January 2018 Online Earnings

New Year’s Resolutions for Making Money Online

Tomorrow is January 1. This is the day that many people decide to start New Years’ resolutions. Most of these are pretty good ideas that include losing weight, quitting smoking, or some other health or relationship-related resolution.

Losing weight is not the only type of resolution that people should think about, though. Last year, I decided to take the plunge and go for a blog on a paid platform after a couple of years on a free site (I still have a couple of blogs up on free sites). My resolution was to really try and earn some money from the site. Earnmoneyinpajamas.com, the site that you are now reading was the site that I decided to set up.

I was able to post on a weekly basis for the first few months before a move and a new full-time job after three years as a full-time grad student. I was hoping to earn a few bucks a month from my efforts to help my with my monthly bills and living expenses. While this site did not make me rich by any stretch of the imagination, I was able to earn a few hundred bucks with it over the course of the year. One post brought in a large percentage of the traffic and the income, so much of the income was actually the best kind–passive income.

One of my first ever posts discussed how it is important to have goals. The online earning game (or, more like online earning job) requires planning. I set a goal of earning $5,000 through various online efforts during 2013. With just a day left in the year, I’m looking like I’ll be just over $500 short of the goal. While this is a bit disappointing, I can’t say that it’s devastating.

My efforts paid off in around over $80 per week on average. There were some weeks where I earned in the hundreds. There were some where I earned about $20. Regardless, I earned every week, and my total earnings added up to over $4,000 for the year. That’s the equivalent of working about 12 hours per week at the local WalMart at minimum wage with a fraction of the headache. It’s also $4,000 more than I would have made had I not started to look into making money online a few years ago.

My New Years’ Resolution for this year will be to update this blog with more information on earning money online.¬†I hope to learn about more ways to earn money while sitting at home in my pajamas to help myself, as well as my readers. I also hope to raise the goal for online earnings above my previous goal. My hope is to gain a bit more in passive income each year to the point where I can save up some serious money.

Do you have any New Years’ resolutions related to earning money via differing means?

January 2018 Online Earnings

Earning Money Online–May Earnings

The first post of the month, as always deals with my monthly earnings. I’ve set a goal of earning $5,000 online via various methods this year. I think the goal is achievable with a little hard work. Through April, I had earned a total of $913.13, which was an average of over $200 per month. May was a better month in terms of online earnings.

In May, I had the following earnings via online methods:

Freelance Writing: $387.19

Hubpages: $77.41

CashCrate: $81.93

MTurk: $4.80

Total online earnings for May 2013: $551.33

After adding the $913.13 that I’ve earned prior to this month, my total earnings for the year are up to $1,464.46, just over $3,500 short of the ultimate goal.

This was a record for online earnings for a month. I am hoping to eclipse it over the next few months. The goal is to start out with small numbers and then have them snowball over time into some really serious money. The best way to make real money is through passive income. These sources would be sources that continue to pay out over time with minimal work. Of course, there is some hard work necessary in the initial days and months of earning money online.

The next monthly earning results will be posted in the first half of next month. Hopefully, these earnings can inspire others to earn some extra money on the web.

 

January 2018 Online Earnings

Earning Money in Pajamas–March Earnings

I’m doing a yearlong experiment in trying to make money in pajamas without leaving home. (I do have a more “regular” job, so this is not all of my income.) I’ve been making updates to my monthly online earnings for the past couple of months. As stated earlier in the year, I am attempting to earn $5,000 online this year. That adds up to just a little over $400 per month. Through February, I had earned $442.70. Here is a link to my last report.

I continued working toward my goal during March and did a bit better than January.

I did more work as a freelance writer and earned a total of $156.10 on the freelancing site I use.

I also did a bit of work at Amazon’s MTurk at cashed out $6.61. You can sign up at Amazon.com for MTurk to do micro work. (I do not get a referral credit if you do.)

Finally, I received a check from CashCrate for $32.87. (I get referral credit if you sign up using the link. If you do, I thank you.)

This brings my total online earnings for the month to a total of $195.58. My total online earnings for the year are now up to $638.28. Just over $4,300 to go to make my goal.

January 2018 Online Earnings

Setting Online Earning Goals

A common refrain that people will hear is that those who fail to plan, plan to fail. There is a great deal of wisdom in this statement. Many people want lots of stuff, a great job, or money to sock away in retirement. The vast majority fail to get to where they want to be. Why? In a large number of cases, the reason why people do not achieve their goals is because they forget to set goals. Those who want to earn money in pajamas while working online are no different. Here are some tips toward setting online earning goals.

1. Learn about earning money online

The first and probably most important online earning goal that many people forget when actually trying to earn money online is that of learning about the process. Robert Kiyosaki, in his best-selling book Rich Dad, Poor Dad, encourages people to work to learn, not to earn. Knowing how to go about earning money is a very important component of earning money. Read extensively. I did this to avoid some of the more common scams. The online earning opportunities that I share on this site, though they are definitely not be get-rich-quick schemes, are methods that I have used myself with varying degrees of success. I always check a number of mediums before trying a new money-making method. This way, I avoid losing money and can concentrate on making additional income online.

2. Start making money online

Reading and learning about making money online will not get anyone anywhere important. Knowledge is useless unless is is put into practice. I would suggest starting one method in your spare time to start earning a few extra bucks. Of course, those who are unemployed or underemployed may have more spare time to start working on making more money. You can sign up for CashCrate, Swagbucks, or any of the other great sites that allow people to make money without spending a dime. You might also want to sign up to get a cash bonus from a bank that wants to earn your business. Once you start earning a bit of money and see the amount of time involved, you can then start to set tangible goals.

$500 bill with McKinley
A $500 bill, public domain via Wikimedia Commons

3. Set online earning goals that are attainable

Anyone can set a goal of making $1 million in a year. 99.9999 percent of these people will quickly become frustrated when they make a mere $10 in their first day of online work. They will get even more frustrated when they make less than this amount. There are people who make $1 million online, buy they no doubt started small in most instances. It is important when setting online earning goals that you set goals that are attainable. A good goal for this year might be to make $100 per month to supplement your bills, to take a vacation, or to save in a retirement account. You might even choose to set a very modest goal of a dollar a day. Few people truly understand the power of a dollar.  Most people will be able to achieve these amount with a bit of work. As you then learn more, you can start to make more in less time. This relatively easy online earning goal can keep you from getting discouraged and giving up on earning money online.

4. Re-assess goals annually

It is still relatively early in the year, so it is still possible to set concrete goals that will help your and/or your family’s budget. If you have a short-term online earning goal of $100 per month, you should check how you did at the end of the year. Perhaps you achieved more than you thought that you would. Perhaps you earned less. Successes should encourage us to attempt to achieve more. At this point, it might be good to set a long-term goal for the next five years. This does not mean that annual online earnings goals become less important. These are the stepping stones on the road map that will get to the ultimate destination.

I personally set a goal of making $5,000 in my part-time online endeavors back in 2013. I didn’t reach it. What did I do, I set it higher for the next year. What are some online earning goals that you have set for yourself?