Weekly Income Report - 3

Posted by Lode | May 18, 2008 .

Every week on Sunday I will report on the performance of this blog. Target is to give full transparency on money and hours spent and money earned. DO ask questions if things are not clear.

I put more hours into Scraping Pennies, but haven’t invested more money yet. There is a surprise income this week, although it’s only a fantasy until it hits a payout minimum. Cash flow is what I focus on. Earnings are only earnings when they hit your bank account (or paypal for that matter).

Key Performance Indicators

Earn / Burn rate (this week): $ 0 / hour
Earn / Burn rate (cumulative): $ 0.67 / hour
Cumulative hours spent: 27.5 hours
Cumulative result: - $18.51

Money spent

No money out this week. Only hours.

Money earned

After I was surprisingly allowed in the program by Kontera, they also have the honor of earning the first pennies for Scraping Pennies. Two pennies to be exact, and with a payout minimum of $100 it’s a long way from becoming cash, and real earnings.

The same goes for the affiliate program of the SEO Book. If you apply to it, you will get $20 bonus in your account. But with a payout minimum of $50, it’s a gift that needs to be earned.

Nevertheless, there’s $20.02 in virtual earnings right now. Which would mean this site is profitable already :) Well in a fantasy maybe… cash is king, remember that one.

Hours spent

  • Technical: 0.25 hours
    • Changing redirects
  • Creating Content: 7.75 hours
    • Three posts, and preparation for two more
  • Monetization: 0.25 hours

Total hours: 8.25 hours

Budget status (this week)

Balance (start): $ 181.49
Cash In: $ 0
Cash Out: $ 0
Balance (end): $ 181.49
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