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Welcome to my monthly income report for July 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 on 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 10th 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
- Income Report April 2016: $307.27
- Income Report May 2016: $346.96
- Income Report June 2016: $374.83
CONTENT CREATION
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
I didn’t spend almost any time updating this website during July because this Niche Site is running by itself. I just checked that everything is running fine and that the server doesn’t have any problems.
Also, I answered few comments and I did a bit of maintenance. I spent no more than 1 hour in total.
Passive Income Wise
Here is the list the posts and pages included during this time so you can have a look at what I’ve been working on this month
During July I didn’t work much for this blog as I’ve been kind of busy with my wedding preparation and other stuff related with my Ph.D.
But still, I earned some fresh income.
INCOME REPORT
Google Adsense (from niche site 1): $45.57
- Previous Month: $59.70
- Difference: – $14.13
Monumetric Ads (from niche site 1): $149.87 Start with Monumetric for free if you have more than 80k page views
- Previous Month: $185.68
- Difference: – $35.81
PadSquad mobile ads (from niche site 1): $137.94
- Previous Month: $114.28
- Difference: + $27.66
YouTube (from niche site 1): $0.37
- Previous month: $0.71
- Difference: – $0.34
Amazon Affiliate Program: $46.80
- Previous month: $0.80
- Difference: + $46.00
ShareASale Affiliate Program: $1.00 Click here to read my post about ShareASale
- Previous Month: $2.08
- Difference: – $1.08
Grammarly: $0.00 Click here to start using Grammarly for free
- Previous Month: $0.00
- Difference:+ $0.00
Qmee: $0.78 Click here to read my post about Qmee
- Previous Month: $0.80
- Difference: – $0.02
Bluehost: $0.00 How to start a blog with WordPress and Bluehost
- Previous Month: $0.00
- Difference: + $0.00
AppCoiner, Get Paid To Test Apps (from ClickBank): $0.00
- Previous Month: $0.00
- Difference: + $0.00
Redbubble: $5.07
- Previous Month: $4.83
- Difference: – $0.24
Freelance Work: $323.44
- Previous Month: $0.00
- Difference: + $323.44
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.
EXPENSES
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 an unlimited number of domains. A total of $76.24.
- Freelance Work Expenses and Charges: $106.35
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: $710.84 – $182.59 = $528.25
- Previous month: $179.70
- Difference: + $348.55 (+193.9%)
July was the best month so far, not only in income but as well in balance. Almost a 200% profit improvement from last month. The main reason is that I did some freelance work. A person contacted me to help him create a WP website from scratch. It only took few hours and I got almost $300. Then I did a couple of jobs for other people who hired me to modify and optimise their websites. Easy tasks and fresh money!
I also got few good sales on Amazon, with the release of Pokemon GO, I decided to promote a couple of articles with Power Banks and Smartphones to play the game, and it got really good results.
This is my 10th month reporting my accounts and it seems to be stable now in term of passive income (which make me so happy). 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 more than $500 profit and this is starting to be very exciting.
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.
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 July Income Report? Are you interested in earning income online?
Congratulations on breaking $500 a month profit. Those are two very nice graphs to read.
In your May report you were considering releasing your pageviews. I don’t want to make more work for you. I find it interesting comparing page views per income. Feel free to ignore me!
Either way, congrats on cashing in on Pokemon Go. The other income reports I read (including mine) has been hit by it, whereas you’ve profited! Keep it up.
The curious thing is that this month I didn’t work that much, most worked on autopilot, only the freelance work required some more time.
Yeah, I promised to show my page views, and I will, the thing is that I had 3 months reporting delay and I decided to add the page views only in the last month (August) which I will publish this coming week. It will include all the page views since the beginning, so it didn’t have much sense to publish it three times with all the time it requires.
I read a couple of articles of some guys making money out of Pokemon GO so I tried with some ads in Reddit for one of my niches and it got successful, the ROI was not very high but I didn’t lose money.