Affiliate Marketing Passive Income Stream

I recently posted my list of alternative income streams that I am currently working on in order to generate extra income. The goal is to create many different forms of income outside of my day-to-day job. As each of these income streams are developed, the plan is to make them operate with very [...]

Options Expiration Day

Today is the 3rd Friday of the month which means it is one of my favorite days in the stock market. That is because it is options expiration day which means I can move on to September to possibly bring in some additional alternative income. This type of income is very close to [...]

New Income Stream - Virtual Stock Portfolio

A few days after posting my article on - Creating Alternative Income Streams, I got an automated email message sent to me stating that I had earned $.04 for the month of July from an income source I completely forgot about. Now $.04 is not much to get excited about, but it is also [...]

Make money by being Green

I read an article the other day on TheStreet.com on new ways to make money from recycling. I am a big advocate of recycling and think every family should participate. Unfortunately, the town in which my family lives in does not currently have a curb side recycling program. I did not even [...]

Pharmacy Shopping Update - #1

Earlier this week I wrote a post on how to make money by shopping at pharmacy’s. In sticking with this theme for the week, I wanted to provide an update on my latest transactions. After shopping at CVS last week, I earned $22.08 after using coupons and receiving Extra Bucks and Mail-In Rebates. [...]

How I made money Shopping at Pharmacy’s

Last week I wrote a post that provided a list of alternative income streams that I am currently using or plan to use in the future. One of those income streams was to Shop at Pharmacy’s and make money. How can you make money shopping at pharmacy’s you may ask? I thought [...]

Creating Alternative Income Streams

I came across two great articles yesterday on other blogs that fit with my overall long term goals in generating as much passive income as possible to become financially independent. The first article was posted on Moolanomy where Pinyo offers a guide to earning extra income. The post describes different sources and [...]

P2P lending status - July (2008)

Over the past several weeks I have been increasing the number of Prosper loans that I have by about 1 per week. My current loan activity includes -

Number of Loans - 45
Average Interest Rate - 16.79%
Daily Interest Accrual - $.95

At the current daily interest accrual rate of $.95, I am bringing in around $28.50 [...]

Tracking my P2P borrower account - July (2008)

I am participating in Prosper as both a lender and a borrower. I lend money to fellow borrowers to help them get out of debt and also to generate a form of passive income. I borrow money from Prosper at a low rate in order to invest in higher yielding income streams to [...]

Passive Income - June (2008)

As part of my ongoing goals to become financially independent, I have been busy creating as many new income streams as possible. For example, at the beginning of this year (2008), I opened up a Prosper account in order to participate in P2P lending which would allow me to earn interest off of lending [...]