Welcome to the November 2017 edition of the Money Manifesto income report.
December has been a hectic month, so this income report is coming out just as we’re about to head into 2018. That said, this was an important month so I still wanted to get out the income report.
I write these to keep myself motivated and to inspire others that working online from home is completely possible if you put the work in.
What I Learned About Self-Employment In November
The key thing I learned in November is seeking out opportunities and putting yourself out there pays off. As I mentioned in last month’s report, I attended FinCon at the end of October.
At FinCon, I spoke with a lot of representatives at the expo hall and talked to multiple brands at the freelancer’s marketplace.
Usually, I’m not the best at meeting new people and seeking out opportunities, but I decided I’d put more effort in it this year.
That effort has definitely paid off. I’ve had a few huge improvements based off of those FinCon conversations that really started showing up in November.
November 2017 Income Earned – $6,574.95
November was one of the best months I’ve had in quite some time. I earned $6,574.95 which more than doubles the $3,000 per month minimum I need to survive self-employment.
While I’m not counting on hitting $6,000+ every month from here on out, I believe it’s time to quit focusing on the minimum necessary to make and start aiming for a higher goal. From now on, I’m shooting for a consistent $4,000+ per month.
Freelance writing was a huge chunk of my income this month. FinCon definitely helped this in a couple ways.
First, I spoke with an existing client and let them know I had more availability if they needed more assignments completed. The client said they did and sent a lot more work my way in November.
I also spoke to multiple brands I have never worked with at the freelancer’s marketplace at FinCon and ended up landing a new recurring client.
I love recurring freelance writing work because it allows me get a great feel for what the client needs so I can provide a better product while providing consistent income.
If you want to get started freelance writing or kick your freelance writing game up to the next level, I highly recommend Holly Johnson’s Earn More Writing course.
The information contained in this course could have saved me plenty of headache over the first couple years I was a freelance writer.
Instead, I learned things the hard way. If you’re serious about freelance writing, the least you can do is check it out here.
Another big takeaway from FinCon was finding MediaVine at the expo hall. At FinCon, I decided to apply to MediaVine to have them manage my advertisements.
While I have worked with MyFinance in the past for my advertisements, the income was starting to get really inconsistent and had dropped off significantly from when I first started working with them.
I met MediaVine’s 25,000 monthly sessions minimum so I figured why not give them a shot. I had heard great things from a few personal finance bloggers I trusted and wanted to see what they could do for me.
The results so far have been amazing. While I’ve only been with MediaVine for about a month and a half, the increase in revenue is mind boggling. So far, I’ve tripled what I’ve recently earned with MyFinance.
Of course, the fourth quarter is big for advertising revenue, so we’ll see how things play out over the coming months. MediaVine also mentioned it takes about 90 days for everything to settle out and get a good idea of what you’ll earn going forward.
If you have a blog that meets the 25,000 session minimum and MediaVine’s other requirements, I highly suggest giving them a chance.
Branded content, where a brand pays to be featured in a post on my site, isn’t a type of income I focus on.
However, I do have some existing relationships that continue to pay off well in this space. I’m not focused on it for 2018, but I will take advantage of good opportunities if they come my way.
Of course, I don’t allow any branded content on Money Manifesto that I don’t believe can help my readers. If the content doesn’t fit, I simply pass on the offer despite the easy money I could earn.
Affiliate income has continue to stay on the back burner during the hectic month of November. I earn a little here and there, but nothing worth mentioning at this time.
I swear I’ll get to increasing my affiliate income eventually. When I do, I’ll be taking Michelle’s Making Sense of Affiliate Marketing course.
Get Started On Your Online Income Journey
If you want to start making money online, it is almost necessary to have your own website.
Personally, I think a blog is a great way to get started. They’re not too hard to set up and they give you an online home where potential clients can see work samples.
If you just want to make some money on the side through blogging or you want to blog full-time, that’s fine, too. It’s totally possible. It just takes a lot of hard work.
To help you get started, I’ve put together this step by step guide on how to start a self-hosted WordPress blog on SiteGround.
While there are free blogging services out there, you usually don’t own your site and can’t do whatever you want. A self-hosted WordPress blog gives you much more freedom within a system that’s proven to work for millions of blogs.
If you have any questions about this income report or how you can start your own website or blog, feel free to leave a comment below or send me an email.