Income Report – February, 2019
Hey Everyone! I’m excited to share another income report and some awesome news!
First, for those new to reading Wallet Squirrel. Every month I share my income reports of how much I make online through this website and other passive income streams. I break it down so other people interested can find ways to make extra money as well.
February 2019 – Income Report
In February my income dipped a little, but that was to be expected since I haven’t done too much with some of these side hustles. Most of this income is passive from the time and energy I spent months ago. It just keeps trickling money in.
So in summary, most of the income in February was from my Cash Back Credit Card because I was spending lots of money (more on that later). Otherwise the second highest income source were my dividend stocks. That was pretty cool!
Sources of Income This Month – $110.47
$47.53 – Cashback Credit Card
$26.85 – Dividends
$13.37 – Interest Checking/Savings Account
$7.54 – Wallet Squirrel AdSense
$6.12 – Stock Photography
$4.19 – Lending Club
$3.87 – Seeking Alpha Articles
$1.00 – Epic Niche Site Affiliate Marketing
Where Does This Money Go?
Most of the money goes back to invest in additional dividend stocks. These make more money every quarter so it’s a snowball effect. In February I bought some more Disney stock because I’m convinced that Disney+ is going to be big! Otherwise this money helps pay for my website maintenance and my latest startup.
I Finally Launched My Start-Up! ForeverDonor.com
I have been teasing for months that I’ve been working on a top-secret startup. It’s been a roller-coaster of emotions but today I officially want to share it with all of you first! I’m calling this the “soft launch” and I’ll later have a press release to Fast Money, Entrepreneur Magazine and others for the “hard launch”.
I’ve always been obsessed with how the ultra-wealthy can have their own private charity foundations for causes important to them. Think the Bill & Melina Gates Foundation or the Chan Zuckerberg Initiative (Mark Zuckerberg’s Foundation). However, regular people don’t have the opportunity to create their own private foundation.
So I created Forever Donor (ForeverDonor.com). A completely different charity donation website where you can choose your favorite charity (or multiple charities) and donate as little as $20. What’s unique about Forever Donor is we generate interest from that $20 every quarter (the dividends) and donate that interest to your charity along with a letter in your name. We do this again, and again, and again, essentially forever. At any time, you can log into your account and switch which charities recieve the interest from your account or add addtional charities. You’re in control. We’re only donating the dividends so you can create a lasting legacy of giving in your name.
Plus what’s incredible is every three months when we donate in your name, you also receive an email reminding you the good you’re doing in the background of your everyday life. So a one-time donation now will still be donating in your name 20, 30, and more years from now. Constantly building and funding the causes you care about!
Please Help Me Out
This is my first startup ever and I’m so incredibly thrilled about what it can achieve for the world. However, it’s so brand new. I would LOVE if you tried it out! The money goes to charity and it creates a lifetime of good. Please visit ForeverDonor.com and tell me all about your experience. Please, please, please!
I’ll continue to track my progress of Forever Donor here on Wallet Squirrel. You’ll learn all about my wild entrepreneur ride as a new FinTech Start Up!
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!
Stopping by to check up on you my friend. Anything special planned for April 2019? 🙂
Hey DNN! You are awesome!
April is dedicated to building SEO for my latest start-up ForeverDonor.com and getting the word out. It’s really cool because I’ve already raised nearly $1,000!!! What about you, what’s new?
Keep me posted how things are going.
You have my email address if you wanna contact me anytime for support on your new venture. 🙂