Here is a breakdown of my income for January.
|
Online Income |
$736.62 |
| Interest |
$7.42 |
|
Cash Back |
$27.26 |
| Amazon FBA | $83.26 |
| Dividends | $4.99 |
| Jobs | $1255.16 |
| Bonuses | $105 |
|
Total |
$2219.71 |
January was a pretty good month for income. Starting my seasonal tax job always results in a nice bump in income. I only had one payday in January so February should be even better. My online income was surprisingly high. That was a result of hitting the minimum for payout on both Adsense and an affiliate account and also a slight increase in ad revenue. In January I finally kept complete records of my Amazon FBA sales and expenses so I am able to provide an accurate income number for the month. This was my best FBA month, but it still didn’t add up to much. For now, I will continue to dabble with FBA. The return I get from the time I put into it is less than what I would get from my job. I mostly enjoy doing it though so I’ll continue with it whenever I find good deals. I just won’t put any special effort into finding the deals. I also made $105 in bonuses and I should make more money from referral and bank bonuses this month.
This will be the last month I have any dividend income to report for a while. I sold my last dividend paying stocks at the beginning of the month. That money is now invested in an index fund in my IRA. Unless, I buy more dividend stocks -which I don’t plan to do- I won’t have any more dividend income to report.
My cashback income went down a little since the Christmas rush ended. Considering it is completely passive income at this point, whatever I make from it is good. If you haven’t joined Mr. Rebates yet you can get a $5 bonus for signing up through my referral link and I’ll make a little money for referring you as well.
February should be at least a little bit better. My job income will definitely be up. My other sources of income will likely be down a little. I’m sure it will be a good income month.
I enjoy using Amazon FBA as well. I usually make the most around the holidays and then things slow down after that. Because of this, I don’t spend a ton of time trying to find deals. With that said, I am challenging myself to bring in an additional $250/month in extra income from selling random stuff online. So far, things are good. I was going to make FBA my primary source, but have found I am making more money using Craigslist, ebay and Half at the moment.
That is good to hear. When I have time I’m going to put some things on ebay that I can’t sell on Amazon. I’ve also got quite a bit of stuff to sell that isn’t worth trying to sell on Amazon that I want to try to sell on Craigslist.