Early in 2016 I decided to finally publish my online income that I make from my blog as well as other online endeavors. Although I started blogging in 2010, it took me a few years to even realize that I could make money with a blog. I started dabbling in different forms of advertising and at first I was making pennies. After a few years of trial and error, I am please to say that I am making over a grand per month!
Below is a list of the monthly online income reports:
- February 2016 – $940.41 (First month of reporting my online income)
- March 2016 – $1,175.48 (Ad revenue from Media.net and Adsense were up a decent amount)
- April 2016 – $1,533.50 (Best month yet! Partly because I got my first native advertising opportunity and a huge increase in Pinterest traffic)
- May 2016 – $937.58 (CJ income was up from a Godaddy affiliate commission for hosting)
- June 2016 – $869.97 (I made some adjustments to my Pinterest account which caused a major decrease in the traffic to my blog)
- July 2016 – $1330.87 (I made much more than I usually on the two other sites that I own)
- August 2016 – $1270.60 (Affiliate Income up significantly, income from other two sites was down)
How I got into blogging:
I initially created this blog as a way to document our journey of paying off $52,000 in consumer debt. When my wife and I got married, it became evident that we both came from two different financial backgrounds, so we need to get on the same page with money. We decided to set a goal of paying off all of that debt in 18 months and then created a financial game plan to make that happen. We sold my upside down car to get rid of my car payment and bought two used reliable beaters. We cancelled unused memberships and even cut out eating out for a season. We even sold stuff online that we no longer wanted because our desire to be debt free far surpassed our desire to own stuff. Toward the end, I picked up a part time job delivering pizzas just because I knew the extra income would help us achieve our goal. Well, after 18 months of hard work and sacrifice, I am happy to say that we demolished ALL $52,000 of that debt!
Getting rid of that debt has given us so much freedom. We have been able to travel the world, to places like Hong Kong, Singapore, Paris and London. I was able to quit my job to work for myself full time in 2013 which is such an incredible blessing to us.
How I Actually Make Money Online
I have multiple streams of revenue when it comes to making money online. Here is a brief synopses of each and how it works.
Ever wonder how google has billions of dollars and is extremely successful? It is because they serve ads for other businesses on search results as well as on sites like Well Kept Wallet. I have strategically placed adsense ads within my content so that it is not overwhelming and blends in with the site. The goal is that people will click on the ad only when really interested in it and I get paid per click.
There are several companies that I have decided to partner up with who have an affiliate program. In a nutshell, an affiliate program is where I get paid if someone clicks on a link from my site and performs the companies desired action. For instance, if someone clicks on my Credit Sesame affiliate link and signs up to check their credit score for free, I receive a small commission for that.
I don’t do this as much, but have started doing it more in 2016. This is where big brands will pay to be featured on your site for a fee. The links are deemed “nofollow” links to make sure not to upset Google and other search engines.
Why I Publish My Income Reports
The income that I post here is exclusively online income. I actually own three different businesses that clear $10,000 per month, however, I am fascinated with making money online and I am especially interested in making passive income. It is my hope that my passive income will surpass my other business income in the coming years. I post my income as a way to track my progress towards this goal and hopefully it will encourage others as they pursue they online business ventures.
Thanks for taking the time to read this and please don’t hesitate to contact me if you have any questions!