Update for March « Double Your Way To A Million Project

Update for March

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March was a bit of a slow month for my doubling efforts, however there was a few small additions. Part of the reason for the slow down was a trip to Melbourne, and the planning for that around work, did not leave huge amounts of time for me to work on ideas for this project. As it stands for March I added a total of $2.78 to the project, however there were a few other potential future additions mounting.

Firstly Interest on the bank account come in again, almost doubling this month to $1.63, this is partially due to fact that the amount of money in the account also almost doubled. Also partially due to a raise in interest rates. This is something that will only increase as the money in the project increases, and will be come a large factor later on in the project. As when for example I reach around the $100,000 mark interest will be contributing anything from $300-$500 a month, depending on rates, and the length of the month, or about $12 a day based on currant rates.

The other $1.15 I found this month, with a $1 coin that I found in a car park. More surprisingly, I found the other 15 cents at three different times on the ground while I was in Melbourne. This more surprised me, as I had been told by a number of people that Melbourne had a lot of homeless people and beggars. Even this being the case, I still found money three times while there. Maybe it was only 15 cents, however it was still money.

Finally I have had some more small gains from internet venture’s however they are all still waiting to reach the minimum payout threshold. With another small addition to Google Adsense, and also a commission on a new program that I joined which is an Australia based book sales website. As part of this, I just wanted to let you know about two new websites I have launched, the firs is www.besocial.com.au this is a website that I have created to share tips for working with Social Media, take a look you may find some useful information. The second site is www.oneyear.com.au, the site is currently offering daily quotes, however I am working on some more content to share, which is focused on helping you to define your goals and really work towards achieving amazing things in the period of one year. Please have a look at both.

Finally looking forward, I still do have some money to come from the consignment stock that I mentioned a few times, not sure on an exact date, but we will see when it comes exactly how much it is. Also looking at getting my new websites up to speed, and working on putting together some products that you may be interested in buying. Otherwise, looking for some more ideas as well, I am sure there is something out there that can speed up the progress it is just finding it. Anyway being Good Friday, have a good Easter break, and stay safe.

1 comment to Update for March

  • Hey Joel,

    I’ve recently started my own doubling challenge. Reading through your archive I’ve been really impressed by the different ways you have managed to generate income. What advice would you give to someone new to this?

    Any help would be much appreciated and I look forward to reading your future updates.

    James

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