Income Report – November, 2018
I’ve slowed down. I know.
In the past I have written articles every week and shared my income reports with the world. While I’ve continued to share my Income Reports, I have slowed down writing weekly articles. This is because my start-up launching January 20th. It’s taken up my entire world of free time, but I think it’s worth it!
While I’ve slowed down, Wallet Squirrel continues to be an important part of me because it tells the story of my favorite thing, passive income. I haven’t done much with Wallet Squirrel lately (I’m sorry), but it shows that I continue to earn passive income from all the past experiments I’ve run on the side. Anyone can do any of these and maybe see the same results or better. I will continue to share these income reports because it’s a great reflection on the power of passive income.
Income Report – November, 2018
As the year winds down, these passive income sources continue to chug along.
Here is the breakdown with links to articles I’ve done on each of these passive income sources.
Sources of Income This Month – $298.90
$200 – Bluehost Affiliate Income
$21.88 – Wallet Squirrel AdSense
$20.40 – Cashback Credit Card
$16.62 – Stock Photography
$12.60 – Interest Checking/Savings Account
$9.81 – Epic Niche Site Affiliate Marketing
$8.01 – Dividends
$5.84 – Seeking Alpha Articles
$3.74 – Lending Club
What Do I Do With This Money Every Month?
It doesn’t take too much to run a website like this. Maybe $300 a year. So I first pay off my web servers and any fancy plugins I have. The rest of the money every month is transferred to my stock portfolio that earns dividends (or more passive income). This last month I continued to buy Intermountain Realty (IRM), 3 shares exactly at $30.87 per share. You may notice it’s come back up since then. While cool, all I care about is that dividend. However I think I’ve hit my max of IRM, so I’ll be buying something else in the future. =)
The Start-Up
As I mentioned before, I’m working on a wicked cool startup idea and I’m looking to launch January 20th. That is the soft launch date, I’ll share early access with family, friends and of course you! The hard launch (the rest of the world) will be late March. I really love the idea, but tempering my expectations in case failing miserably, (It won’t do that though lol). Who knows. All I know is I will continue to try to do awesome things in the world. Thanks for sharing this journey with me!
Wallet Squirrel is a personal finance blog by best friends Andrew & Adam on how money works, building side-hustles, and the benefits of cleverly investing the profits. Featured on MSN Money, AOL Finance, and more!
Wallet –
Killer income and almost clipping the $300 mark! Also – nice job on the blue host affiliate, great bang to the amount. Looking forward to your next venture, as well.
-Lanny
hey you,
it’s been a while since I’ve been on your blog commenting because my last PC tower crashed. Glad to see you’re still moving forward with your side hustle blogging ambitions.
Looking forward to the next awesome post my friend! 🙂