Welcome to my third income report! September was busy for me, which should mean more money in my bank account in the near future.
One of the hardest things about making money from my blog is tracking my income. Sometimes I have to submit invoices, other times I get paid through an agency or directly from a company.
And everyone has their own payment period. It can be 30, 45, even 90 days. So tracking my income is super important. I use a spreadsheet in Google Sheets, the same one I talk about in this new budgeting post.
On top of all of that, I also have to keep track of my taxes since none are taken out of my earnings. What I do is take 20% from everything I earn and put it into a separate savings account that’s just for my freelance work taxes (I love using CapitalOne360 as my bank!).
As confusing as this may all sound, I have to say that since I quit the corporate world earlier this year (I now blog and babysit – earning just as much as when I had an office job!), I love the freedom over my time. I don’t feel tied down and I dictate my own schedule. This liberation makes all of the tricky parts of being self-employed totally worth it to me.
How I Made Money Online in September
Most of the money I make online is through this blog, Crafty Coin. However, I’ve now ventured into some Virtual Assistant work which I absolutely love! I include that income in this report because 1. it’s money I’ve made working online and 2. if it wasn’t for my own blog, I never would have gained the skills needed to work as a VA.
The numbers you see below reflect what I’ve actually been paid. This means that although I may have done more campaigns and projects this month, I won’t post that income until it’s been deposited into my bank account.
- Display Ads
- Mediavine: $391.02
- Sponsored Posts
- Affiliate & Referral Marketing
- Freelance Services
- Virtual Assistant: $400.00
Total Income: $1,376.02
- Bluehost: $54.75 (my website hosting – I was charged for two expenses, but will be getting a refund next month on one)
- Convertkit: $49.00 (email newsletter service)
- BoardBooster: $2.76 (Pinterest scheduling tool)
- Facebook Advertising: $9.94 (I’ve been experimenting a bit with Facebook ads)
- Campaign Supplies: $36.15 (I had to purchase these items for sponsored posts)
- Business Supplies: $50.99 (I bought this backdrop from Etsy)
- Coffee Shops: $18.07 (I sometimes just gotta get out of the house to get work done!)
- Education: $36.00 (I took the Date Your List course from the Busy Budgeter)
Total Expenses: $257.66
Estimated Taxes: $275.20 (about 20%)
Total Net Profit: $843.16
In September, I posted five new blog posts. They were:
- Creamy Chicken and Vegetable Soup – $.89 per serving
- How I Made $1,133 Online in August 2017 – Income Report
- 8 Tips to Stay Healthy in College on a Broke Student’s Budget
- How to Pack Everything You Need for Your Trip in a Carry On
- Budgeting 101: How to Create a Budget for Beginners
The one I was most proud of was “How to Create a Budget for Beginners”. The email I sent out about this post got lots of great feedback and I felt like I was really able to help many of you start your first budget.
Thanks so much for your kind words and for taking the time to reply. Those messages make me really happy to be a blogger!
Some other accomplishments from September included:
- Join 3 quality Pinterest group boards. CHECK! This was an August goal that I achieved. I found some great new boards to join, although my Pinterest traffic was low last month overall.
- Accepted to 4 sponsored campaigns for October. Most of my sponsored posts are coming from Social Fabric and Social Native currently, although one is from Sway for October.
- Increase in income. I made more money this month than last! In August, my gross income was $1,132.60 vs. $1,376.02 this month. That’s about a $243 increase!
- Stick to a posting schedule. I’m still struggling with this. I need to decide how many times per week I want to post (1? 3?), and JUST DO IT.
- Get two weeks ahead. I have not yet managed to write content in advance. I always publish my posts as soon as I’m done writing them (which is what I’m about to do with this one…).
- Create a free course. I have the emails half written (Convertkit makes this so easy!), now I just need to finish and make the course live.
Blogging Goals for 2017
Instead of writing monthly goals, I’m going to stick to a handful of overall blog goals that I hope to accomplish by the end of 2017.
- Stick to a posting schedule. I’ve already created a simple editorial calendar in Google Calendar and want to fully complete it!
- Create a free course. My goal with this is to better engage my readers. I’ve got a few ideas in my brain. I’m keeping them quiet for the moment, but will definitely share once this goal is realized!
- Create a paid product. I know exactly what I need to create to sell, I just need to take the time to do it!
- Turn the blog off. When you’re working online, it can be really hard to shut it off. I find myself browsing Pinterest when I’m watching a movie or constantly staying up way too late at night on Instagram. I want to use my time more wisely and focus on consciously not thinking about my blog.
Do You Want to Make Money Blogging?
There are a lot of people out there telling you it’s possible to make money blogging and here’s the truth: YOU CAN! However, the reality is that it’s not for everyone. You don’t have a boss setting deadlines for you and the only person holding you accountable to your blog is yourself.
But unless you start blogging, you’ll never know if you could make money from it. If you’re ready to give it a try, here’s my easy to follow tutorial on How to Start a Money Making Blog. If you have any questions or need help, email me!
P.S. For a list of my recommended blogging tools and resources, check out the end of July’s blogging income report.
Do you have any questions about how to make money blogging?
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