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online income report income diary report how to make money online
Reports,

September 2017 (Online Income: $225.19)

Welcome to my income diary. If you wonder how do websites make money and how to make money with a website, you may find my reports useful.

I release reports on my online income every month. In 2017, I am projected to make $15k on online income.


I’ve received many e-mails concerning this matter. Most people ask me “What can I do to start a side online business?” or “What can I do to make a few hundred bucks at the end of the month”? First, know that I offer consulting services for this, on 1:1 consultations. Either way, let me hash out a general recipe here:

0) Choose a niche. Many people choose niches based on keyword search. I highly recommend people to blog about what they are passionate about instead. If you add value, any niche will work out for you.

1) Set up a website. I host my website on Bluehost, which I highly recommend. For one, its cheap, two is highly reliable. If you are interested in starting a blog of your own, I created a tutorial here, to help you start off.

2) Blog. A lot. You may have noticed that I’ve posted twice in the month, on specific months when I started From cents to Retirement. Doesn’t work. It won’t tie people in, it won’t please search engines and your blog will rapidly be forgotten. Note that I am not saying “publish crap”. Do not, if you expect to have loyal fans and grow. But do not forget to publish.

3) Promote your blog. A big part of having your blog out there for people to see is through high-quality posts – eventually, people will share. Promoting your blog will not only get it out there faster but deeper. Promoting your blog can be very hard, but its necessary.

4) Monetize. Adsense is an option. I like Amazon a lot. If you offer consultancy services, as I do, you need to show you can do it yourself first, but clients will pop up eventually.


So, how did I make $225.19 this month? First, the breakdown:

Bluehost : $0 (vs $0 in April)
Affiliate marketing : $116.09 (vs $54.75 in August)
My book : $49.10 (vs $23.40 in August)
Consultancy fees : $0 (vs $170 in August)
Google adsense : gave up!
Paid surveys : $0 (vs $0 in June)
Sponsored posts on other sites : $60

Total : $225.19

Disclaimer: the BlueHost and the Amazon links are affiliate links, which means that I get commissions if you buy products or services through them. The amounts reported above are before any fees, taxes or expenses. I can’t say exactly how much I will net from this.

I haven’t consulted as I am still sick and I don’t feel like consulting. I feel dizzy and overwhelmed, and I experience nausea throughout the day.

Note that although I am committed to release my income diary and help those who want to know how to make money with a blog, if they and blogging for money, my primary focus is not to make money with the blog, but create a very valuable platform that people love.

Expenses

I didn’t have any expenses with the blog this month.

Views

Even though the dizziness and nausea don’t seem to want to go away, I was able to publish more posts and to post more on Quora, which increased the traffic a bit (check the figure below) I still have no time for proper promotion and write some awesome posts I had in mind, but at least I could do more. I hope to get these things fixed until the end of the year, otherwise I will never come close to what I thought I could do with From Cents To Retirement.

blog views September 2018

and the number of sessions:

 

sessions september 2018

It is funny how the number of sessions went up by 35%, compared to last month, and the average session duration didn’t even change by a second. Remarkable! 🙂 The bounce rate decreased a little bit (although I think I’d be getting like 60% at most) and the rest of the stats improved altogether.

Like I said before, being in a state where I experience dizziness and nausea on a daily basis, I can’t keep up with the expectation of writing 10 guest posts a month. Even one guest post sounds like a very hard challenge to me right now, but I was able to write one this month. Next month, I think I could write 4 or 5.

My authority decreased slightly since the last update (domain authority decreased from 34 to 33 and page authority from 45 to 43). I need to reverse this aggressively but publishing more guest posts and promoting the blog further, which I hope to do next month!

My Alexa rank continues to tank but I am not that concerned with it, as there is a strong connection with traffic:

alexa rank september 2018

 

 

Social Media

I’ve been working really hard on my Facebook page, and I could grow it by almost 100 likes this month, to a total of 1158 likes. This is an increase of about 8.3%, which, if maintained, would mean a total of 1470 likes by the end of the year. I know, this is so far away from my goals that I feel that I threw a random number out there, but we must consider that I’ve been sick and not hustling as I thought I would do!

 

As I said before, I am not keeping track of Pinterest.

As for the subscriber count, I was able to grow it from 1181 to 1259, which means an increase of about 6.2%, much better than 2% in August. As I will send a few newsletters until the end of the year, this number will decrease, I am sure, but I hope to be stable at 1500 subscribers at the end of the year.

Goals for September 2017:

  • Increase the number of likes on my Facebook page to 1250. FAIL. Again, an aggressive goal, which resulted in failure. I need to work more on my Facebook page.
  • Increase the number of blog subscribers to 1250. DONE! This is actually a very good result
  • Write at least 1 guest post. DONE! Not bad for a guy that seems best friends with dizziness! Check my interview for PhysicianOnFire, here.
  • Make about $350 online. FAIL. I still managed to do almost $250, which is not bad at all given the circumstances.

Goals for October 2017:

  • Increase the number of likes on my Facebook page to 1400.
  • Increase the number of blog subscribers to 1400 (aggressive goal, but I think I will get there).
  • Write at least 2 guest posts.
  • Make about $250 online.

In the meantime, let me know if this information is useful to you in the comment section down below.

Your biggest fan,
Ben Davis

net worth update
Reports,

Net worth update: September 2017 (269,935.44€)

My current net worth is €269,935.44 (40.28% of my first goal – €670K).

net worth September 2017

Finally, a decent net worth increase… After so many months of sideways updates, I finally have a decent increase. However, this one is primarly due to rental property #4, which has finally been transfered into my name. I bought the property for €50,000, but I suspect I can sell it for at least €70,000 – I will do a complete post on this soon.

I have already started to cash out some dividends out of my real estate company, which will go exclusively towards the renovation of rental property #3. Therefore, they don’t show up here, as the renovation has already started and I moved the funds directly to the contractor’s account. I will update the value of rental property #3 in the next net worth update.

Despite I have a considerable net worth increase this month, I still think my net worth should be growing faster. In fact, this increase has exclusively to do with the acquisition of rental property #4, and I hope that I can sell it until the end of the year (the post will say exactly why). If I don’t sell it, this net worth increase will not mean a lot;

You can see that I am also having less and less cash. This will not put me in a comfortable situation if there is any significant market correction soon (both in the stock market and real estate). This is another reason why I want to resell RP#4, for a profit. I will definitely hold onto the cash then, unless I see another quick flip like what RP#4 seems to be.

It is too bad I am still anxious about getting financially independent, but pragmatically speaking, I am quite on track. I feel I should be enjoying life calmly, while testing small things here and there to accelerate my growth. I wouldn’t mind being this uncomfortable with my growth, if I was completely healthy because I actually happen to think that it could play to my favor. However, being dizzy, tired and weak, I wish I was more calm.

I am still struggling with permanent dizziness but I could post quite more often than in the last months. I also prepared some awesome posts for October and hopefully I will stay one month ahead so that there is no shortage of posts on the blog.

Rental income

RP#1 actually become my Primary Property (PP), as I said before, so it will show up as such in the next reports.

The rental income in September was, again, €1,055.  I said that I was going to cash in €1,270, but I forgot that one of the units in RP#2 doesn’t pay rent in August. In October, I will cash in €1,460, which will be the highest rental income I’ve ever received in a month. As I said, this should be very close to €2,000 in December or January next year, once the renovation or RP#3 is finished.

The renovation of RP#3 has already started, as I said above, and I’ve been using the dividends from my company to fund it. I will do a complete post on this renovation later this month (I will even include pictures ;)).

Online income

My online income for September was better than in the last months, because I posted more, which generated more sales. I will comment on this in the online income report/income diary.

My Real Estate business

My Real Estate business is growing steadily. I still expect to make about €25,000 net with my company until the end of the year. Next year, I will try to make about €100,000.

Goals for September

All goals for September were achieved!

  1. Calm the f* down, and enjoy life without thinking about Early Retirement and how to grow my net worth faster. Partially DONE. Still not as I would like to, but better than last months.
  2. Take 3 days off to write my second book, relax a lot, watch movies and TV series. Partially DONE. I could indeed write another chapter of my second book and did watch a movie. Need to improve this next month.
  3. Write at last 4 posts on the blog. DONE.
  4. Go to bed before 11pm every day. DONE. In the future, I will try to do it at 10.30. For now, let’s stick to 11pm for another month or so.
  5. Start the nofap protocol (for health reasons, not social phobia or anything like that). DONE. This is a really though protocol, but I can see the merits. I will go clean in October again.
  6. Make at least $200 online and write 1 guest post. DONE. I actually wrote 2 guest posts and made more than $200 online. 😉

Goals for October

  1. Continue to calm the f* down even more, and enjoy life without thinking about Early Retirement and how to grow my net worth faster.
  2. Take 3 days off to finish my second book, relax a lot, watch movies and TV series.
  3. Put the computer away on Sundays.
  4. Write 8 posts on the blog.
  5. Go to bed before 11pm every day.
  6. Continue the nofap protocol (for health reasons, not social phobia or anything like that).
  7. Make at least $200 online and write 5 (yes, FIVE) guest posts.
  8. Increase my page authority beyond 50.

Enjoy life guys!

Ben

online income report income diary report how to make money online
Blog, Reports,

August 2017 (Online Income: $248.14)

Welcome to my income diary. If you wonder how do websites make money and how to make money with a website, you may find my reports useful.

I release reports on my online income every month. In 2017, I am projected to make $15k on online income.


I’ve received many e-mails concerning this matter. Most people ask me “What can I do to start a side online business?” or “What can I do to make a few hundred bucks at the end of the month”? First, know that I offer consulting services for this, on 1:1 consultations. Either way, let me hash out a general recipe here:

0) Choose a niche. Many people choose niches based on keyword search. I highly recommend people to blog about what they are passionate about instead. If you add value, any niche will work out for you.

1) Set up a website. I host my website on Bluehost, which I highly recommend. For one, its cheap, two is highly reliable. If you are interested in starting a blog of your own, I created a tutorial here, to help you start off.

2) Blog. A lot. You may have noticed that I’ve posted twice in the month, on specific months when I started From cents to Retirement. Doesn’t work. It won’t tie people in, it won’t please search engines and your blog will rapidly be forgotten. Note that I am not saying “publish crap”. Do not, if you expect to have loyal fans and grow. But do not forget to publish.

3) Promote your blog. A big part of having your blog out there for people to see is through high-quality posts – eventually, people will share. Promoting your blog will not only get it out there faster but deeper. Promoting your blog can be very hard, but its necessary.

4) Monetize. Adsense is an option. I like Amazon a lot. If you offer consultancy services, as I do, you need to show you can do it yourself first, but clients will pop up eventually.


So, how did I make $248.14 this month? First, the breakdown:

Bluehost : $0 (vs $0 in April)
Affiliate marketing : $54.75 (vs $71.80 in July)
My book : $23.40 (vs $13.55 in July)
Consultancy fees : $170 (vs $130 in July)
Google adsense : gave up!
Paid surveys : $0 (vs $0 in June)

Total : $248.14

Disclaimer: the BlueHost and the Amazon links are affiliate links, which means that I get commissions if you buy products or services through them. The amounts reported above are before any fees, taxes or expenses. I can’t say exactly how much I will net from this.

I haven’t consulted much, as I was sick and honestly, not keen on doing consulting. Yet, I collected a check from previous consulting hours.

Note that although I am committed to release my income diary and help those who want to know how to make money with a blog, if they and blogging for money, my primary focus is not to make money with the blog, but create a very valuable platform that people love.

Expenses

I didn’t have any expenses with the blog this month.

Views

Sadly, I am still sick – I experience nausea and dizziness on a daily basis. This makes me have way less time to write for the blog, produce kick ass content and promote it correctly.

Although last month was very bad, this month was even worse and the worse in the last 12 months… when it comes to visits. Remember that I am looking to my blog on a 5-10 year horizon. I don’t care about money, I want to create value and a nice platform to deliver kick ass content! The views will increase at some point, I am sure.

august blog views

and the number of sessions:

sessions august 2017

Considering the very low activity of the blog, I should be happy that my authority hasn’t decreased… Being this sick, it is impossible to keep up with the expectation of writing 10 guest posts a month. Even one guest post sounds like a very hard challenge! Since the last update, my authority actually increased (while the domain authority is still at 34, page authority has gone up from 44 to 45). This will probably decline if I don’t post more often and I don’t write guest posts…

My Alexa rank continues to tank but again, I am not that concerned:

alexa stats 2017

 

Social Media

This month my Facebook page grew by 63 likes to a total of 1062 likes, which is again on the lower end, as we are talking about an increase of about 5%. As I said last month, I had a few tricks I could use to grow my Facebook page and these seem to work beautifully. I am sure that the 5k like mark I talked about in a previous report is almost impossible…

As I said before, I am not keeping track of Pinterest.

The subscriber count grew from 1154 to 1181, which means a shy increase of about 2%. I would like to hit 2,000 subscribers until the end of the year. Let’s see how I do until then.

Goals for August 2017:

  • Increase the number of likes on my Facebook page to 1200. ALMOST DONE. I had a reasonable goal, but I am not far from it, so I am am not said with where I stand at.
  • Increase the number of blog subscribers to 1250. FAIL. I assumed that if I managed to post more often, the number of subscribers would go up.
  • Write at least 2 guest posts. FAIL. Being sick sucks!
  • Make about $500 online. FAIL. Not posting often can’t lead to much money.

Goals for September 2017:

  • Increase the number of likes on my Facebook page to 1250.
  • Increase the number of blog subscribers to 1250.
  • Write at least 1 guest post.
  • Make about $350 online.

In the meantime, let me know if this information is useful to you in the comment section down below.

Your biggest fan,
Ben Davis

net worth update
Reports,

August 2017 (251467.24€)

My current net worth is €251,467.24 (37.53% of my first goal – €670K).

august net worth

Errr… “why am I growing my net worth so slowly?” is the type of thought that floats around my head most of the time, when it comes to money. Although my company is doing relatively well, I planned to hit a net worth of about 300,000€ this year. Not sure I will able to (even though I will be withdrawing about 30,000€ in dividends from my company next month).

This month, my lower increase has to do with the fact I had to pay my IRS from 2016.

There is an elephant in the room that I must address. Although I feel comfortable with my current lifestyle (not my health – that comes below), I feel that my net worth should be increasing much faster. I see people becoming rich all around me, and sometimes I feel my own wealth should increase faster. Being anxious doesn’t help health or success, so I will try to work on this very hard, and learn to live calmly and stress-free. Enjoying life should be a top priority.

As for my lifestyle, I am living alone in a renovated rental and I drive a nice car. I’ve got plenty of time to rest and do my own things, as my job only requires my presence every now and then. Yet, my job is still causing me stress, because whenever I need to go to my employer I need to drive 300km and leave my home (and comfort zone) altogether.

As for my health, I am still struggling with permanent dizziness and that is why I haven’t been posting as regularly as before. It has been 8 months feeling dizzy now, and I hope this changes soon. I made some progress, but I am still not:

  1. Meditating for 15-30 minutes every single day.
  2. Going to bed between 10pm and 10.30pm.

Until the end of the year, I will:

  1. look into diversifying my investments to land.
  2. Be a silent partner in a bigger Real Estate company.
  3. Finish the renovation of Rental property #3, and start a line of credit based on it. 

Rental income

I am living in RP#1, as I said before. This property is listed for sale at the same time and I may actually receive offers soon, according to the broker. If I do sell, I will try to strike a deal for a 1-year leasing contract and stay here until the end of the year, while looking for another primary property and investing the capital somewhere else. The plan is pretty much the same: I will put €35k to work and throw €10k into P2P lending / the stock market, as I said before.

The rental income in August was €1,055. This was due to one my leasings, which exempts the tenants from the rent in August, as they are students. In September, I will cash in €1,270. Until December, the rental income will increase by 540€, as I secured a lease on the 3 units of RP#3, after I renovate it. Sadly, I could not start the renovation of the property yet, due to legal issues, but it will start next month for sure. This will increase the rental income to €1,810/mo. As I said last month, the garage of RP#4, which I bought last month, is rented for €190/mo, thus increasing the total rental income to €2,000/mo.

This is why I said I was positive I will hit €2,000 until the end of the year. After this year, I will start a 175k line of credit (I will write a post exclusively on this) giving RP#3 as collateral. This will enable me to increase my rental income to €3,000/mo, at least.

Online income

My online income for August was also bad, as I barely invested anytime online. I will comment on this in the online income report/income diary.

My Real Estate business

My Real Estate business is growing steadily. I still expect to make about €25,000 net with my company until the end of the year. Next year, I will try to make about €100,000.

 

Goals for August

August’s goals were reasonably achieved:

  1. Spend more time in nature and do things I love. DONE.
  2. Optimize supplementation. DONE.
  3. Take one week entirely to write my second book, relax a lot, watch movies. FAIL. Permanent dizziness was the reason though.
  4. Plan the renovation of RP#3 and furniture RP#1 entirely (so I can live there properly). DONE.
  5. Write a lot on the blog. Two posts a week and do not fail. FAIL. Permanent dizziness was the reason though.
  6. Make at least $200 online and write 1 guest post. FAIL. Permanent dizziness was the reason for this too.

Goals for September

  1. Calm the f* down, and enjoy life without thinking about Early Retirement and how to grow my net worth faster.
  2. Take 3 days off to write my second book, relax a lot, watch movies and TV series.
  3. Write at last 4 posts on the blog.
  4. Go to bed before 11pm every day.
  5. Start the nofap protocol (for health reasons, not social phobia or anything like that).
  6. Make at least $200 online and write 1 guest post. 

Enjoy life guys!

Ben

online income report income diary report how to make money online
Blog, Reports,

July 2017 (Online Income: $215.35)

Welcome to my income diary. If you wonder how do websites make money and how to make money with a website, you may find my reports useful.

I release reports on my online income every month. In 2017, I am projected to make $15k on online income.


I’ve received many e-mails concerning this matter. Most people ask me “What can I do to start a side online business?” or “What can I do to make a few hundred bucks at the end of the month”? First, know that I offer consulting services for this, on 1:1 consultations. Either way, let me hash out a general recipe here:

0) Choose a niche. Many people choose niches based on keyword search. I highly recommend people to blog about what they are passionate about instead. If you add value, any niche will work out for you.

1) Set up a website. I host my website on Bluehost, which I highly recommend. For one, its cheap, two is highly reliable. If you are interested in starting a blog of your own, I created a tutorial here, to help you start off.

2) Blog. A lot. You may have noticed that I’ve posted twice in the month, on specific months when I started From cents to Retirement. Doesn’t work. It won’t tie people in, it won’t please search engines and your blog will rapidly be forgotten. Note that I am not saying “publish crap”. Do not, if you expect to have loyal fans and grow. But do not forget to publish.

3) Promote your blog. A big part of having your blog out there for people to see is through high-quality posts – eventually, people will share. Promoting your blog will not only get it out there faster but deeper. Promoting your blog can be very hard, but its necessary.

4) Monetize. Adsense is an option. I like Amazon a lot. If you offer consultancy services, as I do, you need to show you can do it yourself first, but clients will pop up eventually.


So, how did I make $215.35 this month? First, the breakdown:

Bluehost : $0 (vs $0 in April)
Affiliate marketing : $71.80 (vs $118.66 in June)
My book : $13.55 (vs $99.94 in June)
Consultancy fees : $130 (vs $0 in June)
Google adsense : gave up!
Paid surveys : $0 (vs $0 in June)

Total : $204.86

Disclaimer: the BlueHost and the Amazon links are affiliate links, which means that I get commissions if you buy products or services through them. The amounts reported above are before any fees, taxes or expenses. I can’t say exactly how much I will net from this.

As for consultancy fees: I haven’t consulted this month, for the second consecutive month, because as I said earlier this week, I’ve been very sick in the second half of June. If I am well, I plan to consult a lot until the end of the year.

Note that although I am committed to release my income diary and help those who want to know how to make money with a blog, if they and blogging for money, my primary focus is not to make money with the blog, but create a very valuable platform that people love.

Expenses

I didn’t have any expenses with the blog this month.

Views

Sadly, I am still sick – I experience nausea and dizziness on a daily basis. This makes me have way less time to write for the blog, produce kick ass content and promote it correctly.

This was the lowest month – in terms of views – in the past 12 months! I ain’t sad about it, though. As I said last month, I am looking to my blog on a 5-10 year horizon. I don’t care about money, I want to create value and a nice platform to deliver kick ass content!

views july 2017

and the number of sessions:

IMG

I am happy with the progress in terms of authority, but I know this will not keep increasing unless I re-start guest posting. Being this sick, it is impossible to keep up with the expectation of writing 10 guest posts a month. Even one ain’t possible – remember I am not producing enough content for my own blog at this point! My authority seems stable right now (Domain authority is at 34 and Page authority at 44). This will probably decline if I don’t post more often and I don’t write guest posts…

My Alexa rank also decreased accordingly but again, I am not that concerned:

alexa ranking july

 

Social Media

This month my Facebook page grew by 195 likes to a total of 999 likes, which compares really well against the previous months, representing an increase of 20%. As I said last month, I had a few tricks I could use to grow my Facebook page and these seem to work beautifully. Next month, I will go all in with this trick and hopefully grow beyond 1000 likes. I won’t hit 25k likes until the end of the year, which was my goal, but I think that I can still reach 5k without ads.

As I said before, I am not keeping track of Pinterest, and I will hire a VA to take care of it for me.

The subscriber count grew from 1091 to 1154, wich means an increase of about 6%. I didn’t grow as much as I expected because although I wrote many guest posts, most of them weren’t published yet. I am still convinced that the goal of reaching 6000 subscribers until the end of the year is achievable because I have a few tricks that I will use, and I still expect to be featured on major sites.

Goals for June 2017:

  • Increase the number of likes on my Facebook page to 1000. DONE! I’ve continued with the same technique I’ve used before, and it works really well. I believe I can escalate my Facebook page further, as long as I am not sick.
  • Increase the number of blog subscribers to 1200. ALMOST DONE. I have now a total of 1157 subscribers.
  • Increase the number of followers on Twitter to 350. FAIL. I haven’t promoted my Twitter account at all. I simply lack the time to do this.
  • Write at least 10 guest posts. FAIL. Having been so sick, I didn’t have the time to create enough content for my own blog, so I ended up not writing any guest posts.
  • Reach at least 40k views on my blog.
  • Make about $1000 online. FAIL. I have been sick, that says it all.

Goals for July 2017:

  • Increase the number of likes on my Facebook page to 1200.
  • Increase the number of blog subscribers to 1250.
  • Write at least 2 guest posts.
  • Make about $500 online.

In the meantime, let me know if this information is useful to you in the comment section down below.

Your biggest fan,
Ben Davis

net worth update
Reports,

July 2017 (250930.54€)

My current worth is €250,930.54 (37.45% of my first goal – €670K).

july net worth

OK, I am onto something now. Not only I was able to increase my net worth by 2000 euros, as I was also able to spend more money with my lifestyle (aka healthcare costs). Plus, my company is doing well and I am loving it.

I am also way less anxious, in general. This is also true for my early retirement plan. I will tell you why:

  1. I am living alone, in one of my previous rentals, spending tons of money with my dizziness and adrenal fatigue, and yet I am able to increase my net worth.
  2. My company is doing well and honestly, I don’t think I must running like Bolt (or Gatlin, for that matter).
  3. I am positive I will be financially free when I turn 33.
  4. It is time to finally calm the f* down and enjoy life. I’ve been running my entire life and the result hasn’t been that I was looking for.

This month I was still very dizzy. However, after a lot of reading, I am finally improving my adrenal fatigue. These are the things I want to do regardless of what happens:

 

  1. I will continue to meditate for 15-30 minutes every single day.
  2. I will go to bed between 10pm and 10.30pm.
  3. I am looking into diversifying my investments to land.
  4. I will still try to be a silent partner in a bigger Real Estate company.
  5. I am relaxing and doing sports like no other time in the last 4 years. The next things to do is to write my following books and escalate my online businesses.
  6. I will start a line of credit based on my current portfolio.

As far as posting on FCTR, I am sorry but I’ve been so dizzy this is nearly impossible now.  I even struggle to write the net worth and online income posts. I promise to try to write at least a post every week. Hopefully, I will treat my dizziness in the next months and then come back to post as often as I was posting.

Rental income

I am living in RP#1, as I said before. This property is listed for sale at the same time. I believe that I will be living until the end of the year, until when I expect to acquire a new property to live in myself. I will get another mortgage for this new home. If I do sell RP#1, I will put €35k to work and throw €10k into P2P lending, as I said before.

The rental income in July was €1,195. This month, it will be slightly higher and then increase substantially until the end of the year. I actually believe that I will hit €2,000 until the end of the year!

In the meantime, I gotta tell you that I bought RP#4! This is a fix and flip without any fixing. I was able to acquire this property for €50,000 and I am confident I will sell it for about €75,000. The garage of the property is rented for €190/mo, so I won’t even be concerned while the property is listed (probably for €99,990).

 

This month, I will finally start the renovation works in RP#3. Like I said, I estimate they will cost me about €25,000. Last time I said I was not sure where I was going to get the money from. Well, now I know: my company has enough money lying around and I will withdraw some dividends – just enough to pay for the renovation works. In fact, I think that I will use a €5,000 bonus I will get from my employer. After this renovation, I have already agreed to rent out 3 units to a sub-leasing company, for a total of €500 per month (which is an essential step to hit €2,000 until the end of the year).

Online income

My online income for July was also bad, as I barely invested anytime online. I will comment on this in the online income report/income diary.

My Real Estate business

My Real Estate business is growing steadily as I was able to do some small biz. I expect to make about €25,000 net with my company until the end of the year. Next year, I will try to make about €100,000.

Goals for July

July’s goals were mostly failed:

  1. Make sure I take medication that works, keep calm, do things I love (like sports, great food, etc) and enjoy life (sounds crazy but I haven’t been doing this). DONE. I will though to learn more and more about adrenal fatigue and neck pain.
  2. Take one week entirely to write my second book, relax a lot, watch movies. FAIL. Permanent dizziness was the reason though.
  3. Plan the renovation of RP#3 and furniture RP#1 entirely (so I can live there properly). FAIL. Pushed this to August.
  4. Write a lot on the blog. Two posts a week and do not fail. FAIL. Permanent dizziness was the reason though.
  5. Start leaving medication and introducing supplements gently. DONE. I will learn more and more about adrenal fatigue and neck pain and introduce more and more supplements as time goes by.
  6. Make at least $200 online and write 1 guest post. FAIL. Permanent dizziness was the reason for this too.

Enjoy life guys!

Ben

online income report income diary report how to make money online
Blog, Reports,

June 2017 (Online Income: $204.86)

Welcome to my income diary. If you wonder how do websites make money and how to make money with a website, you may find my reports useful.

I release reports on my online income every month. In 2017, I am projected to make $15k on online income.


I’ve received many e-mails concerning this matter. Most people ask me “What can I do to start a side online business?” or “What can I do to make a few hundred bucks at the end of the month”? First, know that I offer consulting services for this, on 1:1 consultations. Either way, let me hash out a general recipe here:

0) Choose a niche. Many people choose niches based on keyword search. I highly recommend people to blog about what they are passionate about instead. If you add value, any niche will work out for you.

1) Set up a website. I host my website on Bluehost, which I highly recommend. For one, its cheap, two is highly reliable. If you are interested in starting a blog of your own, I created a tutorial here, to help you start off.

2) Blog. A lot. You may have noticed that I’ve posted twice in the month, on specific months when I started From cents to Retirement. Doesn’t work. It won’t tie people in, it won’t please search engines and your blog will rapidly be forgotten. Note that I am not saying “publish crap”. Do not, if you expect to have loyal fans and grow. But do not forget to publish.

3) Promote your blog. A big part of having your blog out there for people to see is through high-quality posts – eventually, people will share. Promoting your blog will not only get it out there faster but deeper. Promoting your blog can be very hard, but its necessary.

4) Monetize. Adsense is an option. I like Amazon a lot. If you offer consultancy services, as I do, you need to show you can do it yourself first, but clients will pop up eventually.


So, how did I make $204.86 this month? First, the breakdown:

Bluehost : $0 (vs $0 in April)
Affiliate marketing : $118.66 (vs $72.60 in April)
My book : $86.20 (vs $99.94 in April)
Consultancy fees : $0 (vs $0 in April)
Google adsense : $0 (vs $0 in April – I removed all ads from the blog)
Paid surveys : $0 (vs $0 in April)

Total : $204.86

Disclaimer: the BlueHost and the Amazon links are affiliate links, which means that I get commissions if you buy products or services through them. The amounts reported above are before any fees, taxes or expenses. I can’t say exactly how much I will net from this.

As for consultancy fees: I haven’t consulted this month, for the second consecutive month, because as I said earlier this week, I’ve been very sick in the second half of June. If I am well, I plan to consult a lot until the end of the year.

Note that although I am committed to release my income diary and help those who want to know how to make money with a blog, if they and blogging for money, my primary focus is not to make money with the blog, but create a very valuable platform that people love.

Expenses

I didn’t have any expenses with the blog this month.

Views

Sadly, being sick and having way less time to write for the blog, produce kick ass content and promote it correctly is obviously not let me achieve the expectations I had before. This month, I didn’t experience any growth in terms of views – they are essentially going sideways. I am still happy with a steady, slow but consistent growth, as I look to my blog on a 5-10 year horizon. I don’t care about money, I want to create value and a nice platform to deliver kick ass content, and blow people out of the water.

I am happy with the progress in terms of authority, but I know this will not keep increasing unless I re-start guest posting. Being this sick, it is impossible to keep up with the expectation of writing 10 guest posts a month. Even one ain’t possible – remember I am not producing enough content for my own blog at this point! I actually had a domain decline (from 37 to 33) and a slight increase in page authority (from 43 to 44).

Although I didn’t have many guest posts published in June, my traffic stayed constant. I am still waiting to be featured on a major site.

views june 2017

and the number of sessions:

sessions june 2017

My Alexa rank is good and there is not much to say about it:

alexa stats 2017

Social Media

This month my Facebook page grew by 195 likes to a total of 999 likes, which compares really well against the previous months, representing an increase of 20%. As I said last month, I had a few tricks I could use to grow my Facebook page and these seem to work beautifully. Next month, I will go all in with this trick and hopefully grow beyond 1000 likes. I won’t hit 25k likes until the end of the year, which was my goal, but I think that I can still reach 5k without ads.

As I said before, I am not keeping track of Pinterest, and I will hire a VA to take care of it for me.

The subscriber count grew from 1091 to 1154, wich means an increase of about 6%. I didn’t grow as much as I expected because although I wrote many guest posts, most of them weren’t published yet. I am still convinced that the goal of reaching 6000 subscribers until the end of the year is achievable because I have a few tricks that I will use, and I still expect to be featured on major sites.

Goals for June 2017:

  • Increase the number of likes on my Facebook page to 1000. DONE! I’ve continued with the same technique I’ve used before, and it works really well. I believe I can escalate my Facebook page further, as long as I am not sick.
  • Increase the number of blog subscribers to 1200. ALMOST DONE. I have now a total of 1157 subscribers.
  • Increase the number of followers on Twitter to 350. FAIL. I haven’t promoted my Twitter account at all. I simply lack the time to do this.
  • Write at least 10 guest posts. FAIL. Having been so sick, I didn’t have the time to create enough content for my own blog, so I ended up not writing any guest posts.
  • Reach at least 40k views on my blog.
  • Make about $1000 online. FAIL. I have been sick, that says it all.

Goals for July 2017:

  • Increase the number of likes on my Facebook page to 1200.
  • Increase the number of blog subscribers to 1250.
  • Write at least 2 guest posts.
  • Make about $500 online. 

In the meantime, let me know if this information is useful to you in the comment section down below.

Your biggest fan,
Ben Davis

net worth update
Reports,

June 2017 (248842.76€)

My current worth is €248,842.76 (37.14% of my first goal – €670K).

net worth june

Finally, a small increase in net worth. Nothing really important happened except for moving my emergency funds to government bonds and saving €1000 from my salary. Yet…

I am SO frustrated…

I live times of anxiety, to be honest. I want to accelerate my dream to be financially independent, especially whenever I get worse from CFS.

It seems that I am walking very slowly towards my dream – not RUNNING like Bolt…

This month, I got a lot worse. As you may have noticed, I haven’t posted much this month. That is because I was dizzy for like 90% of the time. Fortunately, this got better last week. I can see a few things that affect my health in a negative way:

  1. I am not really living the life I want. I want to do business. Make serious money fast. Not making collecting 200 buck rents every month while sending someone over to check
  2. I am not into my research job. It doesn’t excite me anymore. Getting to the best conferences won’t even change my mood. I’d rather be running a business selling homes for most of the time.
  3. I get frustrated if I see people making money really fast. It is taking me for god damn ever to do that.
  4. I am not really improving my life, although I live where I want to live. I am not 100% free as I use to be. Small deals and responsibility fill up my mind constantly.
  5. My body doesn’t seem to relax and enjoy the moment like it used to. I can’t really understand why.

A few things I started to do, which I believe will improve all this together:

  1. I will start a 90-day 15-30 minute meditation challenge. I don’t care which day it is or what came up. I will meditate no matter what.
  2. I will try to be a silent partner in a bigger Real Estate company. The bottom line is, I don’t want to be there (as I have a job and a gazillion of things to worry about), but I want to be part of something greater.
  3. I am going to diversify my investments to land. There is a ton of subsidies nowadays, so I will meet up with someone who knows what this market and start acquiring land.
  4. I am taking one week every three weeks to (1) relax and do sports, (2) write my following books and (3) escalate my online businesses. I am seriously committed to this.
  5. last, but not least, I will carefully study a line of credit based on my current portfolio (a post is coming soon). This is the equivalent to cash refinance in the US, just so you know what I am talking about. This will be a huge step in enlarging my real estate portfolio, should it be taken.

Rental income

I moved temporarily to RP#1, as I said before. This property is listed for sale at the same time. I believe that I will be living until the end of the year, until when I expect to acquire a new property to live in myself. I will get another mortgage for this new home. If I do sell RP#1, I will put €35k to work and throw €10k into P2P lending, as I said before.

The rental income in June was only €1,195 because some of my tenants on RP#3 simply vanished! Remember I was going to have a contracted automatically bumped by €50? Yeah, forget that. Those tenants are gone! They haven’t damaged the property at all and actually left it completely cleaned. However, they left without a warning – which is a contract break. 

Now, the good news. I rented out another unit in RP#3 (for €240) starting from August 1st. Again… on the last day of the month! 🙂 This means that RP#3 alone will be collecting €755.

The other good news is that without the tenants who left, I can start working on the renovation of the remaining units in RP#3. I estimate this will cost me about €25,000. Not sure where I will get the money from, to be honest. After this renovation, I have already agreed to rent out 3 units to a sub-leasing company, for a total of €500 per month. This will be an 8-10 year contract. This means that RP#3 will yield €1,255. Considering the rental income from RP#2 (and assuming 0 dollars from RP#1), I will total €1,770/mo until the end of the year, assuming I don’t buy further real estate.

Online income

My online income for June was bad, as I barely invested anytime online. I will comment on this in the online income report/income diary.

My Real Estate business

My Real Estate business didn’t really witness a growth but I hope to change this quite soon.

Goals for June

June’s goals were miserably failed. A lot happened, but I was sick for most of the time. Being sick most of the time sucks. I really need to work on my health. Moving to RP#1 and a few other things I’ve been done will pay off in the long term, I hope!

  1. Make at least $1000 online and continue to promote the blog aggressively.  FAIL (I was sick for most of the time)
  2. Bring down RP#3 last bills to less than €1000. DONE (I paid off all the bills on RP#3 there were)
  3. Read one book. FAIL (I was sick for most of the time)
  4. Rent out another unit. DONE (This is a 2-year leasing contract)

For the next month:

  1. Make sure I take medication that works, keep calm, do things I love (like sports, great food, etc) and enjoy life (sounds crazy but I haven’t been doing this).
  2. Take one week entirely to write my second book, relax a lot, watch movies
  3. Plan the renovation of RP#3 and furniture RP#1 entirely (so I can live there properly).
  4. Write a lot on the blog. Two posts a week and do not fail.
  5. Start leaving medication and introducing supplements gently.
  6. Make at least $200 online and write 1 guest post.

Enjoy life guys!

Ben

online income report income diary report how to make money online
Reports,

May 2017 (Online Income: $172.50)

Welcome to my income diary. If you wonder how do websites make money and how to make money with a website, you may find my reports useful.

I release reports on my online income every month. In 2017, I am projected to make $15k on online income.


I’ve received many e-mails concerning this matter. Most people ask me “What can I do to start a side online business?” or “What can I do to make a few hundred bucks at the end of the month”? First, know that I offer consulting services for this, on 1:1 consultations. Either way, let me hash out a general recipe here:

0) Choose a niche. Many people choose niches based on keyword search. I highly recommend people to blog about what they are passionate about instead. If you add value, any niche will work out for you.

1) Set up a website. I host my website on Bluehost, which I highly recommend. For one, its cheap, two is highly reliable. If you are interested in starting a blog of your own, I created a tutorial here, to help you start off.

2) Blog. A lot. You may have noticed that I’ve posted twice in the month, on specific months when I started From cents to Retirement. Doesn’t work. It won’t tie people in, it won’t please search engines and your blog will rapidly be forgotten. Note that I am not saying “publish crap”. Do not, if you expect to have loyal fans and grow. But do not forget to publish.

3) Promote your blog. A big part of having your blog out there for people to see is through high-quality posts – eventually, people will share. Promoting your blog will not only get it out there faster but deeper. Promoting your blog can be very hard, but its necessary.

4) Monetize. Adsense is an option. I like Amazon a lot. If you offer consultancy services, as I do, you need to show you can do it yourself first, but clients will pop up eventually.


So, how did I make $172.50 this month? First, the breakdown:

Bluehost : $0 (vs $0 in April)
Affiliate marketing : $72.60 (vs $55.50 in April)
My book : $99.94 (vs $21.21 in April)
Consultancy fees : $0* (vs $1050 in April)
Google adsense : $0 (vs $0 in April – I removed all ads from the blog)
Paid surveys : $0 (vs $0 in April)

Total : $172.50

Disclaimer: the BlueHost and the Amazon links are affiliate links, which means that I get commissions if you buy products or services through them. The amounts reported above are before any fees, taxes or expenses. I can’t say exactly how much I will net from this.

As for consultancy fees: I haven’t consulted this month, at least not more than the hours I had already sold. I received a ton of new requests, but my time was so limited that I didn’t accept any yet. I will consult big time during June for sure! I already secured some contracts. In the next two months, I hope to surpass the $2000 mark on consulting alone.

Note that although I am committed to release my income diary and help those who want to know how to make money with a blog, if they and blogging for money, my primarily focus is not to make money with the blog, but create a very valuable platform that people love.

Expenses

I didn’t have any expenses with the blog this month.

Views

I am happy with the direction the blog is taking, and I prefer to have 25k warm viewers than 100k cold viewers. That being said, I still want to achieve 100k viewers until the end of the year! We are obviously talking about a nasty piece of work (especially without redirecting cold traffic as I’ve done before), but I am confident I will achieve it.

I have been focused on increasing the website’s authority, high-quality referrals and growing my social media accounts. I am happy with the progress in May: the domain authority boosted from 24 to 32 and the page authority raised from 37 to 43! As I anticipated, I both went up and I think that until July/August I will experience even further increases. 🙂 Again, I hope that Google recognizes my serious effort here, and boosts my ranks soon!

Although I didn’t have many guest posts published in May, my traffic did grow slightly. In June, should I manage to have 15 guest posts published, I think that I will grow definitely to something around 30k views. I am still waiting to be featured on a major site.

blog views may 2017

and the number of sessions:

sessions views may 2017

For the second consecutive month, more sessions, more users, and more page views!

My Alexa rank is still good, and I am actually over the idea that there will be a big penalty for “losing” the December stats. I also noticed a big increase of my Portuguese audience, which I am glad to see.

alexa rank may 2017

Social Media

This month my Facebook page grew by 203 likes to a total of 804 likes, which compares really well against last month (71 likes), and represents an increase of more than 25%. As I said last month, I had a few tricks I could use to grow my Facebook page and these seem to work beautifully. Next month, I will go all in with this trick and hopefully grow beyond 1000 likes. I won’t hit 25k likes until the end of the year, which was my goal, but I think that I can still reach 5k without ads.

As I said before, I am not keeping track of Pinterest, and I will hire a VA to take care of it for me.

The subscriber count grew from 1029 to 1091, wich means an increase of about 6%. I didn’t grow as much as I expected because although I wrote many guest posts, most of them weren’t published yet. I am still convinced that the goal of reaching 6000 subscribers until the end of the year is achievable because I have a few tricks that I will use, and I still expect to be featured on major sites.

Goals for May 2017:

  • Increase the number of likes on my Facebook page to 700. DONE! I’ve hit 800 likes using a new technique. I am very happy with this.
  • Increase the number of blog subscribers to 1200. FAIL. I managed to hit 1091 subscribers, so I am still far behind my initial goals.
  • Increase the number of followers on Twitter to 350. FAIL. Not really active on Twitter, I am still at 277 followers.
  • Write at least 10 guest posts. ALMOST DONE. This is such a difficult task! I managed to write 8 guest posts but I had to put myself under a lot of stress. Hopefully, this will pay off big time.
  • Reach at least 40k views on my blog. FAIL. Not as many guest posts as I wished and SEO hasn’t kicked in yet. Struggling to increase my view count considerably.
  • Make about $800 online. FAIL. I didn’t consult as much as I expected to, which led to much less money online. However, I used my time very wisely, growing my brick and mortar business considerably.

Goals for June 2017:

  • Increase the number of likes on my Facebook page to 1000.
  • Increase the number of blog subscribers to 1200.
  • Increase the number of followers on Twitter to 350.
  • Write at least 10 guest posts.
  • Reach at least 40k views on my blog.
  • Make about $1000 online.

In the meantime, let me know if this information is useful to you in the comment section down below.

Your biggest fan,
Ben Davis

net worth update
Reports,

May 2017 (247397.66€)

My current worth is €247,397.66 (36.93% of my first goal – €670K).

net worth may 2017

Again, a net worth decrease. Guess what… RP#3 is still sucking up cash!

Why doesn’t RP#3 simply end taking so much money away?

The renovation works are now over, but I had two last bills to pay. One (of €1900) is still carrying over to June, so I expect another net worth decrease next month. However, all units rehabbed in RP#3 are already rented out, so it will take 2-4 months to recover the almost €30k I had to put in to make it appealing for tenants. I’ve run the numbers again, and I am confident that I will have the money I spent remodeling the property completely back in 4 years. This is good, because the property itself cost me more or less the same, thus making it an 8-year deal (although I plan to keep this property forever, as I said last month). Still fine with me, given the entire potential of the property.

I couldn’t rent out the last unit of RP#3 that is good enough to rent. I hope to rent it out during June.

Rental income

This was the last month of my tenants in RP#1, and I will move there this month (unlike what I said last month, I will, in fact, move there because the contract I secured on a rental for myself didn’t go through). As I said, my idea is still to sell it, but I will move there because I think it will take me about 3-6 months to sell it. My idea is still to put €35k to work and throw €10k into P2P lending.

The rental income for May was €1225, which is the highest I’ve achieved in my lifetime, as I said last month. Next month RP#1 won’t be rented, so I’ll collect €1195 in rents. Hopefully, I’ll rent another unit in RP#3 soon and bring the rental income close to €1500.

Online income

My online income for May wasn’t that good, as I invested way less time consulting than in previous months. I will comment on this in the online income report/income diary.

My Real Estate business

My Real Estate business is gaining continuing traction and I am very happy with the direction it is taking. I will report on it next month.

Goals for May

May’s goals were not achieved because I changed my strategy in the first week of the month, but I am happy with the month. Overall, it was a great month!

  1. Make at least $1500 online (aggressive goal).  FAIL (I didn’t consult at all because I started to invest time on different things).
  2. Read two books. FAIL (Yes, I know that I suck when it comes to keeping promises of reading books. Sorry, I simply invest my time in many projects.)
  3. Rent out another unit. FAIL.

Just because I failed every goal, it doesn’t mean that I didn’t like this month. In fact, this was one of the most productive months in 2017!

Next month, my goals are:

  1. Make at least $1000 online and continue to promote the blog aggressively.
  2. Bring down RP#2 last bills to less than €1000.
  3. Read one book.
  4. Rent out another unit.

The environment at work is still great and I like what I am doing. However, it is indeed requiring way more time than I expected at first.

Ben