Welcome to the February 2018 edition of the Money Manifesto blogging income report.
I started my blog back in 2012 and became a full time blogger at the end of 2015.
Since then, I’ve started sharing my monthly online income to help inspire others that want to take a similar journey and work for themselves online.
I also share my income to help keep me accountable to my income goals.
Let’s dive into what I learned about self employment and blogging this month then I’ll share how much I earned in February 2018.
What I Learned About Self-Employment This Month
I’ve known for a long time I’m not great at a lot of the important things about blogging. One of the things I’m pretty awful at is creating images and promoting my blog posts.
In February, I took a step to correct these issues by hiring my first freelancer to help me out. The freelancer will be creating images for all of my posts and managing my Pinterest promotion for me.
In theory, this should be the beginning of a growth period for Money Manifesto.
I was able to hire the freelancer thanks to my increased advertising income from a switch I made late last year. I consider this a reinvestment into the blog and hope to see a positive return after things get going in a few months.
I’ll make sure to let you know how it goes once things get a bit more established.
February 2018 Self Employment Income – $5,833.35
Even though February was a short month, it was a great month for my income. I earned well over my $4,000 monthly income target and earned a total of $5,833.35 in February. Here’s how I did it.
Freelance writing continues to be my largest and most stable source of income. I have a handful of great clients I enjoy writing for which continues to work out well for me.
If you’re looking to get started with freelance writing or want to take your freelance writing income to the next level, I highly recommend Holly Johnson’s Earn More Writing course.
The course covers everything you need to know for someone that has never written a freelance article before but it also still contains plenty of great information for experienced freelance writers to help them increase their income.
Since switching my advertisements to Mediavine, I’ve seen an explosion in traditional advertising revenue. It increased so much that I was able to take some of the money I’ve earned and reinvest it in my business by hiring my Pinterest helper.
When I first started my blog, there is no way I would have qualified for Mediavine as you need 25,000 sessions over the last 30 days.
You can use other networks like Media.net or Adsense until you reach the Mediavine minimum, but don’t expect to make a significant amount of money.
That said, you could probably cover your hosting fees and some other small expenses as your blog grows.
Branded content is when an advertiser has me feature their product or service in a post. Of course, I only accept branded content from brands that can help my readers.
In fact, I have an interesting branded content piece coming up in the next month or two that I can’t wait to share.
I earn affiliate income when you purchase a product or service through a special affiliate link on my website.
These links let advertisers know I sent you their way. You get the same exact product or service as if you went straight to the advertisers site yourself but I get a small commission for referring you to them.
Affiliate marketing only works when I’m honest and keep your best interests in mind, so you’ll never see me promoting a product or service I don’t believe can help you.
For instance, I earn a small commission when you sign up and make your first $25 qualifying purchase on eBates through my affiliate link and you get a $10 gift card to Walmart or a $10 cash bonus.
You’ll also earn cash back whenever you click an eBates button prior to making a purchase on qualifying websites.
I plan on taking Michelle’s Making Sense of Affiliate Marketing course later this year to improve my affiliate income. I’ll keep you updated on the results once I get there, but friends who have taken the course say it has some great information in it.
You Can Start Your Online Business Today
If I’ve inspired you to start your own online based business, the first thing I think most people should do to get started is set up their own website or blog.
In order to have complete control over your website or blog, you’ll need to purchase a domain and hosting.
To make this process easy for you, I’ve written a step by step guide on how to start a self-hosted WordPress blog using Siteground, one of the best affordable options for hosting for new website owners.
It only take a few minutes to get started on the first step toward building your online business.
Your website or blog can serve as a portfolio for your services, such as photography or freelance writing, or can be a business of its own like my blog has become.
The key is getting started. If I hadn’t set aside a few minutes back in 2012, I’d still be working full-time as an accountant at a paper mill.
If you have any questions about this month’s income report or how to start your own online business, feel free to leave a comment below and I’ll respond!