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It’s the start of the month again and one of the things I do on the first day of each month is add up all the (preliminary) earnings figures of all my income streams to get a rough view of how much money I made last month.

I started doing this about a year ago but the last couple of months haven’t been that great. I just calculated the numbers of August and like I feared it was one of the worst months I’ve had in a long time. Compared to the same period a year ago income is down by about 40 percent .

Traffic hasn’t dropped that much and the main reason seems to be that advertisers are spending less money. There are probably several reasons for this but I believe the economic slowdown in the US and Europe is likely one of the main factors.

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