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:

The Daily Interview.

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.

I’ll explain…

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

  • None!

Other Article-Related Income:

Squidoo

  • Amazon: $0.00
  • Revenue Sharing: $2.10

InfoBarrel

  • Revenue Sharing: $7.16
  • Amazon: $0.00

Total Writing Income: $9.26

Lending Club

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

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.]

Total Misc. Affiliate Earnings for December: $253.64

Income Summary

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:

1) How to Save Lots of Time and Money: Hacking Your Everyday Necessities

2) 142+ Ways to Make Money Online

3) Is CashCrate Legit? Here’s My CashCrate Review

4) My Online Income Report [November 2013]

5) How to Make $2,000 Per Month Writing for InfoBarrel

How was your December?  What’s going to change in 2014 for you? Leave a comment below!

If you enjoyed this income report, subscribe to the RSS feed (if you haven’t already) so that you don’t miss any future updates. 

Also, I’m really active on Twitter now – follow me and let’s talk! Thanks!

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28 Responses to “My Online Income Report – December 2013”

  1. I’m looking forward to see how you monetize the interview website, been reading a lot of the interviews some great content and useful information.
    Alex recently posted… Blog Commenting to Build Backlinks

    [Reply]

    Eric G. Reply:

    Thanks Alex! I have some ideas for monetization, but right now I’m just focused on getting the site into its “rhythm” and working on improving traffic.

    [Reply]

  2. Hey Eric,

    Congrats on your Daily Interview Blog Launch. I enjoy checking out those interviews a lot.

    I have been following this blog since 2011 and truly admire your dedication and consistent blogging here.

    I hope you have a great 2014 and see your Online income growing.

    It would be very encouraging to see follow-through your plans and keep you accountable to have laser-beam focus.

    Keep up your great work! Will cheer along. :)
    Kent Chow recently posted… 3 Lessons I learned from my $11,000 Amazon Associates Income in the First Year

    [Reply]

    Eric G. Reply:

    Thanks Ken, I really appreciate your support over the years. I’m going to do my best to stay focused this time and really see this project through.

    [Reply]

  3. Hi there Eric,
    Do you have a review on Media.net? That would interesting to read…
    Thanks!

    [Reply]

    Eric G. Reply:

    Hi Petya – I do actually, though it’s a bit outdated:

    http://www.my4hrworkweek.com/top-google-adsense-alternatives-media-net-review/

    I wrote it back in 2012 – most of it should still apply today. I don’t use Media.net on many site, which is why I only earn a few dollars from it each month. I have met the payout threshold before, however, and they DID pay out. So I can at least confirm that much.

    [Reply]

  4. If you ever happen to get back into writing, you may want to investigate Hubpages once more. After re-reading the Infobarrel post, the Alexa rank for Infobarrel has gone the opposite direction, going back up to a rank of 14,000. Hubpages is at 530 (better than Squidoo).

    People can email for a referral link if they desire: http://www.hubpages.com

    Best of luck with the interview site though. Looks great!
    James McCullough recently posted… Verse

    [Reply]

    Eric G. Reply:

    Good to know, thanks James. I may revisit Hubpages one day, however without an Adsense account, I’m not sure I could earn much there (unless they allow for revenue-sharing in the way that InfoBarrel does).

    [Reply]

  5. It’s nice to see what other people are earning online. Going to keep checking your blog so I can compare my results! =) As I’ve only just started out, $291.07 would be amazing for me haha.

    Hope 2014 is an awesome year for your online businesses!

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Steven. Things will get better for you before you know it, just keep working hard!

    [Reply]

  6. Truly, this income report for December is nothing to show off for in terms of earnings. However, it is inspiring to know that there is a better prospect in the future. Its all about commitment.

    If The Daily Interview project is not provided with the right commitment, it may share similar fate with these poor monthly earnings affected by “complacency”.

    I found this post in kingged.com – the content syndication and social bookmarking website for Internet marketers, and I have left the above comment.

    Sunday – kingged.com contributor

    http://kingged.com/my-online-income-report-december-2013/
    Sunday recently posted… WordPress CMS Jazz Rythm

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Sunday. The new project has my full focus and commitment – I’m very determined to not let it fail.

    More importantly, however, is that my focus is on making The Daily Interview a high quality site with a strong audience.

    I’m not focusing on monetization yet. Therefore, it may be awhile before the earnings show, and I’m perfectly OK with this. I have a much longer-term view here.

    [Reply]

  7. Your new site looks amazing and it’s amazing you are still making passive income from this blog when you aren’t very active on the site.
    Dionne recently posted… Blogging isn’t for the faint of Heart

    [Reply]

    Eric G. Reply:

    Thanks Dionne, I appreciate the feedback!

    [Reply]

  8. Thanks for sharing such details Eric. Yes! even the big earners will tell you it’s often up and down. Whatever the movement, just keep pushing on ;)
    Enstine Muki recently posted… Business letter that keeps Advertiser panting for my blog!

    [Reply]

    Eric G. Reply:

    Thanks Enstine!

    [Reply]

  9. Hey Eric, congratulations on launching your new authority site! I will be reading your interviews with great interest because I really enjoy hearing about other people’s business stories.

    I would agree with others that this is going to be a huge endeavor for you but looks like you’ve found a subject you’re really passionate about which will help keep you motivated to make it better and better.

    I also like that you’re having interviews with the smaller guys because I think I can connect better with people who are not the ‘superstars’ of internet marketing. These relatively unknown players usually have very useful tidbits of information that the more well-known guys gloss over. Here’s to a successful 2014!
    Harlan Yee recently posted… My December 2013 Income Report

    [Reply]

    Eric G. Reply:

    Thanks Harlan – I’m glad to have you along for the ride as a reader of the new site.

    Don’t be surprised if I eventually reach out to you for an interview. :)

    [Reply]

  10. It’s remarkable that you publish even the dismal earnings. Many people will not.

    But it’s good that he does; it will at least show newbies that there are moments like these when earnings can be low.

    I found this shared at Kingged.com, by the way.
    Kingsley recently posted… Is This The End Of Guest Blogging?

    [Reply]

    Eric G. Reply:

    Thanks for the comment, Kingsley. Fortunately, I don’t write income reports just to brag (because I clearly don’t have much to brag about right now).

    I think the transparency is important, especially when things aren’t going as well. I’m confident that things will get better, and when they do, I like that people will be able to look back to months like this and see that there were times when the earnings were poor.

    [Reply]

    Kingsley Reply:

    Thanks for responding, Eric.

    Yes, transparency is important, even if not to others, to YOU. And that makes all the difference in the world!

    You have no idea how much this will inspire others, especially as you rightly mentioned – when the earnings eventually increase and they can come back to see when they were this low, :)
    Kingsley recently posted… How 18yr Old Girl Makes Millions Online Just Posting Her Shopping Videos on YouTube

    [Reply]

  11. “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).”

    I used to think this too, until I researched it more and found that:

    1) In general, you need to be patient in the stock market. Not pull your money out if it’s crashing. If someone had kept a cool head during the 2008 crash (or even during the Great Depression) they’d have seen all their investments bounce right back in 5-7 years.

    2) Investing in individual companies can be a risky game (depends on the company and sector) but investing in mutual funds is a way to mitigate that – basically, your investment is distributed through a dozen or more companies so that if any one is doing badly, it won’t affect the whole as much.

    A user-friendly place to get started is Motif Investing. Some of my motifs are up 0.5% and others are up 22% and right now I’m averaging around 7 or 8%. Some have risen over 100%, gotta find one of those in its early days!
    Shayna – Adventurous Soul recently posted… Why our days in Salvador may be numbered

    [Reply]

    Eric G. Reply:

    I agree that the stock market is a much longer term game, and that mutual funds (or perhaps even better – index funds) are a good way to diversify. I think these are all things that should be a part of your retirement investing strategy for sure.

    For me, Lending Club is more of a short-term (3 years) investing strategy, and I like it as a way to further diversify my overall portfolio.

    [Reply]

  12. What is the best way to make leads for referrasls for cashcrate.com. Please help out, I’m not been able to work because of an injury. And I have been struggling with cashcrate for years. I would appreciate the help (Eric G) thanks!

    [Reply]

    Eric G. Reply:

    Hey Edgar – you’re right that it’s not easy. Honestly, the best way to get referrals is to start a blog (about something you enjoy, not a blog solely about Cash Crate) and once you build up readers, you can start promoting it to them. Don’t be pushy, but you can write about the ways you’ve made money with it, and naturally people will sign up through your link.

    This isn’t a “get rich overnight” thing. I’ve promoted Cash Crate for a long time, and I have a ton of referrals, yet it still only amounts to $80-$100 per month. Stick with it and be patient, but at the same time, explore other areas of making money online. Cash Crate on its own will never be enough.

    [Reply]

  13. This is good..I thin you trying your best…effort.:-)

    [Reply]

    Eric G. Reply:

    Thanks! :)

    [Reply]

  14. Thanks for responding, Eric.

    [Reply]

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