My November Earnings
An exponential increase
I value every single second of your precious time, so I will say the amount right off the bat. I earned $55.37, a 132% increase from the previous month’s earnings.
Key Takeaways
- I received a total of $13.60 from old articles. This might technically be considered as passive income. However, I now consider it as semi-passive, the reason being that I would still need to keep publishing new articles in order to continue growing this beautiful snowball effect.
- My hourly rate for November is $2.02, almost a 100% increase from October’s hourly rate of $1.08. Each article takes approximately 1–2 hours to write.
- This month’s top story made up only 10% of November’s monthly income, unlike October’s top story having 25% in that month. This is great because that way, I don’t get to have all of my eggs in just one basket.
On second thought, there isn’t actually much risk, if any, compared to stocks or real estate. So it’s basically a win-win, and that’s why I love Medium so much ❤.
Final Thoughts
As I mentioned before in October’s update, I love Medium because it helps writers earn a decent cash flow depending on the work they make here.
To be honest, $13.60 may not seem like a huge amount. However, it made up close to 25% of my November monthly earnings; that percentage also holds true for October as well.
Not convinced yet? Let’s look at it from another perspective…
A dividend investor will need to invest $4,080 dollars into a dividend stock that yields 4% per year in order to receive $13.60 a month.
Of course, the $13.60 a month perhaps may not be sustainable in the upcoming months, or it could even increase; who knows? Only time will tell.
My intention isn’t to brag about my humble earnings but rather to inspire you whenever you feel unmotivated about writing on Medium, and I hope I have done so.
As for the future, I will try another 30-Day Challenge by writing at least 30 articles consistently for December. Consider subscribing to see how’ll that goes.
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