My Online Spending Update - No. 3

This is my 3rd post on my online spending update. I chuckled to myself that most bloggers are posting their monthly income while I am posting about the money I am spending to make money online ;-)

Below is the table:

make-money-online-table-feb-08.JPG

Wow, I have spent USD200 and my income so far has been USD1.90.  Granted, about 50% of that cost was for hosting and domain names.

This scenario is not that rosy as I am entering my 3rd month and I am not making any ’substantial’ money as yet.  I have learned a lot about making money online though and everyday there is something new to add on but I realized that the fundamentals must be there such as building a list if you are doing email marketing, generating traffic is essential, etc.

I have set up the 2 niche websites: Charm Bracelet and My Second Home Malaysia both are still in the infancy stage.  The Charm Bracelet website is meant to be a niche site cum online specialty store using dropshipping whereas My Second Home Malaysia is supposed to make money from Adsense.

The next step to take is to “pad up” these 2 sites with relevant content and write some articles to generate traffic (article marketing).

I am lacking urgency on my journey to make online income as I have a full time job that supplements my financial needs. I know of others that are working full time but are making very good side money online e.g. USD1000 and above per month!

I have no excuses really :-(

ps: I am currently in Singapore for company training and will not have access to Internet at all times. More updates soon.

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2 Responses to “My Online Spending Update - No. 3”

  1. Kay Kastum Says:

    Wow. That’s determination. Well, there’s no free lunch anyway. Say hi to the Singaporeans will you.

  2. Kendra L Says:

    Hi Kay, ya! I am giving myself a year to make money online part-time and the first quarter is almost ending! So, I better buck up and do some ‘real’ work ;-)

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