Keep Your Income During a Down Turn Economy
It is not secret that our economy is in a slump and it is possible it could get worse before it gets better. So what is a person to do if they want to ensure they always will have a monthly income coming in?
When the economy is booming, affiliate marketing rocks. People have money to buy all sorts of things and sales can quickly add up.
However, as people have less and less disposable income most high ticket items are the first to stop selling. You will find that any products that cost more than $30 - $50 wont be selling as well as they used to.
In this market you need to find inexpensive items that people need, not just want. People always need food, clothing, beauty, health products and inexpensive entertainment. Markets like luxury vacations and other types of expensive recreation will be one of the first to suffer in a bad economy.
Want to not only preserve, but increase your income when most markets fall? Stick to things people will be looking for and need.
Here are some ideas -
1. How to save money by….
2. Make money by…
3. How to _________ for less…
If you have niche websites I recommend you have several income streams on them. If you are used to making all your money through affiliate marketing, also be sure to put something on there that pays you per click or by so many page views. This way you can still make some money even if people don’t buy anything.
Avoid wasting money on ineffective marketing. For example, I have never made a dime by using PPC like Adwords. Finding ways to advertise for free through article marketing and search engine optimization will allow you to continue to bring in traffic if money gets tight in your household.
For article marketing I use Unique Article Wizard. I have found them to be the best overall value for the results. In fact, the cost for their service is the only expenditure I have for advertising.
Above all, don’t go into debt to build your business or to buy anything else. Not owing anybody anything will help you to keep your head above water if things become difficult.
Amy Bass - My Debt Free Goal
Progress Overview
Good word Amy, now is the time to be frugal. Free events and activities are the best.
Hi Amy,
I have a few questions about Instant Article Wizard:
1) Does Instant Article Wizard submit to EzineArticles?
2) Can you select which article directories that you want to select to or do they automatically submit to all of the appropriate directories?
3)Are you writing your own initial articles or are you outsourcing?
Thanks,
Bridget
I’m sorry, I meant Unique Article Wizard.
Hi Bridget,
They submit to everything but Ezine Articles so I submit to both.
They submit to about 600-800 directories based on the categories you select.
I outsource some of my articles and write some. It is nice to have an extra hand or two to help sometimes.
Hey Amy-
I was wondering if you could let us know about how much you are earning per month total? I’ve followed your blog forever and was just cjecking in to see your progress. thanks!!
Oh I see you have been busy changing your blog around a bit.
You have made a big dent in your debt this month! I am wondering how your Cashcrate passive income is doing lately? Has it faded away or is it still going fairly strong?
Daisy,
Amy
My cashcrate income is stable right around the $400 a month mark.
Wow I didn’t notice the earnings difference either
Good job! Another good post, as usual 
-Seb
Amy, I really miss your monthly earnings. It’s 4 months late! I miss reading them and I hope you’ll at least type up June’s.
Thanks
This is a very good idea and also part of what makes working online so fun … each new situation gives us new ideas for articles and websites and in the process, the information can help people!
I just found your site. What an inspiration, keep up the good work.
Do you also do social bookmarking or other ways to get your site backlinks? It is great to see your progress. I also like to see the monthly breakdowns.
Deb
Hi, in your 2007 blog post which you can find it here:
http://www.mydebtfreegoal.com/2007/10/very-impressed-with-jetsubmitter.html
you were still using Jetspinner at the time. You also mentioned UAW and how it costs more and all. However, now I see that you’re using UAW. Any reasons why this is?
Does Jetspinner not live up to its promises?
Which one you think is better?
Thanks.