avatarDannyOnDemand

Summary

In August 2023, the author earned $5153.87 from four passive income streams: Amazon KDP, YouTube, Affiliate Marketing, and Medium.

Abstract

The author's seventh passive income report details earnings of 5153.87 for August 2023, with a slight decrease from July. The largest contributor was Amazon KDP at 4079.12, followed by YouTube at 639.68, Affiliate Marketing at 233.75, and Medium at $201.32. The author shares insights into the performance of each income stream, noting a 9.3% decrease in KDP earnings but an increase in YouTube revenue due to a higher RPM. Affiliate Marketing and Medium also contributed to the total income, with Medium having the highest earning month to date due to the publication of 16 articles. The author's transparency aims to inspire others to explore passive income opportunities and provides links to detailed reports and newsletters for further guidance.

Opinions

  • The author views the slight decrease in overall income from the previous month as acceptable, given the consistent ability to earn over $5k.
  • There is a sense of pride and accomplishment in maintaining passive income streams and the potential for growth, especially with Medium.
  • The author believes in the value of content creation and audience engagement, as evidenced by the increase in YouTube earnings and the focus on writing more articles on Medium.
  • The author is optimistic about the potential to increase earnings further by writing more content on Medium and exploring other passive income opportunities.
  • Sharing income reports and insights is seen as a way to motivate and inform others about the possibilities of earning through passive income streams.

4 Passive Income Streams That Made Me $5153.87 in August 2023

Created In Canva By Author

Welcome to my seventh instalment of passive income reports.

I’ll provide you with a breakdown of each income stream and the steps I’ve taken to maintain each income.

If you are not up to date with my previous reports you can read my July passive income report below.

  1. Amazon KDP — $4079.12
My KDP Earnings For The Month Of August | Screenshot By Author

August was my second-highest month of the year, with a 9.3% decrease from July.

My top 3 best-selling books of the month included an activity book, a log book and a quiz book.

You can read this in-depth article that includes my expenses.

2. Youtube-$639.68

My Youtube Earnings For The Month Of August | Screenshot By Author

I uploaded 5 videos and 1 short during the month of August. My income increased 3.3% from the previous months due to a slight increase in my RPM.

You can watch my YouTube channel here:

3. Affiliate Marketing-$233.75

I continue to build up an audience on social media platforms and provide tutorials on products and services that make my online business money.

4. Medium-$201.32

My Medium Earnings For The Month Of August | Screenshot By Author

August was my highest earning month on Medium, I wrote 16 articles during the month. I’m comfortable writing 3–5 articles a week but with these earnings, I feel encouraged to write even more and find how much I can make during the month of September if I write more.

I wrote about the month in-depth here:

My top 3 articles of the month include:

Final Thoughts

Although the month of August was a decrease in passive income earnings from the previous month. I was still able to cross the $5k mark, which I have consistently been able to do over the past 3 months.

I share these earnings to inspire you to find and start a passive income stream.

Make Money Online
Side Hustle
Passive Income
Make Money
Writing
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