I’ve decided that it would be a good idea to track my online earnings this year. I used to do this when I started my site a little more than four years ago, but dropped out of the habit. I’ve since started tracking passive income from dividends. I believe that passive income is the best income, and that dividends are the best form of passive income.
Passive Income Does Not Build Itself
However, to build up passive income, I need to earn income from active work. This is necessary because passive income does not create itself. It’s a function of earning money off of capital invested in anything from pork bellies to gold to stock in great companies.
Starting around 2008, I began earning a bit of extra money online. I took a big pay cut to start a job that I really wanted. There was the possibility of this job becoming a great career, and it did. However, the financial remuneration at the time was not the best. I had a new and growing family, and I had no desire to work retail if I could avoid it I therefore started to focus on online earnings so that I could make money without leaving the house outside of my day job.
This effort started to pay off nearly immediately, and I’ve not had to go back to working in retail or fast food to make ends meet since. Some months I make more; some months I make less. Regardless, the additionally money outside of my day job has really helped my standard of living. I made money online via two different avenues during the month of February 2017.
This was less than the $334.60 that I earned online in January, but it was still a nice little bit of income that helped me toward my overall financial goals of building up passive income. Part of the money that I made in February went toward buying quality dividend stocks that should pay me passive income for years into the future. Hopefully, I’ll make more in March that can help propel me further. I’m hoping that both my online earnings and my passive income will snowball in the future.
The title of this site is Earn Money In Pajamas. I like earning money while sitting at home and watching TV or hanging out with the family. I can earn money at home at just about any time that I’m not at my day job. The money that I earn online goes toward investing and toward paying bills. It also goes toward paying off debts. I’m again tracking my online earnings.
I used to keep up with how much money I made each month. I set online earnings goals for the first couple of years that I kept this site up. The past couple of years, however, I’ve slipped up on this process. I’ve been focusing upon earning money online, but I’ve been reporting on the money that I’ve made from dividend income.
Dividend income is a great method of earning money in pajamas. I own teeny little slices of companies that pay me a portion of their profits. All I have to do is wake up and get the notification that I’ve earned a dividend. This is an example of passive income, which I firmly believe is the best form of income.
Online Earnings For January
I’ve also been involved in active income in the past couple of years, and one of the methods that I’ve continued to earn money is via online activities. After giving it some thought, I decided that I might give regular updates to show you that it’s possible to earn money online (in your pajamas) in 2017. Here is what I earned via online activity in 2017:
I can’t complain. The money that I’ve earned with Swagbucks has gone toward purchasing stock in high-quality companies. The rest of the online earnings that I’ve accumulated over the month have yet to be spent on anything. I would like to invest them, but I need to build up some emergency savings. How did you do via online earnings last month?
I’m now in my second year of tracking my earnings online to help people see how it can be done. I’ve now earned over $5,000 in the past 14 months. I set a goal of $5,400 for 2014. I started out the year very strongly, earning $597.33 for January. I continued my work during February. This month is the shortest of the year, so it can be difficult to keep up with online earnings. I still did pretty well. Here are my earning streams. Unfortunately, little of it was passive income, although I’m building up some accrued income that’s not been paid out yet and should be in the next month or so.
My total earnings for February were $511.33. When added with my earnings for January, I’ve earned $1,108.66, which is 20.5 percent of my annual goal with just 16.6667 percent of the year completed. That means I’m ahead of my goal for the year.
Last year, I kept track of my progress monthly to show how close I was getting to my annual goal of $5,000 in online earnings. I was short of this total, and I was only able to earn a little over $4,300. I was not frustrated, though, because that was $4,300 I would not have earned had I not started out with a goal to make money online.
This year, I decided to up the ante, and set a goal of $450 per month for 2014, which comes out to $5,400 for the year. I’m using many of the same income streams that I had before, but I’ll also try to bring in a few more over the course of the year to see how other options work. Without further ado, here is my first earnings report for 2014. In January, I earned from the following sources: