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Welcome to my monthly income report for May 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 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
- Income Report April 2016: $307.27
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 spent quite a few hours updating this website during May, however, this Niche Site is running by itself. I mainly updated posts and guides, also I include 10 new posts and currently I’m working in changing the general layout of this website to make it more attractive.
Also, I answered comments and I did a bit of maintenance. I spent no more than 15 hours 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 May I didn’t work much for this blog as I’ve broken my arm in April and it took more than one month to recover. But now I’m 100% fully recover and ready to write more and share with you new stuff.
But still, I earned some fresh income.
Google Adsense (from niche site 1): $63.33
- Previous Month: $55.94
- Difference: + $7.39
Monumetric Ads (from niche site 1): $246.66 Start with Monumetric for free if you have more than 80k page views
- Previous Month: $231.10
- Difference: + $15.56
PadSquad mobile ads (from niche site 1): $97.54
- Previous Month: $97.37
- Difference: + $0.17
YouTube (from niche site 1): $0.36
- Previous month: $0.31
- Difference: + $0.05
Amazon Affiliate Program: $0.30
- Previous month: $2.28
- Difference: – $1.98
ShareASale Affiliate Program: $9.76 Click here to read my post about ShareASale
- Previous Month: $14.02
- Difference: – $4.26
Grammarly: $0.20 Click here to start using Grammarly for free
- Previous Month: $0.00
- Difference: + $0.20
Qmee: $0.90 Click here to read my post about Qmee
- Previous Month: $0.80
- Difference: + $0.10
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
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 an unlimited number of domains. A total of $72.50.
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: $419.46 – $72.50 = $346.96
- Previous month: $307.57
- Difference: + $39.39 (+12.8%)
May was a good month, my ads from Niche Site 1 have given better results with fewer clicks and impressions. I believe this is because of the advertiser trusting, generally, the longer you place certain ads, long term they will give you more money, or at least this is how it works with Google Adsense.
This is my 8th 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 more than $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 May 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.
Nice job on your niche sites gaining your income. Do you write the content yourself for these sites or outsource?
I always write the content, that’s why you will see many typos, oppps, I’m not native english speaker.
Congratulations Francisco for another great month. I have best wishes for you ahead!
Thank you, Ali, see you next month 😉
CONGRATULATIONS! I have been following you since the beginning, and it’s great to see how well your blog is progressing. I’m so excited for you! Thanks for sharing. I’ll be looking forward to your next article. 🙂
Christi thanks. It’s addicting these income reports, right? Thanks for cheering me up =)
I really like your income report, especially the graph of how the income has changed over time. I’ve just started my attempt and some extra income and it’s really inspiring to see how things started slowly and then picked up.
Would it be possible to see the number of page views etc you get? I’m thinking it would be nice to see how that compares to income.
Either way, congratulations. I’m looking forward to next months report.
Thanks, I will post my new income report for June, July and August and I will add the page views since the beginning.
Thanks for sharing your blog income in detail.
I am curious how much traffic you are getting. It would be nice to see the correlation between traffic and earnings. I am especially interested in learning about RPM figures for different bloggers. For example as I detail in my income reports, my Reach Per Mile is around $60-$80. So that’s how much I can hope to make per 1000 page views. Profit per 1000 pageviews is slightly lower but in the same ballpark.
Most of the income is coming from one of my niches. In particular, in May it received 108,000 sessions and 214,000 page views. As you can see my RPM is very low, however, getting a high volume of visits is very easy.
If you get $60-$80 as Reach Per Mile, that means, your conversions are really good. I’ve seen your income reports and most of your earning are coming from Amazon, those figures are pretty good. Keep it up.