Month: September 2019

  • August 2019 Online Income Report – $1,118.40

    Welcome to my monthly online income report!

    Each month here on the blog I share what I earned from online endeavors like this personal finance blog, my YouTube channel, and my Etsy shop. I like sharing real numbers to inspire myself and others.

    Since May when I realized earning more online income could keep me from going back to full time hours, I’ve tried to squeeze as much work into online income generating activities as possible. In June that didn’t necessarily pay off in income earned but it set a good foundation for coming months. I know that in the final quarter of 2019 my income can potentially jump up because of the foundation I've laid.

    Growing my online income is so important to my current financial goals and that focus matters so much to my family right now!

    Why Share An Online Income Report

    I’m sharing my online income reports as a YouTuber (my main priority these days even though I started years ago as a blogger) to show people that it is possible to make money online. Lots of people want to know how much small youtubers make and if you can make money from a small YouTube channel.

    earn money from home as a mom

    I’m a small YouTuber that started just so I could share videos of my Alaska vacation, but it’s turned into so much more than that over the two years that I've been making videos on YouTube.

    Once I realized I could also earn money with the videos, I decided to set a goal of making YouTube into a side hustle. My original goal with earning income on YouTube was to earn at least $600 dollars a month to help pay for the additional daycare expenses for my daughter.

    Any amount of money would help our financial situation since we had increased expenses and I wanted to work less as well. Those two things don't go together without added stress, so my plan was to increase my side hustle income!

    I knew that earning money online was possible because I had done it once before as a blogger on a small scale and even though I’d let that income and blog life go, I had seen hundreds of others do the same and more by reading their online income reports. If people could earn tens of thousands a month online, surely I could earn $600 a month.

    Income reports inspired me to try to work harder and do more while building my online income through my YouTube channel

    While I’m not earning a full time income online currently, I am happy to show that I’ve grown my income to hit that original online income goal and I’ve been able to help a lot of people along the way. It’s amazing that we can earn money creating and sharing content online.

    Previous Income Reports

    If you’re interested in past income reports, you can see all of them here:

    Online Income Reports – Pennies Not Perfection

    As you can see from past income reports, my online income in 2019 has been trending much higher than my income last year. The growth is not viral or explosive but it is moving up every single month.

    I’m consistently earning $700-$800 a month now when I was only earning $300-500 last year. That might not seem huge since it’s small numbers but that means I have doubled my monthly online income!

    My goal for a while now is to bump up to the $1,000 a month mark consistently with the income I’m generating from the online business activities. It’s amazing to think that it’s within reach and soon I could be earning $1,000 per month.

    I like sharing these numbers to show small YouTubers what is possible with a channel that isn’t huge or growing by hundreds of thousands of subscribers in a year. While that would be amazing, it is possible to still earn income as a small channel.

    Seeing these numbers in this format helps me to see the growth I’ve already had and inspires me to keep growing.

    I plan to grow a blog/website around my channel as well and hopefully these income report numbers inspire anyone looking to grow from humble beginnings online.

    August 2019 Online Income Report

    Here are the main income sources broken down by what I earned for the month of August. I’ve included referral links to each if you want to join too!

    Total Income: $1,118.40

    This is the amount earned in Aguust 2019, before any fees, expenses, or taxes.

    That means I don’t keep all of it it and at least 25% will be gone for taxes before it hits my bank account. I also won’t be paid all of it in the month it is earned since each source pays out at different times.

    However, I must say with much excitement: I hit my goal two months in a row! I made $1,000 in a month! Again!

    I hit the goal of earning $1,000 in a month from mostly YouTube generated activity which is insane and exciting and worth all the work that has gone into it. I try not to think of my overall hourly rate because it definitely wouldn't make me as excited.

    What I Worked On In August 2019

    In August I worked on a few different priorities both growing income sources I already had and creating new ones.

    Made affiliate marketing improvements.

    I continued with my implementation of tweaks I learned from Making Sense of Affiliate Marketing.

    I've been looking for additional affiliate marketing programs for products and services I already use and love that would be a good fit for earning money because I already talk about them. I love the idea of affiliate marketing but I never want to promote junky offers just because they can earn me money. Authenticity and trust is important to me so I'll never promote something I wouldn't use or recommend for my mom or daughter.

    Adding new affiliate partners in the coming months and continuing to make tweaks on my existing ones should help increase the affiliate revenue. I’m very happy with the Making Sense of Affiliate Marketing course so far because it’s helped me focus into a better direction.

    Added products to my Etsy shop.

    Last month I opened my Etsy shop (well at the very end of June) and I only opened with a couple printable products. I had the goal of continuing to add new ones and this month I did! I added several new ones and made a few sales.

    Getting sales as a new Etsy shop is the hardest part of opening! Getting products created and up for sale wasn't difficult but actually getting buyers is the area where new shops struggle. While I did get a few sales this month I have a long way to go to make Etsy a sustainable income source.

    August 2019 Online Income Wins

    Time to celebrate some things that went right with online income in the month of August!

    Income over $1,000.

    Like I’ve mentioned, my first goal was to get to earning at least $600 a month, and more recently I challenged myself to start hitting $1,000 a month.

    That felt like the next level of income and one that seemed impossible just a year ago. It seems that every month the income I'm earning from this side hustle continues to grow and I'm so blessed by this fact. I know as long as I focus on helping more people it will continue to grow.

    This is the best side hustle. I love being able to earn online income through making videos, writing blog posts, recommending and creating products that help other people. This allows me to be creative, supportive, and encouraging. All the things I want to be in life.

    August 2019 YouTube Income

    My YouTube income was high again this month thanks to several videos that did well and had high CPMs.

    I shared a video about how YouTube Ads work and how CPMs work if you are interested in learning about how you can make money on YouTube.

    I plan to keep focusing more on personal finance topics that will raise the overall income of my channel due to the higher CPMS based on topic. I loved doing mom life content and vlogs with my baby, but they definitely don't pay as well or reach as wide an audience. I'm also not a mom that's confident enough to give advice.... but I do have something to say about earning money online and handling money wisely!

    What I’m Working On Next

    So what’s on tap for next month? I’ve got a few things planned:

    Grow the products in my Etsy shop. I haven’t dedicated nearly enough time to my Etsy shop and the items in it but I want to create more items and also promote what is already there. I have a big goal of eventually getting to 50 items listed in 2019 so I'm hoping I can continue to add products and grow the amount of listing and sales.

    Create more affiliate focused videos. I made a couple affiliate product focused videos and they did quite well for my channel based on the response and the income. After taking Making Sense of Affiliate Marketing I have so many ideas to implement and just need to find the time to do so. I’m planning to create more affiliate focused videos by focusing on single products and being super helpful in the content. I honestly never want to create anything that isn't helpful to at least one person.

    I also plan to start working on the strategies I noted to prepare for December when affiliate marketing income is high.

    Popular YouTube videos on my channel:

    Thanks for reading/watching/following along with this online income journey! Stay tuned for more online income reports.

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  • Welcome to Pennies Not Perfection!

    Welcome to Pennies Not Perfection!

    I've been oversharing my life online for over a decade now and Pennies Not Perfection is the ultimate connection of where my communication and passion meet: talking about handling money without stress and anxiety.

    Over the years after I graduated college I taught myself the basics personal finance by reading personal finance blogs, books and magazines. I knew that I was doing it wrong when I felt overwhelmed and stressed every paycheck.

    I also knew that debt could ruin my life. I'd seen my half-sister take her life due to debt and depression and I'd seen my mom lose her house to foreclosure. I know that without knowledge and a plan, I'd likely end up in a bad situation because I'd seen it happen to the people closest to me.

    That desire for financial success and knowledge led me on a decade long adventure to pay off $5,000 in credit card debt, $22,000 in student loans, and $43,000 in parent plus loans, which I'm currently still tackling, along with paying off a car and cash-flowing a wedding and multiple large vaations. It's also inspired me to buy a home, invest my money for the future, and learn how to budget and cut impulse spending.

    There is no one path to financial success. I pull from different "financial gurus" taking the advice that works for our family and leaving the rest. There's no one size fits all plan.

    Ultimately I've learned you don't have to be perfect with your financial decisions to win. You just have to make a choice, pay attention, and keep learning. Perfection is not required to win with money.

    In the decade of learning about personal finance, I've made plenty of mistakes. There is always more to learn and our world and stage of life is constantly changing and requiring adjustments.

    Today I'm working on this brand, Pennies Not Perfection because I want to inspire other women to take control of their financial futures. To learn how to budget. To learn how to deal with the emotions and problems around impulsive and emotional spending. To start or increase investing for a beautiful and secure future.

    On this blog and my YouTube channel I plan to continue sharing our own journey to financial success for inspiration along with sharing tips, tools, and information that might work for your situation too. Remember that I'm always still figuring money out and am not a financial planner. More of a financial motivator, because I know that YOU have the strength and ability to learn about money and make good choices for yourself.

    If you've ever internalized the messages from society that you're bad at math or not good with money or not smart enough to invest, let them go now. None of that is true and you are 100% capable of winning with your money.

    I'm not a financial expert or a financial advisor, but I am a financial encourager. I will be here to motivate you and encourage you every step of the way.

    I hope my experience and transparency helps you see that you too are capable of doing anything. You've got this!

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