Flexibility Is Freedom

Category: Income Reports

June 2025: 7 Years of Flexibility & Freedom

By Tom Qiao on July 2, 2025

On June 22, 2018, I walked away from a promising career in finance at Canada's largest pension plan to become an entrepreneur focused on building passive income businesses. Since then, many things have changed, but many still remain the same. So what's still the same? What's changed over the last 7 years? This pretty much […]

August 2023

By Tom Qiao on September 1, 2023

Welcome back to Flexibility Is Freedom! It's been a relatively quiet summer and I mostly spent this month working on home renovations. Hopefully, after another month or two, I can wrap up the reno's and rent out another unit of my house. During the last week of August, my family and I also went on […]

July 2023

By Tom Qiao on August 1, 2023

Welcome back to Flexibility Is Freedom! After a long hiatus the last few months, I'm back to producing these monthly income reports, and have filled in the last few months that were previously missing. Since I returned to Canada in mid-April, it's been a bit of a blur - my sister had a successful surgery, […]

June 2023

By Tom Qiao on August 1, 2023

This month, I continued the renovations on my house - currently building out a shower - with a tentative plan to rent out another unit by September or October of this year. Alas, with interest rates continuing to rise again (thanks, Tiff Macklem! 😒), I've had to make this decision in order to provide myself […]

May 2023

By Tom Qiao on August 1, 2023

This month, the main development was Amazon Associates sending me a targeted campaign with higher commission rates from May 15 to June 18, which is 5 full weeks. This helped pushed revenue back above $2K while traffic firmed about 17,000 sessions. As a direct result of the higher commissions from Amazon, EPC (100) rose to […]

April 2023

By Tom Qiao on August 1, 2023

This month, I returned to Canada via Singapore after almost 6 months abroad. I had an unforgettable experience and cannot wait to travel again later this year! Key Metrics Performance for this month was pretty weak, both revenue and traffic sliding ~15% each. Now that I've returned home, my focus is to shore up the […]

March 2023

By Tom Qiao on August 1, 2023

Sawadeekrap / สวัสดีครับ from Bangkok, Thailand! This month, I'm back in the largest city in Thailand after making a visa run to Kuala Lumpur, Malaysia for 3 days. I must say I really enjoyed the change of scenery in KL - a sprawling city inside a dense jungle - with some amazing street food to […]

February 2023

By Tom Qiao on March 1, 2023

Sawadeekrap / สวัสดีครับ from Nakhon Ratchasima (a.k.a. Korat), Thailand! 🇹🇭 I am currently in the third largest city in Thailand, Nakhon Ratchasima, which is the capital and largest city in the northeast province of Isan. In February, I also travelled to popular destinations like Pattaya and Phuket to experience the beaches of southern Thailand that […]

January 2023

By Tom Qiao on February 10, 2023

สวัสดีครับ (Sawadeekrap / Hello) from Pattaya, Thailand! 🇹🇭🏖️ I am currently living in the beach town of Pattaya, about 100 km from Bangkok. Life moves at a slower pace here and the cost of living is very attractive; however, the town is very "touristy" and sometimes doesn't feel like you're in Thailand anymore. View this […]

December 2022

By Tom Qiao on January 1, 2023

สวัสดีครับ (Sawadeekrap / Hello) from Bangkok, Thailand! 🇹🇭 Happy New Year 2023! 🎊 After three long years, I finally returned to the Land of Smiles in mid-December 2022. The last time I was here, it was late 2019, just before the beginning of COVID. While I've only been back for two weeks, it feels like […]

1 2 3 … 7 Next »