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First Quarter 2018 – Extra Income Update

I’ve held this post off for a while now because there hasn’t been too much movement in this area.

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As stated in the latest update, most of my income sources still don’t generate revenue on a regular basis. Only 3 of them actually have to potential to really GENERATE revenue, these are my YouTube Channel, my Blog, and my Amazon Affiliate Links. The 2 others only return part of my spending to me in the form of Cash Back, through my MBNA Credit Card or Ebates.

Let’s dive into it!

Cash Back:

  • January:
    • MBNA Rewards World Elite Mastercard: $87.00
    • Ebates.ca: $0.00
  • February:
    • MBNA Rewards World Elite Mastercard: $60.00
    • Ebates.ca: $17.03
  • March:
    • MBNA Rewards World Elite Mastercard: $68.00
    • Ebates.ca: $0.00

MY CC has been pretty stable in terms of cash back. Which is good, because it indirectly tracks my spending. In the next months (3 to 24), this will dramatically increase for many reasons. I’ll be moving, starting a business, buying a lot, building a house… ya, ouch.

Screen Shot 2018-04-21 at 11.23.13 AM.png

As for the Ebates return, I’ve received my second check. There will be an increase as well, for the same reasons as stated above.

Screen Shot 2018-04-21 at 11.24.32 AM.png

Social Media Income:

  • January:
    • Youtube (Adsense) Revenue: $153.19
    • Amazon.com Affiliate Links: $0.00
    • Blog (Adwords) Revenue: $0.00
  • February:
    • Youtube (Adsense) Revenue: $168.56
    • Amazon.com Affiliate Links: $0.00
    • Blog (Adwords) Revenue: $0.00
  • March:
    • Youtube (Adsense) Revenue: $609.86
    • Amazon.com Affiliate Links: $0.00
    • Blog (Adwords) Revenue: $0.00

My Youtube revenue is booming! I don’t really know why, as I really haven’t had the time to create more videos… Most likely the result of the recent turmoil in the market getting more people to educate themselves. This is a welcome trend!   Channel

Screen Shot 2018-04-21 at 11.27.32 AM.png

In terms of Affiliate Links, there is some minor activity. I see the total creeping up slowly but I’m still far from the $100 threshold needed for them to send me a payment.

The Blog is showing continued signs of some minor financial life. As stated before, this is not the goal here. Still far from the payment threshold as well.

Conclusion

All in all, a good start for 2018. The YouTube revenue is the real surprise here. I sadly probably will not have the time to create new videos for a little while. But, when possible I will keep posting my monthly update on this blog!

I’ve decided to post my Extra Income updates quarterly, instead of monthly, since there is little to now activity and this serves more as a tracking system.

This Extra Income will go towards paying debt, and accumulation in hopes of decreasing the financial shock that will accompany the upcoming life changes.

Thanks for taking the time to read.

Cheers!

-DI

Don’t forget to check out my latest Dividend UpdateYoutube Channel, Amazon Store and Twitter

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Dividend Investor View All

Money Lover, Dividend Growth Investor, Youtuber, and Blogger!

4 thoughts on “First Quarter 2018 – Extra Income Update Leave a comment

  1. Hey Dividend Investor!

    I’ve just started to get into the stock market game, I found a lot of your videos quite useful and entertaining. I made my first investment last September buying Amazon and TD, but sold Amazon after the huge spike :(. I sold Amazon cause I’m trying to build a strong dividend portfolio for my TFSA. I just finished my first year at University of Waterloo, so I haven’t been able to do much research, but I have maxed out my TFSA.(Which may have been a bad idea since I could have waited for the dip for some of the stock I bought.) These are my investments. Do you think they a good long term investments?

    TD
    Scotiabank
    Sun Life
    BCE
    Altagas
    Enbridge Bought in January 😦
    JnJ

    Also I looked at Financial 15 Split stock and it looks very appealing, but do you think it could sustain a 15% dividend?

    Liked by 1 person

    • Hi Noah,

      Thanks for reading and commenting. It looks like you’re taking the good steps into the investment world, which is great. Don’t worry too much about timing as I assume you’re in it for the long run.

      Looks like you touch a bit of every classic Canadian sector. These are all solid companies (I’m not that familiar with Atlagas though) and that should generally hold true through time if nothing changes.

      It’s important to setup an aimed outcome (what are you trying to achieve?)

      If you plan on investing for a short/medium-term, then you should have an exit price already in your head and keep re-evaluating from time to time.

      If you plan on investing for a long-term period, then leave it alone! (harder than it seems)

      Good luck with your investments fellow Canuck!

      Cheers

      Like

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