Saturday, June 27, 2009

I Need to Move the Blog

Image representing Bluehost as depicted in Cru...Image via CrunchBase

As much as I like theBlogger.com format. I can see the limitations. If I really want to expand, I need to leave the nest. It is too difficult for a non-techie like me to customize things the way I want . In addition, it is obvious that having my domain name would be beneficial.

I had looked into several web hosting companies that offered "Wordpress" ready hosting, and I decided to go with "Bluehost". This decision was not made lightly, but I trust the opinion of "Pat" from http://www.smartpassiveincome.com/ . So I will be spending most of July bringing that blog to fruition.

But don't worry (he said, as if you lived and breathed for this blog), I will continue to post here, and I will archive all of my posts on the new site; as well as leaving a link here to the new-and-improved-blog.

Please try to bear with me through these first growing pains. I am discovering this journey into passive income just as you are. (we can do this, he said as he put on his sweater and outdoor shoes. "Can you say "passive income""? he said as he fed the fish and strolled out the door).
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Wednesday, June 24, 2009

Blogging

I realize that blogging is not exactly passive income. Although, the archives should still produce ad revenue. Blogging reached it theoretical peak last year, so a new blog is not that inticing. However, a properly placed blog with good content and muti-media should still do well.

I read a very good report on blogging at http://www.problogger.net/archives/2009/06/23/get-your-free-roadmap-to-become-a-blogger/ they are not paying me, nor do I have any affilition with them. But this report really opened my eyes to the thought process to writing a blog.

I think I must include this into my online income streams. It seems that it will requre a concerted effort, but with good long term results. With the added cash from the adsense program, and the exposure to my other projects, I think even this blog might be a little profitable.



Blogging may not be the end all and be all of my internet income plan, however, I think it can become an intergal part of the machine. One more cog that fits into my passive income stream
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Tuesday, June 23, 2009

Saving Money as Passive Income

Portrait of Benjamin FranklinImage via Wikipedia

As I have become more excited about this idea of passive income, I am exploring many of the the blogs out there relating to the subject. I ran across something that gave me a new paradigm for some of my thoughts. Saving money can be considered passive income.

Look at it this way, If I reduced my expenses to zero dollars, then all of my income would be disposable income. Therefore every dollar I save is one more dollar of disposable income. Perhaps ol' Ben Franklin had it right; "A penny saved is a penny earned."

I do not believe it would be helpful to include money saved in my passive income statistics. In addition the one drawback to this income stream is that it is finite. Once I reach zero expenses (yeah, that will happen), The stream is capped.

However, I can certainly do some things in my life to save in this manner. I am terrible at paying things on time, I could easily save fifty dollars a month in late fees. I also should consider getting a roommate. I live alone in a two bedroom apartment, and saving half of my rent could sure help. Just these two changes would increase my monthly disposable income by $450.

I know this is not some revelation in income generation, but some food for thought.
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Monday, June 22, 2009

CashCrate

I have been using CashCrate for about a month now. From everything I hear it is a good source of passive income. However, for me I have not seen the revenue and referral generation that I would like to see.

CashCrate is a free referral site. You can generate direct income by responding to offers such as surveys, or trial offers. but the intriguing part is the referral system. This should be able to create a good stream of passive income. The payout plan is fairly generous, and the program is simple enough. I have received my first check from Cash Crate (yes, the only payout option at this point is by check), so I know they are legit.

Image representing Associated Content as depic...Image via CrunchBase



My problem seems to be getting the referral. I have 4 articles published on ehow. These articles are also cross-posted on Associated Content. I just cant seem to build the referral base that I want. I may be too impatient, so I will keep pushing the program and see where it leads. I may just need to be patient and mix up my advertising a bit.
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