Compare this month's income to previous months: (this month is on the far right!)
Hey everyone! Another month has come and gone. Actually, last month was freaking crazy with all of the projects that I had going on (which I'll talk about below), but overall I was very happy with February.
Fortunately, I was still able to bring in some great money with my online business. If you're new here, I started these income reports back in mid-2016, and it's been a total game changer for me!
Once you get past the weirdness of spilling your money guts all over the place, it actually is one of the most enjoyable things I do every month. It also helps that I make pretty good money doing this now haha.
February was a another great month for M$M!
Overall, I think last month was a 100% success. Even though I didn't bring as much money as I did the previous month (you can see January's income report here), I am still super grateful for everything.
I would honestly be HAPPY if I even made $3,000/month working from my computer, so to see $10,000+ for the past few months has been a very cool experience so far.
Also, I think it's actually good to have a little bit of a down swing in terms of revenue for the company. It kinda forces me to reevaluate things and see what other opportunities I can find to make more money!
Things look a little different around here…
I'm sure you've noticed by now, but the site is completely different than it used to be. I launched the new version of M$M at the end of February, and I can tell by the reaction from the De$troyer community that my guy Zack Swinehart (link at the bottom of the site) knocked it out of the park.
One cool thing – my daily page views have doubled so far! It's not that more people are just magically showing up to the site or anything, but really that the same people are staying on the site for longer and looking at more pages.
I was averaging 110,000 page views a month, and if I can keep the site on the pace it has been so far this week it could be closer to 250,000. Pretty crazy. We'll see if it translates into more $$$ over the next few months.
The Free M$M Blogging Course
So…I actually created a free blogging course! I think this is perfect for people who want to get a good start with blogging but don't necessarily want to pay for one on one time with someone like me yet.
Blogging has completely changed my life, and I never even knew it would be something I was good at. It's a process, but I think that anyone who can put the time in can get a lot of value out of it. Who knows, it could even turn into a new career like it did for me.
Along with the course, I also negotiated a special rate for M$M readers on blog hosting! When you use my exclusive link in my free blog startup guide, you can get hosting through Bluehost for as low as $2.95/month. That's insane value, and much cheaper than my hosting costs when I started this site.
If you pair my startup tutorial with the course below, you'll be a legit blogger in just 8 days. 🙂
If you are considering starting a blog, take the course! It's 7 days (with an 8th bonus day) of free lessons by yours truly. You can sign up below.
The Free M$M Blogging Course
You'll learn how to start and run a successful blog in just 8 days!
Anyways, let's get to the income report! Remember, I'm self-employed and have to cover taxes, expenses, and health insurance. I spent less money on Facebook ads this month (about $1,500) by making my process more efficient and doing less ad experiments, but I DID elect to drop $3,800 on website design.
Totally worth it.
Here's how I made money online in February:
Digital Marketing Income: $4,900.00
If you’re new to M$M, I’ll just catch you up really quickly! When I left my job a year and a half ago to start working for myself, I wasn’t making much money at all. The site itself had made around $3 when I took the leap of faith.
A reader really liked my story and work on the site and became my first marketing client! This is a great way to make money when you first start blogging because the skill-set is identical to what you do with your own site.
I highly recommend that anyone who spends time blogging go out and try to find some marketing clients. It’s been a great experience for me so far.
Out of respect for clients’ privacy, I can’t name them on the site or list my rates for specific projects, but you’re always welcome to email me if you are an aspiring digital marketer and want tips or guidance!
MillennialMoneyMan.com Income: $8,553.34
This is the money that I made directly from the blog, and February was a good month for M$M. My affiliate income was down by a little over $1,000 from January, but I actually attribute that to being so busy with the new site design and other client projects.
I kinda neglected the affiliate income side of things unfortunately.
Contrary to popular belief, AFFILIATE INCOME IS NOT TOTALLY PASSIVE! Sorry to yell at you like that, but it's just the truth. You do still have to hustle on social media and with email marketing to get products out in front of people.
Affiliate income: $3,013.06
Bluehost Blog Hosting: $1,435 (Take a look at my free blog creation guide to set up your own site in 15 minutes or less!)
LendEDU: $1,009.50 <- Over 700 M$M readers have used this tool so far to research better student loan interest rates for FREE. (Bloggers, I highly recommend that you apply to become a LendEDU affiliate here)
Personal Capital: $300 (The free tool Coral and I use to track our net worth…love it! Check out my review here)
Making Sense of Affiliate Marketing: $78.80
Credit Sesame: $27
Online Surveys: $46
If you are a blogger and want to figure out how to make affiliate income, you need to take the Making Sense of Affiliate Marketing course. This is THE most comprehensive affiliate course out there. I took this course back in August, and saw my affiliate income jump from a few hundred dollars to several thousand per month (after writing that, it looks like BS but it's legitimately true haha).
Blog coaching: $650.00
I had some good blog coaching work this month, but as I've mentioned before, I don't really push this too much. It's not that it isn't fun work, but there are just so many more ways to make money without having to actually talk on the phone for an hour.
First world problems, I know. But I am really pushing to automate more of my money making process with M$M.
Sidebar Advertising/Sponsorships: $699.28
February was WAY down from the last month for ads and sponsorships. With the increased page views coming from the new site design, I have a feeling that my ad revenue will grow pretty well in the coming months. We'll see!
Staff Writing: $4,191.00
I picked up an awesome staff writing gig almost three months ago, and I really hustled to get some good articles out in February. I don't think this will be a long term thing, but I'm certainly enjoying the extra $$$ while the work is there.
If anyone is reading this that needs an additional $$$ staff writer, shoot me an email and let me know! I really enjoy doing this type of work and have room for 1 or two more clients.
What's coming up?
I'm DEFINITELY looking forward to getting back to creating more content for the site. I had to put that on the back burner as I redid the site and worked through some other marketing client projects.
It's time to finally get way ahead on my writing. It would be so cool to get 3 months of posts in the bank, but that's so so so much easier said than done!
One of the things I need to do a much better job of is working from different locations again. I was killing it with my writing schedule when I was moving around, but then for whatever reason I started writing from home too much and got bogged down.
Believe it or not, writing blog posts takes a lot of creative energy (for me at least). Working from different places with cool views is one of the best ways to keep the ideas fresh. 🙂
As always, thank you!
All the emails and words of encouragement are the main reasons I do this as passionately as I do! If I didn't have all of you to hang out with online, I'd probably own a swimming pool company or something haha.
Blogging is MUCH more fun (in my opinion).
Thanks so much for checking out my online income report! You can take a look at all of my past reports here, or take a look at the most recent ones below: