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Budgeting

November 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.

NOVEMBER YOUTUBE CHANNEL EARNINGS $5,563.10

November was a record-breaking month for my business. I changed my monthly revenue goal from $5,0000 to $15,000. I believe in the psychology of making stretch goals and it worked! I finally broke the $5,000 income range!

My November business income from largest to smallest:

Here is how I made $5,563.10 this month.

Coaching: $87.27

I do one-on-one coaching for budget coaching as well as YouTube coaching using the platform Clarity. I love that the clients can schedule a time and only charged per minute that we are talking.

Patreon: $78.32

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.

Course Sales: $187.02

My course How To Save Money On Groceries Course launched this past summer.

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! 

My newest course Dreamer To Profitable launched in November!

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. 

Digital Products: $196.64

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

Annual Budget Template

Vacation Budget Template

Wedding Budget Template

Grocery, Meal Plan & Inventory Printables – 15 Pages

•  $1,000 Emergency Fund Tracker

Save $1,000 in 30 Days Printable

Student Loan Debt Tracker

Credit Card Payoff Tracker

Car Loan Payoff Tracker

6 Month Emergency Fund Printable

Savings Challenge Printable

Mortgage Debt Tracker Printable

Debt Payoff Tracker

Homebrew Savings Challenge Printable

Food Inventory Printables in Pantry Inventory, Freezer Inventory, Fridge Inventory & Seasonings Inventory

Spending Analysis Template

52-Week Savings Challenge

YouTube Ads: $1,122.75

In November I focused on videos that will help you get your finances in order for the new year.

My videos this month were:

10 Things I Stopped Buying To Save Money & Live Better

Budget for a $20,000 Annual Income Budget – Mock Budget Series

8 Items NEVER Buy At The Grocery Store

How I Use Sinking Funds In My Budget | Sinking Funds Explained

Budget for a $30,000 Annual Income Budget – Mock Budget Series

Personal Financial Advice for Millennials Today

Black Friday SCAMS To Avoid

How To ACHIEVE Your MONEY GOALS In 2021

Millionaire Habits | Habits Wealthy People Do Differently

Affiliate Marketing: $2,245.75

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!

Shopkick: $5.00

Amazon: $19.97

Ibotta: $40.00

Teachable: $45.00

M1 Finance: $100.00

Bestow Life Insurance: $150.00

Rakuten: $285.78

Fetch Rewards: $1,600.00

Goals for December:

• Start working on merch designs

• Upload at least 12 new videos in December

• Publish at least 5 new blog posts in December

•Weekly newsletter

• Increase course sales to $5,000

•Read The 7 Habits of Highly Effective People, The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months and Vivid Vision: A Remarkable Tool For Aligning Your Business Around a Shared Vision of the Future 

• Launch Dreamer To Profitable Course on Jan. 1.

Accomplishments in November:

• Read The 10X Rule: The Only Difference Between Success and Failure

• Opened pre-sales for Dreamer To Profitable Course

• Released 9 YouTube videos

• Record breaking revenue month

• Created new quiz: What Type of Entrepreneur Are You?

what do you think?