Changing Income Sources...!

So my passive income sources are down compared to my income from my new (ish) jobs over the last couple of months.

TBH I'm glad I put the effort into doing more paid work, it's really helped to keep the monkey off my back so far this 2024!

Income breakdown April-June 2024

I've done a little future projecting, as I know roughly what I'm gonna be paid at the end of this month coming up and here we go...

We are at 50-50 passive to paid!

  • 20% from my resource sales, lower than I thought it would be!
  • 32% from ads, my mainly passive income, better than I thought.
  • 48% from paid work, but that's not that much work - around 3 weeks in April, then 2 weeks in both May and June.

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Paid work...

I'm back in the teaching game again, but there's not that much teaching, which suits me - so far it's one three day course every couple of months, but they are quite intense, but it's a nice income to have and breaks up the months!

I've earned some OK money from NatCen, OK minimum wage, but it was interesting work for five months, but I've quit that now and have a new interviewing job, much better money and no weekend work!

Ads

My revenue has been drifting down, but up again because of exam seasons. I recently discovered the joys of AI ads, so I am doing some co-creating and hope to generate more revenue from these over the coming months.

Resource Sales

These are a little old and tired now, I need to update them, they are still a decent income but do need some work, hands up!

In addition to the above I do make a fair amount from interest on just good old cash savings, but TBH I don't want to treat that as income as that's just holding the value of those savings against inflation, well, holding up some of the value!

Income over summmer...

I'm prepared for my ad revenue to go way down and the resource sales too, I'd be surprised if these are more than £200 a month between them for July/ August.

I need to make this up with paid work over summer, which shouldn't be a problem, and I've got a massive buffer stacked up from spring!

All in all I'm relying once again on paid work more, but TBH I think a couple of weeks work a week is OK ATM!

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