Mytime and expenses4/9/2023 Please visit our Getting Started page, which we keep up to date with advice for getting started with earning money online. I have not contributed much to InfoBarrel since I'm focusing on larger projects with a higher potential ROI, however I am seeing trickles of income from the 3 articles I have on there.Įditor's Note: The content regarding eHow and Infobarrel is no longer relevant. This is why I recommend trying InfoBarrel instead for article revenue sharing. This is probably the most passive form of income I generate, however unfortunately I cannot invest any more time with eHow because the Writer's Compensation Program is closed. I haven't spent an ounce of energy on eHow since December of 2008, and it still generates between $200-400 a month. Yes, that's a total of 2 hours for the entire month, which was primarily spent answering customer emails. Note that these figures do not include taxes, which I pay quarterly.Įvery month's monetary expenses are different, and actually looking at the numbers this is a relatively large amount, since I had some extra payments for research and writing in April which I usually don't have.Īre you interested in learning more about how to make mo ney with affiliate marketing? Check out SPI's Epic Guide to Affiliate Marketing, which will walk you through how to create a strong affiliate marketing program.Īpril Time Expenses : 2 hours. ![]() ![]() Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals. Please understand that I have experience with all of these companies, and I recommend them because they are helpful and useful, not because of the small commissions I make if you decide to buy something. This commission comes at no additional cost to you. įor the purposes of this expense report, annual fees and costs are prorated (for example, if a service costs $120 a year, I will input $10.00)įull Disclosure: Some of the items in the list below are affiliate links, which means that if you choose to make a purchase through that link, I will earn a commission. I have a lot more expenses now that I have several businesses running, multiple hosting packages, a virtual assistant/programmer, etc., but don't think that all of the things I list below are absolutely necessary to begin your online ventures.Īll I started out with was a domain and hosting package from Bluehost, a free theme and some knowledge and time to create content. Secondly, when I first started doing business online, my monetary expenses were virtually nothing. ![]() If you're making 40k a month, but you work 20 hours a day 7 days a week-then that's not very good (well, that's subjective, but you get the point). Both are important “expenses” to realize in ones business, especially online. I actually save most of what is left over.īefore I get into the numbers, I'd like to mention two things:įirst, I'd like to break my expense report into two categories: money invested and time invested. I don't spend just to spend though-these are expenses that I incur as I continue to expand, grow and experiment with new passive income streams online. Although I did gross $41.634.24 in April, it obviously came with some expenses, which I'd like to share with you today.Īs my business grows, so does the amount of money I invest each month. ![]() On Monday, I published my highest grossing monthly income report ever.
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