Jul – Dec 2018 & Full Year Financial Independence Mindset Income Report

Disclaimer: This post includes affiliate links for which I may make a small commission (at no extra cost to you) if you sign up for the services mentioned.

In 2018 I focused on generating sources of extra income
primarily using active income ideas. In posts from the winter-spring of 2018, I wrote about the first microjob sites I had encountered (Clickworker and Spare5). I stuck with and continue to use Clickworker and at present have effectively doubled my income generation by matching and in most months surpassing the passive income I was/am generating from Prosper.

However, while there was generally active work available on a daily basis I was still in a situation where I had to wait for the ‘right micro jobs’ to come along and balance time spent doing them with the amount of available free time I had in a day.

I continued investigating active income opportunities and came across a Pinterest pin that listed survey sites that paid via Paypal near instantly. I wrote a post on that topic as well. Initially, I settled on the QMEE survey site and for reasons mentioned in the post quickly added the PaidViewPoint survey site as a second option. Between Clickworker, QMEE, and PaidViewPoint I had more than quadrupled the income I was making from my Prosper passive income investments and had, in fact, eclipsed my passive income investment in a traditional stock market real estate investment company.

If you’re interested check out QMEE or PaidViewPoint and sign up thru my affiliate links.

Still, I felt there were times in the day where my available free time was not being fully utilized with income earning opportunities. I did some more research and came across a microjobs site that I had reviewed shortly after joining Clickworkers but dismissed due to it’s perceived complexity. The site is called Microworkers.

MIcroworkers is like Clickworker on steroids. At any one time, there are literally hundreds of available microjobs to choose from and the rates are higher than Clickworker. Microworkers is sort of the wild wild west in the sense that some jobs require you to log in using your email address or social media account so you have to be selective if you value your privacy. But the site pays near instantly to PayPal, so it fits my criteria.

So now between the four activities, Clickworker, Microworker, QMEE, PaidViewPoint I am no longer limited by available jobs but by my available time to execute the jobs. Which means I can potentially earn some form of income every single day. For those who have viewed my 2017 Income Report, you can see I was about at 50% for the year for income generation on a daily basis, in 2018 that number was in the high 90% range.

I am pursuing other passive / near passive income strategies but it’s comforting to know that I have taken care of the number one goal in business and that’s earning income. I currently use the income to invest in products like Tailwind for automated Pinterest scheduling or Nadalie Bardo’s goal planning tools that will help generate less active or passive income. The rest of the income is used to pay for expenses like, hosting fees (you can review my post on establishing web presence if you are looking to set up a niche web site), Registered Agent Fee (you can see my post on establishing a LLC if you are interested) and mailbox fees which are required to function as a LLC. The rest is investible income to use for additional stock or option purchases or to continue making investments in Prosper. That active income in part feeds passive income ventures that will ultimately tip the scales from a majority active income business to a majority passive income business.