Every quarter (in January, April, July and October of each year), I publish a passive income report. “Passive income” means building assets that, once created, will earn revenue for months and years into the future without any further work. My passive income comes mostly from digital product sales, but also from affiliate commissions and advertising.
In 2015, I took the decision to subtract costs (hosting, email, marketing expenses, etc.) making the recent income figures a more accurate reflection of profit, rather than revenue.
The feedback I get from the passive income reports is overwhelmingly positive, however some people evidently have a problem with them. They either think I’m bragging or making them up. I would argue that neither was the case as I’ve been happily providing free information in this blog for ten years now and the income reports, to me, are just an extension of a desire to provide quality, useful content.
However, because of the negativity, I may decide to stop providing my passive income reports soon.
The trajectory of this passive income is amazing, here are the figures plotted monthly:
The income reports detail only my passive income revenues and expenditure for that period. Each quarter links through to a post about how I earned the income.
Click on one of the links above to see how the money’s earned.