I haven’t seen it rain in San Francisco like it did last month in a long, long time. We got so much rain that SF is now officially out of its drought (hooray!) and I didn’t have spend any time watering the plants outside. We had a lot of high winds and at least four downpours of hail!
It’s so bizarre to watch and listen to a hailstorm. They come on so suddenly and with such noise it’s impossible to resist jumping up and running to look out the window. I saw peppercorn size hail pelt down onto the windowsills and the ground. The hail was large enough to be clearly visible on the ground and then it would just magically disappear a few minutes later as if nothing every happened.
These sudden onset hailstorms made me think of rainbows and opportunities. They can appear so unexpectedly and briefly that if you don’t get up to see/seize them right in the moment, poof you’ll lose your chance. Carpe diem folks!
New Here? Welcome! Be sure to check out my about page and read how I got paid to break free from a grueling desk job. My monthly income reports help me keep track of my active and passive income streams, check on my goals and push myself forward.
One of the best ways to achieve goals is to keep them at the forefront of our minds and regularly monitor our progress. Here’s a peak at the status of my 2017 goals.
- Invest $10,000 a month. I deployed the remainder of the cash reserves I had in my retirement accounts into DVY and HDV. I also injected $10,000 into SDY when it had a slight dip.
- Expand my personal finance writing portfolio. I finally took some time to get started and completed the first post in my new publishing initiative and submitted it for review.
- Setup contingency plans for my business and assets. I finished working on some address updates and agency paperwork. Next step is to find a trustworthy estate planner which could be tricky.
- Connect with new friends in my neighborhood. I had lunch with two great women at a fun Mediterranean spot I hadn’t tried before. I had a great time and hope to stay in touch with them.
- Record clips for 1SE more often. I haven’t been recording videos everyday, but I got my clips all caught up to date.
- Improve my cooking skills. Made two more veggie soups using my slow cooker. Now I’m so sick of soup I can’t stand to think about eating any more of it lol. I also made a couple successful batches of potstickers with just the right amount of crunch.
Now onwards to the numbers. Experience has taught me that life is too short to only have one income stream. To avoid having all my eggs in one basket, I’m growing my wealth with multiple active and passive income streams. Here’s a look at how much I made last month.
Total Revenue Streams = $10,768
- Website & project management
- Editorial, writing, marketing
- Teaching music, misc.
- Dividends & interest income
- Rental income
ADVERTISING & AFFILIATE: $3,362
- Partnerships, affiliates, advertising
- How To Engineer Your Layoff
Expenses = $(5,788)
- Aweber, Marketing, Subscriptions, Fees
- Other work related
- Meals & Entertainment – business
- Travel – business
- Living expenses
- Meals & entertainment – personal
- Travel – personal
- Shopping & misc expenses – personal
$10,768 – $5,788 = $4,981 PROFITS
With so much rain, I spent a lot of time indoors in January. Punxsutawney Phil saw his shadow recently, so if his prediction of six more weeks of winter is correct, the rest of February could be pretty rainy here too. I’m just glad I don’t live up north. I’m definitely not a fan of cold weather or snow storms, but a random hailstorm here and there keeps things interesting.
With the arrival of February, I’ve slowly been getting ready for tax season since I have to complete my business tax return by March 15th. Taxes are a drag, but the positive is I learn something new every year. I will be really curious to see what tax code changes go into effect in the next couple years, especially those that affect small businesses.
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Untemplaters, what type of weather did you have in January? Have you ever seen a hailstorm before? How cold is it where you live?
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I’m 19 years old ,I just started my blog not so long ago and seeing that you things like that really help keep me motivate. I don’t know maybe one day I would be able to live of my blog like you do and be financial independant. 🙂
I have a question, how long has your blog been on the internet, I would like to get some perceptive on when should I except to see some traffic or revenue.
Anyway, I really enjoy your website full of great information, keep doing what you are doing,
Nice job starting your blog. Sticking with it and writing about things you are passionate about is key. A lot of people lose steam after a few years or even after just three to six months. Traffic and revenue vary a ton – some people can spend a lot of time and carve a unique niche and start to see progress within a year while others may not see anything for years and years.
“Connect with new friends in my neighborhood”
This is interesting because I think I have a large group of people, but only consider a small few friends. I need to focus in and give those specific people more time. Congrats on the positive revenue streams by the way!
Thanks SMM! I’ve always had a small number of active friends that has shrunk in recent years due to people moving farther away. So far I’ve had great connections with two women who live within walking distance of my house which has been a lot of fun. It’s definitely easier making plans with friends who live so close!
Go Finance Yourself! says
Nice month Sydney! Stocking away $10,000 in a month is very impressive! That stinkin gopher saw his shadow, but I’m wondering if he was just drunk. We had a 70 degree day in KC last Saturday and projected 50s and 60s for the next week. Unheard of in February here in KC, but I’ll take it!
Thanks! We’ve had a trend of warm weather in SF that hopefully will continue. I’m already loving the longer days thanks to the start of daylight savings.