I slammed the door on it for a long time. Not anymore.
On the scale of “how hard is this money” this is fairly easy.
Not quite as easy as collecting an AdSense payment or an affiliate payment, but not as hard as writing the articles essentially for free and waiting for residual income to come in.
And like I mentioned, it's showing up at your door. You may just not know it.
“Would you like to share this resource?”
If you've been around the blogosphere as long as I have (my blog will be twenty this month!) you*'ll get plenty of requests to “share a resource that may be of interest to your readers.”
This request usually comes from a website owner or an SEO (search engine optimization) company hired by them.
And it's so easy to fix.
Sellers dream of a bidding war.
Two people going at it, outbidding each other, not wanting to lose.
At some point, they don't even realize how high the price has become, and the winner — if you can call them that — severely overpays for the item.
Great for the seller, though!
Some items are prime for a bidding war
An original Jackson Pollock. Superman comic issue #1. Babe Ruth's rookie card.
Get the right investors and collectors in the room, and these will be bid up to a small fortune.
For these, it doesn't matter where the price starts. It could start at a dollar. It won't stay there.
Most items won't spark a bidding war
This is where the problem for sellers can lie.
The more commodity the item, the less likely it is to trigger a bidding frenzy.
What if there's another way to succeed as a creator? How would I pull it off?
I have a bit of a hoarding problem with my side hustles.
I have accumulated a lot of different kinds of online assets, and relationships with clients:
Setting up a store on eBay carries a monthly expense. But you can start selling very easily and without any upfront cost.
You get 250 free listings per month without an eBay store package.
This means you can list items either auction-style or good 'til canceled (GTC) and pay fees only if the item sells.
Your only cost is time
This is a good low-risk strategy for starting out.
If you have some things you want to sell, you don't have any upfront costs except your time.
I've been listing dollar bills with cool serial numbers on eBay. (Here they are.).
As I write this, I have 81 active listings, which isn't anywhere close to using up my 250 zero-insertion-fee listings.
For 2024 I published my side hustle income report each month to maintain accountability.
This year, my main goal is to be profitable.
To maintain transparency with this goal, I'll be reporting both on my income and my expenses this year.
I haven't been profitable for a number of years now. My day job has been subsidizing my side hustles.
My goal this year is to turn this around. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.
Which sources I'm reporting and which I'm not
Since I'm not posting anonymously, my main job income, my part-time job income, and my main investments won't be reported. I'll report everything else, though!
I'll report on income as I receive it, not when I earn it. In other words, I report on it when it hits my bank account.
For 2024 I published my side hustle income report each month to maintain accountability.
This year, my main goal is to be profitable.
To maintain transparency with this goal, I'll be reporting on both income and expenses this year.
I haven't been profitable for years. My day job has been subsidizing my side hustles.
My goal this year is to stop that cycle. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.
Which sources I'm reporting and which I'm not
Since I'm not posting anonymously, my main job income, my part-time job income, and my main investments won't be reported. I'll report everything else, though!
I'll report on income as I receive it.
Striving to end 2025 in the black
For all of 2024 I published my side hustle income report each month to maintain accountability.
This year, my main goal is to be profitable. To maintain transparency with this goal, I'll be reporting on both income and expenses this year.
I haven't been profitable for quite some time. My day job has been subsidizing my side hustles.
My goal this year is to stop that cycle. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.
Which sources I'm reporting and which I'm not
I'm not posting anonymously so my main job income, my part-time job income, and my main investments won't be reported. I'll report everything else, though!
I'll report on income as I receive it.
These tricks led me to see the light and become BFFs with leftovers
If thinking about leftovers cues up scary music, you're not alone.
My wife and I used to play “leftover chicken” — that fun game where we let leftovers stay in the refrigerator until one of us suggests that the other consume it before it spoils.
All this ended up doing is making us despise leftovers more. It wasn't doing us favors to toss food out.
Leftovers help you sleep better at night.
Wait, what?!
There's a lot going on in the world today. Maybe you're embracing the chaos perfectly, and I salute you.
For me, I've caught myself checking out the news more these days, and rarely does it make things calmer.
Debt shackles you to the people you owe. Debt reduction removes those shackles and frees up your cash flow.
What does being upside-down on a loan mean?
Being upside-down on a loan means that you owe more on your asset than it's worth. This means that even if you sell the asset that you owe against — like a car, a boat, or a house — you will still have a debt that you need to repay. This means you're paying money for the use of nothing.
If someone takes out a new car loan with only a small down payment, it's almost guaranteed that the person will be upside-down on their car loan from the beginning.
It's possible to become upside-down on loans in other ways, though. If the asset price decreases, as in a housing slump, the value might dip below what's owed on the asset. This happens more readily if the asset was secured with a low, or no, down-payment.
Newsflash: Paying your bills on time keeps things happy and running smoothly.
OK, maybe it's not a newsflash. You likely understand this and have heard it many times already.
But like most routine adult activities, the right system makes it much easier.
My grandfather's bill-paying activities
My grandfather was an extremely frugal person. He was a teenager at the start of the Great Depression, so this was no shock to anyone.
One frugal habit of his I remember growing up in the 1980s was that he used to walk downtown to pay his bills in full, by check, on the day they were due.
Doing this accomplished several things:
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