Income Report - January, 2019

This post is late.

I’m so, so sorry.

Let me share some updates that’ll help explain where my entrepreneur mind has been.

First, the January, 2019 Income Report

Every month I share these income reports to show how a few passive income streams I started, continue to generate money. This is awesome and I love them. I currently have 11 income streams that generated money in the month of January. Some of them are a lot, some just a few cents but they all add up and required ZERO work from me in the month of January.

Here is the break down with links to articles where I show how I started each of these. It’s really not hard and all incredibly worth it!

Sources of Income This Month – $268.49

$100 – Bluehost Affiliate Income
$47.53 – Cashback Credit Card
$38.84 – Dividends
$25 – Ebates
$13.02 – Stock Photography
$13.15 – Interest Checking/Savings Account
$9.93 – Epic Niche Site Affiliate Marketing
$8.78 – Wallet Squirrel AdSense
$4.52 – Seeking Alpha Articles
$4.24 – Robinhood App Affiliate Program
$3.48 – Lending Club

Where This Money Goes

Most of the money every month gets reinvested into my stock portfolio which is made up of dividend stocks that continue to make more money every month. I’m slowly growing that snowball.

The rest of the money every month pays for upkeep such as hosting costs, software subscriptions and such. A tiny bit has been used to help fund my latest startup.

My New Start Up

My original goal was to have my startup ready to go on January 20th. That was the goal. It didn’t happen.

See what I’m building is a financial technology company that’ll change the world. Big goals right. It’s really a simple concept I’ll get into later but it’s a big undertaking.

On my end, everything is about ready. I have the website designed and back end processes in place, however, there were two parts that are out of my control.

First I needed a bank that aligned with the business and not me personally, so I had to open a business checking account which was a HUGE hassle. My bank didn’t understand what I was building, so that took a lot of time explaining. However, once they understood, they loved the idea.

Then I also needed a brokerage account that was tied to the business and not me. This has taken the longest. The brokerage I went with first needed a lot more forms than I had, then they lost all my paperwork. Later the person helping me fill out the forms didn’t know much about a business brokerage account so we filled out the paperwork wrong and later had to resubmit. UGH. That’s where I’m at now, waiting for my brokerage to open my account. Then I’ll be ready!

That’s the short version, this is where my time has been focused but I can’t wait to share with you all when this is done. I love this new project and really believe it’ll change the world. Stay tuned!

Wallet Squirrel

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!