August 2022 YouTube & 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.

Right now, I have 10 online income streams; not every month I receive income from every single one, but I am constantly growing my income streams to be more diversified.

Business Income & Expense Report August 2022

In this video, I’m walking you through my August 2022 business income and expense spreadsheet following the Profit First Method by Mike Michalowicz.

My August business income from smallest to largest:

Here is how I made $3,706.60 this month.

Patreon: $27.32

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.

Coaching: $43.74

I do one-on-one coaching for budget coaching as well as have a package that creates a budget for you. For more information on my packages click here. I also offer calls using the platform Clarity. I love that the clients can schedule a time and only charged per minute that we are talking.

Course Sales: $60.55

I have two digital courses, Dreamer To Profitable and How To Save Money on Groceries.

My signature course is Dreamer To Profitable.

This course will help you build a profitable business so you can finally live the life you deserve to have! Dreamer To Profitable is definitely for you. This is a step-by-step guide to getting the life of your dreams.

Here is what some of our students have to say:

“Hi Kelly! I just wanted to let you know I enrolled in ”Dreamer to Profitable" three weeks ago, and was so inspired after watching the first couple lessons. I didn’t have a business or side hustle, or even any kind of money-making idea when I enrolled. Since starting, I’ve made my first $1,083 by writing blog posts for people!"

“I have been on YouTube for three years now, and I make a couple hundred dollars a month from it in ads. I knew I could make more money, but was not sure how. Since taking this course, I now have FOUR new revenue streams that compliment my YouTube channel. Not only has this tripled my income, but it also got me excited again to make content and serve my audience.”

“I’m a single mom of two. I work full time, and I hate to admit it, but I’ve been living paycheck to paycheck for years. It’s a struggle to get everything done in the day, and I was nervous about investing in this course and afraid I wouldn’t have the time to do it or to put in the work. I was determined, and I did!!! This course not only helped me solidify my business idea, but also taught me how to manage my schedule and come up with a system to get it all done. I am so thankful for this course! THANK YOU!!!”

I also have a course on How To Save Money On Groceries.

This course teaches how to 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!

Blog Ad Revenue: $73.69

On my blog, freedominabudget.com, I share everything from monthly business income reports (like this one) to money-saving tips.

My goal is to publish 2-3 new blog posts every week.

Blogs this month:

I earn ad revenue from Ezoic. I previously had AdSense on my website, but I’ve found that Ezoic pays much better.

Here is what the Ezoic dashboard looks like and my blog ad revenue from the last 30 days.

Instagram Bonus Program: $101.91

Instagram rolled out a new program where they pay select creators for their content. Each month Instagram chooses a feature that they are going to pay you for. This month they paid for the reels that you created. The Reels I created brought in 41,950 views and they paid out $101.76.

Check out these videos to learn more about making money with Instagram Reels:

Digital Products: $175.75

On my website, I sell 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.

*NEW* Products this month:

*NEW* Sticker now available:

Yes, I’m A DREAMER Yes, I’m PROFITABLE Sticker 3X3

Sponsorships: $700.00

Brand sponsorships are a great way to increase your income as well as tell your audience about amazing brands and companies! I am extremely particular about what companies I work with and always fully vet those companies before accepting a sponsorship.

Affiliate Marketing: $1,128.81

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.

Ad Revenue: $1,394.83

YouTube pays me per ads shown on my videos.

I recently launched a 2nd YouTube channel with tutorials for entrepreneurs and challenging myself with daily uploads until I reach YouTube monetization requirements of 1,000 subscribers and 4,000 hours of watch time.

Tutorials for Entrepreneurs with Kelly Anne Smith TOP videos this month were:

My Main Channel (Kelly Anne Smith) videos this month were:

>> Get your own YouTube Monetization Tracker here:

My Equipment:

• My Camera

• My lens

• Canva

• Lighting kit

• Microphone

• Editing software

• Email service

• TubeBuddy: SEO tool

Total Hours Worked

I track all of my time worked in Toggl.

In August, I worked a total of 46.25 hours giving me an hourly rate of $80.14.

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