I have never written about my "regular" freelance writing money, as it's not my style to discuss personal income. However, I have shared my residual income and eHow earnings from the beginning, since this was just "extra" and with eHow's vague earnings detail, I thought of it as an encouragement and service for others.
But as my readers know, I have been slowly replacing my active income with residual income streams. While I am still doing some paid freelance writing and editing, I'll soon be focusing all my work time on building ongoing income sources.
For privacy reasons, I've decided that I will no longer give monthly totals. However, I will explain HOW to achieve significant residual income, talk about maximizing income streams in detail, and I may let you know income amounts for specific sources throughout the year. For example, one month I might talk about my eHow income and the next, about Bukisa residuals.
I think through this blog I have clearly demonstrated the value of residual income streams, the unlimited possibilities of online income and that it is achievable, even by busy, overworked stay at home moms like myself.
WriterGig's Residual Income Report October 2008
It was my best month ever for online residuals, and exceeded my expectations by quite a bit. My only overhead was getting my computer fixed (tax deductible $150) and webhosting ($15). I already deducted the cost of affiliate payments and host fees from the other numbers.
Sales of my eHow eBook (which is a great guide for those trying to maximize eHow earnings, by the way) were good, and I expect them to be even higher in November with the revamped sales page.
P.S. If you know me in real life ... no, I'm not rich yet. My residuals covered property taxes and unexpected income loss this month. We're still working toward our debt-free goal. ;)
P.P.S. I'd love to hear about your residual income progress or new sites you're trying. Also, let me know if this was an encouraging post for you. Please share in the comments section, below.