Once upon a time, I survived off income I made from blogging and other online activities like freelance writing in between jobs. It wasn’t pretty, the income was not extravagant, but I was single and determined to survive off what I made online. I managed to pay all my bills through online income in between full-time jobs.
Since then, life changed a lot. I got married, had a beautiful baby, and left blogging in favor of an awesome full-time job with benefits at a cool company that I’m proud to work for. I abandoned blogging and online activities and let the income dwindle and disappear.
I’ve been making YouTube videos for a year for fun and miss that online income and the challenge of earning money online so I’ve decided to set a new starting point and build from here.
I want to earn more money through blogging to help pay for things like daycare, college funds, and hopefully eventually our house. Money doesn’t solve all the problems in the world but it will help me give Penny a better life without spending all my time away from her working.
Why I’m Sharing Online Income Numbers Now
I’ve never shared my online income numbers before, so why do it now?
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 another area 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 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. If you’d like to be inspired by other bloggers who’ve done this and had major success, check out Making Sense of Cents and Pinch of Yum. They both started with small amounts and grew their online earnings to major life-changing amounts.
July 2018 Extra Online Income
July was a pretty typical month for my existing online income, so it’s a great place to start when tracking where I currently am and where I want to go with earning online income.
Here’s my income source breakdown:
Total Online Income: $584.16
This is the amount earned in July 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 find it awesome that I’m still earning $500+ a month after a while making videos as a hobby. It’s a great reminder that this can truly be passive income. Once you build a foundation it can continue working for you even when you are away or unable to keep working.
Where I’m Going With Online Income
I’ve got a decent foundation where I’m not starting from nothing since I’ve already been creating content for a while, so I just want to expand that and grow now to make this small side hustle cover my daughter’s daycare costs and maybe also help pay for other financial goals we have in mind.
I’ve also changed my writing focus to the things I’ve been interested in years but rarely blogged about, namely personal finance. In my head I’m considering myself a personal finance focused mom blogger. I’d like to share the lessons I’ve learned during my time learning about money and of course being a mom is now a huge part of my life.
My YouTube channel has experienced decent growth in the last couple months. I continue to get increased viewers, subscribers, and watch time. However, I’m still below the monetization level for YouTube so I’m not earning any money from that effort. I’m hoping to hit the monetization level before Labor Day and be monetized again in September at the earliest.
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.
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.
I knew that earning money online was possible because I had done it once before as a blogger. 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 goal each month 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.
Popular YouTube videos on my channel last month:
- Amazon registry unboxing
- DIY Tile coaster tutorial
- What I Packed For An Alaskan Cruise
- Alaska Cruise Essentials
- Living Room Tour
Thanks for reading/watching/following along with this new journey!