This is the third installment tracking of my alternative income streams plan and progress. I find myself enjoying these updates more than I do others. I think it’s because I seem to be making progress every couple of weeks. My net worth statement isn’t improving due to my actions since it’s largely geared toward the stock and real estate markets. With my investments in these alternative income streams the results are more predictable.
Since my blog is getting a little more traction, I’m starting to see small amounts of gains in that area. It’s barely enough to pay for my Vonage bill, but it’s something. I’ve been plowing more money into Prosper. Plowing might not be the correct word as I’ve been waiting for some loans to verified as much as 9 days now. As a reminder, I’m adjusting income downward for risk (in the case with Prosper) and taxes.
|Date||Alternative Income||Necessary Expenses||To Go|
As you see in the update, in a month I’m making some good progress. I should be able to reduce the necessary expenses a lot more next update or two. I can make a payment towards my HELOC, but I’m just waiting to be back from vacation and put my financial house in order.