This post may contain affiliate links, which means if you click through and purchase something using my links, I receive a small commission. You can click here to read my disclosure policy 🙂 Thank you!
Hello everyone! Today is the big day… my first ever income report! Welcome to the July Income Report!
A little backstory: I’ve been blogging for just over a year now (woohoo!) but I didn’t start freelancing until a few months into blogging. It turns out blogging is a great way to showcase your writing talents (it’s like a really fun resume!) and, if people like you, they will reach out to you or recommend you for freelance writing positions.
Build Your Savings & Become Debt Free
Enter your information to get the FREE Guide to Successful Budgeting.
While I started out with freelance writing, writing isn’t all that I do anymore. I do receive sponsored posts occasionally on this blog, if they’re well-written and make sense for my audience. Normally, I don’t receive many paid sponsored post requests, but since they do happen occasionally, I’ll include them on this income report.
I’ve also started doing some virtual assistant work, both with Gretchen from The Pinterest Assistant (check her out if you need someone to wrangle your Pinterest!) and with other clients. I’m busy quite a lot, but I love it and wouldn’t trade it for anything!
Okay, so now that you have the backstory, here are a few things to keep in mind when you read my income report:
- I’m not going to break everything out – Like Michelle from Making Sense of Cents, I’m not going to break out my clients by name or by what I do for them. For example, I categorize my work for the Pinterest Assistant as “virtual assistant”, but the Pinterest Assistant isn’t the only client I virtually assist.
- I haven’t paid taxes on any of this yet – Come April 2016, I’m probably going to want to kick myself, so just assume that 50% of this isn’t even mine – it’s the government’s.
- I don’t (yet) subtract out my monthly blogging expenses – I pay for my domain hosting yearly, and I just haven’t calculated my monthly expenses – yet.
Got all that? If you have any questions, leave them in the comments! Here we go!
July Income Report
This July income report breaks down as follows:
Freelance writing: $343
Virtual Assistant: $473
Sponsored posts: $67
Advertising on my sites: $7 (hey-o!)
Miscellaneous (not related to freelancing, blogging, or website related): $0
Total: $890 for July (remember: at least 30% of this is going away in the form of taxes!)
If you’re interested in hiring a freelance writer, virtual assistant, or having a sponsored post on this site, check out my Work With Me page here.
I didn’t actually even have a goal set for this month, which is crazy I know. It will be awesome to one day break the $1,000 in monthly earnings, but that day is not going to be August! 🙂
Next month, I’ll bring you another awesome income report (maybe breaking $900 that month? We’ll see!) and this time I’ll include my monthly expenses and my hourly rate (how much I make per hour based on the hours I put in). Is there anything else you’d like to see in this income report? I’d love to get your feedback!