Welcome! Today I’m sharing my August online “extra” income details: how much it was and where it came from!
I am thrilled to be earning money online again and this time I’m documenting each month how I’m earning the income and how I’m growing it too.
Why I’m Sharing About Extra Online Income
This is the second month I’m sharing the income I’m making from Youtube videos. I wanted to share these reports for a few reasons.
First, accountability. I’d like to have somewhere to talk about what I’m doing and how I’m using my very limited spare time now to increase my online income. I’d like to share these because it’s a nice way to look back and learn from my mistakes and successes. I started blogging years ago as a way to do the same thing in other areas of life so I’d like to do the same with online income.
Second, education. I’m sharing how much extra income I’m making online each month in an attempt to chronicle it and to grow it. Having extra income would help our family achieve so many goals and I’ve watched other bloggers grow their income and I’d like to do it too. I’d also like to educate others on how you can earn extra money online (or even just on the side in “real life”). Earning extra money is possible and I want to show people it is possible.
Lastly, I love reading side/blog/online income reports. They aren’t for everyone but I’ve always loved reading blogger’s income reports. It’s inspiring to see what can be created from nothing.
I don’t know how long I’ll be doing these, but I’d at least like to chronicle the experience while I’m focused on earning enough extra income to pay for new expenses like daycare!
August 2018 Extra Online Income
July was a pretty typical month for my online income, so it’s a great place to start and now August shows how the income is not always going up despite my best efforts.
Here’s my income source breakdown:
Total Income: $353.44
This is the amount earned in August 2018, before any fees, expenses, or taxes. That means I don’t keep all of it it and at least 30% will be gone before it hits my bank account.
I listed the various affiliate marketing programs I participate in above. Those referral links will take you to sign up if you are a publisher or youtuber or influencer.
Those are some of the top companies that offer affiliate marketing programs for places like Kohl’s and Wayfair and Erin Condren and thousands of others.
Extra Income Thoughts
It’s a bit disheartening this month that I didn’t make my goal of $500 earned. That number has been the benchmark for me for a while now and not hitting it means the lack of focus and effort is finally catching up. What you don’t tend to will eventually wither.
This month is a great reminder to me that I’m earning extra income online on the side to help with our financial goals and to help me spend more time with my family in the long run! It’s something that gets pushed to the back burner but really needs more attention because the WHY behind it is so important.
It’s also a nice reminder that affiliate marketing is pretty awesome. I love the fact that I can recommend products I actually use and get paid for it without it costing people anything extra. Sure affiliate marketing gets a bad rep and many people use it in scummy ways, but at it’s core it’s a positive experience on both ends. I try to be upfront about my links, explain how they work, and people reward that by buying.
I’ve added my top / favorite affiliate marketing opportunities to the list so you can see where my income comes from and join them as well if you are interested in earning more income from your online activities.
YouTube Channel Growth
My YouTube channel has experienced decent growth in the last couple months and I finally hit the mark for monetization!
To be monetized with the current standards you must have 1,000 subscribers and 4,000 watch hours.
I hit 1,000 subscribers pretty easily since I’d already had some people who knew me online from past blogs back in the day. However, I didn’t have nearly enough watch time on my channel. Having people watch 4,000 hours of your video content is actually quite hard unless you go viral.
I’m thankful that I finally hit the monetization mark because now I can stop worrying about hitting that goal. Getting watch time has been the bane of my existence and now I can focus on just producing good content.
My channel is still under review but I should be back to earning income from ad revenue on Youtube soon.
Popular YouTube videos on my channel last month:
- What I Packed For An Alaskan Cruise
- Alaska Cruise Essentials
- How To Get FREE Baby Stuff
- August 2018 Budget Plan With Me
- August Cash Stuffing Envelopes
Thank you for watching my videos and encouraging me to earn money online! I truly believe this will be a key to our financial success.