The year is half over already! Where has the time gone? While my day job had a slow start this year when winter finally decided to start in April, things are picking up pace on that front. Meanwhile, my online income has been increasing. While my first quarter update showed me just behind being on pace, I am now fully on pace to have $3k of online income by the end of the year.
Even better, I have ~$200 in pending payouts. This is money that I’ve already earned, and already reached the payment threshold and the payments have already been sent. They just haven’t arrive yet. How is it that I can deposit a check on my phone and have it in my account in 5 minutes, but it takes 3 days for Paypal to transfer funds?
$3k Challenge Income
If you follow the math from the first paragraph, and recall from the last update that last quarter exceeded all of last year’s income, then it is fairly obvious that I have a new record for quarterly income from my online endeavors.
Here is the breakdown:
- Advertising: $645
- Freelancing: $27
- SEAM Publishing: $129
All of my income came from those three sources this quarter. But next quarter will have a brand new heading of ebooks as I’ve finally reached the payment threshold on Amazon.
Advertising
Remember that first AdSense payout I talked about last time? Well, I reached the payment threshold last month and Google has sent the payment, but as of the time of this writing, it has not yet arrived. Oh well, that much extra to report next month!
Foodie Blogroll advertising is continuing to pay out a few dollars per month and Viraliti is beginning to pick up steam. I also had my first Sponsored Tweet is a while last month.
Freelancing
Yeah, that’s right. $27. From my participation in the multi-author blogging project Penny Thots.
SEAM Publishing
SEAM Publishing did very well. A previous publishing client produced another book and it’s already making me some money. If you are a teacher and could use some help on your resume, check out Confessions of a Teacher Recruiter (aff) on Amazon.
What has really been coming into it’s own is my Fiverr income. Last month I made $60 and this month over $100. Now that I’m a Level 1 seller, it is easier to sell larger gigs which should increase the pace of my earnings there.
Expenses
- hosting fees: $70
- domain fees: $10
- fees: $14
- ingredients for food blog: $6
- taxes: $428
When my subscription for HostGator was up for renewal, I switched to Nuts & Bolts Media. It’s better service, a cheaper price, and faster hosting, all from a fellow Yakezie member, Andrea. When it’s time to renew your hosting account, I highly recommend you make the switch. Sign up with my affiliate link for Nuts & Bolts Media Hosting, and I’ll have more income to report next time!
So total expenses are $528, with taxes obviously taking the lion’s share of that. That puts actual revenue at $273
Year-to-date, I’ve had $1542 income, minus $714 taxes and other expenses for a profit of $824.
2013 $3K Challenge Sponsors
Financial support for the 2013 $3k Challenge was provided by Sophisticated Spender, My Personal Finance Journey, Frugal Toad, One Cent At A Time, KNS Financial, and The Financial Monk.
Okay, $3K Challengers! How did you do for your first quarter? Enter your numbers in the comments below by April 10.
*I’m still in need of a JS programmer for a project involving my wife’s WildTree website. If that is you, contact me! I’m also looking for someone with experience building a directly page, one that ties into social media API’s to rank the sites included in the directory.
