Alternative Income Streams - April 2008 |
11 Comments |
I’m a little late with the report this month. My pseudo April Fools article about buying a tank had priority. I call it pseudo April Fools, because I honestly would like to own a tank someday. I have a pile of other frivolous purchases that I’d rather make first.
The second reason I’m a late posting this report is that I’ve taken a part time job. This blog, and it’s success, has directly led to a consulting gig. It’s 20 hours a week. I wish I could say that it’s alternative income, but it’s not. At least much of the work can be done whenever and wherever I want.
Since I’ve been busier with my conventional income, my focus on my alternative income waned. While I made $1837 last month, I found my alternative income drop to $1412. this month. I can attribute almost all of this to a drop in revenue from this website. I had been doing extremely well with various companies paying a premium to advertise on this site. Recently it seems that these companies have decided not to pay that premium.
I usually don’t link to blog about the business of blogging, but I’m going to break that rule. I’ve outgrown my current theme. I realize I can create a much better experience with a different theme - one that I’m creating almost completely from the ground up. It’s quite silly considering that my current theme is not very old. I would chalk it up to simply not applying all the knowledge I had acquired from years of web experience. I got Lazy in my testing. Some new opportunities have come along and this will allow me to take advantage of that. (I may be able to discuss these in the future, but the time isn’t right now.) Lastly, I expect to feature a professionally designed logo by a reader and frequent commenter.
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April 3rd, 2008 at 5:14 am
I think I would much prefer to own an island than a tank. I was really surprised at how attainable it is to purchase a modest sized island. It’s actually one of my real goals with no future date planned. One day I’ll own my island . . . and some cannons, if you own an island it must be armed with cannons.
April 3rd, 2008 at 11:02 am
I’d take a tank over an island any day. Especially Wednesdays, though.
April 3rd, 2008 at 11:11 am
Lazy Man,
I was wondering if you could post some details behind your alternative income numbers. If you break it down by source type ( adsense/online advertising, dividend, interest etc) we could be better able to advise you.
If not I hope that your overall income rise above $2000.
April 3rd, 2008 at 4:24 pm
Tank! When I was a kid I used to take large boxes and get inside them pretending I was in a tank as I rolled down the grass….ahh good times.
Congrats on the consulting gig!
April 3rd, 2008 at 9:01 pm
I like the idea of owning an island as well. In college I talked with some friends about this. The problem is that islands aren’t cheap. And once you get an island, you need to invest in roads, water distillation, electricity, etc. It’s a slippery slope.
Dividend Growth Investor, I don’t currently break out all parts of alternative income. I think I know what I need to do.
April 5th, 2008 at 1:55 am
Tank? an island? Wow … too much for me … I just would rather have a small vacation house near the ocean .. of course … i’d like it to have an internet connection so I can do all my blogging there .. LOL
April 5th, 2008 at 6:15 am
Although income drop a bit, still not that bad. Keep going.
April 5th, 2008 at 4:00 pm
Your alternative income still dwarfs mine, although you’ve been at it longer than I have. You’re doing great work here, and I always enjoy reading your articles. Good luck with the new PT gig.
April 7th, 2008 at 11:02 am
Congratulations on the PT consulting job, Lazy Man! Can you give us some idea of what type of consulting you’re doing? Is it PF-related, or blog-writing related? As for the income drop, it may be temporary: who knows where the consulting business will lead you?
April 7th, 2008 at 12:48 pm
Congrats on the job! Id like a tank but I can think of about 1000 other things Id like first
April 7th, 2008 at 1:16 pm
Finally Frugal: Good question, it’s 50% of each - personal finance and blog-writing related.