Welcome to my monthly income report for April 2016!
Since October 2015, every month I publish a detailed report with all the accounts for my online businesses. On them I include the earnings and expenses, I tell a little bit about my personal experience and what new things I have been trying during this period of time. I explain as well what my future targets are and if the previous ones have been achieved or not. Why doing this?
- It helps me to keep track of my personal finances. In any moment of time I can look back at my reports and see what steps and results I got from determined strategies, like a log book.
- Increase trusting. I also want to show you that I am a real person starting from the first step. There are many amazing bloggers out there reporting their incomes of thousands of dollars, but I found very little bloggers reporting low amounts of money like me. I think this can help to starters and to people who are not decided yet to start their own online business.
- Motivation. Writing here my results will put me on that kind of uncomfortable position in which I need to demonstrate that I can go one step further instead of getting lazy and rely in excuses. My finances are open to everybody!
All earnings here reported are coming from Passive Income sources. I am not including any kind of outsourcing because the intention is you show you how far I can go with only passive income sources.
This is my fifth month reporting my accounts and I simply love it!
You can have a look to my previous monthly income reports:
- Income Report October 2015: $75.91
- Income Report November 2015: $117.61
- Income Report December 2015: $161.53
- Income Report January 2016: $228.33
- Income Report February 2016: $296.40
- Income Report March 2016: $376.70
If you want to follow my future Income Reports you can subscribe to my email list.
For the purposes of this section I will include the posts/pages created for each of my Niche Sites and then for the PIW blog:
Niche Site 1
Not much work done during April, this Niche Site is running by itself. I only added 10 new posts with less than 1,000 words each.
Also, I answered comments and I did a bit of maintenance. I spent no more than 15 hours in total.
Passive Income Wise
Sadly I didn’t write anything new in this blog as I’ve been very busy with my PhD research, I had plenty of deadlines, journal papers to write, conferences and projects going on.
But still, I earned some fresh income.
Google Adsense (from niche site 1): $55.94
- Previous Month: $68.26
- Diference: – $12.32
Monumetric Ads (from niche site 1): $231.10 Start with Monumetric for free if you have more than 80k pageviews
- Previous Month: $178.10
- Diference: + $53.00
PadSquad mobile ads (from niche site 1): $97.37
- Previous Month: $168.99
- Diference: – $71.62
YouTube (from niche site 1): $0.31
- Previous month: $0.55
- Difference: – $0.24
Amazon Affiliate Program: $2.28
- Previous month: $0.00
- Difference: + $2.28
- Previous Month: $21.63
- Difference: – $7.61
- Previous Month: $0.00
- Difference: + $0.00
- Previous Month: $0.49
- Difference: + $0.31
- Previous Month: $0.00
- Difference: + $0.00
AppCoiner, Get Paid To Test Apps (from ClickBank): $0.00
- Previous Month: $11.04
- Difference: – $11.04
Another month with zero earnings from Bluehost. Hopefully one day I will get anything from it because it’s a really good service to promote and for somebody trying to start it would be an amazing purchase.
In February I needed to upgrade the hosting for my Niche Site 1. Before I was using a shared hosting with a limitation of 150 GB of transfer data, now I have my own VPS in where I have up to 5,000 GB and host unlimited number of domains. A total of $72.50.
I also paid for the renewal fee of my Niche Site 2 domain and host. A total of $21.75
The initial investment for the hosting and domain name (for PIW) was done in October and this one is already running for free.
Net Total Balance: $401.82 – $94.25 = $307.57
- Previous month: $376.57
- Difference: – $69.00 (- 18.3%)
April suffered a small drop in earnings and this has been because PadSquad RPM has dropped quite a lot. I’ve been in contact with their team and they told me this is because they change some advertisers. Next month should be significantly higher. Also, The Blogger Network is bringing some good cash.
This is my seventh month reporting my accounts and it seems to be stable now. Obviously, it’s nothing to compare with other famous bloggers (which you can find in my Favourite Bloggers Income Reports), but for a starter like me it’s considered an important milestone. I am having around $300 profit and this is awesome.
The graph below shows my income and expenses since I started with my Niche Site 1 in February 2015. It seems incredible that I’ve been on this for more than one year!
The graph below shows the balance or profit which is calculated as:
Balance = Income – Expenses
Did you like my February Income Report? Are you interested in earning income online?
If you are thinking about starting your own blog, I created a tutorial-guide that will help you start your own blog for cheap, You need very little investment, starting at only $3.95 per month (this deal is only through my link) for blog hosting. Additionally, you will get a free blog domain (valued at $12-15) through my Bluehost link, only if your purchase is for at least 12 months of blog hosting. My recommendation is for you to be self-hosted. This is important if you want to monetize your blog because your website will look more professional.
This post contains affiliate links. These products have helped me to grow my blog and to generate more passive income.