Welcome to my February 2020 monthly online income report! I’m diving into how I make money online selling digital products and making videos about our personal finances on my YouTube channel.

Each month here on the blog I share what I earned from online endeavors like this personal finance blogmy YouTube channel, and my Etsy shop. I like sharing real numbers to inspire myself and others and I value transparency which this report allows me to give you.

I’ve been slowly building online income over the last two years while working on my blog and YouTube channel part time during my off hours after working a full time job.

Growing my online income has helped me achieve financial goals like paying off debt faster! It’s been a lot of work in terms of a side hustle but I’ve enjoyed both earning income and helping people by sharing what we’ve done financially.

Why Share An Online Income Report

I’m sharing my online income reports as a YouTuber and blogger to show people that it is possible to make money online in a non-sleazy way that helps people.

Lots of people want to know how much small youtubers make and if you can make money from a small audience online. Fellow YouTubers want to know how I make money with affiliate marketing and digital products not just ad revenue.

Income reports allow me to share what I’m doing while building my online income so other creators can benefit and it lets me be fully transparent with my audience about how much I am making.

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 Online Income Reports

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

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 has moved up and is consistently over $1,500 each month.

I’m consistently earning $1,000 a month now when I was only earning $300-500 last year when I started tracking my online income. That might not seem huge since it’s small numbers but that means I have doubled my monthly online income!

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 and blog.

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

February 2020 Online Income Report

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

Advertising Income – $778.83

  • YouTube Advertising Channel 1 – $600.35
  • YouTube Advertising Channel 2 – $159.27
  • Adsense & Sponsored – $19.21

Affiliate Marketing Income – $459.35

  • Amazon – $119.02
  • Awin – $103.33
  • Impact Radius – $237.00
  • Shareasale – $0.00
  • Rakuten – $0.00
  • Capital One – $0.00
  • Robinhood – multiple free stocks

Product Sales Income – $269.00

  • Etsy Products – $269.00

Total Income: $1,507.18

This is the amount earned in February 2020 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.

There are multiple expenses I’m now paying for each month:

However, I must say with much excitement: I continue to stay above the $1,500 mark in income earned each month!

This makes me hopeful since the income has been consistent month after month after having bumped up over $1,000 and then $1,500.

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’ve been making videos for over 2 years now and not a single one has gone viral.

What I Worked On In February 2020

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

Made for videos for my YouTube channel.

I continued to make and post videos weekly. I continued to see higher views and revenue due to lingering interest in financial topics.

Made affiliate marketing improvements.

I continued with my implementation of ideas learned from Making Sense of Affiliate Marketing course. Some of the older posts and videos I made focused on affiliate marketing are doing well even now, so I’m reaping the benefits of past work.

Added products to my Etsy shop.

I continued adding more products to my Etsy shop and increased the amount of higher priced products. Having multiple items listed at $8.50 has increased my overall order amount. It also works well for people purchasing because my printables are priced competitively and much less than many alternatives.

While I have a clean aesthetic for my budgeting printables and trackers, I also decided to offer colors and fun versions!

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 plan to create more items and also promote what is already there. I have a big goal of eventually getting to 100 items listed in 2020 so I’m hoping I can continue to add products and grow the amount of listing and sales.

It’s a huge goal and I have a long way to go but I want to at least add 4 new products in February. I have a list of over a hundred new items I’d like to make, but time considerations make it a little bit hard. Aiming for 1 per week is a good compromise that moves me closer to the goal.

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. Since I’ve determined I will never recommend things I won’t use myself, I’m happy to do affiliate based videos. I’ve turned down more lucrative offers because they felt sketchy and instead I’m focusing on things I use and love. This strategy might not be the fastest way to wealth, but it feels the best to me.

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.

Popular YouTube videos on my channel:

Mary is the founder of Pennies Not Perfection where she teaches you how to make online income to build wealth and gain freedom. She quit her day job in 2021 after she replaced her salary.

Mary's favorite free financial tool is Personal Capital. She uses their free tools to track investments, grow her net worth and work toward to financial freedom.

Her favorite investment platform is M1 Finance, where she built a custom portfolio for free with no fees. She shares her portfolio growth and savings progress every month on YouTube.