This Blog Has Moved!!

Go to www.easykindamoney.com !!!!!!!!

I finally got the bugs worked out... I have archived the posts from this blog into the new blog... I hope you like the new site. Please feel free to comment and give me suggestions on the new blog.

Thank you all for reading and commenting.

Passive Income To-Do List for July

Image via CrunchBase

I am finally getting my head wrapped around the things I need to do in order to build my passive income. I think that it was overwhelming at the outset. There were just so many ideas and so much information to sift through. I was hard pressed to prioritize these ideas, but I think I have a better clue now.

The List

• Finish moving this blog to http://www.easykindamoney.com/
• Write at least two articles per day at eHow.com
• Read and comment on an one article from each of my eHow friends every other week.
• Mid-month, begin going through 31 days to building a better blog at Pro Blogger
  
  Moving the blog
  
  It is simply a matter learning a little more about Wordpress. I have chosen the theme, etc. I am just trying to figure out the widgets at this point. Other than that I really do like the simplistic power of Wordpress. As I mentioned in my previous post I Need to Move My Blog, I went with Bluehost as suggessted by Pat at The Smart Passive Income Blog .
  
  Writing more on Ehow
  
  I know that Ehow will never make me rich, however it is a good source of steady and predictable passive income. I have been slacking a bit with it lately, so I am resolving to write 2 articles per day. This should increase my monthly income by about 70-80 dollars.
  
  Commenting on eHow articles
  
  I tried an experiment by religiously commenting on my eHow friends' articles for two months and then I stopped commenting for two months. I am fairly certain that by commenting, I can increase my eHow income by about 12-15%. I think this is due to three things: First, these friends rate and comment on the articles. Secondly, these comments are posted on their home pages. Lastly, I think that these friends click on some of the ads on my pages as a favor. Although I do not condone this, I think it is just a fact of life.
  
  31 days to build a better blog
  
  This is a great project that every blogger should try. Each day contains a fairly easy project to improve your blog. I am actually really excited to embark on this.
  
  
  
  

Why Create Passive Income?

Image by mohdzakri.com via Flickr

The idea of creating income streams that continue to pay is actually at odds with the mindsets of many people. I have heard the comments of; “If you have that much time on your hands, you could be working some overtime.” Or “Why don’t you get a real job?” (by the way, I do have a “real” job as a debt collector).

I think that much of this attitude comes from the idea of getting something for nothing. It is obvious that if you have tried to get something from creating passive income streams, you realize that you will work many hundreds of hours with very little reward before you start seeing the returns on your investment of time. It may be just as obvious that there are many money-making “scams” and unrewarding wastes of time out there. I think that is the true purpose of this blog; to sift through the river sand and find a small nugget of gold or two.

An ongoing passive income gives the freedom of working when you want and where you want. I also know that by diversifying your income into “streams”, you can beat the “lay-off” reaper. If a website closes or an online experiment you tried goes bust, you still have these other income streams available to pay your bills.

It all makes sense on paper; let’s see how it works in the real world.