Firstly let both Allison and myself wish you all a Happy Christmas and a peaceful and prosperous New Year. This is the time of year where I set out my plans for what's to come so in this newsletter I have decided to let you into some of my plans for the coming months and have a bit of a review of what has changed for us during the past year. And what a difference 12 months makes. At the start of 2006 I was still focusing on building Adsense portal sites, I was churning out 10-20 sites a day using my auto building system which created the sites, and a blog farm at the same time and then automatically posted links to the blogs every 4 hours . 12 months on and the sites I build are very different , I now build small 10 page sites with either Adsense or Pay Per Lead ads and promote them with article marketing and social book marking. I now build only 1 or 2 per week and I am concentrating on creating large themed sites with multiple sub domains. I have built in the ability for me to switch from Adsense ads to CPA ads instantly this allows me to use 2 copies of the same sites and test how both types of ads perform. At the beginning of the year my sole source of income was from Adsense now it is only a small part of my income my aim is to gradually ease back on Adsense until it is only earning me about 20% of my income. I have made a lot of progress with affiliate sales this year and I have some product sites that are earning consistently. I have also started to make some income on Pay Per Lead ads. I sold my first products during the year and created my first list. (You my dear friends!) . I have also been writing online income related articles for a few magazines. I have also added the profit sharing sites I mentioned in the last newsletter as a source of income however this is planned as a long term residual income so I am just adding the occasional $100 and not planning on withdrawing anything until late next year. Around the middle of the year I handed over all the promotional duties of my sites to Allison since then she has discovered talents she never realized she had. So as well as promoting all my sites she now writes articles for people along with e-books. In the last 4 days alone she has written over 30,000 words. I am seriously considering setting up a site promoting her article writing luckily for us we have a neighbor who has had research papers published and used to write parliamentary documents in England who can help out if Allison gets too busy. So if you ever need any articles you know where to come. Next year is looking good I have a plan in place to hopefully treble my income between now and late next year. My plan last year was to double my income which I had managed by February. So you can see there is a lot to be said about making a plan and I would encourage you all to sit down and make a plan before the New Year. I'll write something in the blog later today about making plans. (income-academy.com/blog) My plan for next year involves lots more PPL sites, a membership site selling ppl/Adsense sites maybe a bit of coaching and I have a couple of collaborations planned with other people who earn all their income online. Plus there is something coming in the next week or 2 that will be huge and may shape the coming year for many people. I'll write about it you as soon as I am able to. I have recently finished doing a number of phone interviews with a friend of mine and he has made them available on his blog http://www.bloggerwizard.com/xmas-2006/ you'll see them at the bottom of the page the 2006 one relates to what has happened in the past year and the 2007 is my predictions for the year to come. And finally Thank you all for listening to my ramblings over the past few months I hope you got something from them. That's it for this year as ever if you have any questions please feel free to emails me and you'll find this and additional material on the blog http://www.income-academy.com/blog/ So a peaceful and prosperous new year from Allison, Emily (my daughter) and myself.