Tuesday, February 6, 2018

Income Streams

This year I have been working on increasing my income streams.  I really want to increase my income in order to boost my savings and in order to have some income in the case of the loss of my main job. 

In January I started Mturk and I earned about $39 for the month.  I started slacking off towards the end of the month, but I need to get back to submitting about 10 HITS a day. 

I also added Google Adsense to my blog with the hope of gaining a little bit of income.  I don't really know how Adsense works, but it was easy to set up.  As far as I can tell I have not earned anything from Google Adsense. This does not surprise me as I generally don't click on ads when I visit blogs. 

My longstanding income stream (other than my W-2 job) is my savings account.  This only earns 1% interest, last year I earned $81.   While $81 a year surely will not replace my main job, it definitely will help in a pinch.  I likely will split the $81 between my car replacement fund and my EF.  However, for now, the $81 will just sit in my savings account and help me earn more interest.  My goal is to earn over $100 in interest on my savings account this year. I hate the thought of pulling money out of my savings account to replace my car as my interest earnings will decrease. 

I have a cashback credit card which earns 1.5% cashback on all items.  I need to work on using this credit card more often for gas, etc. so that I can increase the cashback earned.  Every dollar helps and if I have to spend the money I might as well earn a little cashback/discount. 

Oh and Welcome to February! 

6 comments:

  1. I believe in having multiple streams of income. A little here, a little there, it all helps! FYI, no ads are appearing on your site yet.

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    1. Never mind about the ads. I see them now!

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    2. I just like the idea of a safety net. If one income stream dries up it would be nice to have another to turn to so you can keep going. Awesome, I'm glad the ads are showing up! Thanks!

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  2. Do you have a skill you can use to help you, like, babysitting, tutoring?

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    1. Lol, after all these years of practicing law, I have learned I am good at nothing and have no usable skills. :)

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