Wednesday, January 19, 2011

#40 - Develop a low-maintenance, passive-income side-hustle

Well, this item has taken a big hit.  I mentioned last time that my articles on Bukisa were earning between $0.20 - $0.30 a day.  Well, in December, Bukisa changed from having in-house payouts to utilizing Google's Adsense.  Bukisa already used Adsense ads, but now instead of being paid through paypal from Bukisa, our revenue goes directly into our personal Adsense accounts. The Bukisa payout level was $10.  The Adsense payout level is $100!  Also, I am no longer making any residual income on a daily basis (ie, per view income) and am only making per-click income.  At a total of $2.11 so far since December. 

Bummer.

So, I'm not really sure how to improve these earnings.  I'm branching out a bit as I don't want to put all my eggs in one basket, so to say.  So far, I have written a few articles for InfoBarrel which also utilizes Adsense as well as Amazon Associates (the amazon affiliate program).  My articles there have a total of 100 views combined, but I am still working on building my article base.

I've been back-linking using RedGage which also earns a bit of money... only about $0.80 in the last 3 months, but that amount will grow as I add more articles and photos.

I've also started reading a few blogs to get the ideas rolling of other ways to start passive income streams.  A few of the blogs include:
http://www.my4hrworkweek.com/
http://www.murlu.com/
http://www.escapingthe9to5.com/

http://cashcampfire.com/

I hope to continue to learn about passive income and find an inspiration (and motivation) to start a larger project.

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