I know that this may sound weird, but I’ve always wanted to know how much money people earned on a monthly basis.
Don’t get the wrong idea, I know that it’s completely against the social norm, so I don’t go around asking everyone how much money they make, but I know that there are many people that are in the same boat as me! There are hundreds of people out there that want to know exactly how much money other people are making.
If you’re one of those people, I’m here to satisfy your curiosity!
I publish a report every single month. These reports go into detail about everything from important going ons in my life to updates on my projects…but most importantly, they break down my passive income earnings to the very last cent!
I break down EXACTLY how much passive income I earned during that month, and where that passive income came from.
So, what was December like in terms of this blog, online projects, and passive income?
Well…I guess that you’ll have to continue reading to find out!
Before we get to the earnings, let’s talk about what happened…
Published My 1000th InfoBarrel Article And Am Starting To Diversify With Squidoo
As you may know, from reading through my previous income reports, I make a few hundred dollars a month from the articles that I have published on InfoBarrel. Some of the articles that earn me money were published a few days ago, and some were published over 2 years ago…it’s the beauty of passive income!
My original goal with InfoBarrel was to publish 1000 articles, and I achieved that goal in December! I am definitely proud of myself, but think that it’s time to move on to a different writing platform.
I have heard tons of good things about Squidoo from other InfoBarrel members, and figured that I would give it a shot!
I published 16 lenses throughout the month of December, and plan on publishing many more throughout the next few months.
I figured that it was a good way to diversify my income streams and secure the amount of passive income that I am making. Right now, about 75% of my passive income is coming from my InfoBarrel articles…I want to bring that number down to about 25% by using other streams to increase the total amount of passive income that I’m earning!
Shifting My Adsense/Amazon Split
Previously, my InfoBarrel income was divided up in the following way:
- 80% from Google Adsense
- 20% from Amazon Affiliate
However, InfoBarrel released a new type of element that allows members to embed Amazon product widgets in their articles.
I spent a good chunk of December adding these Amazon product elements to my articles; this resulted in more Amazon sales and fewer Adsense clicks.
This shift lead to my InfoBarrel income being divided up in the following way:
- 51% from Google Adsense
- 49% from Amazon Affiliate
Basically, the overall InfoBarrel income stayed the same, but the split between Adsense and Amazon was even as opposed to being lob sided.
This is exactly what I wanted to happen. The last thing that I wanted was for 80% of my income to be from a single source!
Authority Site Update
I did virtually no work on my authority site during the month of December. My focus on writing InfoBarrel articles and Squidoo lenses on a daily basis, so I didn’t really publish any new posts on the authority site.
I recorded and edited two different videos for the site’s Youtube channel, but I’ll be releasing them within the first two weeks of January!
My original plan for the authority site was to release a big product once I had hit some pretty big milestones! However, a recent meeting with Quinn from Cubicle Free opened m eyes to many possibilities!
He suggested that I release a small product much sooner than the original plan had entailed!
With that being said, December was a month of epic failure with regards to adding value and content to the authority site, but January and February will be amazing because I will be adding much more content, and getting ready to release a product!
Passive Income Earnings For December Of 2012
I liked earning passive income in December because it truly showed me how passive it was. There were days that I went shopping for Christmas presents, and came home to see that I had earned money while walking through the mall.
Let’s see how much I earned throughout the holiday season…
- PPC Advertising
- Adsense: $167.76
- Chitika: $1.86
- TOTAL: $169.62
- Last Month: $250.42
- Difference: $80.80 (-)
- Affiliate Earnings
- Amazon: $157.10
- TOTAL: $157.10
- Last Month: $96.32
- Difference: $60.78 (+)
- Investment Income
- Mutual Fund Dividend (Re-Invested): $37.78
- Big Savings Account Interest: $12.94
- Small Savings Account Interest: $0.09
- TOTAL: $50.81
- Last Month: $21.09
- Difference: $29.72 (+)
- Miscellaneous Income
- Bubblews: $29.18
- TOTAL: $29.18
- Last Month: $22.86
- Difference: $6.32 (+)
- TOTAL PASSIVE INCOME EARNED IN DECEMBER 2012: $406.71
- Last Month: $390.69
- Difference: $16.02 (+)
I had originally set a mini-goal to earn over $400 in passive income through the month of December in 2012, and I am happy to say that I achieved that goal.
And I actually overachieved it by $6.71
What I Will Be Doing In January Of 2013
January will definitely be a busy month in terms of my personal life because I will have a few important things going on throughout the month; however, I still plan on accomplishing many things.
I plan on:
- Publishing one post per week for this blog
- Creating a minimum of 20 more Squidoo lenses
- Publishing at least 3 more posts on my authority site
- Starting to write an ebook that will be sold on Amazon
One thing that I have learned after publishing the results of my 2012 goals is to set goals that leave some room for error. I used to set goals that could only be achieved if everything went perfectly and according to plan; however, we all know that this rarely happens!
The goals that I have set for January are achievable, even if some small things don’t go perfectly!
December was a great month for me in terms of passive income…it yielded a slight increase over the previous month’s earnings. How do you think that I did in December? What could I have done differently?