of his money from affiliate marketing such as Bluehost and Market Samurai. He also makes money through books sales, consulting, his podcast, niche sites. It looks like Pat has also made it into the software and WordPress theme development business as well. Just off of his Smart Podcast Player Licenses and the SPI Pro Them from StudioPress he made a whopping $12,706.32.

Pat really has diversified since I started following him a few years ago. Seeing what he is accomplishing really motivates me to diversify Wallet Squirrel!

Michelle Schroeder – Making Sense of Cents – $120,104.93 (May 2017)

I found Michelle’s blog about three months ago and check in on her updates a couple times a week. Michelle provides excellent content that highlights real life events allowing her readers from all walks of life to connect. Each month I check in for her income reports they have gone up and up. Sadly in May she broke that streak by bringing in $120,104.93 compared to $131,448.35 in April. This is still really impressive even if her numbers dropped slightly.

In May Michelle made just over half of her income from affiliate marketing such as Bluehost and Ebates. Another major income source is from her Making Sense of Affiliate Marketing Course. This course helps bloggers increase their income by tapping into their own blogs affiliate marketing potential.

Andrew and I have talked about creating a course ourselves but have not yet sat down together to bring that to life. Have you thought about creating one yourself? What is holding you back?

Stefan Sharpe – Millennial Budget – $11.06 (May 2017)

Stefan had an awesome May! He is our first of several income reports that focus on making extra money each money from dividends. Dividend income is special to us at Wallet Squirrel because dividends are at its roots. This is why Andrew started the blog a couple years ago.

Stefan was able to double his dividend income compared to his February report where he made $5.78. He made a killing after purchasing PAYX, Paychex Inc. This purchase brought in an extra $4.60 in May alone.

Keep up the good work Stefan! Learn more about what dividends are and dividend investing.

Investment Hunting – $47.58 (May 2017)

Now, to be fair, this is not an income or dividend report from Investment Hunting. This is his month four report on how his experiment with Lending Club is going. I thought I would share Investment Hunting’s story here because it is looking like a great way to earn some extra money. Lending Club is a lending network that is funded not by the banks but by regular people like you and I.

Investment Hunting started his experiment by investing $5,000 into people on the network. He had a really good month in May by getting a total of $158.38 back. This included receiving back $110.77 in principal and $47.58 in interest. Throughout the four months he has made $134.27 off of the interest.

Andrew has a great article on getting started with this unique way to invest, Lending Club Review, My Experience With Them.

Lanny and Bert – Dividend Diplomats – $275.54 (Bert’s May 2017)

Lanny and Bert are, “Two 20 something dudes who are blogging about #Investing, #Frugality, Passive Income & attempting to Reinvest Our Dividends to Financial Freedom!” Just like Andrew and I, they are two best friends that are striving for that ultimate goal of financial freedom.

This month Bert shares his dividend income summary for the month of May. He and his family (his wife contributes as well) made an amazing $275.54 in May. This is a 61.90% compared to May 2016 or a 14.41% increase if you take out his wife’s portfolio who hadn’t joined the cause yet last year.  Either way, this is some impressive growth!

Bert’s wife was the biggest reason for the enormous increase of income in May. We are only as strong as the woman next to us, right Bert? I must say, my wife helps out so much in the background so I can be a part of Wallet Squirrel for which I am so thankful for.

Keith Park – DivHut – $584.38 (May 2017)

Keith is another one of our featured dividend income gurus. All in all he had a very strong May 2017 compared to May 2016. He increased his dividend income by 11.3% compared to last year. This helped him rake in $584.38 just off of dividends. That is really impressive!

Overall in 2017 he has made $2,672.69 just off of dividends. This really goes to show you that dividend income can help bring in some extra income for your family. It seems like he has a really healthy curve of growth going. Let us all hope that this growth continues for Keith in the second half of 2017.

Keith shows that dividend investing can be very beneficial. If you are interested at getting started here is Andrew’s Dividend Investing Strategy.

Nadya – Living Off Cloud – $1,672.04 (May 2017)

Nadya is new on my radar for bloggers to follow. Her blog really caught my eye because of all the niche sites she manages. It is really impressive that she is able to keep up four niche sites. She does not name her sites by name but gives them a code name instead such as Elephant, Horse, Rat, and Honeybee.

What really intrigued me is that she does not make these sites from scratch like most people, she has purchased them! I did not notice this until I realized that she mentioned that she has just paid off the Elephant site after purchasing it. She was able to pay it off by using its own income. Way to go Nadya!

Overall she made $1,672.04 in the month of May. This income mainly came from her Elephant and Horse websites through Amazon affiliate and Adsense.

Check out some more Affiliate Marketing sites in Andrew’s, 50 Amazon Affiliate Website Examples article.

Sarah Brooks – The Frugal Millionaire – $2,716.75 (May 2017)

Like Nadya, Sarah is another new blogger on my radar. I really liked her site, it is very clean and well organized. The only thing that really annoyed me was that little ad at the bottom of the screen in the blog post that stayed with you no matter where you scrolled. I guess that might be why she made $356.09 just off of ads in May!

Sarah makes most of her income off of affiliate sales, totaling $2,232.70 in the month of May. This is very impressive as we do not come even close to that. It makes me wonder what Andrew and I can do to get Wallet Squirrel to that level. Well done Sarah! Keep up the good work!

Outcomes

I personally learned a lot from my research to find other bloggers to write about. Looking at what other people are do has me think about where I focus my energy when working on Wallet Squirrel. Lately I have been so focused on SEO items. Which is good and we are seeing massive organic traffic growth. Now I am thinking that I need focus on marketing and getting more people to the site.

Hopefully these income reports give you some more ideas on where real people are making more money and what the next steps are for your site.

Do not forget to take a look at our comprehensive list on ways to make more money in 2017.

Income Report – May, 2017

Hi, I’m Andrew.

Wallet Squirrel is the embodiment of my financial independence journey (it’s really Adam and myself). So monthly, I publish these income reports to show how we’re doing and how we make our money.

I use these to explain where our extra side income is coming from and what we’re doing with it (aka, how we’re investing it). We figure if we find enough extra ways to earn money on the side, we can use that extra cash to plan for our future/retirement (build a $10,000,000 portfolio) on top of our regular 8-5 job.

May Highlights

  • I have to give credit where credit is due, Adam CRUSHED IT with our SEO! We jumped from a MOZ Domain Authority rank of 19 to 23 this month! That is huge! It’s hard. “Domain Authority” is a score developed by Moz that predicts how well a website will rank on search engine result pages. So basically Adam, with his SEO vodoo, made Google like us more, thus already we’re getting TONS more traffic! Our switch over to Bluehost was probably a big help along with our other SEO Improvements earlier this month.
  • Our highest visited post EVER was this month! Adam’s “How You Can Save Big Money On a Home Remodel” has been a huge hit. There are many DIYers out there using his tips on how to save nearly $5,000 on their back yard remodel. As someone who helped him with the yard work, friends are cheap labor. =)

As always, the main highlight is our Income Report!

Income Report – May, 2017

Anytime I can beat my average $65 a month, it’s a good month. This month I came in at $80.48. I made some extra money through new sources like Ebates where I had one referral PLUS I used it to buy flowers for my Mother through 1-800 Flowers and gained 25% cash back ($12.50 cash back). Pro Son Tip – Mothers love it when flowers are delivered to their work.

Plus our stock photography was awesome, it’s my favorite form of passive income. I will note, It was Adam who made money from his stock photos this month, but they are all under the Wallet Squirrel brand which we split. Below is my income report for May.

 

What did I invest in this month?

I earned all this money, but what did I do with it? Well, as always, I invested it.

This month I started Dollar Cost Averaging into stock I already owned. So I picked up a few more shares of Verizon (VZ) and Realty Income (O) while they were on the dip and diversified more by picking up Microsoft (MSFT).

I think Microsoft is crushing it when it comes to cloud storage, so I just expect their share price continue to climb. It’s definitely a little high right now, but I still think it has room to grow. This is my stock portfolio right now.

Side Note – I also reinvested into my Lending Club account, I only originally put $300 in to test it and it’s averaged about 5% overall so far. It’s not great, but when you have under $2,500 in the account you have to reinvest your interest gained manually. So I bought one more “note” to help someone reconsolidate their credit card loan under a lower interest rate.

June Goals for Wallet Squirrel

Did I meet last month’s (April’s) goals?

  1. Update the About Me PageSOMEWHAT FAIL, I did update this page adding the purpose and mission of Wallet Squirrel. However I didn’t add a fun comic idea I have. This isn’t a big deal, but the About Me page seperates Wallet Squirrel from every other FI blog out there, so I want to put a little more effort into it this month and finish my comic idea.
  2. Write 2 articles for moneyFAIL, I did research to find A LOT more websites that pay for articles however I didn’t have much time this month with 2 separate groups of friends visiting this month. I had an AWESOME time, but they did occupy my weekends which usually are my best writing times. I want to complete these goals this June!

Yes it sucks I didn’t meet these, but I am being completely transparent on what I hope to accomplish. If I don’t get it done, I have to face you. It’s scary.

June goals for the month?

  1. Complete my previous month’s goals of updating my About Me Page and writing 2 articles for money.
  2. Complete my interview for the Fluid App. After my review of the Fluid App, I reached out to their team and offered to do a synopsis interview for their blog of my experience in return for a link back to Wallet Squirrel. They loved the idea! It’s a great app that I enjoy using and I’ll get another link back, increasing our SEO for Wallet Squirrel. I’m stoked!

How did you do this month?

Income Report – April, 2017

Why do I publish my Income Reports?

This is a trend I started after seeing many of my blogging friends publish what they made online. If it wasn’t for them publishing where they made their money, I wouldn’t have believed it was possible to make money online.

Now I continue this journey, proving it is possible to make extra money online and find new ways to save your current income. These income reports are all made up of EXTRA money I earned, on top of my 9-5 day job. My goal is to prove that even people with no money saved up, there are TONS OF WAYS to earn extra money to start investing for retirement!

Everything extra I make, I invest in an effort to reach my INSANE goal of building a $10,000,000 portfolio from side income.

I finally discovered Wallet Squirrel’s niche!

I FINALLY discovered my niche. What makes Wallet Squirrel different from EVERY OTHER personal finance website online. There are SO many personal finance blogs out there, that it’s hard to distinguish how one is different from another.

After changing the Homepage “header” tag over 52 times this past month, trying out different niche taglines. I am happy with the new direction Wallet Squirrel will take. Or better yet, I’m happy I can finally put into words what Wallet Squirrel always meant to be. It combines my love for investing with my deep curiously on how people make a living online.

One of the biggest excuses why people haven’t started investing for retirement is “I don’t have any extra money to invest with“. Even those who have saved/budgeted/pinched every penny. Wallet Squirrel aims to DESTROY that reason!

We will prove to people that it’s possible to earn extra money, on top of your day job, to start investing now and how to do it. As social proof…..

Wallet Squirrel’s goal is to build a $10,000,000 portfolio by using only extra money we earn online.

Yea, we set the goal ridiculously high, but reach for the stars, right?

We will freelance write articles, sell stock photography, earn cash back through Ebates, sell digital templates, sell t-shirts, do surveys, sell old items on craigslist and do EVERYTHING we can to test myths of earning money online. With the purpose to invest everything we earn.

What Happened in April

April was another awesome month with Adam killing it, increasing our SEO and finding new ways to gain traffic. Here are some of our highlights!

  • April Highlight – AOL Finance Collective asked Wallet Squirrel to contribute to their Finance Network. We’re really excited about this and look forward to reaching more people through their HUGE network. You may notice the AOL Finance Collective tag in the footer of our page. We’re growing in the Personal Finance World
  •  April’s Most Popular ArticleHow I made $1.88 Selling Stock Photography in 10 days as a new Shutterstock Contributor. This was SO much fun to write and took a whole month to write. After learning Adam made over $1,000 on one photo of the St. Louis Arch, I had to try it myself. This is my experience. We will try to shoot some more stock photography over the summer to create another passive income stream!
  • April’s Most Profitable PostEbates Review – I wish I started this 2 years ago. This was also really fun and will be a staple in all my future online shopping. I only made $10 from using a friend’s referral link, but that’s still $10. Plus, if you use my referral link, I’ll make $5 for each sign up and you’ll get $10!

April’s Income Report

I don’t expect my dividends to bring in much of an income in the near future since I paid off my car. However I reached another average $68 dollar month mainly because my 2% Cash Back Credit Card continues to crush it!

It’s hard to imagine that 3 years ago I was paying around $70 on my credit card per month and now that it’s paid off, it continues to make me $15 – $45 per month purchasing things I regularly buy anyway.

What I plan to accomplish in May

With Adam continuing to do awesome work on SEO, I’m further motivated to push Wallet Squirrel to new Google height. So I have some lofty goals for May.

  1. Update the About Me Page – I’m going to include Adam’s Bio and better explain Wallet Squirrel’s purpose, niche and life goal. I have a big “Start Here” button on my site that leads to this page, I can do better to explain Wallet Squirrel to new visitors.
  2. Write 2 articles for money – There are multiple sites that pay for articles on a variety of topics. If I plan to get to my goal of $10,000,000 I need to continue to try new ways to earn an extra dollar. I have 2 in mind. =)

I’m legitly curious, what do you think of the new niche/direction. Am I on to something?

Income Report – March, 2017

Have you ever sold $6,000 worth of stocks at 7:40 in the morning while eating Captain Crunch? I have.

Following last week’s post on my Cost-Benefit Analysis, Invest my Tax Return or Pay Off my Car. I came to a decision. I will pay off my car.

I am using my $3,200 tax refund (plus $500) in addition to 3/4 of my stock portfolio to pay off my $10,312 car loan.

Why Am I Paying off my Car Loan Rather than Investing?

There were many heated discussions within Andrew’s pool of friends. I could invest my tax refund and make $1,000 more by October 2nd, 2019 or put the tax refund toward my car reducing the amount of months till I pay it off.

I decided to fully pay it off. This is why:

  • I never thought I’d NOT have a car loan, so the idea I could pay it off is incredibly happy because I’ll then only have student loans! (albeit $50,000 in student loans left) #MoreFinanciallyIndependent
  • I’ll now have $340 more per month to buy stocks! This means more in-depth reports on more stock buys and stock analysis.
  • I free up $340 per month in monthly cash flow. 99% of the time I’ll invest that, but it leaves me open to do more side projects for Wallet Squirrel. I love experimenting on Wallet Squirrel and they usually result in earning more money or at least some great lessons learned. I’ll take that.

In the end, I’m very happy with my decision, but it’ll likely be the first and last time I ever pull money out of my stock portfolio.

Last Time

What Happened in March?

If you recall from February’s Income Report, this was month (1 of 3) to test Wallet Squirrel’s newest contributor, Adam and MAN did he do well! He crushed it this last month by getting an article out every Monday at 1pm. While generating great content and increasing Wallet Squirrel’s SEO. Every blog needs an Adam.

Every blog needs an Adam.

  • Most Popular PostFebruary’s Income Report. This proves that lots of people like to dive into how income is generated on Wallet Squirrel and how it’s being invested. Income Reports continue to crush it in web traffic (maybe it’s the infographics). Plus it was Adam’s introduction to Wallet Squirrel, which also made our most popular Tweet to date.
  • Longest Post Last Month50 Amazon Affiliate Website Examples Making Money in a Niche. This post alone had 3,801 words and is quickly becoming one of our most popular post. It’s super helpful and motivating to anyone looking to start a affiliate website. Some of these sites make $20,000 per month.
  • Wallet Squirrel is a legit company! – I shared a post Wallet Squirrel is now an LLC, but I’m not sure I did it justice on how excited I am about it! While the process was SUPER easy (read it), it’s a very empowering knowing that I now have an LLC to build my Squirrel Empire of side-hustles. Is it weird that I’m excited for taxes next year?

March, 2017 Income Report

This month I made $265.87! That’s pretty cool, but funny because I made $265.30 in January. So essentially $0.57 cents more than January. Lol

The big factor was I did another sponsored post which I charged $200 . It’s great that doing a sponsored post can cover the cost of the website expenses and contribute to future side-hustles, but I feel odd putting other people’s content on my site. The only bonus is that I’m reviewing each post before I publish it and making sure it’s interesting. I reject A LOT of sponsored post.

Even though I’ve done 2 sponsored post so far, I have no idea how to charge for them. Does anyone have a pricing table?

I’m thinking I’ll charge $500 or $1,000 for the next one. If people won’t pay that, then I guess I won’t do any more sponsored posts for a while. Works for me. =)

March 2017, Dividend Monthly Income Report Infographic

Income Report – February, 2017

Upon first glance, I’m sighed “crap” under my breath while looking over my new income report infographic. I didn’t make much. Especially after an awesome month just four weeks ago, but here’s why!

Why is this Income Report lower?

The main reason, I didn’t have a sponsor post or an experiment earn any income this month. I did have an offer for a sponsor post. However it wasn’t a good fit, so I said “hell no”. I turned down $150 because I really LOVE the community I’m building and didn’t want to even slightly damage it with a crappy post. So I’ll stay poor another month.

My Experiments this month

I have been conducting two experiments this month, one involves selling stock photography and the other involves building a sweet Twitter strategy. If you’re on Twitter, you’ll easily see my around 10 tweets a day.

Seriously, I’ve been on a Twitter Storm, I’m trying to get to 1,000 Tweets and analyzing what Tweets work the best as well as growth hacking my Twitter Account. If you’re on Twitter, Follow me @WalletSquirrel. I’ll personally thank everyone who shares this post on Twitter. =)

Coming to Wallet Squirrel – Adam

Wallet Squirrel is getting a new contributor joining “Team Squirrel”. This means Wallet Squirrel will have even MORE posts and MORE experiments earning extra cash to invest. Adam will have his first post soon, but I wanted to do a quick introduction.

Adam and I have been best friends since 2007. We graduated from the same design program in college, I was in his wedding (my role may surprise you) and we built our first successful affiliate website together. This is the one we’re currently revamping. He knows a thing or two about building great websites. We’ll do a big reveal soon!

Adam and Andrew in an Action Shot at Great Sand Dunes National Park and Preserve in Colorado.

Adam and Andrew in an Action Shot at Great Sand Dunes National Park and Preserve in Colorado.

Basically he’s a BAD ASS, and will bring a ton of new strengths to Wallet Squirrel. We’re starting off strong and will hopefully build up to something like DividendDiplomats.com in the future. Those guys are crushing it and we hope to reach that level in the next couple months.

Adam hasn’t written a bio yet, but it would highlight these skills. He’s an SEO machine, dabbles in programming/app design, organizational freak and production hack expert. I’ll let him expand on those later.

I will admit, I was a little nervous about bringing on someone new to “Team Squirrel”, especially after I’ve done so much to build up this community on my own, but I recently got some awesome advice (thanks Dividend Diplomat, Bert) that ran along the lines, partnerships work when you feel they’re like family. That resonated with me and I was convinced I wanted to try. So let’s give an awesome welcome to “Team Squirrel’s” newest addition, Adam!

My Income Report

Did I mention, I made some money this month?

February-2017,-Dividend-Monthly-Income-Report-Infographic

Does anyone have any great Twitter advice for growing an audience?

Income Report – January, 2017

2017 has been off to a tremendous start. This month has been one of my strongest yet with an income of $265.30. Yet it was more successful due to my consistent blog posing!

I have managed to have a post go out every Thursday around 1pm MTN. That’s been something a little hard for me in the past, but I found the secret. Always be one post ahead. That way I have a post always going out. It gives me the assurance I need. They say consistency is the best thing you can do as a blogger. I hope 1pm MTN on Thursdays works for everyone!

Some of the highlights this month!

  1. I’ve been doing more money experiments this month like Selling My First Item on Craigslist Ever and testing to see how effective Lottery Tickets are at earning you money (hint, I won but I could have easily lost everything)
  2. I did my first guest post. This was scary because I wanted to continue to pump out great content but I’ve been slacking in posting timely posts. So I mixed it up and did a guest post. This is exactly what I needed to recharge my motivation. Plus I earned $150 while learning about some side jobs for millennials.

January-2017,-Dividend-Monthly-Income-Report-Infographic

Upcoming next month:

I have some awesome stuff next month with different ways to make extra money. These include stock photography (I’m going through old photos now) and I’m starting a second Affiliate Website. With the Affiliate Website, I’m giving you a step by step from concept, to website design, to launch. So the process can be replicable. I’m really excited about that!

I’m stoked about Wallet Squirrel in 2017!

What do you think of the Income Report?