Comments on: Alternative Income Streams – January 2008

By: Living Off Dividends

Living Off Dividends — Sat, 12 Jan 2008 10:08:55 +0000

wow, so now you’re pulling ahead on the monthly income!

motivates me to boost my income too. but it’ll have to wait until next month when I done (hopefully) with my b school applications.

By: 2million

2million — Thu, 10 Jan 2008 00:28:54 +0000

You are the man! I am still amazed at how much growth you have seen from your blog income.

By: Patrick

Patrick — Sun, 06 Jan 2008 02:14:42 +0000

Nice goal, Lazy Man! I’ll be happy to punch in w/ 10k for the year (my stretch goal). But I am only counting income from my side business, not from interest, dividends, or other. I have quite a few bank accounts, and to be honest, I’m too lazy to calculate the interest every month.

The investment property is one thing I would love to add one day, but now is not the right time (We may move to another location in a few years).

By: MoneyNing

MoneyNing — Sat, 05 Jan 2008 04:26:28 +0000

Wow that’s a very good achievement. I will also need to work harder to make more money on my blog :)

By: Jason

Jason — Thu, 03 Jan 2008 23:26:03 +0000

That’s a wonderful alternative income stream. I’m a newcomer to the PF blog scene, but I’ve monetized a few niche sites that earn some grocery money.

By: GI Jane

GI Jane — Thu, 03 Jan 2008 06:24:18 +0000

Lazy man,
Love the name. Your blog is very inspirational. I hope one day, my blog: gijanefinances.blogspot.com (shameless plug), will generate some income. I read the tips that you link from free money finance.

Good luck, hopefully your income will double in 2008!

GI Jane

By: Eric

Eric — Thu, 03 Jan 2008 03:53:33 +0000

Great goal man. I wish you luck. Alternative income is the way to go….

By: calgirlfinance

calgirlfinance — Thu, 03 Jan 2008 00:53:00 +0000

LazyMan,

That’s a great goal! I wish you much luck in achieving it. You have been a great role model for me, now if only I could implement all the ideas I get from you into my blog!

By: Joseph Sangl

Joseph Sangl — Wed, 02 Jan 2008 22:48:49 +0000

WAY TO GO!!! I read your blog every single day because I LEARN here.

Thanks for what you do. I’m glad you earn money while I learn.

I will go find an advertiser to visit now. Don’t spend the referral fee all in one place! :)

By: SavingDiva

SavingDiva — Wed, 02 Jan 2008 21:28:39 +0000

$50k after taxes is huge! Good luck!

In December, your income was about what mine is…and I work at a full time job! :)

By: SingleGuyMoney

SingleGuyMoney — Wed, 02 Jan 2008 19:34:52 +0000

That’s a pretty nice income stream. Good luck on increasing it.

By: Lazy Man

Lazy Man — Wed, 02 Jan 2008 18:16:09 +0000

Yes, I wanted to focus on what it would really buy me.

By: Early Retirement Extreme

Early Retirement Extreme — Wed, 02 Jan 2008 17:38:32 +0000

So the alternative income you currently list in the top-right is after-tax? Awesome!

By: Lazy Man

Lazy Man — Wed, 02 Jan 2008 16:51:06 +0000

I currently choose not to break my alternative income into various parts. I will say that it includes some interest and dividend income. This is a very small component. I also have an investment property, but it currently is break even, thus it doesn’t add much.

Advertisers approach me. Perhaps I should approach them. I think of it like NBC and BMW. I don’t imagine that NBC goes out to every car manufacturer (including BMW) to ask for advertising money. I believe every car manufacturer does research into television advertising and then finds that NBC fits their objectives.

By: Two Nickels

Two Nickels — Wed, 02 Jan 2008 16:25:58 +0000

How much of your income, specifically, is generated from each item? Also, do you approach advertisers, do they approach you, or both?

By: Lazy Man

Lazy Man — Wed, 02 Jan 2008 15:30:09 +0000

Excellent points Bubba. Those are some of the reasons why I said it’s a huge “IF.” Very little of my advertising comes from holiday spending. A good portion of it comes from overseas which may insulate me from some of the domestic problems.

Lastly, I now have 8 more hours a day to focus on building income.

By: bubba

bubba — Wed, 02 Jan 2008 13:27:40 +0000

I wouldn’t exactly anticipate that advertisers will continue to funnel money into advertising with the slumping economy. We are seeing growth slow and will continue to see that in the coming months as pain from loan defaults, holiday spending, etc continue to come to light.