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Money Diet = Frugal Living Awesome I’m a huge fan of having periodic money diets in order to kick my savings into high-gear. This particular one was motivated by my upcoming move to Canada, which certainly ain’t gonna be cheap. Nothing says “frugal living” than posting all your spending online in a Facebook group with other people, and then also doing a post about it on here. Money Diet March: Some Previous Results Here are…
And so it Begins The money diet is starting tomorrow and although it’s been a few years since I’ve gone on a diet, I’m super excited for this challenge. In years gone by, I’ve totally kicked butt at money diet challenges and don’t think I’ve ever lost one. Here are my secrets and even though they’re secrets I’m going to share with you because I want to help my readers be as awesome as they…
It’s that time of year when parties are in full swing and many of them involve potlucks of some kind. Most people bring heavy, meat and dairy filled items or sugary deliciousness dessert items but neither of these things are really my style and I never cook them for myself at home. Although I do indulge in them every once in a while, I prefer them more as a side-dish instead of the main event…
November 2014 Passive Income came in at $288.14. For the breakdown and comparison to the previous few months, check out: Passive Income Report The bulk of my income came from dividend paying stocks and Hubpages (formerly Squidoo), as usual but a nice addition was $42.68 in sales from my my new Ebook, How to Get a University Job in South Korea: The English Teaching Job of Your Dreams. Compared to previous years: Nov. 2013: 268.98…
October 2014 wasn’t a great month for me in terms of passive income with a total of $253.44. Check out my October 2014 passive income report. Iherb and Amazon were pretty disappointing partly due to Iherb not offering any free shipping to South Korea and traditionally dividends are not plentiful in November. Compared to previous Years: 2013: $268 2012: $296 2011: $352 2010: $28 Onwards and upwards! My Ebook should be coming out in the…
This past week, I haven’t had classes at my day-job due to midterm exams, so I’ve been busy working on my first Ebook. I’ve wanted to write one for a while because I think diversity is the key in trying to live off passive income. I really have no idea whether affiliate marketing on Amazon or Iherb will be successful in the future, whether Hubpages will shut down, or whether there will a huge crash…
I’m pretty convinced that homemade hummus is always one of the most popular items you can bring to a potluck party. It’s delicious, goes well with a million and one dipping items and is reasonably healthy. No matter how much I seem to bring, it’s always gone by the end of the night no matter how much or what kind of other food is there. And, perhaps even best of all, it’s REALLY cheap to…
This semester, I have breaks between all my classes which means that I end up spending a lot of time in my office and eating 6-7 meals at work. I most definitely do not want to eat out for all those meals, for health reasons as well as it goes against everything frugal living. Plus, I get a fabulous box of organic vegetables delivered to my door each week, so I can’t let them go…
This was an excellent month for me, due to a lot of dividend payouts ($484.91). September is usually one of the best months of the entire year for this. I also had an above average number of sales on Amazon($52.46). The total was $628.16. Check out my September 2014 passive income report. Compared to previous years: Sept. 2013: 529.41 Sept. 2012: 496.21 Sept. 2011: 205.21 Sept. 2010: 504.45
Getting sick costs money. Even if you get paid sick days at work, employers won’t look favorably upon someone who is often not there and you probably won’t exactly be next in line for that big raise or promotion. And it also costs money to go to the doctor, for over-the-counter medication and it’s very easy to give in to impulse buys when you’re feeling weak and not like your normal self. So, the moral…
August 2014 was a pretty slow month in terms of passive income, totaling $216.46. But, I added up the total, year to date and it’s around $2500. Not bad for the very little amount of time and energy I put into it. You can see my passive income report here. Something I am happy about is Iherb, which I am getting an increasing amount of money from each month. Something that seems to be working…
This month wasn’t great in terms of passive income, coming in with a total of $219.09, but I didn’t exactly put a lot of effort into maintaining my current sites or building new ones due to how busy I was at the day job, which is always a frustration. Plus, I was on vacation in Malaysia for a large part of it. Check out the specifics of my July 2014 Passive Income Report here. Comparing…
The things that we buy in a store have a price, but this isn’t actually their real cost. The real costs of things are often hidden and perhaps not apparent until days, weeks or even years later. For example, a t-shirt might be only $5, but if you indulge in sales similar to this too often, soon you’ll have way too many clothes and need a bigger house to store all your things, which will…
This month, I earned $310.41 in passive income. Everything was pretty normal except for my Iherb earnings, which increased significantly to $24.99, mostly due to their free shipping special for most of May. Anytime I can earn over $300 for very little effort on my part is good news! Here’s how May 2014 compared to previous years. May 2013: $386.06 May 2012: $380.02 May 2011: $243.11 May 2010: $49.22
These days, final exams are looming and I have a lot of grading and other stuff to do at the day job, so I’ve been neglecting my blogs and Squidoo and the social media that is so important to making it online. It’s frustrating. Enough so that I’m seriously considering limiting the amount of overtime that I do each week. My day job consists of 9 teaching hours, which requires an average of around 5-10…
My passive income for the month of April 2014 was $274.64. You can see the breakdown of that in this Passive Income Report, as well as compared to previous months. Here is the data from previous Aprils: April 2010: 5.29 April 2011: 214.34 April 2012: 328.1 April 2013: 251.97 Overall, this month was a bit lower than other years due to decreased dividends. This year, March was a huge month for dividends, so it was…
Building Passive Income: 2 Main Factors 1. Living frugally so that you have more money to invest in things like dividend paying stocks. 2. Putting the time in to develop the passive income streams through building websites, books, Iherb, Amazon, etc. Going Out in South Korea Usually Involves Drinking Living in South Korea as an expat (I’m originally from Canada), one of the things that frustrates me is that “going out” usually involves hitting up…
For my February report, please see this post. But, onwards to March. You can see all the details here, but the total minus interest paid to my broker was $466.44 US. The large majority of it was in Dividends, and a big portion of that was NPK (National Presto Industries), which paid a special dividend of over $100. Compared to previous years: March 2013: 251.97 March 2012: 455.72 March 2011: 156.86 March 2010: 7.02 Similar…
Iherb: A Company That I LOVE I think that affiliate marketing can be a very valuable way to build passive income and it’s an area I’d like to explore more, with more affiliates and more niche websites. However, I would NEVER recommend something that I don’t personally know and love because it’s just not my style. Iherb is one of those things that I just sort of fell into without even really knowing it had…
Rice and Beans, Beans and Rice As Dave Ramsey says, when you’re trying to get out of debt the only time you should see the inside of a restaurant is when you’re working there. And that those who are in debt should be eating rice and beans, beans and rice. Although I’m not in debt, I love cooking at home for the following reasons: Cooking at Home is Healthy! I love the fruits and vegetables.…
This past month was not an amazing one in terms of passive income. I earned a total of $210.32 (US), but in the Feb. 2013 it was 288.47. However, progress is happening: Feb. 2012=167.08 and Feb. 2011=74.79. February is traditionally not a big month in terms of dividend payouts, and my Squidoo payment was also relatively low. Squidoo pays out 2-3 months later, and in December I was extremely busy with my day-job so spent…
I’ve been on this journey towards financial freedom through passive income for a few years now and have developed a few different passive income revenue streams. While I’d like to get a few more up and running in the next few years (diversification in this area is golden!), the ones I’m currently doing are plugging along and expanding, without a significant amount of effort on my part. I’ll outline them here and in the coming…
