VOSA Month in Review : How Automation & Passinve Income Made October 2013 A Great Month

VOSA October ReviewOctober is one of my favorite months of the year.  Although I absolutely love spring and summer there is something that just draws me to fall.

I love the feel of the crisp cooling air and I love the beauty of the changing colours.  It also signifies the return of NHL hockey season which I’m always excited for.

Fall Colours

This year, October was a very busy month for me outside of work and VOSA.  I had an out of town wedding to attend and then I went on a two week vacation to San Diego, Califronia (I know, poor me) which didn’t leave much time for working on my business ventures.

San Diego

It was nice kowing my financial automating was still hard at work while I was on vacation for two weeks in San Diego, CA.

I did managed to work around some of the travel and vacation fun to accomplish some of my October goals but all in all October was a fairly quiet month on the work front.

What I do love knowing is that the automated systems I have in place continue to function even in my “absence”.  My savings goals were met, my tenants were well taken care of thanks to my professional property managers and my investment strategies continued to play out.

This is the beauty of focusing on passive income opportunities which are, typically, the only opportunities I focus on these days.  Now, I’ll be the first to admit that finding, starting, building and scaling these so-called-passive-income opportunities is anything but passive.  That being said, once you have your systems set up and in place they should continue to operate with or without your daily presence and involvement.

I haven’t talked much about my real estate ventures here on VOSA yet, but as I mentioned in the 14th way I have made extra money, I do have a portfolio of income properties that I do not manage myself that generates a passive income stream.  I do have an entire series of articles planned that I will first share with VOSA Insiders so be sure to sign up.

October VOSA Articles

Here are the new articles that were published on VOSA during the month of October.  I hope you enjoyed them and maybe even found a few new ways to save more money and make extra cash as well!

Great Articles From Around The Web

Here are just a few of the articles I enjoyed reading this past month.

What about you?  What did you accomplish in October?  What do you have planned for September?  Do you have any good articles related to personal finance that you want to share with myself and the VOSA readers?  If so, please leave a comment below.  Thanks!

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Comments

    • says

      You’re very welcome, thanks for writing such a great post that I could share with my readers!

      Like you said, passive income ventures are great investments to strive for and it’s where I am focusing the majority of my efforts.

      Thanks for stopping by and leaving a comment :)!

  1. Larry says

    Great pictures! You went from one beautiful place to the other. I am digging into your financial automation suggestions now and my goal for this month is to have everything set up before the end of the month.

  2. Mary says

    I posted my first few ads on Criagslist to advertise my freelance services. I have had a few calls but no contracts yet. I’m hopefully my freelancing will grow into a full time job over the next years!

    • says

      Congrats on getting your first ads live! I said in the post I’ll link to at the end of this comment that “Massive and imperfect action trumps inaction virtually every time.” Getting started is sometimes the hardest step and you’ve already put that step behind you! Best of luck with your freelancing endeavors!

  3. says

    Thanks for mentioning my post and thanks again for providing your valuable insight in the comments of that post. I love the pictures. October was beautiful here in NYC…unfortunately it seems like it will be getting colder from here on.

    • says

      You’re very welcome for the mention. Thanks for the compliment on the pictures. Be sure to bundle up and stay warm there in NYC! Thanks for reading and leaving a comment!

    • says

      Funny you should mention “snowball” as I use that term a lot. I also look at passive income opportunities as “layers of an onion” since once you have one set up and running on autopilot you can “add another layer”.

      Thanks for the comment :)!

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