My Online Income Report – December 2013
2013 is in the books!
What a roller coaster of a year in terms of earnings (over $2,000 in my best month, and close to $200 in my worst).
I’m late yet again with my income report thanks to my focus on the launch of my new site:
Better late than never, right?
December wasn’t a great month earnings-wise, but it doesn’t matter – the earning sources of my past will be nothing compared to that of the future.
Looking Forward to the Future
I’m really happy to turn the page into 2014, and even though I haven’t exactly set a new year’s resolution, I’m excited to tackle my goals head on in the new year.
For most of 2013, I was feeling lost. At my peak in March, I was earning over $2,000 in a month, but then it all came crashing down. I guess it didn’t shock me because I saw it coming, but I should’ve tried harder to prevent such a large drop. I got complacent, and it killed me.
With the launch of The Daily Interview, I’m no longer lost. I’ve found exactly what it is I’ve been searching for: a project that I’m genuinely passionate about.
The Daily Interview isn’t the first interview site out there – not by a long shot. But there aren’t many blogs that publish daily interviews in a written format (there are podcasts, however).
I’m also excited to feature some lesser-known internet entrepreneurs who you probably haven’t read much about. These people still have great stories and great lessons to teach.
Although this project will likely force me to work harder than I’ve ever worked in my online business, I know it will all pay off before too long. I can’t wait to look back at income reports like this one and say, “remember what everything looked like when I didn’t have a focus?”
Anyway, let’s get right into the meat of December’s income report.
No time for writing now – everything here is passively earned from articles I wrote over a year ago.
Freelance Writing Income
Other Article-Related Income:
- Amazon: $0.00
- Revenue Sharing: $2.10
- Revenue Sharing: $7.16
- Amazon: $0.00
Total Writing Income: $9.26
As I mention each month, Lending Club is one of my favorite online passive income sources, because I believe it’s my only truly passive income source. What I mean by this is, once you select your investments (which only takes a few minutes), you sit back and collect the monthly payments which include a repayment of your initial investment + a relatively high rate of interest.
I’ve said it before, but I’ll say it again: Although I suspect the stock market is a better investment long term, it’s a lot riskier (which is why you’re compensated with higher expected returns). Investment in Lending Club loans, when combined with a good strategy, can net you a great return (the average investor sees returns of 7%+) without the same level of risk.
Another great month here! Rounding out several consecutive increasing months, my net annualized return climbed to 5.73% (+.15% from November), and I increased the number of loans I invest in, to 193 (+3 from November).
If you’re interested in trying Lending Club, you can sign up with this link and get a free account. I am an affiliate for Lending Club, so if you have any questions about it, I’d be more than happy to answer them in the comments (or feel free to contact me by e-mail).
If you’re unsure whether this type of investing is right for you, you can start with $25 and build from there. To really make money, you’ll need (and want) to make several $25 investments over time as I have.
Prosper.com is another site where I invest, which is a social lending platform very similar to Lending Club.
The 4 loans that I originally invested in when I opened my Prosper account are still doing quite well. As of right now, my rate of return is 14.61% (+0.48% from November). Because I still only have 4 investments, this rate should eventually level off (it’s SO high and I don’t think it can go much higher).
It may seem that I’m doing much better here compared to Lending Club, but that’s somewhat misleading. Because I only invest in 4 loans (vs. 193 at Lending Club), and none of them have defaulted, my rate of return % is going to be very high.
I think I still prefer Lending Club to Prosper, only because you have more flexibility in choosing investments, and there is more transparency overall. I don’t think there’s anything wrong with investing on both platforms though; I will continue to do so. If you’re interested, you can create a Prosper account here.
Nothing new here. Passive earnings from old sites. For sites where I no longer earn, I typically let the domains expire. December happened to be a better than average month for me here because Amazon sales are always higher during the holiday season.
Here’s a summary of my niche site earnings:
- Amazon: $21.36
- Media.net: $0.00
- Chitika: $0.00
- InfoLinks: $0.00
- Commission Junction: $0.00
- Total: $21.36
Starting next month, The Daily Interview will be listed in this category.
Authority Site #1 (Not Revealed)
This site is inactive, but continues to earn a bit of money.
- Media.net: $1.45
- Indeed.com: $4.98
- Total: $6.43
Authority Site #2 (Slow Carb Diet Experiments)
Traffic here has grown substantially (up to 75-100 visits per day) even though I haven’t added a new post in several months. It’s funny how that works sometimes. Of course, this hasn’t translated to earnings.
- Amazon: $0.38
- Media.net: $0.00
- Total: $0.38
Total Authority Site Earnings: $6.81
Here’s the breakdown for affiliate and other income earned during December. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
- CashCrate: $94.09 (read my review here)
- ClickBank: $50.15 (primarily from Long Tail Pro)
- Commission Junction: $50.00
- Ebates: $45.00
- Aweber: $14.40
Total Misc. Affiliate Earnings for December: $253.64
Here’s a summary of December’s earnings, organized by category:
- Freelance Writing: $9.26
- Niche Sites: $21.36
- Authority Sites: $6.81
- Misc. Affiliate Income: $253.64
Grand Total for December: $291.07 (-$73.33 from November)
Not a great month, but also not my worst month in 2013 either. A big chunk of the drop has to do with the fact that I didn’t have any winnings in December from the daily fantasy sports sites (as the football regular season ended).
I expect things to be looking up in 2014!
These were my top 5 most popular blog posts in December based on number of views:
How was your December? What’s going to change in 2014 for you? Leave a comment below!
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