May 2016 Income Report: Back To Bangkok City
When I started my journey I was just earning money from my Amazon Kindle business but now I have started to make passive income from affiliate marketing so I feel now is the time to show you my other income sources, and also my income to expenses so you can gain a little more understanding of what is involved in running of my business and blog.
I have been very busy in May trying to find a new niche and updating old books to bring in more income streams and it seems to have worked because everything has increased. My affiliate income has been the best to date as well.
Amazon Kindle Business
As most of you know, I’ve been Kindle publishing since October 2015 and it has been up and down and I have been looking as this for a way to create a passive income. ‘I don’t work, I invest my time’ I am not sure if anyone said this before but this is the way I feel about my passive income businesses.
About 2 months ago I started the Kindle course to Self-Publishing Revolution which has helped me with my Kindle business and multiply the income streams for each book helping me to increase my Kindle business royalties.
I explain why I change to the Luca Method in this post >> Why I Stopped Kindle Money Mastery And Started My Self Publishing Revolution
Here is a breakdown of how much I made from each source
Kindle Paid Royalties: $493.76 (Includes US & UK Royalties)
Kindle Unlimited Royalties: $77.74 (16’541 pages read x $0.0047 per page)
Create Space Royalties: $532.49 (Includes US & UK Royalties)
ACX Audible Royalties: $14.46
AMAZON KINDLE ROYALTY TOTAL: $1118.45
Out Sourcing Fees: $597.50
AMAZON KINDLE EXPENSES TOTAL = $597.50
Total Profit from Kindle publishing $520.95
Kindle Unlimited Pages Read
Create Space Royalties
Passive Income: Affiliate Commissions
This month my affiliate revenues have started to rise and I am so excited about this part as I never thought I would ever make money from my blog in way of affiliate commissions.
The best part about it is I have only referred people to products which I use myself and believe in and that has been huge for me as it shows people have trusted my recommendations. I am so grateful to everyone who follows my blog and believes in what I say.
Lastly I have to say I huge thank you to Johnny FD and his blogging course which has taught me how to start a blog and make money from it. I can not wait for next month and to see how I do. Check out Johnny’s course at Earnest Affiliate
Here is the overview of Johnny’s blogging course >> How To Make Money From Your Blog – Overview of Earnest Affiliate
Affiliate Commissions Total = $149.95
Click Bank: $2.72
Amazon Associates: $6.23
Grand Total Passive Income
Having only been doing this for 8 months I am pretty excited to see the rise to how much I am earning from my businesses. This is allowing me to earn whilst concentrate on the things I want to do. I do enjoy Kindle publishing it is really fun to be able to see something you have made and published and now it is earning money from it for me is an exciting thing. The blog is my most enjoyable thing which I do because it allows me to express myself and it wasn’t until recently that I was able to earn money from it which is pretty amazing.
It has been a good journey so far, if you want to know where to get started, here’s a post of where to get started
Evaer Skype Recording = $29.95
Witopia = $5.99
skype = £7.70
Aweber = $19
TOTAL = $62.64
INCOME VS EXPENSES
Total Passive Income: $1268.40
Total Expenses: $660.14
GRAND TOTAL PASSIVE INCOME PROFITS: $608.26
I feel things are getting better as time passes by, and I feel it can only get better. I hope this will inspire you to believe that you can make passive income and change your life and situation for the better. Anything is possible if you believe in yourself and what you are doing.
If you enjoyed this post and would like to know more, have a question or just say hi, please leave a comment below.