Well, when it comes to achieving income goals, you could say that September proved to be an epic fail in this department. I earned £765 less than last month and £899 less than my target for September! As much as I really didn’t want to post about my failure, I thought I probably should because I said I would post an update… even if I failed…
This is the downside of freelancing and earning a variable income. Sometimes, things just don’t go to plan! With that said, I’ve earned enough so that we don’t need to worry about bills and enough to put some away for savings. But why did I fail?
Well, the blog didn’t do so well this month in terms of advertising revenue. It’s just how things go sometimes. Then, I just didn’t have the energy to go about earning extra income! With the change of seasons came plenty of bugs and viruses and I ending up developing a nasty chest infection, which later turned into pneumonia.
I didn’t realise I had that until I found I was struggling to get out of bed in the morning. After I discovered that I was actually pretty ill, I just took things easy for the rest of the month! I managed to get the freelancing jobs done that I was already committed to, but I felt like someone had just pressed my slow motion button during September. The good news is that I’m on the mend, ready for what October has in store!
Here’s the breakdown of my September earnings:
Freelance writing and social media management – £1,128 ($1,712)
Work in this area went really well during September despite me being sick for a few weeks. Last month I earned around 40% of my income via Upwork (a freelancing platform). This month my income from Upwork increased to make up 61% of my freelancing income. Not bad!
If you haven’t tried Upwork for freelance jobs yet, I’d really recommend doing so. Check out my post on How to Significantly Boost Your Income with Upwork formerly oDesk) to get started.
Blog advertising and affiliate income – £0
Yep. Not good. I made a little money from Google Adsense during September and some from affiliate promotion across two of my blogs, but I’m not declaring it just yet as I didn’t actually get a payout in September. With my illness and general lack of energy, I didn’t manage to get around to approaching potential advertisers this month.
On the plus side, I won a blogger award for Disease Called Debt in the SHO-MOs (like a smaller UK version of FinCon, where bloggers are recognised for the work that they do via their blogs). I won Money Blogger of the Year jointly with Skint Dad! Yay!
Passive income from eBooks – £73 ($109)
Not quite as much as last month but considering that I didn’t do much during September to earn money from this particular stream, it’s definitely a nice to have.
My goal in this area last month was to write another ebook, publish it and promote it. FAIL! I have actually started writing another eBook but am nowhere near finishing it just yet!
Total income earning during September: £1,201 ($1,549)
*Earnings subject to some tax deductions!
Income goals for October
- Freelance writing / social media management – income goal of £1,300 ($2,000). Work with existing clients to do this and take on more work if possible.
- Blogs – income goal of £300 ($455) – this is lower than my goal for September – gotta keep things realistic! I’ll aim to do this by trying to increase traffic to the blog and approach past advertisers.
- eBooks – finish writing new eBook, publish and promote it. Put a couple of my eBooks on free promo – look out for the notification soon on my blog!
Target income for October– £1,600 ($2,431)
My income target for October is lower than the target I set for September, but it’s probably more realistic to aim for this amount as opposed to £2,000 plus.
Now over to you! How was September for you in terms of your personal goals?
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15 Comments
It’s still a very good online income. I do hope October would be a good month for me too.
Clarisse @ Make Money Your Way recently posted…Scrapping Metal
Well done! I had a similar September, but mostly because I was laying foundations for an income later in the year. I think it is important to be honest with our readers and let them know that it isn’t all plain sailing! Onwards and upwards for October.
Emma @ From Aldi To Harrods recently posted…September 2015 challenge results
Great job on your monthly income. Good luck in October 🙂
Michelle recently posted…September Online Income Report – $31,030
Congrats on the award but sorry you were so ill! Hopefully this month will be back to normal for you. I hired someone through up work recently and they did a great job, but I’ve never put myself on it as a freelancer since it does seem to be significantly less than what I can make as a video editor outside of that venue. Same with fiverr, although I know they are totally different.
I’m so sorry to hear that you got so sick!
I’ve been off from my part-time job since early May, but I went back last week, and eagerly await receiving a paycheck again!
Amy @ DebtGal recently posted…The Propane Deed is Done!
Hayley – you’ve come so far in such a short period of time. You have cleared your debt and now earning a fantastic amount. You should b proud, its such an achievement
Victoria @thefrugaltrial recently posted…HOW TO MAKE REUSABLE BABY WIPES
Hayley, nice report! $1.5k is a lot! Congratulations! Goodluck on your October.
Jayson @ Monster Piggy Bank recently posted…Don’t put all your banking eggs in one basket
Thanks for the info on Upwork–I sent it to my daughter who is a college student and a terrific writer.
RAnn recently posted…Oh No, I Was in a Wreck!
Congrats on the SHO-MO! And I’m so sorry you were sick. Pneumonia sounds like a perfectly valid reason for, well, just about any kind of slow down. Glad to hear that things are getting better and I’m sure October will be a better month for you.
Gary @ Super Saving Tips recently posted…Goal Planning or Do You Believe in M.A.G.I.C.?
Blah sickness is the worst. You did pretty darn well all things considered! September was big for me in terms of locating new work, but not so great in actually bringing in money.
Congrats on the Award!!! That’s a big deal!!!
Femme Frugality recently posted…The Frugality Challenge: Gamification of Your Finances
Congrats on the award! Unfortunately you don’t get sick days as a freelancer, but hopefully October will be a better month.
Tre recently posted…Shared Workspace
I know you’re disappointed with the number, but considering you were sick and you still managed to make a good amount of money is really impressive. How much did you make a month when you first started? I’m guessing you’ve come a long way from that, don’t forget that. Way to go! 🙂
Liz recently posted…Friday Night Shenanigans #23
Those are still some great numbers for September! Glad you’re on the mend and hopefully things only get better for October’s numbers!
K @ One More BROKE TWENTY-SOMETHING recently posted…I HATE to Automate!
Congrats on the Sho-Mo! And I think one of the most important things about being a personal finance blogger is writing about times when we fail – it’s what makes us different from just some how-to-tips-book or something like that. Real people don’t reach all their goals – at least, not on the first try.
Mel recently posted…Financially Savvy Saturdays #111
My September income was up, but so was my spending so it was kind of a wash in that way. Right now I’m just working really hard to contain my spending so my increased income can actually make a difference on my debt and savings.
Kayla @ Shoeaholicnomore recently posted…5 Easy Ways to Reduce Your Stress