Here is an update on my fourth of 5 financial goals for 2008. Here is a recap of this goal:

4.) Earn $5,000 In Income From Side Businesses
2007 was also a bad year for side income. My friend and I have a business but we were both too busy most of the year to do much with it and our profit suffered immensely. I would like to increase my side business income to $5,000 which includes that business and other side ventures I pursue.

Progress

Well so far this year I have only made $451.10 from side income. This is only 9.02% towards my goal for the year.

I knew it wasn’t going to be good. I haven’t done as much work on my side ventures as I had hoped to at the start of the year and the numbers definitely show it. Unfortunately the next few months are going to be rather busy for me as well so I don’t think I will have time to finish up any of the side projects that have been lingering for some time.