Money Manifesto February 2017 Blogging Income Report

Welcome to the February 2017 edition of the Money Manifesto monthly blogging income report.

February was another decent month for my self-employment efforts.

Not groundbreaking, but more than enough to cover our family’s expenses.

Just a quick reminder of why I share these income reports.

I don’t do it to show you how easy blogging and self-employment is, because it definitely is not easy. Instead, I share these reports to show you what is possible and inspire you to live the life you want.

If that life includes blogging, you definitely can make a full time living by blogging, freelancing and other self-employment efforts online.

The second reason I share these reports is to keep myself accountable. Putting my income numbers out for everyone to see helps keep me motivated. Hopefully, it will help me grow over the coming months, as well.

What February Taught Me About Self Employment

February was a quiet month as far as blogging goes, but I knew March would be a busy month for my family on a personal note. As such, I decided to try to get ahead with both my blogging and freelancing duties.

The feeling of being ahead is just as great with work as it is with your finances. Having an emergency fund so we don’t have to live paycheck to paycheck was very freeing financially.

Similarly, I worked to get a week or two ahead with as many clients as I could, as well as on my blog. Not all clients allow me to work ahead, but being ahead with the ones I can allow me to spend more time with my family when needed.

Of course, then I have to work harder to get ahead again.

Thankfully, as a self-employed person, I can choose to work when I want and as much as I want. I never had that freedom with my day job.

February 2017 Blogging Income – $4,394.17

February was another solid month income wise with $4,394.17 in income. I continued to earn money blogging the same ways I have in months past, but hopefully that will slowly start to change over the remaining months of 2017.

Freelance Writing

Freelance writing is a nice source of income for me. Thankfully, I have a few stable clients that have my write for them on a regular basis. This helps me with planning both my time and my income each month.

While a client could need to cut back or drop me for various reasons, I doubt all of my clients would drop me at the same time. I’d just need to look for new freelance writing work.

Usually, when I look for new work I get paid a higher rate than I’m currently making, so it may not be a bad thing if someone eventually does need to move on.

If you’re looking to get started with freelance writing, I highly recommend Holly’s course Earn More Writing. She’s a powerhouse freelance writer.

I’ve taken half of the course so far and have learned many things to apply to my freelance writing that have already paid for the price of the course.

Traditional Advertising

Traditional advertising revenue relies heavily on my traffic. My traffic has been pretty steady, but advertising rates seem to have been declining lately. Hopefully this picks up as I’m work to grow my site and gain access to new traditional advertising partners.

If you’re just starting your own blog, I recommend starting with Media.net ads. They pay better than Adsense, at least for me, and will accept you even if you don’t have a ton of traffic to your site yet.

Affiliate Income

I continue to struggle with affiliate income, but that’s because it isn’t my focus yet. I’m currently taking Elite Blog Academy and I haven’t gotten to the monetization sections yet which should partially address affiliate income.

When I do, I’ll also be taking Michelle’s Making Sense of Affiliate Marketing course. I have had several friends rave about their increased affiliate income after taking her course. If you’re interested in Michelle’s course, you can learn more here.

Branded Content

Branded content continues to work well for me. I have some great ongoing relationships that have continued to pay off. As always, I only promote branded content that I agree with and that can help my readers.

I may work on branded content more after reaching the appropriate portion of the Elite Blog Academy course.

Want to Start Your Own Blog?

If you want to start making money online, I highly suggest you start a blog of your own.

Even if you don’t end up making money directly from your blog, you can use it as a platform to advertise your services. That’s how I’ve gotten many of my freelance writing clients in the past.

In the past, I’ve recommended you should get a self-hosted WordPress site using Bluehost, as that is what the most popular bloggers recommend. However, after a bit of investigation, it turns out Bluehost doesn’t have the best track record or customer service.

Instead, big bloggers recommend Bluehost because they are relatively inexpensive, have good name recognition and have a good affiliate program. I did some digging around and found an even better solution for my readers.

If you want to start your blog, I now recommend getting a self-hosted WordPress blog using SiteGround.

SiteGround offers introductory pricing of $3.95 per month for your first invoice, so stock up  with 12, 24 or 36 months if you plan on blogging for a long time. After that, hosting with them is just $9.95 per month.

While this is slightly more expensive than Bluehost, the service and hosting is much better. You get what you pay for.

That’s it for this month. Come back next month for yet another monthly income report.

Do you have any questions for me after reading my income report? If so, leave them in the comments below!

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About Lance Cothern

Lance Cothern, a Certified Public Accountant (CPA) licensed in the Commonwealth of Virginia, is the founder of Money Manifesto. You can read more about him here or connect with him on Facebook, Twitter, Google+ or Pinterest.

Comments

  1. Interesting read. I’m a new blogger and the idea of making any kind of income seems like a pipe dream. While it isn’t my goal to generate income at this point, I certainly wouldn’t object to it. I appreciate you sharing your knowledge, it’s encouraging to know monetization is possible down the road.

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