For new years we decided to set up aspirations rather than resolutions. My new years aspiration was to make $365 worth of passive income this year. The goal roughly breaks down to $1 a day. I figured one dollar a day this year could compound to 2 a day next year and so on. It was an official start to the Financial Freedom/Independence goal.
The year started out pretty strong but tailed off at the beginning of summer. There was a brief period of discouragement when it did not look as if the goal would sustain itself. Stocks began to perform, Ebay picked up and the blogs helped a bit too. Before I knew it the gap was closing. Here we are only 8 months into the year and I have broken the $365 mark. I am also realizing some passive income sources that had not been counted.
By the Numbers
$145 - Ebay
$31 - Blogs
$9 - CD's (Long-term goal 1 CD for each month)
$181 - Stocks (dividends and Sell-offs)
$366
$75 - Credit Card Reward checks
$441
As you can see Ebay and Stocks are the biggest money makers. There are still dividend and CD checks to be collected before the end of the year. I will be adding a 6th CD this week.
I have to thank all of you who have supported my blogging venture, please keep reading!
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