At the beginning of every month, I publish my monthly business income report.
This all started out as my “extra income” report because before October of 2013, I still had my day job. In those extra income reports, I included all income that I made except for income from my day job.
However, in September of 2013, I turned in my notice at my day job, and my last day was in October of 2013. Now, my income reports consist of the main way that I make an income each month, which is through my freelancing business.
I publish my income reports each month for many reasons.
The main reason why I started side hustling is because I was reading other bloggers’ (Smart Passive Income, Budgeting In The Fun Stuff, Newlyweds on a Budget) monthly income reports and they got me really interested and motivated.
It was interesting and motivating to see how others were making money online. And these are REAL people. I didn’t even know about any of this before I started blogging.
If it weren’t for others posting their monthly online income reports, I don’t know if I would have really gotten into side hustling.
Also, I like to publish my income reports each month because it’s a way for me to look back, learn from my mistakes and see what I need to change or improve the following month. Just sitting here and typing up this income report is a great way to keep in touch with my business goals.
I know I say this every month, but it is the truth. Life is just so great now that I am doing what I want to do. I look forward to each and every day and it’s a wonderful thing.
I started my blog just as an outlet. I never thought it would turn into a side income or into my full-time career. If you would have told me this a few years ago, I never would have believed you – I probably would have just laughed it off.
How was June?
June was a great month. Yes, I made only $40 more than the previous month, but I still call that a win.
I also got married last month, and I can already tell that a ton of time has been freed up now that wedding planning is over with. I am working like crazy right now because I have so many ideas for my business and what I want to do over the next few months.
Working is great when you are motivated to succeed. Also, I can already tell that July will shape up to be a good month if this first week is any indicator!
In June of 2014, I made $13,787 in business income, before expenses. It was another good month!
This is for the month of June and before fees and expenses (fees and expenses that lower the amount above total around $1,000, which includes VAs for my other websites, technical assistance on my websites, PayPal fees, etc.) being taken out.
After all expenses and fees, I made approximately $12,747. In the amount above, I do not include the amount that I bring in to websites that I provide services to, I only include the amounts that are my actual earnings from my services. So, if a website I manage makes an income of $2,000, I only include my payment for my services- not the full $2,000.