4 Passive Income Streams That Made Me Over $5k in May 2023
Welcome to my fourth instalment of passive income reports. Each month has been increasing rapidly and May has been the highest this month so far. I’ll provide you with a breakdown of each income stream and the steps I’ve taken to increase each income.
Check out my April passive income report below.
1. Amazon KDP — $3990.64

I’m pleased to share that May has been my biggest month so far. This passed the previous highest month of April where I made $3119.81.
My top 3 selling books of the month include 2 activity books and a log book.
My expenses for Amazon KDP include ads which came to $748.03 and subscriptions for different software came to $106. You can read an in-depth report for the month below.
2. Youtube — $1076.89

I’m really enjoying creating youtube videos at the moment and I uploaded 9 videos during the month of May.
I had 130,000 views over the month, with over 7100 watch hours and gained 3000 subscribers during the month of May.
My channel is about Amazon KDP and making money online. You can check it out here.
3. Affiliate Marketing — $202
This income stream has slightly increased from the previous month.
I promote products and services I use across my social media platforms. My strategy is to create useful tutorial videos about these products and services for my subscribers and if they click on the affiliate link and buy then I earn a commission.
I shifted my focus last month to affiliates that provide a monthly subscription plan so that I get paid every month and this resulted in similar earnings.
4. Medium— $48.88

My third month of the medium partner program has been my highest month so far. I wrote 20 articles during the month of May and this helped me increase my earnings from April.
My goal was to write an article a day however I feel I am able to manage 12-20 articles a month consistently and this is what matters over the long term.
My top 3 articles of the month include:
Final Thoughts
May 2023 has been a fantastic month for passive income earning a total of $5318.41. These results have taken many years of hard work and don’t happen overnight.
This is more than halfway to reaching my goal of $10k a month in December which I’m hoping to reach.
This month I’ve started a free newsletter, Royalties On Demand, which offers tips and strategies to build a sustainable income online. Here’s a glimpse of what you can expect every Sunday:
-Amazon KDP Tips and Strategies
-Niche Ideas
-Side Hustle Ideas
-Exclusive Discounts and Offers
I will also be offering a free 30-minute one-to-one coaching session for a lucky subscriber every few weeks. If you’re interested, I would love for you to join:
I will also be releasing my Ai coloring books ebooks guide next Sunday and subscribers on my email list will get 25% off using the discount code sent out in the newsletter.
Thanks for reading!
Twitter: https://twitter.com/DannyOnDemand1
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