1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Countdown To $0 From $14,010.05 In Student Loan Debt - My Journey Begins Today

Discussion in 'My Journey Discussions' started by DeCryptic, Oct 13, 2014.

  1. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    I have with the exception of one card, paid off all of my credit card bills. Aligned my finances and averaged out my daily income needed to successfully become a full time IM'er should I chose to go that route.

    While many on their journey are looking to make money with a daily goal in mind I right now have one ultimate goal in mind and that's totally eliminating my student loan debt which I've had to place in forbearance twice.

    My wife and I are wanting to have a child and I want to make a heavy dent in this current debt I have to help prepare for the oncoming debt I know a child can bring.

    I don't plan on revealing my sites or their specific niches which is why they each have a code name.

    The Journey Begins:

    Site 1: Enter The Sandman

    What I've done is taken an existing site I built a few months ago that has had very little traffic and have began hitting it with backlinks from a paid service I bought off BHW and a gig from Fiverr. This site uses content based around reviews on a specific hobby niche.

    I know Fiverr SEO is usually something you're supposed to avoid but I was curious as to how long it would take big G after their latest deindexing to catch up to it. This site will eventually get tanked but I'm OK with that as experimenting with BH techniques is a first for me so I'm willing to sacrifice it.

    Since I know the Fiverr links are going to pose a major risk I have also built a secondary site for this project also based off the Amazon affiliate program.

    Site 2: It's A Bit Cloudy

    This site is currently live although still in current construction it will have two target keywords in a specific niche reaching monthly searches of 9,000 and 4,000 and has several products that are easily cross promoted. This will hopefully make commission and sales a lot quicker than my first hobby site. This site will be strictly GH and WH only as I think it may have long term potential.

    Current tools at my disposal are:

    Long Tail Pro
    Market Samurai
    Semrush

    Site 1: Enter The Sandman (BH Techniques)
    Original Costs: $-125
    Launched: Will Return
    Monetization: Affiliate Program

    Site 2: It's A Bit Cloudy (GH/WH Techniques)
    Original Costs: $-1.67
    Launched: TBA
    Monetization: Affiliate Program

    Countdown To $0 Begins 10/13/14

    I only plan on updating this thread the days I make an effort to reach this goal and make it a success. I know no one wants to read about "how busy I am" or that I "meant to get to it" and all those other excuses people like to use. We're all busy. There's nothing special about that.

    I work full time and do web building part time - for now - but a shift needs to be made if I ever want to make my goal a reality.

    Let's see how far I can make it shall we?
     
    • Thanks Thanks x 2
  2. shortgigs

    shortgigs Regular Member

    Joined:
    Dec 13, 2013
    Messages:
    346
    Likes Received:
    305
    Location:
    Let's Tessellate
    Good luck mate! Will follow your journey. And low student debt might I add, mine is near 100k!
     
    • Thanks Thanks x 2
  3. eXtremeXYR

    eXtremeXYR Newbie

    Joined:
    Jun 1, 2014
    Messages:
    21
    Likes Received:
    5
    As another student, I'll be watching this thread as well.. Just to see fellow students in IM world :)
     
  4. LostConnection

    LostConnection Senior Member

    Joined:
    Jul 20, 2014
    Messages:
    1,172
    Likes Received:
    1,350
    Location:
    Grinding away in the night
    That's a great goal, beats the crap out of those 'I want a new BMW' types. Paying off your debts to provide for future children is admirable.

    And as a student, I'm curious as to have well you can manage to pay off your debts! I know I have been able to earn enough to later on pay back all the loan at once should I wish to.

    I know I'm lucky with the Finnish student loans, as it's basically free money, government backed with interest % less than 1, and they calculate the amount to pay back after you've finished all your studies... So even if I have a rainy day, week, month or year with IM, I will have my investment account, where the student loans go and get themselves invested for an average of 6-7% annual return. Not making me rich, but it's a back up plan.
     
  5. BigMoneyyy

    BigMoneyyy Power Member

    Joined:
    Feb 27, 2014
    Messages:
    644
    Likes Received:
    140
    Occupation:
    Internet Marketing
    Location:
    BHW
    Best of luck on your journey.
     
  6. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    Thanks everyone! I'm not really sure how to reply with multi-quote but I do appreciate the encouragement.

    Shortgigs: That amount of student loan debt would freak me out. I don't even want to imagine that although I do have a mortgage that's not to far off from there. I appreciate the follow!

    Extreme: Thanks. Hopefully I'll stumble onto something useful that others can use as well.

    LostConnection: Thank you. I've never been much of a materialistic person and making a dent in that debt will have a huge impact on what the future will bring for my wife and I. I wish our government would get with the rest of the world when it comes to student loans but taking out the debts lies squarely on me.

    BigMoneyyy: Thank you.

    Here's how I wrapped up Day 2

    Day 2: 10/13/14
    Customer Banner and Images created.

    Pages Construction
    -Home (Will revise to lengthen)
    -Reviews
    -Disclaimer
    -TOS
    -Contact

    Secondary Keyword Niche Page - 1k Length
    External / Internal Contextual Links Added
    Video Review Added
    Pinged site on Ping-o-matic
    Wrapped up 11:30 PM
     
  7. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    Day 3: 10/14/14 Progress Report:

    Site 1: Enter The Sandman

    This site had its very first sale finally after being up for a few months. Earned $3.40 of an $84.99 sale. I haven't purchased any more BH services for it just yet as I'm waiting on my reports to come back before I add more links.

    This is not an easy to rank niche so it's nice to actually see a sale finally happen.

    Site 2: It's A Bit Cloudy


    Site Indexed In G
    Home page lengthened to 1K+
    External / Internal Links Added To All Pages
    Affiliate Call To Action Added
    Wasted 3 Days on oDesk - Pulled Job Listing
    -Will write 10 1k each pages of content myself
     
  8. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    Day 4: 10/15/14

    Primary Keyword Page: 1k Length Written
    New Affiliate Links / Images Added
    Internal / External Links Added
    Non Linked Images Added

    Current Expenses To Date: -$1.67



    To early to pull data from SEMRush. I'm not tracking traffic yet until I at least get 10 reviews up and I can switch the site to a more hands off approach. I might try and churn out at least 2 (1k in length) reviews a day for next week. Following the week the reviews are live I'll start building proper links to the site.
     
  9. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    Day 5: 10/16/14

    Reactivated a job posting on oDesk
    Hired the first competent writer that applied for the job.
    10 articles at 800 words each for $30 dollars.

    Total running costs currently: $-31.67

    I will resume posting site updates on Monday 10/20/14.
     
  10. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    Day 6: 10/21/14

    Site 1

    I still haven't received the report for the paid backlink service I ordered on here so I need to look into that. I'm still showing the site indexed however. I'll probably find another BL service provider and throw even more links at it just to see how long I can keep it up before it gets tanked.

    This site is separated from my main accounts so experimenting with this one shouldn't be any issue to my other properties.


    Site 2

    Right now the site is at a standstill until I get my first set of 5 articles. I know recently there has been some chatter about G doing some more algo updates and since I'm not really tracking any traffic at the moment I have no idea if this has affected my new site at all. I am showing more pages indexed so I'll just carry on forward.

    My writer should have all my reviews to me this Friday and once all 10 are posted I'll give it a week and then slowly start dripping backlinks to it.

    Current Expense: -$46.67
    Current Return: $3.40
     
    • Thanks Thanks x 1
    Last edited: Oct 21, 2014
  11. deepdeep

    deepdeep Newbie

    Joined:
    Oct 11, 2014
    Messages:
    18
    Likes Received:
    2
    good luck will follow your journey
     
  12. Diophantus

    Diophantus Junior Member

    Joined:
    Aug 20, 2014
    Messages:
    130
    Likes Received:
    22
    Occupation:
    Housekeeping
    Location:
    Texas
    This journey hits home close brother. I'm in 20,000 and I started my journey making money online to pay all of that off. Best of luck to you I'll be keeping track!
     
    • Thanks Thanks x 1
  13. DeCryptic

    DeCryptic Newbie

    Joined:
    Oct 10, 2014
    Messages:
    10
    Likes Received:
    5
    Occupation:
    No Thanks
    Location:
    1011001110001
    Day 7: 10/27/14

    Site 1:

    Surprisingly still indexed despite throwing some negative seo tactics at it. Guess I'll toss another round its way and see what happens.

    Site 2:

    Received all 10 articles and will be making them all live today. The site is almost fully indexed in G and has been slowly aging appropriately. I'll give these 10 articles a week or two and then will start a link building campaign.

    Current Expense: -$46.67
    Current Return: $3.40