Welcome to my online income report! Each month I share what I earned from online endeavors like this blog and my YouTube channel. I like sharing real numbers to inspire myself and others.
Since May when I realized 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.
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.
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.
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.
July 2019 Online Income Report
Here are the main income sources broken down by what I earned for the month. I’ve included referral links to each if you want to join too!
- YouTube – $472.62
- Amazon – $162.38
- Awin Affiliate – $219.36
- Google Adsense – $18.04
- Capital One – $140.00
- Shareasale – $0.38
- Erin Condren – $0.00
- Etsy – $24.66
- Making Sense of Affiliate Marketing – $0.00
- Sponsored Posts – $0.00
Total Income: $1,037.44
This is the amount earned in July 2019, before any fees, expenses, or taxes.
That means I don’t keep all of it it and at least 25% will be gone 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, I HIT MY GOAL! I made $1,000 in a month!
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.
What I Worked On In July 2019
In June I worked on a few different priorities both growing income sources I already had and creating new ones.
Made affiliate marketing improvements.
Implemented a few immediate tweaks I learned from Making Sense of Affiliate Marketing.
These changes mostly focused on the programs I use under Awin and have seen a drastic increase in that affiliate marketing income. I realized that more programs under Awin and ShareASale had much better cookie lengths which made sales easier than fighting everyone and their momma for the 24 hour Amazon affiliate marketing income. I’ll still link to Amazon but I no longer plan for it to be my main affiliate marketing income.
Overall I’m happy with the Making Sense of Affiliate Marketing course so far because it’s helped me focus into a better direction. I still have so much to implement from the course that my biggest struggle is time to do it all.
Opened an Etsy shop.
I opened my Etsy shop at the very end of June after dragging my feet all month due to being scared. I opened with a few debt free charts and “Christmas in July” planner products. I’m super happy with the printables I’ve created so far and hope to continue adding new ones.
Just getting started on some products I can sell is exciting and I’m thrilled to open up another source of income for future income reports. Even if it’s not a huge success money wise I’ve learned that every little bit adds up!
My goal for my new Etsy shop in July is 10 more products and at least 10 sales. This is achievable I think and allows me to ease into learning and selling on Etsy.
Started a mastermind group.
I’m now meeting semi regularly with a group of other YouTubers who are wanting to grow their online income. We are all somewhat similar in size, topic, etc. I think currently I’m earning the most but others have faster growth and we all have something to learn and teach each other.
I know myself well enough to know I need accountability to hit my online income goals. This means I likely will want a business coach one day and for now a mastermind group. This will give me the accountability I need to hit big goals.
So far it’s a very positive experience and one of the big reasons I’ve been able to get out of my comfort zone and push myself to want more from my channel.
July 2019 Online Income Wins
Time to celebrate some things that went right with online income!
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 I’m thrilled that I was able to hit it in July. It might not be a straight up path for me with my online income but I’m thrilled that I keep climbing steadily and my audience keeps growing.
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.
July 2019 YouTube Income
My YouTube income was higher 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.
focusing more on personal finance topics raises the overall income of my channel versus doing vlogs and baby related content. Luckily I love talking about money so it’s not too hard to stay on brand.
However, I don’t want to ever stop myself from creating or sharing videos I love even if I know they won’t make money. This is a creative outlet for me first and foremost and a side hustle second.
Another video that did quite well was my video about how to setup sinking funds!
This video explains what sinking funds are and how to set them up. Sinking funds have made budgeting so much easier for us and I love them so it’s been great to share how others can utilize them in their budget.
Because the video is focused on a money specific topic it has had great CPMs and made decent money on the channel despite a relatively low view count.
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. I want to create more items and also promote what is already there.
Create more affiliate focused videos. In July I made a couple affiliate product focused videos and they did quite well for my channel. 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 in August. 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:
- Our First House Price & Mortgage Details (Our House Price & Mortgage Details | Buying Our First Home)
- How to Setup Sinking Funds (How to Setup Sinking Funds In Capital One 360)
- How Much YouTube Paid Me For 2 Million Views
Thanks for reading/watching/following along with this online income journey!