Welcome to my Summer 2016 income report! Or a nice way to say I’ve been slacking and will pool together June, July and August 2016 into one post haha. Summer was lovely, I was in Texas in June, first time and I was impressed! I loved Austin and had a lot of fun in Houston as well. I spent most of July and August traveling around France and Switzerland on my motorcycle, visiting friends and family along the way.
Long story short, there wasn’t a lot of time to spend online. But the blogs did well so I am very happy. I also started a blog in Spanish, that will be revealed soon!
$1,000 Three month for my 20 hour a week VA. She got an annual raise after having worked three years for me.
$150 for an online course
I am using Tailwind for my pins, which is paid for the year ($120, use the link to get a free month) and it saves a ton of time managing Pinterest.
Total spent: $1,150
I am planning on investing more on the blogs during Q3, but don’t know where to as of now.
Reach Financial Independence $1,700
Make Money Your Way $940
Savvy Scot $675
Reach Financial Independence $2,290
Make Money Your Way $935
Savvy Scot $1,195
Reach Financial Independence $1,565
Make Money Your Way $990
Savvy Scot $1,750
Freelancing for other sites and non blogging ventures:
You can see I spent most of July doing nothing hehe, but I picked up at the end of August. When it comes to freelancing, it seems like the work/time involved in the $2k range is a good balance between income and commitment for me. August was intense. I am tuning back in September.
Total blog income for June-July-August 2016: $18,390
Net income: $17,240
I am happy with such a nice figure, but a bit disappointed at the year result so far.
I set the bar quite high this year, after making about $70,000 in 2014 and $60,000 in 2015 (with less than half the work), to make $100,000 after expenses in 2016. That translates to about $10,000 a month as I want to invest a lot in content and delegating tasks, like I did in Q1.
I should have made $66,666 net so far, I am $19,447 behind haha.
With the busy summer, I lost a bit of motivation when it comes to growing my income so much, but now I also have new investing goals and I’ll be needing some cash. These blogs are the perfect way to try to increase my income. When I need cash, I push myself a lot more than when life gets comfortable.
But it is unlikely that I’ll reach my goal this year. I am on track to $80,000 which is quite cool still.
As usual, 10% of that income will go to finance an education project in my village, I am in the red at the moment as the project costs about $800 a month which is well over 10% but it is going well! I am adding more computers and more English classes for the kids.