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Online Income: $2,357 in August 2015

September 11, 2015

This article may contain affiliate links. Read our Disclosure Policy.

 

Wow! My first month + of full-time freelancing has gone super fast! And to be honest, I spent a lot of the first month of self-employment in yoga pants and pajamas. It was amazing!

August was really a month of catch-up on life. I still did quite a bit of work, but I also spent quite a bit of time on myself. I got some extra sleep by going to bed a little earlier and sleeping a little later. I also took the occasional nap when my body told me it was tired.

I did my best to establish some rules for working from home and I’ll be sharing those with you in an up-coming post. Hint: working from home is way harder than I thought it would be!

But for now, I want to share my online income from August with you.

Although my income was down a little bit from July, I’m still pretty happy with it. As I said, I took a little more time for myself last month and thus I’m ok with a little bit lower income level for August.

My online income for August 2015: $2,357

Here is a breakdown of how I earned my money:

VA/Blog Management Services – $1317.00

Writing – $920.00

Advertising on both my sites – $120.00

You can find out more about the services I offer here.

My income was down a little bit from July, but I had a better work-life balance which was nice! I didn’t have a lot of changes to my client list in August, but I had some big changes in September, which I’ll talk about in my September income report next month.

As I said in my post yesterday, when you are a solopreneur you have to keep hustling, even when you think your client list is full. This gives you more freedom to decide who you work with and what you charge for your services.

Even thought my income was down a little bit, I beat my August goal, which was $2,000!

As always, you need to know that I don’t count my online income until the month it gets deposited into my account, so this is from some work at the end of July through about mid-August. I have made some more since then, but it will be included on my next report since it didn’t hit my account until September 1st (or later).

Remember, that my online income has not yet been taxed, which means that about 30% of what I make is going to be taken by Uncle Sam, and another portion of my income will be used for expenses, like internet, computer repairs, tech services, my staff writer, and PayPal fees. Additionally, I’m saving some of my income to be used for FINCON15 and other business expansion projects in the future.

I’m going to set my September income goal at $2,500. This will be my highest income goal yet.

Here are my other online income reports to-date:

July 2015 – $2,502.60 – Last month as a side hustle!

June 2015 – $2,130.25

May 2015 – $1,873.40

April 2015 – $1,691.51

March 2015 – $2,131

February 2015 – $1,534

January 2015 – $596

December 2014 – $1,503.50

November 2014 – $753

October 2014 – $1,080

September 2014 – $581

August 2014 – $280

July 2014 – $285

For kicks and giggles I decided to average my monthly online income for the 14 months I’ve been freelancing. Even with the smaller months at the very beginning, my average monthly online income (gross) is $1,378.48. My 12 month (gross) average is $1,561.11.

Did you make any online income in August? Is there anything else you’d like to know about how I run my business or make income online? Let me know, I’d love to help you out! 🙂

@Shoeaholicnomore's August 2015 online income report!

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25 responses to “Online Income: $2,357 in August 2015

  1. Congrats! This is so inspiring. As much as I think teaching is crazy challenging (but in a really good, fun way!), I’m not sure I’d be cut out to tackle the challenges of working from home. My experiences side hustling as a tutor make me want to keep that solely in the “extra income” category, not depend on it as my primary source. Still, reading updates like this is so motivating. Thanks for sharing so openly.

    1. Penny you are so welcome! So far I’m loving working from home, partially because I just love what I do now. But there are definitely challenges of workign at home too.

  2. Congrats on the income for August Kayla! And I just wanted to thank you again for all the referrals you share 🙂 It really is an ongoing hustle but it’s so rewarding.

    1. You are so welcome! I never thought it’d happen, but I’m at the point where I have to be a lot more choosy about my work and that means I’m able to pass on jobs to others, which is great! 🙂

  3. August was a month of firsts for me. I’ve been writing as a hobby all my life, then launched my personal finance blog in February, but it wasn’t until August that I finally made some money. It was a whopping $100 from ghost writing for other finance blogs, but it wasn’t flipping burgers. I was finally making money for doing what I was passionate about. I would love to hear more about what all your sources of income are for writing and blog management. Congrats on the growing success of your business.

    1. Hey Laura! Thanks for commenting. I can’t tell you anything like specific clients or anything like that, but if you have more questions, feel free to shoot me an email and I’d be glad to help you out as much as I can.

      1. No worries, I was just curious about what you do generally (like VA, guest blogs, staff writing, ghost writing, consulting, etc.). I’m looking to do more of these things, myself. Don’t worry about replying in this thread; I’m subscribed to your blog and will keep checking in to learn from your great example. 🙂

  4. Great job! I really, really enjoy reading how you’ve made the switch, as I’m getting ready to leave my FT job in October to freelance full time. It’s so nice how open and honest you are about everything! I would love to read more about how you operate your biz – do you plan to become an LLC or that kind of thing? I’m still trying to figure out what is the best thing to do financially and for tax purposes 🙂

    1. That’s awesome!!! I am going to be talking to my accounting/business advisor right after FinCon to discuss forming an LLC or possibly another business format to lower my tax liability. I’ll definitely post about it!

    1. Thanks Chela! It’s an adventure for sure and I think you have to have “rules” for yourself if you are going to work from home successfully.

    1. Thanks Melanie! Yes – it was so nice to sleep when I needed it and to catch up on life a little bit during this first month. I think my income will be up in September since I took the time to recharge in August. Excited to meet you soon!!

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