07.05.06
End of June
June has been a very strange month.
My AdSense earnings dropped alot, but the earnings from Abilca and other residual incomes made up for that. When I deduct my expenses this month, I end up with about the same as last month. I am disapointed for not reaching my goal of $80 in passive income this month. It is caused mainly by a site that loost its position in a search engine and therefore had very litle visitors. My philosophy was proven right again, visitors = money, and no visitors = no money. I have taked action against this, and hired an indian company to submit that site to 500 directories. With the increased backlinks, I hope it will be enough to get back my position in the SERPs.
My goal for July.
I plan to release two new sites this month, one that I think can be very successful in the long term, but it will probably not be that profitable for the short term. The other one can be successful right away. I will keep my goal from June, and work to get $80 in passive income at the end of July.
My summer job is not that exiting, I was exausted after my final exams, so I am taking it easy for now. I currently drive a taxi in Bergen, Norway during the weekends and have the weekdays off. The money I earn is used wisely according to Arkads plan in The Richest Man in Babylon. A part of what I earn is mine to keep, so the first 10% is immediatly put into a saving account. 70% will be used for living expenses, life is a gift and I want to live it. The last 20% are used to pay down debts. I have about 200k Norwegian kroners (about $32190) in school loan, but I dont have to pay any interest on the loan untill I have graduated. The money will be placed into another savings account for the moment, and will be used as an immediate loan payment when I graduate.
Summer came to Norway last week, and I havent really done anything with my websites since that. I will go on a one week vacation on Monday, plant to work full time with my sites when I get back. I have the time to do that now, which is a huge opportunity for me, and plan to use it.