Alternative Income Streams - October 2007 (One Year Recap)

16
Comments

It’s been a full year since I started tracking my alternative income. I look back on that post and remember how excited I was that I had made $17 that month. I was amazed that I had set up something that would essentially pay my phone bill. I closed out that first post with the words, “…this is going to be quite the journey.”

I had set a goal to reach the $350/mo. mark in alternative income in a year. My stretch goal was around $500 and I couldn’t fathom any more than that. I hadn’t counted on exactly how profitable advertisements on this blog would be. I thought that this blog would help me learn to expand my alternative income, but it actually became my biggest source by far. This month I finished with $1,165.28 in alternative income.

As part of this yearly update, I re-examined my necessary expenses. I have made good strides in this area in the last few months. I’ve paid off a great portion of my HELOC. My car expenses have gone down drastically as my job moved to a new office, less than 3 miles away from my home. My housing cost has gone down as I’ve been able to break even renting out my old condo in Boston. In the end, I need to make about $1450 a month to cover my expenses, leaving my alternative income around $283 short.

This post deals with: ... and focuses on:

Alternative Income

Posted by Lazy Man on October 1, 2007

16 Responses to “Alternative Income Streams - October 2007 (One Year Recap)”

Pages: [2] 1 » Show All

  1. 16
    Patrick Says:

    Congrats on your progress, Lazy Man. It’s good to see your success!

  2. 15
    Harrison Says:

    Cool.. I hope I can make $1000+ too from my blog. Yeah you deserve the money as you did so much of hard work and provide so much of content for us.

  3. 14
    Food For Thought - Articles From My Blogroll Says:

    [...] Lazy Man talks passive income. [...]

  4. 13
    corrin Says:

    Great job…I just posted my alternative earnings for the month on my blog and came in at $1550. My goal for October is $2000.

    http://brokeasaspoke.com/?p=484

  5. 12
    {Rodeo} The Savings Keep On Coming Says:

    [...] anniversary! Lazy Man celebrates one year of tracking his alternative income streams. He’s currently 63% of the way to his goal. {via: Lazy Man and [...]

  6. 11
    Mike Says:

    Lazy Man,

    Congrats! One of the things that I really like about your approach is that it focuses on an income goal over a net worth or asset goal. While a net worth goal can be useful too, an income goal always struck me as more focused on what you’re trying to achieve.

Pages: [2] 1 » Show All

Leave a Reply

Previous: Weekend Round-up: Red Sox Clinch Edition
Next: Two Money Stories: Sears Shoes and a Windfall
 
Friends of Lazy Man and Money
Manage Corporate Blog | Who Invented Baseball | Parenting Tips | No. Calories Needed | Blogging Away Fat | Grill Maestro | Weight Ladder | Best digital camera recommendations | Zecco promotion code | Square Foot Gardening | Fit Bloggers.

Lazy Man Financial Directory [About This Directory]
Financial Tools Quick Loans Credit/Debt Insurance/Mortgage Legal Services Miscellaneous Uncategorized
Retirement Planner
Mutual Fund Analysis
Think Cash Loans
Secured Loans
Cheapest Loans
Cash Advance
Payday Loan
Credit Card Debt
Bankruptcy
Loan Bad credit
Fleet Van Insurance
Bridging Loans
Accident Compensation Google Finance - FHA Mortgage Refinance - 100% Mortgages - Wikipedia Finance - Payday Loans - Currency Trading Software - Payday Loans - Senate Finance - Fair Credit Credit Cards - Profit on the Crash -
Featured Information