My first month has passed, and it's time to take a look back at my residual income for June. I started the challenge on June 7th, so I missed a full week of earnings. Since I started the challenge, I have found 11 different ways to earn residual income online and only 2 have paid so far. Many of these I came across towards the end of the month so they need time to work.

I have already found one dud (ePinions), and I am still evaluating the others. The Exmainer and eHow are the only two I made money on and I will continue to work hard at posting articles to these sites.

The rest of the residual income opportunities I will continue to evaluate and eliminate the ones that aren't worth my time. I'm always in search of new residual opportunities, so I will replace the new ones with the ones I get rid of. Here is a breakdown of my June earnings:

eHow: $2.44 (30 articles)
The Examiner: $13.64 (8 articles)
Total: $17.49

Average Daily Earnings: $.73

I'm a little disappointed with my eHow earnings. With 30 articles I thought I would have at least made $10-$15 for the month. Sure it's missing 6 days, but it is obvious that would have made little difference. Basically, I made $0.08 per article for the month. From what I gather, most writers on eHow average $.25-$.50 per article per month. To keep my income diversified, I will continue to write articles for eHow but mainly on trading the stock market as those were some of my best producers.

On the flip side, The Examiner has been a gold mine and I love writing for this site. Since they pay based on page views, it is very easy to earn a residual income from this site. They even update the earnings in what seems like real time. I'm still not sure how much an article averages daily, but I will continue to monitor my earnings and post about this soon. Here is a screenshot of my June earnings at The Examiner.


More importantly, The Examiner helped me stay way ahead of my daily profit goals to eventually make it to $100 per day in residual income. I averaged $.73 per day for the month of June, and I only needed to average $.13 per day. This will only get harder as the months progress so I need to stay focused and continue to post a lot of articles.

The Examiner has obviously surpassed my daily eHow earnings and it will be the main driver of The Residual Income Challenge. Going forward, I think Xomba has some potential for income, and as my blog matures Google Adsense and Kontera Ads should help me meet my daily goals.