The first half of 2009 seems to just be flying by. Unfortunately, I have gotten a little behind in posting my monthly passive income results. Since June is right around the corner, I figured I better get back on track by posting my March results.
Overall, my March results showed some progress compared to February and January, but a few charge-off loans showed up in my Prosper account. As reported in an earlier post, my eHow earnings are starting to show some real promise and AdSense earnings picked up as well. My dividend income showed a nice gain but that is expected to start dropping over the next several months.
Here is a breakdown of my March 2009 passive income results -
- Dividend Income – $96.60
- % Change = +68% compared to February
- Peer Lending Interest – $27.01
- % Change = +7% compared to February
- CD Interest – $139.77
- % Change = (-1)% compared to February
- eHow – $41.64
- % Change – +50% compared to February
- AdSense – $19.11
- % Change = +99% compared to February
Grand Total – $324.13
- % Change = +24% compared to February
The Month of March saw two new charge-off loans from my Prosper account. As a result, I am deducting ($50.31) from my monthly passive income totals.
Adjusted Grand Total – $273.82
- % Change = +4% compared to February
Analysis
As noted above, my March results saw a nice increase compared to the first two months of the year. I am still shooting to reach $1,000 per month in passive income by the end of the year which is one of my personal goals for 2009. I still believe that I can reach this goal with continued hard work.
How are your results coming along? What passive income streams are you working on building?
Related posts:
- Passive Income eHow Updates – March (2009)
- Passive Income Results – February (2009)
- eHow Passive Income Results – March (2010)
- Passive Income Results – January (2009)
- Peer Loan Status – March (2009)
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{ 3 comments… read them below or add one }
PFI,
If you manage to open one Checking Account per month for the Cash Bonus, you could certainly increase your passive income. For example Chase currently has a $100 Checking Bonus Deal..
Good luck in your passive income endeavours
Blogging Banks’s last blog post..$100 Chase Checking Bonus
Blogging Banks – Thanks for the tip. I should look into doing that. How much income are you producing per month by opening up these accounts?
pfincome’s last blog post..Passive Income Results – March (2009)
PFI,
I generate about $100 to $200/month opening accounts on average. It’s not a lot, but it adds up. The drawback is that once you open an account at a bank, cash in the bonus and then close it withing 6 months, you might not be able to qualify for their bonus again for the next few months. However, if you have a spouse, children , you can use theirs ( with their consent of course).
Blogging Banks’s last blog post..$225 worth of bank bonus deals expiring in May