Hey guys, it’s time for my February side hustle report!
I made $1501 of extra income in February – not too shabby.
Why Do I Share My Side Hustle Income?
One of my goals for 2017 is to increase my side hustle income.
I’m trying to save for early retirement and it can’t hurt to have a few extra dollars coming in each month.
Plus, I’m a total nerd and I actually find this stuff fun.
Without further adieu, here are my side hustle numbers – separated by category.
My Blogging Income Is Increasing Each Month
This past month was a great month for my blogging income, despite the fact that I spent most of my time trying to launch a physical product.
I was so busy that I only put out a handful of posts:
- Why You Don’t Need To Go The Full Mile To Get What You Want
- 10% Of The Year Has Passed – How Are You Doing On Your Goals?
- Should You Take Time Off? In Defense of the Gap Year
- 10 Books That Changed Me..And 10 That Didn’t
Yet I made over $1,000!
That’s the best thing about passive income like blogging – it’s passive.
FlexOffers & Ebates For The Win
FlexOffers kicked butt this month! I was not expecting an almost $800 increase month-over-month. CRAZY!
Ebates is also a consistent earner for me (probably because I write about how I use it to save money on travel frequently).
It has a great referral program, where if you refer three friends, you get $75.
If you haven’t signed up for Ebates yet, start earning your cash back now.
As you can see – I have quite a list of blogging expenses. These expenses are worth it to me.
I highly recommend you sign up for the free trial for those two if you aren’t trying them out already.
I wrote tutorials with screenshots as I was setting them up if you need help:
Sucuri was a one time cost in January when my blog got hacked and now I have security monitoring for the whole year.
You Need A Blog To Make Money Blogging
I started this blog with Bluehost (because it was cheap).
I recently wrote a tutorial about how to create a blog on Bluehost as I was creating the site for my new physical product.
I included screenshots which I think will help people set up their site.
I Launched My Product on Etsy
OK so here is the exciting news for this month – I launched my physical product on Etsy!
I spent February brainstorming product ideas, listening to a bunch of Amazon and Etsy podcasts, and emailing back and forth with manufacturers to get my product made.
I finally launched my product last week and got my first sale!
I’m so pumped about it, you have no idea.
Why I Bought $584 Worth Of Product
As you can see, I dove in head first and bought $584 worth of product.
Some of you are probably thinking why would you do that?
Most experts recommend you start with a small order because you don’t know if your product will actually sell.
I didn’t start small. Here’s why:
- One of my goals for 2017 is to actually do things – not just google them excessively and then table them for later. There is no better way to learn about how to sell physical products than selling physical products. I consider this $584 an educational expense.
- Two, the more units I got, the cheaper the product would be. I only have to sell 10% of the units to break even on the product. I’m pretty sure I can do that based on the demand I see in the market.
- Third, I’m reinvesting the money I make on the blog back into my other side hustles. I don’t mind taking risks with this money.
So What is Your Product?
I plan to write a post next month where I share the details of how I thought of the product, how I designed and manufactured the product, and how I ultimately sold the product.
I Kicked Off My 1×1 Coaching Service
I kicked off my 1×1 Coaching Service this month and I loved it!
It was great connecting with some awesome readers and helping them figure out the next steps they should take.
I was surprised to see that sign-ups were even across the two areas.
- Debt Coaching (5 people)
- Blog Coaching (6 people)
Not everyone who signed up ultimately booked but maybe they will this month.
Check out my Coaching Services Page if you want to learn more about working with me.
All of my sessions are 60-minute Skype sessions and you can book online through Calendly.
We Still Have the Accidental Rental Property
We still have this property. Luckily, we have no unexpected expenses to report this month.
We’re figuring out what to do with it when the lease is up in June.
We might put it up for sale or rent it again for another year.
There’s a small chance we might move back into it, but that’s small.
Total Revenue = $1501.34
Check out last month’s blogging income report to see the month-over-month progress.
Do you have any questions or comments about any of these side hustles?
Leave a comment below!
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