online income

April Income- $490.30

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Here is a breakdown of my income for March.

Online Income

$379.81

Interest

$57.34

Survey

 $3

Stock Dividends

$42.87

Ebay

$7.28

Total

$490.30

My income was decent for the month considering it was all alternative income. My income should go up slightly or a lot this month as I have at least some medical study income coming and possibly a large amount of medical study income coming. If I do end up hiking my income will probably go down a little while I’m hiking but I plan to concentrate on bringing it back up when I finish the hike.

My Online Empire

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When I post my monthly income usually about $300-$400 of it is online income.  This isn’t much but apparently many people see it as somewhat of an achievement because I get lots of questions asking how I do it. I usually reply I make money from Adsense, text links, direct ads, and affiliate sales.  I’m sure many people would like a more detailed answer so I am going to give details on all my online sites.

BankBonuses.info– This is my oldest site. I started it in December 2005 on Blogger.  I made my first Adsense payment in the summer of 2006 but it wasn’t until last year that it really started making money.  This site used to bring in the large majority of my earnings.  It still makes up the majority of my earnings but my other sites combined make almost as much money as this blog.

BankBonuses.com– This is a static site. It doesn’t make a lot of money but considering I only update it about once a month my return per hour is very high.

TightFistedMiser.com– This is my second highest earning site. I resisted putting ads on here for a long time. Unlike Bank Bonuses, my primary purpose here isn’t to make money. Since I’ve added them though my readership has gone way up so maybe I should have placed ads here earlier.

CreditCardBonuses.info- This site doesn’t make much money. It might break even. I started this as a blog but I think I’ll convert it to a static site. I haven’t updated it in a while and writing more than two blogs takes up more time than I want to spend. I had a couple more credit card sites planned but credit card sign-ups are way down this year so I’m putting those plans on hold.

FrugalBlogNetwork.com- This site doesn’t make any money but that is not its purpose.  It has made me money indirectly since it brings more readers here.  I haven’t done as much with it as I should.

Those are all the active sites I have right now.  I have some more planned but those will not debut until after I have finished my hike.  I also make a little money online from places other than my web sites such as eHow.  That isn’t a significant source of income now though.

Read Christian PF’s detailed post on how to make money with a blog for much more information.

February Income- $721.47

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Here is a breakdown of my income for February.

Online Income

$367.68

Interest

$25.04

Bank/Other Bonuses

$87.60

Survey/Half

 $2.39

Stock Dividends

$4.11

Cash Back/Mystery Shop

$4.65

Medical Study

$230

Total

$721.47

My income for February was down slightly from the month before.  I had a big dropoff in online income but much of that was from increased expenses since I renewed a couple of domain names for three years.  My online income for this month will probably be about the same.

Only one of my stocks had a dividend payable in February.  My dividend income will go up this month since I have several stocks that will be paying dividends.

I won’t have any medical study income this month which will probably result in a lower income total this month.  Hopefully, I can replace at least some of that income.  Overall, I am pleased with this amount of income since it is all alternative income.  Now if I could make this much in passive income every month I would be really pleased.

2008 Online Income Total $4644.28

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I just added up my online income for 2008 and came up with a total of $4644.28.  I need to double check and make sure I added everything up correctly but this figure is at least close to correct. This is my profit after expenses but before accounting for taxes.  Last year my online income didn’t even break a grand at a total of $883.84.  If I could increase my income at the same rate this year I would be doing very well.  That isn’t likely to happen but it would be nice.  I’m setting a more realistic goal of just making at least $1 more this year.

I need to come up with some ideas on how I can increase my income this year.  Last year I hired David at My Two Dollars to optimize my website for Adsense and that paid off handsomely.  Now I just need to figure out what else I can improve and how to do it.  Or pay someone else to do it for me.

September Income- $887.81

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Here is a breakdown of my income for September.

Online Income $657.02
Bonuses $210
Interest $11.25
Surveys/Ebay/Cashback $9.54
Total $887.81

My income was decent considering I didn’t have any job related income. I won’t likely be able to repeat the amount of online income this month though. My income was higher than my expenses for September but it still needs to be higher for me to continue not having a job.