Alternative Income

October Income – $1586.35

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Here is a breakdown of my income for October.

Online Income

$427.46

Interest

$74.80

Stock Dividends

$17.54

Bonuses

$260

Medical Study

$800

Survey/Cashback

$6.55

Total

$1586.35

My income for October was good considering it was all alternative and passive income. It was higher than my expenses – if you don’t include my car purchase – which is always a plus. I will be hard pressed to match this amount of income in November since I don’t have any study money or bonus money coming . It is possible that I will have some income from a j-o-b this month but it will probably not add much to my total income.

August Income – $688.22

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Here is a breakdown of my income for August.

Online Income

$324.55

Interest

$96.70

Bonuses

 $150

Stock Dividends

$7.97

Medical Study

$100

Survey

$9

Total

$688.22

Income for August was pretty good considering only $100 of it was from a medical study. Some of the figures might be slightly off since I don’t have access to all my records here in Guatemala. My interest was almost enough to pay my rent for September. My goal for September is to make more in alternative income than expenses this should be possible even without a job because my expenses are so low here. Check back next month and we’ll see how I did.

July Income – $3452.50

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Here is a breakdown of my income for July.

Online Income

$152.79

Interest

$81.62

Bonuses

 $100

Stock Dividends

$32.32

Mystery Shop

$4.54

Medical Study

$3075

Survey/Cash Back

$6.23

Total

$3452.50

July was a great month for income. This was mostly due to making a lot of money from the medical study. Without that money my income will be way down this month. Online income was not as bad as the total suggests since I paid for one year hosting and renewed my domain name for three years out of that total.  Everything else will probably remain about the same this month.  I need to come up with some ideas to increase my alternative income – and actually implement them.

June Income – $3221.68

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Here is a breakdown of my income for June.

Online Income

$232.83

Interest

$82.63

Survey/Bonuses

 $103.00

Stock Dividends

$62.32

Ebay/Craigslist

$65.77

Medical Study

$2425

Cash Back

$250.13

Total

$3221.68

This was a great month for income. Since I’ve started tracking my income this is the first time I’ve made over $3000 in a month. The bulk of that was the $2425 from the medical study but I also made a solid $796.68 from other sources. My online income was a measly $232.83. This might seem ok but I’m on pace to make less online this year than last. The main cause for that is a severe decline in credit card affiliate income this year. Combined with dropping adsense on this site I have a lot of income I need to replace. I am looking at different ways of making extra online income. My experiment for last month didn’t work but I’ll keep trying different things.

I received a $250 check from my credit card company for accumulated rewards. That was nice but since they changed the reward program it doesn’t look like I’ll be receiving a check that big again. It was also a good month for dividends due to how the quarterly payment schedule fell. This month’s income will likely be down since the medical study is ending and I need to pay some taxes out of this month’s check.

Alternative Income Activities This Month

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I have a goal of doing something every day this month to make extra money. We are just a third of the way through the month and I can see this goal is going to be difficult to meet. I want to come up with a different alternative income activity for every day and I’m already running out of ideas and falling behind. Here is what I’ve done so far this month.

  1. Launched a PPC campaign.
  2. Pinecone Survey.
  3. Law School Survey.
  4. Capital One Purchase Checks. Check out this FW thread to see how to make money with these credit card checks.
  5. Order dollar coins.  Here is a FW thread on making money ordering dollar coins.
  6. Moved money from non-interest bearing account to 5.01% APY reward checking account.
  7. Sold extra books to Half-Price books.
  8. Medical Study.
  9. Added new Adsense ads to Tight Fisted Miser and Bank Bonuses.com and tweaked placement of existing ads.
  10. Sold CD at Second Spin.

None of these items are very big money makers and in the case of the PPC campaign it might be a money loser.  I need to come up with some money making ideas that have more potential.  If you have any ideas you want to sure I’d love to hear them.