June 2020 Side Hustle & Business Income Report
Each month I publish a YouTube and blog Income Report showing you how much money I made in my business as well as some lessons learned that contributed to that success and outcome.
My goal is to be transparent with you, show you the ups and downs as well as inspire you to hopefully build your own YouTube channel and/or blog.
Side hustle income is a large part of the financial success we’ve enjoyed over the last couple of years. We’ve paid off debt, cash flowed our wedding and new-to-me car and saved a down payment on our first home. Without a side hustle, all of those wins wouldn’t have been possible.
JUNE YOUTUBE CHANNEL EARNINGS $1,623.62
In this YouTube income report, you will see a breakdown of Adsense earnings, affiliate marketing, digital products, course sales, and Patreon.
UPDATES TO THE CHANNEL IN JUNE 2020
June was a crazy month, we have been quarantined for 4 months now. Just as soon as we thought we were coming out of the gate Florida’s cases spiked and we are back in lockdown. I have used this time to do a lot of education and digging deep into my business to find places where I can improve.
Here are the major changes in no particular order:
• Back to Personal Finance video topics
• 2 videos each week, posting on Mondays and Thursdays
• 1-3 blog posts a week
• Increased Pinterest from 20k monthly views to 150k monthly views
• Enrolled in course 1k1Day by Nicole Walters
• Created a FREE 7-Day Meal Plan
In May I did an investing series on YouTube where I shared videos on How To Overcome The Fear of Investing, Dividend Investing For Beginners, 3 Dividend Stocks I’m Buying Now. I received a lot of great feedback from those videos. A lot of my viewers said that they learned a lot about investing it my videos helped take the FEAR they had out of investing. That means so much to me and is my goal with teaching about money and investing.
I also received a lot of feedback that people missed my old videos where I gave them advice on How To Save Money on Groceries, How To Meal Plan, and Financial Goals. I’m happy to bring these types of videos back. They are a lot of fun for me!
My June Side Hustles from largest to smallest:
Here is how I made $1,623.62 this month.
Dividends: $15.42
As you can see, my dividends are low for the month of June, but honestly, I’m excited to see this!
Investing in Dividend Stocks through M1 Finance and Robinhood are an incredible way to make passive income in the long run. Most dividends are paid quarterly so receiving a few monthly dividends is an unexpected surprise. I am growing my portfolio by $500-$1,000 every month.
Patreon: $36.67
Patreon is a monthly subscription to help support your favorite creators. On Patreon you will find exclusive videos, like Budget Report Cards, personal videos, behind the scenes, live streams as well as all of my budget templates and printables.
My Patreon Posts this month were:
MAY 2020 Budget Report Card *EXCLUSIVE VIDEO FOR PATREON*
6 Month Emergency Fund Tracker Printable
JUNE 2020 Budget Report Card *EXCLUSIVE VIDEO FOR PATREON*
Digital Products: $91.98
On my website, I’m now selling Monthly Excel Budget Templates and Spending Analysis Templates that work in Google Sheets! Soon all of my templates will be available in Excel and Google Sheets.
The templates available in my shop are:
• Monthly Excel Budget Template
• Grocery, Meal Plan & Inventory Printables – 15 Pages
• $1,000 Emergency Fund Tracker
• Save $1,000 in 30 Days Printable
• 6 Month Emergency Fund Printable
• Mortgage Debt Tracker Printable
• Homebrew Savings Challenge Printable
Course Sales: $232.56
My course How To Save Money On Groceries Course has finally launched!
This course will help you maintain a healthy lifestyle, stop food waste, and give you tips and tricks to harness your best grocery life. You’ll save money, learn how to spend wisely, and, most importantly, you’ll learn how to lower your food cost so you can spend on the things that bring you joy!
Use code GROCERIES15 for $15 off!
YouTube Ads: $464.85
Due to the pandemic ad rates are at an all-time low, this was the lowest my channel has made in years. I am determined to not let it phase me, to continue to put in the work, and make quality content.
My videos this month were:
• Save Money on Groceries | EASY GROCERY HACKS, TIPS & TRICKS
• How To Overcome The FEAR Of INVESTING
• 3 Dividend Stocks I’m Buying Now for $50 As A Beginner Investor
• As a Beginner Investor … Should You Pay Off Debt or Invest? How You Can Do BOTH
• Buy EXPENSIVE STOCKS Now Using Fractional Shares on M1 Finances
• How To Redeem Gift Cards In Fetch Rewards App | Step by Step Tutorial for FREE GROCERIES
• 5 Things To Do To Improve Your Finances in 2020
Kelly Anne Smith – Freedom In A Budget YouTube Analytics/ YouTube Income Report
Affiliate Marketing: $782.14
If affiliate marketing is something you are looking to get into, I recommend taking the course Making Sense of Affiliate Marketing. Michelle digs into the best way to promote brands that you know, like, and trust and well as all of the legal elements of affiliate marketing. I’ll be honest, there was way more things that you need to be aware of and do to be FTC compliant than I expected. The course breaks it all down for you.
Second is to join an affiliate network, I have two main ones that I go through Aragon Premium and Flex Offers. These two networks offer thousands of brands combined that you can work with. Everything is in one convenient place, you can search for the brands, apply right there, get affiliate links, track clicks, and your payouts all in one place! Aragon Premium and Flex Offers are my go-to!
Goals for July:
Start working on merch designs
Upload at least 8 new videos in July
Publish at least 10 new blog posts in July
Increase course sales to $500
Complete 1k1Day course
Read to Free To Focus by Michael Hyatt and Building a StoryBrand by Donald Miller.
VIDEO IDEAS PLANNED FOR MONTH OF JULY
Financial Goals That I’ve Achieved in My 30’s
2020 Mid-Year Goals Check In
My top 5 money apps
How I made $10,000 online
Surviving a recession. What to do if your income drops.
How to pay extra towards your mortgage
Savings and investing accounts we use
What stocks I’m buying in the market crash
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