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May 2012 Earnings Report

May ended up being another good month for me.  I actually had to go out of town a couple of times, so I had expected a decline, but Redgage.com rode to my rescue.  (I’ll explain in more detail below.)  The breakdown for the month is as follows:

AdSense:  $47.34 (-30.3% compared to last month’s $67.89)
HubPages:  $43.78 (-1.6% compared last month’s $44.49)
Squidoo:  $1.82 (+54.2% compared to last month’s $1.18)
Affiliate sales:  $.32 (-97.7% over last month’s $13.70)
Book sales:  $1.21 ( +98.4% over last month’s $0.61)
RedGage:  $50.00 (No earnings reported last month)
Total:   $144.47 ( +13% compared to last month’s $127.87) 

 Year-to-Date Income:  $536.95

For only the second time, AdSense was not the single-largest source of revenue.  That actually makes me happy from the standpoint of having diverse sources of income.  I’m not wild about the decline in AdSense numbers overall, but again, I’m attributing that primarily to being out of town several times and not being able to focus as much on my passive income efforts.   For those who are interested, revenue from WebAnswers (which tends to be the primary source of my AdSense revenue) was $44.90. 

Affiliate sales were down.  I’m still working on getting greater consistency in that arena.   Also, I’m happy about continuing to earn on Squidoo (and quite pleased about the growth on a percentage basis).  As I keep saying, I’m excited about the potential on Squidoo; I just have to find a way to get in on the action in a big way.

My HubPages earnings were very close to their April numbers, so I’m happy to be holding my own.  I hope to enter another HubChallenge for June (30 hubs in 30 days) and thereby continue increasing my earnings.  

I had some more book sales, for a total of $1.21).  It ain’t much, but not bad for someone who really isn’t doing a lot of promotion.

Last but not least, I come to Redgage.com.  I actually wrote about using Redgage for backlinks (and to earn passive income) just last month in an article entitled Get Backlinks and Earnings with RedGage.   I actually hadn’t been earning very much (and have not, in fact been including my RedGage earnings n my monthly reports), but I happened to win the RedGage Daily Contest twice in May. I received $25 each time for a total of $50.  This helped keep my numbers up while I was away a couple of times during the month.

All in all, May was a good month for me.  In fact, this was the closest I’ve ever come to achieving my goal of earning $5 daily.  Thus, I’m still shooting for a goal of $5 per day (which would have amounted to $155 for the month).  That is now my goal for June.  As usual, here are the resources I’m using to construct my own passive income streams: 

 

 

***Please note that many of the links above are affiliate links, which means that I will earn a commission if you purchase products or services via the links I have provided.  More information about these products and services is available on my Resources page.

As I say on a monthly basis,  Q&A site WebAnswers is still generally my best source of income, and I recommend it without reservation for anyone looking to start earning online.  Also, don’t overlook the article-writing, revenue-sharing sites – HubPages, Squidoo, etc.  – because you can do very well with them, too.  (On a side note, Infopirate is no longer on my list of resources; the site is now closed.) 

Also, to the extent that you are engaged in the pursuit of passive income yourself, don’t forget to promote your efforts – especially  via backlinking with social media sites, like Redgage.com  (which also pays you) and Socialadr, a bookmarking service that gets you lots of free backlinks.  (In fact, you can find more on backlinking in my article on How to Get Hundreds of Free Backlinks.)  Of course, not everything you utilize needs to be free; some items are well worth the price  – e.g., Market Samurai.

Another 30/30 HubPages Challenge

Earlier this year, after starting to build hubs in earnest on Hubpages.com, I accepted the “HubChallenge.”  This was essentially self-motivational challenge to build 30 hubs in 30 days. 

Fortunately, I was able to complete the challenge.  More to the point, it seemed to have a profound effect on my earnings from that site, with income going from a little over $2 at the end of January to about $61 by the end of March. 

Hoping to duplicate that initial success, I plan to accept another 30-hubs-in-30-days challenge for the month of June.  (As before, this means building an average of one hub per day.)  Ideally, I’m hoping that the completion of a second Hubchallenge will give another impressive boost to my earnings. 

As before, there’s no guarantee that I’ll complete the challenge.  (Thankfully, there’s also no punishment for failing, just as there’s no reward for success.)  Wish me luck, and keep your fingers crossed!