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Passive Income Results - November (2008)

1 December, 2008 (21:46) | Passive Income | By: User ImageDusty

Like my friend over at Passive Family Income, I have decided to compile the amount of money I have made each month from passive income streams. While I agree with PFI, that writing articles and sponsored posts is not truly passive, my goal is to generate incremental revenue above and beyond what I make at my normal job. Each month, I plan on adding a new source of passive income, with the ultimate goal of having this income pay my mortgage. As you will see below, I am a long, long way away from that goal.

Passive Income Streams

Swagbucks : $30 - I use swagbucks as my search engine. Each time I make a search I have the chance to win swagbucks. Once I have earned enough, I trade them in for gift cards. Since Christmas is around the corner, I used 290 of my swagbucks to get two $15 iTune gift cards. This is such an easy way to earn some cool prizes. Please join via this referral link!

eHow: $31.90 - Wow! This passive income stream has really blown up for me. I have not spent a tremendous amount of time writing, or promoting, articles. Obviously, this needs to change. This site has tremendous upside potential.

Bukisa: $0.14 - I am not 100% sold on this site yet. Authors get paid per impression so if you are good at promotion and such, this may be a tremendous opportunity to generate passive income. I am not so good at that, so the 3 articles I have written have not received too much traffic.

CashCrate: $4.66 - I do not use this site that much. There are a few people who make mad cash each month with CashCrate. Pete, over at BibleMoneyMatters, put together a really nice post that explains how to use CashCrate. I wish I would have followed a few of those steps when signing up. Read his post here, but please join via my link.

Pepperjam Network: $0.00 - Yeah. I am terrible at affiliate marketing. I wish someone would teach me how to make one sale! That is all I need! Someone to show me (for free) how to make one lousy sale. Then I could get excited about it!

Amazon: $0.00 - See pepperjam above! All kidding aside, Amazon offers a tremendous assortment of goods. I do get hundreds of clicks, but no sales. Of course, I am really bad at internet promotion, so that explains my lack of sales. With that being said, check out Fireproof. IMO, all married couples should see this movie. It is extremely powerful. Even if you do not buy it from my link, buy it somewhere. It can change your perspective on married life.

Smorty: $0.00 - I did not log onto Smorty at all this month. I concentrated on writing articles here and on eHow. Perhaps next month I will accept a few posts. The payout is usually $6 via paypal and they have always paid me on time. I just do not use them like I could.

Total: $66.70

While this is not great it is a starting point. Like I mentioned above, each month I plan on adding a new stream of passive income. In time, this may grow to an amount worth talking about.

So what do you think? Know of any good (and free) sites where I can earn some passive income. As a side note, I will not do any of those paid-to-click ad sites. I hate them.

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Comments

Comment from Pete
Time: December 2, 2008, 12:08 am

Thanks for linking to my cash crate post. like most of these types of “passive income”, cash crate makes good money for some, not as much for others. It all depends on what you put in, and how you’re able to promote it. I ended up making almost $180 on cash crate last month Seems I’m doing better every month. good luck!
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Comment from pfincome
Time: December 2, 2008, 12:10 am

Thanks for the link. I like eHow a lot and signed up for Bukisa but have not thought of anything I want to write on there yet. In regards to Pepperjam, I have made around $50 total and have no suggestions other than being patient. Most of the income generated from them has been signing up other bloggers for Pepperjam accounts. Good to see you are making some money from Swagbucks. I always forgot to use them. I look forward to reading up on your new passive income stream each month.
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Comment from Pat with SPI
Time: December 2, 2008, 1:55 am

Hey Dusty,

Cool website, and congrats on your eHow earnings - that’s awesome! Keep up the good work, I’ll be coming back to see how you’re doing in the future.

-Pat (aka. TheWriteGuy on eHow)
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Comment from JT Locke
Time: December 3, 2008, 7:28 am

Thanks for the post on passive income. I’m trying ehow and also Squidoo. I’m in need of coaching for both of them. Just can’t seem to get the hang of it. I’m in the same boat as you are in regards to making one sale in my affiliate marketing. If someone could just show me how to make that connection, then I could take it and run with it.

I had never heard of some of the passive income sites that you listed. I’ll have to try them and I’ll be sure to link up to them through you.

I’m still trying to get someone to just give me a linkback to my articles.

I also agree about the entrecard and even with linkreferral. It only takes a short time to do the linkreferral but it’s also time that I could be using researching to do some quality writing.

Keep up the good work and I’m definitely going to add you to my blogroll!!!
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Comment from Dusty
Time: December 3, 2008, 10:20 am

@ Pete - Anytime man. Your site rocks and is a daily must read. I cannot get the hang of cashcrate though. It seems like I am doing something wrong, but I just do not want to have to sign up for so much crap.

@pfincome - eHow is great and I am starting to like Bukisa a bit. Thanks for stopping by my little blog. To those of you reading this comment, go check out his blog. Like Pete’s, it is really good reading.

@Pat - Man, your passive income is just plain awesome. Thanks for stopping by and hopefully I can learn a little from you in the future.

@JT - What a kind comment! Thank you so much. I agree! There has to be a way of exchanging backlinks that are relevant to each other’s blogs. I will go check yours out and see what I see.
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Comment from Online Dividends
Time: December 6, 2008, 5:49 am

Nice website. I like reading the monthly incomes of other bloggers.
Your ehow earnings look pretty good. Keep it up!
Btw have you tried using programs such as Adsense to monetize your site? Are you making anything off bidvertiser?

Best Wishes,

OD
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