As far as I remember, my husband has always dreamt of early retirement. Obviously, to most of our friends and family, early retirement meant 55 years old, but to him, it meant his 30’s. Few people believe it to be possible, but again, few people are willing to put the time and effort to research, learn and invest time and or money, or, at least, to the same degree.
And to be honest, although I’ve always believed in the possibility of retiring that early, I tend to be a bit lazy myself. Don’t get me wrong, I love to work on new projects, I’ll put time and effort to do a good job. But when it comes time to invest that money, or to plan for the next 10 years, I tend to procrastinate a lot. Also, unlike him, I’ve always enjoyed having an actual 9 to 5 job. This was true until baby #1 was born. Suddenly, the flexibility of working part-time or from home really appealed to me. Working 9 to 5, meaning leaving before 8 and getting back home past 6 became a burden, and all these skills that I decided to take on years ago became relevant.
When I met hubby, he had just started his career as a video game programmer and I was finishing up my masters in biology. I have been involved in the field of research pretty much since.
Hubby was at the time quite interested in passive income, spending hundreds of hours reading and thinking about different ways of making passive income. We were definitely not hard up for money, but in his perfect world, he was spending his days at the gym, practicing bjj or going for long walks, while money was being earned, with very little help. He read a lot about making websites and using ads of affiliate links to make money and suggested that, maybe, I’d enjoy giving those a try. He was busy himself working on side projects I could not really help with (stuff that required much more skills than opening a web browser and writing stuff). Since most of my evenings, if not spent at the gym, consisted in watching a lot of Futurama and Friends, I decided to give it a shot. At day, I was officially Mrs SLM the “researcher “, and at night, secretly Mrs SLM the “blogger”. I remember that excitement when I made my first dollar off Adsense, then my first 2 dollars, followed by my first 5 dollars a month later. I remember showing my early earnings to my mom who thought this was “cute and funny” and telling her this was only the “beginning”!
Surely enough, by the beginning of the summer, I was seeing my first thousand dollars off the websites!
This became the start of my love story with passive income. At its peek, we made close to 5000$ in a month, while our overheads came close to big 30$ per month… Our “honeymoon” lasted about 3 years, until the rules of SEO and “Google” changed too much. I got tired of trying to keep up with all the ongoing changes, and slowly started abandoning my websites. We are now nearly 6 years in, and this year’s income from those websites is the lowest in 6 years. I have not visited or updated anything in nearly 2 years, and the income from those websites have drastically dropped down to 100$ a month.
Ever since baby #1 (big O) was born 20 months ago, I quit my job and we moved to my home city to be closer to family. Baby #2 being on the way, I haven’t had the chance to start working yet, so, as an experiment, I will try working on some of my websites again, and see if I can bring the income back to a substantial amount, and determine how much work it actually involves.