Monthly Earnings Report - February 2010

Here it is - my very first earnings report here on the Residual Income Home Business blog! The only income I will be tracking here are those from residual income sources. Residual income is money that keeps coming in days, months and years after initial work was completed. So basically that will include earnings from Ehow and Suite101. I could probably include Adsense as well, but for right now I will not be.

Even though I'm currently working to get my earnings at Ehow & Suite101 higher, I still continue to earn each month whether I write new content or not.

Ehow

I haven't been concentrating on Ehow much lately, but I did add 3 new articles during the month of February, giving me a total of 216 articles. These 216 articles are spread out over 2 Ehow accounts. I don't really know why. My main account has 201 articles. Only 1 of those 3 new articles actually started earning money during February. My combined earnings for these 216 articles were $186.19.

Suite101

Suite101 is where I'm actually concentrating most of my residual income efforts. I'm earning more per article there than I am at Ehow currently, but I still love the Ehow payment I continue to receive every month so I'll still be adding some content there.

Anyway, during the month of February I managed to write 18 new articles for Suite101. My earnings for Suite were just over $35 for the month of February. Even though I now have 43 articles, 2 of those were added in March (so they don't count) and 10 of the articles were published during the last week of February and I'm still not far from earning $1 per article for the month. Not bad!

One thing that might be worth noting here is that of my 43 articles over at Suite, 24 of them have been added this year alone. I was first accepted at Suite in the Spring of '09 but didn't start writing regularly there until January 2010. I wish I had started sooner! :)

*Combined Residual Income Home Business Earnings for February: $221.19.

My long term goal is to earn $1,000 per month in residuals. I'm working towards getting to that point by December 31, 2010.

For the shorter term, I'd like to be earning at least $500 per month in residuals by June 30, 2010. I'm just about halfway to this point and it's the beginning of March so I think I have plenty of time. I'll be focusing mainly on Suite1o1 with the occasional additions to the Ehow site.

And that concludes my very first residual income home business earnings report!

All the best,

Melinda