The IRS has announced that they will now be sending out economic stimulus payments starting this Monday, April 28th. Initially, the first direct deposits were going to be sent on May 2nd, but the government can't wait to stimulate the economy.
Of course, I have no idea how sending everyone a one time check will actually stimulate the economy over an extended period of time. Maybe the underlying assumption is that recipients will go out and spend the money on goods and services that they don’t need. But, I suspect that many people will use it to pay off credit card debts, payday loans, get current on their mortgage, or save for their emergency fund. Of course, even if they do spend it, there's no guarantee that this will actually make any lasting impact on the economy. Maybe it might impact the 2nd quarter numbers but what after that? Will the government send us quarterly checks to keep on stimulating the economy?
Here is the original timetable for receiving your payment:
DIRECT DEPOSIT
Last two SSN digits: Payment will be transmitted by:
* 00 through 20 May 2
* 21 through 75 May 9
* 76 through 99 May 16
PAPER CHECK
Last two SSN digits: Payments will be mailed by:
* 00 through 09 May 16
* 10 through 18 May 23
* 19 through 25 May 30
* 26 through 38 June 6
* 39 through 51 June 13
* 52 through 63 June 20
* 64 through 75 June 27
* 76 through 87 July 4
* 88 through 99 July 11
But it seems that these dates will be pushed forward a few days. You should start seeing direct deposit this coming Monday.
Made $1645 In Online Income
For March, the break of online income is as follows:
Revenue from Adsense seems to be on a slow decline. It looks like I was smart-priced. In a few blogs, I've modified the code so adsense ads are only displayed to search engine viewers. I don't think other kinds of traffic click on the ads anyway. I also signed up for Adsdaq to display in place of adsense on these sites.
Surprizingly, Linkworth has started performing really well on my sites. March's income was almost double of February's and I expect April's income to be a lot higher too. Its been a long time coming, but now the income is starting to be substantial. I'm very happy with their service and I strongly endorse it.
Text-Link-Ads is also doing moderately okay although its making less than Linkworth. I don't think you're allowed to use both services on the same site, so see which one works better for you. Between the two, my favorite is currently Linkworth. It also has a good affiliate program so if you sign up, make sure you put an affiliate ad on your site too.
This year,I accidentally stumbled upon Amazon affiliate income through a post I wrote. Hopefully it will continue as I learn more about affiliate marketing and try out different techniques to boost it.
Surprizingly, I found out that I had earned ~$60 from Domain Embarking, a site that helps you earn money from parked domains. I had a few sites that were parked with Sedo.com. In over 2 years, I make about 24 cents with Sedo, but with Domain Embarking, now I'm making some money atleast. To be fair, the $60 was earnings for the year till date, so it could have been only $20 for March. I'll find out how it does in April to get a better idea. Regardless, its still a whole lot better than the $0.01 per month I was making with Sedo.
I also just registered about 20 .info domains with godaddy. Godaddy is currently running a 99 cent special Actually is about $1.25 after taxes but still a great deal.
Parking them with Domain Embarking should earn me more money than that during the course of the year. The sites will also get PR and backlinks, so I might be able to sell them for more than $10 in a year. Or I might decide to host them myself and set up a BANS store on them. I use Dream Host for hosting and its really good. I can host multiple accounts on the same account for the low fee of $120/year. Use the coupon "passiveincome" to get a $20 discount on it.
Prosper is still handing out $25 signup bonuses to new lenders. When lenders who sign up through my link and fund their account, I get $25 too. That's how I made the $175 in referral fees. I also made around $30-$35 last month in prosper loans but since they usually issue a statement around the 5th of the month, i'll exclude that income. I usually get around $180-200 every month from the loans, of which 70% is return of principle. Calculating it manually is just too tedious.
- Online Income: $1645.30
- Adsense: $339.28
- Linkworth: $456.70
- TLA: $103.61
- Kontera: $62.07
- Direct Ads: $330
- Prosper Referrals: $175
- Amazon: $117.82
- Domain Embarking: $60.82
Revenue from Adsense seems to be on a slow decline. It looks like I was smart-priced. In a few blogs, I've modified the code so adsense ads are only displayed to search engine viewers. I don't think other kinds of traffic click on the ads anyway. I also signed up for Adsdaq to display in place of adsense on these sites.
Surprizingly, Linkworth has started performing really well on my sites. March's income was almost double of February's and I expect April's income to be a lot higher too. Its been a long time coming, but now the income is starting to be substantial. I'm very happy with their service and I strongly endorse it.
Text-Link-Ads is also doing moderately okay although its making less than Linkworth. I don't think you're allowed to use both services on the same site, so see which one works better for you. Between the two, my favorite is currently Linkworth. It also has a good affiliate program so if you sign up, make sure you put an affiliate ad on your site too.
This year,I accidentally stumbled upon Amazon affiliate income through a post I wrote. Hopefully it will continue as I learn more about affiliate marketing and try out different techniques to boost it.
Surprizingly, I found out that I had earned ~$60 from Domain Embarking, a site that helps you earn money from parked domains. I had a few sites that were parked with Sedo.com. In over 2 years, I make about 24 cents with Sedo, but with Domain Embarking, now I'm making some money atleast. To be fair, the $60 was earnings for the year till date, so it could have been only $20 for March. I'll find out how it does in April to get a better idea. Regardless, its still a whole lot better than the $0.01 per month I was making with Sedo.
I also just registered about 20 .info domains with godaddy. Godaddy is currently running a 99 cent special Actually is about $1.25 after taxes but still a great deal.
Parking them with Domain Embarking should earn me more money than that during the course of the year. The sites will also get PR and backlinks, so I might be able to sell them for more than $10 in a year. Or I might decide to host them myself and set up a BANS store on them. I use Dream Host for hosting and its really good. I can host multiple accounts on the same account for the low fee of $120/year. Use the coupon "passiveincome" to get a $20 discount on it.
Prosper is still handing out $25 signup bonuses to new lenders. When lenders who sign up through my link and fund their account, I get $25 too. That's how I made the $175 in referral fees. I also made around $30-$35 last month in prosper loans but since they usually issue a statement around the 5th of the month, i'll exclude that income. I usually get around $180-200 every month from the loans, of which 70% is return of principle. Calculating it manually is just too tedious.
Bizzare Ways Of Making Money: Selling Your Hair
I just found out that there's a site called the Hair Trader were people can buy and sell Human Hair!
One pregnant lady from Salt Lake City, Utah just sold her Scandinavian blond locks for a whopping $1075!
But that's not even the record on that site. That belongs to a lady from Santa Rosa, California who got a whopping $2,500 for her head of brown hair.
That's almost as strange as the pregnant lady who sold a tattoo ad on her belly for $1000 on ebay!
One pregnant lady from Salt Lake City, Utah just sold her Scandinavian blond locks for a whopping $1075!
But that's not even the record on that site. That belongs to a lady from Santa Rosa, California who got a whopping $2,500 for her head of brown hair.
That's almost as strange as the pregnant lady who sold a tattoo ad on her belly for $1000 on ebay!
Is This Blog Worth $59,841?
According to this widget created by the Business Opportunities Site, based on my content, backlinks and some other black magic SEO stuff, this site is worth $59,841.24!
While I find it hard to believe that anyone would pay close half or even a fifth of that amount (they might pay a tenth though), it's still nice to know its not completely worthless in someone else opinion. Blogs usually sell for a multiple of their current monthly income or potential income. For example, is not uncommon for a blog that generates $500/month to sell for $5000. However, if its a site that requires minimal maintenance or updating, it could easily sell for 2 years worth of revenue. There are quite a few venture capital companies that have actually invested in thousands of websites that generate income. Even public companies like American Capital Strategies (ticker: ACAS) bought Roxy Media and its domains last year for a pretty penny.
While, this site isn't exactly for sale, if you think you'd like to make on offer on it, don't hesitate to let me know in the comment section. I except all major currencies, paypal and even gold coins!
Let me know what your blogs are worth.
My blog is worth $59,841.24.
How much is your blog worth?
While I find it hard to believe that anyone would pay close half or even a fifth of that amount (they might pay a tenth though), it's still nice to know its not completely worthless in someone else opinion. Blogs usually sell for a multiple of their current monthly income or potential income. For example, is not uncommon for a blog that generates $500/month to sell for $5000. However, if its a site that requires minimal maintenance or updating, it could easily sell for 2 years worth of revenue. There are quite a few venture capital companies that have actually invested in thousands of websites that generate income. Even public companies like American Capital Strategies (ticker: ACAS) bought Roxy Media and its domains last year for a pretty penny.
While, this site isn't exactly for sale, if you think you'd like to make on offer on it, don't hesitate to let me know in the comment section. I except all major currencies, paypal and even gold coins!
Let me know what your blogs are worth.
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