Welcome to my January 2019 blogging income report. This post will show you how I made money online last month. I will go over what I did, what worked and what didn’t and any plans/goals I have moving forward next month/year.
If you are a current reader or subscriber to my blog, you may be wondering why I have decided to publish an income report. Honestly, the answer is two fold.
Firstly, I am notoriously bad at keeping my financial reports for my blog up to date. In December 2018, I had to go through the entire year and prepare statements for my accountant in anticipation of filing my income taxes.
What a headache that was! I am hoping income reports will force me to stay on top of money going in and out so that next year I won’t have to spend a whole week gathering information. Not to mention, avoid all the moments of, “What the heck was that for?”.
Secondly, I know there are a lot of income report posts from bloggers around the web. It can be really dis-heartening as a midlife blogger when all the real money makers in the online community seem to be millennials.
I want to show, specifically to women over 50, that you can start late, make money blogging and do it in your own unique way. Midlife bloggers have so much work and life experience to offer to each other and younger bloggers. Remember, we are the generation that brought home the bacon and fried it up in a pan. We can do anything!
Past Income Reports:
- How I Made $4549.17 Blogging In December 2018
- How This Midlife Blogger Makes $3000/month Without Blogging About Blogging
I know you have probably heard this from me before but I absolutely love blogging. In fact, I mentally divide my life into two parts: before blogging and after blogging.
Working full-time for someone else seems like such a long time ago to me. I don’t know how I did it. I do recall being stretched for time and stressed a lot.
Life is awesome now that I am my own boss. One of my big goals for 2019 is being financially able to let my husband retire early. Life is too short and we have had many losses this past year that have only made that abundantly clear.
I am sure looking back at when you were in your twenties, you imagined your fifties to be settled and financially stable. In reality, I didn’t meet any of those expectations when I hit fifty. Not. Even. Close.
But my life post starting a blog is getting there. I actually love my job plus I don’t feel tied down to it which I guess, is better than anything I could have dreamed of. And showing other midlife women how to follow their passion AND make money too is definitely the cherry on the top.
Now before I get into the details of my income, I want to give you a little bit of my blogging journey background.
If you are new to my blog and blogging, I don’t want you to think that this was some sort of overnight success. Conversely, if you have been blogging for awhile, I want you to feel inspired to keep going. Success comes from consistency and I dare say, endurance. I am proof of that.
I originally started blogging for someone else’s blog in October of 2014. I found it fun and supportive. Especially since the blog was in the mental health niche. Eventually, I took a leap of faith and started my own blog along the same genre but from the very specific point of view as a spouse of someone who suffered from bipolar disorder.
I no longer have hat blog. Since my husband has been stable for years (knock on wood), I found it hard to write content for it.
Because I was so addicted to blogging, I started, wait for it…two more blogs!
Hence, this blog and makingMIDLIFEmatter™ were born.
These two blogs allow me to indulge in both my passions: teaching women over 50 to make money online and sharing tips for living your best life in your second half.
I know even that short ramble makes it look like I had a straight line to success and was confident in everything I was doing. Far from it. I have learned a lot over the past 4 years. More from my mistakes than anything. For a long time, it seemed I would take one step forward only to take two steps back. I second guessed myself all the time and thought about quitting a lot.
I am so glad that I didn’t!
Blogging is a marathon, not a sprint.
My blogging income for January 2019
I earned $4292.77* blogging before expenses for all three of my blogs combined.
*This amount reflects money received. In other words, deposited into my banking account.
This is an important distinction to make because some earnings are paid 60 days out. A majority of this income was actually “earned” in October. If you are a fan of income reports, be aware of which kind of income is being reported, “earned” or deposited.
I find reporting the money I have received as authentic because believe it or not, “earned” can change for many reasons. Especially with affiliate income as product can be returned and commissions accordingly adjusted down.
I have to admit that every time I add up my actual income received, I am shocked. Never in a million years when I began blogging did I think I would make any money from it. And once I decided to start monetizing my blogs, it felt like I had to work so hard for every dollar earned.
But I have to tell you, making money blogging is like a snowball. It does pick up steam. So if you are struggling to make a $100/month right now, just keep going. Keep learning. Keep tweaking. Keep blogging. It will pay off if you are willing to put in the work and not quit.
Breakdown for January 2019
These are the sources of my December 2018 income:
- Display Advertising – $3840.14
- Sponsored Posts – $50
- Affiliate Income:
- Bluehost (check out my tutorial on how to start a blog) – $100
- Amazon – $225.92
- Misc. Other Affiliate Programs – $76.17
My total expenses for the month came to $1649.48*. Whoa! I know right? This month was again high because I have a lot of renewals come up in January, like domain names and theme subscriptions. Rather than pay monthly on some of my expenses, I choose to pay once a year if it works out cheaper.
My expenses regularly include VA’s, consultations, courses, renewals, hosting, as well as business tools I use daily like ConvertKit, Tailwind and stock photography.
Since I am self-employed, I also put away a percentage of my income for taxes.
*My expenses may be higher than some other bloggers report but honestly, I would rather spend money building my business than pay more taxes.
What worked on the blog in January 2019
One of my big wins this month was finally sitting down and writing an ebook for a trip wire. I am very happy how it came out and I am getting positive feedback from my beta testers.
By the time this post goes live, the trip wire should all be set up. If you subscribe to my email list, you will see it in action. Though I have created courses before, both free and paid, it has been a very long time since I have created something new. Creating my own products I hope will diversify my income and hopefully stabilize it during slow traffic months.
Since a majority of my income is dependent on display advertising, pageviews are extremely important to me at the moment. I have been spending time updating old posts which is also paying off in higher traffic.
Let me tell you, going through old posts is scary!
What didn’t work on the blog in January 2019
Basically…I didn’t work in January very much at all! Where the heck did January go anyway??? I am hoping to bunker down and get some work done before I leave for a month vacation in Florida mid February. But if I don’t, oh well, I have a very understanding boss, ME!
January Posts You May Have Missed:
- 5 Things Your Blog Needs To Stay On Top
- How To Use Medium With Your Blog And Make Money
- How To Create A Content Calendar Fo You Blog That Brings You Traffic
- How I Made $4549.17 Blogging In December 2018
Goals for my blogs for 2019
- I really want to capitalize on my traffic and increase my income through affiliates. I really feel like I am leaving money on the table. That is why I purchased Making Sense of Affiliate Marketing at the end of December 2018. I am zipping through the course. I am learning tons and will begin implementing the strategies as I go through the course a second time. I have a quick/slow process for tackling courses. I find that the accelerated first go through gives me a great overview and direction while the second go through helps me then focus on concentrated action steps.
- I did increase my subscribers in January by 158 which is huge to me. I also created some automated email sequences. I hope to continue to create opt-ins and sequences because I love putting thing on auto! It makes life so much easier. Especially when life gets in the way. Or vacation lol.
- Bloggers continue to love my blog journal printables! I will be adding more printables soon. One of my goals for 2019 is to bring all of my printables together for a complete blogging journal ebook.
- I have done better in January somewhat but I continue to struggle with creating an editorial calendar. I am one of those free spirits that post when the inspiration hits me. That is great when I am at home but when I am away, like in February/March, my blogs feel abandoned. I want to get ahead before I leave and have posts ready to publish in advance.
- Updating old posts is an ongoing process it seems. It has so many benefits and I hope to go through all of them in the next six months.
Overall, January 2019 was a really great month for me. How was yours? Are you earning a blogging income?
I hope you found this post inspiring but if you find it lacking or need more clarity on any of the content, please do not hesitate to comment or send me an email.
Here’s to a prosperous 2019 for all of us!