My Passive Income Report [February 2013]
February came and went rather quickly, and March seems to be doing the same (this is the latest I’ve ever posted a previous month’s income report!).
I’m generally not a fan of February from a reporting standpoint – you only have 28 days, so to maintain your regular monthly results, you need to be a lot more productive.
Surprise, surprise…I was not very productive, thanks to my very busy work schedule during tax season. That didn’t get in the way of having a great month, fortunately.
I’ll share all the details below…
A Brief Overview of February
Even though I was so busy during February, there were a lot of good things that happened. For one, I had another solid earning month despite doing very little work. That’s the beauty of passive income, of course. There was also some really good news from InfoBarrel, which I’ll share below.
The major drawback of February was that tax season really kicked into high gear, and will remain that way through the middle of April. This is something that really kicks me every year, because as much as I’d love to be productive with my side projects, I can’t always get myself to do work after 12-14 hour day (including my commute time.)
The best part about February? Another record breaking month! Highly ironic, considering it’s the month in which I spent virtually no time on my online projects, along with the fact that it was 3 days shorter than last month (my previous record earning month).
February Income Report
Beginning in March, InfoBarrel is finally “back in business” for me. They finally released their system that allows you to earn money from AdSense without having an AdSense account. Effectively, you will get the revenue from 75-90% of the ad impressions on your articles (percentage varies based on your article contributions for the month).
Most of my articles aren’t ranking like they used to, and I haven’t written new ones in a long time, but I should still be able to earn a little bit of money each month now from here (a far cry from my original plan to make $2,000 per month with InfoBarrel). If you’ve been wanting to make money from articles and don’t have an AdSense account, now is the perfect time to sign up with InfoBarrel and start writing.
As for Squidoo, I’ve taken a break from writing new lenses until tax season is over, but I continue to earn here. Currently, I am up to 65 lenses (+6 from last month).
Here’s a summary of all my article-related income for February:
- Amazon: $18.58
- Revenue Sharing: $1.87
- Chitika: $0.17
Total Article Writing Income: $20.62
Lending Club, as usual, remains one of my favorite online passive income sources, mainly because (as I’ve said before) I believe it’s my only truly passive income source. If you are unfamiliar with Lending Club, however, you should read my new post that explains exactly how I make money with Lending Club (including my investment strategy) that went live last month.
February was an okay month, despite the fact that one of my loans went bad (which is why my return dipped slightly). It doesn’t bother me much, because I know it’ll bounce back within a few months.
I’m now invested in 159 loans (+4 from January) and my net annualized return is 5.40% (-0.40% from last month).
I’m happy with this return even if it is below Lending Club’s advertised average, because it’s a much higher rate than I’d earn in a bank account, CD, or other relatively safe investment. Keep in mind that there is some risk involved (I’ve had a few borrowers default on their loans), but with all of that considered, my rate is still 5-6%.
If you didn’t get a chance to read my post about how I use Lending Club, you can watch this quick video that explains how it works:
If you’re interested in trying Lending Club, you can sign up with this link and get a free account. If you’re unsure whether this type of investing is right for you, you can deposit a small amount (investments can be as small as $25) and become familiar with it. 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).
Once again, my mini-niche sites are no longer an area of focus, so I just let these sites sit and earn whatever they can. If they stop earning, I will let the domain(s) expire.
- Amazon: $7.57
- Media.net: $0.08
- Chitika: $0.00
- InfoLinks: $0.00
- Commission Junction: $0.00
- Total: $7.65
Authority Site #1 (Not Revealed)
This site is finally earning again now that it’s indexed in the search engine after my mistake last month. I haven’t added new content to it for a long time, however.
- Media.net: $7.73
Authority Site #2 (Slow Carb Diet Experiments)
This site is still a top priority for me, but along with my other “top priorities”, it has been pushed off to the side during tax season.
- Amazon: $1.28
- Media.net: $0.21
- Total: $1.49
Total Authority Site Earnings: $9.22
Here’s the breakdown for affiliate and other income earned during February. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
- Amazon: $0.00
- CashCrate: $588.13 (read my review here)
- ClickBank: $30.23
- Commission Junction: $1,046.00
- PayDotCom: $3.00
- Ebates: $15.00
- SEOMoz: $0.00 (read my write-up here)
- Market Samurai: $48.50
- TweetAdder: $0.00
- Aweber: $17,10
- Other misc.: $50.00
Total Misc. Affiliate Earnings for February: $1,797.96
Here’s a summary of February’s earnings, organized by project/challenge:
- Article Writing: $20.62
- Amazon & “AdSense” Niche Sites: $7.65
- Authority Websites: $9.22
- Misc. Affiliate Income: $1,797.96
Grand Total for February: $1,835.45 (+$107.73 from January)
Once again, I’ve broken my best month earning record, and I’m very happy about that. My quest to diversify, however, is still falling short.
Most of my income is concentrated in two places, and a big portion of that is driven by my page that is ranking on page 1 of Google for “make money online.” The ranking has been steady lately, but I know it won’t last forever given how competitive that search term is.
Popular Blog Posts
These were my top 5 most popular blog posts in February based on number of views:
How was the short month of February for you? Feel free to share in the comments. And until next month, best of luck to you and your passive income projects!
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