Community Question: Where do you get your beer money?
Here’s an open question for the community - I’ve talked in the past on the show about beer money and where you get yours.
Definition: beer money is the discretionary money you earn every month. It’s not part of your paycheck, just a few dollars extra for luxuries and discretionary expenses, whether it’s beer, lottery tickets, eating out, or other non-essential spending.
Addition: beer money also is ideally passive income, which means that once you’ve done the work and distributed it, the work can earn you money without you having to do additional work. For example, once you take a photo and upload it, you don’t need to do anything else with the photo. It’s for sale, and the only thing that determines your income level on the photo is your marketing of it, and the marketing of the service you use.
Some examples of beer money I’ve covered in the past:
- Selling your photos online
- Selling music online
- Affiliate programs like iTunes
- Selling ads on ad networks like Adsense and Adbrite
Here’s the question I’d LOVE people to answer in the comments:
Where do you get your beer money?
What’s making you some money on the side that is working out well?
If you feel comfortable saying so, how much beer money does any effort/program deliver?
