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  • 2012: Goals for the Year
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May 2012 Income/Wealth Report

Posted on June 1, 2012 by Jeff Davidson in Income Report, Reports 8 Comments

reports income report  May 2012 Income/Wealth Report

Has not been a great month overall. Missed the photography income point by $200 and thanks to google secondary income has dropped as well. The big thing this past month has been my health. Reflux seems to have gotten worse and like last year at this time the GAD has sprung up. I can count on one hand the number of days I had no anxiety this month. Back at the doctors and trying new meds again as well as CBT therapy. You may have seen som of my twitter posts from my blog afrogsdiary.com about this. Constant anxiety makes it hard to focus and get work done. Keeping this report short this time so here it goes.

Photography Business

Was a slow month with only 10 sessions and as I mentioned fell short of the monthly goal by $200. June does look a bit better as I already have 10 sessions on the books, lets hope for a couple more and some good ordering sessions reports income report  May 2012 Income/Wealth Report

AdSense

Penguin/Panda

Amazon

Not much to say here. Only one affiliate sale and a couple of book sales.

Other Affiliates

Well infolinks continues to trickle in and got a couple more sponsored tweets. The disappointment was that I actually made a $17 click bank sale but then it was refunded 2 days later.

Portfolio

Even with the weekly contributions to Vanguard the market took a tumble in May which brought my portfolio down for the month. Didn’t make a Buy and Hold purchase either out of concern for money coming up.

March 2012 Report

Income

Passive Income

Amazon $28.64 reports income report  May 2012 Income/Wealth Report
Adsense $17.58 reports income report  May 2012 Income/Wealth Report
Merchant Accounts $40.28 reports income report  May 2012 Income/Wealth Report
Membership site $4.90 reports income report  May 2012 Income/Wealth Report
Direct Advertising $100.00 reports income report  May 2012 Income/Wealth Report
Hosting/Wordpress Setups $265.00 reports income report  May 2012 Income/Wealth Report
Other Affiliates (clickbank, infolinks, e-junkie,Linksharereports income report  May 2012 Income/Wealth Report, Sponsored Tweets) $3.49 reports income report  May 2012 Income/Wealth Report
Studio Rental $150.00 reports income report  May 2012 Income/Wealth Report
Prints and Calendar Sales $0.00 reports income report  May 2012 Income/Wealth Report
Total $609.89 reports income report  May 2012 Income/Wealth Report

Portfolio Income

All Savings $5.59
Vanguard $0.0
buy and hold $10.16
Total $15.75

Spending

No charts this time. I outgoing did exceed incoming this month. that included $1,400 sales tax bill as well as investments. With out those it would have been about break even

Assets vs Debt

Assets

Assets dropped again this month. Home value, portfolio ad sales tax payment helped out there.

Debts

Debts did go down, making the min payments in May

Net Worth

 

reports income report  May 2012 Income/Wealth Report

reports income report  May 2012 Income/Wealth Report

reports income report  May 2012 Income/Wealth Report

reports income report  May 2012 Income/Wealth Report

 

What I learned, Goals and milestones achieved

Being sick has an advantage! I dont go out and spend money and I dont eat much reports income report  May 2012 Income/Wealth Report I also learned that when my credit/debit card expires I should check my adwords account and update. For almost 2 months my account was suspended because of that and thats a good reason why I was not getting a lot of new phone calls.

Goals / Milestones met this month:


Whats next and Goals

Sorry my main goal is not financial this month, but rather to get these health issues kicked in the ass and get back to normal. Then it will be easier to work harder on the incomes. Been doing a lot of evening walks and listening to podcasts from Pat Flynn and Chris Guthrie and others, as well as reading a lot of blogs. Hope to apply what Ive learned in get the passive income up.

How did you do in May? 

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I'm sure you'll feel better soon, Jeff! And I actually recently discovered Pat Flynn's blog as well - I love his insight on passive income, especially since I started business based on residual income myself, too, and LOVING it! I'm very excited to read all of your updates, Jeff, and again, hope your health will be back on track soon!

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Well don this month! Congrats. Btw you labeled the report March 2012 Report not May 2012.

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I just found your site today and I'm glad I did. I'll be poking around in here to see what I can learn, but it already looks great!

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Nice one for the month of May. I pray that one day, I will be making this much. :)

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How were your sites affected by Google Penguin? Is there anything you're doing to recover? Great job this month!

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Sorry to hear you haven't been well. I suffer from severe depression so I understand about having periods where you can't get any work done. Hope things settle soon for you with the new meds. :)

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Thanks Dean! Things are improving as the meds start to take effect :) Hope you are doing well!

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I did more spending on advertising then I got in revenue. However, I just started blogging regularly in May :)

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