Miscellaneous Income Report – January (2010)

I have set some lofty goals this year in an effort to build a set of recurring income streams that earn $3,000 per month. The plan is to build these income streams so that they can withstand any major economic disasters while helping to increase my family’s monthly income. Overtime, as I continue to build more and more income from these alternative income streams, I can begin to phase out the active income (my job) that I am earning.

Phasing out my job and building more passive income streams will allow me to have the freedom to become financially independent. In order to reach my goals, I am starting to leverage several online tools that can help build solid income streams.

One of the keys of growing solid income producing niche sites is to leverage tools like Info Barrel and HubPages. These FREE tools are a great way to build links to the content that you own, while producing some additional income along the way. This extra income, combined across many different sources, will make up my miscellaneous income that I plan to grow into $500 per month.

If you are interested in learning more of the specifics about my income generation plan for 2010, I suggest you review my documented SMART Goals. Feel free to let me know what you think – good, bad, or downright ugly!

Here is the monthly breakdown of the income I am building through these miscellaneous sites.

Info Barrel January Results

While I didn’t publish as many Info Barrel (iB) articles as I had hoped, I have started to incorporate them into my other income streams. The intent going forward with iB and other similar platforms is to use them as tools to support niche sites that I own and control. Nothing new to most people working to earn income online, just something new to me.

I published 5 new articles on Info Barrel during January, all with the purpose of building links and sending traffic to sites I own. Here is the breakdown of my Info Barrel earnings from January -

• January (2010)
  • AdSense Earnings – $2.57
  • Chitika Earnings – $0.00
  • Articles Published – 5
• December (2009)
  • AdSense Earnings – $1.40
  • Chitika Earnings – $0.00
  • Articles Published – 3
• November (2009)
  • AdSense Earnings – $3.66
  • Chitika Earnings – $0.11
  • Articles Published – 10

GRAND TOTAL

• Earnings – $7.74
• Articles Published – 18

HubPages December Results

I am taking the same approach I used for my Hubs as I did on Info Barrel – leverage the site to build links and drive traffic to sites I own. Any income generated from these sites directly will be extra incentive to keep plugging away!

I published 3 new articles on HubPages in January, which was less than Info Barrel. The one interesting thing I noticed was that while my Info Barrel articles got about 47% more traffic, I earned considerably more income from my Hubs. This could be a result of several factors, like the content of the articles I have published. I will monitor this closely in the future so that I can maximize my earnings potential.

Here is the breakdown of my Hubs earnings from January -

• January (2010)
  • AdSense Earnings – $16.31
  • Hubs Published – 3
• December (2009)
  • AdSense Earnings – $5.98
  • Hubs Published – 0

GRAND TOTAL

• Earnings – $22.29
• Hubs Published – 31

Final Thoughts

This year is going to be fun and exciting, I can just feel it. Now that I have a plan in place, I am more focused than I have been in the past. I have no doubt that I will be successful and when I come across a roadblock, I will move around it and press on.

While the income produced in January for these two sites combined was not huge, it is a starting point that I can look back on. I am busy working to build the necessary foundation required to have successful niche websites. The key to my overall success of building diversified income streams will be measured in part by how successful these building blocks turn out to be.

How was your January earnings? Do you normally generate more income from HubPages than Info Barrel?

Tagged as: HubPages, Info Barrel