One year ago, my energy level was at it’s lowest. I just passed my 39th birthday and I wasn’t as passionate at work as I used to be. The BIG 40 is just one year away and suddenly there seemed to be an urgency for me to relook at the priorities in life. Time is running out, I need to do things that I want to do and love before it’s too late My Bucket List , yet I need to make sure whatever choices I make is not going to affect the bread & butter that I need to bring to the table for me and my family.
I googled for “passive income” and was blown away by this website Smart Passive Income. The author of this blog, Pat Flynn has been able to constantly increase his monthly income through blogging and his last clocked income for the month was USD $98K !!! Unbelievable !!!
I wanted to test for myself whether this is too good to be true and that triggered me to start this website. One year have passed, I thought I should share my learnings. Maintaining a website can be quite a chore, if you are not blogging about something you truly loved or believed in, you probably won’t last. Your website is constantly under attack from hackers which totally drains your energy. It is a constant struggle being genuine with what you want to share vs creating sensational or advertisement contents to increase viewership. You also have to constantly network with fellow bloggers to drive traffic to your website. Finally, you need the talent to attract and connect with readers and fellow bloggers.
Below is my blogging report card, I have not break-even after one year and my ad revenue is at a meagre SGD $10.62. My website renewal expires this month and I need to fork out another USD $25.98 for domain renewal and privacy protection.
There is a chinese saying “There’s no free lunch in the world”. I guess it’s true ;-p.
Thank you so much for staying with me for 1 year :-). I will be continuing this money losing blog for another year if my hosting site doesn’t screw up on my renewal ;). What has inspired me to continue is the encouraging notes that I get from you. I hope to inspire people especially ladies to start thinking about alternative source of income instead of betting one’s life on one income & starting to scramble when something happens. Moving forward, blogging will be more of a sharing exercise for me, I don’t think I have the time nor energy to make it into a revenue generating passive income source. Too much work ;-p.
Lady, You Can Be Free Blogging Report Card
Expenditure for starting a website :
1) Hosting Site (36 months) & Domain Name (1 year)- USD $142.20
2) WordPress Template – USD $30
3) Domain Privacy Protection (1 year)- USD 4.78
Earnings from website :
1) Nuffnang Ad earnings SGD $10.62
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View Comments
Yes, it is important to maintain multiple stream of income (as passive as possible).
For online marketing/blogging monetization to work, traffics is utmost important..
Besides Nuffnang, you might want to look at Google's Adsense and Infolinks.
All the best.
Hi Richard,
Thanks for the tip :-).
Yes, I'm inspired by your blog! Keep up the good work. But maintaining a blog is really hard work.
Hi Pf,
Thanks for cheering me on :).
why not use free blogging website? is there a difference?
Hi Walter,
Good point. Free blogging sites have rules & restrictions. There's more flexibility managing own website but it comes with more responsibility when it comes to maintenance.
Hi there, you might want to just try blogger and use a custom domain name. It's much cheaper and blogger is actually very customisable if you use your own blog templates.
Cheers,
Royston
Hi Royston,
Thanks for the tip. Will check it out :).
Hi, thanks for deciding to continue blogging. I too am single and have been inspired by your posts. I used to aim for a few hundred dollars in monthly dividends to offset some daily expenses but after learning that you collect whopping amount of dividends monthly, I am inspired to do the same :) Thanks for showing that it is possible!
Hi Aurora,
You have a beautiful name. I saw the Aurora this year, it was an amazing sight and experience. I'm glad you got the msg that I was trying to pass on. Hope you can pass on this insight to your other friends as well. Do keep me posted on your progress and hope you achieve your targets soon :-)
Thank you for your encouragement. Many of my peers (and family members) believe in working and saving but not investing. I tried to talk to them about investing in stocks but somehow they do not subscribe to the idea of passive income or do not believe that passive income can cover their expenses. Many are worried about losing money in the stock market. It is not easy to convince people to invest and this is the reason I really appreciate bloggers like you who take time and effort to share your journey and inspire others :)
Hi,
This is probably my first comment in your blog. Your blog inspired me many months ago. I'm amazed that a lady like you can invest to get such good passive income. It is possible to earn from blogging but to say the truth, it won't be much for financial bloggers in Singapore. A few hundred to 2 hundred dollars a month is probably very good already. But then again, we really do have to write for passion. That's what keeps us going. Continue writing and inspiring :)
Hi SGYI,
I am an avid reader of your blog :-). The effort you pour into your blog and the quality of content is amazing. I really loved the fact that you and a couple of other bloggers in your age group seemed to be carrying on a "mission" to educate your peers and the young ones. Keep it up :). Thanks for the insight in terms of how much one can probably earn per month through blogging. Maybe I should work abit harder to at least cover my expenses in blogging. Else, this site would become a liability when I retire :)
If you hv to work at this, then the income won't be passive anymore. Haha....
Dilemma.
Hi Pf,
I love your sense of humor :). So cute ...
true, i guess for people like you, the aim is not so much to make more passive income as yours is already snowballing. the main aim is to reach out to people and tell them that its possible!!!
Hi Paul,
Yes ! It's definitely possible :-). Please help spread the insight. BTW, I am still looking at growing my passive income though :-p
Thanks for the very encouraging posts. I hope I can be like you too. I am near 40 lady also. but $ far far from my goal :( you are an inspiration !
Hi Scorpio,
It's never too late to start ! :-)
Wonder if you might be better off using a free hosting website instead (like Blogspot)?
Must say that my ad revenue has been equally pathetic. Supposedly at $13.71 but have yet to smell a cent. *sniff*
Hi Lizardo,
Actually, we might be better off taking the ads down. Maybe then they would be forced to contact us and negotiate a better rate :-P.