Alternative Income: March 2008 (+$236.78)
Sorry for the delay, Here is the data from 2 months ago. The life of a resident may appear glamorous on TV with shows such as ER and Grey’s Anatomy embellishing the drama. However, the real reason this post is late is the combination of our 5 month old at home and lots of call at work.
When I look at this list I have to ask myself; “are these really sources of alternative income?” If you take a quick look at the list of my sources of “Alternative Income”, there isn’t much alternative about it…YET.
There isn’t anything unique about collecting interest from a savings account.
Many of us had savings accounts from a very early age. The only unique spin on our savings is that over $60,000 of the balance is in the form of 0% balance transfers from the credit card companies.
The family farm is pretty unique in America today but it’s not a reliable source of income due to the challenges associated with agriculture.
This will be interesting to follow as the generations change. Will we have a younger generation interested in farming again given the surge in commodities? Will we be able to increase our profitable without becoming a large corporate farm? How will the search for bio-fuels affect agriculture in the USA? I don’t have any answers but I do believe that I will see tremendous changes in how we feed and power our world.
My venture into the wide world web definitely would definitely qualify as alternative income.
It is a field far from my formal training and is done in my spare time. How this will turn out remains to be seen. Currently I am not covering my expenses and hosting fees but the potential for this to become a secondary source of income remains. The largest challenge for this income stream will be devoting the amount of time needed to write good original useful content.
And I haven’t won the lottery yet…..
