My Online Income Report – July 2014

July was an interesting month, where I evaluated my priorities and decided to essentially take an official break from some of the internet marketing and blogging activities I had been doing.

Sometimes, you just need to hit the refresh button.

That’s been the story of my life for the past couple months as I’ve embarked on all sorts of new things (new home, promotion/new role at work, wedding planning).

With that said, this income report is going to feel a bit empty, because it represents all the things I used to be involved with but am currently taking a break from.  The nice part is, it really shows the power of passive income.  The fact that I can spend practically no time on any of these projects during the month, yet still earn a meaningful amount of money.

Let’s jump right into the income report.

Freelance Writing Income

  • None!

Other Article-Related Income:


  • Amazon: $1.26
  • Revenue Sharing: $0.00


  • Revenue Sharing: $3.10
  • Amazon: $0.00

Total Writing Income: $4.36

Lending Club

Lending Club, as I’ve written about many times, is one of my favorite online passive income sources, because I believe it’s my only source of truly passive income. 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.

Now that I’m done saving for a house and wedding, I’m going to start getting back into investing some serious money into Lending Club and other similar passive investments online.  I’ll be writing more about these in the future, because I believe they can be a strong foundation for any passive income portfolio.

If you’re interested – here’s the strategy I have used to select my investments. It’s pretty simple, as you’ll find.

Here are the statistics for this past month:

  • Annualized rate of return: 5.99% (+.07% from the previous month)
  • Number of loans: 207 (+3 from previous month)

If you’re interested in trying Lending Club, you can sign up with this link and get a free account. Investments can be made for as little as $25. 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).

Prosper is another site where I invest, which is a social lending platform very similar to Lending Club.

Here are the statistics for this past month:

  • Annualized rate of return: 14.77% (+0.04% from the previous month)
  • Number of loans: 5 (no change from the previous month).

It may seem that I’m doing much better here compared to Lending Club, but that’s somewhat misleading. Because I only invest in 5 loans (vs. 207 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.

For the first time in a long time, my Amazon/”Adsense” niche sites didn’t earn anything.  It’s somewhat of a fluke though, since the sites still receive some traffic.

Here’s a summary of my niche site earnings:

  • Amazon: $0.00
  • $0.00
  • Chitika: $0.00
  • InfoLinks: $0.00
  • Commission Junction: $0.00
  • Total: $0.00

The Daily Interview

As I’ve mentioned before, I will be rolling The Daily Interview into My 4-Hour Workweek, and publish interviews here (less frequently than “daily” of course).  With that said, The Daily Interview will still exist as a standalone site, it just won’t be updated for the foreseeable future.

Here’s what the site earned last month:

Undisclosed Authority Site

This site is inactive, but continues to earn a bit of money.

  • $2.31
  • $0.00
  • Total: $2.31

Slow Carb Diet Experiments

  • Amazon: $3.91
  • $1.60
  • Total: $5.51

Total Authority Site Earnings: $10.13

Here’s the breakdown for affiliate and other income earned during the month. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]

Total Misc. Affiliate Earnings: $479.69

Income Summary

Here’s a summary of July’s earnings, organized by category:

  • Freelance Writing: $4.36
  • Niche Sites: $0.00
  • Authority Sites: $10.13
  • Misc. Affiliate Income: $479.69

Grand Total for June: $494.18 (+$6.26 from June)

I’m still very happy to earn nearly $500 on virtually no time spent.  That’s a nice chunk of passive income when you make your living with a full time job.  I’m surprised at how consistent the earnings were compared to last month, though I expect August may see a dip.  We’ll see!

These were my top 5 most popular blog posts in July based on number of views:

1) 142+ Ways to Make Money Online

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

3) My Online Income Report – June 2014

4) AdSense Account Disabled: What the Hell?!

5) Where Are Your Priorities At? It May Be Time to Pivot (Again)

How did your online business and projects do in July?  Leave a comment and let me know!

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4 Responses to “My Online Income Report – July 2014”

  1. That’s what passive income is all about and getting $500 of it is really a nice job! I am sure that you could’ve increased the numbers by a lot if you kept focusing on your projects, but you know best what your priorities should be and what’s best for you. Still, the money remains nice in terms of passive income, so congrats for that!
    Calin recently posted… How to Make Your First $100 in Google AdSense


    Eric G. Reply:

    Thanks for the comment, Calin. You’re right that this number could have been (and should be) higher, but it’s not bad for zero work. :) Unfortunately, the online projects aren’t a top priority right now.


  2. I will look forward to when (or if) you will be able to put more time into your online business. You’re one of the guys that provided me inspiration to continue pursuing online passive income. I’ve had many months where I thought this wasn’t worth my time but I trudged on. I continued to make progress (big or small) and I am now logging my 2nd 4-figure month for 2014.

    It definitely takes a lot of time and energy to work on an online business (or other side business) and hopefully you’ll be back online depending on your priorities. You’ve got a lot of big life events happening now so I understand that you need to embrace those fully.
    Harlan Yee recently posted… My July 2014 Income Report


    Eric G. Reply:

    Thanks Harlan, and it makes me happy knowing that I provided some amount of inspiration, however small it may be. 😛

    You’re doing really well for yourself and I wish you the best of luck. I know you’ll continue to grow your online business.

    It’s definitely worth the time invested – and I know it would be for me too. The problem is, there are currently things that are worth even more to me right now. :) I suppose it’s a good problem to have.


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