Every month I will list my online earnings from the past month to give you some insight into at least a few ways money can be made on line. Whether you are trying to earn extra money as a side-hustle, or totally break free from the job paradigm and own your time, there are a lot of options for income generation and most of them are possible for anybody. All of the work I did could have been done in addition to working a full time job. I currently choose to live off less and enjoy the freedom, but you don’t have to be willing to live off of $1500 or $2500 a month for all of these techniques to be worthwhile. In fact, many of my more lucrative projects are the ones that involve the least ongoing time investment.
Keep in mind that some income sources might not directly involve the internet, but as they still further the cause of freedom I will include them.
Also keep in mind that I do my record keeping on a cash accounting method, so I only count the expenses and income for the month where they actually hit the account, not when the sale or purchase may have taken place. So for instance, the Youtube revenue was actually earned in October, but was deposited this month.
Here are my results from December 2015 with some brief explanations:
December 2015 Total: $2,245.16
Online Sales: $367.12
This includes eBay sales, Amazon sales, and Bookscouter. This is a net total after accounting for inventory purchases, shipping, listing fees, etc.
Amazon Affiliate Sales: $88.64
These are all sales made through affiliate links on my Youtube videos and websites. This category is always one of my favorites to report as it is probably the one I spend the least amount of effort on, and yet it is a consistent source of income, even if small.
Local Sales: $500.00
These are all sales that I met the buyer locally and did not ship the item. I held a garage sale to liquidate some inventory that wasn’t suitable for selling online, and sold a few other items locally as well.
I count the income the month I actually get it, so these are actually my earnings from November. Most of this was from my two main Youtube channels, with $10.68 coming from Google ads on my websites. Still an amazing solid amount of money for simple videos on youtube, but I aim to dramatically increase this number for the year ahead. My goal for the new year is to reach a total of $11,000, which equates to over $900 a month.
BuyThermite.com: $ 39.25
another month, and more earnings with almost no work from Buythermite. This obviously isn’t a lot of money, and is below average for this income source, but seeing as how I only had to do about 10 minutes of work to net about $40, I am ok with it. I am never sad to get an opportunity to make $240 an hour or so, even for only 10 minutes.
Credit Card Rewards: $5.00
This month the rewards rewards are just a few residual rewards dollars from normal day to day credit card use. Next month should be a great month as I just hit the spending requirement for a new card, and should get the sign-up bonus in January.
This is a combination of rent, utilities, and internet payment from my girlfriend. Having a roommate that allows you to split housing costs is a great way to more easily and quickly reach a point of independence from the job paradigm.
While not strictly internet income, I include this because it also just gives a more clear picture of my income and what I am working with.
Other Earnings: $10.80